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Statoil abandons Alaska Arctic drilling plans

November 17, 2015 // 0 Comments

After Shell in September said it would cease its offshore exploration efforts in Alaska, another oil major has decided to follow suit. Namely, Norway’s largest oil company [...]

Why Shell quit drilling in the Arctic?

September 29, 2015 // 0 Comments

Royal Dutch Shell’s abrupt announcement today that it would cease all offshore drilling in the Arctic is surprising for several reasons. One is the unusual degree of [...]

Shell plans to drill offshore Alaska in 2015

January 31, 2015 // 0 Comments

Royal Dutch Shell has plans to return to Arctic drilling. The company has revealed its intentions while presenting the fourth quarter 2014 results. Shell’s Chief Financial [...]