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Posts under ‘Canada’

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, […]

Ride to lower costs for LNG-run trucks rockier than expected

Extracts from a Reuters article by JULIE GORDON published Wed 9 April 2014 While the lack of fueling infrastructure remains the largest hurdle, other operational teething pains are now tempering some of the growth in LNG use that was expected to further reduce oil demand in North America, as well as carbon emissions, according to […]

Shell’s LNG fuel retreat

Extract from an article published by LNG Industry on 2 April 2014 under the headline: Lessons from Shell’s LNG fuel retreat On 26th March, just after Shell cancelled the 300 000 tpa Jumping Pound, Alberta, project, the company announced it would also abandon its two remaining 250 000 gall. /d LNG projects in Louisiana, and […]

Major oilsands project put on hold by Shell

JOURNAL of COMMERCE Article by Richard Gilbert: 19 Feb 2014 Royal Dutch Shell has asked federal regulators to halt the environmental assessment for a proposed mine in northeastern Alberta, as part of a plan to re-evaluate the timing of developments. The proposed PRM project involves the construction of an oilsands surface mine and bitumen extraction […]

Shell halts work on Pierre River oil sands mine in northern Alberta

Jeff Lewis | February 12, 2014 5:18 PM ET CALGARY – Royal Dutch Shell PLC told regulators it is halting work on its Pierre River mine in northern Alberta’s oil sands and that it has no idea when it may revive the blueprints. The Hague-based company this year cancelled plans to drill in Alaska’s Arctic and […]

Royal Dutch Shell completely whiffed in the U.S. and North America

Oil prices in the United States hover near $100 per barrel and overall domestic production of oil and natural gas is soaring. With all this in mind, you’d assume the environment would be ripe for Big Oil to produce gushing profits. Royal Dutch Shell completely whiffed in the U.S. and North America. Its Americas segment […]

Links to a selection of recent articles relating to Royal Dutch Shell

Links to a selection of recent articles relating to Royal Dutch Shell kindly supplied by a regular contributor Benchmark in Jeopardy: Oil & Gas Journal-Jan 27, 2014: … by increasing the volatility of an important crude oil price marker. … unveiled investigations into suspicions that representatives of Shell, BP, … Price-rigging probes jammed by oil industry bid to protect its secrets: Environment & Energy Publishing-Jan 17, 2014: Shell and […]

Shell’s lavish spending on quixotic drilling adventures

Shell’s quest for new reserves has seen it pump billions into money-devouring plays such as its Athabasca Oil Sands Project in northern Alberta and the Kashagan oilfield, a deeply troubled project in Kazakhstan. It’s even tried deep water drilling in the high Arctic. That attempt ended when the stormy waters of the Chukchi Sea crippled […]

Selection of article links relating to Royal Dutch Shell 17 Jan 2014

Selection of article links relating to Royal Dutch Shell kindly provided by a regular contributor How Royal Dutch Shell Will Soon Become a Major Player in Natural … DailyFinance-2013 was a difficult year for integrated major Royal Dutch Shell due to … disruptions in Nigeria, one of its major oil-producting geographies. Federal Reserve: Deepwater Horizon Oil Spill Is What Scares Us …: Huffington Post-Jan 14, 2014: That expansion, plus […]

Is our federal government too close to Big Oil?

Environment Canada’s recent approval of the Jackpine oilsands mine expansion appears to prove, once and for all, that the current federal government works for corporations, not for the benefit of this country. By Amelia Meister: 18 December 2013 Environment Canada’s recent approval of the Jackpine oilsands mine expansion appears to prove, once and for all, […]

Federal government questioned over leaking tailings ponds in Alberta

The secretariat asked Canadian environment officials to explain documented cases of contaminated tailings water being discharged into Jackpine Creek, Beaver Creek, McLean Creek and the Athabasca River, and noted that Environment Canada expressed concern that tailings ponds would be discharged into fish-bearing waters during an assessment of Shell Canada’s Jackpine project. As part of that […]

Four Remarkable Revelations About Big Oil in 2013

Perhaps the most surprising disclosure of them all came earlier this month, when Shell made its rift with the global coal industry public, admitting to an Australian newspaper that its lobbying efforts may have influenced the World Bank’s decision in July to restrict financing of new coal power stations, except in “rare circumstances.” Recent disclosures […]

Shell plans spark calls for federal environmental review

Environmentalists are calling for a federal environmental assessment of a billion-dollar oil exploration project in Nova Scotia on top of the provincial one. Environmentalists worry about the risk of a disaster that could threaten marine life such as whales, swordfish and tuna. Shell Canada proposing major offshore N.S. exploration of 7 oil wells beginning in […]

The Rush for the Arctic’s Riches

The severe challenges of operating in the Arctic have already proved daunting for Shell, which has spent $4.5 billion to exploit reserves off Alaska but has yet to drill a single producing well. In the summer of 2012, during Royal Dutch Shell’s first attempt to probe its Arctic deposits, shifting winds and floating ice halted […]