Plans for controversial Cambo oil field put on 'pause'

James Murray
clock • 2 min read
Plans for controversial Cambo oil field put on 'pause'

Developer Siccar Point Energy confirms it is 'pausing' the project after Shell concludes economic case is not strong enough

Controversial plans to develop a major new oil field off the coast of Shetland have reportedly been shelved, following oil and gas giant Shell's decision last week to pull out of the project. Shell...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Vital Energi acquires mothballed Teesside waste-to-energy facility following £175m fundraise

Vital Energi acquires mothballed Teesside waste-to-energy facility following £175m fundraise

Company plans to convert biomass plant that has been dormant since 2019 into an operational plan capable of producing up to 30MW of low carbon electricity from waste

Stuart Stone
clock 20 November 2025 • 2 min read
Greener Grid Park: Statkraft starts work on £100m grid stability project

Greener Grid Park: Statkraft starts work on £100m grid stability project

Largest grid stability project to date to strengthen grid resilience without relying on traditional fossil fuel plants

James Murray
clock 12 November 2025 • 2 min read
Survey: Businesses view energy security as key enabler of clean energy transition

Survey: Businesses view energy security as key enabler of clean energy transition

But global poll of business leaders and policymakers also reveals falling confidence that 2030 climate goals will be met

Michael Holder
clock 27 October 2025 • 3 min read