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Posts from ‘March, 2015’

Royal Dutch Shell To Delay Drilling Of Australian Well

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By: MICHEAL KAUFMAN
Published: Mar 31, 2015 at 1:57 pm EST

Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) has postponed its $100 million-plus exploration well in Australia’s north-east cost. The Den Haag-based energy company’s project known as the Cronus-1 was initially scheduled to start drilling in the first quarter of 2015 in the Browse basin. However, now the project has been postponed, reportedly till the end of this year.

Many are speculating that the project is postponed because of more than 50% plunge in the crude oil prices since June 2014. A spokesman of Shell denied that the decline in crude oil prices has resulted in postponing the Cronus project. However, the spokesman failed to give any reason for the delay. read more

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Ice gas could be huge for NZ – Shell boss

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By Grant Bradley Aviation, tourism and energy writer for the Business Herald

New Zealand’s next energy game changer could be the “super resource” of gas hydrates, says Shell New Zealand chairman Rob Jager.

Speaking to the Advantage New Zealand Petroleum Summit yesterday, he said “ice gas” beneath the sea off the coasts were recognised internationally as having significant potential as a future energy resource.

“One [government study] explains this resource could possibly be about 10 times as big as the giant Maui gas field when it was first found,” Jager said. “GNS science says we have some of the biggest deposits of ice gas in the world, with the potential to meet all New Zealand’s needs and create a gas export for decades.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Iran riches coveted by big oil after decades of conflict

Extracts from a Bloomberg article published 31 March 2015

Iran riches coveted by big oil after decades of conflict

Now, as Iran and the US enter 11th hour negotiations to reach a nuclear deal and ease sanctions, the West Asian country is emerging again as a potential prize for western oil companies such as BP, Royal Dutch Shell Plc, Eni SpA and Total SA.

The restoration of Western oil investment appears to be a priority for Iran in its nuclear talks with the U.S., U.K, France, Germany, Russia and China. A year ago, the new Iranian President Hassan Rouhani used a speech during the World Economic Forum in Davos to court the European oil majors. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell will resume drilling off Alaska coast: U.S. Arctic envoy

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Screen Shot 2015-03-11 at 08.56.29By David Ljunggren

OTTAWA (Reuters) – Royal Dutch Shell will resume drilling off Alaska after suspending operations for two years in the wake of an accident, the special U.S. envoy to the Arctic said on Monday, but gave no details as to when.

Shell has been moving oil rigs to Alaska as it awaits the green light from U.S. authorities. It froze operations in 2013 after the grounding of a rig in Alaska prompted protests from environmental groups.

“Clearly Shell and others will resume drilling and exploration up off the North Slope of Alaska,” Admiral Robert Papp said in an interview during a visit to Canada.

Papp, noting the accident had happened in December 2012 after that year’s drilling season had ended, said the Anglo-Dutch oil major understood the importance of taking all the necessary precautions. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

CAN SHELL SAFELY DRILL IN THE ARCTIC?

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By: MICHEAL KAUFMAN
Published: Mar 30, 2015 at 10:40 am EST

Shell Oil Company, subsidiary of multinational oil giant Royal Dutch Shell Plc (ADR) (NYSE:RDS), is conducting drilling tests in Bellingham, Washington, ahead of potential regulatory approval for drilling in the Arctic.

According to media reports, government officials in Washington are observing Shell’s oil spill response system, which is to be deployed in the Arctic. The testing comes two years after the oil company’s previous venture ended abruptly in 2012, after it failed a deployment test because of damage to its emergency containment system. The failure led to heightened concerns over environmental safety. However, the system, which was deployed on a barge, has since been certified after repairs were carried out. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Third Successive Year of OSSL Pre-AGM Bombardment of Shell Underway

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By John Donovan

The third successive year of a pre-AGM email bombardment of Shell by its former “Mr Fixit” company in Ireland, OSSL, is fully underway.

Several emails are sent every day by OSSL, not just to top executives at Shell, such as Ben van Beurden  but to the Irish Justice Minister and Senior Irish Police Officers.

The subject is always the same.

The alcohol purchased by OSSL on behalf of Shell, which OSSL distributed to senior Irish police officers on behalf of Shell. Police officers who took delivery are named in the emails. They were also named in a taxation invoice sent to Shell by OSSL for some £30,000 worth of police alcohol.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

How Shell, BP, And Total SA, Can Profit From The Oil Price Crash

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By: MICHEAL KAUFMAN: Published: Mar 30, 2015 at 9:26 am EST

Despite largely unfavorable movement in crude oil price during the recent months, some of Europe’s biggest oil companies are finding support from trading desks as they face a prolonged slump, which has seen oil price hit six-year lows.

In the three years before the summer of 2014, crude oil price had been averaging over $100 per barrel. However, oil price have crashed 50% since then, owing to record-high US oil production levels, coupled with the Organization of Petroleum Exporting Countries’ reluctance to cut output. This led to a supply glut in global oil markets. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell cynically blocking action on climate change, says ex-diplomat

Screen Shot 2015-03-13 at 08.12.19From an article published by The Guardian on Monday 30 March 2015

Shell cynically blocking action on climate change, says ex-diplomat

Shell and its oil and gas peers are narcissistic, paranoid and psychopathic, and engaged in a cynical attempt to block action on global warming, according to the UK’s former climate change envoy. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Revolutionary Peterhead carbon capture and storage project spearheaded by Shell

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Screen Shot 2015-01-06 at 21.26.38From an article by Joshua King published on 30 March 2015 by the Aberdeen Press & Journal under the headline:

Plans for revolutionary Peterhead energy project revealed

Extracts

Plans for a pioneering clean energy project in the north-east have been formally tabled with Aberdeenshire Council in a major milestone for the multimillion-pound scheme.

The carbon capture and storage (CCS) development planned for Peterhead Power Station could bring hundreds of jobs to the Buchan town and would be the first of its kind in the world.

Spearheaded by giant Shell, it involves pumping tens of millions of tonnes of harmful CO2 back into depleted North Sea gas wells, 62 miles offshore. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell delays Australian drilling plans as crude oil prices dive

Screen Shot 2015-01-12 at 08.45.23From an article by Angela Macdonald-Smith published Monday 30 March 2015 in the Sydney Morning Herald:

Royal Dutch Shell delays WA drilling plans as crude oil price dives

Extracts

Royal Dutch Shell’s delay of the drilling of a $100 million-plus exploration well off Australia’s north-west coast is the latest example of modified plans in the wake of the plunge in crude oil prices, which sources say have driven some companies to renege on work commitments.

Shell’s Cronus-1 well was due to start drilling this quarter in the Browse Basin, targeting a large gas discovery, but the well has been put back until later in 2015. Wells by Japan’s Inpex Corporation and Santos planned off Western Australia’s coast have also been deferred recently, while several others have sought modifications to permit terms to allow them to cancel or delay work. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Arctic braced for oil rush as Shell eyes return to Alaska

Screen Shot 2015-03-02 at 19.49.45By Andrew Critchlow, Commodities Editor for publication in The SundayTelegraph 29 Mar 2015 under the headline:

Arctic braced for oil rush as Shell eyes return to Alaska

When the wreck of Royal Dutch Shell’s Kulluk drilling rig washed up on the coast of Alaska in 2012 following a storm at sea, many environmental campaigners hoped that the incident would draw a line under big oil’s quest to explore in the Arctic, the last remaining great frontier for fossil fuel reserves.

In rough seas, with waves as high as 18 feet and winds gusting at around 50 miles per hour, the drilling rig broke free from its towing rope and was cast adrift for four days in the northern Gulf of Alaska before washing ashore. It was carrying 560,000 litres of diesel fuel and drilling lubricant along with 18 crew. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

How one woman fought one of the world’s biggest oil companies — and won

Screen Shot 2015-03-24 at 18.08.03From an article by Jared Goyette published 27 March 2015 by Public Radio International under the headline:

How one woman fought one of the world’s biggest oil companies — and won

Officials in Beaver County, Pennsylvania, are currently mulling a proposal from Shell Oil to build a new chemical plant in their backyard. But before they make a decision, they might want to listen to some advice from a 71-year-old retired teacher who lives in another small town thousands of miles away.

“You should have input in what is going on,” warns Margie Richard of Norco, Louisiana.

Richard’s words of caution come from experience: She fought her own battle against a Shell chemical plant in her hometown — and won. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell moving rigs to north Alaska ahead of possible drilling permit

Screen Shot 2015-03-12 at 09.08.40Article by Carl Surran published 25 March 2015 by SeekingAlpha.com

Shell moving rigs to north Alaska ahead of possible drilling permit

  • Royal Dutch Shell (RDS.A, RDS.B) is moving oil rigs to Alaska in anticipation of the possible resumption of its Arctic drilling program two years after the grounding of a rig led to a huge uproar from environmental groups.
  • Also, Shell’s Arctic oil spill response system is undergoing drills in waters near Bellingham, Wash., with government officials observing the exercises; the drills were set to begin in earnest today and span several days, and are meant to put the equipment through its paces for regulators who will decide whether the company wins other critical government approvals.“
  • Bellingham, Wash. in March is not Barrow, Alaska in October,” Greenpeace retorts. “Even if these tests appear successful, they have almost no bearing on whether or not Shell can safely drill in the Arctic.”

SOURCE

RELATED ARTICLES

Shell conducts drills with Arctic oil spill response system

Alaska Dispatch

WASHINGTON — Shell’s Arctic oil spill response system is undergoing drills in waters near Bellingham, Washington, with government officials observing the exercises.

Shell Oil Co. is conducting the testing as it plans a new round of exploratory drilling in the Chukchi Sea north of Alaska later this year.

FULL ARTICLE

US industry group pushes for arctic lease changes

Washington, 27 March (Argus) — The US National Petroleum Council (NPC) is urging policy makers to rethink the leasing terms governing arctic oil and gas exploration. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Indispensable for a fair trial: an independent, impartial Judge

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Indispensable for a fair trial: an independent, impartial Judge

By John Donovan

Last weekend, The Sunday Times devoted almost an entire double-page spread and their main editorial to a series of court cases  involving The Sunday Times that raised questions about whether judges should declare their interests.

The Sunday Times was being sued for libel and malicious falsehood by Peter Cruddas in relation to allegations about a “cash- for-access” report involving the Conservative party. 

After a senior judge Mr Justice Tugendhat, had initially found in favour of Mr Cruddas on all counts in July 2013, The Sunday Times found out that the judge had close family links to the Conservative party. One of his sons, Tom, was being adopted as a Tory candidate.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Legal action hopes to make Shell port-less in Seattle

Screen Shot 2015-03-11 at 08.56.29Article by Kevin McGwin published 26 March 2015 by The Arctic Journal under the headline:

What the Shell is going on? Legal action hopes to make Shell port-less in Seattle

On March 22, The Guardian, a British media outlet popular among the left-of-centre, announced that Shell’s approval to resume its Alaska drilling programme this summer appeared imminent.

Nothing is certain, but the assumption is that Sally Jewell, the US interior secretary, will indeed affirm a recommendation by the Bureau of Ocean Energy Management, a regulator, that the 2008 sale of drilling licences to Shell and several other firms be permitted to stand.

The BOEM, which falls under Ms Jewell’s jurisdiction, had been ordered by a court last year to review the $2.6 billion sale of eight licence areas after conservation groups challenged the federal environmental impact assessment that cleared the way for the deal. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Corrib Gas still set to flow this year, says Shell spokesperson

Screen Shot 2015-03-26 at 16.37.36Shell E&P Ireland says it is still on schedule to have gas flowing from the Corrib Gas Field within the next six months.

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An 800 metre section of a water discharge pipe, which will carry treated surface water from the terminal at Bellanaboy in north Mayo 12 kilometres out to sea once the plant is opertional, had come loose from the seabed and was floating on the surface of Broadhaven Bay two weeks ago.

However, the problem has not had any impact on the target date to have gas flowing by the middle of this year.

A spokesperson for Shell E&P Ireland said the ducting has now been temporarily repositioned on the seabed and remediation work is ongoing to find a more permanent solution within the next few weeks. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
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