Britain Approves New Gas Drilling in the North Sea
Published . Updated .
The project will lessen the country’s dependence on imported energy, though environmental advocates say it undercuts a pledge to reduce carbon emissions.
Directly affected
- No company is named in this report.
Indirectly affected
- ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
- MATX Matson
Container lines are exposed when a shipping lane is disrupted
- DAC Danaos
Ship owners earn more when vessels are tied up longer
- GSL Global Ship Lease
Ship owners earn more when vessels are tied up longer
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- SBLK Star Bulk Carriers
Dry-bulk carriers move with commodity shipping demand
- GOGL Golden Ocean
Dry-bulk carriers move with commodity shipping demand
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
Price reaction, T-5 to T+3
The project will lessen the country’s dependence on imported energy, though environmental advocates say it undercuts Britain’s pledge to reduce carbon emissions.
Source: The New York Times
How solid the shipping case looks
12 out of 100
“Britain Approves New Gas Drilling in the North Sea” scores 12 out of 100. The score uses 1 sources.