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LONDON DAILY ARCHIVE

UK Labour Government to Block New North Sea Oil and Gas Projects

The Labour government plans to block new oil and gas projects in the North Sea, as they believe it will not reduce energy bills.

31 May 2023 · 03:27 UTC

They aim to invest in renewable energy sources to create more jobs and sustainable sources of energy supply.

The Scottish government has previously expressed support for a prescription against new oil and gas exploration, but the UK government, led by Rishi Sunak, has backed new exploration.

Labour sources claim that new licenses for oil and gas in the North Sea will not reduce bills and will undermine energy security and climate targets.

The party aims to continue managing existing oil and gas fields sustainably while transitioning to clean energy sources.