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Amnesty International: Shell’s Claim Of Clean Up In Nigeria “Blatantly False”
Amnesty International: Shell’s Claim Of Clean Up In Nigeria “Blatantly False” A new report from Amnesty International alleges that Royal Dutch Shell did not, in fact, clean up its oil spills in Nigeria despite company claims that the task was completed. Shell is the largest oil company to operate in the Niger Delta, with over 5,000 kilometers […]
Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows
Oil and Gas Industry Publicly Supports Climate Action While Secretly Subverting Process, New Analysis Shows A new report recently released by InfluenceMap shows a number of oil and gas companies publicly throwing their support behind climate initiatives are simultaneously obstructing those same efforts through lobbying activities. The report, Big Oil and the Obstruction of Climate Regulations, comes on the […]
With Shell’s Failure, U.S. Arctic Drilling Is Dead
With Shell’s Failure, U.S. Arctic Drilling Is Dead Arctic Drilling in the U.S. is dead. After more than eight years of planning and drilling, costing more than $7 billion, Royal Dutch Shell announced that it is shutting down its plans to drill for oil in the Arctic. The bombshell announcement dooms any chance of offshore oil development […]
Layoffs Surge As Oil Price Outlook Remains Sober
Layoffs Surge As Oil Price Outlook Remains Sober Lately the leaders of some of the world’s biggest energy companies have been saying oil prices will remain depressed for some time – perhaps for the next five years – and now they’ve decided to cut their costs in the most painful way possible: massive job cuts. […]
Greenwash: Shell May Remove “Oil” From Name as it Moves to Tap Arctic, Gulf of Mexico
Greenwash: Shell May Remove “Oil” From Name as it Moves to Tap Arctic, Gulf of Mexico Shell Oil has announced it may take a page out of the BP “Beyond Petroleum” greenwashing book, rebranding itself as something other than an oil company for its United States-based unit. Marvin Odum, director of Shell Oil’s upstream subsidiary companies in the Americas, told Bloomberg the name Shell […]
Shell’s Renewed Arctic Drilling Campaign Faces Yet Another Setback As Key Ship Forced Back To Port
Shell’s Renewed Arctic Drilling Campaign Faces Yet Another Setback As Key Ship Forced Back To Port Is Shell finally “Arctic Ready” after its doomed 2012 campaign? The company is set to begin drilling in the Arctic within the week, and it’s already not looking good. The MSV Fennica, an icebreaker vessel bound for the Chukchi Sea, had barely left […]
We May Not See Arctic Oil For Decades
We May Not See Arctic Oil For Decades Shell’s Arctic campaign this year will be pivotal. If the company cannot find large reserves of oil, it will likely set back Arctic oil development for a generation. The Financial Times reported that Royal Dutch Shell will not see Arctic oil come online anytime soon, even in the best […]
Shell Approval May Trigger Resource Race In The Arctic
Shell Approval May Trigger Resource Race In The Arctic In a few short months Shell will (re)enter the Chukchi Sea. The oil and gas major still awaits approval from a number of state and federal agencies, but in early May the company received the consent of the Obama administration to explore the remote Arctic sea 70 miles […]
Fight Over Shell’s Arctic Drilling Escalates As Polar Pioneer Arrives and #ShellNo “Paddle in Seattle” Begins
Fight Over Shell’s Arctic Drilling Escalates As Polar Pioneer Arrives and #ShellNo “Paddle in Seattle” Begins Check back often as I’ll be updating this post throughout the day with photos and updates. Here we go. Shell’s Polar Pioneer drilling rig is making its way through Puget Sound and will arrive later this afternoon at Terminal […]
Shell clears major hurdle for Arctic drilling
Shell clears major hurdle for Arctic drilling Exploration plan calls for 2 ships to drill up to 6 wells northwest of Wainwright, Alaska Just days ahead of a planned protest of Royal Dutch Shell’s Arctic drilling program in Seattle, the company on Monday cleared a major bureaucratic hurdle to drill off Alaska’s northwestern coast. The […]
Is the Fracking Lobby Setting the EU Energy Agenda?
Is the Fracking Lobby Setting the EU Energy Agenda? A European expert panel on unconventional hydrocarbons has been almost entirely taken over by the fracking industry reveals a new investigationby Friends of the Earth (FoE) Europe and theCorporate Europe Observatory (CEO). The advisory group, set up by the European Commission, is tasked with assessing ongoing fracking projects in Europe along with […]
What On Earth Are We Doing Looking For Oil In The Arctic?
What On Earth Are We Doing Looking For Oil In The Arctic? Shell is back in; Statoil is pensive, but eager; and Russia is pushing ahead. Low prices have stunted exploration, but the Arctic is still a hotbed (read: marginally warm-bed) of activity. With so much to lose in the fragile and costly environment, why are we there? […]
Bitter economic winds hasten oil industry’s retreat from the North Sea
Bitter economic winds hasten oil industry’s retreat from the North Sea Shell’s decision to begin dismantling operations in the famous Brent field is a striking example of the global impact of falling oil prices For one oil industry veteran, the dismantling of the Brent oil field in the North Sea prompts mixed feelings. There is […]
Oil Majors’ Profits Take A Beating
Oil Majors’ Profits Take A Beating The first quarterly earnings reports since the collapse of oil prices are in and the numbers show a significant deterioration in profits for the oil majors. Royal Dutch Shell went first on January 29, revealing a big jump from the same quarter a year ago, but down from the third quarter […]
