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Posts on ‘June 24th, 2012’

Kiobel vs. Royal Dutch Petroleum: Obama Administration now supports Shell

FROM A REGULAR CONTRIBUTOR  John, I found this article and thought your readers might find it interesting. Politics does indeed make for strange bedfellows. Marvin Odum’s 12 plus visits to the White House have obviously ‘paid off’, although one wonders who got paid off, no pun intended. It is amazing how far politicians will go [...]

Documents relating to Royal Dutch Shell Arctic Drilling

FROM A CONTRIBUTOR John I found this on the web. It may be of interest to some of your readers… Lloyds Drilling in extreme environments Final3.pdf

The Washington Post: Shell shareholders to back unification

FROM OUR ARCHIVES… Another dampener on Shell’s biggest corporate overhaul since the two holding firms tied up in 1907, is a spat over the rights to the web domain “royaldutchshellplc.com.” Disgruntled shareholder Alfred Donovan beat Shell to register the domain name. Shell has sued Donovan for the rights to the domain but while the matter [...]

Shell fights on for Cove

Mark Leftly: Sunday 24 June 2012 Royal Dutch Shell is expected to turn up the heat in its battle for Cove Energy, the Mozambique-focused gas explorer that has generated huge interest among the supermajors. Cove shareholders have until Wednesday to accept Shell’s 220p-a-share bid, which was tabled in April but has since been trumped by [...]

Shell gears up for new Arctic quest

By Jennifer A. Dlouhy: Saturday, June 23, 2012 VALDEZ, Alaska – A new chapter in U.S. oil exploration could open within days as Shell sails into seas north of Alaska, hoping to tap into a potential 90 billion barrels of crude that have beckoned for decades. The company has been there before, drilling exploratory wells in [...]

IS SHELL AN ENVIRONMENTAL AND A FINANCIAL RISK IN THE ARCTIC?

Posted June 22, 2012 EXTRACTS THE ENVIRONMENTAL RISKS:   For four years the focus of this blog has been to highlight the great risks of opening America’s Arctic, the Beaufort and Chukchi seas, to offshore oil development. We started by explaining the extreme fragility of the Arctic Ocean ecosystem… THE BUSINESS AND FINANCIAL RISKS: It [...]