Shell considers legal action over offshore-drilling freeze

05/24/2011 | FuelFix.com

Royal Dutch Shell is studying whether to pursue legal action over potential losses from the U.S. government's deepwater-drilling moratorium. "Before launching any form of action or deciding not to launch any form of action you need to gather as much information as you can," said Peter Rees, a Shell legal director. Such permitting delays could decrease Shell's daily output by 50,000 barrels of oil equivalent this year, CEO Peter Voser has said.

View Full Article in:

FuelFix.com

Published in Brief: