Tag: Arctic drilling

Arctic offshore drill company enters guilty pleas

Bernie G. Wolford Jr., president of Noble Drilling U.S. LLC, appeared in federal court in Anchorage on Friday after reaching an agreement with prosecutors earlier this month.  More »

Obama withdraws Alaska’s Bristol Bay from drilling

Obama says in a video announcement that the natural resource is too precious to be put out to the highest bidder.  More »

Noble pleads guilty to violations involving Arctic drillship

Noble Corp. pleaded guilty Monday to eight criminal charges tied to pollution, propulsion and record keeping problems with the two drilling rigs that bored Arctic oil wells for Shell in 2012.  More »

Feds up Arctic oil estimates to satisfy court

The Obama administration is quadrupling its estimate of how much crude could be harvested from Arctic drilling leases it sold oil companies six years ago. Regulators also think there is a 75 percent chance of at least one large spill occurring in the area.  More »

Oil companies want more time for Arctic drilling

Three oil companies with billions invested in Arctic drilling leases are pleading with the Obama administration for extra time to hunt for crude under waters north of Alaska, but so far, federal regulators have been skeptical.  More »

Shell seeks five more years for Arctic oil-drilling drive

Shell, which has spent eight years and $6 billion to explore the Arctic’s Beaufort and Chukchi seas, said in letter to the Interior Department that “prudent” exploration before leases expire is now “severely challenged.”  More »

Offshore drilling a winner in tight contests

A new poll shows that support for Arctic drilling is high in states where there are close Senate races.  More »

Lego to scrap Shell deal after Arctic protest

Environmental activists Greenpeace launched in July a video showing an Arctic landscape with a Shell drilling platform made of Lego bricks covered in oil.  More »

U.S. could press for international Arctic drilling standards

The United States may use its role heading the Arctic Council to push for standards governing oil drilling and development throughout the region, the Obama administration’s top Arctic envoy said Tuesday.  More »

Shell, ConocoPhillips plead White House for flexibility in Arctic

Oil companies hoping to find crude under Arctic waters north of Alaska are imploring the Obama administration to ensure new rules governing drilling in the region don’t force them to stash emergency equipment nearby nor block them from using chemical dispersants to clean up any spills.  More »

Feds reveal details on Shell’s Arctic ambitions

More details came to light Tuesday on Shell’s plans for exploratory oil drilling in the Chukchi Sea north of Alaska, as federal regulators released a copy of the company’s broad Arctic drilling blueprint.  More »

Administration studies Arctic requirements

The Obama administration is closer than ever to imposing the first minimum standards for oil and gas activity in U.S. Arctic waters, as Shell pursues permits that could allow it to resume drilling in the region next year.  More »

Shell signs deal with Alaska native group

Shell moved Thursday to deepen its relationship with Alaska natives who live near the company’s Arctic oil wells, signing a deal that gives them royalties from some of the projects an option to buy into them later.  More »

Shell keeps Arctic drilling on table for 2015

The future of oil exploration in some U.S. Arctic waters may rest with federal courts, but Royal Dutch Shell’s CEO said Thursday the company is undaunted by the legal logjam.  More »

Oil companies forfeit Arctic drilling rights

Oil companies that had locked up more than 1.3 million acres of the Beaufort Sea for drilling in 2007 have since relinquished nearly half that territory, signaling the industry’s appetite for tapping those Arctic waters may be waning even as the Obama administration makes plans to auction off more of the area.  More »
Page 1 of 812345...Last »