Signs suggest a positive week for oil prices

Union Jack Oil plc has won its appeal before the Planning Inspectorate against the refusal of planning permission by the Lincolnshire County Council for a side-track drilling operation, associated testing and long-term oil production at the

Oil prices edged up on Monday as the US Dollar slipped and supply concerns mounted over the Biden Administration slamming Iranian oil with tighter sanctions in light of the Islamic Republic’s alleged involvement in the surprise

Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil supplies and ahead of an expected US Federal Reserve announcement that could provide clues about future interest rates.

Oil prices rose in early Asian trade on Tuesday ahead of global central bank meetings and as tensions in the Middle East remained high. Brent crude futures LCOc1 rose 46 cents, or 0.53%, to $87.91 a barrel by

The workover of the well at the UK’s newest producing onshore oilfield has been “successfully concluded”, one of the partners reported today. Union Jack Oil said in a statement that a new surface Triplex pump had been installed

Oil prices extended gains on Friday and were on track to rise for a second week on heightened fears that the Israel-Gaza crisis may spread in the Middle East and disrupt supply from one of the

Oil prices climbed about 2 per cent to a two-week high on Wednesday, October 18, on a bigger-than-expected US storage draw and as rising tensions in the Middle East threaten to disrupt oil supplies from the

Oil prices surged more than 2% on Monday as military clashes between Israel and the Palestinian Islamist group Hamas ignited fears of a wider conflict in the Middle East. Brent crude was up $2.28, or 2.7%,

In a statement, Union Jack Oil plc announced that the Environment Agency had issued a permit variation for the West Newton-B well site in Holderness. The variation will allow the use of oil-based fluids during drilling and

United Kingdom-focused Union Jack Oil plc has acquired a 3.22 percent interest in Beacon Energy plc. Beacon is a full-cycle oil and gas company with a portfolio of production, development, appraisal, and exploration onshore Germany through

Union Jack Oil has purchased its first international interest with a 3.22% stake in onshore Germany-focused oil and gas company Beacon Energy plc. The purchase is equivalent to 439 million shares in the production, development, appraisal

AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has acquired a disclosable interest in Beacon Energy. Beacon is a full cycle oil and gas company with a portfolio of production, development, appraisal

Union Jack Oil plc announced that it has acquired a 3.22% stake in Beacon Energy plc, a full cycle oil and gas company with a portfolio of onshore German assets. The deal, which was completed following