Ithaca Energy considers UK investment halt over Rosebank
Ithaca Energy threatens to halt its investments in Britain if the government does not approve the development of the Roxborough field in the North Sea, where it holds a 20% stake. The project is facing regulatory delays following previous cancellations due to environmental concerns. This warning comes amid the British government's hesitation in making decisions on energy projects in the region, amid competition from Canada and the company's international expansion beyond the UK market.
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