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Posts under ‘Gas’

Shell CEO dubious prediction on oil prices

Today we have another forecast from a Chief Executive of Royal Dutch Shell Plc, no doubt based on an assessment by the crystal ball gazers at Shell, the famed Scenarios team. Is it a case of wishful thinking on the part of Shell? Can we have faith in the prediction made by the current CEO? By […]

Earthquakes shake NAM, the Shell/Exxon joint venture 

Earthquakes linked to extraction in the area have led to a public backlash and a new production plan for the field will be presented by July 1, 2016. The venture has set aside 100 million euros for claims and has paid out about 50 million euros so far. Extracts from a BloombergBusinessweek article The Slochteren […]

Shell backs out of Russian oil projects

In April 2014, following the Russian Annexation of Crimea, Shell COE, Ben van Beurden, was still bowing to Putin and full of ambition for Russian oil and gas projects.  By John Donovan In April 2014, Royal Dutch Shell Chief Executive Ben Van Beurden claimed that the company had no plans to change its work with its […]

Shell Corrib Gas Project Ireland: The Good News and the Bad News

By Nick Gill The Irish Independent has published an article providing an update on the delayed progress of the Shell led Corrib Gas Project in Ireland, which has been surrounded by controversy, including alleged corruption and persistent environmental protests from the outset.  Basically, the good news is that the volume of gas at peak production […]

New earthquake in Groningen, city buildings shaken

NAM, a 50:50 joint venture between Shell and ExxonMobil, is currently assessing claims from hundreds of people who say their homes have been damaged by the quakes. Tuesday 30 September 2014 DutchNews.nl An earthquake measuring 2.8 on the Richter scale was felt in Groningen province on Tuesday – considered a significant quake in the Netherlands. […]

Royal Dutch Shell News Monday 29 Sept 2014

By John Donovan A selection of current news articles about Royal Dutch Shell from around the globe: Oil price fixing According to a Bloomberg article published by energyvoice.com, the UK is considering whether to criminalize manipulation of the world’s most-traded crude-futures market. Extract The UK is toughening the rules after the rigging of Libor and […]

Royal Dutch Shell Prelude Project ‘A Step Too Far’

By John Donovan I have received a comment about the most recent Bill Campbell Prelude article from another expert, a former Shell executive.  I refer to Hans Bouman, the retired Groningen Gas Field Asset Manager for NAM, a joint Royal Dutch Shell/ExxonMobil operation. Mr Bouman is the expert who in 2002 warned Shell/Sakhalin Energy internally of his concerns […]

Royal Dutch Shell spent $1.32bn on R&D last year

By John Donovan Ed Crooks of the Financial Times has written a wide-ranging and informative article about oil company spending on R&D. Oil majors’ R&D into conventional and renewable energy at risk Royal Dutch Shell spent $1.32bn on R&D last year. The FT article quotes Gerald Schotman, Shell’s executive VP of R&D, as saying its […]

Prelude FLNG risks are on par with modern offshore oil and gas facilities say Shell – but are they?

Final article in a series of five articles by Bill Campbell, retired HSE Group Auditor, Shell International, about risks relating to the Shell Prelude FLNG project. Prelude FLNG risks are on par with modern offshore oil and gas facilities say Shell – but are they? Let’s discuss  With the implementation of the recommendations post Piper […]

Shell paid the Irish Police €158,746

By John Donovan We now have official confirmation that the Garda cops accused of brutality towards Corrib Gas Project protestors were working for Shell. According to an article published today by The Irish Times, Shell has paid the Garda €158,746 for policing in Ireland, mainly arising from the force’s operation guarding the controversial Corrib gas pipeline in Co Mayo. […]

Shale Fracking is a ‘Ponzi Scheme’

“Shale Fracking is a “Ponzi Scheme” … “This Decade’s Version of the Dotcom Bubble” By John Donovan A regular contributor has very kindly drawn my attention to an article published by GlobalResearch under the headline: “Shale Fracking is a “Ponzi Scheme” … “This Decade’s Version of the Dotcom Bubble” In making the case to support […]