Ascent Resources plc’s has revised its preliminary damages claim to more than €500 million [£422m] over oil and gas interests against the Republic of Slovenia. PETIŠOVCI The figure is included in the formal submission by the company and its subsidiary Ascent Slovenia Ltd, referred to as the investors, of their dispute with Slovenia to arbitration. […]
Day: 15 November 2024
UKOG could face further appeal against Horse Hill
UK Oil & Gas plc (UKOG) said it could face an appeal in the Supreme Court against the company’s grant for oil production at Horse Hill near Gatwick in Surrey. HEARING The company added that it would “strongly contest” any further action against its interests which total 85.635%. Alba Mineral Resources plc holds an 11.765% […]