Dutch oil company NAM is scrapping 400 of its 2,200 jobs this year, a spokesperson for the company confirmed on Tuesday. All leaving employees are making use of a voluntary redundancy scheme
The Dutch state is also "fully liable" for damage caused by gas extraction earthquakes in Groningen, the court in Assen ruled
Marjan van Loon, CEO of Shell Nederland, wants to use natural gas revenues from Groningen for a "delta plan" for the transition to green energy and for the local economy, she said in an Interview with the Financieele Dagblad. Though she adds that the Netherlands must continue gas extraction for as long as possible.
Scientists at TU Delft sharply criticized the conclusions of a study into the risk of earthquake damage to homes and buildings on the edge of the Groningen gas field. The scientists found that the number of buildings examined in the study was too small to make a general statement or draw a conclusion
The Dutch government again became poorer last year due to the declining value of oil- and gas reserves, Statistics Netherlands announced on Tuesday. According to their figures, the government's wealth (assets minus liabilities) dropped by 20 million euros last year. In 2014 it dropped by 60 million euros.
Minister Lodewijk Asscher of Social Affairs and Employment believes a large earthquake-proofing operation to homes and buildings in Groningen can create thousands of new jobs in the area. On Monday he visited the earthquake stricken area and signed an intention declaration stating that all parties used in the strengthening operations will be Groningen residents
The government will likely make a decision on the future of gas extraction in Groningen by Friday, Minister Henk Kamp of Economic Affairs said after a meeting in Groningen with local government and social organizations on Tuesday
Natural gas extraction in earthquake ridden Groningen may soon fall even further, to 25 billion cubic meters a year, the Telegraaf reports based on its own sources.
In 2005 the Ministry of Economic Affairs made secret deals with oil and gas companies Shell ad Exxon about gas extraction in Groningen. These agreements were never shared with parliament, broadcaster NOS reports based on documents retrieved with the Freedom of Information Act.