Autumn statement sets out tax plans for oil and gas
The chancellor, Jeremy Hunt, confirmed today the end date for the windfall tax on oil and gas profits, more formally known as the energy profits levy (EPL).
Small-scale fracks planned for new Wressle wells
Two new wells planned for the UK’s newest onshore oil production site are likely to be stimulated by proppant squeeze, a small-scale hydraulic fracture.
Reaction to oil and gas plans in King’s Speech
The government’s much trailed plan to require annual oil and gas licensing rounds for the North Sea was included in the King’s Speech today.
Shock and anger at Biscathorpe oil production decision
Campaigners and councillors have said they are shocked that a government-appointed inspector has overturned the refusal of planning permission for long-term oil production in the Lincolnshire Wolds area of outstanding natural beauty (AONB).
November 2023 headlines
Keep up to date with November 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Breaking: Inspector rules national need for oil justifies production in Lincolnshire Wolds AONB
A planning inspector has allowed long-term oil production in the Lincolnshire Wolds, even though he admitted it would harm the landscape and beauty of the area.
What’s happened to onshore production since 2018?
Almost a fifth of UK onshore production fields have extracted no oil or gas in the past five years, according to analysis by DrillOrDrop.
UK council pension funds invested £16bn in fossil fuels – new estimate
UK local authority pension funds are estimated to hold £16 billion in fossil fuel investments, according to new analysis published today.
Plans for two new wells confirmed for Wressle oil site
The UK’s newest onshore oil production site has confirmed it is planning two new wells.
Balcombe villagers criticise oil firm over “incorrect fracking statement”
The company which operates the mothballed oil site at Balcombe in West Sussex has been accused of misrepresenting history in a comment on fracking.
DRILL OR DROP? 