Officials back Isle of Wight oil drilling at Arreton – “economic benefits outweigh environmental harm”
Proposals to explore for oil on farmland on the Isle of Wight have been supported by council planners despite potential environmental harm.
Two sides disagree on benefits of Arreton oil drilling plans
Oil exploration plans on the Isle of Wight would “make the best use” of mineral resources in the transition to a low carbon future, the company behind the proposals has said. But local campaigners have disputed the arguments and said they should be rejected.
August 2021 headlines
Keep up with August 2021’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
“Disappointing” pause on UKOG’s Turkish well
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
UKOG drilling plans would be “outlandish” in a sensitive landscape, inquiry told
Proposals to explore for gas near a Surrey village would harm the beauty, tranquillity and openness of the surrounding landscape, an inquiry heard this afternoon.
Council accused of “exaggeration” and “after-thought” at Dunsfold drilling inquiry
Surrey County Council exaggerated the value of the landscape around a proposed site for gas exploration, the company behind the scheme has claimed.
Isle of Wight MP opposes UKOG’s permit application for Arreton
A company’s bid to drill for oil on the Isle of Wight has been opposed again by the local MP.
Shares fall on news of UKOG £5m placing
UK Oil & Gas has announced it has raised £5m in a placing, prompting a sharp fall in the share price.
Views sought on UKOG oil drilling plans on Isle of Wight
A public consultation opened today on the environmental impact of plans to revive oil exploration on the Isle of Wight.
UKOG issues 262m shares to complete Horse Hill equipment purchase
UK Oil &Gas has issued more than 262 million shares to pay the final instalment of the cost of surface production equipment at its Horse Hill oil site in Surrey.
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