UK Prime Minister Confirms Hundreds of New North Sea Oil and Gas Licences

Sunak Launches Bid To Stave Off Reliance On Putin

A view of the Johan Sverdrup oilfield in the North Sea, on Jan. 7, 2020. Carina Johansen/NTB Scanpix/via Reuters

Prime Minister Rishi Sunak confirmed on Monday that hundreds of new oil and gas licences will be granted in the UK.

In a statement, Mr. Sunak said: “We have all witnessed how Putin has manipulated and weaponised energy—disrupting supply and stalling growth in countries around the world.