Revealed: the energy secretary met oil bosses for dinner days after COP26 to encourage them to keep drilling in the North Sea
The meeting aimed to reassure industry the government wants oil & gas investment, despite pledges to move away from fossil fuels
thetimes.co.uk/article/kwasi-…
The meeting aimed to reassure industry the government wants oil & gas investment, despite pledges to move away from fossil fuels
thetimes.co.uk/article/kwasi-…
13 Nov: Glasgow climate pact signed at COP26, aiming to keep in reach the 1.5C global warming limit, which the IEA says means no new oil & gas fields
16 Nov: government holds private dinner in London with execs from Shell, BP etc to encourage more North Sea oil & gas investment
16 Nov: government holds private dinner in London with execs from Shell, BP etc to encourage more North Sea oil & gas investment
The dinner aimed to calm oil industry nerves following COP26 and amid increasing opposition to North Sea projects like Cambo
But it doesn’t seem to have worked - two weeks later Shell quit Cambo
Oil executives told Kwarteng that the industry needed more overt political support
But it doesn’t seem to have worked - two weeks later Shell quit Cambo
Oil executives told Kwarteng that the industry needed more overt political support
Sure enough, look closely and you may just be able to detect a subtle change of tone in the energy secretary’s messaging of late… 
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