ROSEBANK owner Equinor have once again posted billions in profits – to the fury of climate campaigners.
The Norwegian fossil giant – which has the controlling stake in the huge oil field development in the North Sea – posted profits of £6.6 billion for the past three months.
During the last quarter, the state-owned oil firm posted pre-tax profits of £5.8 billion.
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.
Last week, Storm Babet caused flooding that hit towns across north-east Scotland, with some evacuated residents in Angus told they would not be back in their homes by Christmas.
In September, the UK Government gave the green light for the Rosebank development to go ahead, despite fury from campaigners and across the political spectrum.
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.
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