UK issues environmental guidance on new North Sea oil and gas drilling
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 19 2025
0mins
Source: Reuters
New Environmental Guidance: Britain has released new environmental guidance that will influence the development of North Sea oil and gas fields, requiring companies to consider downstream greenhouse gas emissions in their extraction plans.
Impact on Existing Projects: The guidance follows a Supreme Court ruling and applies to already awarded licenses, compelling developers like Shell and Equinor to reassess their projects while aiming for a transition to cleaner energy by 2050.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
