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Climate activists and green groups argue that more oil and gas production will not improve UK energy security.
The UK's Oil and Gas Authority has received 115 applications for the 33rd licensing round, highlighting the demand for energy security. Despite concerns from green groups, Prime Minister Rishi Sunak confirmed this season's round, emphasizing the potential for quick production in awarded areas. The government's focus on domestic production for energy security has faced criticism, with experts suggesting that energy efficiency and electrification of heat are more effective in reducing reliance on volatile gas prices.
A further 27 North Sea licence awards were announced today as PM Rishi Sunak’s retreat from the climate goals championed by his predecessors continued....
NSTA has awarded 27 licenses in areas with the potential to go into production more quickly than others to bolster Britain’s energy security.
The UK on Monday offered 27 new licenses in North Sea areas with the potential to go into production more quickly than others…