Royal Dutch Shell says a sheen of oil, 10 square miles in size, has been spotted in the Gulf of Mexico.The company said that it hasn't determined the cause of the sheen, estimated in size to be the equivalent of six barrels of oil.Shell issued a statement Thursday saying its operations in the Gulf are "normal with no sign of leaks" and that there are "no well control issues associated with our drilling operations in the area.
Oil sheen spotted in the Gulf of Mexico near Shell operations does not appear to be from any of the company's drilling activity, Shell said in a statement this afternoon. The energy firm said that all operations in the area were run... Read Post
Reportedly, an oil sheen has been spotted on the Gulf of Mexico near two Royal Dutch Shell oil platforms. The platforms and oil sheen are in the central Gulf of Mexico. Shell has reportedly sent a spill response vessel and has req... Read Post
On Thursday, oil prices crashed. And now on Friday, shares of oil companies around the world are following suit. Here are some of the biggest losers in pre-market trade on Friday: BP (BP), down 5% Royal Dutch Shell (RDS.A), down 5% ... Read Post