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31 Jul
17:23

UK unveils fresh support to fossil fuels, CCUS tech

The UK Prime Minister Rishi Sunak announced Monday it will grant over 100 new oil and gas North Sea exploration licences in a new round in the autumn, Kallanish reports. The future licences will be “critical” to providing energy security options, unlocking carbon capture usage and storage (CCUS) and hydrogen opportunities, the government claims. It adds the move will increase the UK energy security, protect over 200,000 jobs and reduce dependence on &…
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