Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of not issuing new oil and gas licences on levels of public investment from oil and gas companies.

We do not intend to issue new licences to explore new fields and will not revoke existing licences. We will ensure a phased and responsible transition in the North Sea, ensuring no community is left behind as we move towards net zero. We will share more details on our plans for oil and gas in due course.