Shell suspends Arctic oil drilling for the year


Royal Dutch Shell announced yesterday that it was setting “pause” on its exploratory drilling activities in the Arctic for 2013. Shell’s operations are currently under review by the federal government after the oil company suffered numerous setbacks during last year’s opening attempt to drill exploratory wells in the Beaufort and Chukchi Seas, including running its drilling rig aground on Sitkalidak Island in southern Alaska in late December.


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