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UK Clears Adura’s Jackdaw Gas Field For Production, With Supply From End Of October, And Announces £2B Energy Wealth Fund

Benzinga·10/21/2026 06:39:06
  • The Energy Secretary has agreed that the regulator can grant consent for gas to be produced at the licensed Jackdaw field.
  • The project will start to supply gas to British homes and businesses from as early as the end of this month, helping heat millions of homes and protecting hundreds of jobs.
  • New Energy Wealth Fund to be established by the Chancellor with a £2 billion downpayment to reinvest oil and gas revenues into the climate transition.