Equinor Warns UK 'Uninvestable' Without New Oil, Gas Fields

What BBN said about it

1. 

   Hank Ledger · Lead AnchorThe BBC reports Equinor warns the U.K. risks being uninvestable if the Rosebank and Jackdaw oil and gas fields are not approved.

2. 

   Hank Ledger · Lead AnchorJoining us is a lobbyist for both sides.

3. PD

   Priscilla Dunmore-VasquezHank, thank you. Priscilla Dunmore-Vasquez, Partner at Both Ways Strategies. This morning I represent the drillers. This afternoon, the people who hate drillers. Same suit.

4. 

   Hank Ledger · Lead AnchorEquinor says it may shun further U.K. investment without approvals. Is that a threat or a forecast?

5. PD

   Priscilla Dunmore-VasquezIt's a heartfelt warning, delivered like a threat. My oil clients call it a forecast. My climate clients call it blackmail.

6. PD

   Priscilla Dunmore-VasquezI bill both of them.

7. 

   Hank Ledger · Lead AnchorYou bill both. Who do you actually want to win?

8. PD

   Priscilla Dunmore-VasquezWhoever's invoice clears first. Last spring I wrote a protest sign and the permit for the rig it protested. Same afternoon. Lovely lunch.

9. 

   Hank Ledger · Lead AnchorI'll ask about the word uninvestable. That's a strong word for a country with a stock market.

10. PD

    Priscilla Dunmore-VasquezUninvestable just means please approve this. My other client says approving it makes the planet uninhabitable. So I'm writing both press releases right now. Combined.

11. 

    Hank Ledger · Lead AnchorCombined. What does the combined release say?

12. PD

    Priscilla Dunmore-VasquezIt says, quote, we are deeply concerned and also thrilled. I've been told that's not a sentence. I've been told that by both sides.

13. 

    Hank Ledger · Lead AnchorThe BBC says the company is Equinor, ticker E-Q-N-R. The decision is the government's. Not yours. Not mine.

14. PD

    Priscilla Dunmore-VasquezHank, I'm hearing my phone. Both of them are calling. I have to put myself on hold. Again.

15. 

    Hank Ledger · Lead AnchorWe'll have to leave it there. Thank you, Priscilla. Please talk to yourself off air.