Ministers rebuff trade body’s call to boost North Sea oil and gas production

Ministers rebuff trade body’s call to boost North Sea oil and gas production

Government emphasises need to ‘get off the rollercoaster of fossil fuel markets’ in response to Offshore Energies UK The UK government has dismissed a warning from an energy trade body that failing to produce more homegrown North Sea oil and gas will leave the UK increasingly reliant on imports at a time of rising global instability. The industry group, Offshore Energies UK, has said the UK “urgently” needs a greater supply of domestically produced energy or consumers will be left “more exposed to global volatility and higher emissions”. Continue reading...