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March 4th, 2013:

S&P Warns of Credit Downgrade for BP, Shell, Others

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March 4, 2013

Oil and gas companies including BP and Shell will likely see declines in cash flows and credit downgrades if world leaders implement policies to limit GHG emissions, according to a study by Carbon Tracker and Standard & Poor’s.

What A Carbon-Constrained Future Could Mean For Oil Companies’ Creditworthiness looks at how BP and Shell, along with three Canadian companies that focus on oil sands projects — Canadian Oil Sands, Canadian Natural Resources, and Cenovus Energy — would be affected by the International Energy Agency’s 450 scenario. This scenario aims to limit the global increase in temperature to 2 degrees Celsius by limiting GHG emissions to 450 parts per million (ppm) of CO2, resulting in a 35 percent reduction in oil use for transport by 2030, and 49 percent by 2035. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Selection of links to Shell related articles: 4 March 2013

Selection of links to Shell related articles kindly supplied by a regular contributor

Editorial: Cold Arctic logic shelves Shell’s drilling plan: The Seattle Times-MOTHER Nature made the point the Obama administration chose to ignore two years ago as it was processing an application by Shell Oil to ...

European Oil Majors Are Eyeing India’s Natural Gas Sector: Seeking Alpha-The Anglo-Dutch oil major Royal Dutch Shell (RDS.A), has decided to invest around $1 billion to develop a floating liquefied natural gas …

Shell Forecasts Near-Zero Global Emissions by 2100: Environmental Leader-Shell Forecasts Near-Zero Global Emissions by 2100 … to near- zero by 2100, under two predictive scenarios released by oil company Shell. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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