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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

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Transcripts For BBCNEWS The 20240703

Where the Tv Channel Gb News has suspended two of its main presenters after comments made on air on tuesday. The broadcaster described the remarks about a female political journalist as completely unacceptable. Our Entertainment Correspondent David Sillito reports. Lets move on to the bbc. Dan wootton, gb news presenter, talking to act and regular contributor laurence fox in their discussion about a debate that had taken place on the bbc featuring the journalist ava evans. Laurence fox was asked what he made of it. We are past the watershed. Show me a single self respecting man who would like to climb into bed with that woman ever. He went on to repeat the comments, but in rather more blunt language. This time with laughter from dan wootton. Look, she. Ava evans said she is second by the exchange and, ava evans said she is sickened by the exchange and, looking back at the broadcast. Shes a very beautiful woman, lawrence. Dan wootton says he regrets his on air reactions and has appointe

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Transcripts For BBCNEWS World 20240703

And is thought to contain 500 Million Barrels of oil, which makes it the uks largest untapped oil field. The plan has faced widespread criticism. Last month, 50 mps and peers from all major parties raised concerns the oilfield could produce 200 Million Tonnes of carbon dioxide. So, the oil and gas that we get out of rosebank, it will be mostly oil because that is mostly what is left in the north sea. That wont be owned by the British Public or the government, it will be owned by the company that gets it out of the ground, the oil and Gas Companies, and they will simply sell it to the highest bidder. So there is no guarantee that that oil and gas will end up in the uk, so theres no guarantee that it will help to lower our bills. Therefore, there is going to be a lot of people cold and poorer this winter, wondering why we are having tax rates and subsidies out to oil and Gas Companies when they cant afford the gas bills. To the us now, where regulators are suing amazon, claiming the tech

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Transcripts For BBCNEWS World 20240703

500 Million Barrels of oil, which makes it the uks largest untapped oil field. But the plan has faced widespread criticism. Last month 50 mps and peers from all major parties raised concerns the oil field could produce 200 Million Tonnes of carbon dioxide. Craig macmahon is Senior Vice President for research at the Energy Consultancy wood mackenzie. Hejoins us from edinburgh. Today we have had a lot about all this controversy all day long. What i want to focus on is the scale of this. Talk me through the size of this. Talk me through the size of this and what it might do for the uk as an oil producer . The this and what it might do for the uk as an oil producer . As an oil producer . The scale of it is not insignificant as an oil producer . The scale of it is not insignificant but as an oil producer . The scale of it is not insignificant but on as an oil producer . The scale of it is not insignificant but on a as an oil producer . The scale of it is not insignificant but on a globali i

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Transcripts For BBCNEWS BBC 20240703

Might have their regrets. Good afternoon and welcome to the bbc news at one. The go ahead has been given to develop the uks largest untapped Oil And Gas Field in the north sea. Rosebank, which is 80 miles west of shetland, is expected to produce the equivalent of 300 Million Barrels of oil during the expected 25 year lifetime of the project. But the decision is controversial due to its impact on Climate Change last month, 50 mps and peers from all major parties raised concerns that the oil field could produce 200 Million Tonnes of carbon dioxide. Alexandra mackenzie reports. North sea oil is again at the centre of economic, political and climate debate. The long discussed rosebank Oil And Gas Field is run by the norwegian state energy firm. It says this will bring massive investment and jobs to the uk. And jobs to the uk. There is a continued and jobs to the uk. There is a continued need and jobs to the uk. There is a continued need for and jobs to the uk. There is a continued need for

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