UKOG: “great surprise” at MP’s objection to Isle of Wight drilling plans
An objection to its oil drilling plans by the Isle of Wight MP, Bob Seely, was “a great surprise”, UK Oil & Gas said today.
IGas to revisit spending plans as oil price rises
The exploration and production company, IGas, said today it was reviewing its capital spending plans with the increase in the oil price.
UKOG buys into “irresistible” Turkish licence
The company behind oil drilling at Horse Hill in Surrey said this morning it had taken a licence stake in south east Turkey in the hope of “rapid monetisation” of reserves.
“Oil drilling puts Isle of Wight Biosphere status at risk” – AONB chair
Proposals to drill for oil on the Isle of Wight could threaten the island’s new Biosphere status, it was alleged yesterday.
Officials urged to rethink backing for Broadford Bridge planning extension
Campaigners have urged planners to drop their support for more time at an oil exploration site in West Sussex.
Egdon seeks second time extension for oil drilling at North Kelsey
Egdon Resources is seeking to extend its planning consent for oil exploration at North Kelsey in Lincolnshire for another year.
July 2020 headlines
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Losses mount at IGas
IGas declared a pre-tax loss of £59.1m for 2019 in its group annual results published today. This was up from £25.1m in 2018.
Investor prepares to buy UK onshore oil and gas company
A UK onshore oil and gas company could be bought up by the investment company Metal NRG by the end of the summer.
Climate campaigners plead not guilty to trespass at oil site
Two Extinction Rebellion activists have denied charges of aggravated trespass at the Horse Hill oil production site in Surrey.
DRILL OR DROP? 