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Posts from ‘June, 2011’

Shell sees future in unconventional gas

Published: June 30, 2011 at 9:44 AM LONDON, June 30 (UPI) — A so-called revolution in gas supplies driven in part by shale-gas reserves will allay global energy security concerns, a Shell official said in London. Malcolm Brinded, executive director of global upstream activity at Royal Dutch Shell, told delegates at an energy summit in […]

AP Interview: Shell president optimistic on Arctic

By DAN JOLING, Associated Press – 29 June 2011 ANCHORAGE, Alaska (AP) — Shell Oil President Marvin Odum has faith that his company can develop vast reserves in the Chukchi Sea off Alaska’s northwest coast. But he’d like to get on with exploratory drilling to tap into a resource that could be crucial to meeting […]

Lawmakers Seek Inquiry of Natural Gas Industry

A version of this article appeared in print on June 29, 2011, on page A12 of the New York edition Photo Credit: J. Scott Applewhite/Associated Press Representative Maurice D. Hinchey (right) wants S.E.C. action. WASHINGTON — Federal lawmakers called Tuesday on several agencies, including the federal Securities and Exchange Commission, the Energy Information Administration and […]

Evidence Shell is prepared to settle litigation on moral grounds

By John Donovan As we are approaching the 20th anniversary of our spectacular falling out with Shell, involving Six High Court cases, a County Court action and unsuccessful proceedings issued by Shell via The World Intellectual Property Organisation, I have been looking at some of the past correspondence in connection with articles we intend to […]

S.E.C. rule changes on estimated reserves: ‘Welcome back to Alice in Wonderland’

In 2004, the oil and gas industry faced one of its most embarrassing scandals. After whistle-blowers reported concerns about the size of Royal Dutch/Shell’s reserves, the company surprised investors by slashing reserve estimates. “I am becoming sick and tired about lying,” Walter van de Vijver, a senior executive at Royal Dutch/Shell, wrote in a November […]

Insiders Sound an Alarm Amid a Natural Gas Rush

By IAN URBINA : A version of this article appeared in print on June 26, 2011, on page A1 of the New York edition Natural gas companies have been placing enormous bets on the wells they are drilling, saying they will deliver big profits and provide a vast new source of energy for the United […]

Is Arctic drilling safe? Scientists aren’t sure

June 24, 2011 Escalating oil prices and diminishing supplies around the world are focusing more attention than ever on the vast petroleum reserves under the Arctic seabed, and in the relatively pristine shoreline areas of the Arctic National Wildlife Refuge and the National Petroleum Reserve-Alaska.The Obama administration is moving to speed up drilling where possible, […]

Shell Gets $876 Million for Canadian Carbon Capture Project

By Ehren Goossens and Jeremy van Loon – Jun 24, 2011 9:46 PM GMT+0100 Royal Dutch Shell Plc (RDSA) will receive C$865 million ($876 million) from the governments of Alberta and Canada to fund a carbon capture and storage project. Shell and its partners will receive the money over 15 years, based on meeting certain […]

Shell accused of supporting Syrian regime

By Daily Mail Reporter Last updated at 10:05 AM on 31st May 2011 Royal Dutch Shell has been accused of working ‘hand in glove’ with the government in Syria where hundreds of unarmed demonstrators have been killed during protests against the regime. The firm chartered a tanker to export almost 600,000 barrels of the country’s […]

No Arctic science ‘silver bullet’

Patti Epler | Jun 23, 2011 A long-awaited federal report released Thursday points to numerous holes in scientific knowledge about the Arctic that could shed important light on how oil and gas development would affect the area. Now, the question is: what will anyone do with it? The 272-page document will undoubtedly end up in […]

Shell and the murder of Ken Saro-Wiwa

From pages 15 & 16 of “Royal Dutch Shell and its sustainability troubles” – Background report to the Erratum of Shell’s Annual Report 2010 The report is made on behalf of Milieudefensie (Friends of the Earth Netherlands) Author: Albert ten Kate: May 2011. Ken Saro-Wiwa (10 October 1941 – 10 November 1995) was a well […]

Icebreaker for Shell’s oil-spill response fleet needs Inupiaq name

JUNE 22, 2011 By Alex DeMarban A lucky student from the North Slope Borough School District will name the new commercial icebreaker that Shell Oil will lease as part of its oil-spill response fleet in the Arctic Ocean. The 360-foot-long, low-emission ship, under construction in Louisiana by Edison Chouest Offshore, is scheduled to launch late […]

East Timor Wants Shell Excluded From Sunrise Development Talks

JUNE 22, 2011 SYDNEY (Dow Jones)–East Timor is calling for Royal Dutch Shell PLC. (RDSB.LN) to be excluded from discussions about the development of the Greater Sunrise gas field, claiming its promotion of floating liquefied natural gas technology represents a conflict of interest. East Timor has consistently opposed the use of a floating LNG vessel […]

House Votes to Streamline Clean-Air Permits for Oil-Drilling Projects

JUNE 22, 2011 By TENNILLE TRACY WASHINGTON—The House voted Wednesday to streamline the issuance of clean-air permits for offshore oil-drilling projects, representing another attempt by Republicans to pressure the Obama administration into speeding up domestic oil production. The bill passed Wednesday night by a vote of 253-166, with votes falling largely along party lines. A […]