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December 8th, 2014:

Oil from old Shell tanks polluting environment

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Screen Shot 2014-12-08 at 22.24.14Some of the tanks at Shell’s Fredericia location are nearly a century old (Photo: Wikipedia)

From the Copenhagen Post, an article by Ray Weaver: 8 Dec 2014

Decade-old oil spills from tanks at the Shell Oil facility in Fredericia are still polluting the environment.

According to a report on the DR current affairs TV program ’21 Søndags’, tonnes of diesel and kerosene have flowed out of the tanks for years and are now polluting the soil and groundwater in the area and flowing into the Little Belt.

“I would say that a very, very strong oil spill has spread out below the beach and seeped beneath the Little Belt into the water,” Thomas Steen Petersen, an engineer and soil expert at Kogsgaard Environment, told DR. “We must assume it has been going on for two or three decades. I have never seen anything like this before.” read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell and BP badly hit by oil price slump

Screen Shot 2014-10-28 at 11.51.59The UK’s two oil majors, Shell and BP, have been badly hit, dropping 13% and 12% respectively over the past three months.

Investment Week article by Dan Jones, Laura Dew and Julia Rampen: “Oil majors cast shadow over UK dividends after price slump”: 08 Dec 2014

Extracts

Brent crude oil prices have fallen 40% since June, dropping from $114 a barrel to below $70 last week, as demand weakens and suppliers decline to cut production.

The UK’s two oil majors, Shell and BP, have been badly hit, dropping 13% and 12% respectively over the past three months.

Other managers are also becoming concerned about the impact a lower- for-longer oil price will have on the largest oil stocks’ balance sheets, and the implications for the wider market, as the sector represents 15% of total UK payouts. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UN climate talks call future of Big Oil into question

Screen Shot 2014-02-18 at 18.34.00Financial Times article authored by Pilita Clark in Lima, 7 December 2014

UN climate talks call future of energy majors into question

ExxonMobil and Shell would cease to exist in their current forms in 35 years under measures UN negotiators are considering for a legally binding global climate pact to be sealed in Paris next year.

FULL FT ARTICLE

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.