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Posts under ‘Shell’

Irish oil/gas exploration debate

Extracts from an article by Mark Paul published by The Irish Times on 14 March 2014 under the headline: “One More Thing: Industry lobbyists plan to strike back at the slick campaign of Own Our Oil” They’re getting very strident on both sides of the oil/gas exploration debate as the review of licensing and fiscal […]

Shell cuts spending in U.S. to lower shale exposure

Extracts from a Reuters article by Karolin Schaps and Dmitry Zhdannikov published 13 March 2014 LONDON, March 13 (Reuters) – Royal Dutch Shell will cut spending by a fifth and lay off staff at its American exploration and production business, the company said on Thursday, in another sign that oil majors are struggling to profit […]

Shell to cut Americas upstream spending by 20 pct

Reuters article published LONDON, March 13 Thu Mar 13, 2014 3:14am EDT (Reuters) – Royal Dutch Shell said on Thursday it was cutting spending on American upstream by a fifth this year after it was impacted by losses in resources plays such as shale. “Shell is shrinking this portfolio and cost base, with 2014 spending […]

Shell on land buying spree near proposed Pennsylvania cracker plant

Extracts from an article by Rachel Morgan published on 10 March 2014 by TimesOnline POTTER TWP. — Shell Oil Co. has purchased another property near its proposed $2.5 billion petrochemical plant in Potter Township…  According to the Beaver County Property Assessment Records, the 5.49 acre property sold for $1.87 million. On Dec. 18, the oil […]

Little known key role of Michiel Brandjes in Shell reserves scandal

However, unbeknown to Van de Vijver, Michiel Brandjes (right), who was alarmed by the findings of the report, sent a copy to a New York law firm Cravath, Swaine & Moore. This meant that events were no longer in the control of Shell. Instead, Shell’s most sensitive issue since its close association with Adolf Hitler […]

Shell Oil Co. will pay $4 million to settle False Claims Act allegations

Extract from an article published by LAW360.com on 27 Feb 2014 under the headline… Law360, New York (February 27, 2014, 4:15 PM ET) — Shell Oil Co. will pay $4 million to settle False Claims Act allegations that it sought payments from a Massachusetts fund for hazardous waste cleanup at its gas stations while it […]

Shell chief points out European energy paradox

Extract from an article by By Diarmaid Williams published 24 Feb 2014 by PennEnergy Royal Dutch Shell’s head of gas power development believes Europe is self-sabotaging its own efforts to reduce greenhouse gas emissions by choosing a coal-renewables pathway, at the expense of gas-fired power. “At Shell, we call this the European energy paradox,” he […]

Shell Prelude FLNG: loss of containment of hydrocarbons almost inevitable

The revolutionary concept of offshore LNG installations (FLNG) is said to have economic and environmental advantages. A distinct disadvantage however is that the risks to health and safety of persons employed offshore on the LNG FPSO’s, such as Prelude, will be higher, when compared to onshore LNG plants of similar capacity, specifically the potential for […]

Irish Police Ombudsman Office Bugged by Irish Police?

By John Donovan Printed below are extracts from a BBC News article published today about allegations that an unknown party has been bugging the Irish Police Ombudsman offices. One intriguing  suggestion is that it was done by the Irish Police Force. There is also a suggestion of a French connection. Or it could be a […]

Sinister Events In Ireland

OSSL and their allegations of Police corruption by Shell in relation to the Corrib Gas Project seems to have become entangled is an extraordinary situation involving the Irish Police Force (The Garda) and the authority responsible for independently investigating such allegations, the Garda Siochána Ombudsman Commission. In November Garda Commissioner Martin Callinan issued an astonishing […]

Benchmark in Jeopardy

Straining to solve a problem that might be illusory, European regulators soon might create real problems by increasing the volatility of an important crude oil price marker. Worried that shenanigans might reach beyond financial markets, the EC expanded its proposal to encompass commodities, including oil. In May, the EC and European Free Trade Association Surveillance […]

Will Shell’s Prelude FLNG project be another white elephant?

It is to me an example where common sense has been put aside and the herd followed the leader ‘we need elephants’. I sincerely hope for Shell that Prelude does not turn out to be yet another white elephant. …this spirit of ‘Olympic targets, Moonshots, if you can think it you can do it’ has […]

Shrinking Giants: Royal Dutch Shell long list of abandoned projects

A total of $15 billion worth of assets are expected to be sold this year and next, including petrol stations in Australia, offshore production capacity shares in Brazil, pipelines and a host of other assets (link). Problem is that many of the projects were meant to boost production both upstream and downstream, which means that […]

Shell starts production from second Mars platform in deep water Gulf of Mexico

News and Media Releases Shell starts production from second Mars platform in deep water Gulf of Mexico 04 Feb 2014 Shell today announces it has begun production from the Mars B development through Olympus – the company’s seventh, and largest, floating deep-water platform in the Gulf of Mexico. It is the first deep-water project in […]