Egdon Resources has said it is cutting costs because low oil prices following the coronavirus outbreak have hit profitability in its fields.
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Europa Oil & Gas, one of the main investors in oil production plans at Wressle, announced today it had cut salaries and cancelled non-core contracts because of the coronavirus outbreak and oil price falls.
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
Cuadrilla has taken more equipment off its fracking site near Blackpool this week.
Lawyers for five opponents of oil and gas operations in southern England have applied to the High Court to strike out an interim injunction granted to UKOG against protests at its sites.