Beaufort Sea News
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Alaska’s North Slope shales may hold as much as 80 trillion cubic feet of gas, or more than half the highest estimate for the Marcellus formation, and as much as 2 billion barrels of oil, the U.S. Geological Survey said.
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The U.S. dropped the biggest prosecution of individuals accused of foreign bribery after two trials in the case ended with three acquittals and seven mistrials.
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Royal Dutch Shell Plc’s air pollution permits for offshore oil drilling in Alaska were challenged by environmental groups who said the permits violate the U.S. Clean Air Act.
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Royal Dutch Shell Plc won U.S. approval for its oil-spill response plan in the Chukchi Sea, bringing the company closer to drilling off the north coast of Alaska after a five years of preparation.
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Chevron Corp., Statoil ASA and Repsol YPF SA agreed to jointly drill oil exploration wells off Canada’s Arctic and Atlantic coasts.
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Royal Dutch Shell Plc cleared an obstacle against drilling off the coast of Alaska today as the Environmental Protection Agency’s Environmental Appeals Board denied a challenge by environmentalists.
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Royal Dutch Shell Plc won conditional U.S. approval for its exploration plan in Alaska’s Beaufort Sea, a step toward tapping oil leases bought in 2005 and 2007 in which it has invested more than $3.5 billion.
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Repsol YPF SA, Royal Dutch Shell Plc and ConocoPhillips are among the high bidders for oil leases offered by the State of Alaska.
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Imperial Oil Ltd. , Exxon Mobil Corp. and BP Plc formed a joint venture to explore for oil and natural gas in Canada’s Beaufort Sea.
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Royal Dutch Shell Plc received draft U.S. air quality permits for oil drilling in Alaska’s Chukchi and Beaufort seas.
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