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Shell's Arctic Return Timeline Is Uncertain, Says Company Official

2013-10-07 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: Peter Voser, the outgoing chief executive of Royal Dutch Shell, said the company hasnt decided when it might attempt to relaunch oil exploration in Arctic waters off Alaskas northern coast. We dont know yet if well go back in 2014 or 2015. But over the months to come, we will get more clarity on how we are prepared and how we can drive this forward. I still see this as a great long-term prospect, but we need to prove its there, and thats why were spending the money, Voser told The Financial...

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