ONE of the biggest players in the North Sea oil industry paid out nearly £100 million in profits to an Israeli firm linked by the UN to illegal settlements just weeks after the UK Government announced new sanctions on projects in the West Bank.
Aberdeen-based Ithaca Energy, which has stakes in six of the UK’s 10 largest oil and gas fields and also holds a 20% stake in Rosebank, announced in August it would be paying out almost £200m in dividends to its shareholders.
