Rosebank won’t boost British energy security or cut bills - yet UK taxpayers will foot most of the cost, while the profits go to Norwegian state-owned oil giant Equinor and its partner Ithaca Energy.
The far right and fossil fuel lobby are dominating the media. It’s time to push back.
Shell announces highest ever profits for a single quarter
Shell has made profits of over £7.3 billion in just three months. That’s triple what it made last year. And it’s just going to hand them to shareholders.
BP announces £5 billion in profit for first three months of 2022
Oil giant BP has just announced it made underlying profits of nearly £5 billion in the last three months. At the same time, UK families and businesses face soaring energy bills.
BREAKING: Campaigners blockade UK government offices in Edinburgh to demand Boris Johnson #StopJackdaw
If approved, Jackdaw’s output will only meet around 1- 2% of UK gas demand over its lifetime. It wouldn’t produce any gas, however, until 2025, with production peaking in 2026 and dropping by almost 60% within four years. Burning the gas in Jackdaw, though, would create more than half the annual emissions of Scotland, or more than Ghana’s entire annual emissions.
The campaign to #StopJackdaw starts today
Jackdaw is a new gas field in the North Sea, 100% owned by Shell. It’s currently being considered for approval by the UK government and could be given the green light over the next few months. Jackdaw won't lower bills or make our energy more secure. It'll just make Shell more money.We're here to stop it.
The UK government has announced plans for new oil and gas drilling
Today the UK government released their British Energy Security Strategy and it's an absolute train wreck. The strategy fails to lower bills, secure energy independence, or protect the climate. Instead, it doubles down on new oil and gas drilling.
Cambo: Billion pound ‘gamble’ risks our collective safety
Ithaca Energy has acquired the controlling 70% stake in the Cambo oil field as part of its takeover of Aberdeen-based Siccar Point Energy. Shell holds the remaining 30% stake in Cambo. The change of ownership does not mean that the field has been approved for development. The new owners will still need to apply to the regulator for permission to extract any oil and gas.
