Royal Dutch Shell plc .com Rotating Header Image

Posts Tagged ‘Chukchi Sea’

Sad faces at Shell?

Last month, the suits over at Shell put on their sad faces and went to the White House to ask for more time to burn through another billion or two. I tell ya, these guys are gluttons for punishment. After eight years and more than $6 billion, Shell has come up completely empty on its […]

Drilling in Alaskan Arctic relatively easy said Shell VP before being fired

By John Donovan According to a recent article published by Bloomberg – Shell Seeks to Drill in Arctic in 2015, Defying Green Activists – Shell CFO Simon Henry, calling on all his vast experience as an accountant, voiced the opinion that it is not difficult to drill in the Arctic. His assessment is surprisingly similar […]

Shell also had a bad day in the US courts

By John Donovan Today’s headlines about Shell’s PR debacle arising from a case in UK courts about Shell’s lying, cheating, and related environmental crimes in Nigeria, have an echo in Shell’s failed machinations in the USA courts. Shell lawsuit against environmental groups ruled unconstitutional: LA Times On Wednesday, a federal appeals court called Shell’s legal strategy […]

Shell’s own goals in the Arctic: Over to you, Ann

US authorities say a desire to avoid taxes lead Shell to move an oil rig in rough seas in 2012, which lead to its grounding. Extract from an article published in The Sydney Morning Herald, 3 November 2014 When Ann Pickard says how sorry she is to be leaving the Westpac board after its shareholder […]

Shell’s Arctic Machinations

The environmental group Oceana has obtained a copy of a letter from Shell to the U.S. Dept of the Interior revealing that the oil giant is seeking to pause Shell’s leases for five years. Approval would effectively extend the current drilling deadlines.  Shell’s plans to drill off the Alaska coast have already been heavily delayed […]

Arctic Drilling: a spectacular failure of good judgment by Shell

Kim Elton accuses Shell’s management of “a spectacular failure of good judgment” and points out that “Company managers ordered the Kulluk towed south through the winter-storm-lashed Gulf of Alaska before the 2013 new year — partly to avoid Alaska taxes.” By John Donovan Kim Elton, a former senior adviser to the U.S. Department of the […]

Royal Dutch Shell News Monday 29 Sept 2014

By John Donovan A selection of current news articles about Royal Dutch Shell from around the globe: Oil price fixing According to a Bloomberg article published by energyvoice.com, the UK is considering whether to criminalize manipulation of the world’s most-traded crude-futures market. Extract The UK is toughening the rules after the rigging of Libor and […]

ROYAL DUTCH SHELL PLC NEWS FRIDAY 19 SEPT 2014

By John Donovan Shell’s Arctic Drilling Plans  fuelfix.com has published an article about Shell’s latest plans for exploratory oil drilling in the Chukchi Sea, north of Alaska. The detailed article contains links to a document Shell has filed with the U.S. Bureau of Ocean Energy Management, a related federal court document and an exploration plan.  A lawyer […]

Shell shareholders can only wish that they had never heard of Alaska

By John Donovan Christopher Helman of Forbes has neatly summarised the misadventures of Royal Dutch Shell in Alaska… “Consider for a second the $5 billion misadventure that Royal Dutch Shell has had in Alaska. Here’s a quick recap: In 2008 Shell acquired the rights to exploration blocks in the Beaufort Sea north of the North […]

ROYAL DUTCH SHELL PLC NEWS TUESDAY 09 SEPT 2014

Analysts hint at merger of Shell and BP According to an article by Keith Findlay published by energyvoice.com: “Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.  Some of Shell’s big shareholders are said to be frustrated by […]

ROYAL DUTCH SHELL: Ice buckets, rust buckets and superbuckets

By John  Donovan According to the the Vancouver Observer, Shell CEO Ben van Beurden, has accepted the ice bucket challenge from Leonardo DiCaprio to oil sands executives.  The reputation of his predecessor as Shell CEO, Peter Voser, sunk after he faced and failed a challenge in the Arctic. Voser came spectacularly unstuck as a result of […]