UK Snubs IEA Suggestion To Stop Oil Exploration ...Middle East

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UK Snubs IEA Suggestion To Stop Oil Exploration
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The UK has no plans to stop new oil exploration, Reuters has reported, citing the Department for Business, Energy and Industrial Strategy. That’s despite the recent IEA roadmap to net zero, in which the authority said all new oil exploration must cease now if the world is to become net zero by 2050. “We are working hard to drive down demand for fossil fuels, however there will continue to be ongoing demand for oil and gas,” the Department for Business, Energy and Industrial Strategy told Reuters. “We will not be cancelling…

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