Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Alaska’

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 […]

China a sink hole for Royal Dutch Shell

There are so many things wrong in China and RDS has no idea of what is going on. Investors be aware that it is a sink hole with no financial bottom and the “good ole boy” politics are in play in China. Posting on Shell Blog by “Tyler” on 2014/04/05 at 04:04 Let’s talk China. […]

Shell Oil Boss Marvin Odum Should Resign after Alaskan Debacle

Now we have further confirmation that Shell was trying to dodge a multimillion tax bill. This time confirmation comes from the findings of an investigation by the Coast Guard division of US Homeland Security. There are going to be more Royal Dutch Shell executives looking for alternative employment… And Marvin Odum, Shell’s boss in the […]

Shell seeks urgency on Alaskan litigation

Extracts from an article by Alan Bailey of Petroleum News published week of April 06, 2014 under the headline: Shell seeks urgency: Asks court to accept BSEE proposal in Chukchi Sea lease sale appeal case In an April 2 filing submitted to the federal District Court in Alaska Shell said that it opposes any delay in resolving […]

Shell ignored safety warnings ‘partly to avoid tax’, says US Coast Guard

Terry Macalister theguardian.com, Friday 4 April 2014 14.54 BST Damning allegations are made in the report into how Shell came to allow the Kulluk to run aground in December 2012. Photograph: PA3 Jon Klingenberg/AP Shell has been accused by the US Coast Guard of ignoring safety warnings and moving one of its drill ships in […]

Shell Rushed Rig to Arctic Sea to Avoid Alaska Tax: U.S.

Article by Jim Snyder published Apr 4, 2014 5:00 AM GMT+0100 by Bloomberg News A desire to avoid millions of dollars in Alaska state taxes played a role in Royal Dutch Shell Plc (RDSA)’s decision to move a drilling rig, which later broke free from a tow boat and ran aground on an uninhabited island […]

Shell was underprepared for ill-fated tow across Gulf of Alaska

Extracts from an article by Suzanna Caldwell published April 3, 2014 by AlaskaDispatch under the headline: Coast Guard report shows Shell was underprepared for ill-fated tow across Gulf of Alaska A Coast Guard report released Thursday shows that while a series of events ultimately led to the grounding of a drilling rig designed to drill […]

Poor Management and Tax Dodging Led to Kulluk Grounding

Article by RACHEL D’ORO Associated Press published 4 April 2014 by ABC NEWS under the headline: “Report: Poor Management Led to Shell Grounding” A Coast Guard report says poor risk assessment and management were factors that led to the grounding of a Shell oil drilling rig in the Gulf of Alaska in 2012. The report […]

Royal Dutch Shell Chairman Jorma Ollila failed to disclose ownership of Luxembourg company worth €8.2 million

“It will be interesting to see what happens next. If Ollila (right) did not disclose his Luxembourg interests to the authorities, this was presumably because he did not declare them for tax purposes either. So when others within the companies that he leads commit breaches of inconvenient laws, they can presumably use the justification that […]

Shell’s disastrous tax dodge

Photo Courtesy Mark Meyer / Greenpeace Extracts from an article by Jim Paulin, Dutch Harbor Fisherman, published 23 March 2014 by AlaskaDispatch under the headline: Southwest Alaska municipalities want bigger share of oil royalties  Impacts are already being felt from the arrival of Royal Dutch Shell in Alaska. The arctic-class oil rig Kulluk grounded in […]

Exxon Valdez oil spill, 25 years later, offers lessons

Extracts from an article published 22 March 2014 by USA Today (USA TODAY) – Twenty-five years ago Monday, the oil tanker Exxon Valdez struck Bligh Reef in Alaska, causing what was then the largest U.S. oil spill in history. Its accident is refocusing questions about the risks of new Arctic oil drilling efforts by several […]

Nothing but ill-fortune for Shell off the shores of Alaska

Extracts from an article by Reuben Brewer published on 21 March 2014 by The Motley Fool under the headline: BP Wins One and Loses One in the Gulf Royal Dutch Shell has found nothing but ill-fortune off the shores of Alaska. Shell’s most public problem was the 2013 grounding of the Kulluk drill ship. However, that […]

What should frighten stiff Royal Dutch Shell shareholders

By John Donovan Any Shell shareholders diligent enough to wade through all the small print in the recently released Shell Strategic Report have grounds to shudder at the confirmation buried on page 8 that Royal Dutch Shell PLC mainly self insures its risk exposures. This information should be prominently displayed in large red text, flashing […]

Seplat Sees No Oil Theft in Nigeria, Where Shell Lost $1 Billion

Extracts from a Bloomberg article by Eduard Gismatullin published on 14 March 2014 Seplat Petroleum Development Co., the Nigerian oil producer raising $500 million from investors, said it had “absolutely no” theft in Nigeria, where Royal Dutch Shell Plc lost almost $1 billion due to sabotage in 2013. Seplat in July 2010 bought three licenses […]