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Posts under ‘Irish Times’

Shell lost €140m on Corrib gas field in 2016, accounts show

Barry O’Halloran: 14 Oct 2017

The Corrib natural gas field off the west coast lost €140 million last year, according to accounts filed by its operator, Shell E&P Ireland.

Global oil and gas giant, Royal Dutch Shell, is selling its 45 per cent stake in the Corrib operator to a Canadian pension fund for up to €1.08 billion. Accounts for Shell E&P Ireland show that it lost €140 million in 2016 as the cost of running Corrib exceeded the revenues that it earned. The figures show that the company’s sales were €182.2 million, but costs of €359.4 million and a near €10 million interest bill left it with losses of €187 million. A tax credit of €47 million reduced this to €140 million. read more

Shell Corrib: Irish national gas emergency plan invoked

Lorna Siggins: 22 Sept 2017

Two State investigations are under way into the release of odourless gas into the natural gas supply in the west of Ireland after a “technical fault” at the Corrib gas refinery.

More than 9,000 customers in counties Galway and Mayo were advised to shut down supplies on Thursday until further notice for safety reasons, and the State’s national gas emergency plan was invoked.

Gas Networks Ireland said it had restored a safe supply to 60 per cent of those affected by Friday evening, mainly in Galway city and parts of the county. read more

Shell’s incompetence puts lives in danger all over Mayo and Galway

“Shell has brought their worst practice in Nigeria into the beautiful Barony of Erris – how dare they and how dare this state allow Shell to poison a pristine environment and the health of future generations; this cannot be spun as a spurious health and safety concern – it’s incompetent and negligent; it is our Place and our People who suffer the consequences while unaccountable, faceless functionaries reap their pensions”

News Release – Issued by Shell to Sea – Sept 22nd, 2017 – For immediate release

—   Shell’s  incompetence puts lives in danger all over Mayo and Galway. —

Following Shell’s latest fiasco of putting odourless gas into the Irish gas network, Shell to Sea has again highlighted the lack of regulation and monitoring of Shell in relation to the Corrib Gas project.  [1,2]

Shell to Sea spokesperson Terence Conway stated “During construction of the Corrib project, Shell were a clear danger to lives in this area, but now it is clear that they are a danger to lives further afield also.  We have no confidence in the state to regulate or control Shell.” read more

End to Shell’s involvement in the most controversial infrastructure project in Ireland’s history

Protest event in Ireland during “Shell to Sea” campaign

Joe Brennan: 4 Sept 2017: Extracts from article: “Vayu warns of volatile prices for winter gas”

Ireland imports much of its gas needs through the UK, even though the Corrib field off the Mayo coast, which started production in late 2015, has the potential to meet up to 60 per cent of the country’s gas needs and is expected to supply fuel for up to 20 years. Discovered 21 years ago, the field was dogged by years of opposition before natural gas started flowing almost two years ago. FULL ARTICLE read more

More Shell News 13 July 2017

How Europe’s Monster Gas Field Turned Into a Monster Headache: Bloomberg: 13 July 2017

Judge to consider demands to close Europe’s largest gas field; Groningen has contributed almost 300 billion euros to budget; What was once a blessing is now an expensive curse; Officials are also considering criminal charges against NAM executives READ MORE

Corrib gas timeline: 20 years of protests and controversy: The Irish Times: 13 July 2017

June 2005 – High Court jails five men who became known as the “Rossport Five” for contempt of court over their continued protests over the pipeline route. READ MORE

Trump administration approves Eni plan to drill offshore Alaska: Reuters: 13 July 2017

Royal Dutch Shell Plc quit its exploration quest offshore Alaska in 2015 after a ship it had leased suffered a gash in mostly uncharted waters… READ MORE read more

Shell Corrib Gas News 13 July 2017

Shell unloads its stake in Corrib: The Times: 13 July 2017

Royal Dutch Shell has sold its stake in the contentious Corrib gas project off the Republic of Ireland to a Canadian pension fund for up to $1.23 billion. READ MORE

Shell’s Corrib exit leaves energy giants up to €2.5bn in the red: 13 July 2017

Energy groups behind the controversial Corrib gas field off the Mayo coast are as much €2.5 billion in the red on their investment, as Shell’s move to sell a stake to a Canadian state pension fund has left it with loss of up to €1 billion. READ MORE

Losses on Corrib near €2bn as Shell sells up: The Irish Times: 13 July 2017

It had been beset by more than a decade of delays and rows with protesters before production began. READ MORE read more

Corrib Gas: Years of acrimony and protest

Little surprise in north Mayo over Shell sale of Corrib share: The Irish Times: 12 July 2017

After years of acrimony and protest the first delivery of gas from the field was taken in December 2015 and the project was formally opened the following month. This was some 20 years after the gas discovery was reported off the north Mayo coast. READ MORE

Under the Hood of Shell’s $100 Million Loyalty Program: Advertising Age: 12 July 2017

Did you know that Shell Oil is the only major fuel brand that still operates in all 50 states? The company boasts 14,000 sites across the country, in fact. But the proprietary gas stations of big box retailers and grocery stores have become formidable competitors in the last 20 years, and now account for about half of the market, increasing the pressure on Shell to drive loyalty. READ MORE read more

Shell Sells Irish Corrib Gas Field Stake

Shell sells Corrib stake to Canadian pension fund for €1.08bn: The Irish Times: 12 July 2017

Royal Dutch Shell has sold its 45 per cent interest in the Corrib gas field to a unit of Canada Pension Plan Investment Board (CPPIB) in a deal worth up to $1.23 billion (€1.08 billion), as the group continues to sell off non-core assets. READ MORE

Shell to exit upstream business in Ireland with $1.23 billion stake sale: Reuters: 12 July 2017

The transaction, which is subject to partner and regulatory approval, is expected to complete in the second quarter of 2018, Shell said on Wednesday. READ MORE

Shell Sells Irish Gas Field Stake for $1.2 Billion to Canada Pension Fund: The Wall Street Journal: 12 July 2017

LONDON—Royal Dutch Shell PLC has sold its stake in a controversial Irish gas field for up to $1.23 billion to one of Canada’s biggest pension funds, but the deal will result in a $350 million impairment charge, the company said Wednesday. READ MORE read more

Shell Litigation News Stories June 2017

Supreme Court rules Shell acted in contempt over Corrib land access: The Irish Times: 14 June 2017

The Supreme Court has found Shell E & P Ireland was acting in civil contempt of court orders when, nine years ago, it entered on to commonage lands at Rossport located on the modified route for the Corrib gas onshore pipeline.

Company fined €300,000 over death of worker at Corrib gas tunnel: the journal.ie: 14 June 2017

A GERMAN CIVIL engineering company has been fined €300,000 over the death of a contractor in 2013. Wayss and Freitag Ingenieurbau AG contractor Lars Wagner, who worked for Herrenknecht AG, was killed on 8 September 2013 at the Mayo project.

Polluted-Water Case Against BP and Shell Revived: Courthouse News Service: 13 June 2017

MANHATTAN (CN) — No longer protected by its deals with California prosecutors, BP and Shell must face another lawsuit alleging that its underground storage tanks continue to pollute Orange County’s groundwater with a toxic gasoline additive. read more

Award for deadly Corrib Gas Project

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Protesters campaigning against the controversial Corrib Gas Project in Ireland: Photo courtesy of Shell to Sea.com

By John Donovan

It does seem odd that The Corrib Onshore Gas Pipeline has been voted Engineering Project of the Year at this years Engineers Ireland Awards.

I say this bearing in mind the news just months ago that two of the construction firms involved in the project face trial over a workplace death that occurred. See the Irish Times report below.

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Corrib companies charged over gas tunnel death

Two construction firms face trial over fatal workplace incident at Co Mayo project

Lorna Siggins: Wed, Jun 8, 2016 read more

Irish Police, Shell, Corruption and Alcohol

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Regular visitors to this website will be aware of the admittance made by a Shell “Mr. Fixit” contractor on the Corrib Gas development in Ireland, that at Shell’s behest, they distributed bribes to smooth the path of the controversial project. On one occasion, €30,000 was splashed out on free booze for the Irish police (the Garda).

Interesting then to see a recent article published by The Irish Times, reporting  that a whistleblower – a serving police officer – has made bribery allegations implicating 50 Garda officers in a tale of corruption involving the pub trade. Cheers. read more

Many Irish names feature in Bahamas registry

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Extracts from an article by Colm Keena published by The Irish Times on 22 Sept 2016

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screen-shot-2016-09-23-at-21-22-23Shell E&P Ireland Offshore Inc associated with Corrib gas project

Two companies registered in the Bahamas and used by Dublin property investor Paul Fenelon for investments in the UK are among companies of Irish interest on the Corporate Registry of the Bahamas.

The registry, normally difficult to access, is being made publicly available by the International Consortium of Investigative Journalists (ICIJ), of which The Irish Times is a media partner.

Shell E & P Ireland Offshore Inc, a company with an address in Nassau, has had a number of Irish directors over the years, starting in 2000.  The company is associated with the Corrib gas project in Co Mayo. read more

Locals disappointed at sanction on Shell for gas flaring

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Screen Shot 2016-09-06 at 11.15.18Shell to Sea says €1,000 fine equivalent to ‘65 seconds… of current Corrib sales revenue’

By Lorna Siggins

North Mayo residents living close to the Corrib gas refinery have expressed disappointment at the level of sanction imposed on Shell E&P Ireland over gas flaring last New Year’s Eve.

The multinational was fined €1,000 and ordered ordered to pay €15,000 in legal costs in relation to causing light and noise pollution from a gas flare during start-up testing at the Corrib gas terminal in Co Mayo on December 31st and January 1st.

The company pleaded guilty at Dublin District Court on Monday to breaching two parts of its industrial emissions licence, which had been awarded for project last year by the Environmental Protection Agency (EPA). read more

65 seconds of Shell/Corrib sales will pay €1,000 flaring fine

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Screen Shot 2016-09-06 at 11.15.18News Release – Issued by Shell to Sea – Sept 6th, 2016 – For immediate release

— Shell fined EUR1,000 while making an estimated EUR240 million in Corrib sales so far this year —

Yesterday (5th September) at Dublin District Court, Shell were fined EUR1,000 after pleading guilty to causing light and noise pollution from gas flaring at Bellanaboy refinery last New Years Eve. The prosecution was brought by the Environmental Protection Agency (EPA) following complaints from people living around the Bellanaboy refinery.[1] read more

EPA is prosecuting Shell over Corrib gas flaring incident

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Lorna Siggins: 6 July 2016

The Environmental Protection Agency (EPA) is prosecuting Shell E&P Ireland for breaching its emissions license at the Corrib gas refinery in north Mayo.

A summons was issued by the EPA late last week, The Irish Times has learned.

The prosecution relates to the EPA’s six-month investigation into an intense flaring incident at the refinery on December 31st, 2015.

Residents who had experience of test flaring over the past year had described as “frightening” the activity, which lasted for about 30 to 40 minutes, from about 8.15pm on New Year’s Eve. read more

Concern over increasing frequency of Corrib Gas Flaring

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By John Donovan

A gas flaring event is the burning off of flammable gas released by pressure relief valves as a protection and safety measure during unplanned over-pressuring of plant equipment.

The attached authentic Shell document lists over 260 gas flaring events that have already taken place at the new Bellanaboy Bridge Gas Terminal.

It is noticeable that the unplanned events appear to be increasing, rather than declining e.g. 58 gas flaring events were recorded in just 9 days in January 2016.  read more

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