Tag: Arctic Oil
Ban on new Arctic drilling gives Canada leg up -U.S. lawmakers
Canadian ban on Arctic drilling to be reviewed in five years, US ban indefinite OTTAWA, Dec 21 (Reuters) – U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa’s plan to review its ban every five years gives Canada a leg up on energy exploration. U.S. President Barack Obama on […]
Arctic offshore lease sales halted, no extension on current leases: Interior Dept
Market conditions poor, low interest in Arctic offshore lease sales ANCHORAGE, Alaska – The Interior Department announced Friday it is cancelling future lease sales and will not extended current leases in Arctic waters off Alaska’s northern coast, a decision that significantly reduces the chances for future Arctic offshore drilling. The news follows a Sept. 28 announcement by […]
Shell drilling vessels leave Arctic waters after company ends oil exploration off Alaska
Shell spent $7B on Arctic offshore exploration ANCHORAGE, Alaska – Vessels used by Royal Dutch Shell PLC to drill for oil off Alaska have safely departed Arctic waters. The company announced Sept. 28 it would cease further exploration in the Chukchi and Beaufort seas after spending upward of $7 billion on Arctic offshore exploration. Disappointing results from […]
Shell Arctic offshore drilling abandoned after disappointing results
Shell Arctic offshore drilling program in Chukchi, Beaufort seas cost company over $7 billion ANCHORAGE, Alaska – Royal Dutch Shell Arctic offshore drilling has been called off following disappointing results from an exploratory well backed by billions in investment and years of work. The announcement was a huge blow to Shell, which was counting on offshore drilling […]
Shell Arctic drilling fleet heads to Alaska, company awaits final permits
Shell Arctic drilling opponents question process ANCHORAGE, Alaska – One Royal Dutch Shell offshore drill rig is headed to Alaska and a second is poised to leave, despite lacking final federal permits that would allow exploratory drilling and possible confirmation of rich oil reserves under the Chukchi Sea. A spokesman for Royal Dutch Shell PLC said that’s routine. […]
Five Arctic offshore drilling protestors arrested at Seattle port
Arctic offshore drilling protestors tried to prevent ship from heading to Alaska Five activists protesting Royal Dutch Shell’s Arctic offshore drilling plans were arrested Tuesday morning after blocking entrances to a Seattle port where its oil rig is parked. The activists tried to block work at the port to prevent the ship from heading to the waters off […]
Some answers concerning Shell Arctic offshore drilling
Shell Arctic offshore drilling exploration rig staged in Seattle Royal Dutch Shell is planning to park two massive Arctic oil drilling rigs in Seattle’s waterfront before they head north, but the petrochemical giant will first have to get around protesters in kayaks and others who want to thwart the new frontier in oil exploration and spark […]
Shell Arctic offshore drilling regulatory filings investigation sought
Advocacy groups file petition concerning Shell Arctic offshore drilling Two groups petitioned the U.S. Securities and Exchange Commission on Monday for an investigation of Royal Dutch Shell PLC and what the groups call misstatements in regulatory filings regarding the risk of a catastrophic oil spill from Arctic offshore drilling. The petition was filed Monday by Oceana […]
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