Minister avoids question on fracking tax relief
The energy minister, Greg Hands, sidestepped a question about the investment tax allowance proposed under the windfall tax for oil and gas companies.
Little public support for policy change on fracking – study
As the government considers the future of fracking in England, a new study has revealed little support for a change of policy.
“There can be no moving the fracking goalposts” – Fylde MP
The MP representing the area around Cuadrilla’s shale gas site in Lancashire has opposed efforts by some fellow Conservatives to lift the moratorium on fracking and relax regulations on earthquakes.
UKOG fails to win extra Turkish licences
The Weald-based UK Oil & Gas (UKOG) plc confirmed today its bid for three new licences in Turkey had been unsuccessful.
Angus updates on reinjection at Brockham and sidetrack at Lidsey
A decision on proposals to reinject wastewater at the Brockham oil site in Surrey is expected next month (September), the site operator, Angus Energy has said.
“Disappointing” pause on UKOG’s Turkish well
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
Shares fall on news of UKOG £5m placing
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
Angus Energy to seek new drilling target at Lidsey
Wells drilled at the Lidsey wellsite in West Sussex were probably on the edge of the oil reservoir, rather than the crest, the site operator has announced.
Cuadrilla hints at a long game for UK fracking
Lancashire shale gas will take longer to exploit than expected but the potential value remains, Cuadrilla’s chief executive told an Australian business newspaper today.
Data reveals where people reported damage from fracking earthquake
More than a third of damage reports following the UK’s strongest fracking-induced earthquake in Lancashire last year were from one town, according to data released this week.
DRILL OR DROP? 