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Mmastodon EnvironmentEnergy first seen 10 h ago, last 6 h ago, peak #2

Oil giant warns UK risks becoming 'uninvestable'

Original: UK risks being 'uninvestable' if new oil and gas fields not approved, warns oil giant https://www.bbc.co.uk/news/article

A major oil company has warned that the UK risks becoming 'uninvestable' if the government does not approve new oil and gas fields. The claim puts pressure on ministers over North Sea licensing policy and the pace of the energy transition, and has drawn attention to the balance between energy security and climate commitments. Critics are likely to challenge the argument as self-interested from an industry facing windfall taxes and declining investment.

Why now: An oil major publicly threatening disinvestment over UK licensing decisions reignites debate on energy policy and climate targets

United Kingdomoil and gas industryNorth Sea

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API: https://socialmediatrends-api.osmike.com/v1/trends/1337297