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Shell: ‘No plans’ to sell North Sea assets

Shell has told BBC Scotland it has no more plans to sell assets

Oil giant Shell will not sell off any more North Sea assets.

A senior figure at the company has told BBC Scotland he has no plans to sell resources despite the chancellor announcing measures to make the process easier.

Shell has just completed the sale of a package of assets to the company Chrysaor for $3.8bn.

It included stakes in the Buzzard, Beryl, Elgin-Franklin and Schiehallion fields.

Director of Shell’s Upstream Commercial business, Steve Phimister, said he would now invest in what remains. FULL ARTICLE read more

Dyson to make electric cars from 2020

Dyson, the engineering company best known for its vacuum cleaners and fans, plans to spend £2bn developing a “radical” electric car. The battery-powered vehicle is due to be launched in 2020. Dyson says 400 staff have been working on the secret project for the past two years at its headquarters in Malmesbury, Wiltshire.

However, the car does not yet exist, with no prototype built, and a factory site is yet to be chosen. Sir James declined to give further details of the project. “Competition for new technology in the automotive industry is fierce and we must do everything we can to keep the specifics of our vehicle confidential,” he told staff in an email. read more

Storm Harvey: Shell boss takes stock of disruption

Malcolm Brinded suffers fall out from OPL 245 scandal

By John Donovan

Former Royal Dutch Shell boss Malcolm Brinded has been replaced as a director of BBHP Billiton. His departure is a direct result of his key role in the OPL 245 corruption scandal and the consequential criminal prosecution underway in the Italian Courts. Brinded was involved in a string of scandals at Shell but thus far, has managed to escape retribution. 

A shake-up at the board of mining company BHP Billiton has been announced this morning. But it is the departures that are more interesting. The firm says that, “given his involvement in ongoing legal proceedings in Italy relating to his prior employment with Shell”, Malcolm Brinded has decided not to stand for re-election as a non-exec. FULL ARTICLE (RELATED: OPL 245: Shell email intercepts) read more

Alarming news today of potential fire and explosion on Shell North Sea platform

By John Donovan

History is repeating itself. Shell is in the news today over its  dangerous North Sea oil platform activities.

Nearly 20 years ago, Shell senior management ignored warnings by HSE Auditor Bill Campbell about the Touch Fuck All regime on the Brent Bravo platform and its potential impact on worker safety. Production and profits were the overriding consideration. Maintenance records were routinely falsified. Lives were put at risk.

Shell EP MD Malcolm Brinded promised to take action based on the scandalous state of affairs Mr Campbell’s team had discovered when he led the safety audit on the platform. The promises were not kept. As a result, platform workers subsequently lost their lives in what was judged by the Scottish legal authorities to be an avoidable accident on Brent Bravo. A record-breaking fine was imposed on Shell. read more

Shell News 17 July 2017

Shell to operate fast charging at selected Shell stations in the Netherlands and in the United Kingdom: Automotive World: 17 July 2017 read more

Shell News 15 July 2017

Scottish SPCA sells investments in oil company Shell: BBC News: 15 July 2017

Scotland’s largest animal welfare charity has announced that it has sold its investments in an oil company that tests products on animals. The Scottish SPCA move came after it faced public criticism for holding a £600,000 stake in Royal Dutch Shell. Shell has admitted experiments on animals including rabbits, rodents, birds and fish. READ MORE

Appeals court says third-party companies are liable for compensation in offshore Shell drilling unit collision: Louisiana Record: 15 July 2017

On June 21, the U.S. Court of Appeals for the Fifth Circuit affirmed a district court’s ruling that Integrity Fishers Inc. and Sea Eagle Fisheries Inc. are not responsible for compensating Tesla Offshore LLC and International Marine LLC, the parties found at fault in a collision that damaged a submerged mooring line attached to Shell Offshore’s Nautilus offshore drilling unit. READ MORE read more

Gas leak shuts Brent Charlie North Sea platform

NE Scotland, Orkney & Shetland: SAT 20 MAY 2017

The oil company Shell has said it shut down a platform in the North Sea after a gas leak.

The leak was detected on Friday on the Brent Charlie platform, 115 miles north-east of Shetland.

Production has been stopped and 31 non-essential personnel are being flown home as a precaution. Shell said the leak had been stopped and an investigation was under way.

The Brent Charlie had 176 people on board at the time.

A Shell spokeswoman said: “Following a gas detection alarm, production was shut down and the platform called to muster. The source of the leak has been safely detected and isolated, and a full investigation into the cause will be completed. read more

Fake news naming Shell as an animal testing company?


By John Donovan

The BBC has published an article claiming that Shell has admitted experiments on animals including rabbits, rodents, birds and fish.

According to the BBC Scotland article “The latest figures published on Shell’s website show the firm was involved with laboratory experiments on more than 100,000 animals in 2015. The Scottish Daily Mail says it was more than 400,000 animals – see above right

I wonder whether Shell, the BBC, The Herald and the Scottish Daily Mail are all the victims of another hoax, perhaps perpetrated by the Yes Men? read more

Son of Nigeria’s Ken Saro-Wiwa dies

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screen-shot-2016-10-19-at-10-26-1719 October 2016

The son of renowned Nigerian environmental activist Ken Saro-Wiwa, who was executed more than 20 years ago, has died in London.

Ken Saro-Wiwa Jr, 47, passed away after suffering a stroke, his family say.

He was a journalist who became a presidential adviser.

The 1995 execution of his father by a military government for leading protests against environmental degradation caused by the oil industry sparked global outrage.

Saro-Wiwa Sr led the Movement for the Survival of the Ogoni People (Mosop), which accused oil multinational Shell of destroying the environment in his home region of Ogoniland in south-eastern Nigeria. read more

Offshore workers strike talks end without agreement

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Unite and the RMT union are representing about 350 workers involved in a dispute over pay and conditions with oil services company Wood Group.

Some workers claim they are facing cuts of up to 30%. Wood Group denies this.

The Aberdeen-based firm provides maintenance and construction to Shell and signed a three-year extension to its contract earlier this year.

Unite said the unions offered to suspend industrial action if Wood Group removed the current proposal for changes to pay and conditions in full, to allow further talks. read more

Oil price drops to three-month low on oversupply fears

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25 July 2016

Oil prices have fallen to a three-month low, hit by rising concerns that a global oversupply of both crude and natural gas will dampen prices.

US oil fell 2.4% to $43.11 (£32.72) a barrel, its lowest level since April, meaning it has now fallen by 12% so far this month.

Brent crude dropped 2.1% to $44.75, its lowest level since 10 May.

Shares in oil and firms also lost ground, with Exxon Mobil shares down 1.8% and Chevron down 2.6%.

“Crude oil markets have been under pressure as oil supplies have started growing with the resumption of output from the capacity lost due to wildfires in the Canadian oil sands,” said EY energy analyst Sanjeev Gupta. read more

How do you hold a strike on a North Sea oil platform?

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Hundreds of RMT and Unite union members who work for Wood Group are set to stage the 24-hour industrial action on Tuesday in a dispute over pay.

It will be the first industrial action of its kind in the offshore oil and gas industry in almost 30 years.

But how do you actually conduct a strike on a North Sea oil platform?

Those union members involved on the seven Shell platforms will go to designated areas – but will respond should there be an emergency situation.

There will not be the traditional high-profile picket lines that people associate with strikes on land. read more

Offshore workers vote backs strike action

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13 July 2016

Members of two unions at oil and gas company Wood Group have voted in favour of going on strike.

Unite and the RMT have been in dispute with the firm over what the trade unions have described as a “swingeing” proposed pay cut.

Unite’s ballot had a turnout of 86.6% and 99.1% voted for strike action, while 98.5% of the RMT’s turnout of 67% also backed taking the same action.

Wood Group said it was “extremely disappointed” by the results.

It said it has addressed every significant concern and a resolution to the dispute would safeguard jobs. read more

Shell boss taking ‘a good look’ at North Sea assets

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Friday, 1 July 2016

Royal Dutch Shell’s chief executive has told the BBC he is taking “a good look” at the company’s North Sea assets, in the light of weak oil prices.

Ben van Beurden said that some older fields might be sold and others decommissioned.

He also said the company’s dividend payout was “safe and secure”, despite tough conditions for oil companies.

With an annual payout of $15bn (£11bn), Shell is the biggest payer of dividends among UK companies. read more

Dividends higher than pension deficits at FTSE firms

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By Simon Read: Personal finance reporter: 15 June 2016

Some 35 of the biggest UK firms with pension deficits pay more in dividends than their shortfalls, analysis shows.

Pension firm AJ Bell calculated that 54 FTSE 100 companies had paid out £48bn to shareholders a year in the past two years.

That’s almost equal to the total £52bn recorded deficit of their combined pension schemes in 2014.

“The plights of BHS and Tata Steel have brought this into focus,” said Russ Mould, investment director of AJ Bell. read more

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