Shell's Alaska Drilling Project Blocked During Appeal (Update1)
By Tony Hopfinger and Bob Van Voris
Aug. 15 (Bloomberg) -- Royal Dutch Shell Plc's plan to
drill what would be the deepest offshore Alaskan oil well was
blocked until at least next year while a court considers the
project's effect on bowhead whales and other animals.
A federal appeals court in San Francisco today ordered
Shell, based in The Hague, to suspend its planned drilling
project, which has cost the company at least $200 million. The
court ruled that a collection of groups suing to prevent Shell
from drilling in the Beaufort Sea showed ``a probability of
success'' on their appeal in a hearing yesterday.
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