north-sea-oil
5 stories related to this topic, newest first.
oneindia.comCabinet Ministers Urge More North Sea Oil Licenses
Several cabinet ministers have pressed Keir Starmer to issue additional North Sea drilling licences, citing public polling that shows voters favour cheaper energy over net-zero targets. The ministers argue the current policy gives the impression the government does not care about…
The IndependentUK Government Weighs Climate Argument in North Sea Oil Debate
The UK government has focused on energy security and economic arguments when defending its policy against new North Sea drilling licenses. A climate-based case is now being presented as the stronger position for winning the debate.
financialpost.comEnergy Executives Urge UK Government to Prioritize North Sea Oil Production
Energy executives called for greater domestic oil and gas output after emergency talks with Offshore Energies UK. The meeting followed government measures allowing limited imports of Russian refined fuels under temporary licenses.
redpepper.org.ukUK Government Introduces Bill to Ban New North Sea Oil and Gas Licences
The King announced the Energy Independence Bill at the state opening of Parliament, which will make it illegal to grant new exploration licences. The move fulfills a Labour Party pledge from its 2024 manifesto to turn Britain into a clean energy superpower by 2030. Opposition par…
Substrate placeholder — needs reviewPhysical Brent Oil Market Shows Strength Despite Dated Brent Price Decline
The physical Brent oil market continues to exhibit strength, with premiums for prompt deliveries exceeding $20 above Dated Brent. Dated Brent reached an all-time high on Tuesday before falling by approximately $15. This situation highlights differences between physical and dated…