Potentially adding its name to the line of claimants, Royal Dutch Shell Plc (RDSa.L) idled seven rigs and took a $56 million charge related to the drilling ban on Thursday. Saying the ban would reduce its production by almost 3 million barrels this year, the company did not rule out reclaiming the cash from BP. Shell, one of the biggest oil producers in the Gulf of Mexico, said it had idled rigs rather than move them elsewhere because the ban's six-month duration meant it was not profitable to redeploy them to other areas.
Shell is among companies that have said theyre still considering whether to continue their investments, he said. New sanctions adopted this month by the European Union probably will accelerate Shells decision, he said.
NEW ORLEANS BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its effort to repair the company's badly damaged reputation.
A number of people in Europe and the USA have reported a problem loading up this website.
They say that the right hand columns do not appear.
That problem has hopefully now been resolved.
Boots & Coots specialists among 5 killed in blast during battle with Syrian blowout.