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Posts from ‘October, 2012’

Shell ends 2012 Arctic Ocean drilling off Alaska

AP News By Dan Joling on October 31, 2012 ANCHORAGE, Alaska (AP) — Royal Dutch Shell PLC has concluded drilling for the season in the Arctic Ocean off Alaska’s northwest and north coast. Shell Alaska spokesman Curtis Smith says the company completed one top hole in both the Chukchi (chuck-CHEE’) and Beaufort (BO-fort) seas. Top […]

All the worst Shell traits – secrecy, haughtiness, inertia

 From our Shell News Archive Sunday 31 October, 2004 The fallout from the Shell reserves fraud continues… The Independent On Sunday (UK): Business View: Shell’s real location problem is finding more black stuff: “The misreporting of reserves scandal showed all the worst Shell traits – secrecy, haughtiness, inertia.”: “So what’s the hurry? Was it because […]

Dole under pressure to withdraw support from Shell vs. Kiobel

October 30, 2012 By: Anne Seccombe Dole is the target of a campaign by grassroots activist organisation Sum Of Us, to pressure the company to withdraw its support from the amicus brief it filed on Shell’s behalf in the case of Shell vs. Kiobel, currently before the United States Supreme Court. Sumofus.org sent out an […]

Motiva Mess, Tom Purves and Cronyism

Cronyism is partiality to long-standing friends, especially by appointing them to positions of authority, regardless of their qualifications. Posting on our Shell Blog by a regular contributor: Golden Triangle Watchman” Re the Motiva article, so true…..How prophetic that the picture of Voser and the senior execs are sitting there opening a valve at the ceremony…. […]

Shell the Worst Company on Earth

30 October 2012 The case of Shell Petroleum Development Company in Ogoniland, Nigeria had been the most appalling experience and the most notable case of a company exploiting, billions of dollars in natural resources from a people and denying responsibility for turning the area into a waste land. Shell Petroleum started oil drilling in Ogoni […]

Shell fined $80k for work safety lapses at Pulau Bukom refinery

October 30, 2012 Oil giant Shell was fined $80,000 on Monday for lapses in workplace safety that led to a 32-hour fire at the company’s Pulau Bukom oil refinery in September last year. Court papers stated that while draining a pipeline, its contractors had used a method that allowed flammable gases to accumulate in the […]

Blog: The Shell Game

29 October 2012 Leaks in oil pipes in Nigeria were allowed to flow for 10 weeks before Shell came to the site to stop them. © Amnesty International Audrey Gaughran, Director of Amnesty International’s Africa Programme For decades the oil industry in Nigeria’s Niger Delta has caused widespread pollution of land and water, damaging people’s […]

Shell fined $80,000 for Bukom fire

The company had earlier pleaded guilty to failing to take reasonably practicable measures to ensure workers’ safety… AsiaOne: Monday, Oct 29, 2012 SINGAPORE – Shell was fined $80,000 for its role in a fire that broke out at its Pulau Bukom Refinery on Sep 28, 2011. The company had earlier pleaded guilty to failing to […]

A big mess at Motiva and why Gulf Coast refiners are making a killing

Lorne Stockman While Chevron’s Richmond refinery has been making the news lately with a very visible incident, our attention has been drawn to less noticed recent events in America’s biggest refining center on the Gulf Coast, where what was to become the country’s largest refinery also ran into a spot of trouble. You’d think that […]

A DREADFUL DAY FOR SHELL SHAREHOLDERS, ESPECIALLY UK SHELL SHAREHOLDERS

FROM OUR OCTOBER 2004 SHELL NEWS ARCHIVE Friday 29 October, 2004 – A DREADFUL DAY FOR SHAREHOLDERS IN SHELL TRANSPORT AND TRADING COMPANY PLC The Times (UK): The Hague for head office: “ALTHOUGH it maintains otherwise, Shell is effectively going Dutch…”: “From May, the big decisions will be taken by a new board in The […]

Shell Struggles to Repay Iran Oil Debt

Dow Jones Newswires: Published October 28, 2012 Royal Dutch Shell PLC (RDSA) is struggling to settle the over $1 billion it owes Iran for oil purchases after options such as financing a gas pipeline or paying for food shipments were rejected, people familiar with the matter said over the weekend. “There have been several options […]

Shell attacks ‘ridiculous’ effects of European energy policy

Royal Dutch Shell has attacked the “ridiculous” impact of European energy policy, warning that governments are erasing the environmental benefits from expensive renewables by allowing coal use to increase. Europe is burning more coal, while demand for gas – which emits much less CO2 than coal – is declining Photo: GETTY IMAGES By Emily Gosden: 6:03PM […]

OIL GIANTS BACK IN BLACK AS CRUDE RISES

By Geoff Ho: Sunday October 28,2012 OIL giant BP is expected to return to profit this week when it reports its third-quarter results thanks to the rising oil price, while arch-rival Royal Dutch Shell is also set to announce improved profits. BP is expected to make a net profit of $4 billion (£2.5 billion) for […]

Shell stuns City with revamp

From our October 2004 Shell News Archive London Evening Standard: Shell stuns City with revamp “The troubled group wants to draw a line under its devastating oil and gas reserves crisis earlier this year by creating a new £100bn holding company, Royal Dutch Shell Plc.”: “Buried deep in the results statement, Shell said it was […]

Royal Dutch/Shell to merge

From our October 2004 Shell News Archive Royal Dutch/Shell to merge Netherlands HQ ‘not a victory for the Dutch': “Yet Shell’s governance scheme wasn’t without a few surprises, chiefly that the headquarters will be based in The Hague, Netherlands along with two of the group’s three main businesses.” By Emily Church, Oct. 28, 2004 LONDON […]

Shell chairman deeply ashamed about reserves fraud

From our October 2004 Shell News Archive London Evening Standard: Market Report: SPEAKING OUT “All of us are deeply ashamed about what happened about the reserves, but we are determined to regain our position. — Shell chairman Jeroen van der Veer on the oil giant’s attempts to put its misdemeanours behind it” Market Report By […]

Panel says it doesn’t have authority to rule on challenge to Jackpine Mine expansion

Constitutional challenge to Shell oilsands development raised by First Nation, Metis groups By Marty Klinkenberg, Edmonton Journal October 26, 2012 The Joint Review Panel reviewing Shell’s proposed Jackpine Mine expansion project north of Fort McMurray on Friday ruled that it does not have jurisdiction to consider a constitutional challenge raised by the Athabasca Chipewyan First […]

Shell seeking to circumvent sanctions on Iran

UANI Calls on U.S., EU to Reject Royal Dutch Shell Scheme to Repatriate Iranian Oil Money Through Grain Deal Published: October 26, 2012  NEW YORK — United Against Nuclear Iran (UANI) CEO, Ambassador Mark D. Wallace, issued the following statement Friday in response to reports that Royal Dutch Shell is seeking to circumvent international sanctions […]

Shell Seeks Approval To Work Around Iran Sanctions Via Barter

The proposed offset agreement creates a tricky dilemma for Britain and the United States, two of the six countries that are in negotiations with Iran to persuade it to step back from a nuclear programme they suspect is developing atomic weapons. (Reuters) – Oil major Royal Dutch/Shell is seeking to work around international sanctions by […]

Nigeria: Shell Donates U.S.$1 Million to Flood Relief Fund

By Juliet Alohan, 26 October 2012 In a bid to help alleviate the plight of flood victims, Shell Petroleum Development Company of Nigeria (SPDC) has donated $1 million towards relief efforts in support of flood displaced persons in 24 states across the country. The cash donation, according to a statement yesterday by the company’s spokesperson, […]

Lies about Shell safety record on Corrib Gas Project?

Hi John, I saw that you posted up the “Mayo Today” article entitled “Corrib safety clock hits three million hours mark”. In the article Shell claim: “The record was reached on October 4 and the workscope covered included all onshore pipeline and terminal activities, plus all offshore work managed out of Erris. This represented an […]

Nigeria loses billions in oil, gas theft

Nigeria is losing $1 billion a month to oil theft while fraudulent natural gas deals with international companies cost the country $29 billion over the past decade. Published: Oct. 25, 2012 at 12:19 PM LAGOS, Nigeria, Oct. 25 (UPI) — Nigeria is losing an estimated $1 billion a month to oil theft while fraudulent natural […]

Motiva slapped with $500,000 fine arising from hundreds of environmental violations

October 24, 2012 Motiva to pay fine in refinery settlement Motiva Enterprises LLC will pay a $500,000 fine to settle environmental violations at the company’s Norco and Convent refineries, according to a preliminary agreement with the Louisiana Department of Environmental Quality. The settlement includes a 45-day comment period, according to a DEQ letter to Motiva […]

Shell and BP accused of a price-fixing racket spanning decades

By Alex Ward Published 25 October 2012 The South African Competition Commission has called for six oil companies – Shell, BP, America’s Chevron, France’s Total and domestic producers Sasol and Engen – to stand before the South African Competition Tribunal for collusion.  An investigation that begun in 2009 revealed that the six companies to have […]

Shell’s business ethics guidelines are a sham

John, THE NEW YORK TIMES ARTICLE Spies and Co. As an ‘interested observer’ I would make this comment about Shell’s business operations and their unethical business practices. The US Federal government operates under the Federal Acquisition Regulation’s for the purposes of purchasing goods and services. As it happens to be, the US government requires that […]

Spies and Co.

A version of this op-ed appeared in print on October 25, 2012, on page A31 of the New York edition with the headline: Spies and Co.. EXTRACT Spying for profit continued in more recent times. In the late 1990s, the candy companies Nestlé and Mars engaged in an epic corporate war that included a confidential […]

Shell to Increase Participation in the Beryl Area Fields in the North Sea

Published October 25, 2012 THE HAGUE, the Netherlands, October 25, 2012 — /PRNewswire/ — Shell announced today the signing of an agreement with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System (“SAGE”), for US$ 525 million. he Beryl Area includes 12 fields located on the […]

Hess to sell Beryl assets to Royal Dutch Shell for $525 mln

Thu Oct 25, 2012 2:16am EDT Oct 25 (Reuters) – Hess Corp said it has agreed to sell its interest in the Beryl area fields in the North Sea and the Scottish Area Gas Evacuation System to Royal Dutch Shell for $525 million. The Beryl fields, located northeast of Aberdeen and operated by Apache Corp, […]

Chevron, BP Price-Fixing Case Referred to South Africa Tribunal

By Paul Burkhardt on October 24, 2012 South Africa’s Competition Commission has recommended the maximum penalty in a price-fixing case spanning decades that involves six companies including Chevron Corp. (CVX), Royal Dutch Shell Plc (RDSA) and Total SA. (FP) The regulator, which has referred the matter to the Competition Tribunal for adjudication, wants the companies […]

Nigeria oil output down 20 pct-officials

Wed Oct 24, 2012 6:58am EDT * Flooding cuts Nigeria production by 500,000 bpd * Shell declared force majeure on Bonny, Forcados * NNPC says oil output around 2.1-2.2 mln bpd By Joe Brock ABUJA, Oct 24 (Reuters) – Nigeria has lost at least a fifth of its oil output in recent weeks due to […]

Selection of Article Links: 24 October 2012

Selection of article links supplied by a regular contributor Study for Shell’s Jackpine Oil Sands Mine Predicts ‘Unprecedented … Inside Climate News-Oct 22, 2012 Study for Shell’s Jackpine Oil Sands Mine Predicts ‘Unprecedented’ Losses in Animal Habitat (Edmonton Journal) · Methane Found in Drinking … Shell’s Tar Sands Expansion Could Be Illegal SustainableBusiness.com-Oct 22, 2012 […]

Mark Carne leaving Shell (or booted out?)

THIS DEVELOPMENT HAS NOT BEEN ANNOUNCED PUBLICLY BY SHELL “There must have been a power-struggle of epic dimensions for him to leave Shell the second time. I am not aware of similar career moves in the past and certainly not at his level!! Sweeping the stairs from top to bottom?” FROM A SHELL SOURCE John […]

Leaked Shell Internal message from Upstream International Director Andrew Brown

“More drivel on focus, leadership, business and all politically correct words.” FROM A SHELL SOURCE, A LEAKED SHELL INTERNAL MESSAGE SENT MINUTES AGO BY “ANDY” BROWN, UPSTREAM INTERNATIONAL DIRECTOR. FOLLOWS UP ON A LEAKED MOTIVATIONAL MESSAGE FROM PETER SUPERBUCKET VOSER John More drivel on focus, leadership, business and all politically correct words. Even 2 females […]

Nigeria: Total, Shell Halt 517,000 Barrels Crude Production

By Juliet Alohan With Agency Report, 24 October 2012 A total of 517,000 barrels of oil equivalent per day has been halted following the force majeure declared by oil giants Total and Shell. Total has declared force majeure on gas supplies to Nigeria LNG’s liquefication plant, the company said yesterday. The company said it had […]

Tarnished Shell seeks to be born again

From our October 2004 Shell News Archive The Independent On Sunday (UK): Tarnished Shell seeks to be born again Tim Webb on the oil giant’s attempts to put scandal behind it and give itself a facelift: “Shell directors have spent the last year reading the newspapers about how bad they are,” he says. “The last […]

Royal Dutch Shell Bribery and Corruption in Nigeria

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 63243 / November 4, 2010 ACCOUNTING AND AUDITING ENFORCEMENT Release No. 3204 / November 4, 2010 ADMINISTRATIVE PROCEEDING File No. 3-14107 In the Matter of ROYAL DUTCH SHELL plc, and SHELL INTERNATIONAL EXPLORATION AND PRODUCTION INC., Respondents. ORDER […]

Royal Dutch Shell makes Nigeria production warning

By Jon Gambrell on October 23, 2012 LAGOS, Nigeria (AP) — Royal Dutch Shell PLC warned Tuesday that it won’t be able to make its estimated production for two types of oil pumped from Nigeria, largely blaming attacks on its pipelines by thieves wanting to steal crude. Shell said in a statement it had declared […]

Alberta First Nation wants to stop Shell Canada’s Jackpine mine expansion

By Marty Klinkenberg, Edmonton Journal October 22, 2012 EDMONTON – Backed by human rights organizations and conservation groups, the Athabasca Chipewyan First Nation will argue in Fort McMurray on Tuesday that it should be allowed to issue a legal challenge against Shell Canada’s proposed expansion of its Jackpine mine in northeastern Alberta. In an appearance […]

Russia ‘Off Limits’ to Big Oil After BP Wins Putin’s Approval

By Joe Carroll and Edward Klump on October 22, 2012 Now that BP Plc (BP/) has partnered with Russia’s Vladimir Putin to oversee the world’s second-biggest oil industry, other international energy companies such as Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc (RDSA) are facing dwindling access to one of the last untapped troves […]

North Sea helicopter ditching: ‘All safe’

22 October 2012 Last updated at 17:37 All 19 people on board a helicopter which ditched in the North Sea are reported to be safe. The incident happened in an area 32 miles south of Shetland, off Fair Isle. The alarm was raised at about 15:30. CHC Helicopter confirmed one of its aircraft was involved, […]