Shell and Equinor UK to team up on new North Sea oil and gas venture

James Murray
clock • 4 min read
Shell and Equinor UK to team up on new North Sea oil and gas venture

Fossil fuel giants say joint venture will enable cost-competitive approach to maturing basin, but green campaigners argue the move reveals an industry in 'terminal decline'

Shell and Equinor UK have today announced plans to combine their UK offshore oil and gas assets to form a new joint venture that will become the biggest independent fossil fuel producer operating in the...

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

Government to fast-track delivery of UK's first two new reservoirs in 30 years

Government to fast-track delivery of UK's first two new reservoirs in 30 years

Proposed new reservoirs in Lincolnshire and East Anglia declared 'Nationally Significant Infrastructure Projects', in a move from Defra to try and speed up the planning approval process

clock 28 May 2025 • 3 min read
Plans unveiled for £170m building insulation factory in North Wales

Plans unveiled for £170m building insulation factory in North Wales

Government welcomes plans from Knauf Insulation for factory capable of producing more than 100,000 tonnes of rock mineral wool insulation each year

Michael Holder
clock 20 May 2025 • 2 min read
The Green Heat Network Fund: Over £100m awarded to new district heating projects

The Green Heat Network Fund: Over £100m awarded to new district heating projects

Projects in Bristol, Derby, Warrington, the Olympic Park, and Westminster all set to benefit from latest wave of green heat grants

James Murray
clock 15 May 2025 • 3 min read