Cambo

An oil project off the coast of Scotland that had become a test of Britain’s environmental credentials was shelved by its main owner on Friday.The decision to halt Cambo, as the oil field is known, is a huge win for environmental groups…

The company behind the controversial Cambo oil field has said work on the project is being paused - after oil giant Shell pulled out last week.Siccar Point, which owns 70% of the North Sea project off Shetland, said it would…

Oil giant Shell has scrapped plans to develop the controversial Cambo oil field in the North Sea.The project has become a focal point for campaigners seeking to stop the development of new oil and gas resources as Britain…

The main owner of the controversial Cambo oil field has highlighted in a company presentation that it is not due to pay tax for "for many years" on its projects in the North Sea due to the UK's "attractive" tax regime.UK-based…

NORTH Sea industry leaders have mounted a spirited defence of the oil and gas sector warning that curbs on UK production would only increase reliance on imports and disrupt the energy transition. Amid calls by campaigners for the…

INDEPENDENT advisers have warned there must be a “very, very, very strong” justification for approving new oil and gas projects as the Conservatives’ argument to back the controversial Cambo plans have been criticised. The UK…

Development work at the site of the proposed Cambo oil field has been delayed until next year, it has been confirmed. Jonathan Roger, chief executive of Siccar Point Energy, said “operational issues” and a “closing weather window” in…

THE UK Government’s statutory climate advisers have warned that Conservative ministers’ reasoning for supporting the controversial Cambo oil field “does not justify” investing in fossil fuel projects. Shell and Siccar Point Energy…

NICOLA Sturgeon has been accused of being “motivated primarily by the constitution, not the climate” in her attempt to intervene in the Cambo oil field row. The First Minister wrote to the Prime Minister on Thursday after facing…

Nicola Sturgeon is among politicians asking Boris Johnson to reassess plans regarding the oil field in light of the climate crisis we face. It comes as the Intergovernmental Panel on Climate Change (IPCC) published a report earlier…