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Posts on ‘September 27th, 2012’

Shell prepares for Beaufort Sea drilling

Posted on September 27, 2012 at 9:27 am by Jennifer A. Dlouhy

Shell has begun anchoring its Kulluk conical drilling unit in the Beaufort Sea as it prepares to begin initial work on an exploratory oil well in the waters north of Alaska.

A company spokeswoman confirmed that it had begun connecting the conical drilling rig to anchors in the Beaufort Sea. According to separate data, the work began just before midnight Wednesday.

The move comes less than a week after federal regulators gave Shell the green light to begin initial drilling operations in the Beaufort Sea once native Alaskans in the area have concluded their fall hunt of migrating bowhead whale. 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 cartel fine cut to 81 million euros ($104.2 million)

Shell Wins 25% Cut in Bitumen Cartel Fine, Total Loses Bid

By Stephanie Bodoni on September 27, 2012

Royal Dutch Shell Plc (RDSA) won a 25 percent reduction in a fine for its role in a bitumen industry cartel, while other members including Total SA (FP) and Royal BAM Group NV lost their appeals at a European Union court.

Shell’s fine was cut to 81 million euros ($104.2 million) from 108 million euros because antitrust regulators failed to show that the company “played the role of instigator and leader in the infringement,” the EU General Court ruled today. 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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