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.
Stimulation considered as solution to continuing water problem at Horse Hill well
UK Oil & Gas has said it could stimulate or sidetrack its second oil well at Horse Hill in Surrey to achieve long-term production.
Villagers applaud surprise council rejection of UKOG’s Dunsfold drilling plans
Dunsfold residents have welcomed a county council vote to refuse plans to drill near their Surrey village.
Redundancies at IGas in £1m cost cutting
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
Union Jack becomes biggest player in Wressle oil field
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
UKOG announces plan to boost production from “Gatwick Gusher”
UK Oil & Gas said today it would reperforate the Portland section of its first well at the Horse Hill oil site in Surrey.
Updated: Geological faults challenge fracking in the Fylde – new study
Complex geology in one of the UK’s leading shale gas regions places a major constraint on exploration and production, scientists have concluded.
May 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.
