UK Oil & Gas plc (UKOG) has received approval on appeal to the Government for its Loxley gas and hydrogen feedstock project in Surrey. APPEAL The county council has twice refused the application on PEDL234, which led the company to appeal to the secretary of state for levelling up, housing and communities. In January 2022, […]
Day: 15 November 2024
Predator starts litigation over terminated CO2 EOR project
Predator Oil & Gas Holdings plc said it had started a litigation process over the £591,065 FRAM loan for its Inniss-Trinity carbon dioxide enhanced oil recovery (CO2 EOR) project in Trinidad. FRAM The company signed an agreement with FRAM Exploration Trinidad Ltd which is a wholly owned subsidiary of Challenger Energy Group plc. Predator added that […]
Borders mulls further fundraise
Borders & Southern Petroleum plc said it might need to raise additional funds before mid-2023 if it fails to find a farm-out partner for its oil and gas licences offshore Falkland Islands. FINANCES The company’s decision was included in its audited results for 12 months ended 31 December 2021, which showed its cash balance fell […]
i3 Energy publishes first annual ESG report
i3 Energy plc has published its first annual environment, social and governance (ESG) report for its oil and gas operations in the UK North Sea and Alberta, Canada. EMISSIONS A total of 82% of i3’s production is gas and natural gas liquids. i3 said it was committed to being net zero for Scope 1 and Scope […]