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Posts on ‘July 21st, 2012’

1 Million Names, Legal Threat Spur Arctic Campaign

“Yesterday in Amsterdam, I was served with an urgent notice from Shell, one of the world’s wealthiest oil company, whom in the past weeks we have been vigorously and prominently campaigning against in our Save The Arctic drive. The notice was a stern message from Shell lawyers, who are very worried that our actions around [...]

Rudderless Shell still worth backing

FROM OUR JULY 2005 SHELL NEWS ARCHIVE… The Independent: Rudderless Shell still worth backing “The company has also created a single board, after blaming its double-headed, dual-nationality structure for the disasters of recent years. Shell had been overstating its reserves of oil, and had to fess up last year, cutting the number by one-third. But [...]

Shell failed to disclose spiralling costs in merger prospectus

FROM OUR JULY 2005 SHELL NEWS ARCHIVE… THE TIMES: Shell failed to disclose spiralling costs in merger prospectus SHELL failed to disclose in its merger prospectus the massive cost overruns at Sakhalin II, the Siberian gas project whose budget has doubled to $20 billion (£11.5 billion). Thursday 21 July 2005 By Carl Mortished SHELL failed [...]

European Journal: Shell’s Enemy No. 1

European Journal – The Magazine from Brussels European Journal is a 30 minute magazine on DW that delivers the inside take – reports on important political, economic and cultural developments in the EU with a strong focus on the European integration process. European Journal features issues that move Europeans and shows Europeans on the move. [...]

Shell wins Coast Guard OK on changes to Arctic-bound barge

Posted on July 20, 2012 at 1:06 pm by Jennifer A. Dlouhy The Coast Guard has approved Shell’s request to change the standards for evaluating the readiness of a key emergency response ship that is set to be on hand during planned oil drilling in Arctic waters this summer. But Shell is still rebounding from [...]

Shell’s still waiting

Company needs Chukchi ice to clear & barge certification before drilling start By Alan Bailey: Published Week of July 22, 2012 Shell’s two drilling vessels, the Noble Discoverer and the Kulluk, are still moored at Dutch Harbor in the Aleutian Islands, waiting for ice to clear in the northern Chukchi Sea before embarking on the [...]

Arctic drilling close for Shell, but still elusive

By Juliet Eilperin and Steven Mufson, Published: July 20 ANCHORAGE — Seven years and $4.5 billion after it bought leases to explore for oil off Alaska’s Arctic coast, Royal Dutch Shell is finally close to drilling a well in the pristine Chukchi Sea, confident that it will discover a vast oil reservoir buried thousands of feet [...]