Environmental groups have accused the government of “hypocrisy” after it emerged that ministers are set to approve the development of a new North Sea oil field just months before Britain hosts the Cop26 climate summit. The Cambo heavy crude oil field off the coast of the Shetland Islands contains over 800 million barrels of oil. Under proposals submitted to the government, developers expect to extract 150-170 million of these barrels — equivalent to operating 16 coal-fired power stations for a year. The Cambo oil-field, co-owned by Siccar Point Energy and Shell, is due to start drilling in 2022 if approved. The site is expected to produce oil and gas until 2050, by which time Britain has pledged to be net carbon neutral.
Independent 18th July 2021 read more »
Hundreds of protesters will gather at Holyrood today to demand that plans for a new oilfield in the North Sea are dropped. The Cambo oilfield off the Shetland Islands, 30 per cent owned by Shell and 70 per cent by the private equity company Siccar Point Energy, contains the equivalent of more than 800 million barrels of oil. In its first phase the project expects to extract 150-170 million barrels, which environmentalists say would create emissions equivalent to operating 16-18 coal-fired power stations for a year.
Times 19th July 2021 read more »