Union Jack Oil’s West Newton Project Boasts High Green Credentials

Union Jack Oil (GB:UJO) has released an update.

Union Jack Oil PLC has announced positive results from a Carbon Intensity Study on the West Newton gas development project, indicating an AA carbon intensity rating, which is significantly lower than the UK average. The study, conducted by GaffneyCline, suggests potential for further reduction in emissions as the project advances with the use of best available techniques and Gas-to-Grid technologies. The company emphasizes its commitment to aligning growth strategy with environmentally responsible practices and low-carbon economy transition.

For further insights into GB:UJO stock, check out TipRanks’ Stock Analysis page.