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Posts Tagged ‘Royal Dutch Shell Plc’

Oil company bosses’ bonuses linked to $1tn spending on extracting fossil fuels

Bosses at the world’s big five oil companies have been showered with bonus payouts linked to a $1tn (£650bn) crescendo of spending on fossil fuel exploration and extraction over nine years, according to Guardian analysis of company reports. FULL ARTICLE Like this:Like Loading…

Chiara D’Angelo interview: Arctic activist who spent 66 hours suspended from anchor said nature inspired her to continue protest

ANDREW BUNCOMBE: NEW YORK: Monday 25 May 2015 Chiara D’Angelo interview: Arctic activist who spent 66 hours suspended from anchor said nature inspired her to continue protest The activist who spent 66 hours suspended from the anchor of an oil exploration vessel has said she took strength during her protest from looking at the wildlife surrounding her. […]

National Security, The Seattle Oil Rig, And Greenpeace’s Dirty Money

By Ron Arnold, Executive Vice President, Center for the Defense of Free Enterprise: 25 May 2015 National Security, The Seattle Oil Rig, And Greenpeace’s Dirty Money President Obama had it all wrong in his commencement address at the United States Coast Guard Academy in New London, Connecticut. He warned that climate change “deniers” endanger our national […]

Shell’s Arctic extraction to take decades before oil flows

Marvin Odum, Shell’s head of oil and gas production in the Americas, told the Financial Times that the company’s success or failure this year and next in making a significant discovery was critical for the future of Arctic oil development. FULL FT ARTICLE WITH WORKING LINKS. WARNS THAT PRODUCTION IS UNLIKELY TO COMMENCE UNTIL THE […]

Shell to drill in Alaskan Arctic with protesters in pursuit

Ten years after it first started acquiring new leases in the Arctic, and having spent almost $7bn, Shell has still not yet drilled a single well into oil-bearing rocks. A series of law suits, regulatory objections and its own mistakes have held it up. FULL FT ARTICLE WITH WORKING LINKS. SETS OUT SHELL’S 2012 DEBACLE […]

Fuel crisis worsens Nigeria’s power problems

WE UNDERSTAND FROM INSIDER SOURCES THAT THE INTERNAL NIGERIAN FUEL CRISIS DESCRIBED IN THIS PUNCH ARTICLE IS SEVERELY AFFECTING SHELL OPERATIONS, WITH POWER CUTS AND A LACK OF FUEL FOR VEHICLES.   MAY 25, 2015 : AKINPELU DADA, STANLEY OPARA, FEMI ASU AND GODWIN ISENYO  The current nationwide scarcity of refined petroleum products has reached […]

Ann Pickard, Shell VP for Arctic drilling, is not a safe pair of hands

“Having got its corporate fingers burnt once already, it is simply astonishing that the fate of Shell’s resurrected Arctic drilling campaign is being entrusted by Shell and President Obama to such an incompetent, unscrupulous individual, as Ann Pickard.” By John Donovan Ann Pickard replaced David Lawrence as Shell VP for the Arctic after Shell’s 2012 disastrous Arctic drilling fiasco, aptly described […]

Pair Chains Themselves to Shell Ship Near Seattle to Protest Arctic Drilling

BELLINGHAM, Wash. — Two people have chained themselves to a support ship that is part of Royal Dutch Shell’s exploratory oil drilling plans and currently moored in Washington state. Eric Ross of the Backbone Campaign said on Saturday morning that Matt Fuller joined student activist Chiara Rose in suspending themselves from the anchor chain of […]

Shell Shielded from Defamation Claim for Statements in Internal Investigation Reports

Friday, May 22, 2015 Last week, the Texas Supreme Court joined the majority of jurisdictions in holding that a company enjoys an absolute privilege when providing the Department of Justice (DOJ) with an internal investigation report containing statements later alleged by an employee to be defamatory. The decision in Shell Oil Co. v. Writt, __S.W.3d__ (Tex. […]

Chief of Shell’s Arctic drilling program searches for ‘the prize’

By Hal Bernton and Coral Garnick: Seattle Times staff reporters: Published 23 May 2015 Chief of Shell’s Arctic drilling program searches for ‘the prize’ (Ann Pickard, Shell’s executive vice president for the Arctic) Shell’s Ann Pickard says an offshore oil find in the remote Chukchi Sea could eventually yield 1 million barrels of oil daily, and she insists the […]

Activists damage habitat in Seattle bay during Shell oil protests

SEATTLE | BY ERIC M. JOHNSON: World | Sat May 23, 2015 2:00am BST Activists damage habitat in Seattle bay during Shell oil protests Photo Credit: REUTERS/JASON REDMOND Environmental activists who fanned out in small boats across a Seattle bay over the weekend in a protest over Royal Dutch Shell (RDSa.L)’s plans for Arctic oil exploration […]

U.S. Senators urge Obama administration to block Arctic oil drilling

Politics | Fri May 22, 2015  U.S. Senators urge Obama administration to block Arctic oil drilling When Shell lost control of a drilling rig that year it “put numerous lives at risk, including those of the Coast Guard crews” and those of 18 people on the rig… A group of 18 mostly Democratic U.S. senators […]

Shell CEO backs fossil fuels, climate change warnings -Guardian

Markets | Fri May 22, 2015 7:35pm EDT Shell CEO backs fossil fuels, climate change warnings -Guardian The world’s fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday. In an interview published in Britain’s Guardian […]

Woman chains herself to anchor of Shell support ship in Bellingham

MAY 22, 2015, BY Q13 FOX NEWS STAFF Woman chains herself to anchor of Shell support ship in Bellingham A woman has chained herself to an anchor of a Shell support ship in Bellingham Bay, Bellingham police say. She can be seen at left. BELLINGHAM — A woman has chained herself to the Arctic Challenger, a […]

Oil hunt raises risk of climate disaster

By Peter Husk: Saturday May 23, 2015 There’s an Alice-in-Wonderland quality about Royal Dutch Shell’s attitude towards the risks involved in its plan to drill for oil in the US Arctic. The decision has sparked protests in Seattle, where the Polar Pioneer, one of two rigs the Anglo-Dutch oil giant intends to use, is berthed. Shell […]

Shell boss endorses warnings about fossil fuels and climate change

Ben van Beurden, chief executive of Shell, acknowledges that we cannot burn all the world’s fossil fuel reserves without risking a breach of the 2C limit needed to prevent catastrophic climate change. Photograph: Bloomberg/Getty Terry Macalister and Damian Carrington: Friday 22 May 2015  read moreLike this:Like Loading…

Shell handpicked auditor to sign off on government’s Arctic drilling renewal

Rose Hackman in New York: 22May 2015 The Obama administration’s process for giving Shell the go-ahead for restarting its drilling in the Arctic lacked transparency and prevented an informed public response, environmental groups have warned. FULL ARTICLE WITH WORKING LINKS Like this:Like Loading…

SHELL CEO: WORLD ‘DESPERATELY NEEDS’ ALASKA OIL

Article by Demid Getik published 22 May 2015 by nltimes.nl  SHELL CEO: WORLD “DESPERATELY NEEDS” ALASKA OIL Alaska has large potential oil reserves that the world is going to demand in the future, Shell CEO Dick Benschop told AD. Oil in the region is increasingly difficult to recover, however, the company’s technological potential fits the challenge. There is […]

Out to Stop Shell’s Giant Oil Rig

Extracts from a Rolling Stone article by ANTONIA JUHASZ published 22 May 2015 Meet the Rappers and ‘Kayaktivists’ Out to Stop Shell’s Giant Oil Rig …several hundred people trying to disrupt business as usual for the world’s largest oil company… Their target, Royal Dutch Shell’s 400-foot-long, 300-foot-tall offshore oil rig, dubbed the Polar Pioneer, was just out […]

Why Shell’s $73 Billion Merger Could be Cheating Dividend Investors

By Adam Galas: May 21, 2015 Royal Dutch Shell‘s (NYSE: RDS-A  ) $73 billion buyout of BG Group (NASDAQOTH: BRGYY  ) would be the second-largest oil merger in history, but long-term Shell investors should be asking whether the company overpaid. In examining the terms of the deal, and what Shell plans to do with BG’s assets, I think […]

Dutch Court to Review Gas Output in Part of Groningen Field

By Isis Almeida and Elco Van Groningen: Published 21 May 2015 by Bloomberg.com A Dutch court will review natural gas production at a cluster of the Groningen field, Europe’s biggest, after earthquakes linked to extraction damaged buildings in the Netherlands’ most northern province. The Administrative Jurisdiction Division of the Council of State will review production at the […]

Shell CEO Defiant On Arctic Drilling

By Andy Tully: Posted on Thu, 21 May 2015 Royal Dutch Shell CEO Ben van Beurden says that whereas the Anglo-Dutch company is aware of the dangers that fossil fuels pose to the environment, it is also realistic and therefore determined to press ahead with plans to drill for energy in the Arctic. Addressing shareholders at […]

Setback for Shell’s proposed rail yard in Anacortes

Setback for Shell’s proposed rail yard in Anacortes By Seattle Times Staff: 21 May 2015 A Skagit County Superior Court judge Thursday dismissed a Shell Oil lawsuit that challenged an environmental-impact study of a proposed rail yard at the company’s Anacortes refinery. The ruling is another setback for Shell’s efforts to build the rail yard […]

Shell lays out its Arctic plans

Article by Jennifer A. Dlouhy published May 21, 2015 by The Houston Chronicle Shell lays out its Arctic plans Photo: Jennifer A. Dlouhy/Houston Chronicle SEATTLE – The executive leading Shell’s Arctic drilling program on Thursday outlined ambitions to drill new wells in the Chukchi Sea this summer, instead of returning to the one the company started three […]

Royal Dutch Shell, BP plc Oppose New European Oil Trading Regulations

By: MICHEAL KAUFMAN: Published: May 21, 2015  Royal Dutch Shell plc (ADR) (NYSE:RDS.A) has sided with oil rival BP plc (ADR) (NYSE:BP) in calling on European regulators to step back from enforcing tougher new capital requirements and increased disclosure measures pertaining to oil trading. The Markets in Financial Instruments Directive or Mifid II regulations are being […]

Oil Price Fixing

FROM A REGULAR CONTRIBUTOR Campaigns by or on behalf of Shell It’s interesting that we have campaigns (one fronted by BP, but backed by Shell, and the other fronted by Shell’s lawyers, de Brauw) which will have the effect of avoiding regulation of oil trading activities, and will also decriminalise fraud for companies in Holland. […]

AramcoShell.com: one of the most valuable domain names in the world?

Aramco Shell .com By John Donovan I own and operate many Shell related domain names including, for example, RoyalDutchShellPlc.com and RoyalDutchShellGroup.com, both of which Shell International unsuccessfully attempted to seize 10 years ago in proceedings via The World Intellectual Property Organisation. Depending on reaction to this article, I may put one of my domain names […]

Shell joins BP in calls against excessive oil trading regulation

May 20 2015 | By: Carl Surran, SA News Editor Shell joins BP in calls against excessive oil trading regulation Royal Dutch Shell (RDS.A, RDS.B) joins BP in calling on European regulators to refrain from imposing stricter capital requirements and greater disclosure measures on oil trading. Regulators would achieve undesired effects if companies and trading […]

This Growing ‘Green’ City May Be The Front Line In Climate Change Battle

Lynne Peeples: [email protected] This Growing ‘Green’ City May Be The Front Line In Climate Change Battle SEATTLE — “That doesn’t even look like a boat. How does it float?” Elizabeth Spence, 8, peered through a chain-link fence at a massive yellow drilling rig, newly docked a short stretch away. Her dad had brought her here on […]

Despite Seattle Protests Royal Dutch Shell Remains Defiant In Its Arctic Drilling Plans

By: MICHEAL KAUFMAN: Published: May 20, 2015 The protests against Royal Dutch Shell plc (ADR) (NYSE:RDS.A) plans to drill in the Arctic have been going on for days in Seattle. The city’s port has seen hundreds of demonstrators including environmental groups and city residents protesting on kayaks and canoes to oppose Arctic drilling, as well as […]

Shell, climate change and a question of reality

By John Donovan Royal Dutch Shell CEO Ben van Beurden is said to have lambasted fossil fuel critics at the Shell AGM yesterday, accusing them of ignoring reality. Two days earlier, Terry Macalister of The Guardian, who has always been scrupulously fair in his comments and reporting in relation to Shell, seemed to suggest that it is Mr […]

Sultan of Oman Spying On Shell

By John Donovan Interesting to read the allegations that the Sultan of Oman’s intelligence services are spying on Shell. More specifically, the local operations of Shell involving the JV company, Petroleum Development Oman (PDO). This information is unsurprising given the content of leaked secret cables from the US Embassy in Muscat published by WikiLeaks in December 2010, suggesting a degree […]

Sultan of Oman Spying On Shell Oil Oman

20 May 2015 at 11:42, Alastair Sloan Spy-tech firms Gamma and Trovicor target Shell Oil in Oman Extracts The Sultan of Oman’s intelligence services are spying on the local operations of British oil company Shell with the aid of controversial European tech companies, the Register has learned. Documents seen by el Reg reveal that the […]

Environmentalists score a little discussed big win in Arctic drilling plans

May 19 2015, 14:48 ET | By: Carl Surran, SA News Editor Environmentalists score a little discussed big win in Arctic drilling plans Environmentalists angered by the Obama administration’s approval of Royal Dutch Shell’s (RDS.A, RDS.B) broad plan for boring exploratory oil wells in the Chukchi Sea seem to have overlooked that they scored a […]

Shell vows to explore Arctic, rips environmental critics

May 19 2015, 12:53 ET | By: Carl Surran, SA News Editor Shell vows to explore Arctic, rips environmental critics Royal Dutch Shell (RDS.A, RDS.B) CEO Ben van Beurden vows that the company will press on with its campaign to explore the Arctic for oil this summer despite protests in Seattle, and dismisses claims that Shell is […]

Seattle protests influence John Kerry trade speech venue

CHRIS GRYGIEL, ASSOCIATED PRESS: May 19, 2015 Seattle protests influence John Kerry trade speech venue SEATTLE (AP) — Seattle officials told Secretary of State John Kerry he’d be better off avoiding the city to deliver a major trade speech because of ongoing protests over Arctic drilling that have drawn hundreds of activists on land and sea. […]

Why Shell May Get Less Than It Bargained For In BG Deal

By Andy Tully: Posted on Tue, 19 May 2015  Royal Dutch Shell’s $70 billion purchase of BG Group may not be as attractive as it once seemed. According to BG’s 2014 annual report, if British-based BG were to be taken over by another company, the government of Kazakhstan would have the right to buy BG’s 29.25 […]

Shell challenges facets of last license needed for Corrib project

Shell challenges facets of last license needed for Corrib project TUESDAY, 19 MAY 2015 Áine Ryan SHELL E&P Ireland has challenged facets  of nine conditions attached to the proposed revised Environmental Protection Agency’s (EPA) emissions licence for the Corrib gas project. The company is among seven other groups or individuals which have made  valid objections […]

Rotten Growth Prospect: Royal Dutch Shell Plc

3 Stocks With Rotten Growth Prospects: Royal Dutch Shell Plc, Tesco PLC And Centrica PLC By Royston Wild – Tuesday, 19 May, 2015 Today I am looking at three stock market terrors poised to endure extended earnings woe. Royal Dutch Shell Fossil fuel colossus Shell (LSE: RDSB) (NYSE: RDS-B.US) has grabbed the headlines again over […]

Shell agrees to sell its French LPG business

Posted on May 19, 2015 | By Jordan Blum Shell agrees to sell its French LPG business Royal Dutch Shell has agreed to sell its liquefied petroleum gas subsidiary in France for more about $520 million as the Dutch energy supermajor continues its efforts to sell off its LPG businesses worldwide. Shell, which is increasingly […]