Shell Halts Arctic Oil Drilling Off Alaska

Royal Dutch Shell said Monday it is halting its oil drilling operations in the Arctic waters off the coast of the U.S. state of Alaska "for the foreseeable future." A company statement said an exploratory well found "indications of oil and gas" in the Chukchi Sea about 240 kilometers from the town of Barrow, but not enough to continue operations.  It cited high costs and the "unpredictable federal regulatory environment" among reasons for deciding to...

© La Voix de l'Amérique - lundi 28 septembre 2015