In his upcoming King’s Speech on 7th November, Prime Minister Rishi Sunak is anticipated to address key issues related to energy.
Energy legislation is expected to feature, potentially including a bill addressing future oil and gas drilling in the North Sea.
Labour contends that such a measure is primarily political, highlighting the party’s stance against future exploration.
Industry experts suggest that ministers could introduce legislation committing the government to a new oil and gas licensing round, forcing Labour to clarify its position on the matter.
This legislative speech holds significant importance for Mr Sunak, marking a crucial juncture as he approaches the midpoint of his premiership.
It will also serve as the debut for King Charles at the state opening of the Parliament.