Warning over foreign control of North Sea oil and gas

That's according to a think tank who say 40% of North Sea oil equity is owned overseas

Foreign control of North Sea oil and gas licences threatens how the route to Net Zero is managed.

The think tank called for more public ownership of renewables in the move towards Net Zero

But the industry body says the UK is an ‘open economy’ and investment from foreign business will help the move to greener energy.

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