A Conservative government would make North Sea oil and gas the “cornerstone” of the economy, Tory leader Kemi Badenoch has pledged, hitting out at Labour for treating the sector as a “relic of the ...

A new report said while emissions from oil and gas had fallen for the fifth year, investment is needed to meet targets for 2040 and 2050.

Mrs Badenoch is set to say: “Labour sees the North Sea as a relic of the past, we see it as a cornerstone of Britain’s future. By restoring common sense to energy policy, we will unlock billions in ...

Offshore Energies UK calls on government to replace Energy Profits Levy from 2026 in order to spur development across the North Sea industry ...