Tag: Shell Oil Co

Coast Guard blames 2012 Arctic rig grounding on bad decisions

Coast Guard investigators on Thursday rapped Shell Oil Co. and its contractors for failing to heed the dangers of towing a drilling rig across stormy Alaska waters in late 2012 — a voyage that ended when it ran aground on New Year’s Eve.  More »

Shell’s delay ignites calls for deep freeze on Arctic drilling

Environmentalists celebrated Shell’s decision to put its 2014 Arctic drilling plans on ice, but drilling advocates said they hope it’s just a temporary setback.  More »

Shell puts 2014 Arctic drilling plans on ice after legal challenge

Shell officials on Thursday said the oil company will not resume drilling in Arctic waters north of Alaska this summer, following a federal appeals court decision throwing its offshore leases there into jeopardy.  More »

Alaska Democrat ‘optimistic’ on Arctic drilling this summer

Sen. Mark Begich of Alaska says he’s optimistic that drilling can resume in Arctic waters this summer despite a federal court ruling against the government’s handling of offshore drilling leases in the region.  More »

Shell outlines 2014 drilling plans

Shell is working to convince the Obama administration that it has learned from its recent mishaps and is ready to launch a new round of Arctic drilling next year.  More »

Shell launches formal bid to resume Arctic drilling

Shell Oil Co. on Wednesday filed a broad drilling blueprint with federal regulators in Alaska, officially launching its formal bid to resume drilling in Arctic waters north of the state next summer.  More »

Shell announces return to Arctic in 2014 despite mishaps

Shell officials on Thursday said the oil company plans to make another, dramatically scaled-back bid to find crude in Arctic waters, following a headline-grabbing 2012 season that left the firm with a devastated drilling rig, air pollution fines and embarrassing equipment failures. But there are major hurdles for Shell to restart its Arctic drilling operations in 2014.  More »

Shell pulls out of oil shale project, leaving one big operator behind

Shell is abandoning its decade-long quest to commercially extract shale oil from Colorado, leaving just one major company betting big on the future of that unconventional crude in America.  More »

Shell responds to $1.1 million Arctic pollution deal

Shell’s troubled quest for Arctic oil in 2012 — now capped with a $1.1 million fine for environmental violations — will make the company better prepared to return to the region, a spokesman said Friday.  More »

Shell to pay $1.1 million in fines to settle with EPA over Arctic drilling

In a settlement with the federal government announced late Thursday, Shell Oil Co. will pay $1.1 million in fines to settle claims that it violated air pollution permits while drilling in U.S. Arctic waters last year.  More »

Oil companies break with trade group on renewable fuel mandate

The oil and gas industry’s top trade groups doggedly insist that Congress must completely scrap a federal mandate that forces gasoline makers to blend in ethanol and other renewable fuels. But not all oil companies are on board.  More »

Shell shuts in giant Gulf platform for well hookups

Shell announced Wednesday it had temporarily halted operations at its oldest tension-leg platform in the Gulf of Mexico as it nears the final stage of a $2.5 billion project to drain deep oil and gas reserves at the site.  More »
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