Tag: arctic drilling
Statoil will exit Alaska, following Shell
Norwegian oil company Statoil said Tuesday (Nov. 17) that it will end exploration efforts in the Chukchi Sea and close its Anchorage office. The decision comes just two months after Shell ended its quest to drill in the Arctic Ocean, citing disappointing results at its first well. Download Audio
Obama Administration cancels offshore lease sales, citing lack of interest
The Interior Department won't auction off drilling rights in the Chukchi and Beaufort Seas in the next two years. The auctions would have been the first in the Arctic Ocean since 2008, and the first under President Obama. Download Audio
Why did Shell walk away from Alaska?
Shell’s announcement left the state wondering what to blame -- low oil prices? Tough regulations? Better prospects elsewhere? In other words, is it us -- or is it Shell? Download Audio
BOEM Assessment Suggests Shell’s Chukchi Leases Remain Intact
Federal regulators are recommending that Shell’s disputed oil leases in the Chukchi Sea be left intact. That’s the conclusion of a new assessment of Lease Sale 193 – the 2008 auction where Shell picked more than $2 billion worth of Arctic drilling prospects. Download Audio
Court Rejects Shell Suit Against Environmental Groups
An appeals court has tossed out a request by Shell Oil to block future challenges from environmental groups against Arctic drilling operations.