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Posts on ‘July 22nd, 2012’

The End of Oil

FROM A REGULAR CONTRIBUTOR

John

The following link provides access to information and graphs that may be of interest to some of your readers.

PDF] “The End of Oil”

It shows, for example that it took almost 150 years for the world to produce and consume its first trillion bbls of oil. Today, at current rates of consumption, we shall consume the next trillion bbls in a little over 30 years. Needless to say, consumption and flaring of natural gas will follow the same trend.

In that same time period, about 150 years, the carbon dioxide levels of the Earth’s atmosphere doubled. Suffice it to say, in the next 30 years we shall most probably dump as much carbon dioxide into the atmosphere as was dumped in the last 150 years.
Given the advances in drilling technologies it is highly probable that the trend will continue for another 30 odd years, at least. So, in the next 60+ years we can look forward to a doubling of the atmospheres current CO2 levels. That is bad news. One can only imagine what this portends for climate warming, i.e., a continuation and acceleration. 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 wonder fuels: Shell Canada settles Quebec tainted gas class-action suit

FROM OUR JULY 2005 SHELL NEWS ARCHIVE…

Shell Canada settled a class-action lawsuit in Quebec over a gasoline additive that caused fuel systems and gas gauges to malfunction. The company said it can’t estimate the cost yet, but some reports put the figure at $100-million.

National Post: Shell Canada settles Quebec class-action suit

Bloomberg News

Thursday, July 22, 2004

Shell Canada settled a class-action lawsuit in Quebec over a gasoline additive that caused fuel systems and gas gauges to malfunction.

The company said it can’t estimate the cost yet, but some reports put the figure at $100-million.

Residents of Quebec have until Nov. 5 to file a claim against Shell Canada and may qualify for one of three levels of compensation, company spokeswoman Sonia Larin said.

Most motorists will receive between $20 and $550, Shell Canada says. Some will get more if they incurred expenses such as towing, accommodation and repairs, Ms. Larin said. The cost to Shell will depend on how compensation is paid out, Ms. Larin 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.

Shell’s ship drifting incident should raise red flags for Alaskans

Carey Restino | The Arctic Sounder | Jul 21, 2012

I am not a boat captain, not of a skiff or even a dingy. I’ve never dropped an anchor and I have no idea what it’s like to be in charge of a vessel more than 500 feet long.

So when my uneducated eyes saw the image of Arctic-bound Shell Oil drillship Noble Discoverer snuggling up to the beach near Unalaska, I, like many, dropped jaw and asked, “How on earth could they have let that happen?”

But noting my ignorance, I asked the opinion of people who do deal with big vessels on a daily basis. Their response? “How on earth could they have let that happen?” 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 ‘must look to Africa’ after walking away from battle for Cove Energy

SUNDAY 22 July 2012

Peter Voser: chief under pressure

By PETER RANSCOMBE
Published on Sunday 22 July 2012 00:00

SHELL needs to make an acquisition in east Africa to reduce its reliance on Australian gas after walking away from the takeover battle for Cove Energy, analysts have warned.

East Africa is set to become one of the world’s largest gas exporters, supplying energy-hungry Asia with liquefied natural gas (LNG), a market in which Shell is one of the most experienced players.

Shell already has direct stakes in six LNG projects in Australia and indirect involvement in a seventh. 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.

How rapidly is Shell Oil’s window of opportunity in the Arctic shrinking?

Alex DeMarban | Jul 21, 2012

As predictable as bears roaming and salmon migrating comes the return of another seasonal fact of life in Alaska: Shell Oil waiting for the chance to drill exploratory wells in the Arctic Ocean.

The pioneering oil giant’s quest to open an industrial frontier in the waters off Alaska’s coast has made it no stranger to delay, and this year is no different.

Shell moved ships to Alaska the summer of 2010, but a federal drilling moratorium in the wake of BP’s Gulf of Mexico spill quashed plans that season. In 2011, the Environmental Protection Agency still hadn’t granted Shell the air permits it needed, canceling another round of seasonal activity. 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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