Shell upbeat on Gulf of Mexico potential

HOUSTON, July 18 (UPI) -- The Gulf of Mexico is expected to be a source of substantial oil production during the next several years, a Shell Oil executive said.

Shucks! Oyster shells tossed back into ocean to form new oyster beds

NEW ORLEANS, June 12 (UPI) -- From something old comes something new -- in this case oysters, says a Louisiana group that is returning oyster shells shucked in restaurants back to the ocean.

UPI NewsTrack Business

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.

Coast Guard refers Shell to Justice Dept.

ANCHORAGE, Alaska, March 28 (UPI) -- 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.

Shell gives nod to North American LNG

THE HAGUE, Netherlands, March 5 (UPI) -- Oil company Shell said Tuesday it was throwing its financial weight behind two liquefied natural gas corridors planned for the North American market.
Shell suspends drilling in Alaska's arctic

Shell suspends drilling in Alaska's arctic

ANCHORAGE, Alaska, Feb. 28 (UPI) -- 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.

U.S. gas boom opens LNG doors, Shell says

HOUSTON, Jan. 29 (UPI) -- 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.

Shell questioned on tax maneuver in Alaska

WASHINGTON, Jan. 11 (UPI) -- 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 reaches Gulf of Mexico milestone

HOUSTON, Jan. 10 (UPI) -- 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."

U.S. to investigate Shell's arctic program

WASHINGTON, Jan. 9 (UPI) -- 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.

Shell 'very sorry' for Kulluk incident

JUNEAU, Alaska, Jan. 8 (UPI) -- 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.

UPI NewsTrack TopNews

News from United Press International, around the world around the clock ...

Grounded Alaska oil-rig removal uncertain

ANCHORAGE, Alaska, Jan. 4 (UPI) -- A Shell Oil Co. official said he could offer no timeline for removal of a drilling rig grounded near an island in Alaska since a New Year's Eve storm.

Towlines connected between rig, tug boats

KODIAK, Alaska, Dec. 31 (UPI) -- An unmanned Shell oil drilling rig has been reconnected with two towing vessels in the Gulf of Alaska after going adrift south of Kodiak Island, officials said.

Exxon extends Africa's energy enterprise

JOHANNESBURG, South Africa, Dec. 21 (UPI) -- Exxon Mobil's plans to explore for oil and gas in 2.8 million acres off South Africa's east coast, expanding the energy boom along Africa's Indian Ocean flank.

Shell launches Brazil production

RIO DE JANEIRO, July 14 (UPI) -- Production at the vast Parque das Conchas fields off the southeastern coast of Brazil is the first to use submarine oil and gas separation, Shell Oil Co. said.

Environmentalists sue Shell Oil in Texas

HOUSTON, Jan. 8 (UPI) -- Environmental groups have filed a lawsuit claiming that Shell Oil has released carcinogens into the air in the Houston area.

Shell continues cutback in Nigerian port

LAGOS, Nigeria, June 1 (UPI) -- The Bomu pipeline protest in Nigeria was in its fourth day Friday with Shell Oil Co. continuing to cut back on production.

Shell Canada urges parent takeover

CALGARY, Alberta, Jan. 23 (UPI) -- Shell Canada's board wants shareholders to OK Royal Dutch Shell's $8.7 billion bid for the 22 percent it doesn't already own, Royal Dutch Shell said Tuesday.

Shell sells outlets to affiliate

HOUSTON, June 29 (UPI) -- An Ohio affiliate of Shell Oil Co. is buying 29 Shell-branded locations and three supply contracts in the Columbus, Ohio, area.

9 Shell workers kidnapped in Nigeria

ABUJA, Nigeria, Feb. 18 (UPI) -- Revolutionaries in Nigeria have kidnapped nine foreign oil workers and are demanding that natural resources in the African country be nationalized. The Movement for the Emancipation of the Niger Delta demand profits from oil stay in Nigerian hands and tol

FTC drops Shell refinery probe

WASHINGTON, May 26 (UPI) -- U.S. regulators said Thursday they had concluded their investigation of a Shell Oil Co. unit's decision to close a big California gasoline refinery.

Shale project to be readied in Colorado

MEEKER, Colo., April 7 (UPI) -- Shell Oil Co. is testing a shale oil project in northwestern Colorado to see if it can become commercially viable by the end of this decade.

Nigeria gives Shell $1.5 billion eco-bill

ABUJA, Nigeria, Aug. 26 (UPI) -- The Shell oil company has been handed a $1.5 billion bill for ecological compensation in the Niger delta by the government of Nigeria.

Shell hoping Iraq will boost its reserves

LONDON, May 4 (UPI) -- The Royal Dutch/Shell oil group is betting that prospects in Iraq will help it rebuild depleted oil reserves, the Guardian reported Tuesday.
Page 1 of 2