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Posts from ‘December, 2013’

Corrib will cost €3.4 billion when completed

*”Over-Promise and Under-delivery”: TWELVE years behind its original completion schedule, the Corrib gas project’s costs have spiralled with €2.68 billion spent by December 2012.

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Aine Ryan: Tuesday, 31 December 2013 13:30

TWELVE years behind its original completion schedule, the Corrib gas project’s costs have spiralled with €2.68 billion spent by December 2012.

Reports in a number of national newspapers confirm that the bill for the project, which has been delayed due to a sustained community based campaign leading to a number of oral hearings and clashes with gardaí, will culminate in a €3.4 billion cost when completed by the end of next year.  That is four times the original projected cost. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Energy renaissance in the US

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Author: Frank Holmes*: 31 December 2013

One of the most notable stories of the year.

As we come to the end of 2013, it’s a good time to reflect on some of the biggest resources stories of the year. One that immediately comes to mind is the U.S. energy resurgence and its tremendous effect on oil and gas.

Only a few years ago, we were contemplating the supply constraints facing the petroleum industry, as many major oil fields around the world were declining in production. Now, with the disruptive technology in shale oil and gas, we may be looking forward to decades of drilling. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Brazil’s Petrobras Completes $1.6 Billion Oil-Field Sale

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December 30, 2013

RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro SA, or Petrobras, said late Monday that it had completed the sale of a 35% stake in an offshore oil field to partners Royal Dutch Shell PLC and India’s ONGC Videsh.

With completion of the deal, Shell raises its stake to 73%…

FULL ARTICLE

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Shell Completes Acquisition of Additional 23% Interest in BC-10 Project

Tuesday, December 31, 2013

Royal Dutch Shell plc announced Monday that it has completed the acquisition of an additional 23 percent interest in the Parque das Conchas (BC-10) project offshore Brazil for $1 billion.

Regulatory approvals have been obtained and Shell will now hold a 73 percent operating interest. The purchase is effective Jan. 1. Partner ONGC, previously holding a 15 percent working interest, will now hold a 27 percent working interest. This purchase is the result of pre-empting a third party’s bid for Petrobras’ 35 percent interest in BC-10. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell officials: Recent extension for cracker plant will likely be the last

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By Rachel Morgan [email protected]: Monday, December 30, 2013

Last week’s land option extension granted to Shell Oil Co. regarding the proposed $2.5 billion petrochemical plant in Potter Township will likely be the company’s last, Shell officials said.

But the company isn’t saying just how long this extension — its third — will be.

“The details of the extension are confidential,” Shell spokeswoman Kayla Macke said Monday. The first two extensions were each six months long.

FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Wake-up call to Shell India from a disgruntled retailer

Screen Shot 2013-12-30 at 10.44.02This is to get it to your notice what’s happening in Shell India. One of the worst management I have seen. Shell please wake-up and do save our retailer community in India. Some one please do exit-interviews of the retailers who have left and do justice to people who serve you. In India bribes are being taken and are being paid by the management in name of consultancy fees and incidental charges.

Introduction by John Donovan

Printed below is a comment received.  Given the length and content it seems appropriate to publish it as an article. Full contact information and related email correspondence with Shell has been supplied. The allegations suggest that Shell is continuing to ruthlessly exploit Shell petrol retailers/franchisees as it has done in other countries.

*Many years ago we conducted a series of ethical surveys involving up to 1500 Shell UK retailers and published the findings in whole page announcements in trade magazines such as “Forecourt News”. All of the sealed responses were opened and authenticated by an independent solicitor who supplied an affidavit testifying to the findings. If the allegations below have foundation, it appears that not much has changed. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Voser wisely abandons an unstable ship

I have bad news for Shell. A whistleblower who has major safety concerns with the Prelude flagship vessel destined for Australia, has supplied me with potentially explosive information. I am in possession of a considerable amount of internal information and photographic material. The person in question has been intimately involved in the project at a high level and is deeply concerned that warnings issued to Shell (and other parties) have been ignored and financial considerations are taking priority over safety issues. The whistleblower is very concerned about mismanagement and the alleged use of totally unqualified personnel.   

By John Donovan

Peter Voser could not wait to ease Jeroen van der Veer out of the top job at Royal Dutch Shell Plc.

He was full of enthusiasm and itching to implement his plans, which included making hundreds of Shell executives reapply for their own jobs.

Mr. Voser now has only days left as Chief Executive, with Ben van Beurden about to receive what he may view as a poisoned chalice.

Voser’s sudden decision to jump ship for a “lifestyle change”, announced several months ago, took many by surprise. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell paves way for share buyback in 2014

Screen Shot 2013-07-28 at 18.29.07The company has recently come under fire from major investors for allegedly not treating British investors on a par with Dutch shareholders. Shell cancelled a London event last year that provided a live TV link-up to its annual meeting in the Hague, angering British-based investors. Shell’s head of refining and marketing chief, Ben van Beurden is due to take over from Peter Voser as chief executive on January 1…

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By Andrew Critchlow: 27 Dec 2013

Royal Dutch Shell has said that it plans to continue with its share buyback programme in 2014.

Europe’s largest oil company by market value has already returned about $5bn (£3bn) to shareholders this year through the scheme.

In a stock market filing Friday the company said: “it has entered into an irrevocable, non-discretionary arrangement with an independent third party to enable the purchase of `B’ ordinary shares, for cancellation, during the period from 2 January 2014 up to and including 13 March 2014 which period includes the 2013 fourth quarter results close period.”

A spokesperson for Shell said that the announcement enables the company to extend its buyback scheme into next year, subject to board approval. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Dancing with the Kulluk

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Carey Restino: December 27th 2013

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A year ago, a handful of mariners from private vessels, U.S. Coast Guard crews, and those contracted to work for Shell Oil headed into a tremendous storm in an effort to save a buoy-shaped oil rig from grounding off Kodiak Island. The Kulluk, a Shell Oil drill rig that had been working in the Arctic, was adrift off the coast of Kodiak Island and the tug that had been pulling it had lost all engine power as it attempted to tow the rig from Unalaska to Seattle through a winter storm. Now, a year later, Shell is applying for permission to return to the Arctic in 2014. As federal officials review the application, the magnitude of the attempt to rescue the Kulluk has only been told in pieces. Here is one man’s story of that effort as the chief engineer aboard the responding Crowley tug Alert. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Keeps Option On Pa. ‘Cracker’ Site

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Company says it will finally begin construction preparation

By CASEY JUNKINS Staff Writer , The Intelligencer / Wheeling News-Register: December 27, 2013

WHEELING – Nearly two years after announcing intentions to bring a multibillion-dollar ethane cracker plant – and the thousands of related jobs – to Monaca, Pa. rather than to Ohio or West Virginia, Royal Dutch Shell is set to demolish structures at the Horsehead Corp. site.

Global oil giant Shell once again extended its option to purchase the 300-acre site along the Ohio River north of Pittsburgh, just as it did last December and again in June. This time, the company plans to pay for demolition and removal of the existing Horsehead zinc plant, with work scheduled to begin early next year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

The future of natural gas production in Groningen

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Shell’s NAM joint venture with ExxonMobil submits a revised production plan for the Groningen gas field in the Netherlands, after a 2012 earthquake in the nearby village of Huizinge. In August 2012, an earthquake with a magnitude of 3.6 on the Richter scale occurred in the village of Huizinge in the province of Groningen in the Netherlands. The local population experienced the event as prolonged and intense. The earthquake was the start of a series of developments that will culminate in a decision by the Netherlands’ Minister of Economic Affairs in early 2014 regarding a new plan for the production of gas in Groningen.

Posted 27 December 2013

Shell’s NAM joint venture with ExxonMobil submits a revised production plan for the Groningen gas field in the Netherlands, after a 2012 earthquake in the nearby village of Huizinge.

In August 2012, an earthquake with a magnitude of 3.6 on the Richter scale occurred in the village of Huizinge in the province of Groningen in the Netherlands. The local population experienced the event as prolonged and intense.

The earthquake was the start of a series of developments that will culminate in a decision by the Netherlands’ Minister of Economic Affairs in early 2014 regarding a new plan for the production of gas in Groningen. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Merry Christmas from John Donovan

The vast majority of people at Royal Dutch Shell are decent hard working individuals. I would like to wish them and all of the contributors and visitors to this website, a Merry Christmas and a Happy New Year

From John Donovan

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Woodside stake may be split if Shell sells out

Bankers say the holding is an obvious selloff candidate for incoming Chief Executive Ben van Beurden, who takes the job on January 1 and will offer strategy pointers on January 30 along with fourth-quarter results.

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LONDON Wed Dec 25, 2013 8:09am GMT

(Reuters) – Royal Dutch Shell’s (RDSa.L) 23.1 percent stake in Australian oil and gas group Woodside Petroleum (WPL.AX) is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said.

The holding, worth about $6.4 billion (3.9 billion pounds) and left over from Shell’s abortive attempt to acquire Woodside in 2001, has long been viewed as non-core to Shell.

This year, the Anglo-Dutch company promised to accelerate asset sales to reflate a narrowing cushion between cash inflow and investment spending. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Highlights of Marcellus Shale news in 2013

The biggest question mark for 2014 is whether Shell Oil Co. will continue to explore the possibility of building a huge natural gas processing plant in western Pennsylvania. In March 2012, Shell chose a possible site about 35 miles north of Pittsburgh for the so-called ethane cracking, or cracker, plant. Shell’s option to buy the site expires at the end of the year, but it could easily be renewed. Shell spokesperson Kimberly Windon said last week there’s no update on the plant.

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PITTSBURGH (AP) — The natural gas industry and environmentalists in Pennsylvania both had reasons to cheer and jeer in 2013 over the boom in Marcellus Shale natural gas drilling.

Environmentalists were heartened by a state Supreme Court ruling at the end of the year that rejected significant portions of industry-friendly legislation. The state’s highest court ruled that Gov. Tom Corbett’s administration had gone too far in passing a law that gives the industry the right to operate almost anywhere it wants to, even if local municipalities object. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Groningen Exxon/Shell gas field earthquakes rumble on

Screen Shot 2013-12-24 at 15.21.39The economic benefits of the gas produced by Groningen have been immense, but now some of the costs are becoming apparent. Rebuilding thousands of homes, and increasing the height of the dikes which protect Holland from flooding will be enormously costly – perhaps comparable to the Macondo disaster in the Gulf of Mexico that drove BP to the financial brink.

By John Donovan

On Monday 16 December a Dutch public service TV channel, NCRV, aired a documentary about natural gas drilling in Northwest Groningen by NAM, a joint venture company owned by Royal Dutch Shell and ExxonMobil.

The drilling is causing increasingly violent earthquakes.

A former engineer predicted in October 2013 that major earthquakes will soon occur.

“It’s only a matter of time before people will be injured or even die because of the earthquakes that afflict North Groningen says Adriaan Houtenbos in the NRC Handelsblad today.” (Translation)
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Gazprom, Shell Agree on LNG Plant Expansion

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Russia’s top natural gas producer Gazprom approved on Monday an expansion of the Sakhalin-2 liquefied natural gas (LNG) plant it co-runs with Royal Dutch Shell, bending to pressure from its Anglo-Dutch partner.

Gazprom said CEO Alexei Miller and Shell’s CEO Peter Voser had met in Moscow last Friday and had agreed to recommend that Sakhalin Energy operational company’s board discuss the design of the third line.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Don Marketing blockbuster promotions for Shell (images)

A promotional game devised for Shell by Don Marketing

A promotional game devised for Shell by Don Marketing

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SHELL MASTERMIND GAMEPIECE

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Don Redhead, Director of Don Marketing

Don Redhead, Director of Don Marketing

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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan
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