FuelFix: After dedicating nearly eight years and $5 billion to the quest, Shell`s plans to continue hunting for Arctic oil this summer are in jeopardy, as company officials on Monday confirmed they will tow two drilling units to Asian dry docks for repairs.
Although Shell Oil said the firm has not ruled out drilling in the Chukchi and Beaufort seas north of Alaska this summer, it appears unlikely the vessels will be able to make the two-to-four-week treks to those Asian ports, undergo repairs, clear U.S....