London Daily

Focus on the big picture.
Monday, Feb 02, 2026

Britain imported more than half of gas and oil in the first quarter of 2021

Britain imported more than half of gas and oil in the first quarter of 2021

According to the Oil and Gas UK Annual Economic Report, between January and March 2021, 56% of the gas and oil required for homes and power plants came from abroad. This is due to a decrease in UK production and an increase in demand due to the pandemic.

As a result, Oil and Gas UK states that the UK is currently facing the choice of investing in the offshore industry to create a controlled green transition or relying on other countries for energy demand. ..

For this reason, several politicians are calling for action, including Lorna Slater, co-leader of the Scottish Green Party. In the report, she stressed that Britain should look to sustainable energy sources and told the Scottish Parliament that oil and gas need to be “phasically abolished.”

How the UK energy sector can change


For many, this report was a wake-up call for the current state of the UK energy sector. After all, it turns out that oil and gas supply almost three-quarters of Britain’s total energy last year.

When discussing the report, Oil and Gas UK CEO Deirdre Michie said: The report shows the reality of shutting down domestic oil and gas production and increasing reliance on other countries faster than mitigating demand risk. “

However, while the report reveals that £ 21 billion can be invested in exploration and production over the next five years, some believe that the shift to renewable resources should be focused on rather than domestic production.

Ms. Slater talks about Good Morning Scotland, saying, “We need to make sure we develop the potential for renewable energy. Fortunately, Scotland has great potential in this area.”

She added, “Oil and gas need to be phased out. The plan is to make a fair transition.”

How does this news affect consumers?


The Oil and Gas UK report is at a critical time for the UK energy sector. After all, the government is currently considering whether to give a go-ahead to the Sumburgh field off the Shetland Islands.

This is because the government is increasing pressure from climate change activists and is considering how the new oil fields will affect Scotland’s climate change law, which is said to be “world-leading.” Because. This includes the goal of reaching net zero emissions by 2045.

However, even with the progress of the Cambo program, Scotland and the UK as a whole could move to renewable resources in the coming years. In particular, the country has just set up a £ 450m fund for innovation in the green energy sector.

If you want to help the UK move to green energy in the next few years, you’ll be delighted to hear that switching to green energy rates can help. The easiest way to do this is to perform an online energy comparison. After providing some details about your home and your energy use, you will be shown all the best energy deals in your area from the best energy suppliers in the UK. You can then filter the results so that only green rates are displayed. These are tariffs in the following cases:

*  Part of the bill will be paid to a fund investing in either a renewable energy project (solar, hydro, wind farm, etc.) or a reforestation project.
*  Alternatively, the supplier matches the amount of energy you purchase from them with the equivalent amount of energy from renewable resources.

As an additional bonus, while making your comparison, you will find that many of these transactions save you money when compared to your current plans. So you can help save the earth and at the same time save some money.

Britain imported more than half of gas and oil in the first quarter of 2021

Newsletter

Related Articles

0:00
0:00
Close
Starmer Arrives in Shanghai to Promote British Trade and Investment
Harry Styles, Anthony Joshua and Premier League Stars Among UK’s Top Taxpayers
New Epstein Files Include Images of Former Prince Andrew Kneeling Over Unidentified Woman
Starmer Urges Former Prince Andrew to Testify Before US Congress About Epstein Ties
Starmer Extends Invitation to Japan’s Prime Minister After Strategic Tokyo Talks
Skupski and Harrison Clinch Australian Open Men’s Doubles Title in Melbourne
DOJ Unveils Millions of Epstein Files, Fueling Global Scrutiny of Elite Networks
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
China Lifts Sanctions on British MPs and Peers After Starmer Xi Talks in Beijing
Trump Nominates Kevin Warsh as Fed Chair to Reorient U.S. Monetary Policy Toward Pro-Growth Interest Rates
AstraZeneca Announces £11bn China Investment After Scaling Back UK Expansion Plans
Starmer and Xi Forge Warming UK-China Ties in Beijing Amid Strategic Reset
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
U.S. Signals Potential Decertification of Canadian Aircraft as Bilateral Tensions Escalate
Former South Korean First Lady Kim Keon Hee Sentenced to 20 Months for Bribery
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
China Executes 11 Members of the Ming Clan in Cross-Border Scam Case Linked to Myanmar’s Lawkai
Trump Administration Officials Held Talks With Group Advocating Alberta’s Independence
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
Shopping Chatbots Move From Advice to Checkout as Walmart Pushes Faster Than Amazon
Starmer Seeks Economic Gains From China Visit While Navigating US Diplomatic Sensitivities
Starmer Says China Visit Will Deliver Economic Benefits as He Prepares to Meet Xi Jinping
UK Prime Minister Starmer Arrives in China to Bolster Trade and Warn Firms of Strategic Opportunities
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
Amazon to Cut 16,000 Corporate Jobs After Earlier 14,000 Reduction, Citing Streamlining and AI Investment
Federal Reserve Holds Interest Rate at 3.75% as Powell Faces DOJ Criminal Investigation During 2026 Decision
Putin’s Four-Year Ukraine Invasion Cost: Russia’s Mass Casualty Attrition and the Donbas Security-Guarantee Tradeoff
Wall Street Bets on Strong US Growth and Currency Moves as Dollar Slips After Trump Comments
UK Prime Minister Traveled to China Using Temporary Phones and Laptops to Limit Espionage Risks
Google’s $68 Million Voice Assistant Settlement Exposes Incentives That Reward Over-Collection
Kim Kardashian Admits Faking Paparazzi Visit to Britney Spears for Fame in Early 2000s
UPS to Cut 30,000 More Jobs by 2026 Amid Shift to High-Margin Deliveries
France Plans to Replace Teams and Zoom Across Government With Homegrown Visio by 2027
Trump Removes Minneapolis Deportation Operation Commander After Fatal Shooting of Protester
Iran’s Elite Wealth Abroad and Sanctions Leakage: How Offshore Luxury Sustains Regime Resilience
U.S. Central Command Announces Regional Air Exercise as Iran Unveils Drone Carrier Footage
Four Arrested in Andhra Pradesh Over Alleged HIV-Contaminated Injection Attack on Doctor
Hot Drinks, Hidden Particles: How Disposable Cups Quietly Increase Microplastic Exposure
UK Banks Pledge £11 Billion Lending Package to Help Firms Expand Overseas
Suella Braverman Defects to Reform UK, Accusing Conservatives of Betrayal on Core Policies
Melania Trump Documentary Sees Limited Box Office Traction in UK Cinemas
Meta and EssilorLuxottica Ray-Ban Smart Glasses and the Non-Consensual Public Recording Economy
WhatsApp Develops New Meta AI Features to Enhance User Control
Germany Considers Gold Reserves Amidst Rising Tensions with the U.S.
Michael Schumacher Shows Significant Improvement in Health Status
Greenland’s NATO Stress Test: Coercion, Credibility, and the New Arctic Bargaining Game
Diego Garcia and the Chagos Dispute: When Decolonization Collides With Alliance Power
Trump Claims “Total” U.S. Access to Greenland as NATO Weighs Arctic Basing Rights and Deterrence
Air France and KLM Suspend Multiple Middle East Routes as Regional Tensions Disrupt Aviation
×