Star Energy oil revenues fell more than 20% in 2025, compared with the year before, according to annual accounts. The company also announced a share placing aimed at raising £8.4m.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
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? 