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Posts on ‘May 24th, 2010’

U.S. House Proposes Penalty on Firms With Iran Oil Deals

THE WALL STREET JOURNAL

By SPENCER SWARTZ And STEVE STECKLOW

A U.S. House committee has proposed barring the Pentagon from buying fuel from companies that do business with Iran’s energy industry—a stance that is a long shot for becoming law but that underscores U.S. lawmakers’ ongoing dissatisfaction with international efforts to slap tough sanctions on the nuclear ambitions of Tehran.

An amendment to a defense-spending bill, co-sponsored by a Republican and a Democrat and passed with full support in the House Armed Services Committee, would cost some European oil firms billions of dollars in Pentagon contracts if they buy Iranian oil, and would dramatically escalate U.S. sanctions against Tehran. “The Secretary of Defense may not enter into any contract with an entity that engages in commercial activity in the energy sector of Iran,” the amendment says, according to a copy reviewed by The Wall Street Journal. 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.

Blowout preventer problems were known as early as 2002

Years before the Gulf of Mexico became witness to the nightmare scenario of an unstoppable volcano of crude oil gushing from an unplugged oil well deep beneath the ocean, both the oil industry and the federal agency charged with monitoring seabed drilling off America's coasts knew the last-ditch "failsafe" technology intended to prevent just this sort of catastrophe might not work.

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 oil spill: similar disaster could occur in Arctic later this year

Daily Telegraph

The oil spill in the Gulf of Mexico has heightened fears of a similar disaster occurring off America’s Arctic coast, where Shell is due to begin exploratory drilling later this year.

Smoke rises from a controlled burn in the Gulf of Mexico by BP Photo: GETTY IMAGES

By Alex Spillius in Washington
Published: 6:30PM BST 23 May 2010

President Barack Obama has ordered a review of the Anglo-Dutch firms plan’s to drill off the coast of Alaska.

Activists have claimed that the remote nature of the proposed drilling site, sub-zero temperatures and gale-force winds would be formidable obstacles to any potential clean-up operation.

The Alaska Wilderness League said in a statement that it would be almost impossible to mount the kind of clean-up witnessed in the Gulf of Mexico, describing the Arctic as one of the “most remote and extreme environments on Earth”. 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.

Corrib terminal to test gas from grid

Shell declined to give a predicted date for full production pending the outcome of the planning application. However, it is unlikely full production will start before next year.

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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