Posts Tagged ‘Dow Jones Newswires’

By James Herron

Published October 18, 2011| Dow Jones Newswires

PARIS -(Dow Jones)- Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels will prove to be a game changer for the offshore gas industry, said the company’s Chairman, Jorma Ollila Tuesday.

“This game-changing technology will substantially reduce the cost and environmental footprint of developing offshore gas fields,” Ollila said at the International Energy Agency’s Ministerial Meeting in Paris. read more

By Alexis Flynn

Published September 15, 2011 Dow Jones Newswires

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) may be prosecuted for the U.K.’s worst oil spill in a decade after Energy and Climate Change Secretary Chris Huhne confirmed an investigation into a 10-day leak from the oil major’s Gannet Alpha platform last month will be sent to Scotland’s public prosecutor.

“My department and the Health and Safety Executive have commenced investigations into the cause of the incident,” said Huhne, adding it would likely “take some months.” read more

“A prohibition notice was served on Shell July 1 over hydrocarbon release issues on the Brent C platform. The rig is currently ‘shut in’…

SEPTEMBER 14, 2011

LONDON (Dow Jones)–The U.K. offshore regulator issued Royal Dutch Shell PLC (RDSA.LN) with two warnings in July for safety incidents at its aged Brent Charlie platform in the North Sea, the Health and Safety Executive website showed Wednesday.

One of the warnings is a more serious prohibition notice, which indicates there is an elevated risk of injury, while the other is an improvement notice, which gives an operator a period of time to correct a potential risk. read more

The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to change the way it publishes information on leaks and other incidents, amid criticism of a lack of transparency around Royal Dutch Shell PLC’s recent spill at the Gannet Alpha platform.

By Alexis Flynn Published September 07, 2011 Dow Jones Newswires

ABERDEEN, Scotland -(Dow Jones)- The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to change the way it publishes information on leaks and other incidents, amid criticism of a lack of transparency around Royal Dutch Shell PLC’s (RDSA) recent spill at the Gannet Alpha platform.

“There has been pressure on us to be more transparent, there is more expected on this,” said Steve Walker, head of the Health and Safety Executive’s offshore division. “We could do it in a more attributable way.” read more

By London Bureau Published July 08, 2011 Dow Jones Newswires

LONDON -(Dow Jones)- Anglo-Dutch oil giant Royal Dutch Shell PLC will take lessons it learned from past negative experiences in Russia to aid it in future, Chief Executive Peter Voser said in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday.

When Shell was asked about its negative experiences in Russia, Voser said, “You learn from the past and do it differently in the future.”