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Posts on ‘June 29th, 2011’

AP Interview: Shell president optimistic on Arctic

By DAN JOLING, Associated Press – 29 June 2011

ANCHORAGE, Alaska (AP) — Shell Oil President Marvin Odum has faith that his company can develop vast reserves in the Chukchi Sea off Alaska’s northwest coast. But he’d like to get on with exploratory drilling to tap into a resource that could be crucial to meeting the country’s energy needs.

“That’s an area where working in Alaska has, frankly, been disappointing to us as a company,” Odum said in an interview with The Associated Press. “It has taken much longer that we originally thought it would.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Lawmakers Seek Inquiry of Natural Gas Industry

A version of this article appeared in print on June 29, 2011, on page A12 of the New York edition

Photo Credit: J. Scott Applewhite/Associated Press

Representative Maurice D. Hinchey (right) wants S.E.C. action.

WASHINGTON — Federal lawmakers called Tuesday on several agencies, including the federal Securities and Exchange Commission, the Energy Information Administration and the Government Accountability Office, to investigate whether the natural gas industry has provided an accurate picture to investors of the long-term profitability of their wells and the amount of gas these wells can produce. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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