The decision comes as surging oil prices have been rattling global markets and after Ukraine’s foreign minister criticized Shell for continuing to buy Russian oil.
As climate change impacts worsen and become more expensive to address, the question of financial responsibility will become more urgent.
“I cannot see where the upside is,” Royal Dutch Shell CEO says.
New report reveals slick strategies oil companies use to ensure their survival.
Oil companies are looking like risky investments to some.
An exploratory well drilled to 6,800 feet found oil and gas but not in sufficient quantities.
The secretary of state defends the administration's decision to allow Arctic drilling.
The president allows Shell to drill in the Arctic Ocean, but isn't this inconsistent with his other environmental policies?
The Obama administration has given the company the go-ahead, despite protests from environmental groups.