Britain's $47 Billion North Sea Oil Decision Hangs in the Balance

Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs that he would take a “pragmatic approach” on oil and gas drilling amid calls from energy bosses for drilling to go ahead at the two sites, which were blocked by Scottish courts on environmental grounds in 2024. The energy secretary, Miatta Fahnbulleh, is expected to make a decision on whether to give…