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Shell suspends Arctic oil drilling for the year
2013-02-27 23:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Royal Dutch Shell announced today that it was setting "pause" on its exploratory drilling activities in the Arctic for 2013. Shell's operations are currently under review by the federal government after the oil company suffered numerous setbacks during last year's opening attempt to drill exploratory wells in the Beaufort and Chukchi Seas, including running its drilling rig aground on Sitkalidak Island in southern Alaska in late December. "We've made progress in Alaska, but this is a long-term...
Shell to suspend Arctic offshore drilling program over safety fears
2013-02-27 21:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Shell shut down its 2013 drilling season in the Arctic waters off Alaska on Wednesday, after a series of mishaps and mechanical failures. The oil company said in a statement it was putting its operations off the coast of Alaska on pause for 2013, but remained committed to drilling at a later stage. The decision raises further doubts about the future of drilling in the Arctic given Shell's difficult and costly first season of hunting for oil last year. The company spent eight years and $5bn to...
Tags: program
safety
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With 2 Ships Out of Commission, Shell Suspends Arctic Drilling
2013-02-27 21:56:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: After a series of costly and embarrassing accidents in its efforts to drill exploratory wells off the north coast of Alaska last year, Royal Dutch Shell announced on Wednesday that it would not return to the Arctic in 2013. The companys two drill ships suffered serious accidents as they were leaving drilling sites in the Beaufort and Chukchi Seas last fall and winter and are being sent to Asia for repairs. Shell acknowledged in a statement that the ships would not be fixed in time to drill during...
Tags: ships
commission
shell
arctic
Shell bets on gas to limit climate change until 22nd century
2013-02-27 16:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Royal Dutch/Shell believes a policy-led shift to gas, carbon capture and nuclear power could keep a lid on climate change into the 22nd century while a more free market approach would result in carbon emissions some 25 percent higher. Sketching possible paths of development for global energy use, Shell, which has bet the most heavily of all the top oil firms on a big future for natural gas, promoted its use as a way to moderate greenhouse gas emissions between now and 2100. It also suggested:...
Tags: change
limit
century
gas
Shell to expand global LNG position with ~$6.2B deal with Repsol S.A.
2013-02-27 12:30:27| Green Car Congress
Tags: with
position
global
deal
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