May 24, 2012: 9:19 AM ET This summer, the energy giant will begin exploring off the icy coast of Alaska — after years of resistance by environmentalists. The payoff could be the largest U.S. offshore oil discovery in a generation. By Jon Birger, contributor In Barrow, Alaska, the northernmost city in the U.S., it’s hard [...]
Posts Tagged ‘Gulf of Mexico’
Shell self-insurance of Arctic drilling risk
COMMENT BY A FORMER SHELL EMPLOYEE I just read your blog about Shell not being able to obtain disaster insurance for its operations in the Arctic. I interpret this to mean that the insurance underwriters, who are pros at this sort of thing, find the probability of an ‘accident’ on the part of Shell during [...]
Environment: Shell’s readiness on Arctic drilling challenged
Environment: Shell’s readiness on Arctic drilling challenged Posted on May 13, 2012 by Bob Berwyn Conservation group wants SEC to investigate oil company’s statements on plans for oil exploration in the Chukchi Sea By Summit Voice SUMMIT COUNTY — Environmental activists say they want Royal Dutch Shell stockholders to know about all the potential risks and [...]
Shell wants judge to uphold permits
Shell wants judge to uphold permits May 4, 2012 JUNEAU, Alaska — Subsidiaries of Shell Oil Co. trying to head off challenges to permits that put them one step closer to exploratory drilling off Alaska’s northern shores. Shell Gulf of Mexico Inc. and Shell Offshore Inc. have asked a federal judge to rule that the [...]
Shell’s Alabama Offshore Drilling Plans Challenged In Court
Shell’s Alabama Offshore Drilling Plans Challenged In Court By GREG BLUESTEIN 05/ 2/12 12:59 PM ET ATLANTA — Environmental groups urged an appeals court on Wednesday to block Shell from drilling 10 new deep-water wells off Alabama’s coast, arguing that federal regulators haven’t properly reviewed the risks of undersea drilling in the aftermath of the [...]
BP and Royal Dutch Shell now $100 billion apart
BP Struggles to Plug Valuation Gap May 1, 2012 By ANDREW PEAPLE BP BP -0.88% and Royal Dutch Shell RDSA.LN +1.14% had similar market values just over two years ago: Now they are $100 billion apart. That difference first opened up thanks to uncertainty over BP’s final legal cost from the Gulf of Mexico oil spill in [...]
Justice Dept. makes 1st arrest in BP oil spill; ex-engineer accused of obstruction of justice
By Associated Press, Updated: Tuesday, April 24, 7:03 PM NEW ORLEANS — The Justice Department said on Tuesday it filed the first criminal charges in the Deepwater Horizon disaster in the Gulf of Mexico, accusing a former BP engineer of destroying evidence.Kurt Mix, of Katy, Texas, was arrested on two counts of obstruction of justice. The Justice [...]
Shell results should reverse share decline
Questor share tip: Shell results should reverse share decline Investors in Royal Dutch Shell must have been very relieved that the recent oil spill in the Gulf of Mexico was nothing to do with them. The oil came from “natural seepage” from the sea floor. By Garry White 7:00AM BST 22 Apr 2012 Shell £22.02½ [...]
The Big Spill, Two Years Later
(Their report also includes a strong note of caution about dangers of drilling in the Arctic, where harsh conditions would present even more difficult challenges in the event of a spill.) Editorial The Big Spill, Two Years Later A version of this editorial appeared in print on April 18, 2012, on page A26 of the [...]
A Tale of Two Oil Slicks
April 13, 2012 By Alexis Flynn On Thursday, Royal Dutch Shell announced it was investigating a potential leak in the Gulf of Mexico. On the same day, it reported a more than sevenfold increase in the amount of crude spilled over the last year in Nigeria, one of its major host countries. But only one [...]
Shell Motiva Texas crude unit to create largest U.S. refinery
Thu Apr 12, 2012 12:48pm EDT * Expansion will make Motiva Port Arthur largest U.S. refinery * Coker to be shut for work later this month -sources * Vacuum unit to be shut in May for overhaul -sources By Erwin Seba HOUSTON, April 12 (Reuters) – Motiva Enterprises LLC’s Port Arthur refinery is on track [...]
Shell says sees no oil leaks from Gulf of Mexico wells
Thu Apr 12, 2012 1:48pm EDT * Shell says sheen is estimated at 6 barrels * Sheen spotted near Shell’s Mars and Ursa oil platforms * Shell says sees no leaks from its operations * Regulator says sheen near a natural seabed seep * Shell shares pare earlier losses By Kristen Hays HOUSTON, April 12 [...]
Shell Shares Fell Nearly 4% On Reports Of US Gulf Sheen
The Wall Street Journal: Shell shares traded down nearly 4% after the company reports a light sheen in U.S. Gulf
Royal Dutch Shell Shares Down 2.5% After It Reports US Gulf Sheen
The report comes nearly two years after the Deepwater Horizon drilling rig exploded in the Gulf of Mexico, unleashing the worst oil spill in U.S. history.
Shell Reports ‘Light Sheen’ In Gulf Of Mexico, Dispatches Spill Vessel
THE WALL STREET JOURNAL: Shell says it has dispatched an oil-spill response vessel to the location, between the Mars and Ursa production areas, and has requested flights to monitor the one-by-10-mile sheen with aerial surveillance.


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