Published: August 3rd, 2023,
Last updated: May 27th, 2025
British Prime Minister Rishi Sunak has announced plans to grant more than 100 new licenses for oil and gas exploration in the North Sea, The Guardian reports. Sunak also plans to allow drilling for the UK’s largest previously untapped reserves in the Rosebank field, containing 500 million barrels of oil. The prime minister reportedly wants to ‘max out’ domestic oil and gas reserves.