Royal Dutch Shell plc .com Rotating Header Image

Posts Tagged ‘Oil’

Shell Arctic oil drilling to commence within weeks

…if the initial wells do not find oil, Shell will contemplate walking away from the region entirely. By Richard Anderson: Business reporter, BBC News: 3 July 2015 Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks. Thirty ships left Dutch Harbor in Alaska on Thursday […]

BP has finally settled Deepwater Horizon Case

Shares in oil giant BP climb on news it has finally settled long-running US court case over Deepwater Horizon explosion and oil spill Dudley dismissed market talk of a takeover of BP and said BP is ‘neither prey nor predator’. A clause in the settlement with the US means that if BP were sold to another […]

BP Pays Record $18.7 Billion to Settle Claims in Gulf Oil Spill

By Margaret Cronin Fisk, Laurel Brubaker Calkins and Del Quentin Wilber: July 2, 2015 1:13 PM BST BP Plc will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill. The payments will be spaced out over as long as […]

Obama administration delivers big blow to Shell’s Arctic drilling plans

Obama administration delivers big blow to Shell’s Arctic drilling plans By Jennifer A. Dlouhy WASHINGTON — The Obama administration delivered a major blow to Shell’s Arctic drilling plans on Tuesday, by ruling that wildlife protections bar the company from simultaneously boring two wells into the Chukchi Sea this summer. The decision will force Shell to […]

Shell goes ahead with giant Gulf of Mexico field after cost cuts

Shell goes ahead with giant Gulf of Mexico field after cost cuts Markets | Wed Jul 1, 2015 * Appomattox project set to start production by end of decade * Will be Shell’s largest platform in the region (Adds details, quotes, share price) By Ron Bousso LONDON, July 1 (Reuters) – Royal Dutch Shell has […]

Shell’s Arctic oil drilling plans hit by polar bears and walruses

Shell’s Arctic oil drilling plans hit by polar bears and walruses By Reuters: 12:32AM BST 01 July 2015 The Obama administration has dealt a setback to Royal Dutch Shell’s Arctic oil exploration plans, saying established walrus and polar bear protections prevent the company from drilling with two rigs simultaneously at a close range, as it had […]

Arctic oil rig departs Seattle-area port despite protest

Arctic oil rig departs Seattle-area port despite protest Tue Jun 30, 2015 1:33pm EDT (Reuters) – U.S. Coast Guard and police boats cleared a way through protesters in kayaks at a Seattle-area port on Tuesday so a drilling ship could head for the Arctic on behalf of Royal Dutch Shell. The Noble Discover is the […]

Shell oil rig leaves Everett, kayaking protesters detained

Shell oil rig leaves Everett, kayaking protesters detained By Jennifer Sullivan: Seattle Times staff reporter: 30 June 2015 An oil-drilling rig that was protested by activists in kayaks pulled out of Everett early Tuesday morning, and some of the kayakers were detained by the Coast Guard. Shell’s Noble Discoverer will join the Polar Pioneer to sink […]

U.S. activists to protest against Shell Arctic oil rig

U.S. activists to protest against Shell Arctic oil rig SEATTLE: 30 June 2015 U.S. environmental activists said they planned to protest on Tuesday against the launch of the second of two oil rigs central to Shell’s plans to drill for oil in the Arctic. The Washington state activists, who have staged frequent demonstrations over the […]

Shell says could begin Arctic oil exploration off Alaska in late July

Shell says could begin Arctic oil exploration off Alaska in late July SEATTLE/WASHINGTON | BY ERIC M. JOHNSON AND TIMOTHY GARDNER: Mon Jun 29, 2015 Royal Dutch Shell could begin drilling for oil in the Arctic off Alaska as early as the third week in July, when it expects sea ice to begin clearing, a […]

Sea ice could keep Shell away from the Arctic until mid July

Sea ice could keep Shell away from the Arctic until mid July Posted on June 29, 2015 | By Jennifer A. Dlouhy WASHINGTON — Thick sea ice could clog the site of Shell’s planned oil wells in the Arctic Ocean until late July, potentially shaving a week off the company’s already narrow window for exploratory […]

EFCC quizzes former minister, Etete, over alleged oil deal

EFCC quizzes former minister, Etete, over OPL 245 oil deal By Abosede Musari, Abuja on June 29, 2015 FORMER Minister of Petroleum, Dan Etete, was yesterday quizzed by the Economic and Financial Crimes Commission (EFCC) in continuation of an investigation that had been stalled for several years. A source told The Guardian that the former […]

Polar Pioneer arrives in Dutch Harbor for Chukchi Sea drilling

By Chris Klint, Senior Digital Producer, [email protected]; June 28, 2015 The first of two drilling rigs, scheduled to conduct exploratory drilling for Shell in the Chukchi Sea this summer, has arrived in the Aleutian Islands port of Dutch Harbor this weekend. The federal government has given Transocean’s Polar Pioneer, contracted by Shell, a green light to […]

Shell Heads for Alaska While Awaiting Final Drilling Permits

Shell Heads for Alaska While Awaiting Final Drilling Permits ANCHORAGE, Alaska — Jun 26, 2015, 3:42 PM ET By DAN JOLING Associated Press One Royal Dutch Shell offshore drill rig is headed to Alaska and a second is poised to leave, despite lacking final federal permits that would allow exploratory drilling and possible confirmation of […]

Shell’s Secret Sale of Oil, Gas Reserves In Bayelsa State, Nigeria

Shell’s Secret Sale of Oil, Gas Reserves In Bayelsa State, Nigeria “We just woke up one morning and started reading in the newspapers and the electronic media that our oil fields have been sold by Shell Petroleum Development Company Limited (SPDC) and acquired by an unknown company – Aiteo Eastern Exploration and production company limited…” […]

Shell Executives Visit Tehran for Projects If Sanctions End

by Javier Blas 24 June 2015 Royal Dutch Shell Plc executives have visited Tehran to discuss possible partnerships, the latest sign that the largest oil companies are serious about returning to Iran once a deal on the country’s nuclear program is done. The meeting with Iranian officials covered its outstanding debt to National Iranian Oil Co. […]

Shell flotilla begins assembling in Dutch Harbor

BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE: 24 June 2015 “Once again, Shell is up to their old tricks, deliberately ignoring federal regulations. We urge President Obama to cancel Shell’s lease and prevent them from drilling in the Chukchi Sea,” Dutch Harbor will be busy in the next couple of weeks as Shell’s Arctic drill […]

How the European Oil Industry Decided to Save the Climate

By Javier Blas: June 23, 2015 By the time the convention chat turned into action, Royal Dutch Shell Plc, BP Plc, Total SA, Eni SpA, Statoil ASA and BG Group Plc published an unprecedented open letter on climate change. Breaking with their biggest U.S. competitors, they announced their support for efforts to put a cost […]

Anchorage Residents Hold ‘Keep Shell Out of the Arctic!’ Rally

Anchorage Residents Hold ‘Keep Shell Out of the Arctic!’ Rally Kirby Spangler Jun 22, 2015 Anchorage, Alaska – Following weeks of demonstrations in Seattle protesting Royal Dutch Shell’s Arctic Drilling program, Anchorage residents gathered on the corner of Northern Lights and Minnesota at a local Shell gas station to join the international chorus speaking out […]

Then & Now: Launching a ‘Mind Bomb’ to save the Arctic

Then & Now: Launching a “Mind Bomb” to save the Arctic By Emily Hunter – 22 June, 2015  Staring out at the crashing waves of the Pacific Ocean, I feel a sense of past and present colliding. Forty-four years ago in these same waters off Canada’s west coast, my father Robert Hunter and a group […]

JPMorgan UK Strategic Growth fund sells Shell

By Eleanor Lawrie The JPMorgan UK Strategic Growth fund has sold out of Royal Dutch Shell as the oil and gas sector is hit by weak prices and disappointing earnings. read moreLike this:Like Loading…

Former Shell Worker Cites Unsafe Conditions on Oil Ship

Former Shell Worker Cites Unsafe Conditions on Oil Ship SEATTLE — Jun 19, 2015, 3:07 PM ET By MARTHA BELLISLE Associated Press A woman who was injured while working on one of Shell’s Arctic drilling support ships has filed a federal lawsuit saying the company compromised safety in its rush to drill for oil. Anita […]

Greenpeace protesters confront Shell Arctic drilling rig off B.C. coast

Greenpeace protesters confront Shell Arctic drilling rig off B.C. coast Royal Dutch Shell drilling rig left Seattle Monday en route to offshore oil drilling in Alaska Protests against Royal Dutch Shell’s Arctic drilling program continued Wednesday, with Greenpeace activists confronting the drilling rig off the coast of B.C. on its trip north from Seattle, Wash. […]

Shell Cleared For Exploration Off Nova Scotia

By Andy Tully: Posted on Wed, 17 June 2015 Shell Canada Ltd. is ready to begin exploratory drilling off the coast of Nova Scotia now that it has received conditional approval for the project from the country’s environmental minister. Canada’s Environmental Assessment Agency issued the decision the night of June 15 after the environmental minister, Leona […]

Low oil price hits $200 billion in mega-projects

* Ernst and Young say more project delays likely * Say at least 24 projects worth more than $1 bln put on ice By Ron Bousso LONDON, June 16 (Reuters) – Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to […]

Shell Arctic Approval Near as Regulator Sees No Show Stopper

Bloomberg.com article by Mark Drajem published 16 June 2015 Royal Dutch Shell Plc has received U.S. permission to disturb marine mammals as part of its plan to resume oil exploration off Alaska’s Arctic coast as it neared final sign-off from regulators to drill this summer. The last step in the process, approval of a specific drilling […]

As Shell moves toward Arctic, industry decries regulations

Article by Jennifer A. Dlouhy published June 16, 2015 by The Houston Chronicle As Shell moves toward Arctic, industry decries regulations Industry leaders and allies in Congress say red tape will discourage Arctic exploration WASHINGTON – Even as Shell Oil Co. gets closer to drilling new exploratory wells in Alaska’s Chukchi Sea, industry leaders and their congressional […]

Shell gets go-ahead for Shelburne Basin drilling project

Shell gets go-ahead for Shelburne Basin drilling project SHERRI BORDEN COLLEY STAFF REPORTER: June 15, 2015  Shell Canada has received the green light to begin exploratory drilling off the coast of Nova Scotia later this year. The project cleared its final regulatory hurdle late Monday when federal Environment Minister Leona Aglukkaq gave the company conditional approval. […]

Shell gets environmental ok for Canada offshore drilling project

Shell gets environmental ok for Canada offshore drilling project Markets | Mon Jun 15, 2015  Canada’s environment ministry on Monday said it had approved an East Coast offshore drilling project led by Royal Dutch Shell Plc, saying the exploration project was “not likely to cause significant adverse environmental effects.” The approval is contingent on the […]

Shell arctic oil rig leaves Seattle, met by protesters

Shell arctic oil rig leaves Seattle, met by protesters Michael Konopasek and Travis Pittman, KING 5 News: 15 June 2015 SEATTLE – The Shell Oil arctic drilling rig Polar Pioneer headed out of Seattle Monday on its way to Alaska but not before an attempted blockade by protesters in kayaks. Greenpeace says the Coast Guard […]

Kayak protesters detained after trying to stop Shell oil rig from leaving Seattle for Alaska

Kayak protesters detained after trying to stop Shell oil rig from leaving Seattle for Alaska By PHUONG LE Associated Press JUNE 15, 2015 SEATTLE — The U.S. Coast Guard says it has detained several protesters in kayaks who tried to block Royal Dutch Shell’s drill rig as it leaves Seattle on its way to explore […]

Iran Welcomes Shell, BP, Total and American Oil Companies

Iran Welcomes Shell, BP, Total and American Oil Companies Dr. Majid Rafizadeh Become a fan: President of the International American Council: 14 June 2015 “Royal Dutch Shell PLC, which owes the Islamic Republic an outstanding debt of more than $2 billion, has been talking about repaying Iran after the nuclear deal is signed, and consequently the […]

Shell wins two more permits for planned Arctic drilling campaign

Shell wins two more permits for planned Arctic drilling campaign By Jennifer A. Dlouhy: 13 June 2015 WASHINGTON — Shell has nabbed two more critical government approvals for its planned exploratory oil drilling in the Arctic Ocean this summer. The latest authorizations came from the Environmental Protection Agency, which is allowing Shell to discharge wastewater […]

Nigerian auditors find NNPC failed to remit $11.6 bil in LNG export revenue

Nigerian auditors find NNPC failed to remit $11.6 bil in LNG export revenue NNPC holds 49% equity in NLNG on behalf of the Nigerian government, with partners Shell (25.6%), Total (15%) and ENI (10.4%.) 11 June 2015 State-owned Nigerian National Petroleum Corporation has not remitted $11.6 billion in dividends and loan and interest repayments earned […]

First vessel in Shell Arctic drilling fleet arrives in Alaska

First vessel in Shell Arctic drilling fleet arrives in Alaska Abby Hancock, Reporter, [email protected]: 10 June 2015 ANCHORAGE — The first rig that is part of Royal Dutch Shell’s drilling fleet that will be used to explore Alaska waters for oil and gas reserves this summer arrived Wednesday in Dutch Harbor. The Arctic Challenger, an […]

Oil companies reach $345 million settlement with Quebec train crash victims

Victoria Young; 11 June 2015 A group of oil companies has come to an agreement with victims of the 2013 oil train derailment in Quebec, Canada. The train had been carrying 7.7 million litres of crude oil when it crashed, resulting in a massive spill and an explosion that killed 47 people. Royal Dutch Shell, […]

U.S. Ousts Russia as Top World Oil, Gas Producer

Article by Rakteem Katakey published 10 June 2015 by Bloomberg.com The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields. U.S. oil production rose to a record last year, gaining 1.6 million barrels a day, according […]

By Jane Fonda, actress, writer, and activist. The China Syndrome actress on the dangers of Shell drilling for oil In less than 30 days, Royal Dutch Shell wants to begin drilling for oil in the newly ice-free parts of the Alaskan Arctic. The company is ignoring the advice of engineers and scientists around the world […]

BP sees ‘tectonic shift’ in world energy production

BP sees ‘tectonic shift’ in world energy production Oil giant’s chief economist says energy consumption slowed dramatically last year as China cutback and Opec battled US shale drillers for supremacy of world markets By Andrew Critchlow, Commodities editor:10:00AM BST 10 Jun 2015 Global energy consumption slowed to its slowest rate of growth since the late […]

Anti-Arctic drilling activists arrested at Seattle harbor

By KOMO Staff Published: Jun 9, 2015 Anti-Arctic drilling activists arrested at Seattle harbor SEATTLE – Five activists opposed to undersea oil drilling off the north shore of Alaska were arrested as they continued their ongoing series of protests Tuesday morning, blocking a Seattle terminal where a Royal Dutch Shell arctic oil rig is being […]