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Posts under ‘BBC News’

Oil giant Shell fined over Brent Bravo leak

Oil giant Shell fined over Brent Bravo leak Oil giant Shell has been fined thousands of pounds after a diesel leak on board a North Sea platform. Between 13 and 15 tonnes spilled into the sea from the Brent Bravo, 116 miles north east of Lerwick, in May 2013. Senior management from Shell were at […]

UK fracking application rejected

An application to start fracking at a site on the Fylde coast in Lancashire has been rejected by councillors. Energy firm Cuadrilla wanted to extract shale gas at the Little Plumpton site between Preston and Blackpool. Lancashire County Council rejected the bid on the grounds of “unacceptable noise impact” and the “adverse urbanising effect on […]

Gearing up for the big lift in the North Sea

Extracts How do you go about removing a massive piece of infrastructure from a hostile environment like the North Sea? Oil giant Shell has come up with one answer which could be put to the test next year – using a mega-ship to remove the topside of an oil platform in a single lift. The […]

Offshore decommissioning ‘a new beginning for North Sea industry’

Offshore decommissioning ‘a new beginning for North Sea industry’ Brent Delta is among the most iconic platforms By Ken Banks: BBC Scotland North East reporter As a growing number of North Sea oil and gas fields head towards the end of their production lives, industry leaders are waking up to the challenges – and opportunities – […]

Climate change a serious security threat, warns Obama

President Obama has called climate change “a serious threat to global security” and heavily criticised climate change deniers. In his strongest remarks on the issue yet, Mr Obama said climate change would “impact every country on the planet”. The US president made his comments in a speech to students at the Coast Guard Academy in […]

Salym Shell development in Siberia

By Olga Ivshina, BBC News, Western Siberia, published 27 Nov 2014 under the headline: Russian oil industry facing deep freeze Without visiting a well in Western Siberia, you would never realise just how hard it is to extract oil in Russia. Two hours’ drive from the nearest village of Salym, the snow banks are huge and […]

Another nail in the coffin of tar sands

BBC NEWS: Obama vetoes Keystone oil pipeline bill: 24 Feb 2015 US President Barack Obama has vetoed a bill that would have approved construction of the Keystone XL oil pipeline. The Republican-led Congress sent the bill to the president on Tuesday. White House spokesman Josh Earnest said Obama vetoed the bill “without any drama or […]

Oil and gas industry in ‘bleak’ 2014, finds survey

FROM A BBC ARTICLE PUBLISHED 24 FEB 2015 Oil and gas industry in ‘bleak’ 2014, finds survey The UK offshore oil and gas industry has reported its worst annual performance for four decades. Industry body Oil & Gas UK said falling oil prices and rising costs meant the sector spent and invested £5.3bn more than […]

Shell’s Arctic Dilemma

CONTRIBUTOR COMMENT In the context of BvB’s comments about the Arctic, it is perhaps worth noting that in the absence of an intention to pursue their Arctic prospects, Shell would be obliged to write off/write down their past expenditure… And that would have resulted in a very miserable result for 2014. The problem has at least been […]

Shell resumes Arctic drilling but cuts $15bn from global investment

Royal Dutch Shell is reviving plans to drill for oil in Arctic in a move likely to intensify its battle with environmentalists. The Anglo-Dutch giant’s chief executive Ben van Beurden accepted that Arctic drilling “divides society”, but said the world needs new sources of oil. Greenpeace said Shell was taking a “massive risk” in a […]

BP boss Bob Dudley: Oil prices ‘low for up to 3 years’

BBC News Article Published 21 Jan 2015 The boss of oil giant BP Bob Dudley has said that oil prices could remain low for up to three years. He added that could send UK petrol prices below £1 per litre. He told BBC Business editor Kamal Ahmed in Davos BP was planning for low oil […]

Oil crashes below $50 – Big Oil loses $200 billion

The meltdown in oil prices has wiped out more than $200 billion in market valuation among the 10 largest oil and natural gas companies in the S&P 500. To combat depressed prices, oil companies are hitting the brakes on spending and laying off workers. Investors are saying “enough.” They are dumping their energy stocks as the outlook […]

BP loses latest US oil spill appeal

The Supreme Court’s rejection of this appeal by BP is the latest in a series of setbacks for the oil firm. BP is trying to limit payments over the environmental disaster, which claimed the lives of 11 people and became the largest US offshore oil spill in history. The settlement agreement has no cap… BBC […]

Authorities likely to wave through a Shell BP merger

EXTRACTS FROM A FORBES.COM ARTICLE BY TIM WORSTALL PUBLISHED 6 DECEMBER 2014 If Royal Dutch Shell Buys BP Should The Authorities Ban The Purchase? There’s interesting (and fun!) rumors floating around the London market that Royal Dutch Shell might attempt to purchase BP. These sorts of mergers (or takeovers) aren’t unusual in a commodity business […]

OPEC IN DISARRAY AS OIL PRICE TUMBLES

Major Opec nations, Russia and US shale oil drillers now appear on the brink of a price war as these three giant producing blocs fight for a greater share of global demand. (Potentially disastrous news for Big Oil – ExxonMobil, Shell, BP, Chevron and Total) The Telegraph: World on brink of oil price war as Opec […]

Royal Dutch Shell News 23 Sept 2014

By John Donovan Nigeria FROM THE DAILY MAIL Shell has overhauled its security procedures in Nigeria to prevent oil theft that is costing it hundreds of millions of pounds. The Anglo-Dutch oil giant said it had stopped paying private security contractors to monitor its pipelines and oil facilities.  Carbon Pricing Forbes.com has published an article […]

Royal Dutch Shell sees ‘robust’ profits rise

BBC News article published 31 July 2014 Oil giant Royal Dutch Shell has described its performance as “robust” after its second-quarter profits more than doubled. Shell said profits for the period rose to $5.15bn (£3bn) from $2.39bn a year earlier. Stripping out the impact of one-off charges, underlying profits were still 33% higher at $6.13bn. […]

Fracking earthquakes

Extracts from a BBC News article by Matt McGrath published 3 July 2014 under the headline: Wastewater from energy extraction ‘trigger US quake surge’ Massive injections of wastewater from the oil and gas industry are likely to have triggered a sharp rise in earthquakes in the state of Oklahoma. Researchers say there has been a […]

Greenpeace Arctic Sunrise: Russia ‘frees protest ship’

Extract from a BBC News article published 6 June 2014 Russian authorities have released the Greenpeace ship seized after a protest against oil drilling in the Arctic last year, the environmental group says. The Arctic Sunrise, which had been held in the port of Murmansk, is back in the hands of campaigners, Greenpeace said. FULL […]

Explosions and fire at Dutch Shell plant

Extracts from a BBC News report 3 June 2014 – last updated 23.29 A large fire has broken out at a Shell chemical plant in the Netherlands following a series of explosions, reports say. Television footage showed flames and smoke pouring from the plant in Moerdijk, south of Rotterdam. It is not known if there […]

Shell issued with improvement notice after Nelson platform incident

BBC News report published 29 May 2014 Oil firm Shell has been issued with an improvement notice after an incident on a North Sea platform led to a partial downmanning of workers. It happened on the Nelson installation in March. The Health and Safety Executive (HSE) said Shell failed to ensure that a flexible hose […]

Shell, the Brunei Royal Family and Sharia Law

His Majesty the Sultan of Brunei meeting Malcolm (TFA) Brinded, Shell’s then Executive Director, Upstream International By John Donovan There may be some relief by Muslim employees of Shell Brunei at the news that “Brunei has postponed the introduction of tough Islamic criminal punishments that were due to begin on Tuesday.” Fortunately for Shell, the […]

‘Orphan’ oil wells warning for fracking

By James Morgan Science reporter, BBC News 24 March 2014 Plans to expand shale gas “fracking” in the UK must learn from leaks and poor monitoring at existing onshore oil and gas sites, scientists say. A review of 2,152 wells drilled from 1902-2013 found up to 100 “orphaned” wells for which no firm is responsible. […]

Ex Shell chief economist Vince Cable says ‘no-one needs to earn £1m a year’

Extracts from a BBC News article published 15 March 2014 under the headline: Vince Cable says ‘no-one needs to earn £1m a year’ Business Secretary Vince Cable has said he does not understand why people need to earn £1m per year. “I’ve asked one or two of the more sympathetic bankers to explain it to […]

Royal Dutch Shell profits hit during ‘challenging’ 2013

Article published by BBC News 13 March 2014 Royal Dutch Shell had a “challenging year” in 2013 in part due to a deteriorating security situation in Nigeria, the company said. Profits from refining operations were hit in Asia and Europe by an oversupply of global capacity and lower demand, the company said. Annual profits at […]

The Scottish play

Extracts from an article by Stephen Wilmot published on 12 March 2014 by investors CHRONICLE Royal Dutch Shell (RDSA) became the latest corporate giant to weigh into the Scottish referendum debate last week. “We’d like to see Scotland remain part of the United Kingdom,” said chief executive Ben van Beurden at the company’s annual reception […]

Scottish independence: Shell boss wants Scotland to ‘remain in UK’

Extract from an article published on 5 March 2014 by BBC News The chief executive of the oil company Shell has said he would like Scotland to “remain part of the UK”. Addressing the company’s annual reception in London on Wednesday, Ben van Beurden said he valued the “continuity and stability” of the UK. Last […]

Shell in $2.6bn Australia asset sale

Extract from BBC News article published 21 Feb 2014 Oil giant Royal Dutch Shell has agreed to sell its Australian downstream business to oil trading firm Vitol for $2.6bn (£1.6bn). The sale includes Shell’s refinery in Geelong, 870 service stations, its bulk fuels and chemicals unit and part of its lubricants business. Recent disinvestments by […]

Should have bought his fuel somewhere else?

PHOTO AND CAPTION COURTESY OF THE BBC: Ferrari driver Fernando Alonso stands next to the new F14T car after it stopped during Formula 1 Testing at the Ciruito de Jerez, Spain Like this:Like Loading…

MPs in Aberdeen to hear helicopter safety evidence

27 January 2014 MPs from the House of Commons transport select committee are visiting Aberdeen to take evidence on helicopter safety. The inquiry was set up after last year’s Super Puma crash off Shetland which killed four people. Since 2009, five serious incidents involving Super Puma helicopters offshore have seen 20 people lose their lives. […]

When expats return home, what’s next?

Shell keeps its expats connected with “global skill pool managers” to help them find their next job. For instance, the skill pool manager for drilling engineers would provide information about the supply and demand outlook for such jobs. BBC Worldwide by Ronald Alsop: 16 January 2014 Returning expats face unforeseen challenges, such as frustration. (Thinkstock) […]

St Fergus gas terminal improvements by Shell after HSE warning

Oil firm Shell has made safety changes after being warned that not all measures had been taken to prevent a major accident at the St Fergus gas terminal in Aberdeenshire. 19 December 2013 Oil firm Shell has made safety changes after being warned that not all measures had been taken to prevent a major accident […]

Greenpeace Arctic 30: A shift in focus for campaigners

By Jasmine Coleman BBC News: 20 November 2013 Greenpeace set out to protest about oil companies drilling in the Arctic Ocean, but now finds itself fighting to free a group of 30 from a Russian jail. What effect is the case having on the group’s environmental aims? “The primary focus is getting the Arctic 30 […]

Royal Dutch Shell and G4S

By John Donovan Earlier this month we published an article revealing that the toubled security firm G4S had signed a five-year deal with Shell. BBC news is now reporting that the government has handed information on security firm Serco to the Serious Fraud Office (SFO) following recent disclosures on overcharging. Two months ago, the Ministry of […]

Russia accuses Greenpeace crew of ‘piracy’ in Arctic

The campaigners were detained on Thursday along with their ship after two Greenpeace activists tried to climb onto a Gazprom offshore platform, in a protest against oil drilling in the Arctic. The ship was raided by armed Russian men in balaclavas who abseiled down from helicopters. The ship was seized in the Pechora Sea, near […]

Review into North Sea offshore helicopter operations announced by CAA

The operations of helicopters in the North Sea are to be reviewed in the wake of recent accidents, the Civil Aviation Authority has announced. The operations of helicopters in the North Sea are to be reviewed in the wake of recent accidents, the Civil Aviation Authority has announced. The regulator said it would work with […]

Giant polar bear leads Greenpeace march through London

Up to 3,000 people have marched through London alongside a giant polar bear for Greenpeace’s Save The Arctic campaign. London was one of 70 cities worldwide holding a day of action. Aurora the polar bear carries the names of more than three million supporters 15 September 2013 Up to 3,000 people have marched through London […]

Piper Alpha: Fire In The Night

On the 25th anniversary of one of the world’s worst offshore oil disasters, this documentary chronicles the tragic events that occurred on the Piper Alpha rig on the 6th of July 1988.  It was a cataclysm that killed 167 men and left only 61 survivors, each of whom had to fight for their lives to […]

Shell probe into North Sea oil platform crane damage

An investigation has been launched after a crane was damaged on a North Sea Shell platform, BBC Scotland has learned. The Brent Charlie platform crane, and some of its support structures, were damaged on Sunday. Shell said no-one was injured, and production from the platform had not been affected. A spokesperson said: “The crane and […]

Piper Alpha: Aberdeen offshore conference teaching disaster lessons

By Kevin Keane BBC Scotland reporter: 18 June 2013 A three-day conference to encourage people working offshore to think about the lessons of the Piper Alpha disaster is being held in Aberdeen. A total of 167 men died in the tragedy on 6 July 1988 when explosions and a fireball ripped through the rig. (Related […]