UK's Largest Undeveloped Oilfield Faces Uncertain Future

The U.K.’s controversial Rosebank oilfield, which was approved for development in the North Atlantic in September 2023, by the former Conservative government, has faced severe delays as environmentalists battled to block the development. In January, after over two years of waiting, an Edinburgh court deemed the project unlawful. The Labour government must now decide whether to re-approve Rosebank, following an assessment of the potential environmental impact of the project.   The former Conservative government approved the giant…