July 2 – 8, 2012 Vol. 29, No. 27 CALGARY: Royal Dutch Shell has put its stake in the C$16.2 billion ($16.8 billion) Mackenzie gas project up for sale, the first crack in the partnership set up to develop vast reserves in Canada’s Arctic and build a pipeline to take the gas south. Shell is seeking [...]
Posts on ‘July 6th, 2012’
Barge Flaws Delay Shell Alaska Drilling, Coast Guard Says
By Katarzyna Klimasinska and Carol Wolf – Jul 6, 2012 4:19 PM GMT+0100 A barge Royal Dutch Shell Plc (RDSA) plans to use during oil exploration off Alaska’s north coast is being held up by U.S. Coast Guard inspectors, delaying the start of the drilling the company intended to begin this month. The inspectors said [...]
Threatened Arctic Deserves Protection
Posted: 07/05/2012 5:51 pm The Arctic is one of most pristine and unique regions of our planet, but it is now in crisis from two serious threats — climate change and industrialization. As sea ice retreats, the Arctic has become the “wild wild north” — a last frontier for a failed development paradigm that has [...]
Hidden treasure
High commodity prices, receding ice and better technology are spurring a hunt for Arctic resources Jun 16th 2012 | from the print edition IN WAINWRIGHT, A tiny village on the Alaskan shore of the Chukchi Sea, scientists from Royal Dutch Shell recently drew a small crowd of Eskimos to the school gymnasium to hear about [...]
Abundant Oil Again?
by Bruce Fisher Anti-frackers have reason to despair. The New York Times recently editorialized that hydraulic fracturing of deep strata to release their hydrocarbons is “safe.” President Barack Obama looks upon the massive exploitation of shale-trapped fossil fuels as a major national opportunity. And now a new report from a Harvard-based researcher finds that hydraulic [...]
Shell may be ready for the Arctic, but its oil spill barge isn’t
By Kim Murphy: July 5, 2012, 8:04 p.m. SEATTLE — A unique ice-class barge designed to clean up any oil spills that might result from Shell Alaska’s upcoming operations in the Arctic Ocean has so far failed to acquire final U.S. Coast Guard certification. Engineers from the oil company say it’s no longer appropriate to [...]
After Motiva glitch, no let-up yet in Saudi-US oil sales
Thu, 5th Jul 2012 22:57 NEW YORK, July 5 (Reuters) – Saudi Arabia maintained crude oil shipments to the United States in June near their highest level since 2008, data showed, despite a serious glitch that has crippled its newly expanded joint-venture refinery in Texas. In the four weeks to June 29, the United States [...]
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