Shell: Deep Drilling Must Continue
Shell says rising demand means deep-water drilling must continue, but that competitor British Petroleum's massive Gulf of Mexico spill offers lessons. Meanwhile, clean energy is still being suppressed in the mad rush to destroy the planet.
At a business and political forum in Cape Town, Royal Dutch Shell PLC chief executive Peter Voser said Sunday: "Given the rise in the population and rise in developing world of energy needs, we will have to develop those resources in deep waters ...."
Voser says his company's safety guidelines are in line with U.S. proposals made in the wake of the BP spill.
Voser says, "I think for some companies there will be some learning from this."
Shell Oil, Royal Dutch Shell's U.S. arm, has been affected by the U.S. government's suspension of proposed exploratory Arctic Ocean drilling.
Copyright: arcticle: Associated Press, Google News
Original article from: http://www.google.com/hostednews/ap/article/ALeqM5iokrmzX7xE3Yp4qk3APKxI3VGBcAD9GJNPBO0
Forward this news message:Shell says rising demand means deep-water drilling must continue, but that competitor British Petroleum's massive Gulf of Mexico spill offers lessons. Meanwhile, clean energy is still being suppressed in the mad rush to destroy the planet.
At a business and political forum in Cape Town, Royal Dutch Shell PLC chief executive Peter Voser said Sunday: "Given the rise in the population and rise in developing world of energy needs, we will have to develop those resources in deep waters ...."
Voser says his company's safety guidelines are in line with U.S. proposals made in the wake of the BP spill.
Voser says, "I think for some companies there will be some learning from this."
Shell Oil, Royal Dutch Shell's U.S. arm, has been affected by the U.S. government's suspension of proposed exploratory Arctic Ocean drilling.
Copyright: arcticle: Associated Press, Google News
Original article from: http://www.google.com/hostednews/ap/article/ALeqM5iokrmzX7xE3Yp4qk3APKxI3VGBcAD9GJNPBO0