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Rig Grounding Revives Debate Over Shells Arctic Drilling

2013-01-03 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: This weeks grounding of a rig off the coast of Alaska adds to a series of mishaps in Royal Dutch Shell Plc (RDSA)s seven-year quest to tap the vast oil reserves of the Arctic and emboldened critics who say it cant be done safely. The drill ship Kulluk broke free of a tow boat in a storm Dec. 31 and remained upright though stranded last night on the coast of Sitkalidak Island, about 60 miles (97 kilometers) southwest of the town of Kodiak. The crew was evacuated and there were no signs the vessel...

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