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submitted 1 month ago by Emperor@feddit.uk to c/energy@feddit.uk

In an unusual move, the Energy Secretary – a committed opponent of oil and gas – has told regulators not to approve a new round of drilling that was slated for confirmation in the coming weeks.

It means companies have potentially wasted millions on preparing their bids, with experts warning legal action is likely.

The decision follows crisis meetings held this week between Miliband and his aides after questions were asked by journalists about outstanding drilling applications.

Applications were submitted by 76 oil and gas companies as part of the 33rd offshore oil and gas licensing round initiated by the last government in autumn 2023.

Bids for up to 35 areas of the North Sea were still awaiting a decision from the North Sea Transition Authority (NSTA) when the election was called.

In a statement late on Wednesday, Miliband's spokesman said: “We will not issue new licences to explore new fields, and will not revoke existing oil and gas licences. We will manage existing fields for the entirety of their lifespan.”

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[-] GiveOver@feddit.uk 6 points 1 month ago

The linked article seems to be arguing the opposite

The Telegraph reported on Thursday morning the Energy Secretary – a committed opponent of oil and gas – had told regulators not to approve a new round of drilling that was slated for confirmation in the coming weeks. The move would have seen Miliband overrule officials and experts warned legal action would be likely.
But the UK Government's Department for Energy Security and Net Zero has said the reports are untrue and no official decision has been made.

[-] Emperor@feddit.uk 5 points 1 month ago

They've updated the article since I posted it. Not sure what is going on there.

[-] GiveOver@feddit.uk 6 points 1 month ago

I guess we'll see how it pans out. Go Ed!

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this post was submitted on 11 Jul 2024
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