Conservative Party leader Kemi Badenoch will pledge to make North Sea oil a “cornerstone” of the UK economy amid concerns producers have “much more to do” to reduce carbon emissions in the coming decades. In a speech to the Society of Petroleum Engineers Offshore Europe conference in Scotland, Badenoch will tell industry officials that she would like to see as much oil and gas extracted from the area as possible. Badenoch will blame the Labour government for failing to make the most of oil and gas fields’...