UKOG announces accounts delay and trading suspension
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centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.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 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centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.
Waste fluid from oil wells across southern England can be tankered to a village in the Surrey green belt, where it will be pumped underground, councillors decided this morning.
Planners are supporting proposals to tanker wastewater from oil wells in southern England to inject into site in a Surrey village to boost production.
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
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.
Ambitious claims about potential production from a shale gas discovery in Lincolnshire have been described as “so misleading as to be ridiculous”.
The operator of unlawful oil production at Horse Hill in Surrey has not given a date when equipment will be removed from the site. The company has also not acknowledged a formal request for more information on its operation.
A campaigner who brought a legal challenge against oil production plans in Lincolnshire, was escorted out of an energy conference in the county this morning.