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Posts on ‘May 1st, 2010’

Slick engulfs oil industry’s sense of optimism

THE SUNDAY TELEGRAPH

At the World Economic Forum meeting in Davos in January there was standing room only at the session on the future of oil. Peter Voser, the chief executive of Royal Dutch Shell, sat alongside the head of the Saudi oil giant Aramco, Khalid al Falih, and the chairman of Total, Thierry Desmarest. In the middle was Tony Hayward, the chief executive of BP. The session was so popular, Davos staff had to turn people away at the door.

By Kamal Ahmed
Published: 9:02PM BST 01 May 2010

Mr Hayward spoke about the pressures the industry was under as it struggled to keep up with ever rising demand from the emerging economies. Such was the “supply challenge” companies would have to explore more and more difficult environments from which to gain oil – the lifeblood of markets around the world. A 40pc increase in demand would create the need for 15m barrels per day (bpd) increased production over the next two decades. 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.

BP Seeks Help From Other Oil Companies

THE WALL STREET JOURNAL

MAY 1, 2010

By GUY CHAZAN

BP PLC has asked for help from rival oil companies to deal with the oil spill rapidly approaching the Louisiana coastline, an admission that the British oil giant is running short of ideas for containing the looming environmental disaster.

The request comes with BP under increasing pressure from U.S. officials, who are ramping up their criticism of the company for failing to contain the slick, which could rival the 1989 Exxon Valdez disaster as the worst spill in U.S. history.

Some companies have already proffered assistance. BP is implementing an idea suggested by Exxon Mobil Corp. to inject dispersants, a type of chemical capable of dissipating slicks, directly into the oil stream as it emerges from the well. Until now, BP has only been spraying the dispersants onto the oil from above. 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.

Gulf spill could have Alaska repercussions

BACKLASH: State is next in line for drilling in federal waters.

By ELIZABETH BLUEMINK
[email protected]

Published: May 1st, 2010 11:45 PM
Last Modified: May 1st, 2010 11:46 PM

The oil gushing from a Gulf of Mexico oil well has the potential to touch Alaska in many ways.

Alaska is next in line, nationally, for offshore oil development in federal waters — Shell Oil hopes to drill exploration wells in the Beaufort and Chukchi seas this summer, opening a controversial new frontier for the state’s oil industry.

Investors’ jitters over future offshore oil production could boost Alaska oil prices — it happened Thursday, when the price for Alaska crude jumped by $2.70 to $83.97. 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.

BP Fought Safety Measures at Deepwater Oil Rigs

ABC NEWS: Owner of Louisiana Oil Well Objected to System That Would Have Shut Off Spill

By MATTHEW MOSK, BRIAN ROSS and RHONDA SCHWARTZ

Apr. 30, 2010

BP, the company that owned the Louisiana oil rig that exploded last week, spent years battling federal regulators over how many layers of safeguards would be needed to prevent a deepwater well from this type of accident.

One area of immediate concern, industry experts said, was the lack of a remote system that would have allowed workers to clamp shut Deepwater Horizon’s wellhead so it would not continue to gush oil. The rig is now spilling 210,000 gallons of oil a day 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.

BP and Shell ‘not meeting safety standards on North Sea oil rigs’

The Observer homeguardian.co.uk home

Health and Safety Executive serves ‘improvement notices’ after sharp rise in accidents

The Deepwater Horizon oil rig ablaze in the Gulf of Mexico. Photograph: Gerald Herbert/AP

BP and other oil companies operating in the North Sea have been warned by the Health and Safety Executive (HSE) that they are failing to operate rigs and other offshore equipment to appropriate standards, documents show.

The “improvement notices” from the offshore regulator come amid speculation that accident statistics covering the past 12 months show a marked increase in problems over a year earlier. 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.

White House response to BP oil spill

httpv://www.youtube.com/watch?v=qWLerxaa-vc

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.

BP’s Response to Oil Spill Lacking, Officials Say

May 1 (Bloomberg) -- BP Plc should be doing more to protect coastal areas in the Gulf of Mexico from an oil slick formed after a drilling rig explosion, state and federal officials said.

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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