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Posts under ‘Fracking’

Jury Awards Texas Family $2.9M For Fracking Nuisance

CLICK ON IMAGE TO ENLAGE Extract from an article by Jess Davis published 23 April 2014 by LAW360 under the headline: “Jury Awards Texas Family $2.9M For Fracking Nuisance Claim” Law360, Dallas (April 22, 2014, 5:25 PM ET) — A Texas jury on Tuesday awarded $2.925 million to a family who alleged they suffered health […]

Fracking earthquakes

Extract from an article by Carey Gillam published by Reuters, 5 April 2014, under the headline: Series of small earthquakes rock Oklahoma in record seismic activity (Reuters) – Earthquakes rattled residents in Oklahoma on Saturday, the latest in a series that have put the state on track for record quake activity this year, which some […]

US now pumping 10 percent of the world’s crude

Extracts from an article by Emily Pickrell published 26 March 2014 by fuelfix HOUSTON — Boosted by the galloping pace of tight oil operations, the United States produced a tenth of the world’s oil at the end of last year, the Energy Information Administration reports. The shale boom has given the U.S. a production rate […]

‘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. […]

The People vs Shell: Frack off

Extracts from an article by Staci Matlock published on 11 March 2014 by The New Mexican under the headline: “Land grant group joins Mora fight against oil drilling” The Mora Land Grant association has come down on the side of the Mora County Commission in a fight against the Royal Dutch Shell oil company and […]

Sasol ‘eyes Shell Karoo acreage’

Extracts from an article by Eoin O’Cinneide published by upstream online.com South African petrochemicals giant Sasol is eyeing some of Shell’s shale gas acreage in the country’s Karoo basin… ”We are really interested in what is going in the Shell block and would love to farm in or take a piece of it,” Reuters quoted Sasol chief […]

Shell/Exxon Mobil puts Ukraine gas prospect on hold

Extract from an article by Jim Landers published on 5 March 2014 by The Dallas Morning News Exxon Mobil and Royal Dutch Shell are heading a group selected in 2012 to explore for gas off Ukraine’s western Black Sea coast in an area called Skifska. Negotiations on a production-sharing agreement with the Ukrainian government were […]

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 […]

Natural Gas and Nagging Earthquake Fears

By Sara Murphy More evidence emerges from The Netherlands that natural gas extraction is contributing to increases in tremors around an Exxon Mobil/Shell joint venture. The Dutch government is cutting production from Western Europe’s biggest gas field, operated by an ExxonMobil (NYSE: XOM) / Royal Dutch Shell (NYSE: RDS-A) joint venture, by a quarter over […]

Shell EP: The lame being led by the blind

So the shock of not becoming number one was too big for Andy Brown. I wish him a speedy recovery and thereafter he should go spend quality time with his family and enjoy his earnings. Wetselaar is no doubt a brilliant finance man. But a finance man is really a failed banker, not good enough […]

Total dips a toe in UK shale but BP and Shell unlikely to follow

The French company trumpeted becoming the “first major to enter into shale gas licences in the UK”, calling it an “important milestone”. But its stance contrasts starkly to that of Shell, whose British chief financial officer Simon Henry said last year it had no desire to be “first in and be in the headlines every day […]

Fracking realities

BP and Shell are globally known, many would think, not for responsible management and regulation of the oil industry but rather for huge oil pollution in the USA and Africa… Thursday 19th December 2013 From (Prof) Andrew
Watterson Your illuminating report on the fracking map for Scotland (18 December) highlights a number of major issues. AMEC, […]

Marchers protest against fracking

More than 200 people marched almost 3km in strong winds to the Shell offices on Cape Town’s Foreshore yesterday to register their objections to fracking in South Africa. Shell’s Karoo fracking plans have sparked a battle between the government and farmers, as well as conservationists. By PAIGE SUTHERLAND: October 19 2013 at 02:51pm More than […]

Shell train wreck in sight?

TIME TO PUT ON THE HARD HATS? Overall, Shell’s strategy now seems to involve stopping capex and unloading assets in something resembling a fire sale – perhaps to cover the losses in the US, perhaps because it sees a need to fight off a hostile takeover, or perhaps because of the potential liabilities if it […]