Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘October 19th, 2012’

Committee hears lessons learned from Shell’s Arctic OCS operations

Week of October 21, 2012

It was standing room only on Oct. 11 as members of the public crammed into a meeting room in the University of Alaska Anchorage, to hear testimony on lessons learned from Shell’s drilling venture in the Chukchi and Beaufort seas this year. The occasion was a field meeting of the U.S. Senate Committee on Commerce, Science and Transportation. And Sen. Mark Begich, the lone committee member at the hearing, sat at a table facing representatives from Shell, government agencies and North Slope communities, each of whom presented their perspective on the summer’s events in the Arctic offshore. 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 in no rush over $20b Arrow LNG project

October 19, 2012 – 2:04PM

Royal Dutch Shell is in no hurry to sign off on its Bowen Basin liquefied natural gas joint venture that’s projected to cost $20 billion as it focuses on cheaper East African projects.

‘‘We see a cost advantage in East Africa over Australia at the moment,’’ Andy Brown, Shell’s director of international production, said in an interview in London. ‘‘We aren’t going to rush into the final investment decision.’’

Shell and PetroChina are drilling in Queensland to prove gas resources for their proposed Arrow LNG plant, which would have a capacity of about 9 million tonnes a year and may cost more than $20 billion, according to Deutsche Bank. At the same time, Shell is drilling in Tanzania and this year was outbid for Cove Energy Plc as it sought assets in Mozambique. 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.

The Age (Australia): Shell told to clean up oil leaks

From our October 2004 Shell News Archive

The Age (Australia): Shell told to clean up oil leaks

“The EPA has issued a soil and groundwater clean-up notice against Shell, warning that oil leaking from the company’s Corio refinery is threatening Corio Bay.”: “Compliance with the notice is expected to cost Shell “several millions of dollars a year…”

By Kenneth Nguyen

October 19, 2004

The EPA has issued a soil and groundwater clean-up notice against Shell, warning that oil leaking from the company’s Corio refinery is threatening Corio Bay.

Although the seepage is mainly under Shell’s refinery, of particular concern for the EPA is a plume of contaminated groundwater covering at least 100 square metres underneath the Corio foreshore.

Shell said yesterday that it was already working on cleaning up groundwater.

But EPA chairman Mick Bourke said the company had engaged in “insufficient actions and slow implementation of measures . . . to address (the EPA’s) environmental concerns”. 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 Jiffy Lube Nears Deal To Settle Consumer Lawsuits

From our October 2004 Shell News Archive

THE WALL STREET JOURNAL/DOW JONES NEWSWIRES: Jiffy Lube Nears Deal To Settle Consumer Lawsuits

“It was just a straight rip-off for $1.25 every time someone came in,” said Scott R. Shepherd, a Pennsylvania attorney who sued the company”: “Jiffy Lube, a wholly owned subsidiary of Shell Oil Co…”: “Marc A. Wites, a Florida lawyer, said it would cover only 8 million of the 34 million people who paid the surcharge.”

httpv://www.youtube.com/watch?v=Pf6KY6rrqYU

httpv://www.youtube.com/watch?v=wiCAJ8ULnaI

DOW JONES NEWSWIRES

October 19, 2004 12:57 a.m.

DALLAS (AP)–An Oklahoma judge is poised to approve a settlement of class-action lawsuits by drivers who say they were cheated when Jiffy Lube International Inc. added surcharges to their oil-change bills over the past five years.

The settlement would close at least nine pending class-action cases from California to New Jersey -a similar accord has been reached in a New York case. Some customers would get $5 off their next oil change. The three law firms that negotiated with Houston-based Jiffy Lube would split $2.75 million. 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.

The new Untouchables

From our October 2004 Shell News Archive

Daily Mail (UK): The new Untouchables

“Sir Philip Watts, former chairman of Shell, plainly hopes that the checks and balances of British corporate justice will save him from the hands of the Securities and Exchange Commission (SEC).”: “The quarrel has a hidden significance. Watts is personally under investigation on both sides of the Atlantic. The SEC apparently is interested in extraditing him to the United States to face allegations. Watts and his lawyers are proclaiming his innocence, but their tactics may also tie the British regulators in knots and keep the Americans at bay.”

Alex Brummer,

19 October 2004

BRITISH financial policing all too often looks dysfunctional. The time taken to conduct investigations and to bring charges more often than not runs to years not months. Cases frequently fall through the regulatory gaps.

And when the authorities seek to demonstrate the firm hand of regulation they find themselves pinned back by appeals tribunals. This is before European human rights law is brought into play.

The disclosure that Malcolm Walker, the founder and former chairman of Iceland, will not be prosecuted after four years of probes into allegations of insider trading is a case in point. 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 Seeks Extension to Arctic Leases

Dow Jones Newswires: Published October 19, 2012

Royal Dutch Shell PLC (RDSA) has been in talks with the U.S. government over extending its leases for oil development in the Arctic seas north of Alaska, after its drilling program was held up by legal actions and objections from regulators, reports the Financial Times.

The first of Shell’s Arctic leases to expire will run out in 2015 and the oil multinational has begun talking to the U.S. interior department in the hope of agreeing early extensions to its drilling rights, it 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 Taps Demand for Domestic Resources in Southern Europe

By Eduard Gismatullin – Oct 19, 2012 12:01 AM GMT+0100

Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, is expanding exploration in the south of the continent, where nations plan to reduce fuel imports.

The company has obtained projects in Albania, Turkey and Ukraine in the last 12 months. In July, Shell and Total SA (FP) agreed to invest about $1.9 billion to develop the Tempa Rossa field in the Basilicata region in southern Italy. Shell also won two exploration licenses in the Gulf of Taranto off the coast of Italy in 2010.

“Italy is an emerging, interesting producer for us,” Andy Brown, Shell’s director of international production, said in an interview in London. “In terms of our prospective resources we’ve restocked our funnel quite successfully over the last few years.” 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 Still Interested in Mozambique Gas Bonanza

Published October 18, 2012

Dow Jones Newswires

Royal Dutch Shell PLC (RDSB.LN) is still interested in entering Mozambique despite losing out on a deal earlier this year that would have given the oil major access to East Africa’s huge gas reserves, Shell’s exploration chief, Andy Brown, said in an interview.

Large natural gas discoveries off the coasts of Mozambique, Tanzania and Kenya have transformed East Africa into one of the world’s most promising energy provinces, potentially challenging Qatar and Australia for key gas export markets in Asia.

The gas finds have already led to jostling between companies eager to get access to the region, where they would join Houston oil company Anadarko Petroleum Corp. (APC) and Italy’s Eni SpA (E, ENI.MI), both of which have already made significant discoveries. 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.
%d bloggers like this: