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Posts on ‘September 16th, 2010’

Shell, BP May Reap `Serious Profit’ by Using CO2 in Oil Fields

Bloomberg

By Catherine Airlie – Sep 16, 2010 12:00 AM GMT+0100

Royal Dutch Shell Plc and BP Plc stand to make “serious profit” by pumping carbon dioxide from European power plants into North Sea oil fields, according to Petroleum and Renewable Energy Company Ltd.

Putting carbon dioxide into old oil wells may yield profits of as much as $40 a metric ton in the next decade, Stewart Whiteley, managing director at the consultant known as Petrenel, said today at a seminar at London’s Geological Society. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell starts mining second oil sands project

THE GLOBE AND MAIL

Wednesday, September 15, 2010 6:02 PM

Tim Kiladze

For the past five years, Royal Dutch Shell PLC (RDS.B-N56.810.611.09%) has been digging its Jackpike Mine and building infrastructure around it, such as cooling towers and crushers, all as part of its Athabasca Oil Sands Project that has a current productoin capacity of 155,000 barrels of oil a day.

The new mine is now ready to start digging up oil sands bitumen and will eventually add another 100,000 barrels of oil a day to Shell’s capacity. By bringing the new project on stream, Shell predicts its global oil and gas production will rise by 11 per cent from 2009 to 2012. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com