Saturday, 7 November 2026

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Business

Company behind failed Surrey oilfield project sells site at massive loss

New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024After years of trying to dig for oil in Surrey, the company behind the drilling project that was turned down in a landmark supreme court ruling has sold off the site for a fraction of the money it spent on it, and…

New owners apply for permission to extract oil in Horse Hill despite landmark ruling from supreme court in 2024After years of trying to dig for oil in Surrey, the company behind the drilling project that was turned down in a landmark supreme court ruling has sold off the site for a fraction of the money it spent on it, and…

Read the full story on Business | The Guardian

Read the full story on Business | The Guardian

Source: Business | The Guardian

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