There is a future for more domestic UK oil and gas supply, and Britain will continue to grant new licenses for oil and gas development projects in the North Sea, the UK’s Energy Minister Greg Hands said at an online energy conference on Tuesday. “We need continued investment into the North Sea,” Hands said, as carried by Reuters.
Despite the net-zero pledge, the current UK government continues to see the UK North Sea oil and gas industry as vital to energy security. Earlier this month, UK Prime Minister Boris Johnson said that…North Sea Oil And Gas Investment Is Vital For UK Energy Security
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