Royal Dutch Shell plc .com Rotating Header Image

Posts Tagged ‘Chukchi Sea’

You are here Stakes are too high with Arctic drilling, and Shell isn’t ready

From an article by Lois Epstein published 21 Jan 2015 by Alaska Dispatch News Extracts Two years ago on New Year’s Eve, Shell’s Kulluk Arctic offshore drilling rig grounded near Kodiak Island. It was an industrial calamity heard around the world, including a cover story in the Jan. 4 issue of The New York Times […]

Arctic Explorers Retreat From Hostile Waters With Oil Prices Low

From an article by Mikael Holter published 14 Jan 2015 by Bloomberg under the headline: “Arctic Explorers Retreat From Hostile Waters With Oil Prices Low” When Statoil ASA (STL) acquired the last of three licenses off Greenland’s west coast in January 2012, oil at more than $110 a barrel made exploring the iceberg-ridden waters an […]

Shell’s disastrous foray into Arctic waters

From an article by Joel Connelly published 7 Jan 2015 by Seattlepi.com under the headline: “Will Port of Seattle be repair center for Shell Oil’s Arctic vessels? Extracts The Port of Seattle’s Terminal 5 is being proposed as a repair and service center for vessels engaged in Shell Oil’s troubled, delayed program to drill for […]

Shell Arctic debacle

Article by Jeremy Cresswell published by EnergyVoice.com on 6 Jan 2015 under the headline: “Noble Drilling has book thrown at it by Alaskan authorities” The paper stated: “So obviously, the safeguards in place to date have about as much teeth as a guppy. How do we know the repairs done truly take care of the problems […]

Outlook uncertain for Shell’s return to the Chukchi

By Yereth Rosen: 3 Jan 2015 Six years after dropping more than $2 billion on leases in the remote Chukchi Sea off northwestern Alaska, Shell has yet to drill into any oil in that icy frontier. Plans for an audacious offshore Arctic exploration program have been stymied by litigation and adverse court rulings and a […]

Shell’s future in the Arctic looks doubtful

By: MICHEAL KAUFMAN Published: Dec 23, 2014 at 12:38 pm EST There is a large question mark on whether Royal Dutch Shell (ADR) (NYSE:RDS.A) will continue a new round of drilling in the Chukchi Sea and the Beufort Sea in the Arctic or not. The company earlier filed a lawsuit against a group of environmentalists […]

Why Shell Is Facing Problems In The Arctic

By: MICHEAL KAUFMAN Published: Dec 19, 2014 at 11:21 am EST Royal Dutch Shell Plc. (ADR) (NYSE:RDS.A) is uncertain over its plans to drill in the US Arctic. The final decision regarding the company is expected to come in March, 2015. During this time the company is likely to consider various factors before taking a […]

Shell may abandon Arctic drilling indefinitely

By John Donovan Royal Dutch Shell is expected to announce by March if it will go forward with plans to drill for oil in Arctic waters offshore Alaska in 2015, a decision which may have more to do with the outcome of court cases and U.S. government reviews than global market fundamentals. Shell’s decision is […]

Shell’s spectacular belly flop into the Arctic Ocean

Even more troubling than Shell’s “Arctic-ready” armada problems is Shell’s spectacular failure of good judgment. To avoid an Alaska tax bill, company managers ordered its secondary drill rig towed south through the winter storm-lashed Gulf of Alaska despite the tug master’s prescient warning that: “the length of tow, at this time of the year, in […]

Donovan Verdict on Shell/Noble Arctic Crimes

By John Donovan People who are as familiar with Shell as I am, will know that Noble Drilling has stepped forward on commercial grounds to take the blame for the reckless screw-up that was actually directed by Shell, partly to evade tax. This was why Lawrence of Alaska (David Lawrence, the Shell VP supposedly responsible […]

Greenpeace Verdict On Shell/Noble Arctic Crimes

Greenpeace Arctic campaigner, Ian Duff, has issued the following statement: “Shell has proven time and again it can’t be trusted to manage its contractors safely. That Shell engaged Noble Drilling, a company now guilty of eight felonies, is the clearest indicator yet. Letting Shell back into such a precious and risky environment as the Arctic […]