Lancashire fracking: Cuadrilla pledges to repair ‘any damage’ to homes caused by tremor

A 2.9 magnitude tremor – the largest yet – was recorded at 8.30am on 26th August, following which operations were suspended at its Preston New Road site

OGA launches UK’s first national oil and gas data repository

It is expected to help unlock new investment and technology and more exploration activity

MPs concerned about North Sea oil and gas clean-up costs to taxpayers

The Public Accounts Committee is calling on BEIS to ensure taxpayers are protected from the risk of footing the bill

Renewable energy to power oil and gas rigs?

The Oil and Gas Authority has started ‘significant work’ on how it can support the low carbon energy transition

Government appoints new Oil and Gas Authority chair

Tim Eggar served as Energy Minister between 1992 and 1996

BP granted approval for new North Sea oil field

The Alligin development is targeting 20 million barrels of oil equivalent

OGA offers 123 new oil and gas licences

It has made a total of 26,659 square kilometres available, split into 229 blocks

Oil and gas output forecast rises to 11.7bn barrels by 2050

Oil and gas production up to 2050 is now projected to total 11.7 billion barrels of oil equivalent (boe). That’s according to new projections from the Oil and Gas Authority (OGA), which show this figure is 2.8 billion boe higher than the production volume outlined in the Wood Review. In 2017 production sat at its […]

UK to check fracking firms’ finances before approval

The UK Government is considering financial checks of companies proposing to carry out fracking before giving the go ahead for those projects. Energy Secretary Greg Clark said the financial resilience of firms should be carried out so stakeholders have confidence in their ability to meet commitments. Third Energy has therefore not received consent yet to frack […]

UK’s petroleum ‘could last 20 more years’

The UK’s remaining petroleum reserves could last for at least 20 more years. That’s according to a new report from the Oil and Gas Authority (OGA), which suggests they could last even longer if additional undeveloped resources, ranging between 10 to 20 billion barrels of oil equivalent (boe), can be matured. To date, a total […]