British oil major Royal Dutch Shell Plc (RDSa.L:Quote, Profile, Research, Stock Buzz) confirmed on Sunday that the company and its partners have withdrawn from a major UK wind energy project.
Posts on ‘December 7th, 2008’
Shell consortium to pull out of UK wind project
NOVEMBER 2008 EMAIL CORRESPONDENCE WITH RICHARD WISEMAN, CHIEF ETHICS & COMPLIANCE OFFICER, ROYAL DUTCH SHELL PLC
We also have the possibility that the radioactive contamination resulted from the arms which according to a very reliable knowledgeable source, Mr Gerald James, passed through the Earley terminal persuadably as part of Shells involvement in the oil-for-arms trade.
Shell to quit wind projects
Less than a month ago, Shell denied a Sunday Times report that it had exited the project. However, on Friday the company confirmed that it had no plans for further investment in the UK wind sector.