This is a horrendous decision: Rosebank, the largest untapped oilfield in UK waters, has been approved by the UK government. This comes via the regulator, the North Sea Transition Authority, which is in severe need of reform.
Over the last few weeks, I’ve been working on a podcast series about the structure and ownership of the UK oil sector, because this is essential understanding for dismantling it. It’s been eye-opening, but empowering. It’ll be out in 2-3 weeks.