Current RDS.A Stock Info

Huge Expectations, Huge Investment
“If you talk about 500 million barrels, I don't think that will cut it. It must be a multi-multi-billion barrel discovery that we have there.”
After investing six years and $6 billion of its development capital, Royal Dutch Shell (ticker: RDS.A) is suddenly within earshot of obtaining final approval to begin offshore exploration for oil and gas on the leases it won in 2008 in the Chukchi Sea north of Alaska.

On May 11, the federal Bureau of Ocean Energy Management issued conditional permits that would all...

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