UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
The arguments at the centre of a landmark legal challenge to UK onshore oil production have secured a separate historic court win against the Norwegian government.
Opponents of gas exploration near the Surrey village of Dunsfold have been refused permission for a further appeal.
A company that wants to delay restoration of an oil well to explore using geothermal heat for tea growing has been accused of “clutching at tea leaves”.
A suspended oil site in West Sussex, where no work has been carried out for nearly six years, could supply geothermal heat for farming, including tea production, according to new plans.
DrillOrDrop’s checklist of what to look out for in 2024 on UK onshore oil and gas. You can also catch up with the headlines from 2023 in our review of the year.
The majority owner of the Horse Hill oil field in Surrey has announced an extension to the initial farm-in agreement with the Texas-focused PennPetro Energy.
Drilling for gas near the Surrey village of Dunsfold got the go ahead from a High Court judge this morning (Thursday 20 July 2023).
Oil extraction is to resume at the Avington field in the South Downs National Park after a break of more than five years.
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.
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