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October, 2013:

Revised Corrib gas licence quashed by court

The revised licence for the operation of the Shell gas terminal at Ballinaboy, Co Mayo, has been quashed by the Commercial Court. In a setback for the Shell Corrib gas pipeline project…

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Updated: Tuesday, 15 Oct 2013 16:04

The revised licence for the operation of the Shell gas terminal at Ballinaboy, Co Mayo, has been quashed by the Commercial Court.

In a setback for the Shell Corrib gas pipeline project, the Environmental Protection Agency, which issued the licence last June, conceded in court that a Mayo man was entitled to an order quashing the licence because of defects in carrying out an Environmental Impact Assessment.

Mr Justice Peter Kelly granted the order to Martin Harrington of Doohoma, Ballina, Co Mayo, after the EPA said it was not opposing his challenge to the licence issued by the agency to Shell E&P Ireland. The EPA will also pay Mr Harrington’s costs. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The European refining industry is undergoing a shake-out as new entrants see opportunities

FINANCIAL TIMES

By Sylvia Pfeifer: Oil processing: A refined model: October 14, 2013 7:04 pm

Screen Shot 2013-10-15 at 15.34.59EXTRACT: The former Shell refinery is no longer lossmaking. Its first full-year of operation as a profitable entity was in 2011. So what does Mr Klesch know that Shell, Europe’s biggest oil and gas company by market capitalisation, did not?

FULL ARTICLE

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Shell CEO says shale gas to take longer to develop than expected

Screen Shot 2013-05-03 at 08.17.32Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale gas projects due to poor short-term results. Weak U.S. shale liquids production contributed to a $2.2 billion charge Shell revealed in August and was a key factor in its decision to abandon its goal to deliver 4 million barrels a day of production by 2017. Voser was also sceptical about the success of shale development elsewhere.

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DAEGU, South Korea | Tue Oct 15, 2013 1:42am EDT

Oct 15 (Reuters) – Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale gas projects due to poor short-term results.

Weak U.S. shale liquids production contributed to a $2.2 billion charge Shell revealed in August and was a key factor in its decision to abandon its goal to deliver 4 million barrels a day of production by 2017.

“We didn’t get the results which we were expecting to get in the shorter term and we will therefore have to develop this a little bit more before we can take benefits from it,” Voser told reporters on the sidelines of the World Energy Congress. read more

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Shell CEO says $100/barrel is ‘good value’ for oil

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By Eric Yep: 15 October 2013

Oil prices are likely to rise in the long-term as production costs escalate and a “good value” for oil is at around $100 a barrel, Peter Voser, Chief Executive of Royal Dutch Shell PLC (RDSB.LN), said Tuesday at an industry conference.

FULL ARTICLE

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Shell images file

Shell Memorabilia

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Screen Shot 2013-10-14 at 19.20.26 read more

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Norway orders review of $790 bln wealth fund

Screen Shot 2013-10-14 at 17.05.50 Reuters  |  OSLO  Last Updated at 19:54 IST

By Balazs Koranyi

OSLO (Reuters) – has ordered a review of its $790 billion wealth fund, one of the world’s biggest investors whose largesse helps underpin Norway’s generous social benefits, responding to concerns that the fund is unwieldy and its returns too low.

The government also in a regular review of the fund’s investment ethics ordered it to sell stakes in several companies due to ethical issues and expressed concern over investments in oil companies Royal Dutch Shell and Eni . read more

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SHELL TO SEA TENDER FOR IRISH OIL & GAS REVIEW

Screen Shot 2013-06-13 at 18.18.02Shell to Sea also gave an undertaking in the tender that it would “not be bribed, swayed or unduly influenced by the oil and gas giants”

News release – Issued by Shell to Sea
Monday 14th October 2013

SHELL TO SEA TENDER FOR OIL & GAS REVIEW

Shell to Sea have today submitted a tender application to the Department of Energy in response to Minister Pat Rabbitte’s call for expert advice to review the generous oil and gas terms that are currently on offer to oil & gas companies.[1]

The Shell to Sea tender undertakes to “initiate the most thorough, far-reaching inquiry yet into the fiscal regime governing resource extraction in Ireland, taking all voices into consideration and evaluating all available data”.  Shell to Sea stated that it would build on the work that had been published in its in-depth 44 page report entitled Liquid Assets, in which the 69 publically known prospects and discoveries were analysed. This report showed that energy companies estimate the potential fields could contain 21 billion barrels of oil equivalent. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Norway’s $790 bln fund to exclude 5 from investment list

The government has also asked the fund to include oil spills and environmental conditions in the Niger Delta as a consideration, but it did not put Royal Dutch Shell and Eni on observation, despite the recommendation of its Ethics Council.

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Oct 14 (Reuters) – Norway’s government has barred its $790 billion oil fund from investing in five companies due to ethical issues and placed another two on observation for environmental issues, the finance ministry said on Monday.

The fund, one of the world’s largest investors, will not be allowed to invest in WTK Holdings Berhad, Ta Ann Holdings Berhad, Zijin Mining Group, Volcan Compania Minera and Zuari Agro Chemicals Ltd .

The government has also asked the fund to include oil spills and environmental conditions in the Niger Delta as a consideration, but it did not put Royal Dutch Shell and Eni on observation, despite the recommendation of its Ethics Council. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Yes, Putin’s a brute, but it’s Greenpeace who are the biggest menace to our future

Of course, Greenpeace would never stoop to blackening the name of its opponents, would it? Or exaggerating? Or even making things up — all in the noble cause of ‘saving the planet’?

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By Dominic Lawson: PUBLISHED: 23:01, 13 October 2013

Greenpeace, the world’s biggest and most battle-hardened environmental campaigning organisation, is in a state of shock.

Last week, Russian investigators said that they had found ‘narcotic substances’ on board Arctic Sunrise, the Greenpeace vessel they seized after its crew had used it in an attempt to storm an oil rig of the state-controlled firm Gazprom. They added that the drugs included poppy straw, an ingredient for opiates. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s spill-response training in remote Alaska villages a first step for new company

Screen Shot 2013-01-11 at 20.09.51Federal regulators allowed the company to start drilling in two locations, but made it stop short of going deep enough to reach oil or gas, because all the spill-prevention equipment the company had promised wasn’t yet on site. But after the floating drill rig Kulluk snapped free of its tow and grounded in a New Year’s Eve storm in the Gulf of Alaska enroute to Seattle, Shell put Arctic drilling on hold for the summer season of 2013. With its drill rigs sent to Asia for repairs, Shell hasn’t said if, or when, it’s coming back to finish the job. Shell has already spent more than $5 billion on its endeavor.

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Alex DeMarban: October 12, 2013

An impoverished group of Northwest Alaska villages whose residents hunt walrus and seals to survive have banded together to form a corporation to capitalize on an economic boom on the U.S. side of the Arctic, should that day ever come.Most importantly, the fledgling Bering Sea Alliance wants villagers involved in whatever development occurs so it’s done responsibly. That includes being trained to respond to a spill, an increasing possibility with growing numbers of freighters steaming through the 50-mile-wide Bering Strait [3], gateway to the Arctic Ocean that the seven villages call home.”We wanted to leave nothing to chance as it related to the resources our villages depend on,” said Art Ivanoff of Unalakleet, the company’s chief executive and its only employee at the moment. “It’s marine life that sustains our villages and we’re trying to find a way to have the tools in the toolbox to respond to an incident if one were to occur.”

Hazardous materials workshop

The alliance has been pushing aggressively to let oil companies as well as state and federal agencies know it’s available to provide such things as emergency response services or manpower for a cleanup, he said.The group’s efforts will bear their first fruit early next week. Royal Dutch Shell agreed to sponsor a hazardous materials training workshop in Wales for 12 to 24 residents living in that village at the tip of the Bering Strait [4], said Ivanoff.The Netherlands-based oil giant is also interested in providing the training in the six other villages that, along with Wales, launched the alliance in August, Ivanoff said.Shell’s decision to pay for the three-day training could be a hopeful sign for Alaskans worried that the company will abandon the exploratory drilling they started in summer 2012, when Shell became the first company in two decades to punch into the U.S. Arctic Ocean seafloor.Federal regulators allowed the company to start drilling in two locations, but made it stop short of going deep enough to reach oil or gas, because all the spill-prevention equipment the company had promised wasn’t yet on site.But after the floating drill rig Kulluk snapped free of its tow and grounded in a New Year’s Eve storm in the Gulf of Alaska enroute to Seattle [5], Shell put Arctic drilling on hold for the summer season of 2013. With its drill rigs sent to Asia for repairs, Shell hasn’t said if, or when, it’s coming back to finish the job. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Is Shell’s Shocking Revelation Good News for Tesla?

Cats and dogs. Oil and water. Name any cliche about polar opposites and they have probably been used to compare the oil industry and electric vehicles. So, it seems almost impossible that an oil company would make the claim that electric vehicles will be the predominant transportation fuel, but Royal Dutch Shell (NYSE: RDS-A  ) is making that very claim.

Is Shell contemplating going into a new business? Are they playing some kind of Jedi mind trick on us? read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Does Shell Have a Spending Problem?

Screen Shot 2013-01-11 at 20.09.51Yet despite all this spending, some of Shell’s most capital-intensive projects have failed to pay off. Consider its operations in Nigeria, for instance, which have been beset by oil theft and vandalism that resulted in the loss of some 100,000 barrels of production per day in the second quarter, and its $5 billion oil campaign in Alaska, which has failed to produce any oil so far and was shelved  recently due to regulatory and environmental uncertainties.

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For the world’s largest integrated oil companies, times have been better. Lackluster share-price performance aside, the majors’ second-quarter earnings were quite disappointing across the board. Most found it difficult to grow production, despite shelling out record amounts of money.

The problem has been especially severe for Royal Dutch Shell (NYSE: RDS-A  ) , one of the group’s biggest spenders. Let’s take a closer look at the company’s capital spending program and whether or not it will pay off in the long run. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

US shale is a surprisingly unprofitable miracle

Screen Shot 2013-08-02 at 10.48.21FINANCIAL TIMES

Near outright admissions of error by chief executives, such as Mr Voser’s as quoted in the Financial Times, are far too rare, thanks to the bubbles of sycophancy in which most of them live.

Mr Voser commendably took responsibility in August for a $2.1bn writedown on the value of the company’s US shale assets…

SOURCE FT ARTICLE: By John Dizard: October 11, 2013 7:48 pm

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Conclusion of Irish Police Investigation into OSSL allegations

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Screen Shot 2013-08-28 at 00.03.05By John Donovan: Friday 11 Oct 2012

OSSL says that Garda Superintendent Thomas Murphy confirmed to them earlier today that he has completed his investigation of their allegations and that his findings are being referred to the Garda Síochána Ombudsman Commission.

There is some related speculation, based on claimed information from a Corrib gas project insider source, that Supt Murphy has found evidence that OSSL allegations are factually based and will be passing this on to the GSOC. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

PRICE MANIPULATION ARTICLES

Abengoa is the latest name to emerge in the probe that started in May with raids on the offices of energy news and price publisher Platts, Statoil ASA, BP Plc, Royal Dutch Shell Plc and Argos Energies to gather evidence of possible collusion in oil and biofuel pricing.

Abengoa Bioethanol Arm Raided in EU Manipulation Probe

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Abengoa SA (ABG), owner of continental Europe’s biggest bioethanol plant, said that it’s being investigated as part of the European Union’s antitrust probe into possible manipulation of oil and biofuel prices.

The company and its Rotterdam-based Abengoa Bioenergy Trading Europe unit were inspected over possible collusion to manipulate the Platts market-on-close process and exclude companies from the way prices are assessed, Abengoa said in a U.S. regulatory filing dated Oct. 4. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Tesoro oil spill: over 20,000 barrels seep into North Dakota wheat field

*At least they don’t blame oil thieves…if it can happen here, it can happen in Nigeria too…

Officials say the seven-acre spill, allegedly from a quarter-inch hole in the pipeline, has not contaminated any water sources

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  • theguardian.com,

More than 20,000 barrels of crude oil have spewed out of a Tesoro oil pipeline in a wheat field in northwestern North Dakota, the state health department said Thursday.

State environmental geologist Kris Roberts said the 20,600-barrel spill, among the largest recorded in the state, was discovered on 29 September by a farmer harvesting wheat about nine miles south of Tioga.

“The farmer was harvesting his wheat and started smelling oil,” Roberts said. “It went from there.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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