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Posts on ‘October 5th, 2005’

Controversy over Mayo pipeline

Irish Times: Controversy over Mayo pipeline

“…a presence will be maintained in the area to keep an eye on things and to monitor any breaches of the “ceasefire” which may be perpetrated by Shell or the State.”

Thursday 6 October 2005

Madam, – There have been many unsung heroes (and heroines) in the protracted dispute over the proposed gas terminal at Rossport, Co Mayo. I would like to draw attention to one rarely mentioned group, namely the people from all over Ireland and further afield who have staffed the protest camp which is situated right on the route of the proposed high-pressure gas pipeline at Rossport,

This camp, which is in the middle of an old turf bog, and which has been occupied round the clock since August even though it is gradually sinking into the aforementioned bog, is due to he dismantled later this week owing to the hardships and difficulties in trying to continue occupying it in the face of Atlantic gales and storms. The protesters intend to return in the spring. In the meantime a presence will be maintained in the area to keep an eye on things and to monitor any breaches of the “ceasefire” which may be perpetrated by Shell or the State. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

The Financial Times: Oil groups face rise in threats to security

By Jimmy Burns and Thomas Catan in London
Published: October 5 2005 03:00 | Last updated: October 5 2005 03:00

* Shell warning on risks from terrorism and corruption

* ‘It is very uncomfortable to produce oil with guns’

International terrorism, corruption and local activism are threatening oil operations in many countries, one of the sector’s senior security advisers has warned.

Ian McCredie, head of Global Security Services at Shell International, said the growing risks had forced Royal Dutch Shell to make its own security arrangements in “hostile environments”, covering many of the most important areas in which it operates. He pointed to 14 oil producing regions where local security forces were judged to be “largely ineffective”. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

BP spells out losses from hurricanes

Financial Times: BP spells out losses from hurricanes

“Royal Dutch Shell, BP’s Anglo-Dutch rival, has suffered extensive damage at its Mars platform, of which BP also owns 28.5 per cent. Shell hopes to have 60 per cent of its usual 450,000 barrels a day of production back on line by the end of the year, though it may not be producing from its Cognac field again until next year. Mr Lanstone calculates that Shell is likely to have lost at least 100,000 barrels a day of production this quarter because of the hurricanes, and 60,000 barrels a day of refined output.”

Wednesday 5 October 2005

By Thomas Catan and Carola Hoyos

Published: October 5 2005

BP on Tuesday became the first big oil company to put a price on the hurricanes that have ravaged the Gulf of Mexico in recent weeks.

Its loss of 145,000 barrels of oil equivalent a day in production was double the amount expected by some analysts, and means the company will miss its production target of 4.1m to 4.2m barrels of oil equivalent a day, set out in February.

The problems at the world’s second-biggest oil company by market value sent shock waves through the industry, deepening concern of the impact on rivals. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oil groups face rise in threats to security

Financial Times: Oil groups face rise in threats to security

“Shell has faced terrorist threats in Kuwait, Iraq, Saudi Arabia and Pakistan this year. One of its chartered vessels was hijacked in Somalia.”

Wednesday 5 October 2005

By Jimmy Burns and Thomas Catan in London

* Shell warning on risks from terrorism and corruption

* ‘It is very uncomfortable to produce oil with guns’

International terrorism, corruption and local activism are threatening oil operations in many countries, one of the sector’s senior security advisers has warned.

Ian McCredie, head of Global Security Services at Shell International, said the growing risks had forced Royal Dutch Shell to make its own security arrangements in “hostile environments”, covering many of the most important areas in which it operates. He pointed to 14 oil producing regions where local security forces were judged to be “largely ineffective”. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Hurricanes leave behind £4bn bill for oil giants

Daily Telegraph: Hurricanes leave behind £4bn bill for oil giants

“Similar problems are likely to dent Shell’s third-quarter figures with production from the Gulf down from 450,000 boepd to 160,000 boepd because of the storms at the end of last month.”

Wednesday 5 October 2005

By Christopher Hope, Business Correspondent (Filed: 05/10/2005)

The world’s biggest oil and gas companies are facing a $7.5billion (£4.3billion) bill from the hurricanes that lashed the Gulf of Mexico.

The news emerged as BP, the world’s number two oil and gas company, said the impact of hurricanes Rita and Katrina had knocked $700m (£400m) off its third-quarter profits.

Analysts at Wood MacKenzie estimated that 45m barrels of oil and 220billion cubic feet of gas, worth between $4billion and $5billion in lost revenues, had been “shut in” by the storms. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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