Sky News 
The UK’s largest untapped oil and gas field has been given the green light by the regulator, despite warnings about the climate damage of new fossil fuel projects.
Rosebank, 80 miles west of Shetland, contains around 300 million barrels of oil and is the UK’s last major undeveloped oil site – twice the size of the controversial Cambo oil field.
Equinor, the Norwegian state oil company leading the project and Ithaca Energy, expect to start production in late 2026. They say it could pump 69,000 barrels of oil a day at its peak – equating to about 8% of the UK’s daily output – and 44 million cubic feet of gas a day.
Sky’s Ian King presses a senior vice president from Equinor, Arne Gurtner, on the oil field go ahead and how it aligns with their future plans to become net zero.
#rosebank #climate #oilandgas
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Great news 👍
Great news !
Fantastic news
Any news from Banderas failed counteroffensive?
I'm really worried about Banderas men
Why not, good stuff
Create more jobs in Scotland and invest more in Scotland. Don’t run off with all the profits back to Norway
Great news
We have received some incredibly positive news – the Rosebank oil field has finally been granted the necessary approval! It is truly refreshing to see that the government has come to their senses and recognized the immense potential and benefits that this project can bring. This development marks a significant turning point, as it signifies the government's willingness to prioritize the economic growth and prosperity of our nation. We can now look forward to a brighter future, where the Rosebank oil field will undoubtedly contribute to job creation, increased revenue, and overall energy security. It is an exciting time for our country, and this decision should be celebrated as a testament to wise decision-making and forward-thinking leadership.
We still need oil so it would be INSANE to buy it from other countries when we have our own which will be far cheaper
Majority of the profits will go away to there hands.