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Watch out for those oil/gas related equities: Rosebank approved.

CrashCrash
edited September 2023 in Other Investing
U.K. gov't just approved development. The Rosebank field is off the northwest coast of the Shetlands, way the hell up North.

Equinor stock is way up. Ithaca is soaring. (20% stake. Equinor = 80%.)
Because I own some, I note that Tenaris (TS) is up +0.91%, pre-Market here in the States. (Maker of oil/gas pipes, particularly for offshore production. HQ in Luxembourg.)
https://www.cnbc.com/2023/09/27/worlds-fastest-growing-economy-guyana-could-grow-100percent-in-5-years.html
OOPS. Wrong link. Here it is.
https://www.cnbc.com/2023/09/27/uk-gives-approval-for-controversial-rosebank-oil-and-gas-field-development.html

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