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Shell: Motiva’s Port Arthur Refinery Restart to Take ‘Several Days’

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Published April 16, 2013 by Dow Jones Newswires

Motiva Enterprises LLC’s Port Arthur, Texas, refinery is in the early process of preparing units for restart, following an unexpected loss of power Sunday from its utility provider, said Kimberly Windon of Shell Oil Co., spokeswoman for the joint venture that operates the refinery.

“The refinery is safely progressing through a structured and planned restart sequence that will encompass several days,” Ms. Windon said.

The electrical malfunction resulted in a plant-wide shutdown of Motiva’s 600,000-barrel-a-day refinery and also of Valero Energy Corp.’s (VLO) 310,000-barrel-a-day refinery in the same area.

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Shell Warns of Environmental Cost of Oil Theft in Niger Delta

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Published April 11, 2013 by Dow Jones Newswires

Rising incidences of oil theft in Nigeria’s oil producing Niger Delta come at a significant environmental cost, Royal Dutch Shell PLC (RDSB) said Thursday.

In its sustainability report, the Anglo-Dutch oil major said its Nigerian unit, Shell Petroleum Development Company, or SPDC, experienced 137 spills as a result of sabotage and theft last year, with the volume of oil lost amounting to 3.3 thousand tons.

“This was an increase in both volume and numbers from 2011, as the scale of oil theft in Nigeria reached unprecedented levels,” it said in the report.

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Shell Says Energy Efficiency in Oil, Gas Production a Challenge

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By Sarah Kent: Published April 11, 2013 by Dow Jones Newswires

Royal Dutch Shell PLC (RDSB) said Thursday that maintaining energy efficiency in its oil and gas production will prove a challenge in coming years.

“We expect that maintaining the energy efficiency levels of recent years will be more difficult in the future as existing fields age and production comes from more energy-intensive sources,” Shell said in its 2012 sustainability report.

The Anglo-Dutch oil major said its energy efficiency record for oil and gas production, excluding oil sands and gas to liquids, worsened last year compared to the year before.

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Gazprom and Shell Agree Partnership in Arctic

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Published April 09, 2013 by Dow Jones Newswires

Russia’s natural gas monopoly OAO Gazprom (GAZP.RS) and the Netherlands’ Royal Dutch Shell PLC (RDSB.LN) have agreed to jointly explore and produce offshore hydrocarbon resources in the Russian Arctic, Gazprom said in a statement released late Monday.

The agreements cover the exploration and development of hydrocarbons in the Arctic shelf and confirm the companies’ partnership for the exploration and production of shale oil in the Khanty-Mansiysk region of Western Siberia.

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Shell, BASF Agree to Settle Brazil Contamination Case for $187 Million -Court

The Brazilian units of Royal Dutch Shell PLC and Germany’s BASF agreed to pay 370.8 million Brazilian reais ($187 million) to settle a lawsuit over suspected contamination at a now-shuttered pesticide plant, Brazil’s Supreme Labor Court said Monday.

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By Jeff Fick: Dow Jones Newswires: Published April 08, 2013

The Brazilian units of Royal Dutch Shell PLC (RDSB.LN) and Germany’s BASF (BASFR) agreed to pay 370.8 million Brazilian reais ($187 million) to settle a lawsuit over suspected contamination at a now-shuttered pesticide plant, Brazil’s Supreme Labor Court said Monday.

The completed settlement brings to a close a court dispute first initiated in 2007, when workers at the plant filed a court case after the discovery of low concentrations of a pesticide chemical in ground water and soil around the site of the Paulinia facility in the 1990s. Shell and BASF had previously said they had accepted a settlement proposed by the court as part of conciliation hearings.

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Shell Executive Managing Arctic Alaska Oil Program to Leave Company

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By Dow Jones Business News,  March 22, 2013, 03:14:00 PM EDT

By Selina Williams

LONDON–A Royal Dutch Shell PLC (RDSA, RDSA.LN) executive tasked with managing a controversial multi-billion-dollar oil exploration program in the U.S. Arctic Ocean that failed to complete any wells in last year’s short drilling season is to leave the company by “mutual consent” later this year.

According to a Shell spokesman, David Lawrence, executive vice president responsible for exploration activity in the Americas, is to leave Shell mid-year. The spokesman didn’t give details why Mr. Lawrence, who joined Shell in 1984, was leaving the company. Prior to his current post, Mr. Lawrence worked in exploration, development and strategy.

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Shell To Face Challenges Replacing Damaged Arctic Rigs

Royal Dutch Shell PLC’s plans to send its two offshore drilling rigs to Asia for extensive repairs will likely mean the cancellation of its second summer of drilling in the U.S. Arctic Ocean, unless it can find replacements fit to do the work – something that may prove to be a challenge.

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By Tom Fowler Published February 12, 2013 Dow Jones Newswires

Royal Dutch Shell PLC’s (RDSA) plans to send its two offshore drilling rigs to Asia for extensive repairs will likely mean the cancellation of its second summer of drilling in the U.S. Arctic Ocean, unless it can find replacements fit to do the work – something that may prove to be a challenge.

Rigs able to operate in harsh Arctic conditions are rare and even if found, would have to be modified and receive U.S. government blessing to operate in a remote and environmentally sensitive area in less than five months.

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Shell oil spillage in Niger Delta up 70 percent in 2012

Shell Spilled 26,000 Barrels Oil In 2012, Up 70% On Year -SPDC

Published January 24, 2013: Dow Jones Newswires

Shell spilled about 26,000 barrels of oil in the Niger Delta in 2012, up 70% from the previous year, according to data released this month from Shell Petroleum Development Company (SPDC) of Nigeria.

Last year’s 198 spills were due to bunkering or operational incidents, the data showed. Spills and pipeline sabotage can lead to force measures and loading delays.

SPDC has publicly reported oil spills annually since 1995, the company said on its website.

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Motiva Reports Compressor Shutdown at Port Arthur, Texas, Refinery – Filing

Published December 31, 2012 by Dow Jones Newswires

Motiva Enterprises LLC reported that a wet gas compressor at its Port Arthur, Texas, refinery experienced an emergency shutdown Saturday, according to a filing with the Texas Commission on Environmental Quality.

The company reported that charge rates were reduced to help stabilize operations for the restart of the compressor.

A spokesman for Royal Dutch Shell PLC couldn’t immediately be reached for comment.

Motiva is a joint venture between Shell and Saudi Arabian Oil Co.

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Shell to Invest $1 Billion Annually in China Gas Projects

Published November 20, 2012 by Dow Jones Newswires

Royal Dutch Shell PLC (RDSB) will invest around $1 billion annually in its upstream business in China to tap into the country’s surging natural gas demand, state-run newspaper China Daily reported Wednesday, citing the oil and gas giant’s chief executive officer.”There’s huge potential to come in terms of the natural gas market in China,” Peter Voser was quoted by the newspaper as saying.

Shell currently has two gas blocks in southwest Sichuan Province, which it operates in partnership with China National Petroleum Corporation.

The company has drilled 13 out of 21 planned wells in the Jinqiu block and will complete 21 by April 2013, the newspaper said. The Jinqiu project achieved first gas production last September and currently has a daily output of 110,000 cubic meters. Meanwhile, Shell is still assessing whether commercial development at the Fushun-Yongchuan block is viable, and drilling at the 15 wells could start by the end of 2012 or early next year, the report said, without elaborating.

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Shell Unit Sells Interest in Nigerian Oil Mining Lease for $567

“Shell are a bunch of cowards to walk away from 35,000 bopd. It would be better to optimise the fields and squeeze more out”: “Thank you Donovans for your site, it reminds me how good we were and how deep Shell has sunk.”

Dow Jones Newswires:Published November 09, 2012

Royal Dutch Shell PLC (RDSA.LN) Friday said its unit Shell Petroleum Development Company of Nigeria Limited (SPDC) has completed the assignment of its 30% interest in Oil Mining Lease 30 (OML30) in the Niger Delta to Shoreline Natural Resources Limited for a total cash proceeds of 567 million dollars.

MAIN FACTS:

-Divestment is part of the re-shaping of SPDC’s onshore portfolio and is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas business.

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Shell to Set Up Global Technology Hub in Bangalore

By Rakesh Sharma: Published November 08, 2012: Dow Jones Newswires

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