Ghost of Brent Spar Haunts Shell
Twenty years ago the oil giant Shell was embroiled in two separate controversies, which still haunt the company to this day.
Read the latest insights and analysis from the experts at Oil Change International.
Twenty years ago the oil giant Shell was embroiled in two separate controversies, which still haunt the company to this day.
As if the plummeting oil price was not bad enough, there was more bad news for the oil industry yesterday after President Obama signed a Presidential memorandum to protect the vast Bristol Bay in Alaska from future oil and gas drilling.
There was grim news over the weekend for those fighting Arctic drilling as the Russian energy giant Rosneft announced that it had struck oil in the world’s most northerly well, deep in the Arctic.
Yesterday, Norway’s ruling Labour Party took a “major step” towards opening up other areas of the Arctic to oil drilling that are currently restricted from drilling
The latest disaster is just one more in a long list for Shell in its Arctic debacle. It gives further fuel to the fire for those who argue that oil drilling in the region should be banned.
Later today as part of Obama’s “All of the Above” energy strategy, the Bureau of Ocean Energy Management will hold an oil and gas lease sale that will make more than 20 million offshore acres available to oil and gas drilling.
A group of British MEPs, led by Conservative Vicky Ford, have been secretly trying to “dismantle” the EU's offshore oil and gas safety regulation