London-listed Reabold Resources said today that new drilling operations “further suggested” the West Newton field in east Yorkshire is the largest UK onshore oil and gas discovery since the 1970s.
A woman has begun a High Court fight over oil drilling near Gatwick and raised concern about the impact of greenhouse gas.
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Union Jack Oil has increased its stake in the Biscathorpe onshore prospect after receiving approval from the Oil and gas Authority (OGA).
The resources of a major onshore oil find have been upgraded, with analysts saying it could become the “largest” of its kind in the UK.
A leading oil economist has warned that global production cuts agreed to by the Opec cartel and 11 other countries including Russia may not be enough to overcome the rise of US shale.
Baker Hughes said it expects revenue from its onshore business in North America to increase in the first half of the year as customers ramp up drilling activity and pricing improves.
Circle Oil said it has completed gas pipeline repairs onshore Morocco.
The UK is set to miss targets for sourcing energy from renewables by the end of the decade, MPs have warned.
SDX Energy has completed its seismic acquisition programme in the Nile Delta.
Union Jack Oil said it has acquired a further 8.33% economic interest in an onshore asset in Lincolnshire.
Croatia has signed contracts with a local firm and one Canadian company that had been awarded onshore oil and gas exploration blocks in the north and east of the country.
Renewable energy generation capacity expanded last year by 8.3% to 1,985gigawatts globally.
Doubling the share of renewables in the global energy mix by 2030 is feasible, but only with concerted action to jump-start their use in transport, building and industry. Bioenergy is seen as being a critical component to achieving this objective. And if it is, then the sector could “sustain 24.4million jobs worldwide” just 15 years from now.
The New Zealand government has put more than 500,000 square kilometres of onshore and offshore acreage up for offer.
Statoil confirmed it was on the hunt for renewables firm to invest in.
A “barmy army” of “Nimby” Tory MPs will stand in the way of even the most appropriate applications for new onshore windfarms, a Labour MP has warned.
Sound Energy has signed a binding agreement with Oil & Gas Investment Fund (OGIF) to allow the company to acquire a 55% interest in the Meridja permit, onshore Morocco.
UK Oil & Gas tripled its resource base overnight after Xodus pegged its Arreton prospects to contain 219 million barrels.
Transerv Energy said four days of work was lost at its Warro-6 well after a metal object was accidently dropped down the hole.
Union Jack Oil has commenced the drilling operations for its onshore Keddington-5 development well.
BHP Billiton said it expects to be hit with an impairment charge of $4.9billion post-tax against the carrying value of its onshore US assets. The company said the charge will be recognised as an exceptional item in the financial results for the half year ended December 31, 2015.
Oil major Chevron and PetroChina started production from an onshore gas field at the end of 2015 after years of delays. The Luojiazhai field has an annual production capacity of three billion cubic metres of gas.
Bowleven said it has now wrapped up an extended flow testing programme at Moambe and Zingana. The Africa focused oil and gas explorer said the results continue to support plans for around five to six mmscfd of gas for power generation under a development scheme with Actis and Eneo in Cameroon.
The Government has been accused of “irrational” curbs to renewables subsidies after official projections revealed lower than expected energy bills by 2020. Ministers have said cuts to support for technology such as onshore wind and solar are necessary to prevent rising costs to consumers and to curb the projected overspend on the £7.6 billion budget by 2020 for a raft of green measures paid for on bills. But emails obtained by climate change analysis website Carbon Brief under Freedom of Information rules reveal Government projections which show that, while the overspend will add £12 to average household bills by 2020, overall bills would be £97 lower.