Prince Charles tours Shell Oil Refinery near Houston
Donning a carnation, Prince Charles tours the Shell Oil Refinery near Houston in Deer Park, Texas, on February 19, 1986, as part of a Texas visit. (UPI Photo/Walt Frerck/Files)
S&P 500 closes at an all-time high ... Coast Guard refers Shell to Justice Dept. ... Chicago business barometer throttles back ... Fourth-quarter GDP revised slightly higher ... News from United Press International.
A Coast Guard official in Alaska said a request has been made for the Justice Department to investigate Shell Oil's failed 2012 arctic drilling efforts.
Oil company Shell said Tuesday it was throwing its financial weight behind two liquefied natural gas corridors planned for the North American market.
Royal Dutch Shell PLC put its exploratory-well drilling off Alaska on ice after several costly accidents but said it was committed to arctic drilling.
Signing a deal with Kinder Morgan to export liquefied natural gas shows how the United States is changing the energy sector's landscape, Shell's president said.
U.S. Rep. Ed Markey, D-Mass., said he wanted to know whether Shell moved its drill ship Kulluk to a different harbor to avoid tax liability on the rig.
Shell Oil Co. President Marvin Odum said production from the deep-water Perdido hub in the U.S. waters of the Gulf of Mexico was going "extremely well."
The U.S. Interior Department and U.S. Coast Guard announced they were conducting separate investigations into the grounding of Shell's drill ship Kulluk.
It's too early to determine what effects the grounding of drill ship Kulluk will have on an Alaskan exploration campaign, a Shell official said.
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