News listings
New Ad Position

energy-pedia general news

Netherlands flagNetherlands

Europe / Caspian / CIS >>> Netherlands

Netherlands: Dutch court hearing pits Big Oil against Groningen locals

16 Jul 2017

Photo - see caption
Photo - see caption

Angry Dutch residents living near the huge Groningen gas field demanded a total halt to production, accusing oil companies of causing house-damaging earth tremors and the government of lying at a hearing in the Netherlands' highest court on Thursday.

Two days of proceedings at the Council of State is considering appeals against a government plan to curb production at the massive field by an additional 10 percent from Oct. 1.

Residents want extraction at the field, which once supplied 10 percent of the European Union's gas needs, to be stopped altogether due to minor earthquakes that have damaged thousands of homes and buildings.

Gas production company NAM, a joint venture between oil majors Royal Dutch Shell and Exxon Mobil, has accepted responsibility for damage caused by the quakes, for which it is paying more than 1 billion euros ($1.14 billion).

However, opponents accused NAM and the Dutch Ministry of Economic Affairs, which sets production levels, of underestimating the dangers.

Click here for full Reuters article

Source: Reuters

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Publicly Available Deals

See all deals...

Subscriber Only Deals

Current deals: 1646
Completed deals: 4633

Company Profiles

Current Company Profiles: 2505

Corporate Activity

Current Corporate Activity articles: 2909

Companies Looking

Current number of articles: 415

Company Sales

Current Company Sales articles:1166


Current Geostudies articles: 515

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

KL Publishing
Rose & Assocs 149
EP Consult Energies
Union Jack Oil 149
Government of South Australia
Lynx Information Systems
SLR Consulting logo
RSK Logo 149
Polarcus Logo 149
count geophysics
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675