# Cabinet war rages over Rosebank as Chancellor’s Budget ‘assumes North Sea oil scheme will be approved’

- URL: https://talkfuse.com/story/cabinet-war-rages-over-rosebank-as-chancellors-budget-assumes-north-sea-oil-scheme-will-be-approved/
- Published: 2026-10-28T10:42:31+00:00
- Updated: 2026-10-28T10:48:44+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16245289/Cabinet-war-rages-Rosebank-Chancellor-Budget.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Government, Politics, World

## Key points

- Budget forecasts reportedly count on Rosebank being approved.
- Energy Secretary Miatta Fahnbulleh says the decision is hers alone.
- A planned £2 billion fund would back low-carbon projects.

## Summary

The Budget’s economic forecasts are reported to assume that the Rosebank oilfield will be approved and generate tax revenue, even though Energy Secretary Miatta Fahnbulleh has not yet decided its future. The issue risks deepening Cabinet tensions because Fahnbulleh says the decision is hers alone, while Chancellor John Healey and Prime Minister Andy Burnham are described as supportive of North Sea drilling.

Healey plans to set out how North Sea oil and gas tax revenues would help fund a £2 billion energy wealth fund for renewable and low-carbon projects. The North Sea Transition Authority’s revenue estimates, used by the Office for Budget Responsibility, reportedly include some unapproved projects. Fahnbulleh has cited the legal sensitivity of the decision and the need for a proper process; Conservatives are calling for Rosebank’s approval, new licences and the removal of the energy profits levy.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.