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Royal Dutch Shell's CEO Ben Van Beurden speaks during a press conference with CFO Simon Henry, left, to give detail on the group's 4th quarter 2013 results in London, Thursday, Jan. 30, 2014. In Shell Oil’s latest setback in the United States, the company’s new CEO has said the company won’t drill in the Arctic circle off Alaska’s shore in 2014, and may never do so. The decision by Ben van Beurden follows a negative Federal court decision last week. Environmentalists are still challenging whether the government’s 2008 decision to open the area to exploration was correctly granted in the first place. (AP Photo/Alastair Grant)

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Royal Dutch Shell's CEO Ben van Beurden gestures to a journalist for their question during a press conference to give detail on the group's 4th quarter 2013 results in London, Thursday, Jan. 30, 2014. In Shell Oil’s latest setback in the United States, the company’s new CEO has said the company won’t drill in the Arctic circle off Alaska’s shore in 2014, and may never do so. The decision by Ben van Beurden follows a negative Federal court decision last week. Environmentalists are still challenging whether the government’s 2008 decision to open the area to exploration was correctly granted in the first place. (AP Photo/Alastair Grant)

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0604a5d43c2564044a0f6a706700b978.jpg

Royal Dutch Shell's CEO Ben Van Beurden speaks during a press conference to give detail on the group's 4th quarter 2013 results in London, Thursday, Jan. 30, 2014. In Shell Oil’s latest setback in the United States, the company’s new CEO has said the company won’t drill in the Arctic circle off Alaska’s shore in 2014, and may never do so. The decision by Ben van Beurden follows a negative Federal court decision last week. Environmentalists are still challenging whether the government’s 2008 decision to open the area to exploration was correctly granted in the first place. (AP Photo/Alastair Grant)

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Visitors look at a painting 'Head on a Green Sofa' by Lucian Freud on display at Sotheby's auction house in London, Wednesday, Jan. 29, 2014. The painting is to be auctioned in the Contemporary Art sale on Feb. 12 with an estimated price of 2.5 to 3.5 million pounds (US$4.1to 5.8 12.4 million or 3.1 to 4.2 million euro). (AP Photo/Sang Tan)