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Posts under ‘Alaska’

US BOEM aims for revised Chukchi Sea analysis in spring

Extracts from a Platts article published 27 May 2014 The US Bureau of Ocean Energy Management told a US District Court in Alaska on Friday it will have a Draft Supplemental Environmental Impact Statement for the 2008 Chukchi Sea lease sale prepared by August and publication of a Final EIS by February. Under the schedule […]

BP claimants do not have to prove losses were related to 2010 disaster

Extracts from articles published by The Daily Mail newspaper on 21st & 22nd of May 2014 BP’s bill for its Gulf of Mexico oil spill could rise by billions, after it lost an appeal to halt compensation claims it believes are unjustified. A US court refused to overturn a decision that claimants do not have to […]

Oil Giants Set Their Sights on Arctic Waters

Extracts from a Wall Street Journal article by Chester Dawson published 18 May 2014 The U.S. Department of the Interior issued a withering report in March of 2013 that said Shell’s 2012 drilling program “raised serious questions regarding its ability to operate safely and responsibly in the challenging and unpredictable conditions offshore Alaska.” Shell suspended […]

Oil And Gas Giants Continue To Shrink In 2014

Extract from an article by Zoltan Ban published 14 May 2014 by Seeking Alpha Last year was not a good one for global oil and gas giants. Royal Dutch Shell reported a year-on-year decline of 10% in liquids production and an 8% decline in gas production (link). There are many reasons why these oil and gas […]

SHELL KINDLE PR DEBACLE IN GERMANY

Shell Germany had offered a free Kindle e-reader for 999 points to be earned when filling up. But also when buying a chocolate bar of € 1.29, this gave 100 points…. Buying 10 bars of chocolate and you had an e-reader. They ran out of Kindles after 3 hours!!!  Their website collapsed due to 40-fold […]

Ben van Beurden’s first four months as CEO of Royal Dutch Shell Plc

EXTRACT FROM REUTERS PRESS DIGEST – Wall Street Journal – April 28 In Ben van Beurden’s first four months as chief executive of Royal Dutch Shell Plc, the oil company has issued its first profit warning in a decade, halted major projects in Louisiana and Alaska, and moved to sell unprofitable U.S. shale properties. Shell […]

Alaskan Drilling: What could happen to Royal Dutch Shell in the USA

…nothing has been as drastic as the company’s change in attitude toward the process it helped set up in 2012 to settle hundreds of thousands of economic damage claims. In full-page newspaper ads, interviews and a gusher of court filings, BP officials have insisted that their good intentions are being hijacked by greedy lawyers and […]

John Browne, former chief executive at BP, becomes the face of fracking in Britain

Extracts from an article by Edward Robinson published Friday 25 April 2014 by The Washington Post “Shale gas could be very, very important for this country; it could be transformative,” says Browne, 66, who’s now chairman of Cuadrilla Resources, a British exploration firm that plans to frack the English countryside. “It’s like the opening of […]

Judge suspends Arctic drilling, orders new environmental report

Extracts from a Los Angeles Times article by Paresh Dave published 24 April 2014 In the ongoing battle over offshore drilling, a federal judge in Alaska told regulators Thursday to redo an environmental impact study that underestimated the amount of recoverable oil and, potentially, the risks to delicate Arctic habitat. The decision by U.S. District […]

Royal Dutch Shell’s failed Arctic campaign

Extract from an oilprice.com article by Nick Cunningham published 24 April 2014 under the headline: “Why Alaska Increasingly Resembles A Petro-State” In an attempt to arrest the decline in oil production, Alaska’s legislature, governor, and representatives in Congress have aggressively supported offshore oil drilling in the Chukchi and Beaufort seas, which hold an estimated 29 […]

Oil firms’ cost cuts may jeopardise worker safety – Norway watchdog

Shell oil rig Kulluk seen grounded off the coast of an Alaskan island. Extract from a Reuters article by Gwladys Fouche published 24 April 2014 OSLO, April 24 (Reuters) – Cost-cutting by oil companies could jeopardise the safety of workers in the future, Norway’s safety watchdog warned on Thursday. The regulator said it was concerned […]