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Home›US Markets›Equities›UK approves Jackdaw gasfield in North Sea

UK approves Jackdaw gasfield in North Sea

Decision was widely expected after lobbying by Shell but will dismay environmental campaigners The UK government has approved the controversial Jackdaw gasfield in the North Sea, a widely expected move that will nonetheless dismay environmental campaigners and a number of Labour MPs. While Labour’s 2024 election manifesto committed to a ban on new drilling licences in the North Sea, the companies behind Jackdaw and the Rosebank oilfield project, which is being decided on separately, have sought environmental approval for existing licences. Continue reading...

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