• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 4 hours The United States produced more crude oil than any nation, at any time.
  • 1 day China deletes leaked stats showing plunging birth rate for 2023
  • 7 hours The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 5 days Bad news for e-cars keeps coming
Texas is Leading U.S. GDP Growth, Fueled by Oil and Energy

Texas is Leading U.S. GDP Growth, Fueled by Oil and Energy

The Southwest and Southeast outpaced…

China's Oil Demand Threatened by LNG Trucks

China's Oil Demand Threatened by LNG Trucks

The boom in LNG trucking…

The UK Awards 27 New North Sea Oil And Gas Licenses

The North Sea Transition Authority (NSTA), the oil and gas industry regulator, awarded on Monday 27 new licenses in the first batch of the latest licensing rounds, awarding areas with the potential to go into production more quickly than others.

The UK launched the 33rd Oil and Gas Licensing Round in October last year, with 931 blocks and part-blocks made available for application. NSTA has received 115 applications from 76 companies for 258 blocks or part blocks.

Subject to additional environmental checks, more blocks will be offered, the regulator said.

“It’s common sense to reduce our reliance on foreign imports and use our own supply – it’s better for our economy, the environment and our energy security,” Energy Security Secretary Claire Coutinho said, commenting on the awards, which have stirred controversy in the UK and have been challenged by environmentalists in court.

Earlier this month, London’s High Court dismissed a legal challenge by environmental groups that attacked the UK’s new licenses for oil and gas production in court, claiming the government hasn’t properly reviewed the emissions from burning the fossil fuels.

The two climate campaign groups, Greenpeace and Uplift, have challenged the UK government’s decision to award new oil and gas licenses in the North Sea, claiming the cabinet failed to properly check “the damage it will do to the climate.”

Justice David Holgate of the High Court dismissed the environmentalists’ claims for judicial review, writing in the ruling that the government’s decision not to take the emissions from burning of the end products into account was lawful and not irrational.  

“There was no internal inconsistency between the approach taken by the Secretary of State to whether end-use emissions should be assessed as a likely significant effect of the Plan and his comparison of reasonable alternatives,” Justice Holgate wrote.


UK Prime Minister Rishi Sunak reiterated in July that hundreds of new oil and gas licenses would be granted, “as the UK Government continues to back the North Sea oil and gas industry as part of a drive to make Britain more energy independent.”   

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News