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Peter Ramsay
Editor-in-chief
8 April 2022
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UK plans autumn licensing round

The country also aims to speed project development as it outlines new energy security strategy

The UK’s North Sea Transition Authority (NSTA) upstream regulator will launch another licensing round in the autumn—which will take into account the country’s forthcoming climate compatibility checkpoint for new oil and gas developments—as it puts continuing exploitation of domestic hydrocarbons resources as a central point of a new energy security strategy. “This will mean more domestic gas on the grid sooner,” the government says. And it is also looking at fast-tracking new production through the creation of gas and oil new project regulatory accelerators, which will aim to provide dedicated, named project support to facilitate more rapid development of new fields. These “could take years

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Also in this section
Chinese policies hint at future gas plans
26 May 2022
The 14th Five-Year Plan is underway, and the specific roadmap for gas is due later this year
Russian crude displacement impacts Mideast producers
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Flows of Urals crude to Asian importers—in particular India—have spiked since Russia’s invasion of Ukraine, according to price reporting agency GX
Reabold aims for project conveyor belt
26 May 2022
The firm hopes to take advantage of a shift in UKCS M&A dynamics
Invictus sees gas opportunities in Zimbabwe
25 May 2022
Managing director Scott MacMillan tells Petroleum Economist about how the once-pariah African state is changing for the better

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