The plan to drill for oil near the Lincolnshire village of North Kelsey conflicts with the UK’s international commitments to tackle climate change, a leading scientist has warned.
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
DrillOrDrop’s review of the latest UK onshore production data for February 2023 reveals rising daily oil production but falls at the newest producing field at Wressle. Lower gas production at Saltfleetby contributed to falls in the UK onshore gas total.
Onshore oil production in the UK in 2022 slumped to the lowest level since 1989.
Keep up to date with March 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas. Click here for headlines from previous months. Please let us know if we’ve missed something important contact@DrillOrDrop.com Friday 31 March […]
The Australian mining group that owns Cuadrilla has cut the value of its UK shale gas assets by more than $157m following the reinstatement of the moratorium on fracking in England.
Routine flaring on oil and gas fields should be banned by 2025, a review of the government’s net zero strategy has concluded.
A cross-party committee of MPs has called for flaring on UK oil and gas fields to be banned in the next two years.
DrillOrDrop’s checklist of what to look out for in 2023 on UK onshore oil and gas
Government approval of $1.15bn financing for a liquified natural gas project in Mozambique will be challenged at the Court of Appeal this morning (Tuesday 5 December 2022).
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