Energy and Environment

Shell to skip Arctic drilling after court ruling

By Zack Colman
Published January 30, 2014 5:00am ET
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Shell to skip Arctic drilling after court ruling
U.S. Court of Appeals for the Ninth Circuit ruling last week that the Interior Department erred in its environmental assessment underpinning the 2008 lease sale in the Chukchi Sea off Alaska's northwest coast. New Shell CEO Ben van Beurden said that made the legal landscape too murky for this summer. (AP Photo) | Alastair Grant

Royal Dutch Shell will abandon plans to drill in the Arctic this summer following a court ruling that put its program in doubt.

The U.S. Court of Appeals for the Ninth Circuit ruled last week that the Interior Department erred in its environmental assessment underpinning the 2008 lease sale in the Chukchi Sea off Alaska’s northwest coast, undervaluing the amount of potential development. New Shell CEO Ben van Beurden said that made the legal landscape too murky for this summer.

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Tag:

Interior Law Offshore Drilling Oil PennAve Shell