UK Government's Plan Won't Reduce Gas Reliance in Short, Medium Term0819 GMT - The new U.K. energy security strategy is a necessary step forward in the country's journey to net zero emissions, but it lacks silver bullets to reduce reliance on gas in the short and medium terms, ING says. "For the U.K. economy, the more pressing question is whether the government will offer further support for consumers and businesses while gas prices remain elevated," ING says. ---Sound Energy No Longer Plans Merger With Angus EnergySound Energy PLC said Friday that it no longer plans to make an offer for Angus Energy PLC following a due diligence review, and after careful consideration. ---Zephyr Energy Says 1Q Williston Basin Production Beat Expectations -- Energy CommentZephyr Energy PLC said Friday that first-quarter hydrocarbon production from its new Williston-Basin assets in North Dakota was ahead of expectations. (joseph.hoppe@wsj.com)Contact: London NewsPlus; paul.larkins@wsj.com(END) Dow Jones NewswiresApril 08, 2022 04:36 ET (08:36 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal April 08, 2022 09:55 UTC