I caught up with Peter Voser, the chief executive of Royal Dutch Shell, this week at the IHS Cera annual energy conference in Houston, and he gave me an earful…
March 9, 2012, 4:00 pm
For a Shell Executive, Much Head-Scratching
By CLIFFORD KRAUSSEurope is generally considered greener than the United States, but its oil executives certainly share American oil executives enthusiasm for drilling.
I caught up with Peter Voser, the chief executive of Royal Dutch Shell, this week at the IHS Cera annual energy conference in Houston, and he gave me an earful about what he characterized as Americas lack of direction when it comes to having a national energy policy.
Royal Dutch Shell is getting closer to winning approval to drill in Alaskas Arctic waters after several years and more than $4 billion worth of efforts. But for the Swiss-born executive, it is bewildering to watch the Obama administration withhold approval of the Keystone XL pipeline, which would carry crude from oil sands in Canada to refineries on the gulf coast. (Shell is a big investor in the Canadian oil sands.)