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Oil and Gas Companies back global agreement to curb carbon emissions
As a global agreement to back climate-warming, carbon emissions draw closer and oil and gas companies are talking about coal as a crucial part …
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European energy groups approached UN government for backing carbon pricing system
For the first time six leading oil and gas companies have been banded together to ask –The UN to agree and help device, and …
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Shell starts oil drilling in Alaska
Royal Dutch Shell started oil drilling in the Chukchi Sea, just 70 miles off the coast of northwest Alaska. The company, however, has begun just preparatory oil drilling for the well in the Arctic after waiting 4 long years since it paid roughly $2.8 billion to the federal government for petroleum leases in the Chukchi Sea. Shell’s officials hope that the preliminary work in Alaska will lead to a bonanza which will help expand company’s businesses as well as extend Alaska’s oil economy.
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BP share prices shoot up following reports of Shell takeover
Reports by The Daily Mail newspaper regarding Royal Dutch Shell having considered a takeover bid during the Gulf of Mexico oil spill resulted in oil …
