Exploration & Production

UK energy: new government, new policies

The UK has a new government and a new energy department. These changes and other post-referendum developments are already affecting the gas market The UK has a new government and a new energy department. These changes and other post-referendum developments are already affecting the gas market.
By Catriona Scott 16 August 2016 0 24259
The UK has a new government and a new energy department. These changes and other post-referendum developments are already affecting the gas market. (PA)

Within three weeks of its referendum on EU membership, Theresa May became the UK’s new prime minister. And within days of taking office, May carried out a significant reshuffle of departments and ministers. One of the biggest changes was the scrapping of the Department of Energy and Climate Change (DECC) as an independent department and its incorporation into the Department for Business, Energy and Industrial Strategy (DBEIS). These changes come at a challenging time for gas, and how the new government decides to move forward...