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Posts Tagged ‘Gas’

Is Gazprom’s LNG Megaproject Doomed To Fail?

Viktor Katona: Oilprice.com April 4, 2020

The gas giant Gazprom is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the OPEC+ agreement and bringing about an unexpectedly low pricing environment for March 2020 within both the oil and gas segments. Having launched Power of Siberia to China, Gazprom is now intent on bringing Nord Stream-2 online before the end of the year, moving its own pipe-laying vessel from the Russian Far East to the Baltic region to deliver on all its major promises from the 2010s. Yet there is one project that has had significant problems starting up, combining in itself all the deficiencies of modern-day Russia. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

CNBC: Royal Dutch Shell reskills workers in artificial intelligence as part of huge energy transition

Susan Caminiti@SUSANCAMINITI KEY POINTS
  • Royal Dutch Shell is collaborating with Udacity to digitally train its workers in artificial intelligence.
  • This began long before the coronavirus pandemic and the company continues to use this training method.
  • The digital workforce skilling platform may become the training method of choice for a growing number of companies who need to keep employees up to speed in the weeks and months ahead.

Working at Royal Dutch Shell’s Deepwater division in New Orleans gives Barbara Waelde a front-row seat to how the right data can unlock crucial information for the oil giant. So when her supervisor asked her last year if she was interested in a program that could sharpen her digital and data science capabilities, Waelde, 55, jumped at the chance.

Since she began her online coursework, the seven-year Shell veteran has learned Python programming, supervised learning algorithms and data modeling, among other skills. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

upstreamonline: Prelude floating LNG giant still offline after two months

Prelude floating LNG giant still offline after two months

Shell working to address safety concerns and restart production on giant offshore LNG ship

2 April 2020 4:52 GMT UPDATED 2 April 2020 4:54 GMT

By Russell Searancke in Wellington

The Shell-led Prelude floating liquefied natural gas project off Western Australia continues to be offline nearly two months after production was shut down due to safety concerns.

FULL ARTICLE (SUBSCRIPTION REQUIRED))

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell surges as $12B credit facility boosts dividend hopes

|About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

Royal Dutch Shell (RDS.A +5.6%) opens with strong gains after saying it expects only a “relatively minor” impact from the coronavirus on overall demand for its oil products during Q1.

Shell sees oil products sales volumes at 6M-7M bbl/day for the quarter, compared with 6.5M bbl/day in the year-earlier period, with Q1 upstream oil and gas production estimated at 2.65M-2.72M boe/day, with margins affected by the weak environment.

The company says it has secured a new $12B credit facility as it seeks to safeguard dividends, which follows a $10B facility obtained in December, combining to boost available liquidity to more than $40B. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Reuters: Shell slows refining, takes up to $800 million hit after oil crash

Ron Bousso: MARCH 31, 2020

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) slowed refining output and will write down up to $800 million (649.46 million pounds) in the first quarter of 2020 after a dramatic drop in oil demand due to the coronavirus.

In an update ahead of first-quarter results, Shell said it expects “significant uncertainty” over oil and gas prices and demand as a result of falling consumption.

With the global lockdown of 3 billion people – roughly 40% of the world’s population – demand for fuel has been in free fall, forcing Shell to lower its refining output by around 13%. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell pulls out of U.S. Lake Charles LNG project, Energy Transfer delays FID

UPDATE 2-Shell pulls out of U.S. Lake Charles LNG project, Energy Transfer delays FID

Ron Bousso, Shradha Singh: MARCH 30, 2020 

* Energy Transfer delays FID from late 2020 to early 2021

* Shell relinquishes 50% stake amid spending cuts

* Decision comes after collapse in oil prices 

By Ron Bousso and Shradha Singh

March 30 (Reuters) – Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the recent crash in oil and natural gas prices that has forced the company to make deep spending cuts.

Energy Transfer LP, which was developing the project with Shell, said it remains focused on the commercial development of Lake Charles and is working toward making an early 2021 final investment decision (FID) to build the plant. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Rule 19.6(b) update to stated post-offer intention statement with regard to the combination with BG Group plc

Rule 19.6(b) update to stated post-offer intention statement with regard to the combination with BG Group plc

| Source: Royal Dutch Shell

The Hague, March 23, 2020 – The following announcement is being made pursuant to the requirements of Rule 19.6(b) of the City Code on Takeovers and Mergers (the “Code”), which, inter alia, require a party to an offer, save with the consent of the Panel on Takeovers and Mergers, to promptly make an announcement should it decide to take a course of action different from its stated intentions during the period of 12 months or such longer stated period from the end of the offer period explaining its reasons for doing so. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell E&P purges contempt in Erris land proceedings

MONDAY, MARCH 16, 2020

Shell E&P purges contempt in Erris land proceedings

Shell E&P Ireland – the former operator of the Corrib Gas project – has been deemed to have purged its contempt of a district court order.

Civil proceedings initiated by Monica Muller, Rossport South, North Mayo against Shell E&P Ire­ land Ltd. Corrib House. 52 Lower Leeson St. Dublin 2 were concluded in Ballina District Court last Fri­day when Judge Fiona Lydon found, in accordance with a Su­preme Court ruling, that the de­fendant company had been in contempt of a court order when it entered commonage lands at Ros­sport and Muingnabo without notification in 2007 and 2008. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Reuters: Shell CEO’s 2019 pay halves after fatalities, revenue fall

Ron Bousso: MARCH 12, 2020

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) Chief Executive Ben van Beurden’s pay package halved last year to 10 million euros ($11.3 million) after the energy company suffered seven deaths and saw a drop in revenue.

Van Beurden, who became CEO in 2014, oversaw a sharp growth in Shell’s oil and gas output following the 2016 acquisition of BG Group for $53 billion.

But in January, the Anglo-Dutch company was forced to rein in its vast $25 billion share buyback programme amid a drop in oil and gas prices and sliding global demand for fuels and petrochemicals. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Guardian: Oil firm Shell to end its relationship with BFI and Southbank Centre

Shell is to end its relationship with two of the UK’s leading arts institutions amid growing concern about big oil’s role in the escalating climate crisis.

The fossil fuel corporation has confirmed it is not renewing its corporate membership deals with the Southbank Centre and the British Film Institute (BFI) when they come up for renewal later this year.

Campaigners say the decision underlines the shrinking “social licence” of fossil fuel companies in the midst of the climate crisis. It follows similar moves by the Royal Shakespeare Company (RSC), National Theatre and National Galleries Scotland, which have all severed ties with major oil companies in the last year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

‘Shakespeare’s Monkeys’ previously employed by BG Group

WHISTLEBLOWER COMMENT POSTED ON OUR SHELL BLOG ON 4 MARCH 2020.  ABOUT A PRESS RELEASE ISSUED 21 OCTOBER 2019

Shell Brasil Announces Agreement with Ecopetrol
Source Press Release
Company Royal Dutch Shell, Ecopetrol
Tags Asset Deals, Deals, Upstream Activities
Story Focus Deals
Date October 21, 2019

Negotiation involves sale of 30% interest in the the Gato do Mato project

Shell Brasil Petroleo Ltda. (“Shell Brasil”) announces it has entered into an agreement with Ecopetrol for the sale of 30% interest in the the Gato do Mato project, a pre-salt gas-condensate discovery that covers two contiguous blocks: BM-S-54 and Sul de Gato do Mato. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

NEW YORK INTELLIGENCER: Shell Is Looking Forward

EXTRACTS (Entire New York Magazine article can be read here)

Since 2017, when I published a book about American millennials, I’ve had the occasional cold call from corporations to come talk about my work, all but one of which I’ve turned down. But last fall, the Shell Scenarios team — as in Royal Dutch Shell, one of the biggest oil companies in the world — offered me £2,000 in exchange for a 15-minute talk and my participation in a group exercise. Its internal corporate think tank was holding a daylong conference about how generational change would affect the hopefulness projected in what the company calls the “Sky Scenario,” which it describes as “a technically possible but challenging pathway for society to achieve the goals of the Paris Agreement.” I’m not a climate expert, but apparently I qualify as a generational whisperer, at least to Shell, and to talk to me about global warming, the giant energy conglomerate wanted to fly me to London from Philadelphia, business class. I warned them that I couldn’t keep their money and asked if I’d need to sign an NDA. When they said no, I saw an opportunity to report on the oil company, undercover while in plain sight, without technically lying to anyone. It was too good to pass up. I said yes, then I emailed my editor. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Bombardment of terrible customer reviews about Shell Energy on Trustpilot continues

Featured below are extracts from negative customer reviews about Shell Energy posted during the last 36 hours on Trustpilot.  Visit the Shell Energy page on Trustpilot to view all reviews in their entirety, positive and negative (and Shell Energy responses). Watch out for any fake reviews. Note the reoccurring themes in the negative reviews, including difficulty in communicating with the company. This article posted on 1 March 2020.

Terrible Customer Service

My problem is still unresolved takes an hour to get through , someone supposed to be looking into how my 5 yr contract was sold that was nearly 4 wks ago, nobody can give me a final settlement to allow me to leave , promised a call back last week and an e mail , neither have happened, I’m going to report to trading standards as they have me on a high tariff whilst waiting for them to respond which they never do. Terrible customer service.

Got an email off shell broadband saying… read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

OilPrice.com: This Supermajor Is Diving Into The Green Hydrogen Game

Haley Zaremba: Oilprice.com February 29, 2020

Hydrogen is often hailed as a silver bullet solution to emissions-free fuel since it burns clean, leaving nothing but water vapor, but the reality of using and producing green hydrogen is much more complicated. Hydrogen is already used as a power source in a lot of modern industries, including ammonia production, in refineries and as a feedstock for chemicals. The vast majority of the hydrogen in use, however, is not green hydrogen, but instead is what is known as “gray hydrogen.” While the hydrogen itself burns clean, the means of producing that hydrogen is actually fossil-fuels intensive (most often using coal or natural gas) and therefore does nothing in the way of decarbonizing the industries in which it is used. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Reuters: Shell and Gasunie plan to build massive Dutch green hydrogen plant

FEBRUARY 27, 2020 / 10:26 AM

AMSTERDAM (Reuters) – Oil and gas company Royal Dutch Shell and Dutch gas company Gasunie [GSUNI.UL] plan to build a massive green hydrogen plant in the northern Netherlands in the next decade, the companies said on Thursday, to cut emissions.

Fueled by a large new wind farm off the coast of Groningen province, the plant would ultimately be able to produce 800,000 tonnes of hydrogen by 2040, the companies said, cutting the Netherlands’ CO2 emissions by about 7 megaton per year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Damning reviews about Shell Energy are not just on Trustpilot

FLOOD OF DAMNING REVIEWS ABOUT SHELL ENERGY ON FIRST UTILITY REVIEWS 

Featured below are extracts from customer reviews about Shell Energy posted recently on First Utility ReviewsNote the reoccurring theme – the difficulty in communicating with the company. 

Anonymous   

Customer service is terrible been trying 2 phone 4 ages.and kept on hold usually for 30 to 40 minutes. And end up having to hang up. glad my contact is nearing end .coz I will b leaving them.

Anonymous   

shocking service I am currently Shell Energy customer (won’t be long before I switch) I have find out that our gas bill is 3 times higher than what it should be, queried this in July last year and still waiting to resolve this issue. 

Just spent an hour and 40 mins with them on the phone, they took 50 mins just to answer phone??? Shocking service read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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