North Sea oil and gas operators should make all reasonable efforts to cut emissions to ensure continued energy production with the lowest possible emissions, or risk not being given consent for field developments, the UK’s North Sea Transition Authority (NSTA) said in a new plan on Wednesday. The regulator, which authorizes field development projects, published today a new emissions reduction plan, which “highlighted the need for action across the board on production decarbonisation – including action on flaring…
