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EU warns U.S. it may respond swiftly to counter new sanctions on Russia

A list prepared by the EU executive, seen by Reuters, shows eight projects including those involving oil majors Anglo-Dutch Shell, BP and Italy’s Eni that risk falling foul of the U.S. measures. EU officials warn the U.S. measures would also hit plans for the LNG plant on the Gulf of Finland in which Shell is partnering with Gazprom.

Alissa de Carbonnel: 26 July 2017

BRUSSELS (Reuters) – The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc’s energy security.

Sanctions legislation overwhelmingly approved by the U.S. House of Representatives on Tuesday has angered EU officials: they see it as breaking transatlantic unity in the West’s response to Moscow’s annexation of Crimea from Ukraine in 2014 and its support for separatists in eastern Ukraine. read more

Shell shifts focus to chemicals, refining: Financieele Dagblad

Anglo-Dutch energy giant Royal Dutch/Shell is shifting its focus toward downstream operations like refining and chemicals and away from traditional upstream activities like exploring for oil and gas, the Financieele Dagblad said on Wednesday.

This shift is likely to become even clearer when the company publishes its second quarter figures on Thursday, the paper said.

Shell’s investment in exploration slumped to $157m in the first quarter of 2017 from an annual quarterly average of between $500m to $600m in recent years, the paper points out.  This is partly due to the group’s recent acquisition of the BG Group which has large deep-sea reserves off the coast of Brazil. read more

Shell Oil sued over claim of sexual harassment, discrimination in the East Bay

NEWTON worked at SHELL as a refinery process operator.  During her tenure, she was discriminated against and harassed by supervisors and co-workers because of her gender. She was taunted with comments like, “If your pussy hurts, just stay home.” (Extract from complaint – link below)

By | asciacca@bayareanewsgroup.com | Bay Area News Group: PUBLISHED: | UPDATED:

MARTINEZ — A former employee at Shell Oil’s refinery in Martinez is suing the massive oil company for “sex-based harassment, sex discrimination, (and) failure to take reasonable steps to prevent discrimination and harassment,” according to a copy of the lawsuit given to this news organization and originally filed in the U.S. District Court for the Northern District of California. read more

Lawsuits rise against Big Oil

While Washington dithers, the courthouse could become the next battleground against climate change. San Mateo and Marin counties, along with San Diego County’s Imperial Beach, filed lawsuits Monday against 37 oil, gas and coal companies, accusing them of ramping up extraction of fossil fuels for decades even though they knew the resulting carbon pollution would have devastating effects on the planet.

To anyone who followed the long legal fight against Big Tobacco, the arguments have a familiar ring. The plaintiffs claim the defendants: read more

Northern Panhandle Activity Picking Up in Wake of Shell’s Cracker Plans

Royal Dutch Shell is building a $6 million cracker in Monaca, Pennsylvania, and nearby businesses are already seeing positive effects

As signs go, Eagle Manufacturing‘s Joe Eddy sees plenty that tell him the Upper Ohio Valley’s economic fortunes are changing.

With one ethane cracker under construction in nearby Monaca, Pennsylvania, and another on the table in nearby Dilles Bottom, Ohio, Eddy says it’s no longer a question of “if” West Virginia’s Northern Panhandle will benefit, but when.

“This opportunity is generational; it’s the best opportunity we’ve had to see growth in the valley for 50 years,” Eddy said. “This type of growth has really never been afforded in the local area. It’s still a big story; it’s the best thing West Virginia has going for it.” read more

Appeals court says third-party companies are liable for compensation in offshore Shell drilling unit collision

Appeals court says third-party companies are liable for compensation in offshore Shell drilling unit collision

by Todd Barnett | Jul. 15, 2017, 8:00am

NEW ORLEANS — A federal appeals court recently ruled that two third-party companies involved in conducting an archaeological sonar survey near an offshore drilling unit in the Gulf of Mexico are not responsible for compensating the two companies found liable for the accident.

On June 21, the U.S. Court of Appeals for the Fifth Circuit affirmed a district court’s ruling that Integrity Fishers Inc. and Sea Eagle Fisheries Inc. are not responsible for compensating Tesla Offshore LLC and International Marine LLC, the parties found at fault in a collision that damaged a submerged mooring line attached to Shell Offshore’s Nautilus offshore drilling unit. read more

Shell acquires local power company MP2

By Ryan Maye Handy: 29 June 2017

Royal Dutch Shell said Thursday that it plans to acquire MP2 Energy, a power and retail electric company based in the Woodlands, as the oil major seeks to diversify its business.

The transaction, if approved by regulators, would expand Shell’s electricity business beyond the West Coast into Texas, the Midwest and the East Coast. MP2, which manages power plants and runs a retail electric business, serves mostly industrial and commercial customers. In Texas, however, it offers residential electric plans for customers, including a program with rooftop solar systems. The company also operates in Illinois, Ohio and Pennsylvania. read more

Shell Energy North America Signs Purchase Agreement To Acquire MP2 Energy LLC

HOUSTON, June 29, 2017 /PRNewswire/ — Shell Energy North America (“SENA”) announced today that it has signed a purchase agreement for the acquisition of MP2 Energy LLC (MP2). Subject to regulatory approvals, the transaction is expected to be closed in the 3rd quarter of 2017.

Through self-developed proprietary systems and technology, MP2 provides market based solutions to commercial and industrial customers for managing energy supply, load, and generation.  MP2 is unique in its skill set and at the front of the curve when it comes to developing fit for purpose solutions to its customers, which face ever more complicated energy choices. read more

CCBC students surprised, starstruck by Shell CEO visit

CENTER TWP. — About 15 students enrolled in the Community College of Beaver County’s process technology program on Monday got the surprise of a lifetime when their class was crashed by Royal Dutch Shell CEO Ben van Beurden.

The chief executive officer, accompanied by most of Shell’s board of directors, came to Beaver County to tour the company’s cracker plant site in Potter Township and to meet with local and state representatives to hear their thoughts and experiences about the project. read more

Shell CEO, board of directors visit Beaver County

POTTER TWP. — The chief executive officer and a majority of the board of directors of Royal Dutch Shell were in Beaver County Monday to view the ethane cracker plant site, but also to talk to local leaders about their experiences with the $6 billion project.

Rebecca Matsco, chairwoman of Potter Township’s supervisors, was one of the local leaders in attendance and said Monday afternoon that it was a chance “to share our experiences of the last several years.” read more

Shell ‘shells out’ $75 a foot for pipeline easements


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Court records suggest that Shell’s latest pipeline easement agreements in Pennsylvania will cost $75 a foot to carry ethane to its new ethane cracker facility.

Jun 23, 2017

Foot by foot, Shell Pipeline Co. is getting landowners in Beaver County, Pa., to sign easements for its 94-mile Falcon Ethane Pipeline. It’s a pipeline with two “legs” that will feed Shell’s ethane cracker plant now under construction at Monaca, Pa., northwest of Pittsburgh.

In early 2016, the Royal Dutch Shell affiliate began signing leases with landowners for the pipeline branches stretching into Ohio, Pennsylvania and West Virginia. See map. More easements were signed in January and May. read more

Gov. Tom Wolf tours Shell cracker plant site, impressed by speed and scale of work

POTTER TWP. — Pennsylvania Gov. Tom Wolf is impressed by the speed and scale of the work being undertaken by the workforce building Shell Chemicals’ $6 billion ethane cracker plant.

Wolf toured the 300-acre Potter Township site Tuesday morning, the first time he’s been back since November. The governor said the site has been transformed since then as thousands of workers prepare the land for construction, which is slated to start later this year.

The governor spent nearly two hours touring different aspects of the site, but said he was most impressed by the quality of the workforce and the fruits of their labor. read more

Polluted-Water Case Against BP and Shell Revived

ADAM KLASFELD: 

MANHATTAN (CN) — No longer protected by its deals with California prosecutors, BP and Shell must face another lawsuit alleging that its underground storage tanks continue to pollute Orange County’s groundwater with a toxic gasoline additive.

The British and Dutch oil giants were named among the dozens of fossil-fuel companies in hundreds of lawsuits over the chemical methyl tertiary butyl ether (MTBE).

Used to raise the oxygen level in gasoline, MTBE is banned by more than half of the states in the nation. The Environmental Protection Agency has flagged it as a possible human carcinogen at high doses. read more

Shell Must Face ‘Take-Home’ Asbestos Suit, Calif. Court Says

Shell Must Face ‘Take-Home’ Asbestos Suit, Calif. Court Says

Law360, New York (June 6, 2017, 7:03 PM EDT) —

A California appeals court has reversed itself and revived a lawsuit against Shell Oil Co. filed by a former employee’s wife who alleges she contracted mesothelioma from exposure to asbestos that accumulated on her husband’s work clothing. The decision by the Second Appellate District panel on Friday followed the state Supreme Court’s December finding in Kesner v. Superior Court of California that employers can be held liable for injuries caused by secondhand asbestos exposure suffered by household members of employees. The panel, following the high court’s “take-home” liability… read more

Shell says Geismar olefins expansion project still on schedule

|By: , SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) says it remains on schedule in the construction of its $717M project to increase alpha olefins production at its Geismar, La., chemical manufacturing plant, which will become the world’s largest AO production site.

Shell says the 425K metric tons/year AO unit, which will join three existing units at the site, will begin commercial production by year-end 2018.

Shell plans to supply the Geismar expansion with ethylene feedstock from its nearby Norco, La., and Deer Park, Tex., manufacturing sites, which would bring total AO production at Geismar to more than 1.3M tons/year. read more

Shell still working to reduce emissions despite U.S. pullout from Paris agreement

President Donald Trump pulled the United States out of the Paris climate agreement Thursday, but one of the largest companies in the world said it will still do its part to provide clean energy.

Shell Chemicals, which is building a $6 billion ethane cracker plant along the Ohio River in Potter Township, said Thursday that the company’s “position on climate change and the importance of the Paris agreement is well known.” read more

Q&A: Shell cuts costs on major deep-water projects

By Collin Eaton: Business Reporter, Houston Chronicle: May 3, 2017

The recovery in energy prices won’t produce a mad rush into deep-water fields anytime soon, but drillers are still spending billions this year on more cost-efficient projects that can outlast cheap oil, says the executive who leads Shell’s deep-water business.

Over the next two years, Royal Dutch Shell plans to spend up to $14 billion developing new and existing deep-water projects in places like the Gulf of Mexico and Brazil, but it’s trying to keep costs nailed down with myriad initiatives that have, for example, reduced its offshore staff by nearly a third. read more

Stones: A True Ultradeepwater Success Story

Rhonda Duey Executive Editor, E&P Hart Energy Jennifer Presley Senior Editor, Production, E&P Hart Energy

Monday, May 1, 2017

When it comes to the offshore industry, people need to hear a good story once in a while. The segment has been hammered in recent years, particularly since the 2014 downturn. But there are still positives coming out of this difficult sector.

One such case is Shell’s Stones Field, the deepest production facility in the world. “I’m on a number of industry committees, and one of the things that people keep saying is, ‘We really need to hear the Stones story because it’s such a positive story,’” said Curtis Lohr, project manager for Stones. “The industry needs to hear that story and wants to hear that story.” read more

Kiobel v. Cravath: An Example of How a Little-Known U.S. Law can be Used as a Pre-Litigation Tool Overseas

Upasana Khatri: 22nd February 2017

When Esther Kiobel—who believes Shell collaborated with Nigerian authorities to commit gross human rights abuses, including the murder of her husband—could not find justice by suing Shell in U.S courts, she decided to sue the Dutch oil giant in the Netherlands. In support of the Dutch action, EarthRights International (ERI) helped Ms. Kiobel and her Dutch lawyers file an application under the Foreign Legal Assistance (FLA) Statute to gain access to important evidence originally gathered during the U.S. litigation. In December, a U.S. federal court granted Ms. Kiobel’s petition, allowing her access to documents housed in Cravath, Swaine & Moore LLP, the law firm that defended Shell in the U.S. read more

Shell says Motiva assets still set to be divided May 1

Shell Oil Co, the U.S. arm of Royal Dutch Shell Plc, on Thursday reaffirmed the target date to split up the Motiva Enterprises [MOTIV.UL] refining joint venture with co-owner Saudi Aramco [IPO-ARMO.SE] would be May 1.

Shell and Saudi Aramco in March 2016 announced the plan to divide up the nearly 20-year-old venture, which runs three refineries and other assets. The date of the split has been pushed back twice since the announcement.

As part of the deal, Saudi Aramco will make a $2.2 billion balancing payment to Shell. Of that total, Aramco will only have to pay about $700 million in cash to Shell, with the remainder satisfied by Aramco assuming most of Shell’s half of the $3.2 billion debt held by Motiva. read more

Shell, Dow Hid Cancer-Causing Chemical in Pesticides, Contaminating Drinking Water for Millions

For decades, Shell and Dow hid a highly potent cancer-causing chemical in two widely used pesticides, contaminating drinking water for millions of people in California and beyond, according to lawsuits detailed in a new report from the Environmental Working Group (EWG).

The chemical 1,2,3-trichloropropane or TCP, was formerly an unwanted and ineffective byproduct in Dow’s Telone and Shell’s D-D pesticides. Internal documents uncovered in lawsuits filed by communities in California’s San Joaquin Valley show that the companies saved millions of dollars a year by not properly disposing of TCP, a chemical a Dow scientist once called “garbage,” as hazardous waste. read more

Recorded call reveals Shell worried Nigerian oil deal could lead to U.S. probe

Top executives at Royal Dutch Shell (RDS.A, RDS.B) last year were worried that a controversial Nigerian oil deal may have violated an agreement with the U.S. Justice Department and would prompt an investigation, according to a recorded phone call between CEO Ben van Beurden and Simon Henry, the company’s CFO at the time.

In the call, van Beurden said he was worried that Shell’s own investigators had discovered internal emails that could cast the company in a negative light and widen the investigation by drawing in U.S. authorities; the call was recorded and has now been made public. read more

Shell Knew Of Bribe Payments To Nigerian Official, Global Witness Report Alleges

A recent publication of leaked emails has found evidence that Shell knowingly bribed ministers in the Nigerian government. Global Witness, an anti-corruption NGO, described the episode as “one of the worst corruption scandals in the history of the oil industry”.

The affair relates to OLP 245, an offshore oilfield in Nigerian waters that is estimated to hold nine billion barrels of oil, valued at over half a trillion dollars at current prices. read more

Recording Puts Shell’s Nigerian Oil Deal Under a Harsh Light

The investigators were “quite forceful and brusque” and “rattled a few people,” Mr. van Beurden told the finance chief at the time, Simon Henry, when Mr. Henry returned his call. But Mr. van Beurden said he was also worried about something else: Shell’s own investigators had discovered internal emails that could cast the company in an even more negative light and widen the investigation by drawing in the United States law enforcement authorities. read more

Shell corruption probe: New evidence on oil payments

The BBC has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field would be passed to a convicted money-launderer.

It also had reason to believe that money would be used to pay political bribes.

The deal was concluded while Shell was operating under a probation order for a separate corruption case in Nigeria.

Shell said it did not believe its employees acted illegally.

OPL 245 is an oilfield off the coast of Nigeria whose estimated nine billion barrels of oil are worth nearly half a trillion dollars at today’s prices. Shell has been active in Nigeria for nearly 60 years and was keen to acquire the field. read more

Shell: ‘Good progress’ being made on ethane cracker

Paul J. GoughApr 6, 2017, 4:51pm EDT

Shell Chemical Appalachia LLC on Thursday said good progress was being made ahead of main construction later this year on the $6 billion petrochemical complex in Potter Township.

When the company, owned by multinational Royal Dutch Shell, announced the final investment decision in June 2016, Shell had said that construction would begin sometime within the next 18 months for what is expected to be a multiyear time frame employing 6,000 construction and other workers. That would take Shell to the end of 2017 to start construction. read more

Big fire last year at Convent refinery could not have been avoided, Motiva says

A Motiva Enterprises investigation into the dramatic Aug. 11 fire at its St. James Parish oil refinery found the blaze resulted from a small valve failure that could not have been foreseen and prevented.

The Houston company reached that conclusion in a recent report to the State Police after a monthslong probe into the four-hour blaze that sent black clouds billowing into the sky, forced the evacuation of 1,400 workers and contractors during an intermittent lightning storm and heavily damaged an important H-Oil unit. read more

Shell and Anadarko mull clean break from Permian venture -executive

By REUTERSPUBLISHED: 06:03, 27 March 2017

By Ron Bousso and Ernest Scheyder

LONDON/HOUSTON, March 27 (Reuters) – Royal Dutch Shell Plc and Anadarko Petroleum Corp may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive.

The divorce and re-parceling of acreage would let each company drill and develop new wells at its own pace in the Permian, which has become the U.S. oil industry’s hottest development area for its low operating costs as crude prices hover under $50 per barrel. read more

Costs tumble as Shell masters ‘budget’ deepwater drilling


  • LYNN COOK, SARAH KENT
  • The Australian
  • 12:00AM March 22, 2017

Royal Dutch Shell is trying to ­reinvent its business with a concept that sounds oxymoronic: budget deepwater drilling.

On the Mars oil platform, a hulking steel behemoth 200km southeast of New Orleans, more than 170 roughnecks and engineers are working to quickly wring more oil out of a massive field — and keep it profitable even if oil sinks to $US15 a barrel.

Shell, the world’s second-largest publicly traded energy company, is making a high-stakes bet that it can take highly efficient technology and processes per­fected onshore and deploy them in deep-sea production. read more

Big Oil’s Plan to Buy Into the Shale Boom

by Javier Blas: 21 March 2017, 10:26 GMT

Big Oil is muscling in on shale country.

Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago.

The giants are gaining a foothold in West Texas with such projects as Bongo 76-43, a well which is being drilled 10,000 feet beneath the table-flat, sage-scented desert, and which then extends horizontally for a mile, blasting through rock to capture light crude from the sprawling Permian Basin. read more

Shell CEO’s plan for a smaller carbon footprint

Patti Domm: 9 March 2017

Royal Dutch Shell‘s announcement of the sale of $7.25 billion in Canadian oil sands assets Thursday is an important step to turning itself into a company of the future — with a broader mix of energy assets and a smaller carbon footprint.

Shell CEO Ben van Beurden said the company is committed to reshaping itself and believes that renewables and new energy will play a bigger role. The company is retaining just 10 percent of its Canadian sands assets.

“We are right in the middle of transforming the company into the company of the future,” he said at the CERAWeek conference in Houston, sponsored by IHS Markit. read more

Shell accelerates plan to boost U.S. shale output -exec

* Shell to boost shale output by 140,000 bpoed by 2020

* Shell shale output profitable at average oil price $40/bbl

* Argentina shale development decision in 18 months

By Ron Bousso and Ernest Scheyder HOUSTON, March 7 (Reuters) – Royal Dutch Shell is ramping its North American shale output earlier than planned to lock in quick returns from what has become one of its most profitable businesses, the head of Shell’s unconventional energy business said. The Anglo-Dutch company plans to make shale oil and gas in the United States, Canada and Argentina a key engine of growth in the next decade, targeting output of around 500,000 barrels of oil equivalent per day (boepd), Greg Guidry told Reuters in an interview.

A drive to cut the cost of producing oil and gas from U.S. shale deposits has proven so effective that Shell has accelerated development plans, Guidry said on the sidelines of the CERAWeek industry conference in Houston.

It aims to boost output by 140,000 boepd over the next three years in the Permian basin in West Texas and the Duvernay region in Canada, said Guidry, an executive vice president. read more

Shell And Penske Forge The Future Of Transport Alliances

PR Newswire: Shell And Penske Forge The Future Of Transport Alliances

HOUSTON, Feb. 24, 2017 /PRNewswire/ — Shell and Penske Corporation announced today a multi-year continuation of their ongoing business, technical and motorsport alliance. As part of the agreement, Shell and Pennzoil will continue sponsoring Team Penske entries in the Monster Energy NASCAR Cup Series and the Verizon IndyCar Series through the 2022 season and beyond. Shell and Pennzoil will also continue to be the preferred supplier of fuels, lubricants and related products to the Penske organization. read more

Shell Edges Closer to Full Indoor EMV Deployment

CSP: Shell Edges Closer to Full Indoor EMV Deployment

Jackson Lewis: February 23, 2017

HOUSTON — More than 11,000 Shell-branded retail sites—or nearly 80%—are now fully indoor compliant with the Europay, MasterCard and Visa (EMV) payment standard, with the remainder expected to meet indoor compliance by spring 2017, Shell Oil Co. has announced.

As indoor EMV deployment nears completion, Shell looks to reach outdoor EMV compliance by the October 2020 liability shift date, and is moving forward with a pilot program planned for late 2017. The company said it plans to announce more details of its outdoor EMV program in second-quarter 2017. read more

Shell and Toyota Partner on California Fueling Stations for Hydrogen Cars

By Craig Trudell , Yuki Hagiwara , and John Lippert

20 February 2017, 20:30 GMT: 21 February 2017, 00:21 GMT

Royal Dutch Shell Plc will build seven fueling stations for hydrogen cars in California through a partnership with Toyota Motor Corp., laying down their latest bet on the demise of the internal-combustion engine.

The stations will nudge the state closer to its goal of having 100 retail sites by 2024 where hydrogen fuel-cell vehicles can fill up. The California Energy Commission is considering $16.4 million in grants toward the stations, with Shell and Toyota contributing $11.4 million. read more

Opposing views need to be heard

Timesonline.com: Opposing views need to be heard

The Times: Serving Beaver County, PA since 1874

By The Times Editorial Board

When Beaver County Commissioners Sandie Egley and Daniel Camp addressed a packed house Tuesday morning at the annual State of the County breakfast, the main topic on everyone’s mind was the Shell Chemicals Co. ethane cracker plant to be built in Potter Township.

Egley, when asked to describe the state of the county in one word, chose “exciting,” noting that everyone in the room knew what she meant.

Camp went with “radar,” saying that “Beaver County is on everybody’s radar” and that the area is going to become “the next up and coming place to raise a family.” read more

Shell expects to split Motiva assets with Saudi Aramco in Q2

Mon Feb 6, 2017

HOUSTON Shell Oil Co, the U.S. unit of Royal Dutch Shell Plc, said on Monday it expects to divide the refineries and other assets of the Motiva Enterprises [MOTIV.UL] joint venture with co-owner Saudi Aramco in the second quarter of 2017.

“We are pleased with the progress we have made to date, and anticipate completion of the transaction in Q2 2017,” Shell spokesman Ray Fisher said in an email. “The April 1 date is a target that the internal project teams are working toward.” read more

Shell nears deals to sell $5 bln of assets -CFO

By Karolin Schaps and Ron Bousso | LONDON

Royal Dutch Shell (RDSa.L) is close to selling assets totaling $5 billion to cut debt following its acquisition of BG Group, the oil major said on Thursday as it reported its lowest full-year earnings in more than a decade.

Dealmaking in the oil and gas sector has been muted for more than two years due to collapsing oil prices, but as crude prices recover buyers and sellers are starting to agree on price tags.

For Shell, disposals of $3 billion in the fourth quarter helped shave $4.5 billion off its net debt and increase cashflow by 8 percent in the last three months of the year, Europe’s largest oil and gas company said. read more

What Shell Could Unload Next As Part Of Its $30B Divestiture Program

By Claire Poole: CONTRIBUTOR: 31 JAN 2017

Royal Dutch Shell plc (NSYE:RDS.A) has been on a divestiture spree after its debt-laden $50 billion purchase of BG Group plc last year, the latest being its sale of some of its oil and gas properties in the North Sea to private equity-backed Chrysaor Holdings Ltd. for $3.8 billion as well as its stake in a Thailand field to Kuwait Petroleum Corp. for $900 million. The sales — which follow the recent unloading of assets in Saudi Arabia, Japan and Australia  – are nudging it toward 40% of the $30 billion divestiture goal it hopes to reach by the end of next year. What could be next? read more

29 MORE reasons to sell BP plc and Royal Dutch Shell plc

By The Motley Fool  Jan 26, 2017

Those hoping that OPEC’s decision to finally curtail production at November’s Doha summit would go some way to balancing the oil market would no doubt have gasped at the latest US rig count data on Friday.

According to drill checkers Baker Hughes, the number of oil rigs up and running in the States rose by 29 during the seven days to January 20, taking the total to 551.

This was the largest one-week jump since April 2013 and means that the rig count has risen during 10 of the last 11 weeks. Meanwhile, the number of US rigs in operation now stands at a 14-month peak. read more

Shell, Phillips 66 buy 6.4 mln bbls of oil from U.S. emergency reserve

Oil companies Shell and Phillips 66 together bought 6.4 million barrels of oil last week from the Strategic Petroleum Reserve (SPR), according to a Department of Energy document released on Tuesday.

Shell bought 6.2 million barrels of oil and Phillips 66 bought 200,000 barrels on Jan. 18, said the department document, seen by Reuters.

The federal government held the sale to fund a revamp of the emergency oil stash, which is stored in salt caverns in Louisiana and Texas along the Gulf Coast. The Department of Energy had said it would sell up to 8 million barrels as part of its modernization program. read more

Ethane Production Is Still Climbing

CASEY JUNKINS: Business/Energy Writer: cjunkins@theintelligencer.net

DILLES BOTTOM — U.S. ethane production is growing so fast that federal officials can barely keep track of it, as last year’s projection of 1.4 million barrels per day by 2017 is now trumped by new prognostications of 1.7 million daily barrels by 2018.

As the new U.S. Energy Information Administration numbers indicate, the need for drillers to disperse this liquid continues to climb, which leads Cal Dooley, president and CEO of the Washington, D.C.-based American Chemistry Council, to believe this creates an environment in which the need for ethane crackers grows. read more

Potter Township gives final approval for Shell cracker plant

By Anya Litvak / Pittsburgh Post-Gazette: 18 Jan 2017

Potter supervisors approved a permit Wednesday for Shell Chemical Appalachia to build a sprawling petrochemical complex within its borders, capping more than a month of tension among people who live near the plant site in Beaver County

The supervisors voted unanimously to approve a conditional use permit for the company during a standing-room-only meeting that saw both supporters and opponents speaking their minds in one-minute increments before the vote. read more

Oil Major Shell Plans To Shrink As Oil Rebounds

By Nick Cunningham – Jan 03, 2017, 3:07 PM CST

Oil prices are rising and the industry is poised for a rebound, with U.S. shale spending set to soar in 2017. But for Royal Dutch Shell, this year will be much more mundane as years of high spending and ballooning deficits force the Anglo-Dutch oil major to retrench.

Even as the New Year promises to bring a sharp improvement in the finances of oil companies across the world, including Shell, not everyone will approach the rebound in the oil market in the same way. Smaller U.S. shale companies, with assets concentrated in some highly profitable areas such as the Permian, are planning to sharply increase spending and drilling. But the oil majors are less nimble, having assets diversified upstream and downstream, spread out across the globe. They were able to weather the oil price downturn better than their smaller peers, but they respond much more slowly to fluctuations in the oil market. That stability is a feature for many investors looking to avoid volatility, but it also means that 2017 may not bring much excitement from the majors. read more

A devastating blow for Shell in U.S. Federal Court

See: Shell faces possible Dutch lawsuit over Nigerian activist’s execution

The Dutch Kiobel Case will allege that Netherlands-based Royal Dutch Shell and its predecessors were complicit in gross violations of civil liberties and human rights directed at Dr Kiobel and Esther Kiobel, including arbitrary detention and arrest; attempted rape; cruel, inhuman, and degrading treatment; and violations of the right to a fair trial and the right to life.  (Extract from petition)

Esther Kiobel holds Shell responsible for the murder of her late husband, Ogoni leader Dr. Barinem Kiobel. read more

Clovis wins $22 million against Shell Oil over toxic drinking water

BY ANDREA CASTILLO: DECEMBER 21, 2016 12:55 PM

The City of Clovis won its more than three-month civil trial against the chemical manufacturing giant Shell Oil Company over the cleanup of a toxic chemical found in drinking-water wells around the city of 108,000 people.

The chemical is 1, 2, 3-Trichloropropane, or TCP, which is a waste product from making plastic. TCP was in farm fumigants last used in the 1980s, which were injected into the ground to kill tiny worms called nematodes. A jury awarded the city nearly $22 million, finding that the Clovis residents were harmed by the design of the fumigant, that Shell did not prove the benefits of its product outweighed the risks and that those risks were known at the time it was sold. read more

FLARING AT SHELL REFINERY PROMPTS HEALTH ALERT FROM CONTRA COSTA COUNTY HEALTH OFFICIALS

19 Dec 2016

MARTINEZ, CA. —Contra Costa Health Services is advising people to avoid the area around the Shell Refinery in Martinez this afternoon due to “excessive flaring and black smoke.”

The Health Services website issued the alert at 2:20 p.m. for the refinery at 3485 Pacheco Blvd.

People with respiratory conditions are being advised to take precautions and avoid the area.

The flaring is the result of a power outage, according to Health Services officials.

SOURCE

Shell donates $150,000 to CCBC

By Jared Stonesifer jstonesifer@timesonline.com: 19 Dec 2016

CENTER TWP. — Shell Chemicals Co. has donated $150,000 to the Community College of Beaver County to fund scholarships and help the college buy new equipment.

The money will go directly to CCBC’s process technology program, a curriculum created several years ago with Shell in mind. The associate degree program trains students for careers in manufacturing and industry, like the $6 billion ethane cracker plant Shell is planning to build in Potter Township. read more

Shell Donates $100,000 to Capital Area United Way’s Flood Relief Fund

12/15/2016

Capital Area United Way was recently the recipient of a $100,000 donation from Shell-Geismar to go towards their Flood Relief Fund.   Shell and Motiva announced back in August that they would be contributing $500,000 to local organizations to assist with response and rebuilding efforts in the community.  Both companies also announced that they would match employee contributions made through their internal giving program.

“Shell is pleased to make this contribution in support of United Way’s effective response to the recent flooding in our region,” said Rhoman Hardy, General Manager at Shell Chemical Geismar. “We know that the agency’s efforts made a significant difference for many in the Greater Baton Rouge area whose lives were turned upside down as a result of this unprecedented disaster.” read more

Trump stance could complicate Saudi/Shell deal

By RUSSELL GOLD: Dec. 16, 2016 2:45 p.m. ET

The election of Donald Trump threatens to complicate efforts by Saudi Arabia’s national oil company to purchase refineries and expand its petrochemical footprint in the U.S.

Speaking in Louisiana earlier this month, he said: “We use refineries from other countries. The whole thing is just crazy. It’s crazy.”

That stance could complicate a continuing deal: Saudi Aramco and Royal Dutch Shell PLC are in talks to end a joint venture called Motiva Enterprises. The Saudi company, which is state owned and state controlled, has said it expects after negotiations are concluded to own the 603,000-barrel-a-day refinery in Port Arthur, Texas. Shell is expected to get two smaller refineries in Louisiana. read more

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