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Transcripts For BBCNEWS BBC 20240703

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

$500m funds: Lokpobiri, ex-local content boss clash

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and the former Executive Secretary of the NCDMB, Simbi Wabote, exchanged words over claims that the NCDMB under Wabote mismanaged $500m on various projects and loans.

Had It With High Gas Prices? Here Are Five Ways To Save Money At The Pump

Had It With High Gas Prices? Here Are Five Ways To Save Money At The Pump
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