London Daily

Focus on the big picture.
Saturday, Apr 04, 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
Prince Harry and Meghan’s Australia Visit Set to Draw Heightened Global Attention
UK Considers Entry Fees for Overseas Visitors at Major Museums Ahead of 2026 Travel Season
UK Prime Minister and Kuwait Crown Prince Coordinate Security Response After Regional Escalation
Calls Grow to Expand Fully Paid Maternity Leave for UK Teachers Amid Workforce Pressures
UK Secures Tariff-Free Access to US Market in Landmark Pharmaceuticals Agreement
Trump Projects Strength in Critique of UK Leadership and Naval Readiness
UK FinTech Setback as VibePay and Smartlayer Cease Operations Amid Funding Pressures
UK Leads Global Coalition of Over Forty Nations to Address Strait of Hormuz Crisis
UK Firms Urged to Accelerate Preparation as New Sustainability Reporting Rules Take Shape
UK Moves Rapid Sentry Air Defence System to Kuwait After Drone Strike Escalation
Transatlantic Relations Tested as UK Seeks Balance While Trump Reshapes Strategic Approach
Trump’s Strategic Pressure on UK Seen as Push for Stronger Alignment and Fairer Terms
UK Focuses on Trade Finance to Secure Critical Materials for Defence and Energy Sectors
Majority of UK Businesses Hit by Middle East Conflict While Confidence Holds Firm
UK Royal Navy Faces Renewed Scrutiny as Debate Intensifies Over Capability and Readiness
Reform UK Faces Mounting Distractions as Policy Agenda Struggles to Gain Traction
Investigation Launched Into Northern Cyprus IVF Clinics After UK Families Receive Incorrect Sperm
International Meeting Issues Unified Call to Safeguard Navigation Through Strait of Hormuz
Potential Strait of Hormuz Closure Raises Concerns Over UK Food and Medicine Supply Chains
UK Leads Coalition of Over Forty Nations Urging Iran to Reopen Strait of Hormuz
UK Secures Tariff-Free Access for Medicines in Landmark US Pharma Trade Agreement
King Charles III Invited to Address Joint Session of U.S. Congress in Rare Diplomatic Honor
Debate Grows Over Whether Expanded North Sea Drilling Can Reduce UK Energy Bills
UK Faces Heightened Risk of Jet Fuel Shortages, Airline Chief Warns
UK Ends Police Investigations into Lawful Social Media Posts After Review Finds Overreach
Abramovich Moves to Establish Charity for Frozen Chelsea Sale Proceeds Amid UK Dispute
Starmer Reaffirms NATO Commitment While Responding to Trump’s Strategic Critique
UK Aid Reductions Raise Fears of Severe Human Impact Across Parts of Africa
UK Signals Renewed Push for EU Cooperation as Iran Conflict Reshapes Security Landscape
Bank of England Signals Caution as Bailey Advises Markets Against Expecting Rate Hikes
UK to Convene Global Coalition to Restore Shipping Through Strait of Hormuz
Trump Signals Possible NATO Reassessment, Emphasizes Stronger U.S. Strategic Autonomy
Australia Joins British-Led Efforts to Reopen Strait of Hormuz Amid Escalating Tensions
King Charles Plans US State Visit as UK Strengthens Ties with Trump Leadership
UK Regulator Launches Investigation Into Microsoft’s Business Software Practices
Kanye West Set for High-Profile Return to UK Stage at Wireless Festival
Trump Presses Europe to Strengthen Commitment as Iran Conflict Escalates
UK to Deploy Additional Troops to Middle East Amid Rising Regional Tensions
UK Authorities Face Claims of Heavy-Handed Measures in Monitoring Released Pro-Palestine Activists
Trump Calls on UK to Secure Its Own Energy as Iran Conflict Intensifies
Nigel Farage Declines Invitation to UK Conservative Conference Led by Liz Truss
Trump Warns Allies to Take Responsibility as Rift Deepens with UK and France Over Iran Conflict
How Britain’s Prime Minister Controls U.S. Bomber Access in Escalating Iran Conflict
Trump Urges Allies to Secure Their Own Oil Supplies as Hormuz Crisis Disrupts Global Energy
Russia Expels British Diplomat as UK Pushes Back Against Pressure
White House App Faces Scrutiny After Claims of Continuous User Location Tracking
BBC Faces Scrutiny Over Allegations of Paid Content Linked to Saudi Arabia
UK-France Coastal Patrol Agreement Nears Breakdown Amid Migration Pressures
UK Police Detain Pro-Palestine Activist Again Weeks After Bail Release
FTSE 100 Advances as Energy and Mining Shares Gain Amid Middle East Tensions
×