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Posts under ‘Shell Pennsylvania ethane cracker’

Ohio officials visit Beaver County to learn about Shell cracker plant

Officials in Belmont County, Ohio, are eagerly awaiting a final investment decision on a cracker plant that could be built there but, in the meantime, they are learning everything they can from local officials who’ve already been through the process. Officials in Belmont County, Ohio, are eagerly awaiting a final investment decision on a cracker plant that could be built there, but in the meantime, they are learning everything they can from local officials who’ve already been through the process. read more

Activist warns of cracker plant consequences

Mark Dixon discussed the hazards of having an ethane cracker plant close to Pittsburgh during a talk in the William Pitt Union Assembly Room Wednesday evening. (Photo by Issi Glatts | Staff Photographer)

Remy Samuels: Staff Writer: November 16, 2017

When Mark Dixon found out Shell Oil Company planned to build a petrochemical plant in nearby Beaver County, he immediately thought of the pollution and environmental devastation that would soon take place there. “It really pissed me off,” Dixon said. FULL ARTICLE read more

Shell to pay for cost of acquiring buffer property near cracker site

Shell Chemicals is in the process of paying for the acquisition of a piece of property that would serve as a buffer between the $6 billion ethane cracker plant in Potter Township and nearby industrial properties. Jim Palmer, president of the Beaver County Corporation for Economic Development, said CED is acquiring about 54 acres that sit between the Shell site and the BASF and NOVA Chemicals properties. The sale of the land, currently owned by the Lyondell Environmental Custodial Trust, is expected to close later this month. Palmer on Tuesday declined to disclose the sale price. FULL ARTICLE read more

Shell Says Yes To Free Cash Flow, No To Debt

Callum Turcan: Nov 15, 2017

Summary

  • Royal Dutch Shell generates free cash flow in Q3.
  • Outlook for Q4, even in light of impending capex increase, looks bright due to Brent rallying.
  • Over $10 billion in net debt reduction since the end of Q3 2016.
  • Overview of Q3 results and what to expect going forward.

Royal Dutch Shell (NYSE:RDS.A) (NYSE:RDS.B) has come a long way since it bottomed out in early-2016. Its latest earnings reportreinforced the notion that when Brent is trading in the $50s, Shell’s cash flow position becomes balanced. Cash flow neutrality is the key breakeven point for the industry in the current environment, as oil & gas giants need to show that they can cover capital expenditures and large dividends through organic means at realistic prices. Let’s check out how Royal Dutch Shell did in a low $50s Brent world, with an eye on organic cash inflows and outflows. FULL ARTICLE WITH CHARTS read more

Public Health Researcher Issues Dire Warning Over Proposed Ethane Cracker Plant

: 14November 2017

A public health researcher delivered a dire warning on Monday during a panel on the implications of the planned Royal Dutch Shell ethane cracker plant in Beaver County. “When we allow industry to get way out in front of public health and environmental oversight, we end up counting bodies,” said Dr. Brian Schwartz of the Geisinger Center for Health Research in Montour County. FULL ARTICLE

Shell Reports Emissions at Deer Park, Texas Facility

By Dan Molinski Dow Jones Newswires

Royal Dutch Shell PLC has reported above-normal emissions from its Deer Park, Texas, refining and chemical facility.

In a statement to the Texas Commission on Environmental Quality, Shell said that on Monday afternoon “a valve on the outlet of Coke Drum 5 failed, allowing the vessel to pressure up and relieve to the flare system. The pressure exceeded the capacity of the flare gas recovery system, allowing vents to be routed directly to the flare.” read more

Shell cracker project gets new executive leadership

Posted Nov 6, 2017 at 6:00 PM

POTTER TWP. — Shell Chemical’s ethane cracker plant project is about to enter an entirely new phase as main works construction starts at the Potter Township site, and with new construction comes a new leader. Hilary Mercer, a native of Manchester, England who has spent the last 30 years working for Royal Dutch Shell in a variety of roles, has assumed the role of vice president for the local Shell project. She replaced Ate Visser, who had served as vice president of the project since 2014. In that capacity, she will oversee all aspects of the project, from construction of the plant and safety issues to production and customer relations. FULL ARTICLE
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