Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
The campaigner behind last year’s Supreme Court judgement on climate emissions has called for strict new rules that would prevent most future oil and gas extraction.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
New onshore oil and gas developments are planned at 15 sites in England, a new map reveals, as leading scientists insist additional fossil fuel operations are incompatible with fighting climate change.
A pivotal legal challenge that will have major implications for new fossil fuel projects in the UK opens at the Supreme Court in London this morning.
Greenhouse gas emissions from existing fossil fuel infrastructure are enough to burst through the critical limit of 1.5C in global temperature rise, a major new report warned today.
As ministers consider how to compensate people living near shale gas sites, a DrillOrDrop analysis of the UK’s only fracking community benefit fund raises questions about its value.
The UK government is seeking views on new climate criteria that oil and gas projects must meet to be approved.
New research, published within days of the start of Cop26 climate talks, reveals that 40 oil, gas and coal projects have been submitted for approval in the UK.
Development of new oil and gas fields must stop this year if the world is to meet its goal of net zero carbon emissions by 2050, the leading energy organisation has said.