Royal Dutch shell (NYSE: RDS. A) today announced that it plans to stop in Alaska's arctic sea drilling for oil in the rest of this year's time. Along with the technical difficulties and treacherous conditions, in the chukchi sea and beaufort sea have threatened the operation, the company's two drilling ship, Kulluk discoverer, shell is sent to a secret location in Asia's major renovation and maintenance of ships. Drill in 2005 a stormy sea won the license, the company has spent $4.5 billion search oil. Information shows that, part of the shell crisis of confidence, is celebrating environmental groups, hope to use the company's failure, in order to make progress in the future of the original arctic drilling. Why in the arctic? Consensus estimates is, about 22% of the rest of the global oil and gas in the arctic, the underground. Obviously shell will use these reserve benefit, and other companies in the game, conocophillips (NYSE: COP) reiterated its plan in 2014 opened the exploratory well in the chukchi sea. In addition, Norway recently promoted in the arctic region undiscovered oil estimation, from $1.87 billion to 16.2 billion barrels. The country has opened up a new drilling since 1994, but will determine whether this summer will be extended to the North Pole, in the Barents sea area. The problem is, the arctic waters rough, the weather is very cold, can open the worst very quickly (shell's Kulluk drill ships and equipment technical problems over a period of time, but finally ground during the storm, the ship was towed south for the winter), and there is a lot of review offshore drilling now shell and republican both shell and ConocoPhillips (ConocoPhillips) will begin to explore to wait, if you need more powerful and effective technology for drilling, cleaning and rescue. 2010 years of deep water horizon (NYSE: RIG) in the gulf of the disaster, care is the most important - the public, investors, and government, and the environment. All this is so, shell in Alaska republican politicians have faith drilling will return to the chukchi sea and beaufort sea. Shell America upstream director Marvin's Odysseus, referred to as a pause, he said, "we decided in 2013 to suspend our time, to ensure that all of our equipment and personnel's preparation." MuKao merezhkovsky Alaska republican senator lisa added stop saying, said, "this is the only a pause in a years of drilling project, will eventually provide huge benefits to the state, Alaska and as a whole country." To cap it all closed, the governor of Alaska, Sean parnell in the long run, he said, "we are in a new era of early stage, in the arctic oil exploration, will continue to decades of measured and responsible way".
Other News:
Shell Takes a 'Gap Year' Break From Oil Exploration in the Arctic, but What of 2
EU moves closer to imposing caps on banker bonuses
Ahead of the Bell: US Unemployment Benefits
Parties may struggle to form government in Italy
NY marks 20th anniversary of World Trade bombing
Deutsche Telekom 2012 loss of $6.88 billion)
Putin: Russian military by 2020 the proportion of new equipment will reach 70-10
‘Housing Recovery Is the Real Deal This Time’
