Arctic drilling Archives - Environment + Energy Leader

Obama Administration Blocks Arctic Oil Drilling

November 21, 2016 by Jessica Lyons Hardcastle

The hits keep on coming for the oil industry as the Obama Administration races to cement its climate legacy before president-elect Donald Trump takes office in January. On Friday, the US Interior Department published its five-year plan for offshore drilling leases. The plan blocks sale of new leases for offshore ... Read more »

Obama Administration Tightens Arctic Oil Drilling Rules

July 8, 2016 by Jessica Lyons Hardcastle

The Obama administration has issued final rules on exploratory oil and gas drilling in the Arctic, requiring oil companies to take additional safety and environmental mitigation measures compared do drilling operations in other waters. The regulations, issued by the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) ... Read more »

Shell Takes $2.6bn Hit from Ending Arctic Drilling Operations

October 29, 2015 by Karen Henry

Shell reported a $6.1 billion loss on its third quarter 2015 earnings — 216 percent lower than the same quarter a year ago — after announcing announcing it will cease further exploration activity in offshore Alaska for the foreseeable future. Earnings per share for the third quarter of 2015 plummeted ... Read more »

Obama Cancels Arctic Oil Drilling Lease Sales

October 19, 2015October 17, 2015 by Jessica Lyons Hardcastle

The Obama administration has cancelled 2016 and 2017 Arctic oil drilling lease sales. The US Department of the Interior on Friday said it will cancel two oil companies’ potential Arctic offshore lease sales scheduled under the current five-year offshore oil and gas leasing program for 2012-2017. It also denied Shell ... Read more »

Shell Exits Climate Change Corporate Leaders Group

September 15, 2015September 14, 2015 by Jessica Lyons Hardcastle

Royal Dutch Shell is no longer a member of the Prince of Wales’s Corporate Leaders Group — a leading climate change advocacy group it helped start 10 years ago. Shell’s departure comes as environmentalists increasingly call for the oil company to halt its drilling operations in the Arctic Ocean. A ... Read more »

Shell Drill Rig Operator Fined $12.2 Million

December 10, 2014December 9, 2014 by Jessica Lyons Hardcastle

Noble Drilling, the company that operated Shell’s two drill rigs used in the 2012 Arctic offshore season, has agreed to pay $12.2 million stemming from environmental and safety violations aboard its vessels, the Alaska Dispatch News reports. Noble Drilling is the owner and operator of the Noble Discoverer and operator ... Read more »

Lego, Shell ‘Put Cash Before Kids, Environment’

July 3, 2014July 3, 2014 by Jessica Lyons Hardcastle

Lego is putting cash before kids and the environment, says a Greenpeace report that calls on the world’s biggest toy company to stop making toys with Shell’s branding. Greenpeace says the oil giant is threatening the Arctic and that Shell is using Lego to neutralize controversy over its climate impacts ... Read more »

Policy & Enforcement Briefing: Oil by Rail, Free Trade Deal, Arctic Drilling

January 24, 2014January 24, 2014 by Tamar Wilner

The US National Transportation Safety Board and the Transportation Safety Board of Canada yesterday issued recommendations for crude oil transportation by rail. They proposed that rail carriers develop spill-response plans and avoid highly populated areas. Such transportation has come under increasing pressure after a series of derailments and fires. Last week ... Read more »

Shell Violates Clean Air Act, Pays $1.1m

September 9, 2013September 9, 2013 by Jessica Lyons Hardcastle

Shell will pay $1.1 million for violating its Clean Air Act permits for arctic oil and gas exploration drilling in the Chukchi and Beaufort Seas, off the North Slope of Alaska. Based on EPA’s inspections and Shell’s excess emission reports, the federal agency documented numerous air permit violations for Shell’s ... Read more »

Waitrose Caves to Greenpeace, Puts Shell Deal On Ice

December 14, 2012December 14, 2012 by Jessica Lyons Hardcastle

Waitrose has stalled plans to expand its partnership with Shell, in a victory for Greenpeace, which has been pressing the UK supermarket to abandon the partnership because of the oil company’s plans to drill in the Arctic. In a blog Greenpeace writes that after only 12 days — and 40,000 emails, ... Read more »

Policy & Enforcement Briefing: US Carbon Tax, Australia Carbon, EU ETS Oversupply, Renewable Energy Support

September 28, 2012June 30, 2013 by Leon Walker

A $20 per metric ton carbon tax in the US could reduce the country’s budget deficit by 50 percent over the next 10 years, according to the Congressional Research Service. The tax would generate $88 billion in 2012, rising to $144 billion by 2020, reducing US debt by between 12 ... Read more »

Policy & Enforcement Briefing: EU Aviation, ‘Stop the War on Coal,’ Drought Aid, Energy Efficiency

September 24, 2012June 30, 2013 by Leon Walker

The Senate unanimously passed a bill Saturday that would shield US airlines from paying for their carbon emissions on European flights on the EU ETS. The House passed a similar measure, and could work out differences with the Senate’s version or accept the Senate bill when Congress returns for a post-election ... Read more »

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