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Oil companies’ grim outlook weigh on investors’ sentiment

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Screen Shot 2015-08-04 at 23.11.09By Bloomberg | 4 August 2015

NEW YORK: The world’s biggest oil companies are painting a grim picture of the future and speculators are listening. Hedge funds reduced bullish bets to the lowest level in five years as oil capped the worst month since the financial crisis. The net-long position in West Texas Intermediate contracted 7 percent in the seven days ended July 28, US Commodity Futures Trading Commission data show.

Speculators curbed their bullish stance in Brent, the global benchmark, by the most in a year.

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August Off To A Shaky Start For Oil Markets

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Screen Shot 2015-01-12 at 08.45.23By Evan Kelly: Tue, 04 August 2015

August started off on a dour note for crude oil, with prices tanking by around 5 percent on August 3. A slew of negative news from around the world weighed on prices. The Greek stock market plummeted on the first day of trading after being closed for five weeks. The Athens Index dropped by 16 percent on August 3 and continued its descent as of midday trading on August 4. Concerns over the Chinese economy once again reared their head as the government moved to put restrictions on short selling to stop the collapse of the stock markets. WTI fell below $46 per barrel and Brent briefly dipped below $50 per barrel before rebounding a bit on August 4.

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Oil price: return to $45 barrel now ‘inevitable’

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Screen Shot 2015-06-05 at 13.56.07August 4, 2015

A “re-test” of the $45-a-barrel low for the benchmark Brent crude oil price is “inevitable” in the near future as supply prices continue to squeeze the market, an analyst arm of Fitch Ratings has said.

The comments from BMI Research, quoted by Reuters, came in the wake of major falls on Monday that saw the price dip below $50 for the first time in six months. A price of $45 would be symbolically significant in the UK as it is the level at which petrol prices below £1 a litre become a distinct possibility.

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Crisis In The Arctic

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Screen Shot 2015-07-31 at 12.52.57Brigham A. McCownCONTRIBUTOR: 3 August 2015

Last week, Greenpeace activists succeeded in temporarily halting Shell’s icebreaker, MSV Fennica, from starting its voyage out of Portland, Oregon. The vessel was to join the rest of the fleet on its way to the Artic to begin oil exploration. In defiance of a federal court injunction to halt river traffic, 13 Greenpeace activists hung off St. Johns Bridge while kayaks below blocked the waterway, preventing the ship from passing under the bridge. After a day of delays, the vessel left Oregon early Friday morning with the help of law enforcement, after a federal judge found Greenpeace in contempt and fined them $17,500 for impeding the ships progress.

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Oil sinks below $50

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Screen Shot 2015-01-28 at 23.26.19Oil dives 5 percent to six-month low under $50 on China worry

Markets | Mon Aug 3, 2015 4:21pm EDT

Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.

Growing concerns over excess global oil supplies, heavy selling in pumped-up gasoline futures and technically driven momentum trading knocked prices to within a few dollars of the six-year lows touched at the start of this year.

U.S. crude had already fallen 21 percent in July, its worst month since 2008 amid mounting evidence of an expanding global glut and a stock market collapse in China, the world’s largest energy consumer.

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Shell to Strengthen Russian Hand Through Gazprom Asset Swap

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Screen Shot 2015-06-18 at 22.09.48by Rakteem Katakey: August 3, 2015: BLOOMBERG.COM

Royal Dutch Shell Plc will swap a stake in one of its international energy assets for part of Gazprom PJSC’s Sakhalin-3 project as Europe’s biggest oil company extends ties with Russia.

The companies are discussing which asset would be offered to Gazprom, Shell Chief Executive Officer Ben Van Beurden said last week in London. For Shell, the prize is greater involvement in the world’s biggest gas reserves.

“Russia sits on 25 percent of the world’s gas reserves and is very, very close to markets that we are very familiar with,” Van Beurden said July 30, on the sidelines of the company’s earnings presentation. Shell is also pushing “to see how we can work with Gazprom internationally.”

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Greenpeace hold Titanic protest over Shell’s Arctic drilling plans

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Screen Shot 2015-07-31 at 19.22.09Press Association: 3 August 2015

Environmental campaigners have begun a month of protests over oil giant Shell’s efforts to drill in the Arctic with a Titanic-themed orchestral performance.

Greenpeace is holding protests outside Shell’s London headquarters against the company’s attempts to undertake oil drilling in the Arctic, which the campaigners warn could lead to environmental disaster and worsen climate change.

The protests began with a performance of Requiem for Arctic Ice, an orchestral piece inspired by the famous story of the musicians continuing to play as the Titanic sank after it hit an iceberg, by the Crystal Palace Quartet and supporting musicians.

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Greenpeace performs arctic requiem in effort to touch hearts over Shell drilling

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A string group plays Requiem for Arctic Ice outside Shell’s London HQ as part of Greenpeace’s musical protest against the company’s arctic drilling. Photograph: Cobb/Greenpeace/PA

Shell staff arriving for work in London were regaled with a new piece, Requiem for Arctic Ice, on Monday morning, performed by a string orchestra in protest at the energy giant’s plans to drill for oil under the ice cap.

FULL ARTICLE

Shell to dispose of its downstream assets and business completely?

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Screen Shot 2015-07-31 at 19.22.09A report in The Times today describes the plans for Shell Centre development:

London waterfront to take on new look with Italian backing

On the face of it it raises the question as to why, given the movement of the centre of gravity in Royal Dutch Shell to The Netherlands, RDS would want to hold onto a large London office at all. Why be almost unique among large multinationals in having two head Offices?

The answer is in the article. “One Southbank Place will be the new headquarters for Shell International’s downstream business”. 

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Greenpeace holds Titanic-themed musical protest at Shell HQ over Arctic oil drilling

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Screen Shot 2015-08-03 at 11.29.20Greenpeace held a Titanic-themed musical protest outside Shell’s offices this morning after the oil company began drilling operations in the Arctic’s Chukchi Sea last week.

by Anna Reynolds: 3 August 2015

The orchestral performance entitled ‘Requiem for Arctic Ice’ was inspired by the quartet playing on the Titanic as the ship went down.

Today’s protest on the South Bank is part of a month-long campaign against oil drilling. Each Shell employee was offered a gift bag with a copy of the music and a whistle-blower email address.

A Shell spokesman said: “It is disappointing that Greenpeace continually chooses to focus on mounting publicity stunts rather than engage constructively in the debate about how to meet the world’s growing demand for energy while reducing CO2 emissions.

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Choose Shell Over Greenpeace For Arctic Oil And Natural Gas

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Jude Clemente2 August 2015

Greenpeace’s ongoing attack on Royal Dutch Shell is a concern for energy resource and thus human development around the world. It failed, but Greenpeace just tried to stop Shell’s icebreaker from leaving port in Portland, Oregon, in the hopes of blocking Shell’s drilling plans in the Arctic. Greenpeacers dangled from ropes off St. Johns Bridge to stop the Arctic drilling ship. A federal judge in Alaska ordered Greenpeace to pay $2,500 for every hour that protesters block the icebreaker from leaving Portland.

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BG Group Profits Crash By 65%

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Screen Shot 2015-08-01 at 20.50.48By LAURA CHESTERS FOR DAILY MAIL

The oil price rout found new victims on both sides of the Atlantic yesterday as BG Group and Chevron revealed profits had tanked.

BG, which is in the process of being sold to Royal Dutch Shell, reported a 65 per cent fall in second quarter profit to £275.5million, while Chevron’s fell 90 per cent.

The oil price has crashed by around 50 per cent since last summer as the shale oil boom in the US, which turned it into the world’s largest fuel exporter, pushed global production higher.

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Dedicated to exposing Shell’s dark side

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GRAPHIC KINDLY SUPPLIED BY SHELL IRISH POLICE CORRUPTION WHISTLEBLOWER, OSSL (COPS WERE GIVEN OVER €30,000 WORTH OF FREE ALCOHOL ON SHELL’S ORDERS – AS WAS RECENTLY TESTIFIED UNDER OATH BY TWO OSSL DIRECTORS IN OPEN COURT)

Screen Shot 2015-08-01 at 16.26.45Corporate Social Responsibility in the Digital Age: v.7 (Developments in Corporate Governance and Responsibility)

By Ana Adi, Georgiana Grigore, David Crowther

Published April 2015

Extract from chapter: CRS and New Battle Lines In Online PR War

The type of long-lasting PR damage McGeveran refers to may include the website http://royaldutchshellplc.com  ‘dedicated to exposing Shell’s dark side’. The website was set up by disgruntled ex-employees of Shell – Alfred and son John Donovan – who accused the company of stealing their ideas and who have dedicated two decades to embarrassing the company.

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Almost all of BG employees, even senior management expect to be let go

Screen Shot 2015-07-31 at 19.22.09EXTRACTS FROM ANONYMOUS POSTINGS ON WEBSITE: thelayoff.com

UNDER THE HEADING:

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EXTRACTS

It’s Official SHELL to layoff 6500 employees

Also this 6500 number doesn’t count the contractors and BG employees. Almost all of BG employees, even senior management expect to be let go.

Anonymous127132

20 days ago (Sun 07/12/15 07:47:56 UTC)

Shell Houston Secret Reductions

While Shell maintains that it is not laying off people we have seen a drastic decrease in contractor pay and termination of contracts in order to save displaced staff jobs. Within the staff community they are forcing retirement and artificially combining roles while making personnel reapply for their own positions against applicants outside the discipline. We are even seeing forced performance improvement writeups over petty and many times made up infractions in an attempt to leverage terminations in the near future. It’s a scary, unfair, and possible illegal practice that will come back to bite them.

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Waitrose and Shell in talks to expand convenience store partnership despite Greenpeace anger

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Waitrose currently has 15 stores in Shell stations. (Neil Hall/Reuters)

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Screen Shot 2015-07-31 at 19.22.09By Ravender Sembhy: July 31, 2015

Supermarket Waitrose is in talks to open more stores in petrol stations belonging to oil and gas major Shell, despite protestations from Greenpeace.

There are currently 15 Little Waitrose shops located on Shell forecourts, but Greenpeace has argued that their presence represents an endorsement of the oil giant’s Arctic drilling programme.

Nevertheless, the two companies are in talks to ramp up the partnership.

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Shell resumes offshore drilling in Arctic

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Oil giant Shell has resumed offshore drilling off the coast of Alaska following a two-day delay by Greenpeace activists. The move marks the first time Shell has conducted exploratory drilling in the Arctic since 2012.

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Date 01.08.2015

Royal Dutch Shell PLC announced on Friday that drilling operations had resumed in the Chukchi Sea off the northwest coast of Alaska on Thursday afternoon.

The resumption marks the first time Shell has conducted exploratory drilling in the Arctic since 2012, due to inclement weather and issues with equipment.

“In the days to come, the team aboard the Transocean Polar Pioneer will work to complete the top portion of the well in anticipation of drilling to total depth once the Fennica [icebreaker] arrives on site,” Shell said in a statement to AFP news agency.

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Shell resumes drilling in Alaska’s Arctic waters for first time since 2012

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Yereth Rosen
Alaska Dispatch News: July 31, 2015

Royal Dutch Shell began drilling an exploratory well in Alaska’s offshore waters Thursday afternoon, a spokeswoman for the company said.

At about 5 p.m. Alaska time, the Transocean Polar Pioneer began drilling at the Anglo-Dutch oil company’s Burger prospect in the Chukchi Sea, according to Anchorage-based spokeswoman Megan Baldino.

The move came on the same day as Shell announced deep job cuts and scaled back capital investment to its global operations — and as protesters rappelled from an Oregon bridge in efforts to block the Fennica, a Shell icebreaker, from returning to the Arctic.

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Portland’s bridge-hangers and ‘kayaktivists’ claim win in Shell protest

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In two of the most daring days in the modern environmental movement, Greenpeace activists set social media ablaze and, despite the Fennica’s moving on toward the Arctic, hailed the action as a ‘historic achievement

FULL ARTICLE

Shell toughens local project hurdles

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Screen Shot 2015-07-31 at 19.22.09Matt ChambersResources Reporter: Melbourne: 31 July 2015

Oil major Shell has laid down tougher hurdles for its Australian projects including Browse LNG off Western Australia and Arrow coal-seam gas in Queensland.

It has cut the oil price at which new projects need to go ahead and flagged a major LNG project ­pipeline overhaul if its planned $91 billion takeover of BG Group is successful.

Shell chief executive Ben van Beurden said the company would require projects to be profitable near $US50 a barrel of oil, down from previous indications of ­between $US70 and $US90.

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Shell, Eni say look to return to Iran

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Fri Jul 31, 2015

Royal Dutch Shell and Italy’s largest oil producer Eni say they are looking to return to projects in Iran’s upstream oil and gas sectors. 

“For us, (Iran) is a huge gas province so it would be good to be there — in conventional gas — at the right terms,” Shell’s financial chief Simon Henry said in London.

The company has a history of activities in Iran’s upstream projects, including in South Pars, but the firm pulled out of the world’s largest gas field’s Phase 13 development in 2008.   

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Greenpeace 1, Shell 1

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Screen Shot 2015-07-31 at 19.22.09 Himler Contributor: Media, tech & marketing through the eyes of a seasoned PR strategist. : 31 July 2015

It was the early nineties and I was headed down to Houston with a video crew in tow. Our task: to capture generic footage of motorists filling up at Shell gas stations for use as part of a satellite news feed for an imminent company news announcement.

During the planning and prep session with Shell Oil Company’s CEO, its head of refining and others, I was informed that this would be the company’s first-ever news conference(!). Shell planned to introduce the nation’s first “environmentally enhanced” gasoline*, SU2000E, and we were retained to mount the presser and feed the footage to the dozen cities in which would be available.

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Help offered to Disinfect Shell’s Soiled Reputation

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Screen Shot 2015-07-31 at 15.44.04By John Donovan

Because of our domain name, many people wrongly gain the impression that this is a Shell website.  

I can only guess they have not studied the site very carefully.

This misunderstanding generates emails meant for Shell every day (including job applications).

Yesterday we received an email from an irate American microbiologist (name and address supplied)

I am done purchasing gasoline from Shell Oil.

I will not support a company that drills in the Arctic, placing a fragile ecosystem at risk for monetary gain.

Instead of investing in Arctic drilling, invest in renewable energy sources.

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Shareholders should demand that Shell’s activities in the Arctic be stopped

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Screen Shot 2015-07-31 at 12.52.57By a Regular Contributor

Hopefully, Shell will soon accept that in the US Arctic their position is now untenable…

If RDS wants to cut capex (and exposure), FLNG is a good place to start, as Simon Henry suggested yesterday. The Arctic should be next. 

The Arctic is rapidly acquiring a similar profile to the Brent Spar fiasco. The issue is not whether Greenpeace is right or wrong, it is whether Shell can win the hearts and minds of the public to support their efforts. So far, Shell’s own incompetence has been the most significant issue in eliminating any public support they once enjoyed. 

The destruction of drilling vessels and criminal convictions for polluting the environment and failing to keep the required records support the view that Shell do not know what they are doing. Neither Shell’s army of lawyers nor the judges on whom they rely have ever worked offshore and have no idea of what it entails. However, the first time that there is any illegal discharge into the sea or the air (and it will happen), or a fatality, injury or  well control incident, the lawyers who are supporting Shell’s current efforts will have nothing constructive to say. 

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Shell ship heads for Arctic

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Screen Shot 2015-07-31 at 12.52.57CBS/AP July 31, 2015

PORTLAND, Ore. — Authorities used boats, personal watercraft, poles and their bare hands to remove protesters in kayaks and hanging from bridges who had tried to block a Royal Dutch Shell icebreaker bound for an Arctic drilling operation.

The Fennica left dry dock Thursday afternoon and made its way down the Willamette River toward the Pacific Ocean soon after authorities forced the demonstrators from the river and the St. Johns Bridge.

Several protesters in kayaks moved toward the center of the river as the ship began its trip, but authorities in boats and personal watercraft cleared a narrow pathway for the Fennica.

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US Coast Guard ends Shell icebreaker bridge protest

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Environmental activists have been removed from a bridge in Portland, Oregon, allowing an icebreaker to join a US Arctic oil-drilling operation.

Police lowered the Greenpeace campaigners dangling on ropes from St John’s Bridge into boats, while the Coast Guard cleared dozens of kayaks.

The icebreaker, chartered by Royal Dutch Shell, had been prevented from leaving port for hours.

A judge has ordered Greenpeace to pay $2,500 (£1,600) per hour of blockage.

The Fennica icebreaker was in Portland for repairs. At one point it had to retreat before the activists refused to move.

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Fines ordered as long as ship blocked from heading to Arctic

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Screen Shot 2015-06-30 at 21.06.27By STEVEN DuBOIS and DAN JOLING

PORTLAND, Ore. (AP) — A federal judge in Alaska on Thursday ordered Greenpeace USA to pay a fine of $2,500 for every hour that protesters dangle from a bridge in Oregon and block a Royal Dutch Shell icebreaker from leaving for oil drilling in the Arctic.

There was no sign that the protesters were going to abandon the blockade in Portland after the ruling in Anchorage by U.S. District Court Judge Sharon Gleason that Greenpeace is in civil contempt.

Greenpeace USA Executive Director Annie Leonard said the activists will stay in place for now.

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Shell Icebreaker Retreats After Morning Showdown

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by Jes Burns and Cassandra Profita OPB | July 29, 2015 2:34 p.m. | Updated: July 30, 2015 8:58 a.m. | Portland, Oregon

A Shell icebreaking vessel being protested by activist groups has turned around and is headed back toward the dry dock after a morning showdown with protesters. The St. Johns Bridge was reopened after being temporarily closed.

The U.S. Coast Guard was escorting the icebreaker on the Willamette River and warned the activists that they are breaking the law.

Georgia Faye Hirsty was one of the 13 hanging protestors. Speaking from her mobile phone while hanging from the bridge on Wednesday, she said she was glad to know the Arctic-bound icebreaker would remain in Portland for another day. But she said she and her fellow demonstrators weren’t about to declare victory and go home.

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Shell, Greenpeace headed back to court Thursday

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Screen Shot 2015-07-30 at 14.36.19BY ELWOOD BREHMER, ALASKA JOURNAL OF COMMERCE: 30 July 2015

Shell and Greenpeace USA will go back to court Thursday to determine if Greenpeace protesters are violating a court injunction after a Wednesday teleconference hearing before Alaska U.S. District Court Judge Sharon Gleason yielded little.

The 4 p.m. hearing on Shell’s emergency motion, which was filed earlier Wednesday, resulted from the actions of 13 Greenpeace activists who lowered themselves from a bridge over the Willamette River in Portland, Ore., in an attempt to block the Shell-leased ice handling vessel Fennica when it leaves a shipyard upriver to return to Alaska.

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Royal Dutch Shell Profits Continue to Fall, Prompting 6,500 Layoffs By

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By STANLEY REED: JULY 30, 2015

LONDON — Royal Dutch Shell said on Thursday that its profit fell sharply in the second quarter as a strong performance in marketing and refining failed to offset the brunt of lower oil and gas prices.

The oil giant also said it would cut its capital investment and eliminate 6,500 jobs as the drop in oil and gas prices squeezes its vast global exploration and production operations.

The company, based in The Hague, said earnings adjusted for inventory changes and excluding one-time items were $3.8 billion, compared with $6.1 billion in the same period in 2014.

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Royal Dutch Shell signals Browse FLNG go-ahead far from certain for 2016

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By Angela Macdonald-SmithJul 30 2015

Royal Dutch Shell has signalled that a final go-ahead next year for the Browse floating liquefied natural gas project in Western Australia is far from a certainty given the cost challenges of the venture in the depressed oil price environment.

Chief financial officer Simon Henry listed Browse among several large international projects that would be subject to “the dynamic nature of decision making as we take both the oil price environment but also the supply chain and the cost level into account.”

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Shell Sells Japan Refiner Stake for $1.4 Billion to Idemitsu

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Screen Shot 2015-07-27 at 08.34.47by Tsuyoshi Inajima and Stephen Stapczynski: BLOOMBERG.COM: 30 JULY 2015

Royal Dutch Shell Plc agreed to sell a 33.24 percent stake in a Japanese refiner to Idemitsu Kosan Co. for about 169 billion yen ($1.4 billion).

The deal for 125.3 million shares in Showa Shell Sekiyu KK is almost 23 percent more than the closing price Wednesday, according to data compiled by Bloomberg. The transaction is scheduled to be completed in 2016, according to a statement from The Hague, Netherlands-based company. The energy major will retain a 1.8 percent holding in the Japanese refiner.

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‘Shell No!': Dangling from a bridge to stop Arctic drilling

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By Justin Wm. Moyer July 30, 2015

In the annals of extreme protesting, there are tree-sitters and there are sleeping dragons. Add to these the bridge-dangle — a technique craftily employed by 13 environmental activists in Portland, Ore., who wish to prevent a ship vital to Royal Dutch Shell Arctic drilling from leaving the Lower 48.

“They are creating a human barricade so that the Shell icebreaker cannot get through,” Annie Leonard, the executive director of Greenpeace USA, told KATU in Portland. “They are prepared to stay up there for days because that’s what it is going to take to save the Arctic.”

The protesters took to the St. Johns Bridge over the Willamette River early Wednesday to block the icebreaker, named the Fennica, from heading north to protect Shell’s fleet from ice and respond to an oil spill, should one occur. As the Associated Press reported, the ship is being repaired after its hull was gashed in the Aleutian Islands after a collision with an underwater object.

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Shell to cut jobs, spending to cope with lower oil prices

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Screen Shot 2015-07-30 at 08.23.47LONDON | BY RON BOUSSO AND KAROLIN SCHAPS: 30 July 2015

Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.

The Anglo-Dutch oil and gas company also said it was planning more asset disposals alongside its proposed $70 billion acquisition of BG Group, bringing total asset sales between 2014 and 2018 to $50 billion.

“We have to be resilient in a world where oil prices remain low for some time, whilst keeping an eye on recovery,” Chief Executive Officer Ben van Beurden is set to tell investors later in the day, according to the company.

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Shell to Cut 6,500 Jobs, Reduce Investment by $7 Billion

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By Rakteem Katakey: July 30, 2015″ BLOOMBERG.COM

Screen Shot 2015-07-30 at 08.23.47Royal Dutch Shell Plc, the oil producer buying BG Group Plc for more than $70 billion, said it plans to cut 6,500 jobs this year and reduce capital investment by $7 billion.

Shell is planning for a “prolonged downturn,” the company said Thursday in a statement. Its dividend commitment will remain unchanged at $1.88 per share this year, with at least that amount paid in 2016, the company said.

Second-quarter profit adjusted for one-time items and inventory changes dropped to $3.8 billion from $6.1 billion a year earlier, The Hague-based Shell said. That beat the $3.4 billion average estimate of 16 analysts surveyed by Bloomberg.

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Royal Dutch Shell to cut 6,500 jobs

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Screen Shot 2015-07-30 at 08.23.47Oil giant Royal Dutch Shell has announced it is to shed 6,500 jobs as part of cost cutting plans.

30 July 2015

The company said the cost cutting was to help “mitigate the impact” on profits amidst a drop in oil prices.

Its “prudent approach” included a reduction in operating costs of $4bn and reduced oil exploration operations.

The company announced profits of $3.4bn in the three months to 30 June, a 35% decrease compared with last year.

Shell also said that it was “planning for a prolonged downturn” in oil prices.

Shell chief executive Ben van Beurden said: “We have to be resilient in a world where oil prices remain low for some time, whilst keeping an eye on recovery.

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LA Times Editorial: Drilling for oil in the Chukchi Sea isn’t worth the risk

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A polar bear dries off after taking a swim in the Chukchi Sea in Alaska. The U.S. Interior Department has said updated scientific models don’t bode well for polar bear populations across the world, especially in Alaska, the only state in the nation with the white bears. (Brian Battaile / Associated Press)

By THE TIMES EDITORIAL BOARD: 29 July 2015

The Obama administration is being at least somewhat more cautious this time around in allowing Royal Dutch Shell to drill in the Arctic waters of the Chukchi Sea. The company must keep its drills from reaching the oil reserves until it has the equipment in place that can shut down a well in case of a spill. It may not drill in two places within 15 miles of each other because of the potential disruption to walrus habitat. The company has worked hard to convince Interior Department officials that it has overcome the sloppiness that led to a series of mishaps during its first attempt in 2012, including the grounding of its drilling rig.

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Activists hang off Oregon bridge to stop Shell icebreaker from returning to Alaska

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Steven Dubois | Associated Press: July 29, 2015

PORTLAND, Ore. — Environmental activists rappelled off Portland’s tallest bridge early Wednesday in an effort to stop a Shell Oil Arctic icebreaker from leaving the city.

Thirteen protesters dangled from the St. Johns Bridge while another 13 remained on the bridge as lookouts. Greenpeace USA executive director Annie Leonard said the activists have enough water and food to last for days, and can hoist themselves to allow other marine traffic to pass.

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Greenpeace Suspends Climbers off Portland Bridge to Block Shell’s Arctic Icebreaker Ship

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Screen Shot 2015-07-29 at 19.21.11BY ZOË SCHLANGER 7/29/15

Early Wednesday morning, 26 climbers affiliated with the environmental group Greenpeace rappelled off the edge of St. Johns Bridge in Portland, Oregon, and suspended themselves in a row, forming what they hope will be a human blockade to prevent a Shell ship from leaving for the Arctic. They each have enough supplies to last for days, a Greenpeace spokesperson said in an emailed statement.

Photos from the scene showed the climbers suspended on ropes high over the Willamette River at dawn. Some appear to have hammock chairs.

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Protesters in Portland dangle from bridge in a bid to block Shell icebreaker

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Screen Shot 2015-07-27 at 08.34.47In Portland, environmental activists test out a new tactic: Climbers have rappelled off a bridge to block a Shell icebreaker.

By Evan Bush and Hal BerntonJuly 29, 2015 

Trying to delay Shell’s Arctic ice-breaking ship in Portland, 13 protesters are dangling from the St. Johns Bridge, which spans the Willamette River.

The protesters rappelled from the bridge at about 2:30 a.m. as a group of about 50 kayakers looked on, said Michael Foster, a kayaker from Seattle and veteran of earlier protests against Shell that took place in Washington state. Foster said the protesters are now suspended in hammocks and bivouacs, the same gear as would be used for rock climbing. The dangling activists have enough for two days and plan to re-supply, Foster said.

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Greenpeace again stands in Shell’s way to arctic

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Screen Shot 2015-06-09 at 22.51.53Activists hang under the St Johns Bridge in Portland, Oregon, in an attempt to block the Shell-leased icebreaker MSV Fennica. Photograph: Steve Dipaola/Greenpeace

PORTLAND, Ore., July 29 (UPI) — Greenpeace said Wednesday several of its activists have suspended themselves from an Oregon bridge using climbing gear in a protest against Royal Dutch Shell.

“The next big step in the fight to save the Arctic is happening right now,” the campaign group said in a statement. “Greenpeace U.S. activists have suspended themselves from St. Johns Bridge in Portland, Oregon to block a Shell Oil vessel from leaving port for Alaskan waters.”

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