oil and gas

The UK Government has announced that it will use planning reforms to cut approval times for new offshore wind farms from four years to one as part of its British Energy Security Strategy.

The Climate Change Committee (CCC) has written to energy secretary Kwasi Kwarteng explaining that the best way to reduce the UK’s future exposure to volatile oil and gas prices ‘is to cut fossil fuel consumption on the path to net zero’.

The UK Government has set out a ‘landmark’ North Sea Transition Deal with the oil and gas industry as it seeks to make sure that ‘high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low-carbon future’.