07
JUN
2016

Shell Sounds North Sea Alarm Over Brexit Poll

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Britain’s biggest oil company will this week sound a renewed warning about the risk that a UK exit from the European Union (EU) could trigger a second Scottish independence referendum.

It is understood that Royal Dutch Shell executives are expected to use a presentation to investors on Tuesday to highlight the company’s concerns that an independent Scotland would be unable to support the North Sea’s huge decommissioning costs during a period when many platforms are being decommissioned.

Sources close to Shell said the issue was likely to be highlighted if raised by shareholders at a capital markets day that will provide the City with fresh details of the company’s strategy in the wake of its £35n takeover of BG group.

For the full article from Sky News, please click here.

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