UK grants controversial North Sea oil and gas output

Britain on Wednesday authorised oil and gas production in its largest undeveloped field to boost energy security, one week after diluting net zero targets, triggering more condemnation by green groups.

Norwegian oil and gas producer Equinor and Ithaca Energy, a subsidiary of Israeli group Delek, will together invest $3.8 billion in developing the field situated in the North Sea off the coast of Scotland.