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The oil and gas industry in the United Kingdom produced 1.42 million BOE per day [4] in 2014, of which 59% [4] was oil/liquids. In 2013 the UK consumed 1.508 million barrels per day (bpd) of oil and 2.735 trillion cubic feet (tcf) of gas, [5] so is now an importer of hydrocarbons having been a significant exporter in the 1980s and 1990s.
Offshore Energies UK (OEUK), formerly known as Oil and Gas UK (OGUK), is a trade association for the United Kingdom offshore energies industry. [1] The current Chief Executive is David Whitehouse. History
UK Oil and Gas PLC (AIM: UKOG) is a UK-based oil and gas exploration and production company. The company is listed on the London Stock Exchange in the Alternative Investment Market (UKOG.L). Company history
UK Oil and Gas PLC (UKOG) cited higher storage capacity and cost-savings of £450m as driving factors. The new plans are for 24 salt caverns drilled 1.3km underground, which the company said could ...
The UK Government revealed plans to mandate oil and gas licensing in the North Sea in a bid to reduce dependency on “hostile foreign regimes”, it will be announced in the King’s Speech.
Oil and Gas UK estimated that 73% of the UK’s energy is still supplied by oil and gas.
The Scotland Act 2016 devolved oil and gas licensing powers to the Scottish Government with effect from 9 February 2018. [3] In addition, the Office of Unconventional Gas and Oil (OUGO), is a UK Government office that promotes the safe, responsible and environmentally sound recovery of the UK's unconventional reserves of gas and oil. [4]
Plans for the new site were given the green light on January 19 by the Oil and Gas Authority – two months after Glasgow hosted Cop26. Newly-approved oil and gas field sparks outcry from green groups