Shell and Todd caught drilling without approval

Wed, 22 Oct 2014

By Pattrick Smellie Oct. 22 (BusinessDesk) - Multi-national oil company Shell's New Zealand arm and local energy giant Todd Energy have breached the new law governing New Zealand's Exclusive Economic Zone, the Environmental Protection Authority says in an Oct. 10 document released this evening by the Green Party. The two companies' joint venture, Shell Todd Oil Services (STOS), has been issued with a warning letter only, and no further action is contemplated by the EPA at this stage, a spokeswoman said. A statement from the EPA described...

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