© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

Work on Cambo oilfield paused after Shell withdrawal

Firm says project off Shetland cannot proceed on originally planned timescale and it will assess next steps

Work on the Cambo oilfield off Shetland is being paused, its developers have said, plunging the future of oil exploration in the area into doubt.

Shell, which had been planning to develop the field with the private equity-backed fossil fuel explorer Siccar Point Energy, pulled out of the project last week after fierce opposition to it from environmental activists.

Continue reading…

Related posts

Revealed: cabinet split over NHS pay disputes piles pressure on Sunak

AEA3

The Tory leadership race is not just a political battle – it’s religious warfare | Rafael Behr

AEA3

The pain may be partially postponed, but Hunt’s statement will win him few friends

AEA3