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Woman chains herself to anchor of Shell support ship in Bellingham

MAY 22, 2015, BY Q13 FOX NEWS STAFF

Woman chains herself to anchor of Shell support ship in Bellingham

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A woman has chained herself to an anchor of a Shell support ship in Bellingham Bay, Bellingham police say. She can be seen at left.

BELLINGHAM — A woman has chained herself to the Arctic Challenger, a support ship for Shell Oil’s drill rig, in Bellingham Bay, the Bellingham Police Department confirmed Friday night.

She has been identified as Chiara Rose, a Western Washington University student.

“We have spoken with the ship, the Port and the female and will not be taking action to remove her,” a police spokesman said. “The ship is not leaving for several days and we will not risk resources or the female.”

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Oil hunt raises risk of climate disaster

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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 sees the risks in its plan as financial. Critics see a far worse threat to the world’s climate.

Another rig, the Noble Discoverer, is docked along the coast at Everett. Both vessels are expected to sail north to Alaska next month and start exploratory drilling in the Chukchi prospect, between the United States and Russia, in late July.

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Shell boss endorses warnings about fossil fuels and climate change

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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 CarringtonFriday 22 May 2015 

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Shell handpicked auditor to sign off on government’s Arctic drilling renewal

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Screen Shot 2015-05-19 at 18.39.24Rose Hackman in New York: 22May 2015

The Obama administration’s process for giving Shell the go-ahead for restarting its drilling in the Arctic lacked transparency and prevented an informed public response, environmental groups have warned.

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FULL ARTICLE WITH WORKING LINKS

SHELL CEO: WORLD ‘DESPERATELY NEEDS’ ALASKA OIL

Screen Shot 2015-05-19 at 18.39.24Article by Demid Getik published 22 May 2015 by nltimes.nl 

SHELL CEO: WORLD “DESPERATELY NEEDS” ALASKA OIL

Alaska has large potential oil reserves that the world is going to demand in the future, Shell CEO Dick Benschop told AD. Oil in the region is increasingly difficult to recover, however, the company’s technological potential fits the challenge.

There is an increasing need in the new sources of oil, said Benschop explaining the company’s decision to come to the state. “Annually, 4 percent of world supplies are consumed. We should therefore continue to invest in new supplies,” he said. “Alaska plays an important role in this.”

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Out to Stop Shell’s Giant Oil Rig

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Screen Shot 2015-05-19 at 18.39.24Extracts from a Rolling Stone article by ANTONIA JUHASZ published 22 May 2015

Meet the Rappers and ‘Kayaktivists’ Out to Stop Shell’s Giant Oil Rig

…several hundred people trying to disrupt business as usual for the world’s largest oil company

Their target, Royal Dutch Shell’s 400-foot-long, 300-foot-tall offshore oil rig, dubbed the Polar Pioneer, was just out of sight in Elliott Bay, behind the terminal building. In January, Seattleites learned Shell is planning to park the rig at their port for eight months of the year, when it isn’t drilling for oil in Alaska’s Chukchi Sea. Since then, a growing group of citizen-activists, elected officials and non-governmental organizations has been plotting ways to not only kick the rig out of the city, but also halt Shell’s Arctic drilling plans altogether. 

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Why Shell’s $73 Billion Merger Could be Cheating Dividend Investors

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By Adam GalasMay 21, 2015

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Royal Dutch Shell‘s (NYSE: RDS-A  ) $73 billion buyout of BG Group (NASDAQOTH: BRGYY  ) would be the second-largest oil merger in history, but long-term Shell investors should be asking whether the company overpaid. In examining the terms of the deal, and what Shell plans to do with BG’s assets, I think it becomes evident that some skepticism of this deal is warranted. 

Terms of the deal
BG stockholders will receive .4454 shares of Shell class B shares plus $5.94 per share in cash for each share of BG stock. The $73 billion price tag represents a 52% premium for BG Group, and if the deal is approved BG shareholders would own 19% of Shell when the merger is completed in 2016. 

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Dutch Court to Review Gas Output in Part of Groningen Field

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Screen Shot 2015-04-14 at 08.30.55By Isis Almeida and Elco Van Groningen: Published 21 May 2015 by Bloomberg.com

A Dutch court will review natural gas production at a cluster of the Groningen field, Europe’s biggest, after earthquakes linked to extraction damaged buildings in the Netherlands’ most northern province.

The Administrative Jurisdiction Division of the Council of State will review production at the Eemskanaal cluster before June, judge Peter van Buuren said at a hearing in The Hague Thursday. A request to suspend extraction in the area, which accounted for 5 percent of production from the Groningen field in the first four months of 2015, had been rejected on April 14.

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Shell CEO Defiant On Arctic Drilling

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Screen Shot 2015-05-19 at 18.39.24By Andy TullyPosted 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 Shell’s annual shareholder meeting in The Hague, Netherlands, on May 20, van Beurden scorned environmentalists’ outcry for individuals and institutions to divest their portfolios of companies that deal in fossil fuels. That won’t be possible until reliable alternatives are readily available, he said.

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Setback for Shell’s proposed rail yard in Anacortes

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Screen Shot 2015-04-13 at 16.04.38Setback 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 and spur line to handle oil trains bringing in Bakken crude from North Dakota fields.

In February, a Skagit County hearings examiner ruled that Skagit County should conduct a full-blown environmental study, rather than a shorter review. That decision was a victory for environmental groups that have challenged the facility, and called for a study of the potential effects of a major oil-train disaster as well as an examination of emergency resources for responding to a disaster.

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Shell lays out its Arctic plans

Screen Shot 2015-05-13 at 21.47.32Article by Jennifer A. Dlouhy published May 21, 2015 by The Houston Chronicle

Shell lays out its Arctic plans

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Photo: Jennifer A. Dlouhy/Houston Chronicle

SEATTLE – The executive leading Shell’s Arctic drilling program on Thursday outlined ambitions to drill new wells in the Chukchi Sea this summer, instead of returning to the one the company started three years ago.

Ann Pickard, Shell’s executive vice president of the Arctic, talked in depth to the Chronicle about the planned wells on a visit to the Transocean Polar Pioneer drilling rig.

While cranes heaved pipes, drilling fluids and other supplies onto the rig in the Port of Seattle, more than 1,400 miles away in Anchorage, some 400 people – boat captains, federal regulators and Shell officials – conducted a simulation to test how they would respond to an oil spill in the frigid Chukchi Sea.

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

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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 that aims at keeping charitable funds from investing in fossil fuels.

“The divest campaign, or Keep it in the Ground or the carbon bubble, ignore reality that 80 percent of the investment in the industry has to be done just to stand still to arrest decline. It is a red herring,” van Beurden told shareholders.

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

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By: MICHEAL KAUFMANPublished: 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 introduced by the European authorities, which will be applied in 2017. The regulations include capital requirement directive (CRD IV) the purpose of which is to mitigate systemic risks in the commodity, fixed income and equity markets.

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Oil Price Fixing

Screen Shot 2015-05-21 at 20.23.44FROM 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.

Both have been highlighted on your site in recent weeks.

Given the issues surrounding the banks’ manipulation of Libor and Forex, and the complaints by Total to the EU that Platt’s oil prices are not representative of the market, both of these proposals should be given very close scrutiny – the oil companies concerned cannot be trusted (any more than the banks) to exercise control of the market for their primary product.

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

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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 – aramcoshell.com up for sale, probably by auction.

It is potentially one of the most valuable domain names in the world.

Here is my logic for such an assertion: 

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Shell joins BP in calls against excessive oil trading regulation

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Screen Shot 2015-03-24 at 16.05.44May 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 houses were forced to follow stricter capital requirement rules or be limited in their ability to trade derivatives, Shell VP for trading Mike Muller says, seconding recent statements from BP trading division chief Paul Reed.
  • Both BP and Shell trading divisions employ hundreds of people and trade millions of barrels of oil and refined products every day, and Shell’s trading business will become even bigger when it finalizes its acquisition of BG Group.

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This Growing ‘Green’ City May Be The Front Line In Climate Change Battle

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Lynne Peeples[email protected]

Screen Shot 2015-05-20 at 22.31.27This Growing ‘Green’ City May Be The Front Line In Climate Change Battle

SEATTLE — “That doesn’t even look like a boat. How does it float?”

Elizabeth Spence, 8, peered through a chain-link fence at a massive yellow drilling rig, newly docked a short stretch away. Her dad had brought her here on Thursday evening to check out the latest addition to the Seattle waterfront and to add some local context to a current topic of study in Elizabeth’s third-grade class: climate change.

She was quick with her take on that day’s arrival of the first of Royal Dutch Shell’s Arctic fleet. More than two dozen Shell vessels, including another oil-drilling rig, are expected to make Seattle a home base between oil-exploration trips in the Arctic’s Chukchi Sea.

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Climate change a serious security threat, warns Obama

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President Obama has called climate change “a serious threat to global security” and heavily criticised climate change deniers.

In his strongest remarks on the issue yet, Mr Obama said climate change would “impact every country on the planet”.

The US president made his comments in a speech to students at the Coast Guard Academy in Connecticut.

He has previously identified climate change as a central issue for the remainder of his time in office.

Faced with strong opposition on the issue from Republicans and industry, Mr Obama used his speech to frame the threat in terms of national security.

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Despite Seattle Protests Royal Dutch Shell Remains Defiant In Its Arctic Drilling Plans

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By: MICHEAL KAUFMANPublished: May 20, 2015

The protests against Royal Dutch Shell plc (ADR) (NYSE:RDS.A) plans to drill in the Arctic have been going on for days in Seattle. The city’s port has seen hundreds of demonstrators including environmental groups and city residents protesting on kayaks and canoes to oppose Arctic drilling, as well as the presence of Shell’s rigs in Seattle waters. Shell wants to drill in the Chukchi Sea off Alaska.

On Tuesday however, Shell CEO Ben Van Beurden said that despite the ongoing protests, the company will proceed with its Arctic drilling plans this summer. He also rejected claims that Shell was using the Seattle port unlawfully, Reuters reports.

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Shell, climate change and a question of reality

Screen Shot 2015-05-18 at 09.56.22By 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 Van Beurden who is having a problem in relation to the reality of climate change. 

Extract from his excellent article “The real story behind Shell’s climate change rhetoric”

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Sultan of Oman Spying On Shell

Screen Shot 2015-05-20 at 13.34.05By John Donovan

Interesting to read the allegations that the Sultan of Oman’s intelligence services are spying on Shell.

More specifically, the local operations of Shell involving the JV company, Petroleum Development Oman (PDO).

This information is unsurprising given the content of leaked secret cables from the US Embassy in Muscat published by WikiLeaks in December 2010, suggesting a degree of hostility or unease towards Shell. 

The Sultan was at that time considering taking gas fields away from PDO  (34% owned by Shell) and awarding them to BG Group, or BP. 

The growing hostility towards Shell from within PDO Oman was the subject of an email I sent in 2011 to Mr Michiel Brandjes, the Company Secretary of Royal Dutch Shell Plc. 

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Sultan of Oman Spying On Shell Oil Oman

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Screen Shot 2015-05-20 at 13.34.0520 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 internal phone systems at Petroleum Development Oman (PDO) – a joint venture between the Omani government and various Western energy companies including Shell – have been tapped on behalf of the Sultan’s intelligence service. The work was carried out by two notorious European firms specialising in “lawful interception” of communications: Gamma International and Trovicor.

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Environmentalists score a little discussed big win in Arctic drilling plans

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Screen Shot 2015-05-19 at 18.39.24May 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 major victory in one respect.
  • The approval and newly proposed government mandates for Arctic oil development insist that Shell and other companies drilling in the region keep a second rig nearby to bore a relief well in case of a blowout, like the one that destroyed BP’s Gulf of Mexico well in 2010; Shell is being forced to shave off roughly a month of precious potential drilling days to leave time to bore a relief well in case of such an emergency.
  • Oil industry lobbyists fought the relief well requirement, at one point convincing a White House inter-agency review office that it is unnecessary and prohibitively expensive, but top Interior Department officials ended up winning out, insisting that it is essential to have all equipment on hand to act swiftly in case of an emergency at the remote, forbidding and often-frozen Arctic.

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Shell vows to explore Arctic, rips environmental critics

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Screen Shot 2015-05-19 at 18.39.24May 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 using the city’s port illegally.
  • But Shell’s annual general meeting today was dominated by questions and comments over the company’s environmental track record as well as its efforts to curb carbon emissions.
  • Van Beurden lambasted fossil fuel critics, saying that “carbon bubble” activists who argue that pension funds and major institutions should divest from fossil fuel companies “ignore reality.”
  • The CEO says the world faces an energy crisis unless investment into producing fossil fuels is maintained, as he foresees a dramatic increase in demand as 3B people emerge from poverty over the next few decades.

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Seattle protests influence John Kerry trade speech venue

Screen Shot 2015-05-20 at 08.58.36CHRIS 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.

Screen Shot 2015-05-19 at 18.39.24Port of Seattle spokesman Peter McGraw said State Department staffers had been looking at Seattle locations for Kerry to speak, including a downtown hotel. But McGraw said the Port advised the State Department to look elsewhere because of the Arctic drilling demonstrations.

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Why Shell May Get Less Than It Bargained For In BG Deal

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Screen Shot 2015-05-10 at 22.33.15By Andy TullyPosted on Tue, 19 May 2015 

Royal Dutch Shell’s $70 billion purchase of BG Group may not be as attractive as it once seemed.

According to BG’s 2014 annual report, if British-based BG were to be taken over by another company, the government of Kazakhstan would have the right to buy BG’s 29.25 percent share in a valuable Kazakh gas field, which so far has represented some 15 percent of the company’s total production and 9 percent of the $19 billion in revenue it made last year.

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Shell challenges facets of last license needed for Corrib project

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Shell challenges facets of last license needed for Corrib project

TUESDAY, 19 MAY 2015

Áine Ryan

SHELL E&P Ireland has challenged facets  of nine conditions attached to the proposed revised Environmental Protection Agency’s (EPA) emissions licence for the Corrib gas project. The company is among seven other groups or individuals which have made  valid objections to the revised licence.    

The objectors include a group of 64 residents from members of communities living in Rossport, Pollathomas and Glengad. Over the last decade, they say they have experienced ‘spills, sinkholes, light and noise pollution, changes to the land and the waters and breaches of regulations’.

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Rotten Growth Prospect: Royal Dutch Shell Plc

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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.

Screen Shot 2015-05-19 at 18.39.24Royal Dutch Shell

Fossil fuel colossus Shell (LSE: RDSB) (NYSE: RDS-B.US) has grabbed the headlines again over the past week after the US government gave the green light for drilling work off the coast of Alaska to begin during the summer. Although the region has long been considered the oil sector’s holy grail due to the billions of untapped barrels of oil sitting under the surface, Shell has already experienced production troubles in the Arctic and was forced to pack up work in 2012 following huge safety failures.

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Shell agrees to sell its French LPG business

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Posted on May 19, 2015 | By Jordan Blum

Screen Shot 2014-10-30 at 09.22.43Shell agrees to sell its French LPG business

Royal Dutch Shell has agreed to sell its liquefied petroleum gas subsidiary in France for more about $520 million as the Dutch energy supermajor continues its efforts to sell off its LPG businesses worldwide.

Shell, which is increasingly focusing on oil and liquefied natural gas with its planned acquisition of BG Group, said it is in exclusive talks to sell its subsidiary, France-based Butagaz LPG, to Ireland-based DCC Group, which largely focuses on LPG distribution throughout Europe.

Shell said it has a binding offer of 464 euros, or roughly $520 million, and that the detail should be finalized this year.

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Shell vows to explore Arctic despite Seattle protests

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Screen Shot 2015-05-19 at 18.39.24Shell vows to explore Arctic despite Seattle protests

BY RON BOUSSO: Tue May 19, 2015

Royal Dutch Shell will press on with a campaign to explore the Arctic for oil this summer despite protests in the port city of Seattle, chief executive officer Ben van Beurden said on Tuesday.

Hundreds of environmental activists have fanned out across the Seattle Bay in recent days to disrupt the Anglo-Dutch company’s rigs from entering the port en route to the Chukchi Sea off Alaska, saying drilling in the remote Arctic waters could lead to an ecological catastrophe.

Van Beurden however dismissed claims that Shell’s was using Seattle’s port illegally.

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SHELL CLUELESS IN SEATTLE

Screen Shot 2015-05-19 at 18.01.34SHELL 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 RIG THE HELL OUT OF SEATTLE. YOU ARE NOT WANTED THERE!!

AND ONE MORE THING, IF SHELL HAD ANY BRAINS, YOU WOULD AT LEAST BE BUYING STOCKS IN THE TESLA CORPORATION.

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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

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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 the Arctic Ocean, spokesmen say.

The violation notice issued Monday by the Seattle Department of Planning and Development said use of Terminal 5 by a massive floating drill rig was in violation of the site’s permitted use as a cargo terminal. The 400-foot Polar Pioneer and its support tug Aiviq must be removed from the terminal or Shell’s host, Foss Maritime, must obtain an appropriate permit, the city indicated.

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

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

By Andrew Critchlow, Commodities editor: 19 May 2015

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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 crisis unless investment into producing fossil fuels is maintained. This is because of there is likely to be a dramatic increase in demand as three billion people emerging from poverty over the next few decades.

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Shell Oil’s Cold Calculations for a Warming World

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Screen Shot 2015-05-19 at 08.51.06By McKENZIE FUNKMAY: 18 May 2015

Shell Oil’s Cold Calculations for a Warming World

“Shell screwed up,” said Ken Salazar, the interior secretary at the time.

Last week, when the Obama administration gave tentative approval to Shell Oil’s plan to return to the Arctic after its disastrous attempt to find oil there in 2012, I found myself thinking of a conversation I had several years ago with a man named Jeremy Bentham. A theater-loving Englishman, Bentham leads Shell’s legendary team of futurists, whose methods have been adopted by the Walt Disney Company and the Pentagon, among others.

The scenario planners, as they call themselves, are paid to think unconventional thoughts. They read fiction. They run models. They talk to hippies. They talk to scientists. They consult anyone who can imagine surprising, abrupt change. The competing versions of the future — the scenarios — that result from this process are packaged as stories and given evocative titles: “Belle Époque,” “Devolution,” “Prism.” Then the oil company readies itself, as best it can, for all of them.

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

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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 (RDS.A, RDS.B), BP, ConocoPhillips (NYSE:COP) and Statoil (NYSE:STO), according to a Financial Times analysis.
  • One of the biggest developments to be shelved, Shell’s Arrow liquefied natural gas plant in Australia, accounted for almost a quarter of the planned spending reduction.
  • Western Canada is suffering the most from the retrenchment, with nine Canadian oil sands projects pulled back, each ranging from $1B-$10B in planned expenditure, the analysis says.
  • According to Morgan Stanley, which looked at capex guidance for 2015 from more than 120 companies, investment is expected to drop by a quarter this year to $389B from $520B.

SOURCE

Latest on Royal Dutch Shell plc (RDS.A: Get latest price)

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Mon, May 18 Shell might have to sell BG “cash-cow” in Kazakhstan

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Shell’s Arctic oil exploration rig draws hundreds in protest at Seattle port

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Screen Shot 2015-05-19 at 08.51.06Rose Hackman in New York: Monday 18 May 2015

At least 200 Seattle environmental protesters blocked the entrance to a terminal in Seattle’s port on Monday where a massive Royal Dutch Shell drill rig is temporarily resting on its way to explore for oil in Alaska this summer.

The 400ft long, 355ft tall Shell rig, named Polar Pioneer, has witnessed at least three staged environmental protests since it arrived since it arrived in the port of Seattle on Thursday afternoon.

FULL ARTICLE

The real story behind Shell’s climate change rhetoric

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Screen Shot 2015-05-18 at 09.56.22The real story behind Shell’s climate change rhetoric

Terry Macalister17 May 2015 

…we reveal Shell’s pursuit of ever riskier reserves is at odds with its own forecasts for dangerous global warming

“Meanwhile, a recent, seismic corporate event put even greater distance between Van Beurden’s words and reality.”

FULL ARTICLE

Obama Seeks Oil Demand, Climate Balance With Shell Arctic Permit

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Screen Shot 2015-04-20 at 16.54.39Article 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 Alaskans, as I have, they feel like the President is shutting down the Arctic,” Robert J. Papp Jr., U.S. Department of State special representative for the Arctic, told a conference call Monday. “When you talk to the environmental groups, they feel the president is opening up the Arctic.”

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Arctic oil protesters rally at Seattle port where Shell rig is docked

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KING-5 TV, Seattle and Associated Press: May 18, 2015

Arctic oil protesters rally at Seattle port where Shell rig is docked

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SEATTLE — People protesting Arctic oil drilling marched Monday to the entrance of Terminal 5 at the Port of Seattle Monday, where a massive floating drill rig is parked on the waterfront.

Police say arrests are possible, but they expect the demonstration to be peaceful.

Port spokesman Peter McGraw says there are minimal operations at Terminal 5 on Monday “so there’s not much to block.”

The demonstration entered the street at 11 Avenue Southwest and Southwest Spokane Street after 7 a.m. Pacific. Protesters reached Terminal 5 just before 8 a.m.

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Protesters gather in Seattle to block access to Shell oil rig

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Screen Shot 2015-05-17 at 09.07.19Commodities | Mon May 18, 2015 6:23pm BST

SEATTLE | BY VICTORIA CAVALIERE

About 200 protesters gathered at the Port of Seattle on Monday to block access to a Royal Dutch Shell drilling rig headed for the Arctic this summer to resume exploration for oil and gas reserves.

Holding signs reading “Shell No” and “Seattle Loves the Arctic,” protesters gathered early to prevent workers from reaching the rig, one of two that Shell will store in Seattle before sending to the Chukchi Sea off Alaska.

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