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Government approves drilling in Jackdaw gas field in North Sea (www.independent.co.uk)
submitted 3 days ago* by to c/unitedkingdom@feddit.uk
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The drilling project is one of two – alongside the Rosebank oil field off Shetland – which were approved by the previous Conservative government.

Both were approved for drilling licences in June 2022, but this was overturned by the Scottish courts after a challenge from environmental campaigners.

A decision on Rosebank, the largest untapped oil field in the North Sea, is being made separately, with energy secretary Miatta Fahnbulleh saying it will take “a bit longer”.

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[–] 1 point 3 days ago* (last edited 2 days ago)

We will likely be the first in the line to buy the fuel, but we have to buy at global market rates, lest Shell go to the next best buyer offering the going rate and they just tank the negligent shipping costs. This isn't a service the capitalists running the fossil fuel companies are offering to the government, they bid to get the right to the gas so they can sell it to whoever is buying at the best price.

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