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Bleak times for UK North Sea
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
The death knell for UK energy security
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
Can the UK take its foot off the gas?
While the government might complain about the vicissitudes of the international gas market, the UK's transition away from the fuel is fraught with challenges
Hydrocarbon Processing Refining Databook 2025: Europe, Russia & CIS
EU net-zero polices have shifted refining investment among member states, while across the region countries and companies continue to adjust to changes in trade flows caused by the war in Ukraine
Outlook 2025: UK offers upstream opportunity as transition and policy evolve
The importance of the oil and gas sector to the UK and the value of its assets mean 2025 could offer new opportunities and a recovery in activity
Ian Blackford, SNP leader in the UK parliament
Scotland UK Shell North Sea
Peter Ramsay
25 March 2022
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SNP rows back on North Sea drilling opposition

Scotland’s largest political party recognises that the Ukraine crisis has changed the game

The Scottish National Party (SNP) is retreating from its opposition to the UK government’s granting of licences for new oil and developments in the North Sea—most of them in Scottish waters—as the renewed focus on energy security continues to alter the political debate across Europe. The party had previously called for no more permits to be issued.     “If there is a real desire across Europe—which there is at this moment in time—to rid itself of oil from Russia under Putin, then we need to be cognisant of those needs,” the SNP’s Westminster energy spokesman, Stephen Flynn, told state broadcaster the BBC in response to information passed to it that the UK government may fast-track as many as

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