Markets World Tech USA · World
Nikkei 225
65,039.16
+1,284.26   +2.01%
Live
Hang Seng
25,540.73
-343.70   -1.33%
Live
Shanghai
3,919.03
+109.36   +2.87%
Live
ASX 200
9,262.60
+285.80   +3.18%
Live
Nifty 50
24,538.90
+155.30   +0.64%
At close

Economy

North Sea oil industry urges Burnham to approve new drilling in UK waters

· The Guardian

North Sea oil industry urges Burnham to approve new drilling in UK waters

The UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to Andy Burnham’s reindustrialisation agenda just days before he is expected to become Britain’s next prime minister.

Industry lobbyists have written to more than 400 Labour MPs to call on the government’s new leaders to allow more oil and gas drilling in UK waters to support homegrown energy and show “a commitment to UK manufacturing, industrial capability and the skilled workforce that has powered the nation for generations”.

Continue reading...