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Marvin Odum

(Bureau of Safety and Environmental Enforcement)

Shell abandons Arctic oil quest after $7 billion bid yields ‘disappointing’ results

After failing to find commercially viable quantities of oil and gas at its Chukchi Sea well, Shell said it will halt exploring U.S. Arctic waters and could take a $4.1 billion write down.
(Andrey Rudakov/Bloomberg)

Deals bring in $2.1 billion, additional acreage to Shell Oil Co.

Shell Oil Co. today announced a pair of deals Thursday morning in which it will give up onshore gas operations in Wyoming’s Pinedale and Louisiana’s Haynesville fields in exchange for $2.1 billion and additional acreage in Pennsylvania.
A series of pipes direct natural gas in Bismarck, North Dakota. (Daniel Acker/Bloomberg)

EPA rule gives new boost to gas

Natural gas is poised to be one of the biggest winners of the Obama administration’s new plan to slash carbon dioxide emissions, accelerating the electric sector’s move away from coal toward the cleaner-burning power source. But natural gas industry executives weren’t eager to crow about their victory Monday.
Protestors at the National Mall call on President Obama to reject the Keystone XL pipeline on Feb. 17, 2013. (AP Photo/Manuel Balce Ceneta)

Executives to Obama: Rejecting pipeline would threaten economy

More than 160 business executives on Thursday warned President Barack Obama that rejecting the Keystone XL pipeline would send a dangerous signal to investors and threaten U.S. economic growth.
From left to right, Minister-President of the Flemish Government Kris Peeters, Minister of infrastructure and the environment of Netherlands Melanie Schultz van Haegen, Shell Upstream Americas Director Marvin Odum, Flemish Minister of Mobility and Public Works Hilde Crevits, and Netherlands Prime Minister Mark Rutte, talk after a speech at the Pennzoil Place, Tuesday, July 9, 2013, in Houston. The top government officials from the Netherlands and Belgium visited with Shell executives as Shell explained their nations' oil field expertise. (Cody Duty / Houston Chronicle)

Low Countries visitors have high hopes for energy

A Dutch-Flemish business delegation of more than 100 made a three-day trade visit to Houston this week, hoping to forge stronger business ties and to extend the North American energy revolution to a sometimes-skeptical Europe.
Marvin Odum, Shell Oil Co. president, says he’s “110 percent ready” to work with people who want to find ways to improve drilling. Mayra Beltran / Houston Chronicle file)

Shell’s Odum:Optimistic on liquefied natural gas for transportation

In an exclusive interview with FuelFix, Shell Oil President Marvin Odum talks about the challenges and opportunities for liquefied natural gas, as the LNG17 conference gets underway in Houston.
Marvin Odum, president of Shell Americas (Nick de la Torre/Houston Chronicle )

Shell promotes US natural gas by using it

As it looks to boost demand for bountiful natural gas, Royal Dutch Shell figures a good way to start is by using the fuel to power its own drilling rigs, ships and heavy trucks – with hopes of spurring others to make the same transition.
Shell's Kulluk drilling rig, shown under tow in January 2013 after running aground in Alaska, must go to Asia for repairs.

Shell calls off 2013 Arctic drilling

Shell Oil Co. is calling off its plans to resume hunting for oil in Arctic waters north of Alaska this summer, after a problem-plagued drilling season that ended with the grounding of one of its rigs.
Shell used the drillship Noble Discoverer for its 2012 drilling in the Chukchi Sea north of Alaska.  (Jennifer A. Dlouhy / The Houston Chronicle)

Coast Guard documented 16 deficiencies on Arctic drillship

The drillship used to bore part of an Arctic oil well for Shell last summer lacked sufficient propulsion power, had engine problems and posed fire hazards, according to a Coast Guard inspection of the vessel last November and released on Friday.
El Paso Corp.'s Elba Island terminal near Savannah, Ga., in 2001.

Shell, El Paso Pipeline Partners plan LNG export facility

Shell and El Paso Pipeline Partners plan to build a plant for exporting natural gas at the existing Elba Island LNG import terminal near Savannah, Ga. It’s the latest venture aimed at taking advantage of high Asian and European prices for the fossil fuel.