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Posts on ‘November 5th, 2012’

Shell: Tax not Scottish independence is the key issue

Royal Dutch Shell is not planning for the prospect of Scotland gaining independence, according to the company’s finance chief who said any Government that controls the North Sea has to get the tax regime right or risk frightening off investors.

Asked what the oil and gas giant is doing to plan for the possibility of Scotland becoming independent, chief financial officer Simon Henry said: “The answer is we are not planning.”

Talking after the Anglo-Dutch firm announced a 15% drop in third-quarter profits, Mr Henry said he would not comment on the independence debate from a political perspective.

He noted Shell has underlined its enthusiasm for the UK North Sea by announcing plans to make bumper investments.

While companies face a long wait for the planned independence referendum in autumn 2014, Shell announced earlier this month it would invest in the giant Fram field. It also agreed to pay $525 million (£325m) to increase its interest in the Beryl area fields. 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 Arctic Farce

Comment posted on our Shell Blog by a long term contributor: “Outsider”

Comment relates to the article: Shell learning about the Arctic the hard way

Shell sent helicopters to the Arctic that were not equipped with de-icing equipment? Presumably because de-icing equipment is not needed in the Gulf of Mexico? Maybe someone should have told them that the Arctic is a little colder. Aircraft icing is a problem anywhere the temperatures approach freezing, and helicopters are particularly vulnerable in icing conditions. Maybe Shell could have spoken to their colleagues in the North Sea? 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 learning about the Arctic the hard way

Published: November 4, 2012

By JENNIFER A. DLOUHY — Hearst Newspapers

CHUKCHI SEA, OFF THE COAST OF NORTHERN ALASKA — On an all-but-invisible horizon, light gray mist meets dark gray water. Tiny, dry snowflakes and ice crystals swirl across the deck of the drill ship Noble Discoverer, driven by a wind that whips through the warmest coveralls.

Just another day at the office, 400 miles above the Arctic Circle.

“It is a challenging environment,” conceded Shell Alaska Vice President Pete Slaiby, watching the waves that rocked the rig as it bored the first 1,500 feet of an exploratory well in the Chukchi Sea. “You have to plan every day, every operation.” 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.

Selection of links published 4 November 2012

Selection of links to articles of potential interest, kindly provided by a regular contributor

Former Shell CEO Urges Gasoline Rationing Plan

CNBC.com (blog)-Nov 1, 2012: A system to limit gasoline purchases should be considered to curb long lines at service stations for future natural disasters, former Shell Oil

Shell Oil continues cleanup near Wood River Refinery
KSDK-by Kevin Held-Oct 29, 2012: Roxana, IL (KSDK) – Cleanup efforts are continuing at the Wood River Refinery, as Shell Oil plans to demolish and remove houses near the …

I Vote 4 Oil Mafia Kleptocrats

OpEdNews: The oil Don’s ( Bob Dudley – BP, Marvin Odum – Royal Dutch Shell, Rex W. Tillerson — Exxon Mobil, John S. Watson — Chevron and Ryan M. 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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