Shell aban­dons drilling for oil

Down to Earth - - CONTENTS -

Royal Dutch Shell calls off drilling in the Arc­tic,

claim­ing it has not dis­cov­ered any­thing

GLOBAL EN­ERGY gi­ant Royal Dutch Shell has aban­doned its drilling oper­a­tions on the Alaskan shore off the Arc­tic. The An­glo-Dutch com­pany claimed that it had dis­cov­ered only a mar­ginal amount of oil and gas in the Chukchi Sea, a mi­nor stretch in the Arc­tic Ocean off the coast of Alaska, af­ter it got the green sig­nal from the Obama ad­min­is­tra­tion in Au­gust this year. Shell will now cease fur­ther ex­plo­ration ac­tiv­ity in off­shore Alaska. This de­ci­sion re­flects the high costs as­so­ci­ated with the project and the chal­leng­ing and un­pre­dictable fed­eral reg­u­la­tory en­vi­ron­ment in off­shore Alaska, said Marvin Odum, the di­rec­tor of Shell Up­stream Amer­i­cas.

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