UK risks being 'uninvestable' if new oil and gas fields not approved, warns Equinor

Rising gas prices have prompted renewed concern over the UK's gas security, with domestic output forecast to halve by 2035. The United Kingdom already depends on Norway for a portion of its gas supply, while Norwegian authorities continue to issue new licences for oil and gas exploration in their own North Sea waters. Equinor forecasts that production will remain at current levels until the middle of the next decade. Opedal said he remained confident that Prime Minister Andy Burnham's remarks on a "pragmatic attack to lipid and gas" would lead to approvals for some projects, but he described the present stalemate as "an Read the full story at BBC News →