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Posts on ‘August 25th, 2010’

Dry Hole at Shell’s Gro Prospect Would Hinder Gas-Hub Efforts, Norway Says

Bloomberg

By Marianne Stigset – Aug 25, 2010 4:01 PM GMT+0100

A dry appraisal well at Royal Dutch Shell Plc’s Gro discovery in the Norwegian Sea would be a blow to efforts to develop a hub for natural gas production, the country’s Petroleum Directorate said.

Newspaper Upstream reported today that a Shell appraisal well at Gro was “virtually dry,” citing an unidentified person in the industry. The result means the volume estimate of 10 billion to 100 billion cubic meters of gas is expected to remain unchanged, Upstream said. 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 Pushes To Drill In Arctic, Faces Spill-Response Questions

THE WALL STREET JOURNAL

AUGUST 25, 2010

By Siobhan Hughes Of DOW JONES NEWSWIRES

WASHINGTON (Dow Jones)–A Royal Dutch Shell PLC (RDSA, RDSA.LN) executive told a commission investigating the BP PLC (BP, BP.LN) oil spill Wednesday that drilling off the coast of Alaska was safer than deepwater drilling in the Gulf of Mexico. He then faced challenges from a fellow panelist who said responding to a spill in Arctic waters would be much harder.

“It is adequate to proceed,” Joe Leimkuhler, an offshore well delivery manager for Shell Exploration and Production, told the National Commission on the BP-Deepwater Horizon Oil Spill and Offshore Drilling. Shell repeatedly has said it plans to drill in 150 feet of water, not the mile-foot depths BP was exploring. “In the Arctic the operating environment is indeed fundamentally different,” he said. He added that Shell plans to have “a flotilla of vessels” accompany drilling ships in the Arctic. 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.

Cosan, Shell sign binding deal on ethanol venture

REUTERS

SAO PAULO | Wed Aug 25, 2010 8:59am EDT

SAO PAULO (Reuters) – Royal Dutch Shell and Brazilian sugar and ethanol giant Cosan signed on Wednesday a binding agreement to create a global ethanol business, looking to benefit from growing demand for biofuels.

The joint venture, with estimated annual sales of $21 billion, was modified since its initial announcement in February to include all of Cosan’s energy generation business and 500 million reais ($283.6 million) in debt owed to Brazilian development bank BNDES.

Cosan, the world’s largest sugar and ethanol producer, also said in a securities filing that the initial accord was changed to make the venture a global biofuels provider. As a result of that, Cosan and Shell are barred from competing with the new entity. 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.

Ripples from Gulf of Mexico oil spill reach Holland

The Inspector General will also be aware of cost issues bearing in mind deteriorating income from North Sea Platforms and may be concerned that his former employer will return to its notorious “Touch F*** All” safety culture on its remaining platforms, including senior management approved falsification of safety records.

By John Donovan

As a result of the BP/Transocean disaster in the Gulf of Mexico, J.W. de Jong, M. Eng., the Inspector General of the Dutch government authority responsible for mining activities, including oil and gas exploration and production, has sent a notification with a deadline to all oil companies, including his former employer, Royal Dutch Shell.

It requires them to inform him by 2nd September on how they will deal with a worst case scenario and what measures they have to avoid this. He refers in the notification to the BP oil spill and wants to know what the oil industry has learnt from the Gulf of Mexico disaster. 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.

Legality of Shell pipe disputed

The Irish Times – Wednesday, August 25, 2010

The Shell gas refinery building site at Ballinaboy in north Co Mayo. A resumed Bord Pleanála hearing is considering Shell’s third proposed route for the final section of the Corrib gas pipeline, linking the offshore pipe landfall at Glengad to the gas terminal at Ballinaboy. Photograph: Mark Stedman/Photocall Ireland

LORNA SIGGINS, Western Correspondent, in Belmullet

A DISPUTE over the legality of a section of Shell’s Corrib gas pipeline which has already been laid dominated a resumed Bord Pleanála oral hearing in north Mayo yesterday. 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 Is Bidding for Exploration Rights Near Greenland, Times Says

Bloomberg

By Alan Purkiss – Aug 25, 2010 6:36 AM GMT+0100

BP Plc is one of 12 companies bidding for the right to explore for oil in deep water off western Greenland, the London-based Times reported, without saying where it got the information.

Greenland will probably name the winners of as many as 14 exploration blocks, covering the northern part of Baffin Bay, within the Arctic Circle, within weeks, the newspaper said, adding that the area is considered to be one of the world’s most fragile environments 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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