Archives Mensuelles: novembre 2013

Shell moves to resume Arctic drilling

Royal Dutch Shell on Wednesday filed a formal exploration plan for the Arctic waters north of Alaska, marking an important step forward for its ambition to drill next summer what will be the world’s most closely watched oil well. The plan for multiple wells in the Chukchi Sea off the northwest coast of Alaska was […]

Shale gas represents ‘low risk’ to public health

The UK Onshore Operators Group (UKOOG) announced last Thursday that it welcomes a report by Public Health England that has concluded that shale gas extraction emissions represent a « low » risk to public health. The report focuses on the potential impact of chemicals and radioactive material from all stages of shale gas extraction, including hydraulic fracturing. […]

Refining overcapacity hits oil majors

Squeezed margins in the global refining industry are hurting the world’s largest oil companies, as Royal Dutch Shell, Total and ExxonMobil all blamed poor quarterly earnings on a decline in their downstream businesses. Results from Shell were the most disappointing last Thursday, as its profit dropped almost a third to $4.5bn. ExxonMobil’s profit fell 18 […]