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Posts on ‘July 8th, 2011’

Shell’s drilling off Australia could ‘devastate’ endangered marine life

WWF demands full environmental impact assessment before Shell starts work near the Ningaloo marine park, north of Perth Alison Rourke: Friday 8 July 2011 17.49 BST Whale sharks, the world’s biggest species of fish, could be put at risk by oil drilling near Ningaloo marine park, western Australia. Photograph: Henry Walcott/AP Conservation groups in Australia […]

Shell CEO: Company ‘Learned’ From Russian Experience -Report

By London Bureau Published July 08, 2011 Dow Jones Newswires LONDON -(Dow Jones)- Anglo-Dutch oil giant Royal Dutch Shell PLC will take lessons it learned from past negative experiences in Russia to aid it in future, Chief Executive Peter Voser said in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday. When […]

Gulf Coast governors defend Shell drilling plan

Gulf Coast governors defend Shell drilling plan MELINDA DESLATTE, Associated Press Updated 05:00 p.m., Friday, July 8, 2011 BATON ROUGE, La. (AP) — The governors of Louisiana, Mississippi and Alabama are asking a federal appeals court to uphold the Obama administration’s approval for a Shell deepwater drilling plan in the Gulf of Mexico. Environmental groups have asked […]

Shell plans $30 bln, 5 year Australia investment

July 8, 2011, 2:45 p.m. EDT By London Bureau LONDON (MarketWatch) — Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSA.LN, RDSB.LN, RDSA, RDSB) plans to invest $30 billion in Australia over the next five years, Chief Executive Peter Voser said in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday. The country […]

Shell aims to grow dividend but at ‘right time’

July 8, 2011, 2:42 p.m. EDT By London Bureau LONDON (MarketWatch) — Royal Dutch Shell PLC (RDSA, RDSA.LN) aims to grow its dividend as its cash flow increases, though this will be done in a measured way, said Chief Executive Peter Voser in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday. […]

Shell serious about ethanol and other biofuels, says CEO

By NALIN VIBOONCHART THE NATION KUALA LUMPUR Published on July 9, 2011 Royal Dutch Shell is heavily focused on investing in the exploration and production of gas and biofuels in promising countries, including China and Brazil, as it foresees that these sources of energy will play an important role over the next four decades as […]

Shell to produce more gas than oil from 2012-report

Fri Jul 8, 2011 12:59pm EDT * Royal Dutch Shell CEO says future belongs to gas-report * Says trend for energy prices pointing upwards * Says Shell to invest $30 bln in Australia in next 5 yrs ZURICH, July 8 (Reuters) – Royal Dutch Shell Plc (RDSa.L) will produce more gas than oil from 2012, […]

Mining the Canadian tar sands: CCS-Project Quest; Pollution of Athabasca River; Concerns of the Canadian Aboriginals

From pages 20 & 21 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. CCS-project Quest Shell’s Athabasca Oil Sands Project (AOSP, Shell share 60%) is […]

Ireland’s share of revenue from its gas fields could be as low as 7%, report shows

July 3, 2011 by William Hederman The tax write-offs under Ireland’s licensing terms for oil and gas are so generous, oil companies could end up paying the exchequer as little as 7% of the revenue from Irish gas fields. This shocking figure is extrapolated from information provided by Brian O’Cathain, former head of the Corrib […]

WWF slams Shell reef drilling plans

2011-07-08 14:15 Sydney – Australian green activists expressed outrage on Friday at a government decision to allow energy giant Shell to drill for gas at a pristine reef that was listed as a World Heritage site just two weeks ago. Ningaloo Reef is considered a natural wonder, sprawling some 260km along Australia’s west coast and […]

Greens in shock over Shell drilling rights

AAP From: Herald Sun July 08, 2011 7:47PM Drilling is planned near heritage-listed Ningaloo Reef. CONSERVATIONISTS say they may appeal a Government decision to allow Shell to drill near the World Heritage-listed Ningaloo Reef. The Department of Environment said Shell could drill the Palta-1 exploration well, about 50km west of the Ningaloo Marine Park border, […]