CBC.ca | Oil companies give Arctic the cold shoulder CBC.ca It's not every day that environmentalists and the shareholders of an oil and gas company are on the same side of an argument. But there were smiles all around on Monday when Royal Dutch Shell said it was no longer looking for oil in the Arctic. It's Getting Harder for Oil Companies to Make Money. Here's Why. Can Oil Companies Really Be Part Of The Transition To A Low-Carbon Future? Shell abandons oil exploration in Alaska but stays in the Arctic |