To develop one of the largest untapped oil and gas fields in uk waters. Rosebank which is about 80 miles west of shetland is one of the largest untapped discoveries in the region. Experts say it contains up to 350 Million Barrels of oil. Production could start in 2026 with extraction continuing until at least 2030. Its thought that around 69,000 barrels of oil could be produced every day. That would equate to around 8 of the uks total output. And there would also be natural gas with around 44 million cubic feet of it produced per day during the projects lifetime. The Energy Secretary Clare Coutinho said, we need oil and gas on the path to net zero so it makes sense to use our own supplies from north sea fields. The jobs and billions of pounds this is worth to our economy will enable us to have Greater Energy independence. But there has already been criticism. The Environmental Group greenpeace says, relying on fossilfuels is terrible for our Energy Security, the cost of living, and the
The green light to develop one of the largest untapped oil and gas fields in british waters. Rosebank lies in the north sea, about 80 miles west of shetland. Experts say it contains about 350 Million Barrels of oil. Production could start in 2026, with extraction continuing until at least 2030. Its thought that about 69,000 barrels of oil could be produced every day. That would equate to about 8 of the uks total output. There would also be natural gas, with about 44 million cubic feet produced per day during the projects lifetime. The Energy Secretary Clare Coutinho says. The news has not gone down well with climate campaigners. Heres tessa khan, executive director of uplift, a group that has been working to stop Rosebank Being opened up for oil and gas production. I think we need to be clear that this is a huge mistake on economic grounds, on Energy Security grounds and on Climate Grounds and the uk public do not stand to benefit from this field. With me is our Business Editor simonja
Hello. At least 20 people have been killed in an explosion at a fuel depot in the disputed territory of Nagorno Karabakh. Thats according to armenian separatist authorities, who say 290 people were also admitted to hospitals. They say dozens are still in critical condition. Armenia now says over 13,000 people have fled across the border, amid fears of persecution and Ethnic Cleansing. It comes as armenia and azerbaijan are due to meet in brussels tuesday for eu backed talks. Itll be the first such meeting between the two countries since azerbaijan seized the enclave last week. Nagorno karabakh is at the heart of one of the worlds longest running territorial and ethnic conflicts. Its recognised internationally as part of azerbaijan, but has been controlled by Ethnic Armenians for three decades. Bbc russian s Nataliya Zotova sent this report from goris, near the border with armenia. The exodus of refugees started late sunday night. Some arrived in the border town of goris in ambulances e