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US Approves Shell Oil Deepwater Drilling Plan
Posted in BP British Petroleum,Deepwater Horizon,Environment,Government,Gulf Coast,Royal Dutch Shell,World Maritime News on May 11, 2011
WASHINGTON, DC — The U.S. Government approved on Wednesday, May 11, a Royal Dutch Shell PLC plan to drill for oil in five locations deep under the Gulf of Mexico. Over objections from environmental groups, the Shell plan is the second deep-water exploration plan approved in the Gulf since the government lifted a moratorium on… read more
Oil Companies Hurt by Delays After Gulf Drilling Ban is Lifted
Posted in BP British Petroleum,Chevron,Deepwater Horizon,Environment,Government,Gulf Coast,Royal Dutch Shell,World Maritime News on January 3, 2011
The Gulf oil spill ban, which was lifted several months ago by the Obama administration, continues to hurt big oil companies such as Chevron Corp. and Royal Dutch Shell PLC. These companies have billions of dollars tied up in Gulf projects that are on hold and are paying hundreds of thousands of dollars a day… read more