--The Netherlands' top administrative court dismissed a government plan to limit production at a major gas field in Groningen operated by NAM, the Royal Dutch Shell and ExxonMobil joint venture, Reuters reports.

--The court said it was "unacceptable" to potentially keep production unchanged for five years when it could be possible to cut demand further, meaning the government will need to draft a new plan, according to Reuters.

--NAM said the ruling supports its view that a safe level of production can be determined with the appropriate models, while Groningen residents affected by earthquakes stemming from the gas field also lauded the decision, Reuters reports.

Full story: http://reut.rs/2iXe6BO

 

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(END) Dow Jones Newswires

November 15, 2017 10:41 ET (15:41 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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