UK says will issue ‘hundreds’ of new oil, gas licences in North Sea
The UK government said Monday it would issue “hundreds” of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050.
“Investment in the North Sea will continue to unlock new projects, protect jobs, reduce emissions and boost UK energy independence,” Prime Minister Rishi Sunak’s office said in a statement.
