1. OFFSHORE DRILLING:
Ice still choking Chukchi Sea as Shell oil exploration nears
As Royal Dutch Shell PLC seeks to explore for oil this summer in Alaska's northern waters, the Arctic sea ice is melting at a record pace, breaking the record low-ice levels set in 2007, according to the National Snow and Ice Data Center at the University of Colorado, Boulder. The one big exception, however, is the Chukchi Sea, where Shell is hoping to explore for oil this summer.