UK jobs and companies would “pay the price” if ministers agreed a ban on new North Sea exploration, according to a senior industry source.
Department for Business
The UK’s leading oil and gas industry trade body has said any potential ban on new exploration in the North Sea would put the country’s net zero future at risk.
Former UK energy minister Claire O’Neill has slammed the government’s “cavalier attitude” and in-fighting in the lead up to the COP26 climate summit in Glasgow.
The Department for Business, Energy and Industrial Strategy (BEIS) has announced that there is a share of £4million available for a series of feasibility studies for nuclear reactor designs.
Figures released today indicate Scotland continues to set the agenda for renewable energy electricity production in the UK.
Oil and gas production in the UK rose while the proportion of electricity produced by renewables in Scotland have hit an all time high, new figures show.
As we launch the 29th Offshore Licensing Round today, it also marks the launch of the ‘Innovate Licence’ which has been developed by the MERUK exploration board working in collaboration with the Oil and Gas Authority (OGA), the Department for Business, Energy and Industrial Strategy (BEIS) and an industry task group represented by a range of companies
The boss of the oil and gas trade body has called for “joined up thinking” between Holyrood and Westminster as the appointment of a new energy minister is awaited.