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Activists hang from bridge in Portland to block Shell’s Arctic vessel

Greenpeace climbers plan to spend days hanging from the bridge in Portland, Oregon in an attempt to hinder Shell’s Arctic oil drilling plans read moreLike this:Like Loading…

Oregon ‘kayaktivists’ to protest Shell Arctic oil search

PORTLAND, ORE., JULY 28 | BY SHELBY SEBENS Protesters began gathering in a riverside park in Portland Tuesday evening, planning to drop kayaks in the water to protest Wednesday’s scheduled launch of a ship to be used by Royal Dutch Shell for Arctic oil exploration. Following the lead of protesters in Seattle who tried to […]

Cindy Shogan: Executive director, Alaska Wilderness League: 28 July 2015 Last week, myself, staff members from Alaska Wilderness League, a few mascots and some inflatable kayaks made our way to Lafayette Park just outside the president’s house — joining in the “kayaktivist” movement to protect the Arctic from Shell. The Save the Arctic movement has grown […]

More and bigger drilling-linked earthquakes rattle Oklahoma

By Heide Brandes: 28 July 2015 OKLAHOMA CITY (Reuters) – Several earthquakes shook Oklahoma on Monday as the state experiences a sharp increase in the frequency of tremors linked to wastewater disposal from gas and oil drilling, including from fracking, state and federal officials said. Three of Monday’s quakes measured above a magnitude 4.0, with […]

Senate bill would give oil companies a decade more to drill in Arctic leases

By Jennifer A. Dlouhy: July 27, 2015 WASHINGTON – Shell and other oil companies with leases in U.S. Arctic waters could get an extra 10 years to develop them under a proposal advancing in the Senate. Sen. Lisa Murkowski, R-Alaska, embedded the Arctic lease provisions in a broader bill that also would lift the U.S. crude […]

Shell to move to new shift pattern

Written by Harriet Brace – 28/07/2015 8:06 am A major oil firm has confirmed its offshore workers will be the latest to move over to a new three weeks on shift pattern. Oil giant Shell today confirmed the company will be moving to the new working pattern for offshore employees. Offshore workers at Shell are […]

Big oil to sharpen focus on costs after $200bn of cuts

Europe’s biggest oil companies have to find deeper cuts as oil prices expected to weigh on earnings By Andrew Critchlow, Commodities editor: 27 July 2015 Three of Europe’s biggest oil companies will report weaker earnings this week and the City is looking for guidance on how to mitigate a sustained slump in Brent crude prices […]

Iran releases list of oil money debtors

The oil major Royal Dutch Shell owes Tehran $2.8 billion while it made a net loss of $6 million trading Iranian oil in 2012. TEHRAN, Jul. 26 (MNA) – Iran’s Central Bank and National Oil Company released the list of companies and refineries owing oil dues to Iran. During the period US and European sanctions […]

Shell icebreaker bound for Portland

Protests are expected to greet vessel EO Media Group: 24 July 2015 Royal Dutch Shell’s MSV Fennica icebreaker vessel passed through Astoria Friday evening and picked up a U.S. Coast Guard escort on its way up the Columbia River to Portland. The vessel, which suffered a 39-inch gash in its hull and is bound for […]

Arctic drilling: Obama gives Shell the go-ahead despite 75% chance of major oil spills

ALICE HARROLD: THE INDEPENDENT: Friday 24 July 2015 The Obama administration has granted permission to Royal Dutch Shell to drill for oil in the Chukchi Sea, off the northwest coast of Alaska. The company was given the final approval for its application to drill in the Arctic on Wednesday in what was a major loss for […]

Shell’s Positioning For Better Russia And Iran Relations Is Part Of Its Global Gas Strategy

Zoltan Ban: 23 July 2015 Summary Shell has been showing long-term interest in moving more towards natural gas for a while, with natural gas production surpassing its oil production in 2013. Aside from its major acquisition of BG group, it is forming an alliance with Gazprom and is looking to be among the first in […]

Green Activists Outraged At U.S. Approval Of Shell Arctic Drilling

By Andy Tully: 23 July 2015 Environmental activists are furious that the Obama administration is allowing Royal Dutch Shell to begin its much-debated drilling in the Arctic Ocean this summer, even with one remaining condition. Two permits were issued July 22 by the Interior Department’s Bureau of Safety and Environmental Enforcement, but with the provision that […]

Shell gets permits necessary for limited oil exploratory drilling off Alaska’s northwest coast

Associated Press: July 22, 2015 | 4:29 p.m. EDT WASHINGTON (AP) — The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska’s northwest coast. The two permits issued Wednesday clear the way for drilling in Chukchi Sea, but with conditions. Shell can only drill the top sections of […]

Here’s Why Royal Dutch Shell plc Was Downgraded By S&P

According to S&P, the softness in crude oil prices and significant capital expenditures, despite recent spending cuts, have weakened Shell’s financial risk profile, which is reflected in the ratings downgrade. By: MICHEAL KAUFMAN: Jul 22, 2015  Standard & Poor’s (S&P) has downgraded the credit rating of European oil major Royal Dutch Shell plc (ADR) (NYSE:RDS.A) […]

FT: Royal Dutch Shell taken down a notch by S&P

The inability of oil prices to push on from the high for the year reached in early May has caught up with Royal Dutch Shell. That’s the view of credit rating agency Standard & Poor’s, which on Tuesday cut its rating on the Anglo-Dutch oil major’s long-term credit rating to ‘AA-‘ from ‘AA’. FULL ARTICLE […]

Investors Are Underestimating Royal Dutch Shell Plc’s Deal To Buy BG Group plc

By Rupert Hargreaves – Monday, 20 July, 2015 Large-cap FTSE 100 blue chips like Royal Dutch Shell (LSE: RDSB) are considered to be relatively safe investments. Unfortunately, Shell has been trying to go against this belief over the past year. During the past 12 months Shell has taken on three high-risk projects, all of which could cripple the company if […]

Shell to cut capital expenditure to adjust books for plunge in oil prices

By Jerin Mathew: July 20, 2015 Anglo-Dutch energy major Royal Dutch Shell plans to cut its 2015 capital expenditure, as the company looks to balance its accounts in light of a 50% decline in oil prices since June 2014. The Financial Times reported that Shell’s CEO Ben van Beurden is expected to outline the cut […]

FT: Shell Expected to Reduce Capex for the Year

by  Reuters| Monday, July 20, 2015 (Reuters) – Royal Dutch Shell, which is all set to acquire rival BG Group Plc, may cut its capital expenditure for the year by several billion dollars from the previously announced $33 billion figure, the Financial Times reported on Sunday, citing sources. A substantial cut to this year’s capital investment […]

Cold receptions for Shell in Lower 48 ports mean opportunity for Alaska

Frank Murkowski: July 19, 2015 A dynamic event is underway in Arctic Alaska today: one that, if successful, could have a profound effect on our state’s economy. Shell Alaska is preparing to drill for oil this summer in Alaska’s offshore continental shelf. To date, Shell has expended over $7 billion in gearing up for their effort. […]

Why Shell had the worst week ever

By Tony Dokoupil: 19 July 2015 This should have been one of Shell’s best weeks ever. Instead, it shaped up like the corporate equivalent of “The Hangover Part III.” And a happy ending is nowhere in sight.  This was supposed to be seven-day stretch of toothy smiles, hearty back-slaps and healthy runs on the company’s stock […]

Barrow, a town divided over Shell’s drilling

Krista Langlois | High Country News: July 19, 2015 BARROW — As Royal Dutch Shell’s massive drill rig, the Polar Pioneer, chugs its way up the Alaska coast, the 4,700 residents of America’s northernmost town was focused on a different event: the annual Nalukataq festival, in which the entire community shares in the bounty of a […]

Activists Gather At Goleta Beach To Protest Arctic Drilling

Alys Martinez, KEYT – KCOY – KKFX Reporter, [email protected]: 18 July 2015 GOLETA, Calif. – Activists gathered at Goleta Beach Saturday to protest Shell’s plans to drill for oil in the Arctic Ocean. We’re here because Shell is threatening to drill in the Arctic and we need to say “Shell no!” said Becca Classen of Food […]

Kayactavists Prepare For Shell Icebreaker To Arrive In Portland

by Amelia Templeton OPB | July 18, 2015 Climate change activists in Portland are planning to take to the water in kayaks to engage in civil disobedience when an ice-breaking vessel working for the Royal Dutch Shell oil company arrives at a local dry dock for repairs. The ship, the MSV Fennica, is part of the fleet […]

Bozeman’s Arctic Ocean Day of Action protests drilling in Arctic

BY LEWIS KENDALL Chronicle Staff Writer Paddling protesters took to local waters Saturday in an effort to protect the remote seas of the Arctic. A handful of activists floated in kayaks on Hyalite Reservoir holding signs that read “Shell No” — a reference to oil and gas company Royal Dutch Shell, which, after receiving the federal […]

Shell-contracted drillship begins final Arctic journey

Jul 17 2015, 16:39 ET | By: Carl Surran, SA News Editor Royal Dutch Shell (RDS.A, RDS.B) still does not have the final permits it needs to begin boring an exploratory oil well in the Chukchi Sea north of Alaska, but today’s sendoff of the Noble Discoverer drilling rig suggests the company’s confidence that those […]

Shell expects oil price recovery to take several years

Ron Bousso, Karolin Schaps and Dmitry Zhdannikov, Reuters LONDON (Reuters) – Royal Dutch Shell expects oil prices to recover gradually over the next five years, with progress slowed by persistent global oversupply and receding Chinese demand growth. The Anglo-Dutch energy giant is betting on crude rising to $90 a barrel by 2020, a key assumption […]

Shell’s Arctic Drilling Adventure Is a Disaster Waiting to Happen

By Rebecca Leber: 15 July 2015 This month may mark the end of a decade-long saga that’s highlighted the lengths to which oil companies will go to drill in the Arctic—and the huge risks such endeavors entail. If everything goes according to plan, Royal Dutch Shell will soon bury its first drill bit into the […]

We are engaged, Shell says after Iranian deal

“Shell continues to comply with all relevant international sanctions” By Daniel J. Graeber DUBAI, United Arab Emirates, July 14 (UPI) — With a nuclear deal in hand, Royal Dutch Shell said Tuesday it’s exploring the “immediate and long-term” implication of an opening Iranian oil door. Representatives from the five permanent members of the U.N. Security […]

Shell to drop ‘Oil’ from its name? Um, no.

By Tony Dokoupil: 15 July 2015 It seemed like a hopeful sign of the times: News that Shell Oil might soon drop the word “oil” from its name. British Petroleum made a similar move not long ago, rechristening itself as BP, a company with a vision “beyond petroleum.” But alas, Shell is not changing its name. […]

Here’s How Shell Can Restart Its Tar Sands Projects In Canada

By: MICHEAL KAUFMAN Exploring for new oil has now become a difficult task for the oil majors. Oil and gas are now mostly situated in the deep-waters, Canadian tar sands and the Arctic waters where the cost of exploration and production is very high. These high costs coupled with the lower crude oil prices make […]

Shell’s damaged Arctic drilling support vessel will go to Oregon for repair

Shell’s damaged Arctic drilling support vessel will go to Oregon for repair Dan Joling | Associated Press: July 13, 2015 Shell oil company will send a damaged ship carrying equipment required for Arctic offshore oil drilling from Alaska back to the West Coast for repairs. Royal Dutch Shell PLC ‘s drilling schedule for two exploratory wells […]

City manager says repairs underway on vessel

City manager says repairs underway on vessel BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE Shell is being cautious on whether damage to an ice-handling vessel near Dutch Harbor will affect the company’s 2015 Chukchi Sea exploration. The 380-foot Fennica hit a submerged object, possibly World War II debris, while departing July 3 and was returned […]

Shell’s ice management vessel damaged in Alaska

Wed Jul 8, 2015 12:46am IST Royal Dutch Shell Plc’s icebreaker vessel Fennica returned to the Dutch Harbor in Alaska with a small breech in the hull, raising concerns about the company’s plan to resume drilling in the Arctic later this month. Shell said in June it plans to restart drilling for oil in the […]

Shell’s Arctic icebreaker damaged in Alaska

By Jennifer A. Dlouhy: 7 July 2015 WASHINGTON — Shell’s drive to resume Arctic drilling this summer has hit another speed bump, with the discovery of a hole in the hull of an ice management vessel meant to safeguard the company’s operations in the Chukchi Sea. The MSV Fennica was on its way from Dutch […]

Shell cleared to lift Brent Delta topside in one go

Worlds biggest ship, Pioneering Spirit, formerly a Nazi named vessel, the Pieter Schelte, is cleared to lift Brent Delta topside in one go 7 July 2015 Oil giant Shell is to press ahead with plans to remove the topside of the Brent Delta platform in a single lift after its decommissioning project was cleared by the UK […]

Not Deterred By Huge Risks, Shell Opts For Megaprojects

It is curious then that Royal Dutch Shell is not ready to give up on the huge complex oil project. It is only a few weeks away from starting to drill in the Chukchi Sea, a campaign that has cost the company somewhere in the neighborhood of $7 billion so far, with very little results […]

Shell Kicks off Grassroots Campaign against Crude Oil Theft in Ogoniland

6 July 2015 The Shell Petroleum Development Company of Nigeria Limited (SPDC) has kicked off the second phase of its grassroots campaign against crude oil theft and illegal oil refining activities in Ogoni land, Rivers State. The first phase of the campaign in 2014 reached over 7,000 community people from Eleme, Gokana, Khana, and Tai […]

Logistics and Lizards Disrupt Chevron’s Project Off Australia

Chevron agreed to share the cost with Exxon Mobil, Shell and three Japanese power companies, Osaka Gas, Tokyo Gas and Chubu Electric Power. “This is probably the last of the megaprojects for the oil companies for a while…” By A. ODYSSEUS PATRICK: JULY 3, 2015 SYDNEY, Australia — Getting anything to Chevron’s gas-processing plant on Barrow Island […]

Shell Arctic oil drilling to commence within weeks

…if the initial wells do not find oil, Shell will contemplate walking away from the region entirely. By Richard Anderson: Business reporter, BBC News: 3 July 2015 Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks. Thirty ships left Dutch Harbor in Alaska on Thursday […]

Royal Dutch Shell CEO Blames Saudi Arabia For Slowed US Shale Growth

Bidness Etc takes a look at how Saudi Arabia led to slowed growth of the US shale oil industry By: MICHEAL KAUFMAN: Published: Jul 2, 2015 at 9:37 am EST The Organization of Petroleum Exporting Countries (OPEC), led by Saud Arabia, usually monitors the crude oil supplies and prices prevailing in the market. The US energy […]