Illustration - Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
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As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

Exploration & Production

After the Labour Party’s plans to put a stop to new oil and gas exploration in the UK waters came to light, they sparked not only outrage over potentially exposing the UK to more costly imports but also the zest to end all future licensing for fossil fuels projects. While most agree that investing more in low-carbon and renewable sources will boost the country’s energy security and propel it towards net-zero, many feel this should be a gradual shift in investment rather than casting new oil and gas developments aside right away.

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