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Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline in the north sea no matter what the Government Policy is it simply because there is not as much gas and oil as 50 years ago when we started extracting. What is left in the north sea is mostly oil. This is mostly exported, so there is little benefit to our bills from more extraction and in a cost of living crisis bills are a strong priority for the public. It is a strange decision ....
as the difficult post covid recovery continues to weigh on demand. so that s the picture on the factory floor when it comes to what consumers are facing when buying goods and services the consumer price index was unchanged year on year, compared with a slight gain in may, the slowest pace since february 2021. the us treasury secretary janet yellen has just left beijing following a four day visit in an attempt to bridge us china trade relations. she told reporters just before leaving china that despite significant disagreements, the relationship between both countries was moving towards a surer footing. my my purpose is to make sure that we do not engage in a series of unintended escalatory actions. that will be harmful to our overall economic relationship. with one another. and we have had very little contact, both senior officials and also just the american people and the chinese people, have had very little contact with one another over the last several years. in ....
look at what it is like to take over a long running family business. time now to get down to business. we begin with energy. it will be clean and safe and power 1.8 million homes in the north of england and the midlands. that is the plan presented by the uk government and the netherlands who have announced the world s largest multiuse electricity powerline built under the north sea. the will connect the uk in the netherlands with offshore wind farms providing energy to britain aiming to reduce household bills. this announcement comes at the start of the second north sea summit which kicks off today in belgium, the founding countries are belgium, denmark and the netherlands will be joined by france, uk ireland norway and luxembourg and the largest ever coalition around energy in the northeast off let s talk to jess ralston head of energy at the energy and climate intelligence unit. first of all, uk government is saying it s the s largest of its kind, powerline is delive ....
the long-term issues we have on energy swam- the long-term issues we have on energy supply. the long-term issues we have on ener: su l. , ., energy supply. few bells continue to no energy supply. few bells continue to .o u . energy supply. few bells continue to no u- and energy supply. few bells continue to 90 up and the energy supply. few bells continue to go up and the labour energy supply. few bells continue to go up and the labour party - energy supply. few bells continue to go up and the labour party says - energy supply. few bells continue to go up and the labour party says the | go up and the labour party says the conservatives are out of ideas about what to do about it, regardless of who is prime minister. fitter what to do about it, regardless of who is prime minister. who is prime minister. after 12 ears of who is prime minister. after 12 years of tory who is prime minister. after 12 years of tory government, - who is prime minister. after 12| years o ....
The British Government has given Energy Companies the green light to develop one of the largest untapped Oil And Gas Fields in uk waters. Rosebank lies in the north sea, about 80 miles west of shetland. Experts say it contains up to 350 Million Barrels of oil. Production could start in 2026, with extraction continuing until at least 2030. Its thought that around 69,000 barrels of oil could be produced every day. That would equate to about 8 of the uks total output. And there would also be natural gas, with about 44 million cubic feet produced per day during the projects lifetime. The Energy SecretaryClare Coutinho said. But there has already ....