Smart news and commentary… where Paris and Brittany only appear as travel destinations. By EU-based, US journalist Denis Campbell and colleagues.

Posts Tagged ‘£4 billion pound quarterly profit’

Oil Company Abandons Wind for… More Oil!

By Denis Campbell • Aug 19th, 2008 • Category: Green

 (reprise article)
Surprise! Royal Dutch Shell abandoned its 33% stake in the London Array off the coast of Kent, the world’s largest wind harnessing project and at the same time announced it was making a major investment in Canadian Oil exploration.
In an official corporate statement reported originally in The Guardian, Shell said “the decision to sell [...]