EnergyReader · 2026-08-02 22:52

Trump Declares Burnham Will Open Up North Sea Oil as UK Investors Wait on Fiscal Terms

By EnergyReader Newsroom · August 2, 2026

President Donald Trump said during an Oval Office event on Wednesday (2026-07-29) that Prime Minister Andy Burnham would "open up North Sea oil," calling it "one very good thing" and adding that Britain would become "a wealthy country" if Burnham acted reasonably. Energy Voice reported the statement, which arrived less than two weeks after Burnham took office on Monday (2026-07-20) and immediately set a high-profile benchmark for how the new government's energy intentions are being interpreted in Washington.

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Connected coverage Stories linked to United Kingdom through the market graph: same hub, spread, route or driver.

Scottish Renewables Names Eight Supply Chain Winners as North of England Dominates CCSA Carbon Capture Shortlist 6h ago · United Kingdom same market UK oil and gas trade body admits North Sea ban reversal would have limited price impact 19h ago · United Kingdom same market UK Carbon Holds at £59.12 as CBAM Pricing Rules Take Effect and CDR Investment Stays Thin 1d ago · UKA via UK Carbon Policy / UKA Supply Saudi Arabia Cuts European Oil Sales While Paper Prices Signal Calm 38m ago · Saudi Arabia same desk Dubai crude's $13 premium to Brent signals Asian buyers are not pricing in a Q4 Hormuz resolution 52m ago · Dubai Crude same desk Alberta's Royalty Push Runs Ahead of a Pipeline Still on Paper 1d ago · United Kingdom same market

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