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.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Officials have supported plans for more drilling and oil production at a mothballed site in rural Dorset.
Investors in UK Oil & Gas plc have approved two resolutions aimed at raising money for the company’s hydrogen storage and production plans.
The oil company at the centre of a landmark legal ruling on climate emissions has again delayed the publication of its annual report and accounts.
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
UK Oil & Gas has delayed publication of its interim accounts.
The Horse Hill well pad in Surrey still has no final date for site clearance, a year after the Supreme Court quashed its planning permission, officials have confirmed.
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
Alba Mineral Resources has cut by 94% the value of its stake in Horse Hill – the Surrey oil site at the centre of last year’s landmark Supreme Court judgement.
Council officials have taken action against the operator and owner of a West Sussex dormant oil site over clean-up delays.