David Bramhill, Executive Chairman of Union Jack, commented: “The Proposed Farm-in to PEDL183 containing the material West Newton gas discovery represents a significant project technically and is compelling financially for

Oil prices have jumped to the highest level for nearly four years after Saudi Arabia and Russia ruled out any immediate increase in production. The decision on Sunday was effectively

Oil and gas drillers are on the verge of a worldwide spending spree not seen since 2013, teeing up a potential windfall for oilfield services companies, Morgan Stanley forecasts. The

Union Jack oil, David Bramhill, Executive Chairman, commented: “The addition of material interests in the Biscathorpe and Wressle projects during the period under review both materially enhance Union Jack’s oil

Britain’s government said on Tuesday that exiting the European Union without a deal after a March 2019 deadline will not change the operating environment for oil and gas businesses. “The

The oil and gas industry has a history of thousands of years. Refined petroleum has been used in one form or another. But over the last two centuries the use

Union Jack Oil plc (LON:UJO), a UK-focused onshore hydrocarbon production, development and exploration company has today announced that well-site construction will be completed during September 2018, followed by the drilling

Indonesia’s Ministry of Energy and Mineral Resources is now encouraging industry to adopt hydrocarbon-based technology due to its energy efficiency, locally sourced resources and manufacturing, and GHG emission reduction contribution.

Union Jack Oil plc (LON: UJO), a UK-focused onshore hydrocarbon production, development and exploration company noted the announcement released this morning by Europa Oil & Gas  plc, in respect of

The latest planning application for oil production at the Wressle site near Scunthorpe overcomes the objections raised by a government planning inspector, Egdon Resources has said. The company has submitted