News
03 December 2021

Shell pulls out of Cambo oilfield project

In:
Oil & gas
Region:
Europe

Shell has pulled out of a controversial new oilfield off the Shetland Islands, plunging the future of oil exploration in the area into doubt. The company,which was planning to exploit the field along with the private equity-backed fossil fuel explorer Siccar Point, cited a weak economic case as...

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