Live Breaking News & Updates on Peak Production Levels

Stay updated with breaking news from Peak production levels. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For BBCNEWS World 20240703

500 Million Barrels of oil, which makes it the uks largest untapped oil field. But the plan has faced widespread criticism. Last month 50 mps and peers from all major parties raised concerns the oil field could produce 200 Million Tonnes of carbon dioxide. Craig macmahon is Senior Vice President for research at the Energy Consultancy wood mackenzie. Hejoins us from edinburgh. Today we have had a lot about all this controversy all day long. What i want to focus on is the scale of this. Talk me through the size of this. Talk me through the size of this and what it might do for the uk as an oil producer . The this and what it might do for the uk as an oil producer . As an oil producer . The scale of it is not insignificant as an oil producer . The scale of ....

Offshore Oil Field , Taxpayer Millions , Tv Screenwriter , Enviromental Damage , The Uk , Production Approval , Rosebank Offshore Development , World Business Report , Ithaca Energy , Oil Field , 500 Million , Vice President , Hejoins Us , Craig Macmahon , Carbon Dioxide , Energy Consultancy Wood Mackenzie , 200 Million , Oil Producer , Peak Production Levels , Oil Demand , 101 Million , 0 1 , It Production , It Exporting , Rosebank On A Uk , Petroleum Products ,

Transcripts For BBCNEWS Verified 20240703

The field is located 80 miles west of shetland, and is thought to contain 500 Million Barrels of oil, which makes it the uks largest untapped oil field. But the plan has faced widespread criticism. Last month 50 mps and peers from all major parties raised concerns the oil field could produce 200m tonnes of carbon dioxide. Craig macmahon is Senior Vice President for research at the Energy Consultancy wood mackenzie. I asked him what this means for the uk as an oil producer. The scale of rosebank in a uk perspective is not insignificant. On a global perspective, its much, much smaller. So at peak production levels, maybe in about 2027, 2028, we would expect production between maybe 60,000 and 70,000 barrels per day. If you put that into perspective, i mean, currently oil demand sits at 101
Private Travis King , North Korea , Cost Of Living , Mental Health , Business News , Production Approval , Ithaca Energy , Rosebank Offshore Development , Oil Field , 500 Million , Craig Macmahon , Vice President , Carbon Dioxide , Oil Producer , Energy Consultancy Wood Mackenzie , Peak Production Levels , 0 1 , 101 Million , Rosebank On A Uk , Rosebank Crude , Petroleum Products , North West Europe , Energy Security , In Washington , Calling Accusations , Western Region ,