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  • "It's a cheap, cheap, cheap year," says Tom Kloza, chief oil analyst at the Oil Price Information Service. The Energy Department said Tuesday that it expects the price of gasoline to average $2.55 between April and September, which would be the lowest since 2009. Over the course of the year, a typical U.S household could save $675 in gasoline prices compared to last...

  • SEATTLE— Despite a Seattle port commission request that Royal Dutch Shell delay any moorage of oil exploration vessels in the city pending further legal review, a Shell spokesman said Tuesday his company will bring its rigs to a terminal as planned to prepare for exploratory drilling in Arctic waters. Also on Tuesday evening, a small group of activists in...

  • ANCHORAGE, Alaska— Royal Dutch Shell's Arctic drilling program has cleared a major bureaucratic hurdle to begin drilling for oil and gas off Alaska's northwestern coast this summer. The Bureau of Ocean Energy Management on Monday approved the multi-year exploration plan in the Chukchi Sea for Shell after reviewing thousands of comments from the public,...

  • SEATTLE— A giant floating oil rig currently anchored off Port Angeles, Washington, will be towed to Seattle this week despite the Seattle mayor's assertion that the Port of Seattle can't host the rig until it gets a new land-use permit, a Royal Dutch Shell spokesman said Monday. Seattle Mayor Ed Murray has urged the port to reconsider its two-year, $13 million...

  • The Department of Interior conditionally approved Shell's plan to explore for oil in the Chukchi Sea off Alaska. Shell has already spent about $6 billion on exploration in the Arctic. "We have taken a thoughtful approach to carefully considering potential exploration in the Chukchi Sea," said Abigail Ross Harper, the director of the Bureau of Ocean Energy...

  • ANCHORAGE, Alaska— Royal Dutch Shell's Arctic drilling program has cleared a major bureaucratic hurdle to begin drilling for oil and gas off Alaska's northwestern coast this summer. The Bureau of Ocean Energy Management on Monday approved the multi-year exploration plan in the Chukchi Sea for Shell after reviewing thousands of comments from the public,...

  • Judge orders Greenpeace to stay away from drill ships Saturday, 9 May 2015 | 5:18 AM ET

    ANCHORAGE, Alaska— A federal judge has ordered Greenpeace protesters to stay away from Royal Dutch Shell PLC ships. U.S. District Court Judge Sharon Gleason on Friday also prohibited Greenpeace from flying unmanned vehicles over the offshore Arctic area where Shell plans to drill. Shell Offshore Inc. sued on April 7, one day after six Greenpeace protesters...

  • May 5- Ride-hailing service Uber on Tuesday said it ceased operations in Kansas after the state legislature decided to override Governor Sam Brownback's veto of a bill that will impose stricter regulations on ride-hailing services. The Kansas Senate on Tuesday voted 96-25 to override Brownback's veto of the Kansas Transportation Network Company...

  • May 4- Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's...

  • Shell's Arctic return faces hurdle at Seattle port Monday, 4 May 2015 | 4:49 PM ET

    May 4- Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's...

  • It was installed a month ago at the 20 FAA air traffic control centers in the continental United States. ERAM can track nearly twice as many high altitude flights as its predecessor and process three times the amount of data, the FAA said. FAA officials provided no data on ERAM's performance so far but said the system has met stringent standards for safety,...

  • LONDON, April 30- Royal Dutch Shell is pushing ahead with plans to explore for oil in the Arctic Ocean near Alaska this summer despite opposition from environmental groups. The Anglo-Dutch oil major is preparing "an armada of 25 vessels" to begin a two-year program to explore two to three wells in the Chukchi Sea off the coast of Alaska, Chief Financial Officer...

  • WASHINGTON, April 28- An environmental group and a law clinic have petitioned the U.S. Securities and Exchange Commission to investigate whether Royal Dutch Shell has adequately disclosed to investors the risks of oil exploration in Arctic waters, the groups said on Tuesday. While catastrophic oil spills are rare, one in the Arctic could cost $10 billion or...

  • WASHINGTON, April 28- An environmental group and a law clinic petitioned the U.S. Securities and Exchange Commission to investigate whether Royal Dutch Shell has adequately disclosed to investors the risks of oil exploration in the harsh Arctic waters, the groups said on Tuesday. Oceana, an international environmental group, and the Abrams Environmental Law...

  • COLUMN-BP must remain British, says Whitehall: Kemp Monday, 27 Apr 2015 | 9:44 AM ET

    But the company's identity remains complicated, at once BP and British Petroleum, part of Britain's establishment but also a footloose international oil major with operations around the world. Much more than Royal Dutch Shell, with its historical link to the Netherlands, BP is Britain's national oil company and bears with it the country's hopes for a major...

  • CHICAGO, April 25- Three highly pathogenic avian flu viruses that have infected poultry and wild birds in the U.S. But the presence of the viruses in North America has scientists scrambling to understand their potential long-term threat. Stephen Morse, an expert in emerging infections at Columbia University.

  • NYMEX-Crude edges up over $56 after 2 days of losses Wednesday, 22 Apr 2015 | 8:03 PM ET

    TOKYO, April 23- U.S. crude futures inched up on Thursday to hold above $56 a barrel after two days of losses, as renewed fighting in Yemen countered worries over rising U.S. inventories due to ample supplies and robust shale production. *It settled down 45 cents on Wednesday after the Energy Information Administration data showed that U.S. crude stockpiles rose by...

  • HOUSTON, April 22- An agreement between the United States, Iran and other world powers designed to curtail Iran's nuclear program is effective and would work if implemented, U.S. "It's a long term process with constraints coming off at various time frames as confidence improves" in Iran's nuclear intentions. A framework agreement that would curb Iran's nuclear...

  • NYMEX-Crude steady; U.S. inventories seen up again Monday, 20 Apr 2015 | 8:17 PM ET

    TOKYO, April 21- U.S. crude futures held steady on Monday as a drop in stockpiles at a key U.S. delivery point offset near record high production in Saudi Arabia and an expected build in U.S. oil inventories. *NYMEX crude for May delivery, which expires later in the day, was down 4 cents at $56.34 a barrel by 0000 GMT, after settling up 64 cents at $56.38 on Monday.

  • HOUSTON, April 20- Senator Lisa Murkowski said on Monday she will introduce legislation this year to allow U.S. crude exports, saying the Obama administration shouldn't dare lift sanctions on Iran before scrapping the U.S. crude export ban. While the final framework of the deal has yet to be determined, it appears it would let Iran export far more crude oil than at...