Ministers pressure North Sea oil and gas firms to invest profits

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Ministers pressure North Sea oil and gas firms to invest profits
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  • 📰 The Independent
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Soaring energy bills is one of the major problems the Government is battling to alleviate.

oil and gas firms must deliver a clear plan to reinvest profits to accelerate domestic production, ministers have demanded as they face pressure to tackle the cost-of-living crisis.has written to the industry saying it must also set out plans for investment in clean energy during a meeting in the coming weeks.is battling to alleviate, but ministers are not being given fresh funding to ease the pain.

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