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Posts on ‘September 13th, 2013’

Wildcatter Hunch Unlocks $1.5 Trillion Oil Offshore U.S.

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September 12, 2013

Texaco Inc. geologist Robert Ryan didn’t suspect he was helping change the energy future of the Gulf of Mexico when he gave the go-ahead for a well that would break the world record for deep-water drilling.

The project known as BAHA, undertaken in 1996 by Texaco and its partners, Royal Dutch Shell Plc (RDSA), Amoco Corp. and Mobil Corp., was a dry hole. That normally would’ve made it a flop. Instead, BAHA’s discovery of oil-rich sands where none were thought to exist was the first step in unlocking a $1.5 trillion trove of crude that’s revived the prospects of a body of water many thought had long ago given up most of its fossil-fuel riches. 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.

Songbird Estates flies high despite Walkie Talkie and Shell problems

Company faces multi-million pound bill to fix skyscraper and pay for delays to Shell headquarters development

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Friday 13 September 2013 11.11 BST theguardian.com

Songbird Estates faces a multi-million pound bill for two recent setbacks, including the recent car-melting skyscraper.

The property group reported a 6% rise in half year net assets per share, but told Reuters its Canary Wharf subsidiary would pay a sum in the “low single digits” to fix the Walkie Talkie building in the City of London. Rechristened the Walkie Scorchie, the building’s concave structure reflected sunlight to such an extent the heat melted parts of a car, a bicycle and was also used to fry an egg. 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.

Canary Wharf faces bill for millions after double setback

Its other headache has been the fact its Qatari-backed development of Royal Dutch Shell’s new British headquarters was thrown into doubt after the government decided to review plans given the green light by local officials, a move it called “disappointing”.

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Fri Sep 13, 2013 3:54am EDT

* H1 adjusted net assets per share up 6.2 pct to 223p

* Faces costs for fixing Walkie Talkie tower

* Questionmark over Shell HQ development

By Tom Bill

LONDON, Sept 13 (Reuters) – Songbird Estates, the majority owner of Canary Wharf Group, faces a bill which could rise to several million pounds after two major setbacks in the space of two weeks.

The first is the cost of fixing London’s “Walkie Talkie” skyscraper, which reflected sunlight off its concave structure at such intensity it melted parts of a car, a sum that will be “in the low single-digit millions”, its chairman David Pritchard said on Friday. 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.

Chevron Corrupted Witnesses In $19B RICO Row, Judge Told

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Screen Shot 2013-09-13 at 15.57.57Law360, Los Angeles (September 12, 2013, 5:54 PM ET) — Defendants in Chevron Corp.’s lawsuit over a $19 billion Ecuadorean pollution judgment urged the court Thursday to impose terminating sanctions against Chevron, saying the company repeatedly tried to corrupt witness testimony by compensating for cooperation and attempting to offer a $1 million bribe to a sentencing…

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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.

U.S. regulators in talks with EU on energy price probe

Screen Shot 2013-05-17 at 01.06.41U.S. regulators are in talks to join European officials in their investigation of the oil markets, a European politician said, as both sides hunt for signs that trading benchmarks have been compromised. The EU executive in May raided the offices of oil majors BP, Shell and Statoil as well as price reporting agency Platts in an investigation of suspected manipulation of oil prices.

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By Simon Falush and Douwe Miedema: LONDON/WASHINGTON | Fri Sep 6, 2013 1:22pm EDT

(Reuters) – U.S. regulators are in talks to join European officials in their investigation of the oil markets, a European politician said, as both sides hunt for signs that trading benchmarks have been compromised.

But while the European Union has already raided the offices of major oil companies and price publisher Platts, the U.S. derivatives regulator has yet to launch a formal probe, two people familiar with the matter 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.

Garda investigation into Shell Garda Corruption

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Screen Shot 2013-09-12 at 13.51.56EMAIL SENT FRIDAY 13 SEPTEMBER 2013 BY OSSL TO SHELL EP IRELAND CEO MICHAEL CROTHERS, COPIED TO SENIOR SHELL LAWYERS AND SENIOR GARDA OFFICERS

From: THE OSSL COMPANY <[email protected]>
Subject: Police officers alcohol enquiries ….
Date: 13 September 2013 08:32:03 GMT+01:00
To: Michael Crothers <[email protected]>, Michiel Brandjes <[email protected]>, “<[email protected]>” <[email protected]>, Neil Rooney <[email protected]>, “[email protected]” <[email protected]>, Thomas Murphy <[email protected]>, Peter Voser <[email protected]>, “[email protected]” <[email protected]>, “[email protected]” <[email protected]>, John Shell News <[email protected]> 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 oil sands deliverer becomes downstream boss

Abbott also takes on a headache in the form of the company’s Motiva U.S. refining joint venture operation, where a new refinery unit faces piping and vibration problems .

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Thu Sep 12, 2013 1:10pm BST

By Andrew Callus

(Reuters) – Shell is to make John Abbott head of its fuels and chemicals business, pitching the deliverer of its Canadian oil sands expansion project into an industry debate over whether the “downstream” business he will run still fits with oil and gas extraction.

A 53-year-old Briton who joined Europe’s top oil company straight from university in 1981, Abbott is credited with bringing Royal Dutch Shell’s Athabasca oil sands expansion project in Canada on stream in the period 2008-2012. 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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