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The Guardian - UK
The Guardian - UK
Environment
Fiona Harvey Environment editor

North Sea oil and gas firms in UK ‘failing to invest in renewable energy’

Oil North Sea United Kingdom Renewable Energy the North Sea Uplift
Two oil platform
The government has banned the new licensing of oil and gas fields in the North Sea. Photograph: Andrew Milligan/PA

North Sea oil and gas companies are failing to switch their investments to renewable energy, research has shown.

Three-quarters of the offshore oil and gas companies operating in the UK plan to invest solely in continued fossil fuel production between now and the end of the decade, according to data compiled by the analyst company Rystad.

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