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The British Government has given Energy Companies the green light to develop one of the largest untapped Oil And Gas Fields in uk waters. Rosebank lies in the north sea, about 80 miles west of shetland. Experts say it contains up to 350 Million Barrels of oil. Production could start in 2026, with extraction continuing until at least 2030. Its thought that around 69,000 barrels of oil could be produced every day. That would equate to about 8 of the uks total output. And there would also be natural gas, with about 44 million cubic feet produced per day during the projects lifetime. The Energy Se...

And is thought to contain 500 Million Barrels of oil, which makes it the uks largest untapped oil field. The plan has faced widespread criticism. Last month, 50 mps and peers from all major parties raised concerns the oilfield could produce 200 Million Tonnes of carbon dioxide. So, the oil and gas that we get out of rosebank, it will be mostly oil because that is mostly what is left in the north sea. That wont be owned by the British Public or the government, it will be owned by the company that gets it out of the ground, the oil and Gas Companies, and they will simply sell it to the highest b...

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 p...

Is expected to produce the equivalent of 300 Million Barrels of oil during the expected 25 year lifetime of the project. But the decision is controversial because of its impact on Climate Change last month 50 mps and peers from all major parties raised concerns the oil field could produce 200 Million Tonnes of carbon dioxide. Alexandra mackenzie reports. North sea oil is again at the centre of economic, political and climate debate. The long discussed rosebank Oil And Gas Field is run by the norwegian state energy firm, equinor. It says this will bring massive investment and jobs to the uk. Th...

Hello, im matthew amroliwala, welcome to verified live, three hours of breaking stories and checking out the truth behind them. The us soldier travis king who was being held in north korea is back in us custody. Us Media Reports say he is now in china. Hours earlier, north korea said it would deport private king who ran into the country across the Demilitarized Zone injuly. He had been due to be flown to the us to face military Disciplinary Proceedings when he escaped his escort and entered north korean territory. Live now to our washington correspondent gary odonoghue. In terms of the very la...