Today news
About the same in other media
Shell U-turn on Cambo could mean end for big North Sea oil projects
Reading now: 735
Shell’s decision to back out of plans to develop the Cambo oilfield could signal the “death knell” for new large-scale North Sea projects as the UK’s tougher climate agenda prompts oil companies to retreat from the ageing oil basin.
Industry sources have said that Shell’s project partner, the private-equity backed Siccar Point, would struggle to find a partner to take on Shell’s 30% stake in the new oilfield which has provoked outrage among green campaigners.
Shell’s retreat has cast doubt over
Read more on theguardian.comAbout this in other media
Sergei Tikhanovskaya, the husband of Belarus opposition leader Svetlana, given 18-year jail term euronews.com /2 years ago
UK unemployment rate falls despite end of job furlough scheme theguardian.com /2 years ago
Amazon to sell low-cost PCR Covid tests for UK travellers theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
