The Conservatives are calling on Andy Burnham to approve the
Jackdaw gas field, approve Rosebank, end Labour's ban on
new North Sea licences and scrap the Energy Profits Levy.
Government accused of dither and delay' after can kicking on
Jackdaw, and postponing both the Millburn Report and the Spending
Review. Labour shelved the Jackdaw decision for a month rather than
upset potential Green voters in the Holborn and St Pancras
by-election, and with the votes...Request free trial
- The Conservatives are calling on Andy to approve the Jackdaw gas field,
approve Rosebank, end Labour's ban on new North Sea
licences and scrap the Energy Profits Levy.
- Government accused of dither and delay' after can kicking on
Jackdaw, and postponing both the Millburn Report and the Spending
Review.
- Labour shelved the Jackdaw decision for a month rather than
upset potential Green voters in the Holborn and St Pancras
by-election, and with the votes now counted the Prime Minister
has run out of excuses.
- Only the Conservatives will get Britain drilling again by
ending the new licensing ban, scrapping the Energy Profits
Levy, and maximising British oil and gas extraction.
Today [Monday 12th October 2026], the
Conservative Party has called on the Prime Minister to approve
the Jackdaw gas field without yet another delay, to approve
Rosebank alongside it, to end Labour's ban on new oil and gas
licences, and to scrap the Energy Profits Levy.
In September, the new Energy Secretary was reportedly days
away from recommending approval for Jackdaw. But the decision
was delayed as part of the Government's dithering
and pushed back beyond the Holborn and St Pancras
by-election. The platform remains 99 per cent complete, and the
regulator finished its consultation in August. But decided that British energy
security could wait until Labour had got through polling day for
the by-election.
In March, Labour voted down a Conservative motion to approve
Jackdaw and Rosebank, over the summer Burnham's team briefed that
approval was days away and a PM trip to Aberdeen was planned, and
yet in September the whole thing was shunted into the long
grass. That is three positions in six months, and not one of them
was arrived at by asking what is good for the country.
If the Prime Minister now approves Jackdaw, it will be because
the Conservatives forced the issue and the case was unanswerable.
However, Labour remains wedded to a ban on new licences and
a windfall tax that is driving investment out of the North Sea.
The bill for that falls on households and on the workers whose
jobs are on the line.
- Jackdaw could supply more than 6 per cent of Britain's gas by
this winter and heat 1.4 million homes.
- Rosebank is the largest undeveloped oil and gas field in
British waters, holding an estimated 300 million barrels.
- More than £3 billion has been invested in the two projects,
which would together contribute £28.7 billion to the economy.
- Without new production, Britain risks importing 82 per cent
of its gas by 2035, leaving households exposed to every shock in
the global market.
- The Department for Energy Security and Net Zero projects oil
and gas employment will collapse by more than 110,000 jobs to
2050, or nearly 83 per cent.
Energy security is national security, and a Prime Minister is
meant to take the decision that is right for the country and then
go out and defend it, in Camden as readily as in Aberdeen. spent a month showing that he
would rather not.
A Conservative Government would approve both Jackdaw and
Rosebank, end the ban on new licences, and repeal the Energy
Profits Levy. That could unlock 2.9 billion barrels, £165 billion
in economic value, and protect 200,000 skilled jobs.
Britain will be using oil and gas for decades, and the only
question is whether it comes from Aberdeen or from Riyadh. With
the votes counted in Camden, Burnham has no reason left to duck
it.
MP, Shadow Energy Secretary,
said:
is dithering and delaying. He
has sat on a gas field that is ready to go, because he was
frightened of the Green Party in Camden. The by-election is over
and his excuse has gone with it, so he should approve Jackdaw
immediately.
If the Prime Minister finally signs it off, nobody should mistake
one gas field for a change of heart, because Labour's ban on new
licences and its punishing windfall tax are bleeding the North
Sea of investment and the jobs that go with it.
Approve Jackdaw, approve Rosebank, end the ban on licences, scrap
the Energy Profits Levy. That is what a Conservative Government
would do, and it is what this Prime Minister should do if he
wants anyone to believe he is serious.
ENDS
Notes to Editors:
delayed the Jackdaw decision
until after Labour's by-election:
-
The Energy Secretary was poised to recommend approval
before the decision was pushed past the
by-election. had been expected to
give her recommendation on Jackdaw within days, but sources
indicated the decision would not come before the Commons rose
for conference recess, pushing it beyond the vote on 8 October
(The Guardian, 11 September 2026, link).
-
The Green Party framed the by-election as a referendum
on North Sea drilling., the Green Party leader,
stood against Labour's , the leader of Camden
Council, in Keir Starmer's former seat, and accused Labour of
intending to permit new drilling while keeping it quiet until
after polling day (The Guardian, 11 September 2026,
link).
-
Labour held Holborn and St Pancras at the by-election
on 8 October 2026, with the Green Party second. was returned as the
Labour MP, with in second place.
Labour voted against approving these
fields:
-
Labour MPs voted down a Conservative motion to approve
Jackdaw and Rosebank and scrap the levy.The motion
called on the government to remove the Energy Profits Levy, end
the ban on new oil and gas licences and approve the Rosebank
and Jackdaw fields, and noted the risk of importing 82 per cent
of the United Kingdom's gas by 2035. It was defeated by 297
votes to 108 (Hansard, 24 March 2026, link).
Jackdaw and Rosebank are waiting:
-
Jackdaw is 99 per cent complete and could be supplying
gas this winter.The operator has stated that Jackdaw
alone would provide more than 6 per cent of United Kingdom gas
supply by this winter, enough to heat 1.4 million homes, and
that Jackdaw and Rosebank together would account for around 10
per cent of national gas production. More than £3 billion has
already been invested in the two projects, which would
contribute £28.7 billion in gross value added over their
producing lifespan (Adura, Press Release, 8 July 2026,
link; Business
Matters, 4 September 2026, link).
-
Both fields were consented under the Conservatives and
quashed on a technicality about downstream
emissions.Consent for Jackdaw was agreed by the
Secretary of State on 27 May 2022 before being quashed by the
Court of Session in January 2025 (Department for Energy
Security and Net Zero, Regulation 14(3) Secretary of State
Decision Jackdaw Field Development, 27 May 2022, link).
-
The regulatory process is finished and the paperwork is
on the Secretary of State's desk.The Offshore
Petroleum Regulator for Environment and Decommissioning
published the further information for Jackdaw on 1 July 2026
and ran its consultation to 10 August 2026; the public
representations were published on 2 September 2026 (OPRED,
Notice to Publish Further Information, D/4260/2021, 1
July 2026, link; OPRED,
Jackdaw Public Representations, 2 September 2026,
link).
Labour are shutting down the North Sea:
-
Labour committed in its 2024 manifesto to issue no new
licences to explore new fields.The manifesto stated
Labour, we will not issue new licences to explore new fields'
(Labour Party, Change, 13 June 2024, link).
-
Labour announced that the Energy Independence Bill will
be used to block new oil and gas licences. Manage
existing oil and gas fields for their lifetime through
legislation to introduce Transitional Energy Certificates, and
show climate leadership by meeting the manifesto commitment not
to issue new licences to explore new fields, including
delivering the commitment to ban fracking' (Prime Minister's
Office, The King's Speech 2026: Briefing, 13 May 2026,
link).
-
The Department for Energy Security and Net Zero project
total employment in oil and gas falling from 136,675 in 2024 to
23,584 in 2050, a loss of 113,091 jobs, or 82.7 per
cent.Direct jobs fall from 25,359 to 4,376 over the
same period and indirect jobs from 111,316 to 19,208
(Department for Energy Security and Net Zero, Freedom of
Information request, 28 April 2026, available on
request).
-
Labour raised the levy to 38 per cent, extended it to
2030 and abolished the investment allowance.The Autumn
Budget 2024 measure increased the Energy Profits Levy by three
percentage points, took the headline rate on upstream oil and
gas to 78 per cent, extended the levy to 31 March 2030 and
removed the investment allowance (HM Revenue and Customs,
Energy Profits Levy reforms 2024, 30 October 2024,
link).
-
North Sea tax receipts are forecast to collapse to
almost nothing.Offshore corporation tax, petroleum
revenue tax and the Energy Profits Levy together are forecast
to raise £4.1 billion in 2025-26, falling to £0.1 billion by
2030-31 (House of Commons Library, Taxation of North Sea
oil and gas, CBP-00341, 20 July 2026, link).
-
Independent analysis says reforming the levy would
raise £25 billion more.Stifel Europe's written
evidence to the Energy Security and Net Zero Committee found
that reform of the windfall tax would generate around £25
billion more in tax to 2035, driven by an additional £12
billion of capital expenditure across 2026-2030 (Stifel Europe,
Written Evidence to the Energy Security and Net Zero
Committee, MAN0047, link).
The Conservatives will get Britain drilling
again:
-
The Conservatives will back the North Sea to generate
billions in additional tax revenue a year.
Analysis by independent investment bank Stifel has shown that
the Energy Profits Levy and ban on new licences is making the
basin uninvestable, losing the Exchequer £25 billion in tax
revenue over the next ten years. Labour's ban on new oil and
gas licences called time on Britain's oil and gas industry
leaving 2.9 billion barrels in the ground and risking 200,000
jobs.We will extract this oil and gas, creating £165 billion in
economic value (Stifel, Written Evidence to ESNZ Select
Committee, January 2026, link; OEUK, Key
facts, accessed 31 August 2025, link; OEUK, Press
Release, 23 June 2025, link).
-
The Conservatives will repeal the Energy Profits Levy
to maximise investment in British oil and gas
production. The Energy Profits Levy, an additional 38
per cent levy on the upstream production of oil and gas, is set
to expire on 31 March 2030. The Conservatives have pledged to
remove it once elected and called on the government to remove
it immediately (HMRC, Policy Paper, 30 October 2024,
link).
-
The Conservatives will replace the North Sea Transition
Authorities (NSTA) mandate to maximise the extraction of our
oil and gas'. The NSTA requires oil and gas companies
to fulfil a range of net zero obligations such as connecting
oil rigs to the grid and reducing flaring, venting, and
emissions. We will change this to one sole mandate of
maximising oil and gas extraction and rename the NSTA to the
North Sea Authority.
-
The Conservatives will reverse the ban on government
support for the export of oil and gas technology to unlock
billions in oil and gas technology exports. UK Export
Finance (UKEF) supported on average £5 billion of oil and gas
technology exports annually before government support for it
was banned. We will reverse this ban to create jobs and unlock
billions of exports.
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