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Posts on ‘April 28th, 2010’

‘Controlled Burn’ Considered for Gulf Oil Spill

NEW YORK TIMES

A version of this article appeared in print on April 28, 2010, on page A1 of the New York edition.

By LESLIE KAUFMAN

With a vast oil slick now within only 20 miles of the ecologically fragile Louisiana coastline, Coast Guard officials said they were considering a “controlled burn” of the petroleum on the surface of the Gulf of Mexico.

Rear Adm. Mary E. Landry, the federal on-scene coordinator for the spill, said such a burn might be conducted as soon as Wednesday.

A joint government and industry task force has been unable to stop crude oil from streaming out of a broken pipe attached to a well 5,000 feet below sea level. The leaks were found Saturday, days after an oil rig to which the pipe was attached exploded and sank in the gulf about 50 miles southeast of Venice, La. An estimated 42,000 gallons a day are now spilling into the Gulf of Mexico. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Higher oil prices lift Royal Dutch Shell’s profits by 60 per cent

Times Online

April 28, 2010 Robin Pagnamenta, Energy Editor

Royal Dutch Shell announced a 60 per cent increase in profits this morning, propelled by higher oil and gas prices and growth in production.

Shell, Europe’s biggest oil company, said that the current cost of supply profits, a key industry measure which strips out fluctuations in the price of energy, reached $4.8 billion in the three months to March 31, up from $3 billion a year ago.

The performance was boosted by a 6 per cent increase in the Anglo-Dutch company’s oil and gas production, which hit 3.59 million barrels per day after the ramp-up of the Sakhalin II project in Russia and Parque das Conchas in Brazil. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Widens Talks On Sale Of European Refineries

Shell Stanlow Refiney

THE WALL STREET JOURNAL

APRIL 28, 2010

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) is still in talks with Essar Oil Ltd. (500134.BY) over the sale of three of its European refineries, but the company has also initiated talks with other parties, Chief Financial Officer Simon Henry said Wednesday.

Other potential buyers include private equity groups and state-controlled oil companies from outside Europe, he said.

Shell entered exclusive talks with Essar over the sale of the three refineries–Stanlow in the U.K. and the Heide and Harburg refineries in Germany–late last year, but talks between the companies have failed to reach a conclusion. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell sees profits surge on oil price rise

By Daily Mail Reporter
Last updated at 8:43 AM on 28th April 2010

Oil giant Royal Dutch Shell today revealed that profits rose almost 50 per cent during the first three months of the year as it joined rival BP in benefiting from higher oil prices.

The Anglo-Dutch firm reported earnings of $4.9bn (£3.2bn) for the first three months of the year – just one day after BP posted profits of $5.6bn (£3.6bn) for the same period.

The profit surge has been fuelled by a marked increase in the price of crude oil. At the height of the recession in 2009, the average price of oil was just above $41 a barrel. In contrast, the average price for the first quarter of 2010 stands at $76 a barrel.
read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell 1Q Beats Consensus On Improved Oil, Gas Output

THE WALL STREET JOURNAL

28 APRIL 20010 By James Herron Of DOW JONES NEWSWIRES

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) Wednesday posted a consensus-beating 60% rise in adjusted profit for the first quarter due to higher oil prices and output that grew much faster than expected.

“We are making good progress in improving our near-term performance, delivering a new wave of production growth,” said Chief Executive Officer Peter Voser. “Our results reflected the successful ramp-up of our new upstream projects in Russia and Brazil, supporting a 6% increase in our production.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Security firm for Shell at Corrib site rejects ‘conclusion on alleged assault’

The Irish Times – Wednesday, April 28, 2010

LORNA SIGGINS Western Correspondent

THE COMPANY providing security to Shell at the Corrib gas project in north Mayo for the past two years has said it rejects outright a “central conclusion” of a report on the dispute at the site by a human rights organisation.

The security company I-RMS said yesterday that Rossport farmer Willie Corduff was “not assaulted” last April at the Corrib gas pipeline landfall at Glengad.

It is seeking a “retraction of any insinuations in the Front Line human rights report that I-RMS was involved in any assault on Mr Corduff” and says the report must be amended to include recent findings by the Director of Public Prosecutions (DPP). read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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