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December 6th, 2013:

Eni CEO Doesn’t See Kashagan Output Stoppage Running into 2015

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December 6, 2013

A prolonged halt at the Kashagan oil field, which has been plagued by years of delays and cost overruns, could be a drag on the finances of the consortium behind the project, which includes Exxon Mobil Corp, France’s Total SA, Eni and Royal Dutch Shell PLC).

FULL ARTICLE

RELATED REUTERS ARTICLE

World’s costliest oil field arrives, but Kazakh dreams shrivel

A consortium including Exxon Mobil, Royal Dutch Shell, Total and ENI once promised to transform the prospects of the entire country of Kazakhstan and earn massive profits for their own shareholders. But those dreams have shrivelled amid cost overruns, delays, government interference and internal disputes among partners. 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.

A Rush to Expand Oil Drilling in the Arctic

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Waves crash over Royal Dutch Shell’s conical drilling unit Kulluk, where it sits aground Jan. 1, 2013, on the southeast side of Sitkalidak Island, Alaska. A unified command, consisting of U.S. Coast Guardsmen; federal, state and local partners; and industry representatives, was established in response to the grounding.

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Nations are moving to exploit the commercial potential of the region

By : December 5, 2013

In late December 2012, the U.S. Coast Guard was dispatched to rescue 18 crew members from the Kulluk, a Royal Dutch Shell drilling rig that had broken free from its tow. The responders battled an Arctic storm that generated near hurricane-strength winds and 50-foot waves, but despite their efforts, the rig ran aground off of a small Alaskan island on New Year’s Eve. The oil rig’s fuel tanks were not breached, according to a Department of the Interior review, but up to 272 gallons of diesel oil may have flowed into the water from shattered lifeboats. The Kulluk incident – the culmination of the first exploratory drilling effort in the U.S. Arctic in almost two decades – demonstrated the perils posed by this remote and harsh area of the world. 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 Halts $20 Billion Louisiana Gas-to-Liquids Project

Shell started the first commercial gas-to-liquids plant in 1993, using a process developed in Germany and used to make fuels during World War II. 

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By Bradley Olson – Dec 5, 2013 9:50 PM GMT

Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, halted plans to build a $20 billion gas-to-liquids plant in Louisiana, citing the potential cost and uncertainty about future crude and natural gas prices.

The project would have used natural gas to produce 140,000 barrels a day of liquid fuels and other products normally made from oil, The Hague-based company said in a statement today. Despite ample U.S. gas supplies from a boom in shale production, gas-to-liquids isn’t “a viable option for Shell in North America,” the company said. 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 abandons £12bn plan to turn gas into jet fuel in the US

He boasted that the project showed ‘there’s no better place in the world for major business investment’. But, without warning, last night it pulled the project.

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By Peter Campbell: PUBLISHED: 6 December 2013

Shell last night pulled the plug on a £12billion scheme to turn gas into jet fuel – and ruled out doing any work in the area in the whole of the US.

The oil supermajor had previously trumpeted a new facility in Louisiana that it said would create almost 5,000 permanent jobs in the area.

The State’s Governor Bobby Jindal had even promised tax incentives of £70million to help the company make the project work.

He boasted that the project showed ‘there’s no better place in the world for major business investment’. 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.

Citing Cost Concerns, Shell Will Not Build Gulf Coast Plant

“We are making tough choices here, focusing our efforts and capital on the most attractive opportunities in our worldwide portfolio,” Peter Voser, Shell’s chief executive, said in a statement. The decision would appear to be a blow to Shell’s ambitions both in natural gas technology and in the United States, where it is a major investor.

By STANLEY REED: December 5, 2013

Royal Dutch Shell said on Thursday that it would not build an immense gas-to-liquids plant on the Gulf Coast because of concerns over its cost. Shell had been studying the possibility of building a plant to take advantage of cheap shale gas in the United States for at least two years.

“We are making tough choices here, focusing our efforts and capital on the most attractive opportunities in our worldwide portfolio,” Peter Voser, Shell’s chief executive, said in a statement. 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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