• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 26, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Reform UK Vows To Revive North Sea Drilling

May 23, 2025
Lawrence Ankutseby Lawrence Ankutse
in UK
0
Reform UK Vows To Revive North Sea Drilling

Richard Tice, the leader of Reform UK

Reform UK has announced plans to revive North Sea oil and gas drilling as a top priority if elected, promising taxpayer-backed investments and a full policy reversal on energy.

The party’s leader, Richard Tice, has reportedly met with leading UK oil executives over the past few weeks to assure them of Reform UK’s full support. These discussions come as the industry continues to grapple with harsh government measures, including the windfall tax and restrictions on new drilling licences in the North Sea.

According to insiders, Tice offered a bold commitment: a “day one” reversal of the current ban on fresh oil and gas exploration, should the party assume power following the 2029 general election. Reform UK intends to go further by injecting billions of pounds in public funds into fossil fuel developments. These investments would translate into equity stakes for British taxpayers, aligning public financial interests with oil and gas companies.

RelatedPosts

Starmer Faces Pressure Over Asylum Hotel Crisis

Kemi Badenoch Opens Up On Racism Faced

Britons To Protest Over Asylum Hotels

“As long as there’s oil in the North Sea, we should be drilling for it,” said a spokesperson for the party. “There are clear benefits for securing jobs and energy independence.”

The party’s move is seen as a direct counter to Labour’s environmental agenda, which led to a freeze in new exploration licences shortly after their recent rise to power. That decision was part of Labour’s broader climate policy, which aims to scale back reliance on fossil fuels and invest in renewable energy infrastructure.

Adding weight to the debate, U.S. President Donald Trump recently weighed in, urging the UK to curb its rising energy costs. He criticized wind energy and called on the government to “incentivise modernised drilling in the North Sea, where large amounts of oil lay waiting to be taken.” 

Trump’s remarks, however, have been sharply criticized by environmental organizations. These groups argue that global energy price fluctuations, not wind farms, are behind Britain’s energy challenges, and they contend that renewables offer more affordable long-term solutions.

Reform UK Vows To Revive North Sea Drilling
Reform UK intends to go further by injecting billions of pounds in public funds into fossil fuel developments.

Public Stakes In Fossil Fuel Projects

Reform UK has promised more policy announcements in the coming months, but its current stance is already raising eyebrows. A party spokesperson hinted that upcoming proposals may include the complete withdrawal of renewable energy subsidies. This would mark a seismic shift in Britain’s environmental policy and effectively dismantle the government’s net zero strategy.

That net zero plan includes targets to double the country’s onshore wind capacity, triple its solar power generation, and quadruple offshore wind output by 2030. Reform UK’s approach would push in the opposite direction.

“If people want to invest in renewables without subsidies, they’d be welcome to do that,” the spokesperson noted.

Earlier this month, Tice went on the offensive during a speech in Lincolnshire, where Reform UK recently gained control of the local council. He lashed out at renewable infrastructure projects, calling the net zero agenda “net stupid zero.” His comments made it clear that the party would obstruct green projects at every opportunity.

“We will attack, we will hinder, we will delay, we will obstruct, we will put every hurdle in your way. It’s going to cost you a fortune, and you’re not going to win. So give up and go away.”

Richard Tice

Founded by former UKIP leader Nigel Farage, Reform UK has been gaining traction through its twin messaging on immigration and energy. Their base appears to support both a hardline stance on border control and an aggressive rollback of green policies.

Tice has promised that the current political landscape will undergo “a sea change in less than four years.” 

“You should be getting your licence applications ready for Reform to fast-track when it comes into government … I want these firms to know they are working with a shadow government that is willing to tick the box as soon as we get in.”

Richard Tice

As the next election approaches, Reform UK’s stance signals a deepening divide over the future of Britain’s energy strategy between those looking to green the grid and those seeking a return to black gold.

READ ALSO: Kwesi Pratt Decries Public Sector Salary Gap

Tags: fossil fuel investmentNorth Sea drillingReform UKRichard TiceUK energy policy
Please login to join discussion
Previous Post

Russia, Ukraine Exchange 780 Prisoners

Next Post

Court Withdraws Arrest Warrant Against Director of Passports

[mc4wp_form id="1264"]

Related Posts

Eni’s Nguya FLNG Ready for Phase 2 of the Congo LNG Project 
Extractives/Energy

Eni’s Nguya FLNG Ready for Phase 2 of the Congo LNG Project 

August 26, 2025
Oliver Barker-Vormawor on think tanks
General News

Ghana’s Think Tanks Need Real Intellectual Depth

August 26, 2025
Australia Announces 424 Million Australian Dollars In Funding For Indigenous People
Asia

Iran Accused Of Directing Anti-Semitic Attacks In Australia

August 26, 2025
Hon. Abed-Nego Lamangin Bandim
General News

Bagre Dam Spillage Sparks Food Security Concerns in North

August 26, 2025
Ghana's Foreign Investment goals in focus
General News

Strategic Foreign Investment Needed, Economist Warns

August 26, 2025
Sudan’s Displacement Numbers Fall Amid Fierce Fighting
Africa

Sudan’s Displacement Numbers Fall Amid Fierce Fighting

August 26, 2025
Eni’s Nguya FLNG Ready for Phase 2 of the Congo LNG Project 
Extractives/Energy

Eni’s Nguya FLNG Ready for Phase 2 of the Congo LNG Project 

by Prince AgyapongAugust 26, 2025
Oliver Barker-Vormawor on think tanks
General News

Ghana’s Think Tanks Need Real Intellectual Depth

by Lilian AhedorAugust 26, 2025
Australia Announces 424 Million Australian Dollars In Funding For Indigenous People
Asia

Iran Accused Of Directing Anti-Semitic Attacks In Australia

by Comfort AmpomaaAugust 26, 2025
Hon. Abed-Nego Lamangin Bandim
General News

Bagre Dam Spillage Sparks Food Security Concerns in North

by Silas Kafui AssemAugust 26, 2025
Ghana's Foreign Investment goals in focus
General News

Strategic Foreign Investment Needed, Economist Warns

by Lilian AhedorAugust 26, 2025
Sudan’s Displacement Numbers Fall Amid Fierce Fighting
Africa

Sudan’s Displacement Numbers Fall Amid Fierce Fighting

by Lawrence AnkutseAugust 26, 2025
Eni’s Nguya FLNG Ready for Phase 2 of the Congo LNG Project 
Oliver Barker-Vormawor on think tanks
Australia Announces 424 Million Australian Dollars In Funding For Indigenous People
Hon. Abed-Nego Lamangin Bandim
Ghana's Foreign Investment goals in focus
Sudan’s Displacement Numbers Fall Amid Fierce Fighting
[/vc_row_inner]

Recent News

  • Eni’s Nguya FLNG Ready for Phase 2 of the Congo LNG Project 
  • Ghana’s Think Tanks Need Real Intellectual Depth
  • Iran Accused Of Directing Anti-Semitic Attacks In Australia
  • Bagre Dam Spillage Sparks Food Security Concerns in North
  • Strategic Foreign Investment Needed, Economist Warns
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.