The UK is officially leaving the EU. What now for energy?
UK prime minister Theresa May has hailed the dawn of a "Global Britain", but Brexit's critics say it will cripple the economy, kill access to its main market, spark ruinous inflation and shred the country's global influence.
Now that Article 50 has been signed, officially starting the process of the UK leaving the EU, what will it mean for energy? Here are the six main impacts we have identified. What if Scotland leaves - and takes its oil? Most Scots voted to remain in the EU and Scotland's first minister Nicola Sturgeon wants to hold a second referendum sometime in the next two years. About 80% of the UK's oil is produced from Scotland's Exclusive Economic Zone, and the share is rising. If Scotland left, the UK could lose all that. Now that May has triggered Article 50 officially starting the UK's departure from the EU — the country has two years to sort out the divorce. May says the UK will leave the EU with

Also in this section
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
19 June 2025
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
18 June 2025
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse