Equinor warns UK could become 'uninvestable' if Rosebank and Jackdaw are not approved
Equinor has warned that the UK could become less attractive for future investment if the government does not give final approval to the Rosebank and Jackdaw oil and gas fields. Anders Opedal, the chief executive of the Norwegian state-backed company, said the firm would have to take a hard view on its future spending in Britain if the projects were rejected. The warning comes as ministers prepare to decide whether to allow the developments to proceed.Opedal said the question for the company was whether the UK would remain investable in the future, adding that he hoped it would not come... [Continue Reading]
360LiveNews | 07 Oct 2026 01:03 LONDON
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Ireland to reduce carbon tax on home heating oil and gas
Ireland's finance minister has said the carbon tax on home heating oil and gas will be reduced, with no further increase planned for the rest of the current government's term. Simon Harris said the change applies to kerosene and natural gas, which he said have become a heavy burden for many families facing higher heating costs and limited alternatives. He said the decision was being taken in response to those pressures, adding that the government could not fully absorb the impact of the Middle East conflict.The current rate on both fuels is €63.50 per tonne of carbon dioxide, and it... [Continue Reading]
360LiveNews | 06 Oct 2026 14:37 LONDON
