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Posts under ‘Oil’

Activists damage habitat in Seattle bay during Shell oil protests

SEATTLE | BY ERIC M. JOHNSON: World | Sat May 23, 2015 2:00am BST Activists damage habitat in Seattle bay during Shell oil protests Photo Credit: REUTERS/JASON REDMOND Environmental activists who fanned out in small boats across a Seattle bay over the weekend in a protest over Royal Dutch Shell (RDSa.L)’s plans for Arctic oil exploration […]

U.S. Senators urge Obama administration to block Arctic oil drilling

Politics | Fri May 22, 2015  U.S. Senators urge Obama administration to block Arctic oil drilling When Shell lost control of a drilling rig that year it “put numerous lives at risk, including those of the Coast Guard crews” and those of 18 people on the rig… A group of 18 mostly Democratic U.S. senators […]

Shell CEO backs fossil fuels, climate change warnings -Guardian

Markets | Fri May 22, 2015 7:35pm EDT Shell CEO backs fossil fuels, climate change warnings -Guardian The world’s fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday. In an interview published in Britain’s Guardian […]

Oil hunt raises risk of climate disaster

By Peter Husk: Saturday May 23, 2015 There’s an Alice-in-Wonderland quality about Royal Dutch Shell’s attitude towards the risks involved in its plan to drill for oil in the US Arctic. The decision has sparked protests in Seattle, where the Polar Pioneer, one of two rigs the Anglo-Dutch oil giant intends to use, is berthed. Shell […]

Shell boss endorses warnings about fossil fuels and climate change

Ben van Beurden, chief executive of Shell, acknowledges that we cannot burn all the world’s fossil fuel reserves without risking a breach of the 2C limit needed to prevent catastrophic climate change. Photograph: Bloomberg/Getty Terry Macalister and Damian Carrington: Friday 22 May 2015  read moreLike this:Like Loading…

Shell CEO Defiant On Arctic Drilling

By Andy Tully: Posted on Thu, 21 May 2015 Royal Dutch Shell CEO Ben van Beurden says that whereas the Anglo-Dutch company is aware of the dangers that fossil fuels pose to the environment, it is also realistic and therefore determined to press ahead with plans to drill for energy in the Arctic. Addressing shareholders at […]

Setback for Shell’s proposed rail yard in Anacortes

Setback for Shell’s proposed rail yard in Anacortes By Seattle Times Staff: 21 May 2015 A Skagit County Superior Court judge Thursday dismissed a Shell Oil lawsuit that challenged an environmental-impact study of a proposed rail yard at the company’s Anacortes refinery. The ruling is another setback for Shell’s efforts to build the rail yard […]

Energy divestment campaigns a ‘red herring’, says Shell CEO

Markets | Thu May 21, 2015 London Royal Dutch Shell Chief Executive Ben van Beurden on Thursday slammed as a “red herring” calls for investors to divest from energy companies as part of the fight against climate change. Van Beurden singled out the “Keep it in the Ground” campaign led by British newspaper The Guardian […]

Royal Dutch Shell, BP plc Oppose New European Oil Trading Regulations

By: MICHEAL KAUFMAN: Published: May 21, 2015  Royal Dutch Shell plc (ADR) (NYSE:RDS.A) has sided with oil rival BP plc (ADR) (NYSE:BP) in calling on European regulators to step back from enforcing tougher new capital requirements and increased disclosure measures pertaining to oil trading. The Markets in Financial Instruments Directive or Mifid II regulations are being […]

Oil Price Fixing

FROM A REGULAR CONTRIBUTOR Campaigns by or on behalf of Shell It’s interesting that we have campaigns (one fronted by BP, but backed by Shell, and the other fronted by Shell’s lawyers, de Brauw) which will have the effect of avoiding regulation of oil trading activities, and will also decriminalise fraud for companies in Holland. […]

AramcoShell.com: one of the most valuable domain names in the world?

Aramco Shell .com By John Donovan I own and operate many Shell related domain names including, for example, RoyalDutchShellPlc.com and RoyalDutchShellGroup.com, both of which Shell International unsuccessfully attempted to seize 10 years ago in proceedings via The World Intellectual Property Organisation. Depending on reaction to this article, I may put one of my domain names […]

Shell joins BP in calls against excessive oil trading regulation

May 20 2015 | By: Carl Surran, SA News Editor Shell joins BP in calls against excessive oil trading regulation Royal Dutch Shell (RDS.A, RDS.B) joins BP in calling on European regulators to refrain from imposing stricter capital requirements and greater disclosure measures on oil trading. Regulators would achieve undesired effects if companies and trading […]

Shell, climate change and a question of reality

By John Donovan Royal Dutch Shell CEO Ben van Beurden is said to have lambasted fossil fuel critics at the Shell AGM yesterday, accusing them of ignoring reality. Two days earlier, Terry Macalister of The Guardian, who has always been scrupulously fair in his comments and reporting in relation to Shell, seemed to suggest that it is Mr […]

Sultan of Oman Spying On Shell Oil Oman

20 May 2015 at 11:42, Alastair Sloan Spy-tech firms Gamma and Trovicor target Shell Oil in Oman Extracts The Sultan of Oman’s intelligence services are spying on the local operations of British oil company Shell with the aid of controversial European tech companies, the Register has learned. Documents seen by el Reg reveal that the […]

Environmentalists score a little discussed big win in Arctic drilling plans

May 19 2015, 14:48 ET | By: Carl Surran, SA News Editor Environmentalists score a little discussed big win in Arctic drilling plans Environmentalists angered by the Obama administration’s approval of Royal Dutch Shell’s (RDS.A, RDS.B) broad plan for boring exploratory oil wells in the Chukchi Sea seem to have overlooked that they scored a […]

Shell vows to explore Arctic, rips environmental critics

May 19 2015, 12:53 ET | By: Carl Surran, SA News Editor Shell vows to explore Arctic, rips environmental critics Royal Dutch Shell (RDS.A, RDS.B) CEO Ben van Beurden vows that the company will press on with its campaign to explore the Arctic for oil this summer despite protests in Seattle, and dismisses claims that Shell is […]

Seattle protests influence John Kerry trade speech venue

CHRIS GRYGIEL, ASSOCIATED PRESS: May 19, 2015 Seattle protests influence John Kerry trade speech venue SEATTLE (AP) — Seattle officials told Secretary of State John Kerry he’d be better off avoiding the city to deliver a major trade speech because of ongoing protests over Arctic drilling that have drawn hundreds of activists on land and sea. […]

Rotten Growth Prospect: Royal Dutch Shell Plc

3 Stocks With Rotten Growth Prospects: Royal Dutch Shell Plc, Tesco PLC And Centrica PLC By Royston Wild – Tuesday, 19 May, 2015 Today I am looking at three stock market terrors poised to endure extended earnings woe. Royal Dutch Shell Fossil fuel colossus Shell (LSE: RDSB) (NYSE: RDS-B.US) has grabbed the headlines again over […]

SHELL CLUELESS IN SEATTLE

SHELL DOESN’T HAVE A CLUE ABOUT THE ENERGY OF THE FUTURE, NOT A CLUE!! SOLAR IS THE ENERGY OF THE FUTURE. PRODUCING ENERGY FROM OIL IS STONE AGE TECHNOLOGY. A SOLAR ENERGY REVOLUTION IS WELL UNDER WAY NOW.  YOU ARE RUNNING OUT OF TIME. INVEST NOW IN SOLAR AND WIND ENERGY PRODUCTION. OH, AND GET YOUR […]

Royal Dutch Shell undaunted by Seattle port backlash

Article by Phuong Le, The Associated Press, Published Tuesday, May 19, 2015 Royal Dutch Shell undaunted by Seattle port backlash SEATTLE — Neither a protest by hundreds of demonstrators nor a permit violation notice from the city will halt Royal Dutch Shell’s use of a Seattle seaport terminal as it prepares for exploratory oil drilling in […]

Shell CEO: ‘carbon bubble’ campaigners ‘ignore reality’

Shell CEO: ‘carbon bubble’ campaigners ‘ignore reality’ By Andrew Critchlow, Commodities editor: 19 May 2015 Ben van Beurden, chief executive of Royal Dutch Shell has given a robust defence of the fossil fuel industry saying that “carbon bubble” critics “ignore reality”. The head of the UK’s largest oil company told shareholders that the world faces an […]

Energy groups ax $100B in total spending after oil rout

Article by: Carl Surran, SA News Editor, Seeking Alpha: 18 May 2015 Energy groups ax $100B in total spending after oil rout More than $100B of spending on at least 26 major projects by the world’s energy companies has been slowed, postponed or canceled in the wake of plunging oil prices, including Royal Dutch Shell […]

Obama Seeks Oil Demand, Climate Balance With Shell Arctic Permit

Article by Rakteem Katakey published 18 May 2015 by Bloomberg.com U.S. President Barack Obama is balancing the need to meet oil demand and concerns about climate change as his government considers final approvals for Royal Dutch Shell Plc’s Arctic drilling plans, according to a state department official. “If you go up to Alaska and speak to many […]

Oil Company Spooks: BP Appoints Britain’s Former Chief Spy to Board

14 MAY 2015 BP Plc, the former state-owned oil company with operations from Russia to Iraq, appointed the retired chief of Britain’s overseas spying network as a board member. John Sawers was head of the MI6 service until November 2014. Oil company involvement with spies is nothing new.  On 17 June 2001, The Sunday Times published […]

Shell’s Report On Foreign Corrupt Practices Act Violation Privileged: Texas High Court

By Jess Davis Law360, Dallas (May 15, 2015, 7:02 PM ET) — The Texas Supreme Court on Friday held that a report Shell Oil Co. made to the U.S. Department of Justice about a possible Foreign Corrupt Practices Act violation is absolutely privileged and cannot be the basis for an employee’s defamation claim. Siding with […]

Shell’s Arctic voyage marks beginning of peak oil era

Shell’s Arctic voyage marks beginning of peak oil era Anglo-Dutch company’s search for resources in the Arctic is a sign that the world is running out of options for new oil reserves By Andrew Critchlow, Commodities editor In his critically acclaimed 2005 book ‘Twilight in the Desert’, the prominent oil economist Matthew R. Simmons predicted […]

Hundreds of activists launch floating protest against new Arctic drilling rig

Hundreds of activists launch floating protest against new Arctic drilling rig: Sunday 17 May 2015 Hundreds of activists decked out in neoprene wetsuits and life jackets took to the water off Seattle in kayaks, canoes, paddleboards and other vessels to send the message that Royal Dutch Shell should cancel its plan to drill in the […]

Oil rig on move to Seattle, protesters expected

Heather Graf, KING-TV, Seattle: May 14, 2015 Oil rig on move to Seattle, protesters expected SEATTLE — A massive offshore drilling rig left Port Angeles, Wash., early Thursday and is expected here later in the day. The 400-foot long Polar Pioneer began moving out of Port Angeles at about 1:40 a.m. PT. The rig is expected […]

Shell exploration plans in Alaska stoke concern, hope in Canada

By Lauren Krugel, The Canadian Press Posted: May 13, 2015 Shell exploration plans in Alaska stoke concern, hope in Canada Royal Dutch Shell’s plans to explore for oil off Alaska’s northwestern coast are being closely watched in Canada with a mixture of hope and concern.  Earlier this week, the energy giant cleared a major hurdle when the U.S. Bureau […]

What’s at stake: The debate over Arctic drilling

ANCHORAGE, Alaska (AP) — Royal Dutch Shell is planning to park two massive Arctic oil drilling rigs in Seattle’s waterfront before they head north — but the petrochemical giant will first have to get around protesters in kayaks and others who want to thwart the new frontier in oil exploration and spark a national debate […]

Royal Dutch Shell Oil Rigs To Be Confronted By ‘Festival Of Resistance’

By: MICHEAL KAUFMAN: Published: May 14, 2015  Environmentalists have planned to confront Royal Dutch Shell Plc’s (ADR) (NYSE:RDS.A) oil rigs, which are set to arrive at Seattle’s port this week. The oil company plans to use them in the Arctic later this year. Shell has been planning to go back to the Arctic, in pursuit of […]

Unanswered questions on Nigeria’s missing oil revenue billions

Unanswered questions on Nigeria’s missing oil revenue billions By Lamido Sanusi (Former Gov. Central Bank of Nigeria) Just over a year ago President Goodluck Jonathan suspended me from my position as governor of the Central Bank of Nigeria after I questioned an estimated $20bn shortfall in oil revenues due to the treasury from the state […]

Shell considers small North America energy deals even after BG

Shell considers small North America energy deals even after BG Deals | Thu May 14, 2015 12:58am BST Royal Dutch Shell Plc (RDSa.L) will consider small additions to its North America oil and gas business, despite ruling out large acquisitions after its deal to buy BG Group Plc (BG.L), Marvin Odum, director of Shell’s Americas […]

Shell oil rig arriving Thursday is just the start of Arctic drilling fleet

By Coral Garnick and Hal Bernton: Seattle Times staff reporters: Published 13 May 2015 Shell oil rig arriving Thursday is just the start of Arctic drilling fleet The Polar Pioneer oil rig expected to arrive in Seattle on Thursday is the biggest piece of a 25-vessel fleet Shell Oil has mustered to resume its oil exploration effort in […]

UN climate official pans idea of Arctic drilling in subtle slap at Obama administration

Article by Joby Warrick published 13 May 2015 by The Washington Post UN climate official pans idea of Arctic drilling in subtle slap at Obama administration The United Nations’ top climate official took a subtle poke at the Obama administration on Wednesday over its decision to conditionally allow oil exploration off Alaska’s coast, suggesting that the […]

Shell: Port lease is valid, so drill rigs coming to Seattle despite pleas for delay, protests

By GENE JOHNSON and PHUONG LE, Associated Press: 13 May 2015 SEATTLE (AP) — Royal Dutch Shell is forging ahead with plans to park two Arctic oil drilling rigs in Seattle, risking possible fines from the city and ignoring port commissioners who have asked Shell to wait. Shell’s plan to move the two rigs to […]

Shell to Seattle: Oil drill rigs are coming

Shell to Seattle: Oil drill rigs are coming: 13 May 2015 Royal Dutch Shell says it has a valid lease for Seattle terminal space and a tight timeline to prepare its fleet for exploratory oil drilling in Arctic waters so it plans to move its drill rigs to this city despite the protests of activists […]

Here’s why Obama is approving Arctic drilling again

By Timothy Gardner: 12 May 2015 (Reuters) – For a leader who has made fighting climate change a priority, President Barack Obama’s decision to approve Royal Dutch Shell’s return to oil and gas exploration off Alaska was seen by many environmentalists as a contradiction. On Tuesday, his administration upheld a 2008 Arctic lease sale, clearing […]

Shell’s Alaska Return Shows Arctic Drilling Defying Slump in Oil

Article by Rakteem Katakey and Mark Drajem published 12 May2015 by Bloomberg.com Royal Dutch Shell Plc’s plan to return to the Arctic this year shows exploration in one of the world’s most remote regions is proving resilient against the slide in crude prices. The U.S. Interior Department on Monday endorsed Shell’s plan to have two rigs drill as […]

Shell Cleared to Drill in Arctic

Shell Cleared to Drill in Arctic U.S. agency approvals Shell’s Arctic drilling plan off Alaska’s northwest coast. By MARK THIESSEN, Associated Press: 11 May 2015 ANCHORAGE, Alaska (AP) — Just days ahead of a planned protest of Royal Dutch Shell’s Arctic drilling program in Seattle, the company on Monday cleared a major bureaucratic hurdle to […]