Shell Abandons Plans for Drilling Offshore Alaska

摘要

On 28 September 2015, Shell announced that their Burger J exploration well, located in Alaska's Chukchi Sea, provided disappointing results, and subsequently, the company has abandoned plans for drilling for oil offshore Alaska. The company faced staunch opposition to drilling plans from environmental activists in spite of receiving US federal approval for exploratory drilling, as well as questions from shareholders about the longterm profitability such plans.