Europa Oil & Gas, one of the main investors in oil production plans at Wressle, announced today it had cut salaries and cancelled non-core contracts because of the coronavirus outbreak and oil price falls.
An Australian mining group has almost doubled its stake in the UK shale gas company, Cuadrilla Resources.
UK Oil & Gas plc reported today that it intended to increase its stake in the Horse Hill exploration licences in Surrey.
The anti-fracking network, Reclaim the Power, is focusing its opposition next week on companies that finance shale gas exploration.
HSBC bank has increased its stake in IGas, which is currently drilling for shale gas at Tinker Lane in Nottinghamshire.
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
Solo Oil has announced it is selling its direct interest in the Horse Hill oil exploration site in Surrey.
INEOS has increased its onshore exploration licence area in the UK to more than 1.2m acres, it announced this morning
The company behind the Brockham oil well in Surrey has bought into the neighbouring licence where there are plans for exploratory drilling this year.
Egdon adds to licence stake Egdon Resources has announced it has increased its stake in a potential shale gas area in the East Midlands.
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