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Posts on ‘December 5th, 2011’

OGONI OPEN LETTER TO PRESIDENT GOODLUCK JONATHAN

Graphic from the Guardian article Unloveable Shell, the Goddess of Oil

AN OPEN LETTER TO PRESIDENT GOODLUCK EBELE JONATHAN ON THE PROPOSED ENVIRONMENTAL CLEANING OF OGONILAND BASED ON THE UNEP REPORT/ RECOMMENDATIONS.

December 5, 2011, 2011

Dr. Goodluck Ebele Jonathan (GCFR)
President and Commander-In-Chief,
Armed Forces of the
Federal Republic of Nigeria.
Aso Rock, Abuja.

His Excellency,

We the Ogoni students in diaspora, whose parents, siblings, friends and homeland are seriously threatened from  human and  cooperate environmental policies to extinction by Shell for over five decades in Ogoniland, are greatly honored to write  you and the people of Nigeria on the need to urgently address the environmental pollution and concerns of the Ogoni people. We still repose our confidence in you, especially in solving the monumental environmental tragedy that the people of Ogoni, Niger Delta and this great nation are faced with. We urge you therefore to use your leadership in providing credible plan that will ultimately address the environmental cleaning, along with adequate compensation to the Ogoni people for social, health and economic damages. 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 quiet on refinery

SHELL Australia has again failed to guarantee the future of its refinery operations in Geelong, as the company looks to scale back in the face of increased Asian competition and reduced margins.

Cameron Best   |  December 6th, 2011

SHELL Australia has again failed to guarantee the future of its refinery operations in Geelong, as the company looks to scale back in the face of increased Asian competition and reduced margins.

While the company issued its standard “we never speculate on speculation” line, it admitted the Geelong refinery faced challenging times in a highly competitive environment.

“While the company does not speculate on the future of any of its assets, it is worth noting significant investment decisions made by Shell in the last 12 months,” Shell Australia spokesman Paul Zennaro 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.

Iraq oil hub Basra wants bigger say, more autonomy

Officials in Iraq’s southern oil hub Basra are trying to cancel a $17 billion Shell gas deal…

By Rania El Gamal

BASRA, Iraq | Mon Dec 5, 2011 7:43am EST

Dec 5 (Reuters) – Officials in Iraq’s southern oil hub Basra are trying to cancel a $17 billion Shell gas deal because they want a bigger say, highlighting the pressure on central government to ease its control over the provinces.

Basra, where dozens of international oil companies signed up to develop some of Iraq’s largest oilfields, is increasingly restless with the slow pace of development in the province and wants more control over its natural resources and revenues. 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.

North America: US has its eye on oil independence

FINANCIAL TIMES

By Ed Crooks

For decades, America has worried about Saudi Arabia’s plans for oil production; now Saudi Arabia is starting to worry about the US.

In a reversal of roles, US oil production has begun to rise, and expectations are growing that North America (including Canada, where production is growing even faster) will become an increasingly potent force in world oil markets.

FULL ARTICLE

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.

Conservationists Ask Christy Clark to Ban Coalbed Methane Drilling in BC’s Sacred Headwaters

Conservationists Ask Christy Clark to Ban Coalbed Methane Drilling in BC’s Sacred Headwaters, Once and For All

With moratorium set to expire in one year, the Sacred Headwaters offer a potential political win for BC’s Premier – or a potential PR nightmare for gas development.

VANCOUVER, BRITISH COLUMBIA, Dec 05, 2011 (MARKETWIRE via COMTEX) — There is one year remaining on the B.C. government’s moratorium on coalbed methane drilling in the Sacred Headwaters, and conservation groups ForestEthics and the Skeena Watershed Conservation Coalition are calling on Christy Clark to institute a permanent ban on drilling in the area.

The request comes as the groups are ramping up their campaign against Shell and the B.C. government, to protect the Sacred Headwaters. A lump of coal and giant greeting card were delivered this morning to Royal Dutch CEO, Peter Voser, at his office in the Hague, Netherlands, issuing a one year ultimatum for Shell to abandon its plans to drill in the headwaters, and reminding the company that 60,000 people have signed a petition opposing its plans. 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.

HSBC fined £10.5m for ripping off OAPs

Mon, 05 Dec 2011

By STEVE HAWKES, Business Editor

BANKING giant HSBC faces a nearly £40million bill after being found guilty of ripping off almost 2,500 pensioners.

The City regulator today said elderly customers who were mis-sold products were more likely to DIE than benefit from their investment bonds.

The Financial Services Authority fined HSBC £10.5million — its biggest ever retail fine.

It also said the bank was set to pay £29.3million in compensation.

FULL ARTICLE

RELATED

The 10 biggest Financial Services Authority fines

HSBC has been handed a £10,5m fine, but it is not the biggest financial slap on the wrist handed down by the FSA.

£33,320,000 JPMorgan Securities Ltd
Failing to protect client money by segregating it appropriately.

£17,500,000 Goldman Sachs International
For weaknesses in controls resulting in failure to provide FSA with appropriate information 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: Looking At Gas-To-Liquids Projects In US

DECEMBER 5, 2011

DOHA (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) is in the early stages of planning projects to turn natural gas into fuels like diesel in the U.S., of similar scale to its huge project in Qatar, Andy Brown, executive vice president of Shell, said in Qatar Monday.

“We are looking for places where gas is cheap and [oil] products are expensive,” he said at a press briefing at the World Petroleum Congress in Doha, Qatar. “Clearly the U.S. is something we’re looking at.” 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.

RTÉ report on Corrib tape breached ‘fairness’

LORNA SIGGINS, Western Correspondent

THE BROADCASTING Authority of Ireland has upheld complaints about RTÉ television’s reporting of an investigation by the Garda Síochána Ombudsman Commission into the Corrib tape controversy.

The authority found two RTÉ television news broadcasts on July 28th, 2011, on the findings of the interim Garda ombudsman report, were in breach of “fairness, objectivity and impartiality in current affairs” under section 48(1) of the 2009 Broadcasting Act. 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 is not leaving Nigeria, says Senate

By Onyedi Ojiabor 5 December 2011

The Senate has desrcribed as wrong reports that Shell Petroleum Development Company (SPDC) is planning to move out of the country because it ceded some of its investment to local operators.

In an interview with The Nation, Chairman, Senate Committee on Petroleum Resources (Upstream), Senator Emmanuel Paulker, shed some light on the report that some International Oil Companies (IOCs) including SPDC may have concluded arrangements to leave  the country due to increasing insecurity in Abuja. 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.

Spills, violence follow Shell Oil in Nigeria

By LISA DEMER

Published: December 4th, 2011 10:52 PM

Ask almost any environmental activist about Shell and he’ll point to Nigeria, in West Africa.

Environmentalists say decades of oil production have left the Niger Delta one of the most polluted regions in the world. Shell is Nigeria’s biggest operator, with more than 50 years of oil production there, and it’s a main target of activists’ wrath.

The political and social situation there is far more complex than anything Shell will encounter in Alaska. 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’s giant gas field in Norway suffers power dip

Mon Dec 5, 2011 7:47am GMT

* Ormen Lange suffers power dip and ramp up problems

* Plant consuming 20 MW vs installed capacity of 200 MW

OSLO Dec 5 (Reuters) – The plant processing gas from Ormen Lange, Royal Dutch Shell’s giant field off Norway, suffered a power dip on Monday, the energy firm told the Nordic power bourse in a message, curtailing a key gas supply to Europe.

The plant processing gas from the offshore field, which can supply up to 20 percent of Britain’s gas needs, gets all its power from the Norwegian national grid so a cut in power supply is likely to have affected processing activities. 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.

Departing regulator hopes offshore reforms stick

By JENNIFER A. DLOUHY, WASHINGTON BUREAU

Published 12:25 a.m., Saturday, December 3, 2011


WASHINGTON – When Michael Bromwich took over the helm of the agency overseeing offshore drilling 17 months ago, oil was still gushing into the Gulf of Mexico and a handful of ethical lapses had shattered public confidence in the ability of federal regulators to police the industry.

Now, Bromwich is leaving the Interior Department after leading a major overhaul of the government’s offshore drilling oversight programs and imposing a swath of new regulations designed to boost the safety of coastal oil and gas exploration. 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.

Big Oil Heads Back Home

Energy companies are shifting their focus away from the Middle East and toward the West—with profound implications for the companies, global politics and consumers

DECEMBER 5, 2011

By GUY CHAZAN


Big Oil is redrawing the energy map.

For decades, its main stomping grounds were in the developing world—exotic locales like the Persian Gulf and the desert sands of North Africa, the Niger Delta and the Caspian Sea. But in recent years, that geographical focus has undergone a radical change. Western energy giants are increasingly hunting for supplies in rich, developed countries—a shift that could have profound implications for the industry, global politics and consumers.

Driving the change is the boom in unconventionals—the tough kinds of hydrocarbons like shale gas and oil sands that were once considered too difficult and expensive to extract and are now being exploited on an unprecedented scale from Australia to Canada. 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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