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Shell's departure will mean no drill rigs in Chukchi Sea

2015-09-28 21:57:19| Energy - Topix.net

" Royal Dutch Shell announced Monday it will end exploration in the Chukchi Sea "for the foreseeable future." The company cited disappointing results from a well drilled during the 2015 open water season in the waters north of the Bering Strait off Alaska's northwest coast.

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Shell's departure will mean no drill rigs in Chukchi Sea

2015-09-28 21:22:42| Oil & Gas - Topix.net

The company cited disappointing results from a well drilled during the 2015 open water season in the waters north of the Bering Strait off Alaska's northwest coast. The company also cited the "challenging and unpredictable federal regulatory environment in offshore Alaska."

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EU approves Shells proposal to acquire BG Group for $70bn

2015-09-03 01:00:00| Offshore Technology

The European Commission has approved Shell's previously announced proposal to acquire British oil and gas firm BG Group in a $70bn deal.

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Arctic Drilling: A Giant Gamble for the Planet and Shells Bottom Line

2015-08-31 14:47:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Its a gamble--some would say a giant gamble. Before even one litre of oil has been found, the Anglo-Dutch Shell group is believed to have spent more than US$7 billion--just making preparations for its latest Arctic venture. Shell is betting on finding the oil industrys Holy Grail: according to 2008 estimates by the U.S. Geological Survey, the Arctic contains more than 20 percent of the worlds remaining hydrocarbon resources--including at least 90 billion barrels of oil. If Shell does strike...

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