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.
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.
A UK onshore oil and gas company could be bought up by the investment company Metal NRG by the end of the summer.
Two Extinction Rebellion activists have denied charges of aggravated trespass at the Horse Hill oil production site in Surrey.
UK Oil & Gas has said it could stimulate or sidetrack its second oil well at Horse Hill in Surrey to achieve long-term production.
Dunsfold residents have welcomed a county council vote to refuse plans to drill near their Surrey village.
This post has live news updates on the decision over proposals to explore for oil and gas near the village of Dunsfold in Surrey.
A public consultation on plans to drill for oil on the Isle of Wight has been poorly communicated, with inconsistencies and discrepancies, campaigners have argued.
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
The UK’s Climate Assembly has said government plans for economic recovery from the coronavirus outbreak should also help achieve net zero carbon emissions.
The amount of carbon that would be emitted during any future oil production at West Newton in East Yorkshire would be smaller than the UK onshore average, according to the conclusions of a study announced today.