-
Asia stocks rise on AI, US-China trade talks optimism
-
France's Macron, Canada's Carney announce closer ties
-
Multi-Asset Trading Venue Monochrome Exchange Announces IEO of Its Native Token, $MCR
-
AI 'warning shots' focus Beijing on national security risks
-
Data centre command hub keeps AI up and running
-
Philippine tribe in limbo over US-led tech hub
-
Leo XIV, first US pope transcends his restrained style
-
Saudi-led coalition says Houthis fired ballistic missile at Riyadh
-
France's debt climbs to highest since 1978: ministry
-
Cuba works to restore power after another blackout
-
Thousands protest inaction over climate crisis in Switzerland
-
Brigitte Bardot widower slams sale of star's belongings
-
UK actor Naomi Watts honoured at Spain film festival
-
Indonesia accepts Malaysia's help to tackle wildfires
-
Trump signs bill authorizing sweeping Russia sanctions
-
Nvidia, OpenAI CEOs to attend Xi dinner at White House
-
Anthropic picks Accenture for in-house AI safety evaluation
-
Cuba hit with seventh major blackout of the year
-
Hushing and hedging: US companies retreat on climate
-
Nigeria miners struggled to breathe in cell before 37 died: survivors
-
Crisis-wracked Volkswagen warns of 10-bn-euro hit to profits
-
Warren Buffett steps down as Berkshire Hathaway chairman
-
Shakira to cap off world tour with Madrid 12-gig run
-
Isolated Syrian-Druze city blames Damascus for shortages
-
Isolated Syrian-Druze city shortages
-
Kerry James Marshall: American 'blackness' painter celebrated in Europe
-
UNESCO can be 'moderator' in AI debate: chief to AFP
-
Infantino 'must go', says German FA vice-president
-
Russia seizes assets of Nestle, French firms
-
Japan's busiest rail station tests robot bins
-
Anthropic says AI systems moving towards building themselves
-
Backpackers fret over Australian visa crackdown
-
Asian stocks boosted by falling oil, yen weakens after BoJ rate hike
-
Bank of Japan hikes rates to 31-year high to battle inflation
-
Afghan medical students in Pakistan hope court stops college expulsions
-
AI doomsday warnings unlikely to slow IPOs but questions linger
-
Australia to detain tourists who overstay visa, minister says
-
In Brazil's Amazon, the hunt for oil fuels hopes and fears
-
Asian stocks track Wall St rally as oil prices drop
-
Baby orangutans in India expose 'frightening' scale of trafficking
-
Prized Mexican relic returns on loan, two centuries on
-
Oversight Board blasts 'inadequate' Meta safeguards for AI deepfakes
-
'In our lane': Fed's Warsh defies Trump but still fighting for credibility
-
Harry makes first public appearance since return to UK
-
Trump admin makes major cut to endangered species protections
-
Princess Diana's brother makes new explosive claims against Charles
-
GM delivers first components for US interceptor missiles
-
Trump admin overhauls key protection for endangered species
-
Travis Scott and Keith Richards feature on GTA VI soundtrack
-
Mbappe draws political fire over Ceuta t-shirt controversy
UK allows new oil, gas drilling in existing North Sea fields
Britain's government signalled Wednesday it could issue permits for oil and gas extraction around existing North Sea fields, despite a promise to halt licences for new production in the area.
Under its energy transition plans, "the government will introduce new Transitional Energy Certificates which will enable limited oil and gas production on or near to existing fields," the government said in a statement.
However, the existing "ban on new licences will end new exploration for offshore oil and gas fields", it added, reiterating a key campaign promise aimed at curbing deadly climate change.
With abundant onshore and offshore wind power, Britain is among Europe's leaders in renewable energy but still relies on natural gas for more than a third of its energy mix.
The announcement comes as part of a plan to develop renewable energy in the North Sea and preserve jobs in the region.
The government said it aims to "manage existing oil and gas fields for their lifespan and not to issue new licences to explore new fields".
US President Donald Trump, a critic of renewables and advocate of reviving oil exploitation, has repeatedly urged Britain to drill more North Sea oil and gas.
Y.Ibrahim--CPN