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Posts Tagged ‘Gas’

EU warns U.S. it may respond swiftly to counter new sanctions on Russia

Alissa de Carbonnel: 26 July 2017

BRUSSELS (Reuters) – The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc’s energy security.

Sanctions legislation overwhelmingly approved by the U.S. House of Representatives on Tuesday has angered EU officials…

FULL ARTICLE

Shell shifts focus to chemicals and refining

Anglo-Dutch energy giant Royal Dutch/Shell is shifting its focus toward downstream operations like refining and chemicals and away from traditional upstream activities like exploring for oil and gas, the Financieele Dagblad said on Wednesday.

This shift is likely to become even clearer when the company publishes its second quarter figures on Thursday, the paper said.

Shell’s investment in exploration slumped to $157m in the first quarter of 2017 from an annual quarterly average of between $500m to $600m in recent years, the paper points out.  This is partly due to the group’s recent acquisition of the BG Group which has large deep-sea reserves off the coast of Brazil. read more

Report: Gas could be sidelined by renewables in parts of Australia

By Daniel J. Graeber: 26 July 2017

July 26 (UPI) — With Australia monitoring natural gas demand, a consultant group found gas-fired power could get squeezed out in parts of the country as renewables get cheaper.

FULL ARTICLE

Malaysia’s Petronas scraps $11.4-billion LNG project in B.C.

Malaysia’s Petronas has cancelled plans for an $11.4-billion liquefied natural gas terminal on the B.C. coast, a major blow to Canada’s efforts to become a global LNG supplier. READ MORE

In Australia, Shell signals new era for LNG

In Australia, Shell signals new era for LNG

By Daniel J. Graeber: July 25, 2017

July 25 (UPI) — The arrival of a floating liquefied natural gas facility off the coast of Australia signals a milestone for the region as an energy hub, Royal Dutch Shell said. The company’s Prelude vessel, its first-ever floating platform for LNG, arrived off the coast of Western Australia, after leaving its South Korean shipyard in late June. READ MORE

Shell willing to sell Iranian jet fuel in Persian Gulf

Royal Dutch Shell is interested in selling Iran’s jet fuel in international markets, the National Iranian Oil Products Distribution Company (NIOPDC) has said.

The company has held negotiations with Iranian officials, NIOPDC Managing Director Mansour Riahi said, adding if the talks yield positive results, Shell will be able to supply fuel not only at the Imam Khomeini International Airport (IKIA) but also in other areas.

“Shell is willing to ship fuel from Iran and sell it at airports in the Persian Gulf littoral states and neighboring countries,” he said. READ MORE read more

EU Divided on How to Answer New U.S. Sanctions Against Russia

BRUSSELS — European Commission preparations to retaliate against proposed new U.S. sanctions on Russia that could affect European firms are likely to face resistance within a bloc divided on how to deal with Moscow, diplomats, officials and experts say.

A bill agreed by U.S. Senate and House leaders foresees fines for companies aiding Russia to build energy export pipelines. EU firms involved in Nord Stream 2, a 9.5 billion euro ($11.1 billion) project to carry Russian gas across the Baltic, are likely to be affected. read more

US and EU on collision course over Russia pipeline sanctions

Ambrose Evans-Pritchard: 

Araft of top European companies will be forced to pull out of the Nord Stream 2 gas pipeline project with Russia or face crippling sanctions under draconian legislation racing through the US Congress.

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Groningen earthquakes: Shell trying everything to deny responsibility

Comment by a Dutch farmer in relation to the article The Abrupt Demise Of Dutch Gas

In this article, I miss the human rights factor, and the fact that governments are in the first place for the safety and protection of property of their inhabitants.

The current situation is that government and SHELL have completely destroyed many hundreds of beautiful historical farms and churches, and 100.000 houses in the area are severely damaged, to be destroyed as well in years to come if the gaz exploitations continues in Groningen.

After all the destruction in the area, the bill is for the home owner. The compensated value is only 95% after their house is damaged many times, and already half the value. read more

The Abrupt Demise Of Dutch Gas

Pipeline opposition to Shell Chemicals’ $6 billion ethane cracker plant in USA

By John Donovan

US local newspaper, The Beaver County Times has published several enthusiastic articles welcoming “Shell Chemicals’ $6 billion ethane cracker plant on the banks of the Ohio River” and all of the jobs that will be created.

Shell’s Corrib gas project in Ireland was welcomed on the same understandable basis by most of the Irish population.

There is another similarity; opposition on health and safety grounds to the laying of necessary pipelines.

Shell’s aggressive approach to the relatively few protestors at the beginning of the Corrib project built up resentment and significant determined opposition. Costs escalated out of control  and construction was delayed by a decade. Shell has just  cut its losses by exiting the entire project. read more

Shell Corrib Gas Irish Exit

Shell Oil recently left the Corrib gas field with losses of 2 billion: theJournal.ie: 18 July 2017 read more

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