Opposition investors seek removal of Union Jack directors
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
The formal refusal of planning permission for drilling and lower-volume fracking at Burniston in North Yorkshire was confirmed this afternoon.
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
A well test at the controversial Balcombe oil site – scene of daily anti-fracking protests in summer 2013 – is looking unlikely.
Egdon Resources has given formal notice that it will apply for planning permission for gas exploration near the North Yorkshire village of Foxholes.
The fracking company, Cuadrilla, has revealed it is to seek two more years at its mothballed shale gas site near Blackpool – just four days before the land should have been returned to agriculture.
The industry regulator gave Cuadrilla more time to plug and abandon its shale gas wells at Preston New Road in Lancashire, DrillOrDrop has discovered.
The onshore oil company at the centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.
The UK’s first formal assessment of carbon emissions from burning onshore oil has been criticised as “flawed”, “misleading” and “unlawful”.
Key equipment was installed today to decommission Cuadrilla’s fracked shale gas wells and work is expected to start imminently.