Review of 2024: landmark judgement sparks tumult for onshore oil and gas
In 2024 the country’s highest court ruled on the climate impact of UK onshore oil and gas production, with tumultuous results for the industry.
Reabold Resources ups stake in Rathlin Energy
Reabold Resources has acquired a further 20.4% of shares in Rathlin Energy, the operator of two exploration sites in East Yorkshire.
West Newton to miss drilling deadlines
Rathlin Energy will fail to meet its obligations to drill a production well at West Newton in East Yorkshire because it can’t find the money, it was revealed today.
Carbon footprint of West Newton gas “significantly lower” than UK average – report
Potential gas production from two sites in East Yorkshire would have a significantly lower carbon footprint than the UK average, according to new estimates.
Updated: New drilling plans at West Newton
Partners in a scheme to produce oil and gas in East Yorkshire have announced what appear to be big changes to their plans.
Reabold announces £4.4m payment from Shell
Reabold Resources, a key investor in the West Newton oil and gas field in East Yorkshire, is to receive £4.4m from Shell in the coming days.
Reabold fights off second shareholder challenge to board
A major backer of the West Newton oil and gas project in East Yorkshire has fought off another challenge by a group of shareholders.
What to watch in 2024?
DrillOrDrop’s checklist of what to look out for in 2024 on UK onshore oil and gas. You can also catch up with the headlines from 2023 in our review of the year.
Updated: Shareholders challenge oil directors
Two directors of an oil firm have retired after “consultation with shareholders” and the entire board of a second company faces a call for its replacement.
Rathlin Energy needs more money for East Yorkshire drilling
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
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