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Posts Tagged ‘Oil’

Greenpeace campaigners considering protest at new Sevenoaks Waitrose

Extract from an article by Alex Drury published 14 April 2014 by Sevenoaks Chronicle Sara Ayech, the pressure group’s Arctic campaign spokesman told the Chronicle: “In 2012 Waitrose put a halt to plans to build stores on Shell forecourts. By partnering with Shell, Waitrose is endorsing Shell’s destructive quest for Arctic oil.” FULL ARTICLE

Ukraine Crisis Forces ‘Wait-and-See’ Approach to Arctic Oil

Extract from an article by Alan Neuhauser published 14 April 2014 by USNews.com “Wait and see” is the order of the day for western oil and gas companies that have partnered — or hope to partner — with Russia to explore the Arctic’s enormous energy reserves. And with good reason. As Russia, Europe and the […]

6 Horrible Oil Spills Since Deepwater Horizon That You Probably Didn’t Hear About

Extract from an article by Kristine Wong published 15 April 2013 by takepart.com Bonga Oil Field, Nigeria On Dec. 21, 2011, Royal Dutch Shell’s Bonga oil field in Nigeria leaked 1.24 million gallons of oil into the Niger Delta. The Guardian reported that satellite watchdog organization Skytruth posted photos indicating that the spill was 43.5 […]

Royal Dutch Shell plc Wasn’t Kidding About Cutting Costs.

Article by Arjun Sreekumar published 16 April 2014 by The Motley Fool under the headline: “Royal Dutch Shell plc Wasn’t Kidding About Cutting Costs. But Will It Pay Off?” The company recently sold off key downstream assets in Australia, including a major oil refinery and network of some 870 retail gasoline stations, due to weak […]

A piss up at Christmas time courtesy of Shell

Guardian/Observer Ed Vulliamy on Irish TV3: “And what worries me with this is okay this is the cops you know having a piss up at Christmas time courtesy of Shell and them unable to deny it.” Unofficial Transcript of a Vincent Brown interview of Ed Vulliamy broadcast 3 April 2014 during Tonight with Vincent Browne […]

Yet More Problems Hit the World’s Largest Oil Project

Extract from an article by Rupert Hargreaves published 16 April 2014 by The Motley Fool Simply put, H2S is eating away at the undersea pipelines, causing cracks and fractures. Gas needs to travel through these lines for the project to start production, and engineers can’t just patch the system up; the whole pipeline network may […]

Extractive industries: will they ever publish what they pay?

Extracts from an article by Oliver Balch published by The Guardian Tuesday 15 April 2014 Though corrupt regimes may be reluctant to disclose payments, progressive voices from the oil industry are making change happen. Oil giants such as Shell and Chevron have signed up to the Extractive Industries Transparency Initiative’s pro-disclosure guidelines, requiring them to […]

Greenland in transition

Extracts from an article by Nick Snow published 14 April 2014 by Oil & Gas Journal Greenland expects its oil, gas, and minerals to be crucial as it continues its gradual transition to independence, its first US representative said on Apr. 3. “We have begun developing our oil and gas,” noted Inuuteq Holm Olsen, who […]

Here’s Why Royal Dutch Shell is Walking a Dangerous Tightrope

Extracts from an article by Bob Ciura published 14 April 2014 by The Motley Fool Heading into 2014, new Chief Executive Officer Ben van Beurden set rigorous capital discipline as his firm’s top priority. Over the past few years, Shell was led on an ambitious growth strategy that involved several high-profile resource acquisitions. Many of […]

Head-to-Head: BP vs Royal Dutch Shell

Extracts from an article by Holly Cook published 14 April 2014 by MorningStar Investor sentiment on Shell today is decidedly negative after years of poor execution. Shell’s big shale bets have been a huge bust, crushing the profits and returns of its upstream operations in North America. This is likely to be a drag on […]

Louisiana Benzene Case against Shell settled

“Shell’s potential exposure to litigation throughout the US for benzene exposure claims may now be very significant – this could be a repeat of the asbestos claims of a few years ago.” Extracts from an article published 11 April 2014 by HarrisMartin.com under the headline: “Parties Remaining in Louisiana Benzene Case Scheduled for June 2014 […]

Kulluk Grounding: Miracle no injuries or loss of life

Article by Tim Bradner published 11 April 2014 by the Alaska Journal of Commerce under the headline: Coast Guard: Tug engine failure blamed on water in fuel It is a mariner’s worst nightmare: At sea, in a bad storm, pulling a heavy load and working to keep control in a dicey situation. Then, all the […]

Only one in five global shale basins may succeed, Wood Mackenzie says

Extract from an article by James Paton published 8 April 2014 by WorldOil.com PERTH, Australia (Bloomberg) — Only one in five global shale regions may succeed in producing significant amounts of oil and gas as countries from China to Argentina seek to emulate the U.S. boom, said energy consultants Wood Mackenzie. Oil companies from Shell […]

Obama Administration Asks to Revise Environmental Impact Statement for 2008 Chukchi Lease Sale

Extract from an article by Carolyn Davis published 10 April 2014 by NaturalGasIntel.com The Obama administration, joined by Royal Dutch Shell plc, has asked an Alaska district court to allow the U.S. Department of Interior to revise an environmental impact statement (EIS) used to support the Chukchi Sea lease sale in 2008. The U.S. Court […]