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Shell cancels 2014 Arctic drilling – Arctic Ocean & Inupiat rights reality check
Today Shell announced it was canceling its 2014 drilling in the Alaskan Arctic. This is a guest blog by Faith Gemmill, Executive Director of Resisting Environmental Destruction on Indigenous Lands (REDOIL), on the court decision that forced Shell’s hand, and the Indigenous rights context behind it. Last week the Court of Appeals for the Ninth Circuit…
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Court rules against Alaska Arctic drilling
Yesterday a coalition of Alaska Native and environmental groups won against Arctic oil drilling in a Court of Appeals in the US. The Court ruled that the US government sold leases in the Chukchi Sea in 2008 illegally. Here’s a quick review of the history of the case and what the decision might mean. What…
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As Shell issues profit warning, new CEO needs a change of Arctic direction
At 07.00 this morning Shell issued a profit warning. Just twelve working days since taking up his post as new CEO of Shell, Ben van Beurden has had to say “Our 2013 performance was not what I expect from Shell”. The company made $27.2bn in 2012, it looks likely to make only $16.8bn in 2013 – this…
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The Arctic in New York – shareholders scrutinise Shell’s next move
Mika Minio-Paluello, Anna Galkina and James Marriott travelled in North America as part of a tour over September and October to promote The Oil Road – Journeys from the Caspian to the City of London. The eighth of a series of blogs on the journey comes from New York… It was Maurice Bridgeman who really…
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BP sponsorship provokes Tate Member resignations at AGM
As Christmas approaches, there’s a lot of Tate social media suggesting that you give the gift of Tate membership to your loved ones this year. But there are a number of Tate members who feel that membership means “just pay your fees and don’t ask questions.” The annual Tate Members AGM looks set to be…
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21 Aug 2013 adminGazprom polar bear ‘gift’ seeks to gloss over the reality of Arctic drilling
NB This blog post was part of an internet hoax instigated by Greenpeace and The Yes Men. You can read more about it here. Check out this ‘video news release’ from the giant Russian energy company Gazprom, celebrating its new partnership with Shell to drill for oil in the Arctic. The bear in the film…
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Shell AGM: “With patience and saliva the ants devour the elephant”
Just returning from the Annual General Meeting of Shell at Den Haag in the Netherlands – tired but exhilarated by the experience. As with the AGM in 2012 there was a powerful array of civil society groups from all over the world taking the time and devoting the energy to travel to the grey, rain…
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Greenpeace sounds alarm on oil groups after sinking of platform, featuring our report ‘Russian Roulette’
Guy Chazan. Piece made homepage of FT website
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Russian Roulette: International Oil Company Risk in the Russian Arctic
International Oil Companies (IOCs) face pressure from investors to achieve a positive reserves replacement ratio. With governments around the world increasingly asserting control over natural resources in their territory, as well as conventional oil reserves dwindling, the Arctic is one of the frontier areas targeted by IOCs. In Russia, IOCs have entered a number of…
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Shell and Gazprom sign more documents on Arctic tie-up
Gazprom and Shell signed a new agreement today, under the eyes of Vladimir Putin on his trade mission to Europe. The agreement has been in discussion for a few years; at one point a BP-and-Rosneft style share swap was discussed, but the two companies appear to have settled for a Joint Venture. Together they’ll extract…
