UPSTREAMONLINE.COM
A joint venture between Shell and ExxonMobil said on Wednesday it will file an appeal against a Dutch government plan to lower a production cap at the Groningen natural gas field by a further 10%. The 50-50 ExxonMobil-Shell joint venture, known as NAM, said it has been left in an impossible position by being told it may continue production - vital to supply homes with gas - without guarantees it is meeting safety standards. It also opposes the latest, lowered production cap.
Read more>
A joint venture between Shell and ExxonMobil said on Wednesday it will file an appeal against a Dutch government plan to lower a production cap at the Groningen natural gas field by a further 10%. The 50-50 ExxonMobil-Shell joint venture, known as NAM, said it has been left in an impossible position by being told it may continue production - vital to supply homes with gas - without guarantees it is meeting safety standards. It also opposes the latest, lowered production cap.
Read more>