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Episode details

World Service,03 Dec 2021,26 mins

Shell pulls out of Cambo oil field development

World Business Report

Available for over a year

Shell has pulled out of the controversial Cambo oil field development west of Shetland. The oil giant said that developing the field was uneconomical, and we get the background to the decision from Jane Rangal, who is an oil and gas analyst with Energy Aspects. Also in the programme, the US economy added a weaker than expected 210,000 jobs in November. The BBC's Michelle Fleury talks us through the latest data, and Mike Johnson reports on what's been described as the Great Resignation, where people are quitting their jobs in record numbers, and asks whether it is a permanent change in how we think about work. Plus, a new $6bn high speed rail link has opened between China and the capital of Laos, Vientiane. Ruth Banomyong is professor of logistics at Thammasat Business School in Bangkok, and discusses the implications. Today's edition is presented by Rahul Tandon, and produced by Joshua Thorpe, Matthew Davies and Philippa Goodrich. (Picture: A North sea oil platform. Picture credit: Getty Images.)

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