Updated: UKOG funding resolutions passed
Investors in UK Oil & Gas plc have approved two resolutions aimed at raising money for the company’s hydrogen storage and production plans.
Ex chancellor “delighted” at end of licence for “ridiculous” gas scheme
Sir Jeremy Hunt, the former chancellor, has welcomed news that an oil and gas company has surrendered its exploration rights in his Surrey constituency.
Cuadrilla gives up three Yorkshire shale gas licences
Cuadrilla has relinquished three shale gas licences in Yorkshire, its Australian owner confirmed this morning.
UKOG gives up Isle of Wight licence
UK Oil & Gas has revealed that it has given up its licence to explore for hydrocarbons on the Isle of Wight.
Another UK onshore oil company closes
The UK onshore oil and gas exploration firm, Hutton Energy UK Limited, was dissolved today.
IGas writes off £10m from shale gas exploration but still seeks end to fracking moratorium
IGas has confirmed it has relinquished the Tinker Lane shale gas licence in Nottinghamshire and written off £10m in exploration costs. But the company said it was continuing to work with regulators and government to end the moratorium on fracking in England.
2020 review of the year
2020 was a frack free year in the UK because the shale gas industry failed to persuade ministers to lift blocks on the process.
Investigation reveals high failure rate for onshore oil and gas licences
In the week that IGas confirmed its Tinker Lane well had missed the Bowland shale, campaigner Ben Dean investigates the high failure rate of UK onshore oil and gas licences in the past two decades.
Operators face losing drilling acreage in UK licences this month
Oil and gas companies operating more than 40 onshore oil and gas licences face losing at least part of their acreage at the end of this month.
DRILL OR DROP? 