Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘August 5th, 2012’

Europe’s Oil Majors Plead for Patience

August 5, 2012

By ALEXIS FLYNN

Downbeat quarterly earnings from Europe’s major energy companies are a reminder that the bumper returns of two years ago are a long way from returning, as the sector expends time and money trying to secure new oil and gas fields.

While the market was braced for a drop in profits from a year ago, given that crude prices averaged 7% less than in the corresponding period in 2011, the scale of the future challenge faced by companies like BP PLC, Royal Dutch Shell PLC, Total SA and Eni SpA was yet again in evidence, analysts 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 wells yield $162 million profit

6 August 2012

Oil and gas giant Shell made a profit of $162 million from its fields in Taranaki last year, including the huge but ageing Maui and Kapuni gas fields.

Shell sold its retail petrol stations in New Zealand in 2010, but it maintains its large and profitable oil and gas production fields in Taranaki and is a partner in a joint venture to explore for more in the Great South Basin off the bottom of the South Island.

It is possible partners in the Great South Basin could drill an exploration well in the summer of 2014-15, but they are still analysing data from seismic testing. 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.

Insight: A year on, Nigeria’s oil still poisons Ogoniland

 (Reuters) – A bright yellow sign above the well in this sleepy Nigerian village says ‘caution: not fit for use’, and the sulphurous stink off the water that children still pump into buckets sharply reinforces that warning.

“Can you smell it? Don’t get any in your mouth or you’ll be sick,” said Victoria Jiji, 55, as she walked past the bore hole in her home village of Ekpangbala, one of several in Ogoniland, southeast Nigeria, whose drinking water has turned toxic. 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.

More than 1 billion barrels worth of oil discovered off Irish coast

FROM A REGULAR CONTRIBUTOR

John,
 
I ran across these articles about a large oil discovery off the coast of Ireland.
 
‘More than 1 billion barrels worth of oil’ discovered off coast of Cork

Barryroe oil discovery four times what was expected
 
It is too early to guess whether the discovery is large enough to develop, but if it is then it is my guess that the company developing this field will want to transport the oil to shore via pipeline. So, it would appear the Irish are going to have another pipeline issue to contend with, only this time it will carry oil.
 
Wonder if Royal Dutch Shell will consider tendering an offer for the discovery ??? 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.

African Cultural and Fundamental Rights Council Task Government and Shell on Ogoni Cleanup

In short, the devastating content of this report $hell and the government had covered was the reason Ken Saro-Wiwa was murdered when he revealed the genocidal design against Ogoni to the world and refused to call off the campaign as was demanded by Shell and government.

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.
%d bloggers like this: