Joined House of Lords: 16th October 2015
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These initiatives were driven by Baroness McGregor-Smith, and are more likely to reflect personal policy preferences.
Baroness McGregor-Smith has not introduced any legislation before Parliament
Baroness McGregor-Smith has not co-sponsored any Bills in the current parliamentary sitting
The North Sea Transition Authority’s latest production projections, published in February 2026, indicate that the UK Continental Shelf could produce around 2.2 billion barrels of oil (bnbbl) between 2026 and 2050.
This is equivalent to around five years of UK oil consumption, based on final consumption of petroleum products in 2024. 80-90% of UK crude is exported to be refined abroad, as UK refineries are not set up to process its particular chemical characteristics.
The NSTA’s October 2025 reserves and resources report estimates around 2.0 bnbbl remaining in technically and commercially viable oil reserves.