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GB Energy Chief Advocates North Sea Production Amid Crisis

3/25/2026

Summary

Story summary

Jürgen Maier, head of GB Energy, advocates increasing North Sea oil and gas production to address the UK's energy cost crisis, despite supporting the government's ban on new exploration licenses.
He argues this approach could create jobs and boost tax revenues.
Public polling shows 76% favor continued production to enhance energy security.
Industry leaders expect approval for new fields soon.
The government says new licenses will not lower energy bills.

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Story summary

Jürgen Maier, head of GB Energy, advocates increasing North Sea oil and gas production to address the UK's energy cost crisis, despite supporting the government's ban on new exploration licenses.
He argues this approach could create jobs and boost tax revenues.
Public polling shows 76% favor continued production to enhance energy security.
Industry leaders expect approval for new fields soon.
The government says new licenses will not lower energy bills.