RE: there she blows!!22 Feb 2022 09:33
Sentiment Changing?
LONDON, Feb 22 (Reuters) - Britain sees a "good, solid"
future for the North Sea's oil and gas industry and will issue
new licences to expand output in the future, Energy Minister
Greg Hands said on Tuesday.
"We need continued investment into the North Sea," Hands
told the International Energy Week online conference.
The British government will hold new licencing rounds to
explore for more oil and gas resources and ensure that they are
"compatible" with the country's climate obligations to cut
greenhouse gas emissions, he said.
"All these things point towards a good, solid future for oil
and gas," Hands said.