Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘August, 2009’

Marine inquiry launched as Corrib gas vessel hits rocks

IRISH TIMES: Monday, August 17, 2009: THE DEPARTMENT of Transport and Shell EP Ireland have initiated separate investigations into the grounding of a Corrib gas project support vessel off Erris Head in Co Mayo early yesterday.

Click to continue reading “Marine inquiry launched as Corrib gas vessel hits rocks”

Shell Offered $2.5 Billion for Arrow Energy, Telegraph Reports

BLOOMBERG

By Claudia Carpenter

Aug. 16 (Bloomberg) — Royal Dutch Shell Plc made an A$3 billion ($2.5 billion) bid for Arrow Energy Ltd., and the talks ended “in stalemate,” the Sunday Telegraph reported, without saying where it got the information.

Shell may return with a “revised approach,” according to the newspaper.

Shell spokeswoman Catherine Aitkin in The Hague declined to comment on the report to Bloomberg News. Calls made outside business hours to the office of Gareth Quinn, a Brisbane-based spokesman for Arrow, weren’t answered. E-mailed requests for comment weren’t responded to.

To contact the reporter on this story: Claudia Carpenter in London at ccarpenter2@bloomberg.net

Last Updated: August 16, 2009 07:03 EDT

Bloomberg Article

Oil giants destroy rainforests to make palm oil diesel for motorists

Shell had the best record of the major companies for declaring the sources of its biofuel. It said that it did not use any palm oil last year because it could not find any from a sustainable source. Luis Scoffone, vice-president for biofuels, said that Shell could have met its biofuel obligation more cheaply if it had bought palm oil.

Click to continue reading “Oil giants destroy rainforests to make palm oil diesel for motorists”

Royal Dutch Shell tables £1.5bn bid for Australia’s Arrow Energy

Royal Dutch Shell has made a A$3bn (£1.5bn) approach for Australian coal-seam gas producer Arrow Energy.

Click to continue reading “Royal Dutch Shell tables £1.5bn bid for Australia’s Arrow Energy”

US oil industry split as leaked memo reveals lobbying plan

The American Petroleum Institute, which represents the US oil industry, has written to member companies asking them to “move aggressively” to stage up to 22 public meetings, similar to the recent protests against President Barack Obama’s healthcare plans.

Click to continue reading “US oil industry split as leaked memo reveals lobbying plan”

Greenwash Offenders Shell in US climate change controversy

By John Donovan

The Financial Times reports today that the US oil industry is split on the question of climate change.

The split has been revealed from a leaked memo issued to its members by the American Petroleum Institute, which represents the US oil industry, including core members ExxonMobil, BP, ConocoPhillips and Shell.

According to the FT article, the memo leaked to Greenpeace outlined a plan to “deploy thousands of workers in so-called “Energy Citizen” rallies protesting against imminent climate change legislation” with members asked tomove aggressively to stage up to 22 public meetings, similar to the recent protests against President Barack Obama’s healthcare plans.

However, some API members, including Shell, which has multiple greenwash convictions, have hedged their bets by cynically also becoming members of the US Climate Change Partnership “which supports many of Mr Obama’s environmental policies.”

Simultaneous membership of both lobbying groups, with such totally incompatible objectives on a fundamentally important subject, is a PR balancing trick which Shell and other oil giants, with a duplicitous foot in each camp, may find it difficult to sustain.

The American public is unlikely to be fooled by the two-faced approach from a company notorious for deceptive PR and misleading advertising, e.g. the spectacular example above of colorful flower petals emerging from smokestacks at a Shell refinery. So much more attractive than the deadly cocktail of toxic chemicals normally associated with such emissions.


Shell shuts Utorogu gas plant in Nigeria

LAGOS, Aug 14 (Reuters) – Royal Dutch Shell (RDSa.L) said on Friday it had halted its Utorogu gas plant in Nigeria’s southern Niger Delta after an incident on the Escravos-Lagos Pipeline System.

Click to continue reading “Shell shuts Utorogu gas plant in Nigeria”

Shell pushes low-sulphur fuels

ROTTERDAM, Netherlands, Aug. 14 (UPI) — A new facility in the Netherlands will contribute to an increase in the production of cleaner-burning fuels, says supermajor Royal Dutch Shell.

Royal Dutch Shell announced it would construct a $500 million hydrodesulphurization plant at the Pernis refinery in the Netherlands.

The plant will increase the production of cleaner-burning, low-sulphur fuels at the 400,000-barrel-per-day oil refinery when it comes on stream in the second half of 2011, the energy giant says.

Fuel production from the Pernis facility, Shell’s largest in Europe, will be sold to customers in Germany as domestic heating oil, which the company says must meet new sulphur content regulations.

Energy consumption and emissions for the Pernis facility will meet higher standards in anticipation of stricter regulations in Europe.

The furnace at the plant employs new technology that features a multi-burner system meant to reduce total emissions of nitrogen oxide.

“The investment is part of Shell’s strategy of selective Downstream growth and focus on larger, integrated refining and chemical sites,” says Tom Botts, Shell’s downstream executive vice president for global manufacturing.

UPI ARTICLE

Citigroup Upgrades Royal Dutch Shell To Buy

FOX BUSINESS: Friday, August 14, 2009

LONDON — Royal Dutch Shell was upgraded to buy from hold at Citigroup on Friday. “We believe growing visibility around project delivery over the next 12-24 months should finally provide the impetus to unlock material upside in the most deeply discounted value case in the sector,” the broker said. Shares rose 1.5%.

Copyright © 2009 MarketWatch, Inc.

SOURCE ARTICLE

Shell worker’s death not a suicide, widow asserts

Steve Lesher, a spokesman for the refinery, declined to comment on the claim and deferred to the Oakland-based law firm handling the case. The firm declined to comment.

Click to continue reading “Shell worker’s death not a suicide, widow asserts”