Updated: UKOG pushes ahead with share plan to raise money for Loxley gas site
UK Oil & Gas has revived a bid to reorganise its share capital, needed to raise money for future projects, including a gas site in Surrey.
Government at High Court over claims that its climate action plan is “inadequate”
Three organisations are taking the government to the High Court this morning alleging that the UK climate plan is weak and inadequate.
Reabold announces £4.4m payment from Shell
Reabold Resources, a key investor in the West Newton oil and gas field in East Yorkshire, is to receive £4.4m from Shell in the coming days.
“Expansion of fossil fuel production not in line with net zero” – CCC
Government advisors have accused ministers of lacking leadership on climate change and sending conflicting messages on fossil fuels.
Senior Tory almost quit party over fracking vote
The reviewer of the government’s net zero strategy said he nearly left the Conservatives following the chaotic vote on fracking last year.
Another call for earlier ban on flaring in oil and gas fields
Routine flaring on oil and gas fields should be banned by 2025, a review of the government’s net zero strategy has concluded.
CCC warns of climate risk to investment in fracking
The government’s climate advisor has warned about the risks of investing in fracking.
Climate campaigners disrupt Shell AGM
Disruption by climate campaigners today forced Shell to pause its first AGM since moving headquarters to London.
Cuadrilla spent $0.9m in six months on fracking strategies and licence admin
The shale gas company, Cuadrilla, spent $900,000 in six months last year mostly on strategies to lift the fracking moratorium and administer its UK licences, it emerged today.
Government’s net zero strategy a “genuine step forward” but gaps remain – CCC
The UK’s climate advisor has praised government plans to cut carbon emissions but called for detailed plans on how some ambitions would be achieved.
DRILL OR DROP? 