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Posts on ‘December 11th, 2012’

Selection of Shell related article links 11 December 2012

Selection of Shell related article links kindly provided by a regular contributor

Oil Investors Face Serious Risk, Report Says: Environmental Leader-While the report focuses on Shell, it aims to act as a blueprint for investors of any multinational oil companies. The report provides investors with …

Aker Solutions awarded global frame agreement with Shell: Reuters 11 December 2012 – The international oil services provider Aker Solutions has signed a frame agreement with Shell for the delivery of subsea …

Majors court kingpin Eni on Mozambique gas bonanza: Reuters-Eni talking to Shell, Exxon, LNG buyers – source … a giant gas find in Mozambique, rival oil companies are falling over each other to get a piece … 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 Invests $26 Million in GlassPoint to Get Heavy Crude Deals

By Wael Mahdi – Dec 11, 2012 8:00 AM GMT

Royal Dutch Shell Plc (RDSA) invested $26 million in GlassPoint Solar Inc. to help it secure contracts in Kuwait, Bahrain, and Oman to extract dense crude using steam produced from a solar plant, the California-based company said in a statement.

GlassPoint runs a 7-megawatt, four-acre (16,187-square meter) system in Oman that is deploying enhanced oil recovery, or EOR, technology, to inject steam into oilfields to loosen deposits.

“Oman, Kuwait, and Bahrain have plans to increase their production capacity through freeing heavy crude oil deposits,” GlassPoint Chief Executive Officer Rod Macgregor said yesterday in a telephone interview. “Saudi Arabia and the United Arab Emirates are getting there too, so it’s becoming the mainstream in the future.” 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 investors given wake-up call as report reveals legacy of liabilities over Niger Delta

Experts estimate that more than 4,000 barrels of oil were spilled every day in Bodo Creek, Nigeria: © CEHRD

10 December 2012

Shell’s investors are facing a tougher international legal environment that is likely to have a dramatic impact on its balance sheet as claims mount from its activities in the Niger Delta, according to a new independent report from specialists at the University of Essex.

The potential liabilities range from sizeable damages for failures to take adequate steps to prevent and clean up oil spills, through to liabilities under USA and European stock exchange rules.  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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