The falling value of the Gatwick Gusher
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
The gasfield near the Surrey village of Dunsfold could generate up to £124m for the operator, UK Oil & Gas plc, according to a report released today.
The public inquiry into plans to explore for gas in Surrey closed this morning with final arguments.
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.
Surrey County Council exaggerated the value of the landscape around a proposed site for gas exploration, the company behind the scheme has claimed.
Alba Minerals has downgraded the value of its investment in the Horse Hill oil field in Surrey by more than £1.43m.
A woman living near a proposed gas exploration site in Surrey is challenging the developer’s claims that it will support efforts to tackle climate change.
Ineos’s shale gas business has cut the value of its exploration assets to zero following the government moratorium on fracking in England.