Tue, 21-Oct-2025

Shell exits controversial Cambo oilfield project

Shell exits controversial Cambo oilfield project

LONDON: Energy giant Royal Dutch Shell has announced its exit from the proposed development of Cambo oilfield off the Shetland Islands, a project which has been blighted by climate protests. Shell, which has a 30 per cent interest in the development off the western coast of Scotland, said on late Thursday that the investment case … Read more

Shell exits North Sea oilfield project

LONDON – Royal Dutch Shell has exited the planned Cambo oilfield project off the Scottish coast because of insufficient financial gain, as energy firms face fierce pressure to switch to greener fuels. Shell, which has a 30-percent interest in the North Sea development, said late Thursday that the investment case was simply “not strong enough”. … Read more