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Liz Truss, UK candidate for Conservative party leadership
UK Gas Fracking
Peter Ramsay
1 September 2022
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UK PM contender Truss backs North Sea and fracking

The favourite to be the country’s next leader backs domestic supply solutions

Liz Truss, the smart-money candidate to win the UK Conservative party’s leadership race and, with it, the prime minister’s job, has come out strongly in favour of championing domestic solutions to tackle the energy supply and price crunch. But the country’s energy industry may be more concerned about her lack of understanding of their business than excited by her promise of support. “My second priority is increasing the supply of energy to the UK,” Truss told a final hustings at the end of August. Her first is to support customers through reversing a tax increase and a temporary moratorium on environmental levies placed on energy bills. “We should have made decisions years ago about nuclear

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The spectre of a European gas price cap returns
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
Letter from London: The oil market should panic tomorrow
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
LPG in Africa: Big potential but big barriers
Opinion
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
Letter from Dubai: A safe haven under fire
Opinion
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy

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