UK: North Sea licences and carbon capture projects boost energy security and the drive to net zero energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
The UK’s plan to issue new oil and gas licences will make a minimal impact on North Sea production levels – but it will dent the country's reputation as a climate leader
Offshore Energies UK said gas and oil production was indeed in long-term decline. However, the North Sea and other UK waters still contained enough gas and oil to support much of the nation’s needs during the three decades it will take to reach net zero.