What are the Rosebank and Jackdaw oil and gas fields – and will they lower UK energy bills?

• The UK government is set to make an imminent decision regarding the development of the controversial Jackdaw gas field and Rosebank oil field in the North Sea.
• Both projects were initially approved in 2022 and 2023 but were later ruled unlawful by courts for failing to account for the climate impact of burning extracted fuels.
• Energy Minister Miatta Fahnbulleh confirmed all details have been reviewed, with final decisions expected shortly amidst rising household energy costs.
• An Oxford Smith School study indicates that maximising North Sea oil and gas extraction would yield minimal savings for households compared to switching to clean energy.
• Developer Adura warned that refusing licences could cost the UK economy £10.8 billion, though environmental campaigners have dismissed claims that further drilling improves energy security.

IN FULL

Andy Burnham says decision on Rosebank and Jackdaw coming ‘shortly’. But will it lower UK energy bills?