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Posts Tagged ‘Oil Sands’

Tar sands pipeline impact worries environmentalists

Golden Triangle Watchman Check out this article. Best believe, Shell is bringing the tar sands to Port Arthur as well…. April 14, 2011 Sherry Koonce The Port Arthur News BEAUMONT — BEAUMONT — A proposed pipeline project that would bring tar sands crude oil from Canada all the way to Gulf Coast refineries could pose [...]

Don’t trust Shell

March 30, 2011 By Andreas Späth Shell wants us to believe that in exploring for and extracting natural gas from underground layers of shale in the Karoo using the polluting and extremely water-intensive technique of hydraulic fracturing or fracking, they have all of our best interests as well as those of the environment at heart. [...]

Shell sees Athabasca expansion complete in Q2

CALGARY, Alberta, March 21 (Reuters) – Royal Dutch Shell Plc’s (RDSa.L: Quote) 100,000 barrel per day expansion of its Athabasca Oil Sands Project in northern Alberta will be fully ramped up in the second quarter, the head of the company’s Canadian unit said on Monday. Lorraine Mitchelmore, president of Shell Canada, said the expansion will [...]

Shell profits double to $18.6bn, boosted by high oil prices

The Telegraph Higher oil prices have helped doubled profits at Royal Dutch Shell this year, allowing it to steam ahead of rival energy giant BP. By Rowena Mason 8:08AM GMT 03 Feb 2011 The Anglo-Dutch company made profits of $18.6bn (£11.5bn) on a cost of supply basis – stripping out the effects of inventory changes. [...]

Shell Canada Insider Speaks Out

…huge potential for a large fire, explosion, or sending toxic H2S gas to atmosphere. Shell management knowingly operated like this, not wanting to sacrifice production for process safety… Recent Problems for Shell in Central Alberta Region of Canada BY A SHELL CANADA INSIDER Some background on me: I used to work at the Caroline Gas [...]

Horizon Oil Sands site in Canada shut down after blast

7 January 2011 An explosion and fire at the Horizon Oil Sands facility in Canada’s Alberta province has injured four workers and forced the site to suspend operations. The blast at the plant, owned by Canadian Natural Resources Ltd, ignited the upgrader, part of the plant that converts bitumen into synthetic crude. The company said [...]

Oil Sands Have Limited Local Impact on Health, Ecology, RSC Says

By Eduard Gismatullin – Dec 16, 2010 11:37 AM GMT+0000 Canadian oil sand production has limited impact on the local environment and population, while the government needs to increase regulation of the industry to keep up with expansion, an academy of scientists said. The Royal Society of Canada’s panel of experts couldn’t find “credible evidence” [...]

Groundwater contaminated at Shell Canada Oil Sands site

The leak is being contained in the 400-metre-by-400-metre pit, but a Shell spokesman has said the company doesn’t know what is causing salt water to seep from the bottom of the pit or how to stop it. Groundwater mapping urged to avoid more mine leaks By Andrea Sands, Edmonton Journal December 10, 2010 Alberta needs [...]

Your chance to quiz Shell boss Peter Voser

ft.com/energysource Next week, the person in the hotseat will be Peter Voser, the boss of one of the world’s biggest oil companies, Shell. This is your chance to ask him anything you want, from the controversy surrounding oil sands, to why Shell thinks gas is so important, to the prospects for drilling in the Gulf [...]

U.S. Deems Polar-Bear Habitat Critical, Posing Issue for Shell

NOVEMBER 24, 2010 By SIOBHAN HUGHES WASHINGTON—The U.S. Interior Department on Wednesday designated 187,000 square miles of offshore sea ice and other areas as critical habitat for polar bears, a move that could make it harder for Royal Dutch Shell PLC to begin drilling in Alaskan waters next summer. The Interior Department issued the final [...]

Shell Closes Book on 2004 Reserves Scandal as Claims Deadline Passes

By Fred Pals – Nov 5, 2010 8:06 AM GMT+0000 Royal Dutch Shell Plc, Europe’s largest oil company, will finally be able to turn the page of its reserves scandal when a deadline for investors to make claims passes today. Non-U.S. investors have until today to be part of the $352.6 million settlement, made after [...]

Dirty Oil

Senators raise concerns on oil sands pipeline By Ayesha Rascoe WASHINGTON (Reuters) – Nearly a dozen U.S. Senators on Friday raised questions about the need for a proposed $7 billion pipeline that they said will bring “dirty oil” from Canadian oil sands to U.S. refineries and significantly increase the country’s reliance on fossil fuels. The [...]

Shell profits flow faster as oil prices rise and new ventures deliver

Canadian oil sands field starts production and projects are planned in the Gulf of Mexico – where BP’s Deepwater disaster has so far cost Shell $115m Tim Webb: Friday 29 October 2010 Trucks carry loads of oil-laden sand in Alberta, Canada, where Shell has 13 projects scheduled to come on stream. Photograph: Jeff Mcintosh/AP Shell [...]

Royal Dutch Shell writes off $1B in oilsands assets

Royal Dutch Shell is assigning higher priority to its Carmon Creek in situ project near Peace River and its ongoing expansion at the Athabasca Oil Sands Project near Fort McMurray, said chief financial officer Simon Henry. Photograph by: BEN STANSALL, AFP/Getty Images CALGARY – Royal Dutch Shell is writing off about $1 billion in oilsands [...]

Shell Reports Increase in Profit as Oil Prices Climb

By Fred Pals – Oct 28, 2010 7:12 AM GMT+0100 Royal Dutch Shell Plc, Europe’s largest oil company, posted a 7 percent increase in third- quarter profit as a recovery in energy demand lifted oil prices. Net income rose to $3.46 billion from $3.25 billion a year earlier, The Hague-based Shell said in a statement [...]