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Rosebank Oil Field Development

Sector: Oil and Gas • Location: United Kingdom

Source: The Canary

Project
Planned

The Rosebank oil field, owned by Equinor, has been a subject of controversy due to its significant profits amidst rising fuel poverty in the UK. The project has been ruled unlawful by the Scottish Court of Session, yet Equinor remains determined to develop it, which would provide substantial tax breaks to the company while the public bears the costs.

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Project Information

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The project “Rosebank Oil Field Development” is an infrastructure initiative in the Oil and Gas sector, located in United Kingdom. Taiyo aggregates data on it from The Canary.

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Participants

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Status

Original status

Planned

Taiyo status

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Taiyo last update

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Contact

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Email

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Description

Description

The Rosebank oil field, owned by Equinor, has been a subject of controversy due to its significant profits amidst rising fuel poverty in the UK. The project has been ruled unlawful by the Scottish Court of Session, yet Equinor remains determined to develop it, which would provide substantial tax breaks to the company while the public bears the costs.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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