As part of efforts from the UK government to lift domestic production to help combat the country's energy crisis.
Info comes via Reuters, citing unnamed sources.
ADVERTISEMENT - CONTINUE READING BELOW
Search investingLive
Directory
UK to grant 'dozens' of new North Sea oil and gas exploration licences
ADVERTISEMENT - CONTINUE READING BELOW
- Tags
- Oil
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Trump calls on DOJ to look into oil companies for not dropping prices at the pump
- Qatar says LNG production to resume within a few weeks, eyes Strait of Hormuz reopening
- investingLive Asia-Pacific FX news wrap: BoJ June summary flag hikes ahead toward 1.75%
- Westpac warns of Middle East second-round CPI effects, still forecast an August RBA hike
- BOJ June summary flags faster hike calls as markets price another move by year-end. Recap.
- Australia May CPI undershoots on headline but core inflation tops forecasts at 3.6%
ADVERTISEMENT - CONTINUE READING BELOW
Best in 2026
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access
Prime Day beauty deals: Celebs love Crest & Charlotte Tilbury. Grab deals under $25!
Cut
47m ago
investingLive Asia-Pacific FX news wrap: BoJ June summary flag hikes ahead toward 1.75%
investingLive Exclusive
53m ago
Morgan Stanley's private credit fund caps redemptions at 5% amid 11.6% exit requests. Risk rising?
Bloomberg
1h ago
SpaceX stock's wild ride: Musk loses trillionaire status, but shares surge 20% post-IPO.
Business Insider
1h ago
Westpac retained its August RBA hike call after May CPI data showed trimmed mean tracking to 3.8% in Q2 as Middle East second-round effects broaden across consumer prices.
investingLive Exclusive
1h ago
Meta's Arena prediction market app launches, impacting DraftKings & Robinhood stock prices.
TechCrunch
1h ago
KOSPI plunges 10% on ETF fears, then rebounds as AI stocks eye earnings. Samsung jumps 9%.
Barron's
1h ago
Telegram Community
Gain Access
Best in 2026
Sponsored
Must Read
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}