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Starmer wants contentious North Sea oil and gas fields to go ahead

Financial Times LogoFinancial Times13h ago

Starmer wants contentious North Sea oil and gas fields to go ahead - Financial Times

Quick Summary:

Last month’s court ruling had allowed development work to continue, he said, adding that Rosebank remained “on track” to start production in 2027.

Ed Miliband in 2023 described the licence issued to Rosebank as ‘a colossal waste of taxpayer money and climate vandalism.

Sir Keir Starmer and Rachel Reeves want two new controversial oil and gas fields in the North Sea to go ahead despite concerns among Labour MPs and environmentalists about the huge carbon emissions from the projects.


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Article Details

Author / Journalist: Jim Pickard

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 19:11:31 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 824 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25913703

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 4 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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