Progressive News and Commentary from the UK, EU and US by Europe-Based US Journalist Denis Campbell and Colleagues.

Friday
5 December, 2008

Posts Tagged ‘London Array’

Oil Company Abandons Wind for… More Oil!

By Denis Campbell • Aug 19th, 2008 • Category: Business Issues
 (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 [...]