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Posts on ‘July 30th, 2010’

SHELL CERTAIN IT CAN RIDE OUT GULF STORM

Express.co.uk - Home of the Daily and Sunday Express Express - Breaking news, sport and showbiz from the World's Greatest Newspaper

By Andrew Johnson: Friday July 30, 2010

ROYAL Dutch Shell yesterday expressed confidence in its safety standards in the wake of BP’s Gulf of Mexico oil spill as it unveiled a near doubling in profits to $4.5billion (£2.9billion) for the second quarter to June.

Chief executive Peter Voser (right) said the disaster was a “tragedy” that would have “far-reaching implications” for the whole industry.
Stricter rules are expected to drive up costs. However, he said Shell already complied with or exceeded most of the changes to safety regulations now being proposed, before adding: “At the end of the day, you will not be in a position to say it will never happen, because accidents do happen.”

Shell took a $56million hit from the deep water drilling ban imposed by the US government after the spill, which is expected to cost three million barrels of oil this year in production. Voser did not rule out trying to reclaim the money from BP. 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.

Latest Corrib delay exposes monumental folly of Bellanaboy plan

Tuesday, July 27, 2010

Western People

EDITORIAL: Latest Corrib delay exposes monumental folly of Bellanaboy plan

It is almost ten years since plans were unveiled for a gas processing facility at Bellanaboy in North Mayo.  When permission was initially sought from Mayo Co Council for the gas terminal, the promoters of the Corrib project  confidently predicted that gas would flow by late 2003.  Last week’s revelations confirm that Corrib is now a decade behind its initial schedule and millions of euro over budget. 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 spill cases head to court as Shell counts cost

Potentially adding its name to the line of claimants, Royal Dutch Shell Plc (RDSa.L) idled seven rigs and took a $56 million charge related to the drilling ban on Thursday. Saying the ban would reduce its production by almost 3 million barrels this year, the company did not rule out reclaiming the cash from BP. Shell, one of the biggest oil producers in the Gulf of Mexico, said it had idled rigs rather than move them elsewhere because the ban's six-month duration meant it was not profitable to redeploy them to other areas.

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.

Obama Turns to China, Mideast to Bid to Get Iran Sanctions `Globalized’

Shell is among companies that have said they’re still considering whether to continue their investments, he said. New sanctions adopted this month by the European Union probably will accelerate Shell’s decision, he 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.

Shell defends deep water drilling as cuts boost profits

Telegraph.co.uk

Royal Dutch Shell has defended the safety record of deepwater drilling, as cost-cutting helped it to make $4.4bn of profits in the last quarter.

By Rowena Mason
Published: 6:30AM BST 30 Jul 2010

The oil giant slashed its spending by $3.5bn over the last 18 months by shedding 7,000 staff and making operational savings. It saw a 15pc increase in profits – on a cost of supply basis stripping out inventory changes – and 49pc rise in pre-tax profits to $8.7bn.

Peter Voser, the chief executive, insisted that safety budgets and asset integrity had been ring-fenced from the cuts. US politicians have blamed cost-cutting for contributing to the Deepwater Horizon explosion and oil leak – an allegation that BP denies. 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.

US gas stations: Stay BP or change name to Amoco?

NEW ORLEANS — BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its effort to repair the company's badly damaged reputation.

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.

Exxon Mobil sponsors Australian Journalism conference

The PR Report

“What’s the story?” is the title for the Australian Journalists 2010 annual conference. It’s a good theme; the core of excellent journalism is to ask the question “what’s the story?”

Which leads nicely to this question: what’s the story with the Australian Journalists union accepting sponsorship from Exxon Mobil?

See the details on the Walkley/MEAA website here:
http://www.walkleyconference.com.au/supporters

Why is Exxon Mobil the GOLD Sponsor of the Australian Journalism conference? Given the recent public relations disasters by oil giant BP, and allegations of oil companies funding specific academics and conferences, (link to Clive Hamilton’s blog on the Australian Broadcasting Corporation’s commentary website, The Drum), is this the image the Australian Journalist’s peak body is after? 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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