Arctic drilling rights OKd for Shell Oil
Article by Jennifer A. Dlouhy published Tuesday, March 31, 2015 by sfgate.com
Arctic drilling rights OKd for Shell Oil
WASHINGTON — The Obama administration on Tuesday reaffirmed a 2008 government auction of Arctic drilling rights over objections from environmentalists, delivering a major victory to Shell Oil Co. as it seeks to resume exploratory drilling in the Chukchi Sea this summer.
In validating the 7-year-old auction, Interior Secretary Sally Jewell stressed that the Arctic “is an important component of the administration’s national energy strategy.”
“We remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration offshore Alaska,” Jewell said in a statement. “This unique, sensitive and often challenging environment requires effective oversight to ensure all activities are conducted safely and responsibly.”
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