Angus update on lender talks and production
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
Cuadrilla’s Elswick gas production site near Blackpool has been granted a five-year extension.
The decision on plans to produce oil in the Lincolnshire Wolds has been delayed again.
The South Downs National Park has approved plans to route a high voltage cable from the Singleton oil site through ancient woodland to a connection with the national grid.
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
Production at the Keddington oilfield in Lincolnshire has resumed, a partner announced this morning.
UK onshore gas volumes fell for the fourth consecutive month in April 2025. Production was the lowest for 18 months, down 23% on March 2025.
The operator of the UK’s largest onshore gasfield is facing doubts over its ability to continue as a going concern.
New government guidance on assessing carbon emissions from oil and gas production has been welcomed by environmental campaigners.
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.