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Posts from ‘September, 2009’

Shell Partner Arrow Targets 10-Fold Gain in Gas Output by 2015

Sept. 24 (Bloomberg) — Arrow Energy Ltd., Royal Dutch Shell Plc’s Australian coal-seam gas partner, will start drilling in Indonesia and may expand in Europe and Southern Africa as it pursues a 10-fold jump in production by 2015.

Click to continue reading “Shell Partner Arrow Targets 10-Fold Gain in Gas Output by 2015″

Pectina Devastatis – Shell Decay by Cor Houtenboer

The laugh is on us this time…

The information in the article below is an elaborate hoax supplied from a Dutch Shell source…

(no such author or book actually exists)

Content of the email received:

Subject: Anyone out there taking bets on how long Shell will exist?

In 2004 the Dutch author Cor Houtenboer published exclusively in Dutch in a only very limited edition his book ”Pectina Devastatis” (”Shell decay”).

Unfortunately I only have the summary page of an online bookshop and a newspaper article on this book.

Houtenboer analyzed the decay of Shell up to the spring of 2004 and predicted the total dismantling of Shell somewhere in 2008.

In my view, the credit crunch retarded this process, but with the upcoming reorganization the downfall will resume critical momentum.

Summary page of ”Pectina Devastatis”

Related newspaper article “Poison Cup”

Book Review by The Economist

“A superbly written corporate analysis in which Houtenboer amalgamates his extensive knowledge of anthropology and human behaviour with a sound analysis of corporate processes. His insights suggest either that he is (or was) part of the Shell organization or alternately can rely on important sources on a very senior level within Shell, which is indeed in itself a worrying sign of the profound crisis. This book deserves a Pulitzer nomination.

(All part, as indicated, of an elaborate hoax, but as has been pointed out by an insider source who tipped us off that it was set up as an April fools stunt, all good jokes have a dark reality attached, which in this case, gave it even more impact. We are told that the hoax by a group of Shell managers worked like a dream because all of the information about Shell was factually correct. Perhaps one of the hoaxers will kindly provide an English translation of the spoof book summary and spoof newspaper article so that we can all fully appreciate the joke)

Questions raised over Gardia policing of the controversial Shell Corrib Gas Project

Within 48 hours of the O’Donnell incident gardai announced unequivocally that “they have found no evidence to support claims by a prominent Shell to Sea protester that armed commandos sank his shellfish boat off the coast of Mayo last week.”

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Anyone out there taking bets on how long Shell will exist?

Posting on Shell Blog by a Shell Insider (a reliable high level source known to us)

Having seen all the EC-1 and -2 appointments and from many discussions I have with colleagues, it has become clear to me that Voser and Brinded et all want to get rid of critical thinking people in general and Petroleum Engineers in particular, i.e. just the people who have know-how on essential matters such as reserves and production forecasting.

The reserves reporting is now solidly in the hands of lawyers so easy to manipulate for Brinded (above). The overoptimistic production forecasting, a great hobby of our beloved and surpreme leader in Upstream, will now go unchallenged by people with genuine know-how.

Mr Percival wrote a while ago he had full confidence in the technical capability of Petroleum Engineering in Shell. I am curious if he is about to change his mind.

And as Shell goes deeper in dept and the gearing goes up, the rating can only go down. It is very obvious that Voser is trying to sell off Shell in bits and pieces to prop up his cashflow.

Anyone out there taking bets on how long Shell will exist?

Selection of Royal Dutch Shell articles from our archives

Erin Brockovich goes after Shell Oil in Carson

dailybreeze.com

By Gene Maddaus Staff Writer

Posted: 09/22/2009 10:11:13 AM PDT

Environmental activist Erin Brockovich (right) has agreed to pursue litigation against Shell Oil Co. for contaminating a Carson housing tract.

Shell recently discovered elevated levels of methane and benzene underneath the Carousel neighborhood. The contamination has been traced to underground oil tanks the company operated on the site until the 1960s.

Girardi and Keese, the law firm that works with Brockovich, held a meeting with about 300 residents Saturday in Carson to recruit clients for a lawsuit against Shell, which could be filed as soon as November.

Residents were informed that, in some spots, benzene has been detected at 100,000 times the state standard. In some soil gas samples, methane has been found to exceed the explosive threshold.

“You’ve been exposed to a very high level,” said Robert Bowcock, an environmental consultant retained by the firm. “I’m incensed and angry that Shell let this happen.”

Brockovich, who lives in Southern California, did not attend, but has pledged to be at a future meeting. Brockovich was the heroine of the movie starring Julia Roberts, which told the story of chromium-6 contamination in Hinkley, Calif. In that case, Pacific Gas & Electric Co. was forced to pay a historic $333 million in damages.

Since the movie came out in 2000, Brockovich has been involved in numerous environmental contamination cases across the country, including several involving Shell.

At the meeting, Bowcock said that the contamination is “magnitudes greater” than levels found almost two years ago near the ExxonMobil refinery in Torrance. In that case, ExxonMobil agreed to buy 10 homes and offered price protections for the owners of 10 more.

The testing at the Carousel tract is still in its early stages, and Bowcock said it was premature to predict the outcome. But residents said they were growing increasingly alarmed.

“I’ve been worried about this, but I’m scared to death now,” said Barbara Post, president of the Carousel Homeowners’ Association. “Shell can’t replace my house, and they can’t replace that neighborhood.”

The Carousel development is north of Lomita Boulevard, between Marbella and Panama avenues. It includes about 275 homes.

The testing began more than two years ago, when the Department of Toxic Substances Control launched an investigation of the old Turco Products plant. Those tests turned up elevated levels of benzene, a carcinogen, which was traced to the Shell oil tanks.

Shell has been drilling samples in the streets all summer, and recently began asking homeowners for permission to do further drilling on private property. About 100 residents have signed access agreements with Shell, and the oil giant has taken soil samples from about a dozen homes.

“We take the levels that were detected very seriously,” said Alison Chassin, a Shell spokeswoman. “We believe the next step is to do these tests on residential properties as quickly as possible.”

Bowcock advised residents against signing the access agreements, saying they were likely designed to protect Shell. He said he would ask for a moratorium on the testing until the law firm could have input on the process.

“Shell is not interested in being your friend,” he told the homeowners. “They will do absolutely the minimum they are required to do. We know the games they can play and we’re going to hold their feet to the fire.”

Many residents signed retainer agreements with Girardi and Keese at the meeting on Saturday.

“I am very concerned,” said Cecilia Miramontes, who noted that her husband died of cancer in 2002. “I don’t know for sure if it’s caused by something like that. But my baby is living with me, and I’m really concerned about the value of my house.”

Others said they were going to take some time to think about it before signing up as a plaintiff.

“The lawyers are making it very scary,” Mary Weil said. “We want to wait, and ask what we’re getting involved in.”

The firm intends to pursue property damage claims and personal injury claims related to health effects from the contamination.

Under the attorney-client agreement, the law firm assumes all the litigation costs, which could run into millions of dollars. The firm would take one third of any settlement amount, or 40 percent of any judgment awarded at trial.

Residents were warned that the process could take years.

“It’s going to be an ugly, long road,” Bowcock said. “We will be fighting and fighting and fighting.”

gene.maddaus@dailybreeze.com

PHOTOGRAPH: Environmental activist Erin Brockovich is shown in a March 2007 file photo. (Getty Images)

SOURCE ARTICLE

Interior Dept. institutes ethics program

The department’s conduct has been called into question several times during the past several years, including a controversial oil payment scheme, and a corruption investigation of George W. Bush’s Interior chief Gale Norton over her support of oil-shale exploration by a Royal Dutch Shell subsidiary months before the oil giant hired her as a legal counsel.

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Shell Chief Ethics Officer Richard Wiseman Refutes Accusations

The statement that “Shell has never been involved in “atomic” or “nuclear” research at the Thornton site or elsewhere in the U.K.” appears to be at odds with allegations made by former Shell employee James Featherstone, in a letter he sent on 2 May 2009 to Detective Inspector Nick Sumner c/o Homicide & Serious Crime Command at New Scotland Yard.

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Pecten Shines at Shell

Issue Date: CSP Daily News, September 21, 2009

HOUSTON — Shell unveiled its new “visual identity standard” for Shell retail sites. Updating the company’s Retail Visual Identity (RVI) designed in 1992, the new look—dubbed RVIe—is “an evolutionary change,” according to spokesperson Michael Clingan.

“RVIe maintains the core branding colors in a refreshed and modernized look to ensure that Shell continues to express fuel leadership yet it can naturally integrate with the existing network of RVI sites,” he told CSP Daily News. “Additionally, RVIe reduces costs to the business through the simplification of the Shell curviness to more modern proportions and angles which is easier to implement and manage.”

Highlights of the RVIe Design are:

  • Introduction of the use of the pecten (scalloped shell image) on the canopy (in lieu of the word “Shell”), which is more recognizable and more zoning friendly.
  • A simplified fascia design for easier implementation. Elimination of corner treatments.
  • A white prime sign through the removal of the dark grey previously used, “resulting in a cleaner looker and more visible messaging.” The pecten also is accentuated by a halo for better nighttime viewing.
  • LED price panels as a standard for the prime-sign “price zone.”

(Click here to read the history of the Shell logo.)

Houston-based Shell Oil Products US is in the midst of a three-year process to sell off its retail holdings by 2010. The company is continuing its plan to dissolve its multisite-operator (MSO) partnerships and to grow through the wholesale class of trade, including wholesaler joint ventures, transitioning more markets from direct-supplied to wholesale- or wholesale/joint-venture-supplied markets.

SOURCE ARTICLE

Gazprom, Shell discuss LNG at Sakhalin

MOSCOW, Sept. 21 (UPI) — The newly appointed head of Royal Dutch Shell met with a delegation from Russian gas monopoly Gazprom to discuss liquefied natural gas developments.

Alexei Miller, the chief executive at Gazprom, met with Shell’s Peter Voser to discuss progress at the Sakhalin-2 project.

Voser took the reins at Royal Dutch Shell in July.

Gazprom and Shell signed a 20-year deal on gas pipeline development and liquefied natural gas purchases from Sakhalin facilities in April. That deal followed the first LNG shipments from Sakhalin-2 to Asian markets.

Both parties lauded the successful launch of the project, noting its production rate for 2009 was more than initially projected.

Miller and Voser agreed to move forward with plans to develop a working group to discuss development at the Sakhalin facility and corresponding resource fields.

Sakhalin-2 will reach its nominal capacity of more than 9 million tons of LNG per year by 2010.

UPI SOURCE ARTICLE