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Siccar Point Energy

Chancellor urges UK financial regulators to back Energy Security Strategy

Infrastructure

Chancellor urges UK financial regulators to back Energy Security Strategy

Rishi Sunak calls on Bank of England to encourage financial sector to back domestic oil and gas production 'where practical and relevant'

clock 08 April 2022 • 6 min read
Plans for controversial Cambo oil field put on 'pause'

Infrastructure

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

clock 10 December 2021 • 2 min read
'The economic case for investment is not strong enough': Shell backs out of Cambo oil project

Energy

'The economic case for investment is not strong enough': Shell backs out of Cambo oil project

Future of controversial North Sea development unclear after minority shareholder Shell backs out citing weak investment case

clock 03 December 2021 • 5 min read
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