The U.K. continues to stand by its oil and gas commitments even following this month’s G7 climate change conference in Cornwall, international pressure to move away from fossil fuels, and the ceasing of operations by other North Sea states. Energy minister Anne-Marie Trevelyan stated this week that the U.K will consider offering new offshore oil and gas licenses over the coming years. This comes after the country suspended new licenses in the North Sea in September last year due to pressure to strengthen its environmental policies. …
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