Putting safety first is one of the most important ingredients to a successful major energy company, said former Shell CEO, Jeroen van der Veer, sharing a list of problems that executives need to watch out for.
Testimony in the grounding of a Royal Dutch Shell PLC drill barge off a remote Alaska island focused Thursday on why its towing vessel unexpectedly lost power in stormy conditions in the Gulf of Alaska.
After drifting toward shore on a floating drill rig tilted by 30-foot swells and 45-knot winds, then riding a basket up to a hovering Coast Guard helicopter, Todd Case said he would revise the towing plan for the vessel on a winter trip across the Gulf of Alaska.
Pipelines in North America spilled three times as much crude oil as trains for comparative distances over an eight-year period, the International Energy Agency said today in a study it based on U.S. Department of Transportation data.
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