TREE NEWS update: US President Donald Trump said oil companies have called him to say they want to go into the North Sea, adding that the UK could become rich if it opens up North Sea oil and would go “broke” if it does not. Trump made the remarks without naming any of the companies involved or providing further details.
Trump: Oil Companies Told Me They Want to Drill in the North Sea
Trump's claim is significant less for any concrete deal than for the signal it sends about political pressure on UK North Sea policy, coming from a sitting US president rather than a corporate announcement. No companies are named, so the practical effect is unclear; the remarks land in an already contested debate over licensing and the energy transition. The open question is whether any operator confirms interest, which would turn rhetoric into a genuine test of whether the North Sea's investment climate is shifting.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.