Reported 2 days ago
A report from the North Sea Transition Authority reveals the discovery of an additional 1.1 billion barrels of oil and gas in the North Sea, increasing previous estimates to 15.8 billion barrels. This finding could intensify the controversy surrounding former Energy Secretary Ed Miliband's ban on new drilling, as energy companies warn that current policies could drive investment and jobs away from the region. The report indicates the potential for significant oil reserves that could sustain the UK’s energy needs.
Source: YAHOO