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Posts on ‘July 18th, 2013’

Shell upbeat on Gulf of Mexico potential

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Published: July 18, 2013 at 8:12 AM

HOUSTON, July 18 (UPI) — The Gulf of Mexico is expected to be a source of substantial oil production during the next several years, a Shell Oil executive said.

Shell announced Wednesday it was closing down its Cardamom development in the Gulf of Mexico in order to retrofit a drilling platform for future development. Shell set drilling records for depth and production with its Auger platform and it’s expected to reach a peak production rate of 50,000 barrels of oil equivalent by next year. 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.

Nigeria: Shell, AGIP, Others Culpable in Crude Oil Theft in Nigeria – Presidency

Multinational oil firms including Shell, Agip and Chevron have complained of increasing rate of oil theft and sabotage of their facilities. Nigeria is estimated to lose about $6 billion annually to oil theft. The theft occurs despite the amnesty granted militants which has seen the federal government spend billions of Naira with some of the militants also securing multi-billion Naira security contracts from both the companies and the government.

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A vessel mv sea express laden with some 2,500 tones of crude impounded by joint task force in the niger delta, operation pulo shield at okuboto creek in bayelsa state.

Nigeria loses billions of dollars annually to crude oil theft.

The presidency has accused multinational oil companies of complicity in the increased rate of crude oil theft in the Niger Delta.

The Special Assistant to the President on Amnesty, Kingsley Kuku, has said the companies are aware that their Nigerian employees engage in oil theft in the Niger Delta region and do nothing about it. 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.

Kashagan Oil Field Moves Closer to First Production

Hello John

Just read this stuff below. I forgot how many years this first production is overdue but it could well be 10 years or so! Once they get it going, the production will increase a lot, there genuinely is a lot of oil there!

Shell is one of the joint venture partners.

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By Sarah Kent

LONDON–The giant Kashagan oil field in Kazakhstan has moved one step closer toward first production with the introduction of gas into its offshore facility, the field’s operator said in a statement Wednesday. 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.

Royal Dutch Shell up to its ears in corruption scandals

Screen Shot 2013-07-18 at 16.15.52From a Washington Observer: 

Royal Dutch Shell is in up to its ears in corruption scandals these days, and it appears an old one may make a comeback.
 
Within about 60 days or so rumor has it that the fellow whose classified Intellectual Property RDS targeted in the recent past will be filing a lawsuit in Federal Court in Washington, D.C. The target of that suit will apparently be DoD, DoN, and DoE. Because classified information is involved it is a good guess that this suit will be a ‘sealed’ filing. At that point in time my sources tell me that ‘all hell will break lose’. As it happens to be, when certain breaches of security occur the law requires formal notification of both the Senate and House Armed Services Committees, as well as the White House. At this stage of the game however, this should just be a formality. It is also a dead certainty that the nature of this suit against these agencies will ensure that Shell’s shenanigans pertaining to industrial espionage over the years will become a matter of serious interest and discussion.
 
This story could take on a who new life of its own. 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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