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Posts from ‘April, 2011’

Karoo group files charge over fracking ad

Complaint over a Shell advert which tries to allay public fears about its fracking exploration technique CHANTELLE BENJAMIN: Published: 2011/04/29 06:40:25 AM A GROUP of Karoo residents has accused oil company Royal Dutch Shell of being “untruthful and misleading” and has lodged a complaint over an advert which tries to allay public fears about its […]

Shell scared away by British tax?

April 29, 2011 LONDON, April 29 (UPI) — Royal Dutch Shell suggested it might pull out of developments in the North Sea because of a tax increase imposed by the British government, a director said. British Chancellor of the Exchequer George Osborne imposed a duty on oil and gas producers in an effort to take […]

Shell make £4.1bn…and axe North Sea fields

SHELL is slashing investment in the North Sea over a Budget Day tax hike – despite making £1.9million an hour. The giant yesterday revealed the rise meant it was now “uneconomic” to develop smaller UK oil and gas fields. Shell’s quarterly profits were up forty per cent and totalled £4.1billion. Chief finance officer Simon Henry […]

Shell may have to sell North Sea assets after tax raid

Published Date: 29 April 2011 By Martin Flanagan City editor ROYAL Dutch Shell warned yesterday that it may have to sell some assets in the North Sea and reduce investment in the region because of the Chancellor’s tax raid and higher industry decommissioning costs in the Budget. Simon Henry, chief financial officer, revealed that the […]

Shell chief condemns tax hike as profits surge 30%

mark williamson 29 Apr 2011 THE chief financial officer of Royal Dutch Shell has warned , the surprise hike in tax on North Sea profits will hit investment in the area, after the company unveiled a 30% leap in profits on the back of surging oil prices. Simon Henry said the hike, announced by George […]

BP should look to Anglo-Dutch rival Shell to help refine the way forward

One of the most striking features of the oil industry in recent times has been the divergent fortunes of Royal Dutch Shell and BP. BP has well-publicised problems that explain its recent under-performance, such as uncertainty over its future in Russia and the shock of last year’s Deepwater Horizon drilling rig explosion in the Gulf […]

Slick Shell leaves BP in slipstream

Shell remains interested in a merger – if the terms and conditions are right… Oil battle: The Gulf of Mexico crisis has proved disastrous for BP’s shares, while Shell’s have soared By Hugo Duncan Last updated at 10:42 PM on 28th April 2011 In the battle of the UK super majors, the first leg of […]

Shell Should Resist Dividend Siren Calls

APRIL 29, 2011 By ANDREW PEAPLE Royal Dutch Shell‘s bump in the road has sure flattened out. The oil company’s first-quarter earnings were up 53% on a disappointing last quarter of 2010, thanks to high oil prices and improved liquefied-natural-gas sales in Asia and Europe. Stronger cash flow may have some investors pressing for higher […]

Worst case Arctic spill could reach 58M gallons

DAN JOLING, Associated Press: Published 04:10 p.m., Wednesday, April 27, 2011 ANCHORAGE, Alaska (AP) — The federal agency overseeing offshore drilling in Alaska says a worst-case scenario for a blowout in the Chukchi Sea lease area could put more than 58 million gallons of oil into Arctic waters. That’s far more than the major leaseholder […]

Shell 1Q Adjusted Profit Soars 30% To $6.29B On Higher Oil Price

APRIL 28, 2011 3:15 A.M. ET By Alexis Flynn Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) Thursday posted a consensus-beating 30% rise in adjusted profit for the first quarter, as high oil prices, upstream production growth and continued cost-cutting all combined to good effect. “We continue to make good progress in […]

Shell First-Quarter Profit Rises on Higher Crude Oil Prices

By Brian Swint – Apr 28, 2011 8:50 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, said profit rose 30 percent in the first quarter as crude prices gained and refining earnings doubled. Excluding one-time items and inventory changes, Shell earned $6.3 billion compared with $4.8 billion a year earlier. Analysts expected […]

US not ready for debate on exporting shale gas: Shell official

Washington (Platts)–26Apr2011/533 pm EDT/2133 GMT Shell’s president for US operations on Tuesday called talk of exporting shale gas premature, at least politically. “We’re still waking up to the fact that we have this enormous energy resource in our backyard,” Marvin Odum said at the US Energy Information Administration’s conference in Washington. “It completely changed the […]

Shell Says Slow U.S. Drill Permits in Alaska ‘Irresponsible’

By Kim Chipman – Apr 26, 2011 9:05 PM GMT+0100 Royal Dutch Shell Plc (RDSA) is being blocked from offshore oil and gas exploration in Alaska by the “irresponsible” delays of federal regulators, said the company’s U.S. president, Marvin Odum. Shell, based in The Hague, has spent more than $2 billion for hundreds of drilling […]

Shell’s favorite website

By John Donovan We have received the latest installment of Shell internal communications relating to this website and its owners. The information has been supplied in response to a Subject Access Request to Shell under the Data Protection Act. As always, there is some information which Shell would not want put into the public domain. […]

EPA Rules Force Shell to Abandon Oil Drilling Plans

Energy in America: EPA Rules Force Shell to Abandon Oil Drilling Plans By Dan Springer: Published April 25, 2011 Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals […]

Shell gets €60m injection to complete Corrib gas link

By Gordon Deegan Monday April 25 2011 SHELL Ireland has received a further cash injection of €60 million from its parent company to complete the Corrib gas field project. This brings to €190m Shell E&P Ireland Ltd (SEPIL) has received in additional cash in recent months as it prepares to wrap up the final phase […]

Shell fat cat Peter Voser highest earner in NL

FROM A DUTCH SHELL INSIDER Hello John The newspapers and some TV programmes are harping again on the bankers that have reduced bonuses but scandalously increased the ‘basic salary’ and all are back to levels of before the crisis. So has Shell, it is mentioned several times. Voser is the highest earner in NL with […]

Gas Wars: Rise of the Anti-Frackers

By Julienne du Toit South African anti-fracking groups had an extra Easter egg in their baskets this week when the government announced a moratorium on Big Energy plans to prospect for gas in the Karoo, the country’s semi-desert heartland. What? People Power takes on a tag team of fuel giants and local politicians and wins […]


Sunday April 24,2011 By Tracey Boles A DIP in production is expected to stop BP reaping the full benefit of the high oil price in its first-quarter results, out this week. But arch-rival Royal Dutch Shell is forecast to enjoy a surge in first-quarter earnings on the back of the oil price which averaged $105 […]

Shell espionage activities in Nigeria

By John Donovan A great deal of publicity was generated by the recent WikiLeaks revelations exposing Shell’s infiltration of the supposedly sovereignty government of Nigeria. Secret U.S. Embassy cables reported the boasting by a senior Shell executive that Shell spies are infiltrated throughout the Nigerian government. WikiLeaks Nigeria: Royal Dutch Shell embedded spies The news […]

Fossil fuel firms use ‘biased’ study in massive gas lobbying push

Industry urging governments and business to reject renewables in favour of ‘green’ shale gas Fiona Harvey, environment correspondent, Wednesday 20 April 2011 17.24 BST Pipes at a natural gas drilling site near Montrose, Pennsylvania. Photograph: Daniel Acker/Getty Images Senior executives in the fossil fuel industry have launched an all-out assault on renewable energy, lobbying governments […]

Oil giants play loose with facts on gas

Fiona Harvey April 23, 2011 SENIOR executives in the fossil fuel industry have launched an all-out assault on renewable energy, lobbying governments and business groups to reject wind and solar power in favour of gas, in a move that could choke the green energy industry. Multinational companies including Shell, GDF Suez and Statoil are promoting […]

Pirates of the Intranet

Working in internal communications is hard enough – but it just got tougher with the arrival of pirate sites that can sink your company intranet. Marc Wright offers some useful tips to ward off the invasions. by Marc Wright Internal communications is facing its greatest threat ever. The rise of low-cost websites created by employees […]

Lawsuits fly in BP’s Gulf spill blame game

By Tom Bergin and Moira Herbst LONDON/NEW YORK | Thu Apr 21, 2011 5:12pm EDT (Reuters) – A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued […]

BP’s multibillion dollar lawsuit against Transocean – expert verdict

BY BILL CAMPBELL (RETIRED HSE GROUP AUDITOR, ROYAL DUTCH SHELL GROUP) It should come as no surprise to the readers of this web site that BP plan to sue the owner and operator of the Deepwater Horizon Transocean.  In my opinion they will be successful in so doing. Lost in the mass hysteria of the […]

Age discrimination suit filed against Motiva

By David Yates Tyler resident Kurt Floersheim has filed suit against his former employer, Motiva Enterprises, alleging he was laid off so that two younger men could replace him. The suit was filed April 15 in Jefferson County District Court. According to the lawsuit, on June 15, 2009, Motiva informed Floersheim that he was being […]

Environmental groups comment on Shell’s Mississippi Canyon plan

As a result of these shortcomings, Shell’s Supplemental EP does not safeguard against a disaster like that of the Deepwater Horizon last year, jeopardizing the economies and ecosystems of the Gulf of Mexico.

BP sues Gulf rig operator for $40bn over oil spill

Latest update: 21/04/2011 BP has filed a $40 billion lawsuit against Transocean, the operator of the Gulf of Mexico oil rig, alleging the disastrous explosion on the oil rig was due to the firm’s “misconduct”. The company also filed suit against Halliburton and Cameron. By News Wires (text) AFP – BP has filed a lawsuit […]

Another platform sinks in Gulf of Mexico

Pemex flotel sinks in GoM 14 April 2011 Pemex reported no injuries or spills after a platform in the Bay of Campeche toppled and sank 12 April 2011. The Jupiter flotel went down in 38m water depths following an apparent pontoon control valve malfunction, the Mexican state oil company said in a release. About 13m […]

Shell’s Karoo fracking plans ended

South Africa Endorses Plans For Karoo Gas-Drill Freeze, Ending Shell Hopes By Robert Brand – Apr 21, 2011 2:31 PM GMT+0100 South Africa’s Cabinet endorsed the Department of Mineral Resources’ decision to declare a moratorium on natural-gas drilling in the Karoo region, halting plans by Royal Dutch Shell Plc (RDSA), Europe’s largest oil company. The […]

Shell says it paid Nigeria $3.8 bil tax on offshore oil operation in 5 years

Lagos (Platts)–21Apr2011/820 am EDT/1220 GMT Royal Dutch Shell Nigeria says it paid about $3.8 billion in taxes and royalties to the Nigerian government from its offshore and deepwater oil operations between 2006 and 2010. In a briefing note on the company’s operations in Nigeria in 2010 published Thursday, Shell said its joint venture operations contributed […]

Shale gas: is it as green as the oil companies say?

At the heart of the shale gas ‘sell’ is the industry’s analysis of a European Climate Foundation report – an analysis ECF rejects Fiona Harvey, environment correspondent: Wednesday 20 April 2011 20.49 BST A natural gas wellhead near Montrose, Pennsylvania. Photograph: Daniel Acker/Getty “You just wouldn’t believe you could get gas out of that, would […]

Fracking involved in out of control gas well blow out in Pennsylvania

Apr 20, 3:12 PM EDT Drilling fluid gushes from northern Pa. gas well By MICHAEL RUBINKAM Associated Press ALLENTOWN, Pa. (AP) — A blowout at a natural gas well in rural northern Pennsylvania spilled thousands of gallons of chemical-laced water Wednesday, contaminating a stream and forcing the evacuation of seven families who live nearby as […]

Leaked email from Cameron CEO Jack B. Moore: Deepwater Horizon

From: Harrell, Rosemary On Behalf Of Moore, Jack B Sent: 20 April 2011 16:05 Subject: Letter from Jack Moore Importance: High April 20, 2011 Dear Fellow Employees, A year ago today a tragic accident on the Deepwater Horizon took the lives of 11 men and injured many others. One year later, our industry still mourns […]

Shell Halves Nigerian Gas Flaring With New Units Through 2010

By Eduard Gismatullin April 19 (Bloomberg) — Royal Dutch Shell Plc, operator of Nigeria’s largest oil fields, halved gas flaring in the African country between 2002 and 2010 after installing gathering infrastructure. Associated gas flaring, or burning off the fuel pumped together with crude oil production, declined to less than 300 million cubic feet a […]

Blood for oil?

In 2003, Shell said rumours that it had met with the government to discuss Iraq’s oil reserves were ‘highly inaccurate’ while then BP chief executive Lord Browne said: ‘It is not in my or BP’s opinion, a war about oil’. Yet Baroness Symons, then the Trade Minister, met with officials from BP, Shell and BG […]

Secret memos expose link between oil firms and invasion of Iraq

By Paul Bignall Tuesday, 19 April 2011 Plans to exploit Iraq’s oil reserves were discussed by government ministers and the world’s largest oil companies the year before Britain took a leading role in invading Iraq, government documents show. Iraq’s burgeoning oil industry: Click HERE to upload graphic (160k) The papers, revealed here for the first […]

UK held talks with oil firms before Iraq invasion -paper

LONDON, April 19 | Mon Apr 18, 2011 10:29pm EDT (Reuters) – Britain discussed plans to exploit Iraq’s oil reserves with some of the world’s biggest oil companies five months before it joined the United States in invading the country, the Independent newspaper said on Tuesday. Citing documents it said were obtained under a Freedom […]

Nigeria oil revenue rose 46% to $59bn in 2010 on improved security

15 April 2011 00:00 The nation’s revenue from oil exports rose 46 percent from 2009 to N9.15 trillion ($59 billion) in 2010, as companies raised output on improved security in the Niger Delta, the National Bureau of Statistics stated yesterday. Nigeria earned $196 billion from oil and gas exports in the four years from 2007 […]

Shell Emissions Up by 9% Last Year, Natural Gas Flaring Up 32%

by Rachel Cernansky, Boulder, Colorado on 04.18.11 Image: Lee Jordan via flickr Royal Dutch Shell has released a sustainability report for 2010 showing that its direct greenhouse gas emissions rose by nine percent, and natural gas flaring—a wasteful practice that contributes its own emissions—increased by 32 percent. Shell attributes the increase to expanded production, including […]