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Posts on ‘June 11th, 2012’

Gulf Coast Gains as Motiva Refinery Repairs Said to Take Months

Gulf Coast gasoline strengthened as Motiva Enterprises LLC was said to be shutting a new crude unit for as long as five months at the Port Arthur, Texas, refinery, for repairs.

By Paul Burkhardt – Jun 11, 2012 6:48 PM GMT+0100

Gulf Coast gasoline strengthened as Motiva Enterprises LLC was said to be shutting a new crude unit for as long as five months at the Port Arthur, Texas, refinery, for repairs.

The refinery is assessing damage to the 325,000-barrel-a- day unit, a person with knowledge of operations said. The startup was abandoned over the weekend after the crude unit developed leaks, cracks in pipes, and a fire in a heater, according to the person, who declined to be identified because he’s not authorized to speak for the company. read more

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Shell hails North American gas potential

The U.S. and Canadian natural gas markets could help China meet its growing energy demand in a clean and sustainable fashion, a Shell executive said.

Published: June 11, 2012 at 8:58 AM

WASHINGTON, June 11 (UPI) — The U.S. and Canadian natural gas markets could help China meet its growing energy demand in a clean and sustainable fashion, a Shell executive said.

Marvin Odum, upstream director for American operations at Royal Dutch Shell, speaking at the spring policy forum for the Canadian American Business Council, said U.S. and Canadian natural gas markets were ripe for exports.

“Alberta and British Columbia alone are probably sitting on more than 200 trillion cubic feet of competitive natural gas,” he said in his address. “Natural gas production from tight shale and sandstone in the U.S. and Canada nearly doubled between 2005 and 2010.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Refinery Status: Motiva’s New Port Arthur CDU Restarted

DOW JONES NEWSWIRES

Jun 11, 2012

Motiva Enterprises on June 9 said operations at the newly-commissioned crude unit at it’s Port Arthur, Texas, refinery were stabilized after uncontrolled combustion occurred within the unit during start-up procedures, a filing to regulators said. The units was take out of service on June 4 to repair leaking valves, a person familiar with the plant said on June 6. 600K

Shell Oil Co. (RDSA, RDSB) on June 8 reported flaring and a release of sulfur dioxide at its San Francisco-area refinery in Martinez, Calif. The cause wasn’t known and no other details were provided in a filing to Calif. state regulators. 165K read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Proposed tax break for Shell gas ‘cracker’ plant draws debate

By Robert Swift (Harrisburg Bureau Chief) Published: June 11, 2012

HARRISBURG – A new proposal by Gov. Tom Corbett to give a long-term $1.7 billion state tax break for a planned Marcellus Shale gas petrochemical refinery in southwestern Pennsylvania is a late-emerging issue in the state budget debate.

The tax credit proposal for a $4 billion Shell Oil Co. plant came to light just as Corbett started negotiations last week with Republican legislative leaders over the final shape of the $27 billion state budget for fiscal 2012-13.

Lawmakers are pressing for more details about the proposal while at least two policy groups have criticized it as a corporate giveaway during a time when state aid to schools and human services is being cut. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

New Mozambique gas find boosts bid target Cove

By Sarah Young

LONDON | Mon Jun 11, 2012 6:55am EDT

(Reuters) – U.S. firm Anadarko Petroleum Corp (APC.N) announced a further major gas find off the coast of Mozambique on Monday, raising the stakes in the bid war for London-listed partner, Cove Energy (COVE.L).

The takeover battle for Cove could now have further to run, analysts say, with Royal Dutch Shell (RDSa.L) returning to the fray after Cove last month agreed to a $1.9 billion offer from Thailand’s state oil firm PTT Exploration and Production PTTE.BK. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell injunction forces Greenpeace to get creative

With a judge ordering its boats to stay away from the oil firm’s Arctic rigs, the anti-drilling organization turns to social media and other means of getting its message out.

By Kim Murphy, Los Angeles Times: June 10, 2012 SEATTLE — One day last week, guests from various engineering and shipping companies around Seattle were invited to a reception at the Space Needle, supposedly hosted by Royal Dutch Shell to celebrate the upcoming debut of offshore oil drilling in the Arctic Ocean.

But most of the guests, it turned out, were actors and activists merely posing as drilling enthusiasts.

They looked on in mock horror as a giant ice sculpture emblazoned with Shell’s corporate logo began spraying a stream of Diet Coke on an elderly woman who was the supposed guest of honor. The woman, who gained fame last year when she was pepper-sprayed by police at an Occupy Seattle protest, shrieked as the emcees grabbed stuffed polar bears to help mop up the spill.

A video of the ensuing chaos quickly gained half a million views on YouTube. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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