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Shell Says Tax Played Role in Move of Drilling Rig That Grounded

2013-01-11 17:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Avoiding a state tax played a role in Royal Dutch Shell Plc (RDSA)s decision to move a drilling rig from Alaska waters, though the company said the vessels grounding days later was the result of an unforeseen worsening of weather. The Kulluk broke free from its tugboat in stormy seas on Dec. 31 and ran aground on an uninhabited Alaskan island, another embarrassment for a company that has spent $4.5 billion and seven years in pursuit of oil beneath the Chukchi and Beaufort seas in the Arctic...

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United States: Shell may have moved rig to avoid taxes - U.S. lawmaker

2013-01-11 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Shell may have moved an oil rig that ran aground off Alaska last week partly to avoid millions of dollars in taxes, U.S. Rep. Ed Markey said, raising even more questions about the oil company's decision on the timing of the move. The letter from the top Democrat on the House of Representatives Natural Resources Committee adds to the already-intense political scrutiny of Royal Dutch Shell's ambitious and troubled Arctic drilling foray last year. Shell's 30-year-old Kulluk drillship ran aground...

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Shell Oil Drilling Platform Stranded In sensitive Arctic Region

2013-01-10 03:38:56| oilandgasonline News Articles

The multinational oil giant Shell is facing fresh criticism of its Arctic offshore oil drilling programme, after one of its platforms was left stranded in an environmentally sensitive area of the Alaskan coast.

Tags: region oil platform sensitive

 

Shell Leads S. Africa on Record Oil Rush as Coal Falters: Energy

2013-01-07 06:13:33| Oil & Gas - Topix.net

South Africa, the African continent's economic engine, is on the cusp of an oil rush never before seen in the country as burgeoning energy demand exposes the vulnerability of its dependence on coal.

Tags: record energy africa oil

 

Shell Leads S. Africa on Record Oil Rush as Coal Falters: Energy

2013-01-07 04:39:35| Energy - Topix.net

South Africa, the African continent's economic engine, is on the cusp of an oil rush never before seen in the country as burgeoning energy demand exposes the vulnerability of its dependence on coal.

Tags: record energy africa oil

 

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