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Posts under ‘Gulf of Mexico’

Shell, Exxon say some pollution released as storm hits Texas

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Shell staff return to Gulf of Mexico platform after Harvey: sources

Storm Harvey: Shell boss takes stock of disruption

Hurricane Harvey Tosses Global Oil Markets Into Chaos

By Nick Cunningham – Aug 28, 2017, 6:00 PM CDT

The most powerful Hurricane to hit Texas in more than 50 years has devastated much of the coast, and the historic flooding is now causing havoc in the energy markets. The rain is not over, and will continue over the next few days, spilling a year’s worth of rain within a week. Royal Dutch Shell closed its 360,000 bpd Deer Park refinery, according to S&P Global Platts, and Phillips 66 shut down its 247,000 bpd Sweeny refinery. FULL ARTICLE read more

Full extent of Harvey’s aftermath starts to come into chilling focus

In the aftermath of Hurricane Harvey, Houston and an ever-expanding swath of cities and towns in the region remained under siege Monday by torrential rain and surging floodwaters that showed no signs of abating. FULL STORY

Shell halts operations at Deer Park refinery

Royal Dutch Shell said Sunday the aftermath of Hurricane Harvey is causing the shutdown of its massive refining and petrochemical complex in Deer Park. Shell is closing one of Texas’ largest refineries, which can refine more than 315,000 barrels of crude oil a day into gasoline and other petroleum products. “The top priority of Shell Deer Park is to operate in a safe and environmentally sound manner. Due to continued inclement weather conditions from Hurricane Harvey, Shell Deer Park is conducting a controlled/planned shut down of the refinery and chemical plant,” Shell said in an email response. FULL ARTICLE read more

Damage unknown to Shell’s Perdido platform in U.S. Gulf

AUGUST 27, 2017

HOUSTON (Reuters) – Royal Dutch Shell Plc said on Sunday it has not yet been able to assess damage to its deepwater Perdido platform in the U.S. Gulf of Mexico after evacuating it ahead of Tropical Storm Harvey, which came ashore as a hurricane. The company scrapped plans on Saturday to send a reconnaissance flight over the platform, about 200 miles (321 km) south of Freeport, Texas, said spokesman Curtis Smith. A second flight will be attempted on Sunday.

Reporting by Ernest Scheyder; Editing by Sandra Maler read more

Shell says Deer Park, Texas refinery may be shut for a week

AUGUST 27, 2017

HOUSTON (Reuters) – Royal Dutch Shell Plc said its Deer Park, Texas, refinery and chemical plant complex may be shut for up to a week because of Tropical Storm Harvey’s impact on the Houston area. Shell spokesman Curtis Smith said following a controlled shutdown of the complex including the 325,700 barrel per day (bpd) refinery on Sunday, only essential personnel would remain at the plant through the end of the week.

Reporting by Ernest Scheyder and Erwin Seba; Editing by Andrea Ricci read more

Harvey, Biggest Hurricane Since 2005, Spiraling Toward Texas Coast

Massive Shell platform starts its journey to Texas

The departure is the latest milestone for a gigantic venture the European company sanctioned two years ago in the face of a raging oil bust that forced many of its rivals to scuttle offshore plans. As oil prices tumbled, Royal Dutch Shell spent $600 million and employed 1,500 workers in Texas and Louisiana alone to fabricate parts for the so-called Appomattox platform, the company’s largest in the Gulf, expected to start pumping oil 80 miles off Louisiana by the end of the decade. Even so, Shell says it could still wring a profit from its 125,000-ton platform with oil prices below $50 a barrel, after deep cost cutting. FULL ARTICLE read more

PRELUDE FLNG; A CASE OF ADDING FUEL TO THE FIRE

By Bill Campbell – Retired HSE Group Auditor, Shell International

The physics of fire is readily explained by the simple fire triangle where the constituents needed to be available for fire to begin and persist are a heat source, oxygen and a combustible fuel.

In our industry in 1988 and later in the Gulf of Mexico and offshore India were witnessed catastrophic happenings where an escalating hydrocarbon event could not be curtailed, went out of control and escalated because of the abundance of fuel in massive amounts, mainly gas.

The abundance of fuel on an offshore installation, or on a London Tower building, housing hundreds of people, raises the risk to persons occupying these facilities significantly.  Risk is not just the probability of a fire starting but the potential consequences of that fire should it start and take hold.     read more

Shell News Update 27 June 2017

Shell CEO, board of directors visit Beaver County: The Times: 27 June 2017

The chief executive officer and a majority of the board of directors of Royal Dutch Shell were in Beaver County Monday to view the ethane cracker plant site, but also to talk to local leaders about their experiences with the $6 billion project.

Shell in clean energy race: The Business Times: 27 June 017

ROYAL Dutch Shell aims to be a leader in clean energy and sees an opportunity in using its global presence and established brand to scale up the new energies business quickly as and when. The second largest-publicly traded oil company in the world also plans on establishing itself across the full value chain of renewables and alternative energies as it has done for oil, said a senior executive in the firm. read more

Shell News Update 22 June 2017

India’s LNG-led gas market may grow over 6 times by 2030: Royal Dutch Shell: Business Standard: 22 June 2017

Global oil major says that India may see at least six times growth in by 2030 from the current levels. It adds that liquefied natural gas (LNG) may be the largest contributor to it.

Brains behind Shell’s iconic Brent bid final farewell: EnergyVoice.com: 22 June 2017

Shell gave some of its former employees the chance to bid farewell to the platform, which generated more than £35billion over its four decades.

Oil Majors Snatch Up Mexican Oil Blocks: OilPrice.com: 21 June 2017

Other top-tier oil companies won blocks as well – Russia’s Lukoil took one, and Total SA and Royal Dutch Shell joined hands to win another. It marked Shell’s first upstream entry into Mexico. read more

Shell slashes North Sea costs to make profit in a crash

Royal Dutch Shell has cut operating costs for some of its North Sea fields by 70 per cent since the price of crude crashed, the oil company said. Andy Brown, Shell’s head of upstream, said it was able to make “significant money in the North Sea at $50 [a barrel oil prices]” thanks to the reductions, which analysts said were among the steepest by any company. Mr Brown said he had been shocked by some of the inefficiencies Shell found when it reviewed operations worldwide after oil prices fell. read more

Latest Shell News

Shell’s top oil trader defends North Sea Brent activity: Financial Times

Royal Dutch Shell’s top oil trader has launched a staunch defence against accusations that the company’s activity in the North Sea crude market had skewed the benchmark that underpins global oil prices. Shell is alleged to have traded aggressively in the region last year, contributing to heavy losses among rivals…

Shell Throws The Blame To Residents on Slow Cleanup of Oil Spills In Nigeria: The Science Times

EXTRACT: Oil and petroleum giant Shell blamed the Nigerian residents in the Delta community for its slow response in cleaning up the two oil spill incidents in 2008. Amidst almost a decade-long effort, Shell wasn’t able to fully contain the spill. However, there is a possibility that the clean-up might start next month. read more

BP buys, while Shell sells: a recap of recent deal making by the majors

Written by Mark Lammey – 20/12/2016 6:00 am

While Shell has been selling assets to make good on its $30billion divestment plan for 2016-18, BP has flashed the cash with a number of big investments.

Shell said yesterday that it had raised $1.65billion (£1.33billion) in asset sales, while rival oil major BP has revealed plans to invest heavily on African licences.

Shell will make $1.4billion from the sale of a 31.2% stake in refiner Showa Shell Sekiyu to Japan’s Idemitsu Kosan, the firm said yesterday. read more

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