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Posts Tagged ‘Chukchi Sea’

Oil prices slide as Obama lets Shell drill in the Arctic

As the giant Shell oil company begins highly controversial and risky exploration drilling in the Arctic, the price of crude continues to slide. Kieran Cooke from Climate News Network reports: 31 August 2015 It’s a gamble — some would say a giant gamble. Before even one litre of oil has been found, the Anglo-Dutch Shell group is […]

Obama’s Alaska Visit Puts Climate, Not Energy, in Forefront

By JULIE HIRSCHFELD DAVIS: AUG. 31, 2015 WASHINGTON — President Obama will travel to Alaska on Monday to call for urgent and aggressive action to tackle climate change, capitalizing on a poignant tableau of melting glaciers, crumbling permafrost and rising sea levels to illustrate the immediacy of an issue he hopes to make a central element […]

Records detail equipment failure on Arctic drilling rig

“The company’s repeated failures in basic readiness tests show that when things go wrong in the Arctic ocean, it will be a disaster…” By Jennifer A. Dlouhy: August 30, 2015 WASHINGTON — Newly released documents reveal the extent of problems with anti-pollution equipment on a Shell-contracted Arctic drillship earlier this year. The records, provided by […]

U.S. Is Seen as Laggard as Russia Asserts Itself in Warming Arctic

Sources: American Association of Petroleum Geologists, Bureau of Ocean Energy Management, IBRU at Durham University, Bordermap Consulting, KlimaCampus Integrated Climate Data Center, U.S. Geological Survey: By The New York Times By STEVEN LEE MYERSAUG. 29, 2015 ABOARD COAST GUARD CUTTER ALEX HALEY, in the Chukchi Sea — With warming seas creating new opportunities at the top […]

President Obama Defends Shell Arctic Drilling Decision

By: MICHEAL KAUFMAN: Aug 29, 2015  Critics argue that allowing Shell to explore Arctic for oil goes against the country’s stance on climate change President Obama has defended his decision to grant approval for drilling in the Arctic region, ahead of his trip to Alaska. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) had been seeking the […]

Obama says climate change is real, despite what skeptics say

“We made it clear that Shell has to meet our high standards in how they conduct their operations – and it’s a testament to how rigorous we’ve applied those standards that Shell has delayed and limited its exploration off Alaska while trying to meet them.” By Bruce Alpert, NOLA.com | Times-Picayune: 29 August 2015 WASHINGTON – President Barack […]

Shell offshore drilling application prompts conflict-of-interest charge

By Charles Mandel | August 29th 2015 Shell Canada Limited is applying to bring offshore drilling to Nova Scotia’s waters. But environmentalists are raising alarm bells over potential conflict of interest, as the group reviewing Shell’s application — the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) — includes a board member who worked at Shell Canada and […]

Obama defends Shell Arctic drilling decision

By AFP 29 August 2015 Two days before heading to Alaska to raise climate change awareness, US President Barack Obama on Saturday defended his controversial decision to allow Shell to drill in the Arctic’s Chukchi Sea. The Obama administration’s green light for the Anglo-Dutch oil giant angered environmental groups which have decried the “hypocrisy” of […]

Shell Pauses Arctic Offshore Drilling for High Wind, Water

ANCHORAGE, Alaska — Aug 28, 2015 By DAN JOLING Associated Press Strong winds and high waves that pounded the northern coast of Alaska have led Royal Dutch Shell PLC to temporarily stop exploratory oil drilling in the Arctic Ocean. “Due to high wind and sea states, we have paused all critical operations in the Chukchi […]

Why Shell Announced Force Majeure On Nigerian Bonny Crude Export

By: MICHEAL KAUFMAN: Aug 28, 2015 On Thursday, August 27, Royal Dutch Shell plc’s (ADR) (NYSE:RDS.A) Nigerian unit closed down its two crude pipeline and declared “force majeure” on export of Bonny Light crude, as reported by Reuters. The Hague-based company closed the Trans Niger Pipeline at Oloma because of a leakage in the pipeline. The […]

GREENPEACE: SHELL IS ‘BANANAS’ IN NEW ARCTIC DRILLING PROTEST

“Shell goes bananas” – Greenpeace protest against oil drilling in the Arctic (Picture: Screenshot/Facebook/Greenpeace Nederland) Posted on Aug 28, 2015 by Janene Van Jaarsveldt Environmental activists Greenpeace placed a giant banana peel on the roof oil company Shell’s office in Amsterdam on Friday morning. This giant banana peel is another protest against the company’s oil […]

High winds cause flooding in Barrow, prompts Shell to pause oil drilling

Yereth Rosen and Alex DeMarban: 27 August 2015 Huge, wind-whipped waves crashed onto the shore at Barrow on Thursday, forcing the closure of a nearby road, the National Weather Service reported. Westerly winds were gusting up to 50 miles an hour, pushing waves up to the top of the beach and causing some erosion, the National Weather Service said. […]

Shell Leaves ALEC, Is Still Terrible

Shell remains one of the dirtiest, corrupt and dangerous companies ever known, and no amount of green-washing can hide that simple fact. Derrick Crowe: 27 August, 2015 Earlier this month, Royal Dutch Shell announced it would allow its membership in the American Legislative Exchange Council, or ALEC, to expire. ALEC is a major force behind […]

Shell exploration drilling advances at Burger J prospect

BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE: 26 Aug 2015 Shell is keeping a tight lid on information about its Chukchi Sea drilling for now. The semi-submersible Polar Explorer is at work drilling the first well in Shell’s 2015 program, Burger J, and a weekly report issued Aug. 25 by the U.S. Bureau of Safety […]

Charlotte Church joins the campaign trail once again as she performs a requiem in musical protest over Arctic drilling

By REBECCA DAVISON FOR MAILONLINE: 26 August 2015 Singer Charlotte Church joined a protest rally outside the Shell headquarters in London on Wednesday in protest over Arctic drilling on behalf of Greenpeace.  The 29-year-old took to the streets to lead a performance of Requiem for Arctic Ice as well as The Bitter Earth outside the building, […]

Royal Dutch Shell Is Now A 7.54% Dividend Yield Monster

Aug. 24, 2015 6:45 PM ET Summary Stock market downturn takes Shell’s dividend yield to an astonishing 7.54%. The dividend looks reasonably safe. High initial yield but little growth expected in coming years. Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) doesn’t need an introduction. This Anglo-Dutch multinational is one of the largest, integrated oil & gas majors […]

Concerns mount over whale deaths in Gulf of Alaska

Ryan Schuessler: August 24  KODIAK, Alaska – Researchers are scrambling to determine what’s behind the death of 30 whales in the Gulf of Alaska as unusually warm ocean temperatures continue to wreak havoc on the region. Since May 2015, 14 fin whales, 11 humpback whales, one gray whale and four unidentified specimens have been found dead […]

‘Both sides are unhappy': Obama’s Arctic drilling green light heightens tensions

State Department official says administration’s stance on oil drilling program continues to spur criticism as Hillary Clinton joins list of opponents Oliver Milman in Washington: Friday 21 August 2015 A senior official at the State Department has admitted there is an “obvious tension” between the US’s commitment to combat climate change and its approval of Shell’s […]

Shell begins ‘high-risk’ drilling for Arctic oil

Robin Pagnamenta Energy Editor: August 22, 2015 Shell has begun the final stage of its $7 billion attempt to drill for oil in Alaska’s remote Chukchi Sea. Despite tumbling oil prices and opposition from Hillary Clinton and conservationists, this weekend a steel drill bit was grinding its way through rocks deep beneath the icy waves. […]

Charlotte Church adds her voice to Arctic oil protest

Emma Howard: Friday 21 August 2015 Her performance is part of a month-long protest that Greenpeace is staging, with different groups – from brass bands to bagpipes – playing the same four-piece movement every day during August to highlight Shell’s Arctic venture. The project was inspired by the string quartet on the Titanic, who continued […]

Shell will despoil the Arctic. But Barack Obama is the real villain here

Clinton nailed Obama this week: “The Arctic is a unique treasure. Given what we know, it’s not worth the risk of drilling,” she wrote. Others put it more strongly: “It’s perplexing and depressing to hear President Obama say he wants to fix climate change but then approve Arctic drilling. FULL ARTICLE

Hillary Clinton scuppers Shell’s plan to drill for oil in the Arctic

By CITY & FINANCE REPORTER FOR THE DAILY MAIL PUBLISHED: 19 August 2015 Royal Dutch Shell’s Arctic ambitions have sparked a political row in the US after presidential candidate Hillary Clinton opposed its plans. President Obama’s administration gave Shell the final green light to drill for oil and gas in the Arctic this week – which […]

GREENPEACE CALLS FOR SHELL BOYCOTT AFTER ALASKA DRILLING GO-AHEAD

by Janene Van Jaarsveldt: 18 August 2015 Greenpeace has launched a boycotting action against Shell in response to the oil company receiving the final go-ahead from the American government for drilling in Alaska, AD reports. On Monday the United States government gave Shell final permission to start test drilling in Alaska, provided that the company has […]

Green fury after Shell is given go-ahead for Arctic drilling

Green fury after Shell is given go-ahead for Arctic drilling US President accused of ‘double-speak’ by activists as Hillary Clinton joins chorus of criticism DAVID USBORNE , TOM BAWDEN: THE INDEPENDENT: Wednesday 19 August 2015 Shell has been granted final permission by the US regulatory authorities to begin exploratory drilling for oil and gas beneath the […]

Shell faces huge risks and potential rewards with an Arctic adventure

Shell has been given the green light to drill in the Arctic but as well as the opportunity for huge rewards, the inhospitable region brings huge risks By Ben Marlow: 18 Aug 2015 In James Cameron’s epic science fiction film Avatar, humans travel to the moon Pandora in search of a highly valuable mineral that will […]

Shell shares slump as it gets green light for Arctic drilling

TOM BAWDEN: THE INDEPENDENT: Tuesday 18 August 2015 Shell’s shares slumped today after the US government finally gave it the green light to drill for oil and gas in the Arctic Ocean. The FTSE 100 oil giant will be able to explore the ocean floor for hydrocarbons for the first time since 2012, when a series […]

Shell gets final nod to drill in Arctic Ocean

By Seattle Times staff Seattle Times news services WASHINGTON — The federal government Monday gave Shell the final permit it needs to drill for oil in the Arctic Ocean off Alaska’s northwest coast for the first time in more than two decades. President Obama is ending restrictions on Shell’s drilling in the Arctic Ocean — […]

Shell gets final permit for Arctic oil drilling

Oil and gas giant Shell has been granted the final permit it needs to begin drilling below the ocean floor for oil in the Arctic. Shell began work last month, but was allowed to drill just the top sections of two wells, off the coast of Alaska. Environmental campaigners are against the drilling which they […]

U.S. gives Shell final nod to drill for oil in Arctic

Markets | Mon Aug 17, 2015 By Timothy Gardner Aug 17 (Reuters) – The Obama administration granted Royal Dutch Shell final clearance on Monday to resume drilling for oil and gas in the environmentally fragile Arctic Ocean for the first time since 2012, a move green groups vowed to fight. The U.S. Department of the […]

Feds allow Shell to drill for oil in Arctic Ocean off Alaska for first time in 20-plus years

Aug. 17, 2015 ANCHORAGE, Alaska (AP) — The federal government has given Royal Dutch Shell the final permit it needs to drill for oil in the Arctic Ocean off Alaska’s northwest coast for the first time in more than two decades. The Bureau of Safety and Environmental Enforcement said Monday that exploratory drilling can go […]

Shell’s $7bn Arctic folly is at odds with global action

WWF-UK LETTER PUBLISHED BY THE FINANCIAL TIMES August 16, 2015 Sir, We are profoundly alarmed at Shell commencing drilling into oil-bearing rock in the Chukchi Sea off Alaska. Drilling in this fragile habitat is riddled with risks for local communities and for the environment, including species that depend on the sea ice, such as polar […]

Coast Guard Shifts Vessel from Fighting Cocaine Smuggling to Keeping Watch on Arctic Oil Drilling

Noel Brinkerhoff, Steve Straehley: Friday, August 14, 2015 The Obama’s administration decision to allow Royal Dutch Shell to conduct oil drilling in the Arctic Ocean has forced the U.S. Coast Guard to divert ships to the region, including one that had been deployed to catch drug smugglers in the Caribbean. To protect both the environment and […]

Shell exacerbates housing shortage in Alaska port town

Nation’s largest fishing port was already short on housing. With Shell in town, locals say things are getting worse. Ryan Schuessler Aug. 13, 2015 Not much has changed in Unalaska, Alaska, since Flor Luna had trouble finding a place to live when she moved here 14 years ago. “When I first came here, I put […]

Green groups warn Shell boss over ‘reckless’ pursuit of Arctic oil

Green groups warn Shell boss over ‘reckless’ pursuit of Arctic oil EXCLUSIVE: WWF chief executives write to Ben Van Beurden as Greenpeace and Oil International unveil new report highlighting Arctic drilling risks By Jessica Shankleman  |  14 Aug 2015 Green groups have stepped up pressure on Shell over its plans to drill for oil in […]

Can The Shell Rig Come Back? Examiner Reconsiders City Decision

By CAROLYN ADOLPH: 13 August 2015 Shell’s Polar Pioneer, briefly a resident at the Port of Seattle’s Terminal 5,  is drilling for oil in the Chukchi Sea. The question is whether the rig can return to Seattle this fall — and whether it can stay the winter.  The Port of Seattle and Foss Maritime Co. are […]

A Spineless Shell of a Company: You aren’t fooling anyone

By Jean Card: 13 August 2015 Have you heard? Royal Dutch Shell (that’s Shell oil company to most of us) is going to save the planet. It wants to stop climate change! How? Wait for it. The company is dumping its membership in the American Legislative Exchange Council (a former employer of mine). What a […]

Shell’s Drilling Plans Expose Just How Unprepared The U.S. Is For A Melting Arctic

BY NATASHA GEILING AUG 12, 2015 1:02PM As Shell moves forward with its plans to drill in remote Arctic waters, the U.S. Coast Guard is being forced to divert resources — including a national security ship normally used for monitoring drug trafficking — to ensure that the oil and gas company sticks to its safety […]

Shell Oil ditches conservative group that fuels climate change deniers, while drilling for oil in the Arctic

August 12, 2015 | By Joel Connelly Royal Dutch Shell is severing its ties with the American Legislative Exchange Council, a conservative groups that has worked in states to block President Obama’s Clean Power Plan to curb coal plant emissions. Shell has cited ALEC’s stand on climate change as the reason for not renewing its […]

Shell’s repaired icebreaker arrives at Arctic Ocean drilling site

Asaf Shalev: August 12, 2015 A key emergency response vessel arrived at Royal Dutch Shell’s drill site in the Arctic Ocean Tuesday night, inching forward the oil giant’s plans for digging an exploratory well this summer. With arrival of the Fennica, a leased Finnish icebreaker, final federal approval is the only hurdle remaining before Shell can […]

Greenpeace Protesters Could Each Face $5,000 Fines for Blocking Shell Ship

by M. ALEX JOHNSON Five Greenpeace protesters who tried to stop a Shell oil ship from reaching Alaska last month could be fined $5,000 apiece for interfering with safe operations, the Coast Guard told NBC News on Wednesday. None of the protesters was identified. They have 30 days to either pay the fines or contest […]