When the Labour Party of Keir Starmer won the latest UK elections, it vowed to stop new oil and gas exploration. The Starmer cabinet has stayed true to its word on that—but it is looking for ways to boost production through other means.
The UK North Sea oil and gas sector is engaging with regulatory authorities on plans by a German commercial alliance to begin suborbital rocket launches over British waters on a test basis, reflecting the increasing complexity of activity in Europe’s largest hydrocarbons basin.