Rosebank owners post billions in profits to fury of climate campaigners

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Rosebank owners post billions in profits to fury of climate campaigners
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ROSEBANK owners Equinor have once again posted billions in profits - to the fury of climate campaigners.

Environmental campaigners said the firm was adding “insult to injury” with its huge profits as parts of Scotland continue to suffer from extreme weather caused by climate breakdown.

The field, which lies north-west of Shetland, contains up to 350 million barrels of oil and is expected to be in operation for decades. Campaigners calculated that the same amount of money could cover retrofitting every home in the north east of Scotland with insulation and clean heating systems.Alex Lee, Friends of the Earth Scotland climate campaigner, said: “Companies like Equinor are directly responsible for driving climate breakdown through their relentless extraction of oil and gas.

“Equinor is a greedy fossil fuel company as demonstrated by their plans to open the huge Rosebank oil field and their involvement in the plans to increase pollution at the Peterhead gas-fired power station. “The gas production from the Norwegian continental shelf was impacted by planned maintenance and extended turnarounds.We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.

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