Angus Energy chief resigns
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
Daily onshore gas production was down 10% in March 2025, compared with February – the lowest level since July last year. Daily oil production was down 3% on the month.
UK onshore oil daily production rose 2% in February 2025, compared with the previous month but daily onshore gas production dropped 4%.mm
The volume of UK onshore gas fell nearly 4.5% in January 2025, compared with the month before. This was the lowest monthly volume since September 2024 and mainly because a fall in production at Saltfleetby.
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centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.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 government has defended plans to end the issuing of new onshore oil and gas licences in England.
2024 UK onshore oil production fell for the 11th consecutive year to the lowest level for 37 years, according to official data published this week.
The volume of UK onshore oil produced in December 2024 was up 5% , compared with the month before, almost topping the record for the year.
Decommissioning of Cuadrilla’s mothballed fracking wells is due to get underway within days after a crane was delivered to the site near Blackpool.
The decision over plans to extract oil in the Lincolnshire Wolds looks likely to be delayed.