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Posts from ‘February, 2014’

Shell chief points out European energy paradox

Extract from an article by published 24 Feb 2014 by PennEnergy

Royal Dutch Shell’s head of gas power development believes Europe is self-sabotaging its own efforts to reduce greenhouse gas emissions by choosing a coal-renewables pathway, at the expense of gas-fired power. “At Shell, we call this the European energy paradox,” he told the conference. “But maybe that’s an understatement. It’s a European energy crisis.”

FULL ARTICLE

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Motiva oil refinery fire doused, no injuries reported

Extract from an article by David J. Mitchell and Ryan Broussard published 24 Feb 2014 by The Advocate

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shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Can New CEO Change Royal Dutch Shell’s Course?

Extract from article by Stephanie Link published by thestreet.com 24 February 2014

Screen Shot 2014-01-21 at 09.07.53Over the last several years the company has mismanaged its huge shale asset base, has had multiple cost overruns on key projects and continues to run an underperforming refinery business. Last year alone, Royal Dutch Shell’s operational issues in Nigeria, Iraq, Kazakhstan, Alaska, and the U.S. cost its earnings by $5.1 billion. So it’s not surprising that the stock massively underperformed its peers last year, gaining just 3.4% vs. the sector, which rose 14.1%. There is no doubt this company and the management team have a credibility problem. But that is about to change, in my view with a new CEO on board, Ben van Beurden. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Garda Corruption Allegations

Extracts from articles published by The Irish Times 24 February 2014

Claims on Garda corruption first made in 2008

Screen Shot 2013-08-16 at 11.17.48Allegations investigated at the time by GSOC and the Gard. The Irish Times understands that some of the allegations first raised by Sgt McCabe in May 2008 are contained in a dossier compiled by Fianna Fáil leader Micheál Martin and presented to the Government in recent weeks. The dossier also contains new cases. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Funding boost for Shell and SSE’s gas carbon capture plan

Extract from article by The Telegraph Energy Editor published on 24 Feb 2014

Plans to capture carbon dioxide emissions from a gas-fired power station in Aberdeenshire and bury them beneath the North Sea have won tens of millions of pounds in government funding. Ed Davey, the energy secretary, on Monday announces the funding for Royal Dutch Shell and SSE’s Peterhead carbon capture and storage (CCS) project, which would be the first commercial-scale gas-fired CCS plant. Shell’s UK chairman Ed Daniels, says that if Peterhead is successful it would “reinforce the UK’s leadership on responding to climate change and could act as a major boost to the CCS industry as a whole”. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Alaska North Slope communities divided as Arctic drilling delayed

Extract from article by Alex DeMarban published by AlaskaDispatch on 23 Feb 2014

Screen Shot 2013-01-11 at 20.09.51On one side of the rift are corporate leaders who have dashed off letters to The Arctic Sounder newspaper, bashing environmental groups that were on the winning side of last month’s decision by the 9th U.S. Circuit Court of Appeals. The court ruled the Interior Department had not properly considered the risks of offshore drilling before selling leases in the Chukchi Sea in 2008. The decision throws into question whether Royal Dutch Shell, already hobbled by its own mistakes during the 2012 exploration season, will forge ahead with its costly effort to drill off the Arctic coast. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell is top as global dividends breach $1 trillion

Extract from article by Harriet Dennys published by The Telegraph on 24 Feb 2014

Screen Shot 2014-02-10 at 16.29.29UK companies take three places in top ten dividend payers, with Shell in pole position. Energy major Royal Dutch Shell paid the highest returns to shareholders in 2013, in a year when global dividends broke through the $1trn barrier for the first time.

FULL ARTICLE

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Intrigue over unexplained sudden exit of Shell legal chief Peter Rees QC

Extract from article published 24 Feb 2014 by Legal Week under the headline: “Former Shell legal chief Peter Rees QC to return to private practice”

Screen Shot 2014-02-10 at 16.29.29One source close to the matter said: “Only three people at Shell know the reason behind his exit: Peter, Ben and (chief human resources and corporate officer) Hugh Mitchell. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Arctic Oil Still Seen Decades Away as Producers Balk at Costs

Extracts from an article published by Bloomberg News 23 Feb 2014

Screen Shot 2013-11-01 at 09.31.18Lundin Petroleum AB (LUPE), the Swedish explorer focused on Norway, said there won’t be any oil production in the ice-filled waters of the Arctic for at least 15 years because of technical and logistical challenges. Royal Dutch Shell Plc. (RDSA), Europe’s biggest oil company, in January again halted drilling plans off Alaska after a court ruled the area had been illegally opened to exploration. That followed a previous postponement after a series of technical mishaps in 2012, including the stranding of a rig. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Gazprom and Shell Sign for Third Train at Sakhalin II

Extract from an article published by The Maritime Executive 23 Feb 2014

Screen Shot 2014-02-10 at 16.29.29Sochi hosted today the signing of a memorandum-roadmap between Alexey Miller, chairman of the Gazprom Management Committee and Ben van Beurden, CEO of Shell. The document envisages the preparation of FEED documentation for the third LNG production train within the Sakhalin II project.

FULL ARTICLE

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell hits out at Brussels energy policy

Extract from FT article by Pilita Clark published 23 Feb 2014

Screen Shot 2014-02-10 at 16.29.29Royal Dutch Shell has launched a broadside against what it says is a “European energy crisis” that could drive a raft of new coal power plants across the continent at the expense of cleaner alternatives such as gas.

FULL ARTICLE

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Russia’s oil giant Rosneft, Shell to eye joint projects

Extract from an article published on 23 Feb 2014 by THE VOICE OF RUSSIA

Screen Shot 2014-02-10 at 16.29.29Russian state oil company Rosneft and Royal Dutch Shell will eye joint projects and draw up guidelines for future cooperation, according to Rosneft’s statement issued after a meeting of the companies’ chiefs Igor Sechin and Ben van Beurden on Sunday. The companies ruled out any conflicts of interest with joint projects of Shell and Russia’s gas giant Gazprom.

FULL ARTICLE

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Will Israel Become an Oil Giant?

EXTRACTS FROM ARTICLE PUBLISHED 23 July 2013 BY THEWORLDPOST

Dr. Harold Vinegar

Dr. Harold Vinegar

A tectonic shift is taking place in the global energy market: The rise of alternative sources of petroleum known as “unconventionals.” These hydrocarbons are derived from sources that would once have been technologically impossible to reach or exploit in a cost-effective manner. But technology is starting to overcome these difficulties, and it increasingly looks like the future of energy will be unconventional. And Israel may hold the key to one crucial part of it. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell Prelude FLNG: loss of containment of hydrocarbons almost inevitable

Screen Shot 2014-02-12 at 13.18.45The revolutionary concept of offshore LNG installations (FLNG) is said to have economic and environmental advantages. A distinct disadvantage however is that the risks to health and safety of persons employed offshore on the LNG FPSO’s, such as Prelude, will be higher, when compared to onshore LNG plants of similar capacity, specifically the potential for loss of life; …loss of containment of hydrocarbons is likely to occur on Prelude during its operational life, either through flaws in the design, human error or failure to inspect and maintain. It’s almost inevitable.  It’s only to be hoped that the consequences of these losses never reach their full potential. 

By Bill Campbell, Retired HSE Group Auditor, Shell International

Prelude FLNG turns conventional wisdom on its head

The revolutionary concept of offshore LNG installations (FLNG) is said to have economic and environmental advantages.  A distinct disadvantage however is that the risks to health and safety of persons employed offshore on the LNG FPSO’s, such as  Prelude, will be higher, when compared to onshore LNG plants of similar capacity, specifically the potential for loss of life. 

This article concentrates on the perfect contradiction that exists between managing risks on an onshore LNG plant when compared with floating LNG. Whereas onshore plants, handling hazardous substances reduce risk by physical separation, such separation, although attempted on Prelude would not be accepted onshore because the separation distances are inadequate.  Prelude will store high quantities of cryogenic hydrocarbon liquids on the installation.  The heat energy of the liquids is enormous.  This contradicts the £6 billion or so expenditure in the North Sea, post Piper Alpha, to do as much as reasonably practicable, to reduce the heat energy available so that escalation of hydrocarbon events are limited such that the Temporary refuge (TR), normally the Living quarters, and including escape routes to the TR and evacuation from it, will not be impaired within one hour to allow safe evacuation of the facility.  The frequency of TR impairment should be demonstrated to be no more than once in 1000 yrs.  It’s a high standard to achieve.  read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Irish Police Ombudsman Office Bugged by Irish Police?

By John Donovan

Screen Shot 2014-02-21 at 16.11.57Printed below are extracts from a BBC News article published today about allegations that an unknown party has been bugging the Irish Police Ombudsman offices. One intriguing  suggestion is that it was done by the Irish Police Force. There is also a suggestion of a French connection. Or it could be a Royal Dutch operation, bearing in mind that Shell is intently interested in an on-going investigation by the Ombudsman Commission of allegations Shell has corrupted the Irish Police Force. Shell has a long track record of using corporate espionage to gather intelligence. The Corrib Gas Project is already delayed by several years and is billions over budget. Some “Shell to Sea” activists have demanded that the original deal with Shell, agreed with corrupt Irish politicians, should be renegotiated. So there is a lot at stake.  read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell in $2.6bn Australia asset sale

Extract from BBC News article published 21 Feb 2014

Screen Shot 2013-12-22 at 19.09.52Oil giant Royal Dutch Shell has agreed to sell its Australian downstream business to oil trading firm Vitol for $2.6bn (£1.6bn). The sale includes Shell’s refinery in Geelong, 870 service stations, its bulk fuels and chemicals unit and part of its lubricants business. Recent disinvestments by Shell include the sale of refineries in the UK, Germany, France, Norway and the Czech Republic. The firm has also offloaded its downstream businesses in Egypt, Spain, Greece, Finland and Sweden. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.