Three Oil Giants Suspend Chukchi and Beaufort Sea Drilling Plans
April 28th, 2013:
Three Oil Giants Suspend Chukchi and Beaufort Sea Drilling Plans
Rising gas price helps Shell boost fortunes
By DOMINIC JEFF
Published on 28/04/2013 00:00
HIGHER natural gas prices in the United States should help Shell rebound from its lacklustre performance at the end of last year when it presents first quarter results on Thursday.
Prices have almost doubled since America’s shale gas revolution pushed prices through the floor last year, proving a drag on Shell’s recent results.
The oil major has already promised to increase its quarterly dividend by 5 per cent, confident that last year’s investment in liquefied natural gas projects in the Middle East will start paying off.
Shell Corrib Gas Project
By John Donovan
I have sent an email to Detective Superintendent John Gilligan of the Irish Police (the Garda) concerning corruption allegations surrounding the Shell led Corrib gas project in Ireland, that were the subject of my recent correspondence with the Irish Justice Ministry.
Shell corruption scheme operated in Ireland on an industrial scale?: 6 April 2013
If no response is forthcoming, we will publish the content of the email.
I understand that Shell lawyers are on a quest to shut us down.
The Dark Side of Energy Independence
By BENJAMIN ALTER and EDWARD FISHMAN
A version of this op-ed appeared in print on April 28, 2013, on page SR5 of the New York edition
JUST as the world was writing off America as a declining power, the country now finds itself on the cusp of realizing one of its longstanding goals: energy independence.
A wave of new technologies has made it possible to extract oil and gas from shale rock formations, and the results have been astonishing. By some estimates, the United States is on track to overtake Saudi Arabia as the world’s largest oil producer as early as 2017, start exporting more oil and gas than it imports by 2025, and achieve full energy self-sufficiency by 2030.
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