Rosebank’s approval sends oil shares soaring and triggers green backlash September 28, 2023 Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.
A new oil field in the North Sea won’t be forever, but it’s a good decision for now September 28, 2023 We were always going to need the new Rosebank oil field in the North Sea, even if the black "gold rush" is coming to a close, writes Cameron Smith
Sunak is laying out a climate trap for Labour to fall into at an election September 28, 2023 As the world looks on at Rishi Sunak’s climate decisions with bemusement, his target is an electoral victory banking on the “ULEZ effect”, writes Barry Johnston Last week in New York, on the margins of a major UN summit to accelerate action on climate change, all talk was, incredibly, of the Uxbridge by-election. Such was [...]
Coinbase CEO Brian Armstrong: ‘Ditch your JPMorgan Chase accounts’ September 27, 2023 Brian Armstrong has urged UK customers of JPMorgan Chase to close their accounts in protest at the a ban on crypto transactions.
Rosebank: Climate campaigners prepare legal action against oil and gas field September 27, 2023 Climate campaigners have vowed to take legal action against the government, following the approval of Rosebank this morning.
Rishi Sunak backs Rosebank oil and gas field: We don’t reach net zero by ‘wishing it’ September 27, 2023 Prime Minister Rishi Sunak has backed the approval of Rosebank, the UK's largest undeveloped oil and gas field in the North Sea.
FTSE 100 close: London markets dip as Ithaca share price up on Rosebank approval September 27, 2023 London’s FTSE 100 index dipped on Wednesday as the pound continued its losses, and the government approved the UK’s largest untapped oil field, Rosebank. The capital’s premier bluechip index dipped 0.46 per cent to 7,590.96, while the FTSE 250, which is more aligned with the UK domestic market, fell 0.6 per cent to 18,227.33. Markets [...]
We need to get to net zero, but we will fail if we lose public support September 27, 2023 The hysteria over Sunak’s relatively mild changes ignores a much more existential threat to our climate goal: alienating everyday Brits.
Rosebank: All systems go for new North Sea oil and gas field after joint thumbs-up September 27, 2023 The Rosebank oil field development WILL go ahead after private investors and government both signalled final approval.
HS2: Five Labour mayors including Burnham and Khan to demand PM keeps project on track September 27, 2023 Five Labour mayors will gather in Leeds to issue a joint plea to the Prime Minister not to cut HS2 further. Rishi Sunak is facing a political backlash over reports he is weighing axing the Birmingham-Manchester leg of HS2 amid soaring costs. On Tuesday, Home Office minister Chris Philp said Mr Sunak was reviewing how [...]