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Tag: arctic
Arctic Drilling to Be Reviewed in Light of Accidents
2013-01-09 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: The Interior Department on Tuesday opened an urgent review of Arctic offshore drilling operations after a series of blunders and accidents involving Shell Oils drill ships and support equipment, culminating in the grounding of one of its drilling vessels last week off the coast of Alaska. Officials said the new assessment by federal regulators could halt or scale back Shells program to open Alaskas Arctic waters to oil exploration, a $4.5 billion effort that has been plagued by equipment failures,...
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Shell's Arctic drilling plan under threat after US orders review
2013-01-08 23:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The Obama administration ordered a sweeping review of Shell's plans to drill in the Arctic on Tuesday, after a series of mishaps ending with the New Year grounding of the company's Kulluk rig. The review and a separate investigation of the grounding of the Kulluk raises the possibility that Shell, after investing six years and $5bn trying to extract oil in harsh and remote conditions, may be forced to re-evaluate entirely its plans to drill in the Arctic. The high-level review will home...
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Platform-free oil in Arctic waters within striking distance
2013-01-07 18:47:09| Oil & Gas - Topix.net
Lying at the bottom of a giant water-filled pit in western Norway, a thousand-ton gas compressor is humming along, going through grueling tests as engineers prepare it to change oil and gas production for good.
Tags: distance
oil
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Platform-free oil in Arctic waters within striking distance
2013-01-07 16:53:25| Energy - Topix.net
Lying at the bottom of a giant water-filled pit in western Norway, a thousand-ton gas compressor is humming along, going through grueling tests as engineers prepare it to change oil and gas production for good.
Tags: distance
oil
waters
striking
8 Reasons Why Shell Cant be Trusted in the Arctic
2013-01-04 17:23:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Shell`s most recent "mishap" a few days ago was not the first setback the oil giant has suffered in its plans to drill for oil in the Arctic. In fact, it`s the eighth in a growing list of reasons why Shell should not be trusted in the Arctic. 1. Shell has no idea how much an oil spill clean-up would cost In March 2012, in response to questions from the UK`s Parliamentary Environmental Audit Committee, Peter Velez, Shells head of emergency response in the Arctic admitted that Shell had not...
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