Shell suffers setback in Alaska
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.
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
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What is the average salary by age – and how do you compare?
Are you making more than your peers? We look at the average salary by age to see how much the typical Brit earns at different stages of their life
By Daniel Hilton
-
Tesco braces for supermarket price war with rival Asda
Tesco, Britain’s biggest grocer, has opted to cut its prices more quickly to prevent Asda grabbing market share
By Dr Matthew Partridge