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Posts on ‘May 27th, 2012’

Motiva pretense over employee safety

Comment in response to the article:

 Fatal Accident at Motiva Enterprises oil refinery: When a Worker’s Life Is Worth Less Than Dead Fish

Motiva preaches safety, safety safety, but the bottom line, at least at the location where I was employed, was how much will that cost? The company rolls out all these programs with fancy names, such as safe start, barrier thinking, etc. which are supposed to teach employees how to work safely. the courses are O.K. and I’m sure Motiva paid a lot of money to implement them, BUT if the management doesn’t adhere to the purpose of such training, then why bother? as soon as you walk out of the training, it’s back to business as usual! my guess is Motiva will try to hide behind all this training, and be able to say, “we trained these people, but they didn’t do the right thing, so blame the employees, not Motiva” in the event of an incident. what a bunch of B/S. one of the main reasons why I left Motiva. the old saying practice what you preach does not apply at Motiva. 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.

Heavy ice could delay start of Shell Alaska’s Arctic drilling

By KIM MURPHY 26 May 2012

Los Angeles Times

SEATTLE — The heaviest polar ice in more than a decade could postpone the start of offshore oil drilling in the Arctic Ocean until the beginning of August, a delay of up to two weeks, Shell Alaska officials said.

Unveiling a newly refurbished ice-class rig that is poised to begin drilling two exploratory wells this summer in the Beaufort Sea, Shell executives said Friday that the unusually robust sea ice would further narrow what already is a tight window for operations. The company’s $4-billion program is designed to measure the extent of what could be the United States’ most important new inventory of oil and gas. 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.

Lloyd’s of London preparing for euro collapse

The chief executive of the multi-billion pound Lloyd’s of London has publicly admitted that the world’s leading insurance market is prepared for a collapse in the single currency and has reduced its exposure “as much as possible” to the crisis-ridden continent.

2:50PM BST 27 May 2012

Richard Ward said the London market had put in place a contingency plan to switch euro underwriting to multi-currency settlement if Greece abandoned the euro.

In an interview with The Sunday Telegraph he also revealed that Lloyd’s could have to take writedowns on its £58.9bn investment portfolio if the eurozone collapses.

Europe accounts for 18pc of Lloyd’s £23.5bn of gross written premiums, mostly in France, Germany, Spain and Italy. The market also has a fledgling operation in Poland. 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.

Putin Tells Shtokman Partners to Decide Faster

27 May 2012: Reuters President Vladimir Putin urged partners in the Gazprom-led Shtokman gas project to speed up a final investment decision.

“So far, there has been no final decision on Shtokman, but we have to move actively,” he said Friday.

Putin also said that a decision could be made during an international economic forum in St. Petersburg in June.

Earlier Friday, sources said Royal Dutch Shell might join the project and Norway’s Statoil may leave it. Statoil owns 24 percent of Shtokman, France’s Total owns 25 percent, and Gazprom has a controlling stake of 51 percent.

“I take [the meeting with Putin] as a signal of the importance of the energy sector for Russia and the world,” said Statoil chief executive Helge Lund. “Shtokman is a pioneering project, the first of its kind in a very harsh environment. It’s a big opportunity, but there’s also many challenges which we have to solve on the way.” 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.

Appeals court green-lights Shell Oil’s drilling in Alaska Arctic this year

Posted on Sat, May. 26, 2012 09:41 PM

ANCHORAGE, Alaska — An appeals court has sided with the federal government in giving the go-ahead to Shell Oil Co. to move forward with drilling in the Alaska Arctic this year, according to a ruling issued Friday night.

The 9th U.S. Circuit Court of Appeals rejected challenges by Alaska Native groups to Shell’s exploration plan in the Beaufort Sea, and, in a separate memorandum, also denied petitions challenging its plan for the Chukchi Sea.

The Native Village of Point Hope and the Inupiat Community of the North Slope asserted the federal Bureau of Ocean Energy Management failed to properly consider the risks of drilling in the Arctic in approving Shell’s plans. A number of environmental groups, including Greenpeace, the Sierra Club and the Wilderness Society, also challenged the federal approval. 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 paid no bonuses in 2003

Jeroen van der Veer told staff in Houston, Texas, this week that he would not tolerate “bullying” within the company, and admitted that its dealings with business partners had often been “arrogant”.

FROM OUR ARCHIVES…

Financial Times: Shell executives paid no bonuses in 2003

By Adrian Michaels

Published: May 28 2004

Royal Dutch/Shell, the embattled oil company, on Thursday said it had paid no bonuses to senior executives last year, seeking to reassure investors after months of turmoil and resignations as it published its annual report.

The report, which was publised two months later than usual, also contained expanded information on Shell’s controversial oil and gas reserves. Reserves were separated out geographically by continent for the first time and there was a fuller explanation of reserve accounting policies.
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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