WASHINGTON - Shell Oil Co.'s chief executive for North America, Marvin Odum, complained Wednesday that regulatory red tape has slowed the company's $2 billion investment in offshore leases in Alaska.
Marvin Odum
Shell Oil chief complains of ‘clumsy’ government
Shell executive says low prices may hurt energy policy
WASHINGTON (Reuters) - Shell Oil Co President Marvin Odum said Monday he is concerned that falling oil prices are hurting investment in the sector and may push energy down as a priority for lawmakers.
Shell’s new president planning for future
Odum, 49, succeeded the retiring John Hofmeister as president of Shell Oil, the U.S. holding company for Royal Dutch Shell, in June.
Royal Dutch Shell has a new face in the driver’s seat for its U.S. operations: Marvin Odum
Shell experienced a host country taking control of an operation when Russia's Gazprom took over the majority of Shell's natural gas operation on Sakhalin Island in 2006. Other companies have had similar experiences in host countries.

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