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Posts under ‘Alaska’

Shell’s bad missteps all but killed off US Arctic oil program

Extracts from an article by Nick Cunningham published Sunday 20 April 2014 by oilprice.com under the headline:”Russia’s Arctic Prize Won’t Be As Big As Many Think” While Royal Dutch Shell’s bad missteps have all but killed off the Arctic oil program in the United States, Russia is moving ahead, and Putin clearly believes that the […]

Royal Dutch Shell bets on LNG, on an epic scale

By John Donovan The comments below are from a Motley Fool article that draws attention to the fact that Shell’s Prelude FLNG project represents a bet “on an epic scale.”  The author is right. The project is an uninsured, uninsurable risk, which like Shell’s Alaskan ambitions, could potentially destroy Shell.  As to the likelihood of […]

Financial calamity could engulf Shell in event of a Prelude FLNG or Arctic Disaster

To the best of my knowledge, both Shell projects are fraught with danger, are pushing the bounds of technology, have attracted risk warnings from experts and are self-insured by Shell because no commercial contingency insurance specialists are willing to provide cover.  By John Donovan An article published today by Reuters gives some idea of the […]

More on Shell’s Shenanigans in Alaska

Extract from an article by Haley McKey, www.defendersblog.org published 17 April 2015 by Epoch Times under the headline: “Big Oil, Bad Decisions: Coast Guard Report Sheds More Light on Shell’s Shenanigans in Alaska” …this report shows what we have known for a long, long time: that the fundamental problem isn’t faulty equipment or technical issues. […]

Greenpeace campaigners considering protest at new Sevenoaks Waitrose

Extract from an article by Alex Drury published 14 April 2014 by Sevenoaks Chronicle Sara Ayech, the pressure group’s Arctic campaign spokesman told the Chronicle: “In 2012 Waitrose put a halt to plans to build stores on Shell forecourts. By partnering with Shell, Waitrose is endorsing Shell’s destructive quest for Arctic oil.” FULL ARTICLE

Kulluk Grounding: Miracle no injuries or loss of life

Article by Tim Bradner published 11 April 2014 by the Alaska Journal of Commerce under the headline: Coast Guard: Tug engine failure blamed on water in fuel It is a mariner’s worst nightmare: At sea, in a bad storm, pulling a heavy load and working to keep control in a dicey situation. Then, all the […]

Obama Administration Asks to Revise Environmental Impact Statement for 2008 Chukchi Lease Sale

Extract from an article by Carolyn Davis published 10 April 2014 by NaturalGasIntel.com The Obama administration, joined by Royal Dutch Shell plc, has asked an Alaska district court to allow the U.S. Department of Interior to revise an environmental impact statement (EIS) used to support the Chukchi Sea lease sale in 2008. The U.S. Court […]

Political tussle over swearing-in of oil executives unfolds on Senate floor

Extracts from an article by RICHARD MAUER published 9 April 2014 by Anchorage Daily News JUNEAU — A request by a Democratic senator that a Republican committee chairwoman require oil industry officials to be sworn before testifying Wednesday about the effects of last year’s tax cut erupted into a sharp personal battle between the two. […]

Under oath admission of tax dodging in Alaska by Shell executive

Extracts from an article published by Sit News on 9 April 2014 under the headline: ‘Under Oath’ Request Unprecedented (SitNews – Ketchikan, Alaska) – Yesterday Senator Hollis French (D-Anchorage) sent a letter to Resources Chair Senator Cathy Giessel requesting that she use her statutory authority to swear in the oil industry witnesses who were scheduled […]

Shell remains committed to Alaskan arctic

Extracts from an article by Daniel J. Graeber published 9 April 2014 by UPI HOUSTON, April 9 (UPI) — The arctic waters off the Alaskan coast may be one of the more promising reserve basins in the nation, but exploration will have to wait, Shell said Wednesday. Ann Pickard, executive vice president for Shell’s arctic […]

Shell’s UK corporation tax bill tumbles

Extracts from an article by ROB DAVIES published 9 April 2014 by This is Money.co.uk under the headline: “Shell’s UK corporation tax bill tumbles by nearly 90 per cent as company invests more in North Sea and production declines” Shell’s UK corporation tax bill tumbled by nearly 90 per cent to just £55.5m last year, […]

Shell risked offshore workers lives to dodge Alaskan tax bill

Despite all promises to the contrary, Shell is still putting monetary considerations before safety. Just read some of the recent articles about Shell’s reckless conduct in offshore Alaska. It put the lives of offshore workers and the environment at risk to avoid a potential multimillion dollar tax bill. Personally, I do not believe enough attention […]

Interior Dept. Preps for Arctic Oil Spills

Extracts from an article by Alan Neuhauser published 8 April 2014 by USNews & World Report They’re preparing for the worst. Interior Department officials recently put out a call for “new and innovative mechanical technologies” to help clean up oil spills in the Arctic. Yet even as ice around the Arctic has melted amid rising global temperatures, […]

Kulluk report inspires no confidence for Arctic operations

Extracts from an editorial published on 5 April 2014 by The Anchorage Daily News under the headline: “Our View: Kulluk report inspires no confidence for Arctic operations” The United States Coast Guard didn’t mince words in its report of the grounding of Shell’s drilling rig, the Kulluk, in December 2012. The Coast Guard found Shell […]