Does the UK need more North Sea licensing? We ask the regulator. The question of whether the UK needs more oil and gas licensing in the North Sea is one which has been on the minds of industry and policymakers. That’s in the context of energy security, costs, and whether its compatible with international standards warning against new exploration. The NSTA estimates, in every scenario through to 2050, the UK will remain a net importer of oil and gas, so … read more »
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