An effort to give the United States a new source of domestic oil and refill the trans-Alaska pipeline took a hit Wednesday when Royal Dutch Shell PLC announced it will suspend offshore petroleum drilling in the Arctic Ocean for 2013. Shell drilled last year in both the Chukchi Sea off Alaska’s northwest coast and in the Beaufort Sea off the state’s north coast.
A Dutch court on Friday rejected a bid by oil multinational Royal Dutch Shell to ban Greenpeace from protesting near its property on pain of a huge fine, saying such groups had a right to inform the public.
“Future Greenpeace actions against Shell cannot be banned in advance provided that they remain in a certain framework,” the Amsterdam court ruling said in response to Shell’s Sept. 21 suit.
The stars lined up — almost — for Shell Oil to drill exploratory wells this year in waters off Alaska’s north coast.
The Arctic Ocean was on record pace for low sea ice. The Obama administration gave a qualified green light to drilling. Two drill ships and a flotilla of support vessels were staged off prospects.
For more than a decade, the world’s biggest liquefied natural gas producers led by Royal Dutch Shell Plc (RDSA) plotted how to move their $170 billion industry onto barges at sea to tap remote fields. Now they’re finally doing it.
Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, was forced to scrap plans to drill for oil off Alaska this year after a containment dome designed to cap a spill was damaged.
The need for repairs won’t leave enough time to drill deep enough to find oil this year, The Hague-based Shell said today in a statement. It will instead drill a number of so-called top holes, preparing the way for a renewed exploration campaign next year.
Shell plans to spend about $200 million under an agreement with Ukrainian gas producer Ukrgazvydobuvannya to drill three gas exploration wells in the Kharkiv Region, the head of Shell’s operations in the country, Graham Tiley told reporters. He said that under the joint operations project, Shell is obligated to spend about $200 million on drilling [...]
Oil giant Royal Dutch Shell is set to invest more than $300 million to build out a series of liquefied natural gas filling stations at America’s biggest chain of truck stops. According to James Burns, Shell’s manager of LNG transportation fuels, the oil and gas giant will pay the costs of setting up 200 LNG pumps at 100 locations in the Travel Centers of America chain.
Environmental activists staged an elaborate internet hoax this week in protest of Shell’s plans to drill in Arctic waters off Alaska, fooling thousands of viewers including some media outlets. The hoax started with a video purporting to show a public relations event hosted by Shell at the Space Needle in Seattle, where the ice-class drilling barge Kulluk and drillship Noble Discoverer are docked awaiting deployment to Alaska.
Royal Dutch Shell PLC Monday said it was exiting its Libyan exploration blocks amid insecurity and harsh contracts, the first such move since Gadhafi’s overthrow. The Anglo-Dutch giant insisted it was still interested in the country, which holds Africa’s largest oil reserves
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