Royal Dutch Shell presented its 2014 earnings report today and commented on what is ahead for it in 2015. With results that were lower than expected and âdisappointingâ according to analysts, Shell was quick to point out the measures taken to cut costs and its serious commitment to âefficient use of capitalâ. It didnât take … Read More
Arctic
Response to Obama Administration’s 5 Year Plan on Offshore Drilling
The world is in a very big hole with climate change and when you’re in a hole the first order of business should be to stop digging. Unfortunately, the Administration’s Five Year Plan amounts to climate denial.
Frozen Future: Shell’s Ongoing Gamble in the US Arctic
‘Frozen Future’ warns investors of the risks to shareholder value from Royal Dutch Shellâs Alaskan Arctic drilling program.
Russia Leads Arctic Oil Race
Three years after Russian divers thrust a rust-proof flag into the seabed below the North Pole, the countryâs Prime Minister, Vladimir Putin, will attend the Arctic Forum in Moscow today. Putin wants to stake Russiaâs claim in the increasingly frantic battle for control of the Arctic’s resources. Ironically the more the ice melts through climate … Read More
Itâs as if Deepwater Never Happened..
When the Deepwater disaster occurred in the Gulf of Mexico four months ago, many commentators argued that this was a âgame changerâ that would change the energy debate forever. Politicians and the public would realise that the ecological and social cost of offshore drilling was becoming unacceptable, the thinking went. If you morph the lessons … Read More