Posts under ‘Peak Oil’

Bonus Group: More on Shell's proposed Upstream cost cutting. https://oilprice.com/Energy/Energy-General/Shell-May-Cut-Upstream-Oil-Operations-By-40.amp.html

Bonus Group: Perhaps time to clear out the Brazil Asset? https://uk.mobile.reuters.com/article/amp/idUSKCN26C0GI

Bonus Group: USA USA USA. BG Group was an Internet Cafe and Cappuccino Lifestyle company that could not get its ducks lined up in a row for the simple reason that it didn't know what a duck is. In consequence, its goose was cooked.

USA USA USA: @Bonus Group... Is it dirty... air and water emissions? health and safety conditions? government permissions? facilitating commissions? facility decommissions? corruption suspicions? sycophant ambitions? accounting omissions? that is all i have to say with respect to this petition... (please read it to the beat of Lizzo for the full effect...)

Bonus Group: 'Hiding behind NOVs for the dirty projects in Brazil and others.' Quote USA USA USA. For 'dirty projects in Brazil' read 'dirty tricks in Brazil'. This was the worst managed asset in BG Group, lurching from one lie to another and led by sociopaths. On the subject of dirty projects and hiding behind NOVs, BG Group's Western Delta Deep Marine (WDDM) gas fields in the Nile Delta used to produce 22,000+ BBL/Day of contaminated water which was tankered into the desert and dumped. How are Shell now disposing of that water now? It should be of interest to Greenpeace and to shareholders.

USA USA USA: It is very clear to most who understand how Shell operates, that it will try to be all things to all locations. We see it clearly in the greenwashing in the EU. The race for Arctic drilling, this time in Russia. Clean natural gas, like Prelude and Crux - only no one comments on the CO2 content of these fields that is vented into the atmosphere. Hiding behind NOVs for the dirty projects in Brazil and others. Hiding behind "contractors" and "suppliers" to avoid reporting fatal accidents on the books (like Pakistan / China / Singapore Nigeria / etc.) . It just one big PR exercise. the culture is make money at any cost... The petition is just more deception, any response will be simple lip service and highlighting how well the company listens to stake holders, while it continues to focus on just make money...

Bonus Group: petition. What a load of hot air and psycho-babble! You must have raised global temperatures by at least a couple of degrees through your post alone, not to mention the amount of Carbon Dioxide you have exhaled over your lifetime. But then because you are most likely Dutch, you think that just because Shell is listed as Royal Dutch Shell plc it is a Dutch company. Well it is not, it is a British Company listed on the UK Stock Exchange! Are you aware that Shell is not the oil and gas producing company on the planet contributing to carbon emissions? See: https://www.oilandgasiq.com/strategy-management-and-information/articles/oil-and-gas-companies Your faith in Shell as the sole company to lead the way in the development of Renewables is remarkable. On the one hand you criticise them for polluting the atmosphere through Carbon Dioxide emissions, but on the other hand you think that they should lead the way through energy transition at the expense of their shareholders and investors. The degree of ingratitude and hypocrisy expressed towards hydrocarbon producing companies such as Shell by so called Climate Change Activists, wearing synthetic fabrics, taking trains, planes and automobiles while living in centrally heated accommodation, is appalling. You do realise that without those companies you might not have survived birth, because your parents would have been living in a damp cave rubbing two sticks together while wearing animal skins? Like it or not hydrocarbons have enabled society to develop to where it is today and are a fundamental part of society. Hydrocarbons are not going away until they run out and they will become a lot more expensive before then. Regardless of whether or not you believe in Climate Change and man's contribution towards it, we all should be both seeking, and developing alternative forms of energy before the oil and gas run out and we return to living in caves. We should also be seeking to control all emissions and pollution, not just Carbon Dioxide. Those are the important points, not Climate Change. The Geological fossil record is littered with examples of past climate change. What next? Do we stop Continental Drift and Polar Wandering? Absurd.

LondonLad: That’s the trouble with these climate fanatics, they produce so much hot air they themselves heat up the planet. So many words when far less will suffice - people start falling asleep “petition” and don’t bother reading any key points. Shell and others are trying to respond to the issue and are key to the debate and the future targets. It’s not just left wing loonies that will solve this problem. By the way “petition” it’s been bloody cold here in the UK recently and this summer has not been a good one - a little bit more warmth is welcome as far as I’m concerned.

petition: TO: Shell

Take real steps to ending climate change, and commit not to send lobbyists to the UN climate talks in Paris this year. https://actions.sumofus.org/a/shell-dont-go-to-cop-paris

Tell Shell to take real action against climate change and not go to COP Paris

In a surprising turn of events, Shell's board of executives has officially endorsed a SumOfUs-backed resolution committing the company to take action against climate change.

Still, Shell is lobbying UN representatives to block any kind of real climate solutions in the run-up to the UN climate talks in Paris this year.

We can't let Shell's stated commitment to fight climate change be mere greenwashing. If Shell's executives are really serious about tackling climate change, then they have to stop meddling with the climate talks. And with Shell responding to our pressure for the first time, we're in a real position to force them to act.

Ask Shell to stop blocking real climate change solutions at this year's UN climate talks!

The UN negotiations are no place for fossil fuel lobbyists -- they are where global leaders, scientists and activists meet annually and decide on real climate action. Last year's talks in Peru collapsed in part because big polluters like Shell lobbied the UN climate committee and blocked resolutions simply because they affected their profit margins.

The stakes are very high at this year's talks in Paris. World leaders could finally reach a climate deal that reduces carbon emissions across countries and industries, so fossil fuel companies should not be allowed to obstruct the talks. Nevertheless, big polluters have asked the UN climate committee for even more delegates and a much bigger say in the talks.

If Shell's executives are real about climate change then it should stop meddling with UN climate negotiations.

Sign the petition asking Shell to take real steps to tackle climate change - pledge to keep your lobbyists away from the UN climate talks in Paris!

This shareholder resolution was partly brought by SumOfUs members who also hold shares in Shell. It commits Shell to reduce emissions, invest in renewable energy and remove bonus systems that promote climate-harming activities. This is an opportunity to pressure Shell to stop blocking real climate solutions and help save the planet.

It's easy to see this as a cynical PR move by Shell -- and it is that. But it also represents real, concrete commitments that Shell wouldn't have made without being under pressure. It's a small first step, but it's real progress.

That's why this is an opportunity to pressure Shell to do more. If we keep working, we can stop Shell from blocking real climate solutions and get the company out of official UN climate negotiations.

Big polluters like Shell offer lavish dinners, hold separate breakaway meetings with world leaders and negotiators, and host industry-sponsored pavilions during negotiations. All these tactics are designed to stop the UN climate committee from reaching a deal that puts the planet before profit.

We need real climate change solutions, and we need them now. 2014 was the hottest year on record, there is already serious water scarcity in the Global South and by the end of the century the earth is expected to warm by 4 or 5 degrees. Each degree is another death sentence for animals, ecosystems and our survival.

Now that Shell's board claims to support real climate action, we have a unique opportunity to ensure that Shell sticks to its word and doesn't send its army of lobbyists to meddle with the UN climate talks.

Tell Shell to get serious about its climate commitment and stay out of the Paris talks!

********* For more information:

Shell's letter to shareholders supporting special resolution on climate change, January 25th 2015.

The Climate Talks Find an Enemy at COP20: The Fossil Fuel Industry, Huffington Post, December 11 2014. Sign the petition

TO: Shell Take real steps to ending climate change, and commit not to send lobbyists to the UN climate talks in Paris this year.

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PRELUDE DEBACLE: interesting but also for me very depressing. My sole concern re Prelude from the start was not that it technically would fail to adequately produce with an eventual return on huge capital invested, after all Shell has a well-deserved record of being technically ahead of the game re LNG process design, my concern was that in risk terms it was much more risky a project with regards to health and safety of employees than the overegged statements made during its early development by folks who were either incompetent to understand offshore installations residual risks or were purposefully misleading propagandists re the true risk levels. Anyway, perhaps your definition of the project as a White Elephant will bear out, It would be difficult to wager otherwise, but I still have a diminishing hope that it will live up to its potential, but when.............................?

PRELUDE DEBACLE: From an Operations view point this recent extended stoppage must represent a world record for the restart of a hydrocarbon producing facility of any type after a power failure. Details remain sparse as to the root cause of the total power outage. As this included the emergency power supplies from all sources begs the question were all these systems recovery interlocks "live tested". In my experience there is always a great deal of reluctance to initiate a live shut down test with all overrides or inhibits of certain sections being prohibited. This is the only way to ensure all the sequential safety systems function as design and will expose any flaws or unexpected issues to be highlighted.

Bonus Group: More on Prelude: https://www.boilingcold.com.au/inpex-slashes-value-of-prelude-lng-by-a-third/amp/

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