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Posts on ‘January 7th, 2013’

Motiva Shuts Down Texas Refinery Expansion Unit Due to Leak

By Dow Jones Business News,  January 07, 2013, 01:19:00 PM EDT By Alison Sider Motiva Enterprises LLC said the crude unit of its Port Arthur, Texas, refinery expansion leaked while being restarted Sunday and was shut down. Kimberly Windon, spokeswoman for Royal Dutch Shell PLC (RDSA), said the company still plans to have the VPS […]

Shell oil drilling vessel towed after running aground off Alaska island during storm

ANCHORAGE, Alaska — A Royal Dutch Shell PLC drill vessel pulled from rocks off a remote Alaska island approached shelter Monday morning in a protected Kodiak Island bay. By Associated Press, Updated: Monday, January 7, 6:55 PM ANCHORAGE, Alaska — A Royal Dutch Shell PLC drill vessel pulled from rocks off a remote Alaska island approached shelter […]

Arctic drilling – cold feet

FROM THE FINANCIAL TIMES JAN 7, 2013 Cold, wet and windy in those Alaska waters. An accident involving Shell’s Kulluk oil drilling rig over the new year has set alarm bells ringing… …only technology can reduce the risks. Until it is developed further, there is no need to rush into such stormy waters. FULL FT […]

Towing of Shell Alaska oil rig off rocks set to begin

(Reuters) – A recovery team was poised to start towing a grounded Shell oil rig off rocks near an Alaska island, assuming the weather allows, the team said late on Sunday. A tow line was attached to the Kulluk drillship on Sunday at about 4 p.m. (1:00 a.m. British time) and all elements were in […]

Gulf of Alaska storms vs. Kulluk drilling rig

Unbelievably, a Shell Oil spokesman said, that forecasts indicated  a favorable two-week weather window. This is at odds with the facts. Cliff Mass | Jan 06, 2013 The storms win. Shell Oil made a misguided and poorly informed decision to move a huge drilling platform (the Kulluk) from Dutch Harbor Alaska to Seattle starting Dec. […]

Reputational damage to Peter Voser

By John Donovan The mainstream news media is reporting that the reputational damage to Peter Voser and the Shell board arising from the Arctic meltdown is huge. The fact that Shell’s leadership is hopelessly incompetent comes as no surprise to us. No competent board with an ounce of commercial commonsense would allow this website to […]

Royal Dutch Shell Arctic rig sparks drill fears

The reputational damage to Shell’s chief executive Peter Voser and the rest of the board is enormous. Shell has spent most of the past year defending allegations that it is incapable of drilling safely in the environmentally-sensitive Arctic region, which is regarded as the next frontier for oil. By Daily Mail Reporter Monday 7 January 2013 […]

Shell’s money play is on the rocks

By SHANNYN MOORE: 5 Jan 2013 Royal Dutch Shell’s Alaska operations could have used a dose of “local knowledge” to prevent their latest debacle: the grounding of the oil rig Kulluk. That phrase, “local knowledge,” should ring a bell for Shell. The company was the one of the largest contributors to a group opposing the […]