- The NAM joint venture between Royal Dutch Shell (RDS.A, RDS.B) and Exxon Mobil (NYSE:XOM) says it will appeal against the Dutch government's plan to lower a production cap at the Groningen natural gas field by another 10%.
- The 50-50JV says it has been left in an impossible position by being told it may continue production - vital to supply homes with gas - without guarantees that it is meeting safety standards.
- The Dutch government has lowered production at Groningen several times over the past three years due to small earthquakes triggered by work there.