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Posts on ‘December 2nd, 2010’

Shell to be prosecuted over Bacton gas terminal fire

Royal Dutch Shell is facing “serious” charges for alleged environmental and safety problems connected to a fire at its Bacton gas terminal almost three years ago.

The price of Brent crude oil jumped to more than $100 per barrel when the fire broke out at a water treatment plant at Bacton gas terminal in February 2008

Rowena Mason

By Rowena Mason 6:50PM GMT 02 Dec 2010

The Environment Agency and the Health and Safety Executive (HSE) told the energy giant’s UK subsidiary on Thursday that the company will be prosecuted jointly by both authorities.

The price of Brent crude oil jumped to more than $100 per barrel when the fire broke out at a water treatment plant at the terminal in February 2008. 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.

Iraqi oil reserves looking bullish

Published: Dec. 2, 2010 at 10:39 AM

LEXINGTON, Mass., Dec. 2 (UPI) — If all things go according to production plans in Iraq, oil production there could outpace Saudi Arabia within roughly seven years, an analyst said.

Supermajors Royal Dutch Shell and Exxon Mobil said they could eventually produce around 2.8 million barrels of oil per day from the West Qurna-1 field in Iraq.

Sameul Ciszuk, a Middle East energy analyst at IHS Global Insight, was quoted by Emirati news agency The National as saying much of Iraq’s quoted potential is based on technology used more than 30 years ago. 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 rethink on oil stance angers industry

Financial Times

By Ed Crooks in New York

Published: December 2 2010 00:26 | Last updated: December 2 2010 00:26

Oil and gas drilling in Arctic waters off Alaska faces further delays, while areas in the eastern Gulf of Mexico and off the US southern Atlantic coast will remain off-limits, the government said on Thursday, sparking criticism from industry groups and Republicans.

Reversing its proposals from March – before the Deepwater Horizon disaster – that would have opened more coastline for oil and gas development, the department of the interior said it would not sell any exploration leases in the eastern gulf or southern Atlantic at least until 2017. 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.

Royal Dutch Shell: History vs Present Behavior

“Mr V enjoys a new +22% salary up from 3.2M in ’09 to 4.4M. Now don’t get me wrong, he did an excellent job of getting rid of ~6000 employees and made sure all who followed the rules were also rewarded, whether they drank too much, sexually accosted their underlings, had sex on company property, or perhaps circumvented environmental regulations…”

Posting on Shell Blog by “alwayswary” on Dec 2nd, 2010 at 1:29 am

We can look at this history vs present behavior in another way. As I stated previously, the move from whole system/eco-sustainability toward dominance of the fittest, is where corrupt ethical and moral practices displace responsibility. The ‘dialogue’ that is taking place has been loud and clear for the past couple of years: managers play with US regulators, managers indulge in hedonistic self-centered activities, we indulge in the pursuit of energy profits even in Iran, AND rewards keep flowing for top leaders. 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 encouraged by Salazar’s Arctic oil plans

Reuters Africa Wed Dec 1, 2010 10:53pm GMT

* Shell Alaska drill permit being considered

* Shell says plans to drill in 2011

* Administration may allow Alaska lease sales from 2012

By Yereth Rosen

ANCHORAGE, Alaska, Dec 1 (Reuters) – Royal Dutch Shell (RDSa.L: Quote), which has invested over $3.5 billion since 2005 in a program to find oil in Arctic waters off Alaska, welcomed the U.S. Interior Secretary’s announcement on Wednesday that the administration is considering approving future development in the region.

Despite banning drilling in Atlantic Coast waters and off Florida’s Gulf shoreline — largely a reaction to BP’s (BP.L: Quote) massive oil spill earlier this year — Interior Secretary Ken Salazar said the agency that oversees offshore oil and gas drilling is processing Shell’s application to drill a well off Alaska next summer. [ID:nN01148955] 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 and Gazprom sign ‘global co-operation’ pact

guardian.co.uk home

Deal will give Shell access to Russia’s huge oil and gas reserves

Tuesday 30 November 2010 19.05 GMT

Tim Webb

In 2006, Shell was forced to halve its controlling stake in Sakhalin II and hand control to Gazprom following intense pressure from the Kremlin. Photograph: Newscast/Jess Jones/EPA

Almost four years after Shell was forced to cede control of a $20bn (£12.8bn) gas project to its Russian rival Gazprom, the two companies have signed a new agreement on “global co-operation”.

The pact will make it easier for Shell to access Russia‘s vast oil and gas reserves in Siberia and the far east. In return, state controlled Gazprom will become a partner on as yet unspecified Shell projects outside Russia. 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.

Gazprom and Shell to develop energy projects together

The Telegraph: Gazprom and Shell to develop energy projects together

A new “special relationship” between Royal Dutch Shell and Russian state gas giant Gazprom will see the two companies develop more energy projects together.

Shell has agreed to let Gazprom share some of its projects abroad if it is allowed to help develop the third and fourth stages of the Sakhalin project Rowena Mason By Rowena Mason 8:31PM GMT 30 Nov 2010

Four years after Russia forced Shell to cede control of its $22bn (£14bn) Siberian field, Sakhalin-2, to Gazprom, it appears that cordial relations have been re-established.

As part of the deal Shell has agreed to let Gazprom share some of its projects abroad if it is allowed to help develop the third and fourth stages of the Sakhalin project.

Deals could even take the form of asset swaps, as Gazprom seeks to increase its presence on the international stage.

The agreement appears to continue a remarkable turnaround in historically strained relations between Shell and Russia. 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.

Barack Obama reverses on offshore drilling


The admin is reviewing drilling and safety standards in the wake of the Gulf of Mexico spill. | AP Photo By DARREN GOODE | 12/1/10 12:03 PM EST

The White House’s uneasy on again, off again relationship with offshore oil drilling is off again.

Wednesday, the Interior Department said it would not propose oil exploration off the Atlantic and Pacific coastlines or the eastern Gulf of Mexico for at least seven years.

But unlike the late March announcement when President Barack Obama took to the podium to embrace domestic energy production and call for bipartisan support in Congress, Wednesday’s declaration came with little fanfare – a press release and a phone call with reporters by Interior Secretary Ken Salazar. 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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