Tuesday, 21 July 2026 · World
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EUROS The World Financial Report
Nº 10 Tuesday, 21 July 2026 · World Edition
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Commodities

New UK Prime Minister Set to Back North Sea Oil and Gas Projects

Oilprice.com · 13h ago
New UK Prime Minister Set to Back North Sea Oil and Gas Projects

Incoming prime minister Andy Burnham is set to announce new drilling for oil and gas in the North Sea within days of taking office as part of a policy blitz, according to reports. Burnham’s team has asked the civil service to draw up plans to approve drilling projects at the Jackdaw gas field and Rosebank oil field off the coast of Scotland, alongside an expansion of ‘tie-backs’ which allow further drilling near existing fields, Bloomberg reported. The fields are owned and operated by Adura, a joint venture launched by energy…

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