Daily Archives: January 14, 2013

Drilling barge the Kulluck Getty Images

Shell's drilling barge the Kulluk. Getty Images

There are two important lessons from the mounting problems facing Shell as a result of the series of accidents that have afflicted its drilling programme in the Arctic.

The first is that major companies must have the capacity to call a halt and to break the inexorable internal momentum that so often makes it impossible to stop projects once they have started. The ability to reconsider is a great sign of strength not weakness.

The second is that a company such as Shell which prides itself (rightly) on its environmental performance is only as good as its weakest contractor. Read more