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Posts under ‘Shell’

Kashagan delays mar outlook for Eni, Total and Shell

Extract from FT article by Guy Chazan published 20 July 2014 Three of Europe’s largest oil companies could take a $1.5bn hit to earnings as a result of delays to Kashagan, the $50bn oil project in the Caspian Sea that has been bedevilled by hold-ups and cost over-runs. FULL FT ARTICLE Copyright The Financial Times […]

Another serious shutdown at Shell Motiva refinery

Reuters article published Tue Jul 15, 2014 under the headline: “Damaged heater likely shut distillation unit at Motiva refinery” (Reuters) – A heavily damaged heater on a newly commissioned 325,000 barrel per day (bpd) crude distillation unit is the likely cause of a unexpected shutdown that may last up to five months at Motiva Enterprises […]

Prelude FLNG: A case of all your eggs in the one basket

Fourth in a series of articles by Bill Campbell, retired HSE Group Auditor, Shell International, about safety issues relating to the Shell Prelude FLNG project. Why Floating LNG is such a risky business venture It’s an old saying but it is one that is clearly understood, drop the basket and all may be lost. FLNG […]

Greenpeace’s Lego Video Aims To End Shell Partnership

Extracts from an article by Katherine Boehrer published by The Huffington Post on 7 July 2014 Greenpeace’s most recent video targets popular toy brand Lego for its partnership with Shell. Though it begins innocently enough, panning over a Lego winter wonderland full of polar bears, wolves and icebergs, the video takes a sinister twist when […]

Royal Dutch Shell Feeling the Pain

Extracts from a Motley Fool article by Rupert Hargreaves under the headline: “Did ExxonMobil Make the Right Decision About Europe?” Feeling the pain There’s no company that is feeling the pain more than Royal Dutch Shell (NYSE: RDS-B ) . Shell’s CEO, Ben van Beurden previously described the company’s refining sector results as “unacceptable.” It’s […]

Shell sails ahead without UK shale

Extracts from an article by Andrew Critchlow published in The Sunday Telegraph on 6 July 2014 Shale gas is likely to play an increasingly important role in powering Britain’s growth but don’t expect the country’s largest oil and gas company, Royal Dutch Shell, to help create a fracking-led energy revolution. Andrew Brown, director of upstream international […]

Legal panel to examine Garda misconduct allegations

By John Donovan The Irish Times has published an article under the headline “Legal panel to examine Garda misconduct allegations.” Extracts The Government has decided to hire seven barristers to examine as many as 220 outstanding allegations of Garda misconduct received from members of the public in light of the whistleblowers affair. The move came as […]

Rich hypocrite Jorma Ollila joins U.S. investment bank

By John Donovan Jorma Ollila, the departing Chairman of Royal Dutch Shell Plc., has joined a New York based investment bank, Perella Weinberg Partners. I can only assume that they are not concerned by the scandal of his failure to disclose ownership of a Luxembourg company worth €8.2 million. He admitted breaking the law,  but prefers to […]

Spot the Rooney in your portfolio

Extracts from a Motley Fool article by Harvey Jones published by The Yorkshire Post on 28 June 2014 under the headline: “Motley Fool: Spot the Rooney in your portfolio Tesco isn’t the only stock displaying Rooney-esque tendencies. Anglo-Dutch oil major Royal Dutch Shell has also been off the pace. First quarter earnings of $4.5bn were sharply down from […]

BP and Shell keep a watchful eye on events in Iraq

Extracts from a This Is Money/Daily Mail article by Rob Reed published 27 June 2014 under the headline: “BP and Shell keep a watchful eye on events in Iraq as violence continues to escalate in the region” The upward pressure on oil prices since terror group ISIS began its horrific offensive has been echoed by […]

LNG as a fuel carries with it many risks

Extracts from a MarineLink.com article by Joseph Keefe published 26 June 2014 under the headline: “Maritime Fuel of the Future: Training to an Uncertain Standard” First extract Despite its unquestionable allure, LNG as a fuel carries with it as many risks as it does answers to the problems it promises to solve. Second extract Separately, […]