John Healey’s Budget has assumed the government will approve North Sea discovery drilling projects that produce in excess of a billion barrels of oil and gas, in the clearest sign yet that ministers plan to rubber stamp a wave of new drilling after Jackdaw and Rosebank.
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October 29, 2026 at 4:00 AM
Healey’s Budget prices in wave of fresh North Sea drilling
CityAM
Excerpt from CityAM.