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SHEL Shell Plc

2,898.50
40.00 (1.40%)
Last Updated: 08:32:05
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  40.00 1.40% 2,898.50 2,898.00 2,898.50 2,906.00 2,881.50 2,889.00 793,180 08:32:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.59 185.68B

Shell Drops Plans to Develop Cambo Oil Field, Sky News Reports

03/12/2021 6:29am

Dow Jones News


Shell (LSE:SHEL)
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From May 2021 to May 2024

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--Royal Dutch Shell PLC has dropped plans to develop the North Sea Cambo oil project off the Shetland Isles, Sky News reports.

--The oil giant scrapped its plans after concluding the economic case wasn't strong enough, though the project was a focal point for environmental campaigners, Sky News reports.

--Shell co-owned the field with 70% owner and operator Siccar Point Energy Ltd., which separately confirmed Shell wouldn't progress its investment, Sky News reports.

 

Full story: bit.ly/3pm7MpM

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

December 03, 2021 01:14 ET (06:14 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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