WASHINGTON, Nov. 1 (UPI) — Oil giant Shell will make another attempt to drill for oil off Alaska’s arctic coast. Simon Henry, Shell’s chief financial officer, announced the decision Thursday during a teleconference with reporters to discuss the company’s third-quarter earnings, the Houston Chronicle reported. Those earnings were nearly a third lower than for the same period in 2012 Shell has devoted nearly $5 billion and eight years of work for its arctic oil exploration off Alaska’s coast in the Chukchi and Beaufort seas. The Kulluk, Shell’s drill ship dedicated to its Beaufort operations, ran aground off Alaska New Years Eve while being towed to Seattle following the 2012 exploration season, which was marked by equipment failures and extreme weather. Shell in February announced what it called a “pause” in its Alaska drilling program for 2013 to prepare equipment and said it planned to resume drilling activity “at a […]