A Norway-based company is reportedly threatening to pull its funding of a new £4.5bn oil extraction project off the coast of Scotland in protest of the British government’s windfall tax on energy company profits.
Norwegian state energy company Equinor has privately revealed to its industry contacts that it’s reconsidering its plan to drill for oil and gas in the North Sea, in the Rosebank field near the Shetland Islands, according to The Telegraph.
