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Posts on ‘February 8th, 2011’

Royal Dutch Shell fracking controversy

COMMENT BY AN OUTSPOKEN FORMER EMPLOYEE OF SHELL OIL USA

Reference the articles on the South African Karoo region shale gas production controversy, I have to side with Royal Dutch Shell, et al, on this issue.

I could write you a commentary on the hydraulic fracturing (‘frac’ing’) process and what it does, but it would be somewhat technical so I think I will let it slide.

Very briefly, ‘frac’ing’ is a very common technique used for stimulating production rates from both oil and gas reservoirs. There are two types of hydraulic ‘frac’ing’: acid frac’ing which is very common and done mostly in carbonate reservoirs, and sand or propant frac’ing which is also common and done in sandstone or shale reservoirs. 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 weighs LNG options with Gazprom

UPI.com

Published: Feb. 8, 2011 at 7:31 AM

MOSCOW, Feb. 8 (UPI) — Royal Dutch Shell could hand some of its assets in Asia over to Russia’s Gazprom in an effort to expand liquefied natural gas options, sources said.

Shell executives are said to be eager to add a third LNG unit at the Sakhalin-2 facility north of Japan. The move would increase output at the plant, Russia’s only such facility, by as much as 50 percent.

The Sakhalin-2 facility started operations in 2009. Shell, which holds a minority stake in the project, said the plant meets 5 percent of the world’s production of LNG when operating at full capacity. 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.

Oil giant Shell’s shale gas plans stir controversy

By Justine Gerardy (AFP) 8 February 2011

CAPE TOWN — Energy giant Royal Dutch Shell is targeting potential untapped shale gas reserves in coal-hungry South Africa where landowners – including a Dutch princess – are readying for a showdown.

Shell applied in December to explore 90,000 square kilometres — twice the size of Denmark — for gas deposits in the clay-like shale rock of the arid central Karoo.

“The shale gas potential is quite high, because there is a high volume of shale and therefore the potential for gas development is very big,” said Jenny Marot of the state’s Petroleum Agency SA (PASA). 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 Executives Convert Maximum Allowance of Bonus Into Shares

By Eduard Gismatullin – Feb 7, 2011 6:35 PM GMT+0000

Royal Dutch Shell Plc’s Chief Executive Officer Peter Voser and five other executives agreed to convert the maximum proportion of their bonus into stock.

Voser got 50 percent of his 2010 bonus, or the equivalent of 1.875 million euros ($2.55 million), converted into 73,457 class-A shares, the company said today in a statement.

Five more executives, including Chief Financial Officer Simon Henry, also converted half of their bonuses into shares. Marvin Odum, president of Shell’s U.S. business, was the only one listed in the statement who converted 25 percent of its bonus into the company shares. 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 really wants to frack up the Karoo

THE DAILY MAVERICK

Several oil companies hope to prospect the Karoo for natural gas using suspect methodologies which have farmers and townsfolk alike up in arms. The latest developments suggest the department of minerals is willing to put the prospecting process on hold – a concession that is nowhere near enough to placate the growing numbers of people opposed to Karoo fracking. By SIPHO HLONGWANE.

Royal Dutch Shell is seeking to prospect a total area of almost 100,000km²  made up of three segments of about 30,000km² of the in the ancient Karoo Basin in a bid to locate and extract shale gas via a method known as hydraulic fracturing, or fracking. Other companies are also seeking to prospect massive swathes of Eastern Cape, Western Cape, Free State and KwaZulu-Natal. Sasol wants to prospect more than 80,000km², mostly in Free State. Anglo American, Falcon Oil and Gas, and Bundu Gas and Oil Exploration have applied for prospecting rights to the Petroleum Agency South Africa. 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 Risks Paying Damages as Face-Off With AI, FoEI Worsens

Daily Independent (Lagos)

7 February 2011

Lagos — Royal Dutch Shell at the weekend continued its defence on allegation of environmental and human rights impacts in Nigeria even as the controversy of the company’s alleged cover up of 44, 000 barrels oil spill continued.

Shell stands the chance of paying damages if found guilty of the allegations, which are considered weighty in the wake of the billions of dollars in fines handed BP by the U.S. government over the Gulf of Mexico disaster.

Amnesty International (AI) and Friends of the Earth International (FoEI) had announced that they had filed formal complaints with the British and Dutch governments over Shell’s failure to take responsibility for the majority of the oil pollution in the Nigeria’s oil rich Niger Delta region. 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 Said to Offer Gazprom Assets to Gain LNG Plant Expansion

By Anna Shiryaevskaya – Feb 7, 2011 9:00 PM GMT+0000

Royal Dutch Shell Plc may offer OAO Gazprom assets in Asia in exchange for a deal to expand Russia’s only liquefied gas export plant, part of talks on a wider global alliance, said people with knowledge of the negotiations.

Shell wants to add a third liquefied natural gas production unit at the $22 billion Sakhalin-2 venture north of Japan, raising output 50 percent. The Hague-based company is selecting overseas assets to win support from Gazprom, said three people, declining to be identified because the plans are private. Shell may gain access to new offshore blocks to supply the plant. 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.