UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
Money cannot compensate for fracking, politicians told
A retired bishop who lives half a mile from Third Energy’s approved fracking site in North Yorkshire told a parliamentary group yesterday that community benefits would not compensate his village for the impacts of fracking.
August 2016 drilling headlines
DrillOrDrop’s digest of the past month’s news about fracking, shale and onshore oil and gas developments in the UK and around the world. Top 10 stories: PM proposes direct payments to residents from shale wealth fund – fracking opponents say its bribery First state in Australia bans fracking […]
