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Posts under ‘Oil Spill’

Shell remains committed to Alaskan arctic

Extracts from an article by Daniel J. Graeber published 9 April 2014 by UPI HOUSTON, April 9 (UPI) — The arctic waters off the Alaskan coast may be one of the more promising reserve basins in the nation, but exploration will have to wait, Shell said Wednesday. Ann Pickard, executive vice president for Shell’s arctic […]

Poor Management and Tax Dodging Led to Kulluk Grounding

Article by RACHEL D’ORO Associated Press published 4 April 2014 by ABC NEWS under the headline: “Report: Poor Management Led to Shell Grounding” A Coast Guard report says poor risk assessment and management were factors that led to the grounding of a Shell oil drilling rig in the Gulf of Alaska in 2012. The report […]

Nothing but ill-fortune for Shell off the shores of Alaska

Extracts from an article by Reuben Brewer published on 21 March 2014 by The Motley Fool under the headline: BP Wins One and Loses One in the Gulf Royal Dutch Shell has found nothing but ill-fortune off the shores of Alaska. Shell’s most public problem was the 2013 grounding of the Kulluk drill ship. However, that […]

Shell Nigeria Oil Terminal Remains Closed After Leak Found

Extracts from a Sarah Kent article published by The Wall Street Journal on 17 March 2014 LONDON–Exports from a major oil terminal in Nigeria operated by a unit of Royal Dutch Shell PLC (RDSA) remain shut-in nearly two weeks after the discovery of a leak in the export pipeline, a spokesman for the company said […]

Niger Delta Communities Pressure Shell on 2011 Oil Spill

Extracts from a Heather Murdock article published on 17 March 2014 by Voice of America Local leaders in the Niger Delta want to unite competing communities to pressure Shell Petroleum to pay billions of dollars in reparations and clean up of fishing areas they say were wasted in a 2011 oil spill. Shell disputes the […]

Shell Nigeria: Forcados terminal closed by leak

Extract from an Associated Press article published by The Washington Post on 16 March 2014 WARRI, Nigeria — Shell Nigeria says its Forcados crude oil export terminal is closed because of an undersea pipeline leak. The biggest oil producer in Nigeria refused to say how many thousands of barrels of exports are affected by the […]

Seplat Sees No Oil Theft in Nigeria, Where Shell Lost $1 Billion

Extracts from a Bloomberg article by Eduard Gismatullin published on 14 March 2014 Seplat Petroleum Development Co., the Nigerian oil producer raising $500 million from investors, said it had “absolutely no” theft in Nigeria, where Royal Dutch Shell Plc lost almost $1 billion due to sabotage in 2013. Seplat in July 2010 bought three licenses […]

Royal Dutch Shell Plc’s Greatest Weaknesses

An article by Kevin Godbold published on Wednesday 12 March 2014 by The Motley Fool Drilling for oil is a dangerous business. We only need to look across at the firm’s rival BP and its 2010 Gulf-of-Mexico disaster to see how a drilling accident can financially cripple even a major oil company for years. Shell […]

Shell says Ho-Ho pipeline shut after leak in Texas

Extracts from a Reuters  article by Selam Gebrekidan published on 7 March 2014 by The Chicago Tribune NEW YORK (Reuters) – Royal Dutch Shell on Friday said construction crew members punctured its Houston-to-Houma (Ho-Ho) pipeline near Port Neches, Texas, on Thursday afternoon, releasing 364 barrels of crude oil. The company said it shut the pipeline […]

Shell’s Troubles in Nigeria Continue

Extracts from an article by Nick Cunningham published by on 27 Feb 2014 Royal Dutch Shell (NYSE: RDS-B) is in the midst of a flurry of sell offs to fix its balance sheet, unloading billions of dollars of assets as quickly as it can. Shell’s problems worsened this week – it was forced to […]

Royal Dutch Shell Shuts Nigeria Nembe Creek Oil Pipeline

Extract from a Wall Street Journal article by Obafemi Oredein published 27 Feb 2014 BADAN, Nigeria–Royal Dutch Shell PLC’s (RDSA) Nigerian unit said Thursday that the Nembe Creek Trunk oil pipeline was shut down to stop leakage caused by oil theft. Shell said the pipeline was replaced in December 2010 at a cost of $1.1 […]

Shell, the U.S. not prepared for risks of drilling in Arctic Ocean

By Dan Ritzman: Special to The Times: Monday, February 17, 2014 Shell announced a plan to return to the Arctic Ocean this summer, only to have its leases invalidated by a federal court because the company vastly underestimated the environmental risks. The reality is that drilling in the Arctic Ocean comes with a distinctive set […]

Nigeria ravaged by $20bn oil robbery

It was 2am when a fireball pierced the inky night sky above a small community in the Niger delta. The explosion near Port Harcourt last June killed several people and released 6,000 barrels of crude oil. The cause: contractors hired by Royal Dutch Shell to stop pirates siphoning oil from a huge pipeline were themselves […]

Shell looks to science for arctic help

HOUSTON, Feb. 11 (UPI) — Michael Macrander, a chief scientist for Shell in Alaska, said engagement with the scientific community could help his company navigate arctic waters. Shell Chief Executive Officer Ben van Bueden said last month he was “not prepared to commit further resources for drilling in Alaska in 2014″ following a court decision […]