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Shell’s Groningen Hangover: Dutch State and NAM Clash Over a €789 Million Earthquake Bill
Summary by Royal Dutch Shell Plc .Com
2 Articles
2 Articles
May the Dutch State charge hundreds of millions of euros to NAM to make the company contribute to gas extraction damage in...
Shell’s Groningen Hangover: Dutch State and NAM Clash Over a €789 Million Earthquake Bill
If you ever needed a case study in how fossil fuel profits can turn into long-term liabilities, look no further than Groningen — where the bill for decades of gas extraction has finally landed… and nobody wants to pay it. This week, the Dutch state and Nederlandse Aardolie Maatschappij (NAM) — the Shell-Exxon joint venture that once turned Groningen into Europe’s gas powerhouse — faced off in court over who should cover hundreds of millions of e…
Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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