Reaction to oil and gas plans in King’s Speech
The government’s much trailed plan to require annual oil and gas licensing rounds for the North Sea was included in the King’s Speech today.
The government’s much trailed plan to require annual oil and gas licensing rounds for the North Sea was included in the King’s Speech today.
UK electricity will be 95% low carbon by 2030, with a “major acceleration of homegrown power”, the government announced tonight.
The short answer is not many companies sank wells anywhere onshore in 2015. The number of oil and gas wells drilled in the UK in 2015 was the lowest for almost 40 years.