Institutional investors on North Sea drilling: “If what you’re trying to achieve is the trifecta that most governments appear to be looking for ... affordability, energy independence and decarbonization,” then increasing North Sea drilling “doesn’t achieve any of those."
Investors Raise Alarm on Prospect of More UK North Sea DrillingInstitutional investors are raising concerns over the prospect of UK Prime Minister Andy Burnham supporting more oil and gas drilling in the North Sea.www.bloomberg.com