Published : Fri, 29 Jun 2007 09:04
OSLO (Thomson Financial) – Norwegian oil group Statoil and Britain’s Shell said they are scrapping plans to use carbon dioxide (CO2) to increase oil production.
An evaluation showed that ‘although the value chain is technically feasible, it is not commercial viable,’ Statoil said in a statement.
The project, announced in March 2006, involved the construction of a gas-fired power plant and a methanol production facility in Tjeldbergodden in central Norway, from which CO2 would be directly injected into the Draugen and Heidrun offshore fields to enhance oil and gas recovery.
It was designed to respond to the challenges of increasing energy supplies and addressing the related CO2 emissions, and was to be completed in 2012.
‘Use of CO2 for enhanced oil recovery on Draugen is not commercially defendable and thus will not make a positive contribution to the value chain,’ Statoil said.
‘The extra oil volumes that the Draugen licence operator believes to be recoverable are too low to justify the necessary investments in the field,’ it said.
Statoil said however it would continue ‘to explore if there is a possibility to establish the gas power plant at Tjeldbergodden with CO2 capture and storage’.
Shell pioneered CO2 for enhanced oil recovery in the 1970s, while Statoil is a pioneer in CO2 storage through its Sleipner field in the North Sea, Snoehvit in the Barents Sea and In Salah in Algeria.
ejp
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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