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Shell U-turn on Cambo could mean end for big North Sea oil projects

Summary by Ground News
Shell’s retreat has cast doubt over the future of the project. Industry sources claim it raises fresh doubts over future large-scale oil projects. Shell scrapped the Cambo project after the government made clear it would need to meet certain “climate concessions” to win approval.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

The GuardianThe Guardian
Lean Left

Shell U-turn on Cambo could mean end for big North Sea oil projects

Industry sources say Siccar Point will struggle to find new partner to take on Shell’s 30% stake in oilfield

·London, United Kingdom
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Bias Distribution

  • 100% of the sources lean Left
100% Left

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The Guardian broke the news in London, United Kingdom on Friday, December 3, 2021.
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