Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Oil Spill’

Shell shareholders can only wish that they had never heard of Alaska

By John Donovan Christopher Helman of Forbes has neatly summarised the misadventures of Royal Dutch Shell in Alaska… “Consider for a second the $5 billion misadventure that Royal Dutch Shell has had in Alaska. Here’s a quick recap: In 2008 Shell acquired the rights to exploration blocks in the Beaufort Sea north of the North […]

German Minister calls for boycott of Shell

“If you went to the Niger Delta and saw the standard of oil extraction, none of you would use the petrol stations of that oil firm,” he said. He said the company prioritized profit over concern for the environment. “That is unacceptable,” Müller added. By John Donovan Germany’s development minister Gerd Müller attacked the production […]

Shell prepares pullout from Ogoniland

By John Donovan Ogoniland is back in the news again. According to Africa Energy Intelligence.com: “Shell is highly discreetly working to sell its licenses in the Ogoni region in Rivers state, the theatre of violent clashes between local inhabitants and Nigeria’s security forces in the early 1990s. Since that time the once-prolific area has ceased…” […]

Royal Dutch Shell Files Arctic Drilling Plans

A Shell spokesperson claims that the company’s latest Arctic exploration plan takes into account lessons learned from the 2012 operation (which turned into a dangerous farce after Shell engaged in reckless machinations in an effort to evade tax). By John Donovan Royal Dutch Shell has filed a plan with US federal regulators that could result […]

Royal Dutch Shell Retreat from Nigeria

The FT states: “Shell’s phlegmatic chief executive Ben van Beurden will need to hold his nose when he takes the money…” and in a related article, describes Shell’s actions as a “retreat from the Niger Delta” (triggered in part by militancy, violence and bunkering). By John Donovan The global firesale of Shell assets continues with […]

Royal Dutch Shell Plc .com News Round-up 12 August 2014

A frosty reception for Shell sponsorship; Oil and Gas company debt soars to danger level; Shell a gigantic flea By John Donovan UK The Telegraph City Diary column has commented on Shell’s embarrassment at arts sponsorship monies being returned to the  company in Ireland. “First the Antarctic, now Ireland. The list of countries where Royal […]

Royal Dutch Shell News Roundup Monday 11 Aug 2014

Rejection in Australia, Oil Spill Fire in Nigeria, Fire sale in the USA, Asbestos lawsuit in the UK By John Donovan AUSTRALIA The Australian reports that a fortnight after Woodside Petroleum shareholders scuttled a $2.7 billion plan to remove Royal Dutch Shell from the company’s share register, Woodside has bought a 40% stake in a […]

Shell’s unwelcome sponsorship of the arts

By John Donovan Earlier this year campaigners and climate activists applauded the end of the Shell Classic International series at the South Bank Centre in London.  SEE: Campaigners celebrate end of Shell’s Southbank sponsorship Protestors, including from the Shell OUT SOUNDS organisation and PlatformLondon.org strongly objected to what has been aptly described as “oil-branded concerts.” All take particular […]

First oil produced from SNEPCO-operated Bonga North West deep-water project in Nigeria

VERBATIM FROM A SHELL PRESS RELEASE 6 AUGUST 2014 06 Aug 2014 Shell’s deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Ltd (SNEPCo) started oil production from the first well at the Bonga North West deep-water development off the Nigerian coast on Tuesday 5 August 2014, another milestone for the country’s energy industry. […]

Failure to clean Niger Delta oil pollution still devastating people’s health: Amnesty

Extracts from an Associated Press article by MARAM MAZEN published 3 August 2014 LAGOS, Nigeria – Little action has been taken to clean up pollution caused by oil production in Nigeria’s Niger Delta region, either by the government or Shell Oil, Amnesty International and other groups charged Monday. Oil production has contaminated the drinking water […]

Is This the Next Big Offshore Oil Frontier?

Extracts from a Motley Fool article by Arjun Sreekumar published 1 August 2014 Extracts Though the Arctic is believed to contain about a fifth of the world’s undiscovered hydrocarbon reserves, harvesting that oil and gas has proved excruciatingly difficult. In the Alaskan Arctic’s Chukchi Sea, for instance, Royal Dutch Shell’s drilling program has been plagued by […]