Doubts over Angus Energy future cashflows
The operator of the UK’s largest onshore gasfield is facing doubts over its ability to continue as a going concern.
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.
Campaigners have restarted a legal challenge against a council which ruled that plans to expand the Wressle oil production site do not need a detailed environmental study.
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.
Opponents of oil operations in the West Sussex village of Balcombe have vowed to fight any future proposals for production, despite losing a recent legal challenge.
The former fracking company, Cuadrilla, is seeking another five years to extract gas from its site at Elswick, in Lancashire.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
An oil company has again been given extra time to provide more information about its production plans in the Lincolnshire Wolds.
Gross profits at Union Jack Oil fell 40% in 2024, compared with the year before, annual acounts revealed today.