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Opinion of business leaders on the negative business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024

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Source

Release date

November 2024

Region

United Kingdom

Survey time period

August 16 to 28, 2024

Number of respondents

575 respondents

Special properties

Senior business decision makers. Multiple answers were possible.

Method of interview

Online survey

Supplementary notes

"What, if any, of the following do you think will be the main drawbacks of the [Labour’s] decision [to stop new licences for oil and gas exploration in the North Sea] for your business? Select all that apply."

Citation formats

Survey on the negative business impact of a North Sea licensing end UK 2024

Published by
Doris Dokua Sasu,
Dec 5, 2024

Around ** percent of UK business leaders expect a rise in energy costs following the end of new North Sea oil and gas exploration grants, according to a survey conducted in 2024. The same 2024 survey also found that ** percent of business leaders do not expect any drawbacks from this decision.

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