Tag: shell

Shell formally launches 2015 Arctic drilling bid

Shell’s campaign to resume Arctic drilling in 2015 took a major step forward Thursday, as the company gave federal regulators a broad drilling blueprint that lays out plans for boring new exploratory oil wells in the Chukchi Sea. It is the strongest evidence yet that the company will keep pursuing a big discovery in the U.S. Arctic, after a mishap-plagued 2012 exploration campaign ended with the grounding of a drilling rig and a $200 million writeoff.  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 »

Ebola outbreak threatens oil-producing Nigeria

So far the ebola virus outbreak in Africa isn’t much affecting energy operations there, but that could change with reports that the disease has reached Nigeria, the continent’s most populous nation and a major oil producer.  More »

Nigeria, Shell not cleaning oil pollution, report charges

Nigeria, a member of the Organization of the Petroleum Exporting Countries, is Africa’s largest oil producer and most populous nation.  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 beats estimates, takes gas writedown

Royal Dutch Shell, Europe’s biggest oil company, beat analyst second-quarter earnings estimates while pushing ahead with a restructuring program that saw it write off about $1.9 billion in U.S. gas assets.  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 »

Technology lets producers move jobs from platforms to land

Shell and other offshore players to move a growing number of jobs historically performed at sea onto land.  More »

Photos: At sea with Shell and the landmark Mars B project

Shell Oil Company has touted the project, expected to produce more than 100,000 barrels of oil a day at its peak, as one of its most important startups this year.  More »

Shell to sell shares in US pipeline unit amid energy boom

Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.  More »

Shell launching search for new chairman

Royal Dutch Shell Plc, Europe’s largest oil company, has started a search for a new chairman because Jorma Ollila is approaching nine years on the board, the maximum recommended for non-executives in the U.K., a person familiar with the process said.  More »

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.  More »
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