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Posts on ‘May 29th, 2012’

9th Circuit gives final approval to Shell exploration plan

May 29, 2012 – 10:09 AM AKST

9th Circuit gives final approval to Shell exploration plan

Tim Bradner, Alaska Journal of Commerce

A federal appeals court upheld the government’s approval of an exploration plan filed by Shell to explore its outer continental shelf leases in the Arctic in 2012.

The unanimous May 25 decision was by a three-judge panel of the 9th Circuit Court of Appeals.

Greenpeace, the Sierra Club, the Wilderness Society and two Alaskan Inupiat groups had appealed the approval of the Beaufort Sea and Chukchi Sea drilling plans given by the Bureau of Ocean Energy Management last August.

The challengers had claimed that Shell’s proposal for a well-capping stack and containment system in the event of an oil spill was incomplete and that it had failed to fully inform the government about its oil spill response plan. 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 sees low cost expansion in Canada’s oil sands

CALGARY, Alberta | Tue May 29, 2012 5:05pm EDT

May 29 (Reuters) – Peter Voser, chief executive of Royal Dutch Shell Plc said on Tuesday that the company expects to expand production from its 255,000 barrel per day Athabasca Oil Sands Project by as much as 90,000 bpd by the end of the decade.

Voser told reporters in Calgary that Shell plans a series of debottlenecking operations that will add new production at a cost of less than $50 per barrel.

He also warned that Canada has to become competitive in Asia’s liquefied natural gas market during the current decade. 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.

Forbes.com: S&P may still cut Shell Group entities

FROM OUR ARCHIVES…

Forbes.com: S&P may still cut Shell Group entities

Reuters, 05.28.04, 10:39 AM ET

Posted 29 May 04

(The following statement was released by the ratings agency)

NEW YORK, May 28 – Standard & Poor’s Ratings Services said today that, following the release of the Royal Dutch/Shell Group of Companies’ (Shell) audited 2003 annual report, its ‘AA+’ long-term ratings on Shell and the group’s fully owned subsidiaries Shell Oil Co., Shell Petroleum N.V., and Shell Petroleum Co., Ltd., remain on CreditWatch with negative implications, where they were placed on Jan. 9, 2004.
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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.

HAGUE TRIES TO HALT SHELL ‘MURDER’ CASE

“The allegations are grave: rape, systematic and widespread torture, extrajudicial killings.”

THE SUNDAY TIMES: HAGUE TRIES TO HALT SHELL ‘MURDER’ CASE

27 May 2012

WILLIAM HAGUE has been accused of hypocrisy after the government intervened on the side of Shell, Britain’s biggest company, over court claims the oil giant was complicit in torture and murder.

The foreign secretary is facing pressure from human rights groups over Britain’s role in a case in America’s highest court being brought by the families of 12 people from Nigeria’s Ogoniland community.

The case puts Britain in conflict with President Barack Obama’s administration, which argues the families should be allowed to sue Shell over claims their relatives were tortured and killed by Nigerian troops in the Niger delta in the 1990s. 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 Tackles Gasoline Pump Fraud

CSP Exclusive

Shell Tackles Gasoline Pump Fraud

Sees a “significant reduction” in skimming from security initiative
By Carole Donoghue CSP Daily News | May 28, 2012

HOUSTON A Counterfeit Skimming Initiative has produced a “significant reduction” in gasoline pump skimmers being placed on equipment at Shell-branded gas stations.

Acknowledging that pump fraud has become a constant battle ground as gasoline prices hit new peaks each year, Shell Oil has been proactive in tackling the issue at the pump through new programs, proprietary anti-fraud tools and closer collaboration with card issuers and law enforcement.

“Organized crime is well financed and highly mobile, so they can move easily between cities when they start feeling the heat in one,” Mike Swillo, U.S. credit-card operations manager for Houston-based Shell, told CSP Daily Newsin an exclusive interview. “It’s like having 10 fingers and 15 pegs: You hit it on the head here and it pops up over there.” 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 First Major To Exit Oil Blocks In Post-War Libya

Published May 28, 2012 Dow Jones Newswires

LONDON –  Royal Dutch Shell PLC (RDSA) Monday became the first major to exit oil and gas exploration blocks in post-war Libya, amid concerns over insecurity and contracts.

The Anglo-Dutch giant insisted it was still interested in the country, which holds Africa’s largest oil reserves.

But the move casts a cloud on Libya’s oil recovery as Shell had originally planned sizable investments in the blocks.

Shell “intends to suspend and abandon drilled wells and stop exploration in [its] Libyan licenses,” a company spokesman said, confirming an internal e-mail seen by Dow Jones Newswires. 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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