BERLIN (AP) — The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local): 11:50 a.m. Germany’s justice minister is proposing setting up a national “transparency register” that would list the real beneficiaries of letter-box companies — but only those … Continue reading
ANCHORAGE, Alaska (AP) — Royal Dutch Shell’s dry hole in the Chukchi Sea may be disappointing to shareholders, but it’s potentially devastating to Alaska. The company’s decision to end oil exploration in offshore Alaska for the foreseeable future means the state must find another source to fill the 800-mile trans-Alaska pipeline and solve its economic … Continue reading
ANCHORAGE, Alaska (AP) — Royal Dutch Shell will stop drilling for oil and gas in Arctic waters off Alaska’s coast following disappointing results from an exploratory well backed by billions in investment and years of work. The announcement represents a big change of heart from Shell, which was counting on offshore drilling in Alaska to … Continue reading
Spartan Echo 