Davey: Growth opportunities for gas and oil industry

Secretary of State for Energy and Climate Change Ed Davey Credit: Nick Ansell/PA Wire

Energy Secretary Ed Davey said the oil and gas industry is a vital strategic resource.

"With our support for carbon capture and storage, for decommissioning and by encouraging increased collaboration across different energy sectors, especially offshore, there will also be new sustainable growth opportunities for the industry and the wider UK supply chain."

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Multi-million energy investment

A multi-million pound investment in Britain's oil and gas supplies will be announced by the Government today.