Economy
Thursday 09 June 2016
Due to the falling oil prices Shell wants to limit his explorations worldwide. The energy journey now retires from the Canadian Arctic. The exploration rights are already in the other hand.
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The energy group Shell dispensed oil exploration licenses for the Canadian Arctic to facilitate the establishment of a marine reserve. The Apply transferred the exploration rights for the polar waters on Wednesday to the Canadian environmental organization Nature Conservancy, which in turn transmitted it to the Government. In the region whales, seals, walruses, polar bears and many birds live.
Canada’s government is pursuing plans for the establishment of 44.5000 square kilometers of protected area in the polar marine region Lancaster Sound off the north coast. The contribution from Shell, the area could grow by another 8,600 square kilometers.
More aboutThe chairman of the Nature Conservancy, John Lounds, welcomed the cooperation of Shell. “Together, we support the maintenance of a region of extraordinary beauty, an incredible diversity of species and a great ecological importance for the benefit of Canadians and future generations,” said Lounds.
Shell was keen for his in the past by environmentalists oil activities have been criticized in the Arctic. Greenpeace pointed out that the sensitive Arctic region is endangered by corresponding activities of oil company still. On Tuesday Shell had announced to reduce its oil explorations worldwide due to falling oil prices.
Source: n-tv.de
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