UK Scraps Annual North Sea Oil and Gas Licensing Rounds
In a landmark environmental decision, the UK government has halted its routine North Sea oil and gas licensing, signalling a major shift towards renewable energy and net-zero commitments.
In a landmark environmental decision, the UK government has halted its routine North Sea oil and gas licensing, signalling a major shift towards renewable energy and net-zero commitments.
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UK Chancellor Rachel Reeves has announced an end to new oil and gas exploration licences in the North Sea during a speech in Aberdeen, marking a major shift in energy policy towards renewables and net zero targets.
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Business Secretary Kemi Badenoch delivers a powerful defence of new North Sea oil and gas licences, arguing they are vital for UK energy security, jobs, and a pragmatic transition to Net Zero, putting her at odds with some climate campaigners.
Cabinet Minister Kemi Badenoch has launched a stunning attack on the Labour Party's plan to ban new North Sea oil and gas licences, branding it an economic own goal that prioritises 'virtue signalling' over energy security and British jobs.
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