By Beate Evensen
June 29 (Bloomberg) — Statoil ASA, Norway’s largest oil producer, said a project with Royal Dutch Shell Plc to use carbon dioxide to increase production from the Draugen field offshore Norway wouldn’t be profitable.
The two companies have studied whether to use carbon dioxide, a greenhouse gas blamed for global warming, from a proposed natural-gas-fired power plant at Tjeldbergodden in central Norway to raise output at offshore fields by injecting the gas into the reservoirs.
“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,” Shell and Stavanger, Norway- based Statoil said today in a joint statement on Statoil’s Web site.
Gas-fired power production with carbon-dioxide capture “is currently not profitable” in Norway, Statoil said.
“The companies will during this autumn complete the technical studies on carbon capture, and continue to explore if there is a possibility to establish the gas power plant at Tjeldbergodden with CO2 capture and storage,” they said.
To contact the reporter on this story: Beate Evensen in Oslo at [email protected]
Last Updated: June 29, 2007 02:41 EDT
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.
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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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
