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December 5th, 2013:

Wood Mackenzie report cites a variety of Shell failings

Screen Shot 2013-06-30 at 08.30.42The information on page 5 of a current report by industry experts (Wood Mackenzie) speak volumes about the unappetizing legacy left by Royal Dutch Shell Chief Executive Peter Voser who is about to take early retirement. Some say that like David Lawrence of Alaska, Voser was persuaded to jump ship?

By John Donovan

The information on page 5 of a current report by industry experts (Wood Mackenzie) speak volumes about the unappetizing legacy left by Royal Dutch Shell Chief Executive Peter Voser (above right), who is about to take early retirement. (Some say that like David Lawrence of Alaska, Voser was persuaded to jump ship?)

On page 5 Wood Mackenzie cites a variety of failings, including a huge overspend in Alaska.

The highly informative Executive Summary Report on Royal Dutch Shell, available on subscription, contains positive, as well as negative expert opinion about the oil giant. 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.

Shell Won’t Proceed with Louisiana Gas-to-Liquids Project

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December 5, 2013

LONDON–Oil giant Royal Dutch Shell PLC (RDSA.LN) said Thursday that it will not proceed with a proposed gas-to-liquids project in Louisiana due to the likely development costs and uncertainties over long-term oil and gas prices.

FULL ARTICLE

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.

Large Companies Prepared to Pay Price on Carbon

ExxonMobil, ConocoPhillips, Chevron, BP and Shell, all major contributors to the Republican party…

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Shell, a co-owner of the Motiva oil refinery in Port Arthur, Tex., has added climate-related carbon taxes to its long-term budgets. Michael Stravato for The New York Times

By CORAL DAVENPORT:  A version of this article appears in print on December 5, 2013, on page A1 of the New York edition

WASHINGTON — More than two dozen of the nation’s biggest corporations, including the five major oil companies, are planning their future growth on the expectation that the government will force them to pay a price for carbon pollution as a way to control global warming.

The development is a striking departure from conservative orthodoxy and a reflection of growing divisions between the Republican Party and its business supporters.

A new report by the environmental data company CDP has found that at least 29 companies, some with close ties to Republicans, including ExxonMobil, Walmart and American Electric Power, are incorporating a price on carbon into their long-term financial plans. 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.

Oil spill coats river, sea near ENI Nigeria facility

Vast stretches of the delta’s unique mangrove swamps are blackened and dead from oil pollution.

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By Tife Owolabi: YENAGOA, Nigeria Tue Dec 3, 2013 5:39pm IST

(Reuters) – A large oil spill near Nigeria’s Brass facility, run by ENI, has spread through the sea and swamps of the oil producing Niger Delta region, local residents and the company said on Monday.

ENI said it was not yet possible to determine the cause of the spill.

There are hundreds of leaks every year from pipelines that pass through the delta’s creeks, damaging the environment and the profits of oil companies including ENI and Royal Dutch Shell, especially when production has to be deferred. 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.

Raizen Energia Ethanol Sales Hurt by U.S. Cuts: Corporate Brazil

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December 04, 2013

Raizen Energia SA, Brazil’s biggest ethanol exporter, is the sugar-cane processor most at risk from a U.S. plan to cut biofuel mandates, threatening the South American country’s $6.4 billion export market.

The joint venture between oil producer Royal Dutch Shell Plc (RDSA) and Cosan SA Industria & Comercio produced 2.32 billion liters (612.1 million gallons) of ethanol in the 12 months through March. More than half was exported and most of that was shipped to the U.S., according to Salim Morsy, a New York-based analyst with Bloomberg New Energy Finance. 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.

Shell plans more testing in Great South Basin

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4 December 2013

Shell is planning more seismic surveys of the seafloor off the coast of South Otago. Shell New Zealand holds two deepwater exploration permits for the Great South Basin covering about 25,000 square kilometres. At their closest, the areas come within about 50km of the coastline south of Dunedin. The company is due to decide whether to begin test drilling for natural gas in one area by early January 2014. Shell New Zealand said preview seismic mapping in two and three dimensions have indicated two potential natural gas accumulations it wants to explore further. The company said it would begin a new set of two-dimensional surveying in January, running for about 70 days. SOURCE
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.

BP and Shell among oil firms Iran wants back in country

Iranian Oil Minister seeks talks with oil giants to return Iran to help tap world’s fourth-largest oil reserves after sanctions are lifted

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By Reuters: 2:25PM GMT 04 Dec 2013

Iran on Wednesday named seven Western oil companies it wants back in its vast oil and gas fields once international sanctions are lifted and said it would offer contract terms in April next year.

Iranian Oil Minister Bijan Zanganeh named the seven in order: BP, Royal Dutch Shell, Total of France, Italy’s ENI, Norway’s Statoil, and US companies Exxon Mobil and ConocoPhillips.

Iran has the world’s fourth-largest proved national reserves of oil – most of it cheap to produce – and is also home to the biggest proved reserves of natural gas, some 18pc of the global total. 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.

Royal Dutch Shell Completes $7.48B Credit Facility

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December 4, 2013

LONDON–Oil company Royal Dutch Shell PLC (RDSA.LN) Wednesday said it has completed a $7.48 billion credit facility with a group of banks, replacing a $5.1 billion facility that was originally due to expire in August 2015.

FULL ARTICLE

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.

Shell charts return to offshore Alaska drilling in July

 Screen Shot 2013-01-11 at 20.09.51The return marks a big step for Shell after a troubled 2012 season that galvanized environmental opposition to drilling off Alaska’s coast and forced the company to abandon exploration plans for 2013. The Transocean rig replaces Shell’s Kulluk, a drillship that ran aground in January while being towed south after completing its work off Alaska.

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Wed Dec 4, 2013 3:48pm EST

Dec 4 (Reuters) – Royal Dutch Shell Plc will return to Alaskan offshore drilling next July and will deploy an upgraded drillship in the Chukchi Sea, while keeping a newly contracted backup drillship ready if needed, according to plans released on Wednesday.

The Noble Discoverer, now undergoing maintenance and upgrades in South Korea, will perform exploration drilling with a containment dome kept on standby in case of spills. Transocean’s Polar Pioneer will provide backup. 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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