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Posts under ‘Gas’

Steve Phimister, mastermind behind Shell’s takeover of BG Group?

By John Donovan

Yesterday, the sub-headline in a PR article about Steve Phimister published by EnergyVoice.com proclaimed: “The mastermind behind Royal Dutch Shell’s £36billion takeover of BG Group has been appointed to the board of industry trade association Oil and Gas UK”.

I wondered if the very impressive claim, perhaps made in the heat of excitement about his latest appointment, might upset his boss, Shell CEO Ben van Beurden, who might believe that he masterminded the deal, not Phimister. Lo and behold the claim vanished overnight from the online article without explanation.

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Selection of current Shell new articles

Nigeria Seizes Foreign Vessel for Alleged Theft of Shell Crude: Bloomberg: 27 April 2017

Nigeria detained a vessel with crew members from countries including Pakistan, Indonesia and Ukraine for alleged theft of crude from a facility owned by Royal Dutch Shell Plc, the navy said.

Bar, business groups back Cravath on fighting disclosure of Shell documents: Reuters 27 April 2017

The New York City Bar Association has joined the U.S. Chamber of Commerce in backing law firm Cravath Swaine & Moore in its appeal of an order to turn over documents belonging to client Royal Dutch Shell plc in a possible overseas lawsuit accusing the oil giant of facilitating human rights violations.

Shell Signs Oil Exploration Cooperation Deal In Oman: OilPrice.com: 26 April 2017

Royal Dutch Shell and Oman Oil Company Exploration & Production (OOCEP) have signed a Heads of Agreement for cooperation in resource exploration in an oil and gas block in Oman, the Omani company said on Twitter on Wednesday.

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Court orders Shell-Exxon criminal probe over Dutch gas quakes

Can Shell CEO Ben van Beurden Survive OPL 245?

Amazing that after that experience, his reaction was to opt for the same cover-up culture/mentality of Shell senior management which led to Watts being escorted from Shell Centre in London by security staff.

By John Donovan

Ben van Beurden had no involvement in the $1.3bn OPL 245 corruption scandal until after he became Chief Executive Officer of Royal Dutch Shell Plc. He was not involved in the shady negotiations or the eventual deal.

Based on what he said in the surreptitiously recorded telephone conversation with his then-subordinate Simon Henry, the then Chief Executive of the company, he is, however, guilty of cover-up tactics and gross hypocrisy.

The intercepted call took place on the day that Shell’s Netherlands HQ was raided. The police spent hours searching his office and removed a folder of documents.

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OPL 245: Shell admits it knew payments would go to convicted money launderer


SHELL U-TURN

Yesterday Global Witness and Finance Uncovered exposed leaked emails that revealed Shell knowingly participated in a vast bribery scheme for one of Africa’s most valuable oil blocks, which deprived Nigeria and its people of $1.1billion.

Global Witness’ investigations into the case have exposed how Shell’s most senior decision-makers knew that the money they paid for oil block OPL 245 would go to convicted money launderer and ex-Nigerian oil minister Dan Etete, via his Malabu company – rather than to benefit the Nigerian people. For six years, Shell has consistently denied any wrong-doing, saying it only paid the Nigerian government.

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Shell News Update Thursday 6 April 2017

Shell Plans to Tap Gas Hunger in Emerging Energy Demand Center: BLOOMBERG NEWS

Royal Dutch Shell Plc plans to boost its gas marketing business in India and may expand its import capacity for the fuel as it seeks to tap the country’s demand-growth potential.

LNG producers turn to trading, risk taking to maintain market share: REUTERS

* Large volume, long-term contracts now “more difficult” -Shell

* Woodside, Shell see big opportunity in small-scale LNG

Shell News Wednesday 5 April 2017

SHELL NEWS UPDATE TUESDAY 4 APRIL 2017

Shell Confirms More Than 200 Workers to be Cut from Norwegian Operations: RIGZONE

Royal Dutch Shell plc has confirmed that more than 200 workers will be cut from its Norwegian operations.

Petronas May Consider Shell Site for Canadian LNG Project: BLOOMBERG

Malaysia’s Petroliam Nasional Bhd may be looking at building a $27 billion liquefied natural gas export terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc energy project, according to the company’s chief executive officer.

Despite cuts to jobs, spending, oil giants fail to cover costs: AUSTRALIAN BUSINESS REVIEW

The world’s biggest oil companies are struggling just to break even. Despite billions of dollars in spending cuts and a modest oil price rebound, ExxonMobil, Royal Dutch Shell, Chevron and BP didn’t make enough money last year to cover costs, according to a Wall Street Journal analysis.

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Shell News Monday 3 April 2017

Shell withdraws from Kakinada gas project: Business Standard

European oil and gas company Royal Dutch Shell has decided to discontinue its earlier proposal for a floating liquefied natural gas (LNG) import terminal off the Kakinada coast in Andhra Pradesh. The company said ample research had showed lack of adequate demand for liquid gas. “We have put a pause on that project. We worked closely with our partners and engineers and took it to the point where our engineering work was done and we were ready to go. We looked around (but) there was not enough demand. We cannot just spend hundreds of millions and do nothing.

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Shell News Stories Monday 27 March 2017

‘Biggest Oil Discovery In UK Waters This Century’: ClimateChangeDispatch

Hurricane Energy has made a further oil discovery west of the Shetland Islands days after Royal Dutch Shell and BP won exploration licences in an area the UK is counting on to breathe new life into its struggling oil and gas industry.

Shell and Anadarko mull clean break from Permian venture -executive: Reuters

LONDON/HOUSTON, March 27 (Reuters) – Royal Dutch Shell Plc and Anadarko Petroleum Corp may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive.

Why Are Shell And Toyota Backing Hydrogen Fuel Cell Vehicles?: OilPrice.com

Royal Dutch Shell sees that facing a lower-carbon transport future will need a “mosaic of fuels and engines,” but the energy conglomerate is leaning toward hydrogen as the alternative fuel of choice.

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Shell Upstream Director Admits Culture of Fear Among Shell Employees

By John Donovan

Shell Upstream director Rich Denny has tacitly acknowledged a culture of fear among Shell employees at the Nyhamna gas plant in Norway. He claims that although it is not the dominant culture, he cannot dismiss that some Shell employees apparently do feel afraid to speak up.

The admissions were contained in another message from Rich Denny published on the Shell web which is Shell’s response to the report commissioned and published by the SAFE Union. The comments from Mr Denny can only be construed as a comprehensive attack on the integrity, content and findings of the SAFE report.

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SHOW TRIAL OF A SHELL NORWAY SAFETY REP

The current hardline regime at the Nyhamna gas plant seems determined to intimidate its employees. 150 of them were ordered to attend for this purpose so that they could witness the entire cringe-making spectacle.

By John Donovan

I briefly mentioned in an earlier article an unusual meeting held in a canteen located within the Shell Nyhamna Gas Plant in Norway. 

It seems to have been some kind of show trial with evidence only being presented by the prosecutors – belligerent senior Shell managers who had already reached a guillotine verdict on the accused party, Runar Kjørsvik.

The plant manager Trond Lofstad read from a pre-prepared indictment. A non-professional translation can be read here.

The current hardline regime at the gas plant seems determined to intimidate employees. 150 of them were ordered to attend for this purpose so that they could witness the entire cringe-making spectacle.

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