After recently released e-mails at the Department of Interior show that a September test conducted by the Shell oil company on a containment system for Arctic drilling spills failed spectacularly, Rep. Ed Markey (D-Mass.) today expressed concerns whether the company or others could safely drill in the harsh Arctic environment… Rep. Markey, in a letter to Interior Secretary Ken Salazar, asks his department for a full accounting of this failed test, and what it means for Arctic drilling moving forward. (SOURCE)
December, 2012:
Shell’s spectacular failure in the Arctic
Shell Chemical/Motiva to restart unit causing massive flare in St. Charles
The Shell/Motiva Manufacturing Complex announced Wednesday morning that it is now in the process of restarting the unit that, due to equipment failure, has caused an elevated flare to continually spit massive flames and thick black smoke into the air above St. Charles Parish since early Sunday morning.
By Juliet Linderman, NOLA.com | The Times-Picayune
on December 05, 2012 at 9:35 AM, updated December 05, 2012 at 9:52 AM
The Shell/Motiva Manufacturing Complex announced Wednesday morning that it is now in the process of restarting the unit that, due to equipment failure, has caused an elevated flare to continually spit massive flames and thick black smoke into the air above St. Charles Parish since early Sunday morning. The Norco plant released a statement notifying residents that it hopes to have the situation under control by this coming weekend.
Shell Shifts Gas Business to Singapore on Asia Demand Growth
Royal Dutch Shell Plc (RDSA), Europe’s biggest oil producer, plans to move its natural-gas business to Singapore from The Hague in response to growing demand for liquefied natural gas in Asia.
“We see the major gas trading, the growth of the gas market, the growth of the integrated gas business will be Asia- based,” Andy Brown, upstream director at Shell, said today in London. “The LNG business is going to be in the Far East, and Singapore is a central part of the Far East trade.”
Asian demand for LNG, which is gas cooled to a liquid for transport by tanker, has grown as China feeds its booming economy and cuts reliance on coal for power generation. Japan has also increased purchases since shutting almost all its nuclear capacity following the Fukushima reactor disaster, while consumption in Europe is weakening as economic growth slows.
On Our Radar: Shell’s Oil-Spill Sea Trials
December 5, 2012, 11:24 am
A release of e-mails in response to a Freedom of Information Act request yields more details on a debacle involving the containment dome that Shell aimed to deploy in the event of an oil spill in the Arctic. [KUOW]
Shell to move gas centre as Asia LNG comes to the fore
By Sarah Young
LONDON | Wed Dec 5, 2012 6:24pm GMT
(Reuters) – Royal Dutch Shell (RDSa.L), the world’s biggest LNG company, will move the headquarters of its integrated gas business to Singapore from Europe as part of its quest to feed Asia’s surging demand for the fuel, the company said on Wednesday.
“It will be the largest object man has ever built that floats,” Shell’s upstream director Andrew Brown said of Prelude, a 500 metre long vessel costing over $10 billion (6 billion pounds), being constructed to supply Asian markets with gas from Australia.
Brazil regulator approves Cosan, Shell partnership
Wed Dec 5, 2012 11:11am EST
Dec 5 (Reuters) – Brazil’s antitrust regulator approved a joint venture between the sugar, ethanol and fuel distribution assets of milling group Cosan SA and Royal Dutch Shell Plc on Wednesday.
The two companies originally announced the multi-billion dollar union of their Brazilian assets in 2010, later dubbing the joint venture Raizen in early 2011. In Brazil, partnerships, mergers and acquisitions are announced long before they are approved or denied by regulators.
Low US Natural Gas Price Means More Coal Burning in Europe-Shell
By Selina Williams: Published December 05, 2012 by Dow Jones Newswires
Low natural gas prices in the U.S. and weak prices for carbon permits in Europe are pushing more polluting coal into Europe where it is being burned to generate electricity, Royal Dutch Shell PLC’s (RDSA) Upstream International Director Andy Brown said Wednesday.
The shift in energy flows comes as Europe is trying to reduce its emissions of greenhouse gases to meet climate targets and highlights how North America’s shale gas boom has rewritten the global energy map, in some cases to the detriment of regional energy policy.
SHELL BUSINESS PRINCIPLES – GENUINE OR CON TRICK?
Shell has for many years supposedly operated within an ethical code which, according to its current shell.com webpage on the subject, was first published in 1976.
This does not tally with the relevant pages in “A HISTORY OF ROYAL DUTCH SHELL, Volume 3,” about the history of the code – known in the 1990’s as the Shell Statement of General Business Principles.
Apparently they were first drafted in 1962, restated and first published in 1976, made freely available to the public from 1981 and reformulated in 1997, for the first time including human rights.
Nigeria Holds Talks With Shell, Exxon to Agree on Oil-Tax Reform
Nigeria, Africa’s top oil producer, said it’s in talks with Royal Dutch Shell Plc (RDSA), Exxon Mobil Corp. (XOM) and other energy companies to reach an agreement on tax demands proposed in draft legislation.
“There’s always the intent to try and strike a balance, particularly from the side of government,” Petroleum Minister Diezani Alison-Madueke said today at a conference in Abuja. “There seemed to be such disparity in terms of where we stood on the fiscals.”
The Petroleum Industry Bill, or PIB, is aimed at increasing the country’s share of profits from oil pumped off its shores. The government claims that extraction laws going back to 1993 are based on crude at $20 a barrel and unrealistic at prices that are now more than four times as high. The energy companies have warned Nigeria against driving away investment.
Shell donation boosts Jameson project
Dan Irwin: December 4, 2012
NEW CASTLE — Shell Appalachia’s search for natural gas will help fuel completion of Jameson Heath System’s emergency/surgical wing.
Jameson is scheduled to take possession of its $20.3 million expansion Feb. 14. After that, health system officials anticipate another month of furnishing the 55,000-square-foot facility before opening it for business.
Yesterday, Sewickley-based Shell Appalachia — which is focusing on Marcellus shale development in Tioga County while exploring other leased acreage in Lawrence and Butler counties — presented Jameson with $250,000 to help push the project toward the finish line.
Waitrose urged to freeze links with Shell’s Arctic drilling
Greenpeace launches campaign condemning supermarket’s new partnership with Shell, but Waitrose insists the deal is ‘tiny’
Waitrose is the latest company to come under fire from Greenpeace, which has alleged its ties to an oil company planning to drill in the Arctic undermines its ethical commitments.
The group has launched a new campaign yesterday urging the retailer to drop plans for a new partnership with Royal Dutch Shell that would see Waitrose supermarkets open in Shell petrol stations.
In a spoof advert, Greenpeace accuses Waitrose of misleading the public by promoting its charitable giving over the holiday period and hiding its links with Shell.
Toxic flaring at Shell/Motiva continues after equipment failure
The $500,000 settlement is an accumulated penalty for violations that occurred during the years 2003-2010. During that time there were 265 violations at the Norco facility (and more than 140 violations at the Motiva refinery in Convent)
3 December 2012
An equipment failure at the Shell/Motiva manufacturing complex in Norco caused the release of unknown amounts of butadiene, hydrogen sulfide and benzene, according to a report submitted to the U.S. Coast Guard National Response Center.
The elevated flaring, which began Sunday and caused a smoky backdrop to Norco’s annual Christmas Parade, has continued throughout Monday. The company says they are working to resolve the issue as quickly as possible.
“We also continue to conduct extensive monitoring around the site and in the community,” the statement said. “No injuries have been reported associated with this situation, and air monitoring results indicate no environmental impact at this time.”
Shell CEO Voser: Shale gas revolution will transform US
Monday, 3 December 2012
Royal Dutch Shell’s chief executive Peter Voser says the US economy is set for a revolution as the country becomes self-sufficient in energy.
He tells HARDtalk’s Sarah Montague that as new oil discoveries and shale gas comes on stream, jobs will move back to the US from abroad, manufacturing costs will be lower than in China and there will be consequences for Europe the rest of the world.
See also: Shell CEO Voser: Why fracking is environmentally safe
Shell to Offer More LNG to Power Ships, Trucks on Cheap U.S. Gas
Royal Dutch Shell Plc (RDSA) is expanding plans to make liquefied natural gas a fuel for ships and trucks as Europe’s largest energy producer looks to profit from the cheapness of U.S. gas compared with oil.
Shell, where gas production overtook oil for the first time this year, will increase LNG-for-transport projects to more than 5 million tons a year, said Shell Chief Financial Officer Simon Henry. That’s equivalent to about 120,000 barrels of oil a day, or 4 percent of the company’s global production in the third quarter. Shell will offer about half the volume to the trucking industry in Canada and the U.S. and the rest to shipping in the Great Lakes, Gulf of Mexico and the Baltic Sea.
SHELL SECURITY FORCES OPEN FIRE ON PROTESTING OGONI COMMUNITY?
ARMED security forces protecting the interest of the Anglo-Dutch oil and gas major, Shell, on Friday, opened fire on a protesting Ogoni community in the Rivers State axis of Southern Nigeria. The community, Eleme, was protesting against the presence of some Shell officials at the Ebubu Oilfield. The protest led to a clash with security forces.
AkanimoReports gathered from local sources that the oil company officials had arrived the Ebubu oilfield in the morning and began clearing the scene when the youths of the community began the protest.
Royal Dutch Shell and Racism
Shell has admitted past discrimination against Jewish employees, which cost at least 20 of them their lives. It supported racist regimes in Nazi Germany and more recently, Apartheid South Africa.
By John Donovan
Shell employees who have accused Shell of being a racist company will be interested in a comparison set out in “A HISTORY OF ROYAL DUTCH SHELL, Volume 3” between Shell’s much trumpeted business principles and those of its main competitor, ExxonMobil, in regard to equal employment opportunity.
Shell has admitted past discrimination against Jewish employees, which cost at least 20 of them their lives. It supported racist regimes in Nazi Germany and more recently, Apartheid South Africa.
Shell Issuing $1.75 Billion, Two-Part Debt Deal
John,
No idea what you make of this, but could it be that Shell runs out of some ‘small ready cash’ to invest, pay dividends and run operations??? It is now cheap to get money but one would expect that they would be able to finance everything themselves out of their cashflow?
November 29, 2012
By Patrick McGee
Royal Dutch Shell PLC is selling $1.75 billion in a two-part deal Thursday.
The three- and 10-year bonds are being offered at 0.30 and 0.75 percentage point over comparable Treasurys, respectively. At current rates, they would yield 0.64% and 2.37%.
A term sheet doesn’t indicate how Shell, one of the world’s largest oil-and-gas companies by market capitalization, will use the proceeds. But Shell says in the bond prospectus that it is expanding its gas-based business through investment in liquefied-natural-gas and gas-to-liquids projects. In 2011, for instance, it made investments with a partner in Qatar.
Emails say Shell containment dome ‘crushed like a beer can’ in test
Alex DeMarban | Nov 30, 2012
Royal Dutch Shell’s containment dome was “crushed like a beer can” earlier this year in Puget Sound, during failed sea-trial tests that raised questions about the oil giant’s ability to respond to an oil spill in the U.S. Arctic Ocean, according to a Seattle radio station.
The beer-can observation belongs to Mark Fesmire, head of the Alaska office of the Bureau of Safety and Environmental Enforcement (BSEE). It and other details about what went wrong with the testing are included in emails obtained by KUOW through a Freedom of Information Act request.
Shell’s oil spill containment gear ‘crushed like a beer can’ in testing
SHELL ARCTIC FARCE: “Shell and its federal regulators have been tight-lipped about the failed test. But freedom-of-information requests reveal what happened beneath the surface of Puget Sound.”
By John Ryan, KUOW, Seattle: Posted on November 30, 2012 at 1:01 pm
Shell Oil has been building and testing equipment designed for the Arctic Ocean in Puget Sound.
In September, a key test of underwater oil-spill equipment was a spectacular failure.
It forced the energy giant to postpone Arctic oil drilling until next summer.
Shell and its federal regulators have been tight-lipped about the failed test. But freedom-of-information requests reveal what happened beneath the surface of Puget Sound.