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U.K. Industry Chief Urges Approval of North Sea Oil Projects

Britain’s top business lobby group is urging the government to approve major North Sea oil projects and roll back windfall taxes to revive investment, protect jobs, and strengthen domestic energy supply.

The boss of Britain’s largest industry body has called on the government to green-light extraction from two major North Sea oil fields and slash the windfall tax on domestic oil production in a bid to revitalise the country’s ailing oil and gas indus… [3023 chars]

Source: OilPrice | Published: 2026-04-16T16:00:00Z

Credit: OilPrice

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