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Posts on ‘February 21st, 2012’

Shell EPA Permits for Alaska Drilling Challenged in Court

By Edvard Pettersson – Feb 21, 2012 8:34 PM GMT Royal Dutch Shell Plc (RDSA)’s air pollution permits for offshore oil drilling in Alaska were challenged by environmental groups who said the permits violate the U.S. Clean Air Act. The Alaska Wilderness League and eight other organizations filed a petition with the U.S. Court of […]

Shell settles South Africa cartel case

The Competition Commission of South Africa announced on Tuesday that it has reached settlement agreements with two major oil companies, namely Engen Petroleum Limited (Engen) and Shell South Africa Marketing (Pty) Limited (Shell) in which they admit to having fixed the price of bitumen with other oil companies. The commission said the two companies did […]

Shell says appetite for Nigeria exploration waning

Chief amongst complaints by Nigerians is the massive corruption in the sector, which siphons off billions of dollars… Tue Feb 21, 2012 9:03am EST * Oil theft, regulatory uncertainty holding back exploration * Nigeria could double output to 4 million bpd, Shell says * Oil minister admits problems, sees 2.68 million bpd soon By Joe […]

Brent oilfield to be decommissioned

Royal Dutch Shell’s Brent oilfield, among the largest fields ever found in the UK North Sea, is set to be decommissioned in the near future, a company official said on Tuesday.

EU to vote on oil sands pollution

BBC NEWS: European Union officials are expected to vote on draft legislation that would label Canadian fuel as more polluting than oil from other parts of the world. Oil extracted from “oil sands” is regarded by some as energy intensive and environmentally damaging.

Shell CEO Peter Voser warns Brussels on flood of regulations

Tuesday 21 February 2012 Anglo-Dutch oil giant Royal Dutch Shell has warned the European Commission that Europe’s competitiveness will be ‘paralysed’ by the flood of new financial regulations currently being introduced. CEO Peter Voser told the Financieele Dagblad he has sent a warning letter to Brussels with a copy to the parliament in The Hague. […]