Royal Dutch Shell has suffered a setback on its Alaska drilling programme, with the containment dome aboard the Arctic Challenger barge sustaining damage during a final test of the containment system.
The time required to repair the dome, along with steps taken to protect local whaling operations and to ensure the safety of operations from ice floe movement, have led the oil giant to revise its plans for the 2012-2013 exploration programme.
More to follow ...
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
JH
-
8 of the best properties for sale for around £1 millionThe best properties for sale for around £1 million – from a Grade II-listed former watermill in Torpoint, Cornwall, to a two-bedroom apartment close to London’s Kensington High Street
-
Inheritance tax reforms: government urged to rethink curbs on rural reliefsMPs want the government to delay changes to inheritance rax reliefs for farmers
