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.
Redundancies at IGas in £1m cost cutting
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
Two companies suspend production at some sites in response to low oil price
Two UK onshore companies announced today they were temporarily shutting-in some sites to cut production following falling oil and gas prices
DRILL OR DROP? 