Free Trial

UK Government to Release North Sea Exploration Licenses

OIL

In a bid to boost domestic oil and gas production the UK is set to announce ‘dozens’ of new North Sea exploration licenses according to Reuters.

  • The exact number of licenses is still to be determined. Britain’s last offshore licencing round was in 2020.
  • The UK’s new Prime Minister is being set with the early task of how to deal with the UK’s energy crisis, the main part of which surrounds how to keep a cap on business and domestic energy prices.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.