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Swift reaction as Shell suspends 2013 Arctic Alaska offshore drilling

2013-02-28 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Alaska Dispatch: After a spate of mishaps and mechanical issues that beleaguered Royal Dutch Shell's bid at offshore drilling in Arctic Alaska, the company announced Wednesday it would suspend its 2013 drilling season. Shell is pausing in order "to prepare equipment and plans for a resumption of activity at a later stage," the company said in a statement. Shell's first year in the Alaska Arctic -- after a long permitting process and billions of dollars invested -- proved troublesome. Stubborn sea ice hampered...

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Shell Abandons 2013 Arctic Drilling

2013-02-28 14:39:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: After a year of embarrassing failures and accidents, Royal Dutch Shell announced yesterday it would not drill in the Arctic this year. "It is encouraging that Americas pristine Arctic has been given a reprieve and we are happy Shell has now officially recognized they cannot safely drill in the Arctic. Now, its time that the Obama Administration recognizes the same thing," said Michael Brune, executive director of the Sierra Club. "Shell began its Arctic folly by declaring they would take...

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Shell halts 2013 drilling plans in Alaska's Arctic seas

2013-02-28 10:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Royal Dutch Shell will not drill for oil in Alaska's Arctic seas this year, the company said Wednesday in a widely expected decision that follows a series of high-profile setbacks in 2012. Both critics and supporters of Shell's controversial Arctic offshore foray welcomed its decision to give up on drilling there for 2013 while the company tries to get its drill ships ready and answers to U.S. investigators. Michael LeVine, senior Pacific counsel for environmental group Oceana in Juneau, Alaska,...

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Shell Sees Solar as Biggest Energy Source in Next Half Century

2013-02-28 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Royal Dutch Shell Plc (RDSA) says solar power, a business it abandoned four years ago, may expand into the worlds biggest source of energy in the next half century. The proposition that photovoltaic panels will be the main power source by 2070 is one of the New Lens Scenarios Europes largest oil company published today in a report on energy demand this century. A second has natural gas as the main fuel by 2030. Both come with risks to energy producers and the climate. The world is complicated,...

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Shell halts Arctic drilling for 2013

2013-02-27 23:40:35| BBC News | Business | UK Edition

Royal Dutch Shell says that it will suspend its offshore drilling programme in the Arctic for the rest of 2013 in order to give time to ensure safety.

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