Chukchi Sea News
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President Barack Obama should resist calls to combat rising gas prices with oil from U.S. reserves, which must be available in the event Iran blocks a pathway for a fifth of the crude heading to market, Republicans say.
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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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A proposal to increase royalty rates for energy production on federal lands isn’t imminent and won’t be included with President Barack Obama’s 2013 budget proposal this month, an administration official said.
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Royal Dutch Shell Plc won conditional U.S. approval for a plan to drill as many as six exploration wells in Alaska’s Chukchi Sea next year, the Bureau of Ocean Energy Management said.
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Long winter nights and ice that clogs Arctic seas from November through June haunt Royal Dutch Shell Plc’s ambitions to explore for oil off Alaska.
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The 2008 U.S. sale of Alaska oil leases, which raised more than $2.6 billion from companies including Royal Dutch Shell Plc and Statoil ASA, was reaffirmed today by the Interior Department.
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The parking lot at the Millennium Alaskan Hotel in Anchorage was as jammed at 6:30 a.m. on a Thursday as the float-plane marina at neighboring Lake Spenard. About 170 oil executives, tribal entrepreneurs and state employees entered through a lobby adorned with stuffed polar bears and mounted moose heads.
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Royal Dutch Shell Plc said it has plans to limit the effect on wildlife from exploration in the Beaufort and Chukchi seas off Alaska after the U.S. designated some areas as “critical” for polar bears.
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