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Posts on ‘October 15th, 2013’

Corrib tunnel works still suspended

OVER five weeks after the tragic death of a Corrib gas tunnel worker, operations still have not restarted on the sub-sea tunnel. Twenty-six-year-old German national Lars Wagner sustained fatal injuries early on the morning of Sunday, September 8, when a compressed air-pipe attached to the Tunnel Boring Machine (TBM) exploded.

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Áine Ryan: Tuesday, 15 October 2013 11:48

OVER five weeks after the tragic death of a Corrib gas tunnel worker, operations still have not restarted on the sub-sea tunnel. The work entails digging 1.8km under Sruwaddacon Bay in order to complete the last section of the controversial pipeline and connect it with the refinery at Bellanaboy.

Twenty-six-year-old German national Lars Wagner sustained fatal injuries early on the morning of Sunday, September 8, when a compressed air-pipe attached to the Tunnel Boring Machine (TBM) exploded. Mr Wagner was a mechanical fitter attached to the maintenance support crew for Herrnknecht, the German sub-contractor that built the TBM, christened ‘Fionnuala’ by Shell E&P. read more

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Revised Corrib gas licence quashed by court

The revised licence for the operation of the Shell gas terminal at Ballinaboy, Co Mayo, has been quashed by the Commercial Court. In a setback for the Shell Corrib gas pipeline project…

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Updated: Tuesday, 15 Oct 2013 16:04

The revised licence for the operation of the Shell gas terminal at Ballinaboy, Co Mayo, has been quashed by the Commercial Court.

In a setback for the Shell Corrib gas pipeline project, the Environmental Protection Agency, which issued the licence last June, conceded in court that a Mayo man was entitled to an order quashing the licence because of defects in carrying out an Environmental Impact Assessment.

Mr Justice Peter Kelly granted the order to Martin Harrington of Doohoma, Ballina, Co Mayo, after the EPA said it was not opposing his challenge to the licence issued by the agency to Shell E&P Ireland. The EPA will also pay Mr Harrington’s costs. 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.

The European refining industry is undergoing a shake-out as new entrants see opportunities

FINANCIAL TIMES

By Sylvia Pfeifer: Oil processing: A refined model: October 14, 2013 7:04 pm

Screen Shot 2013-10-15 at 15.34.59EXTRACT: The former Shell refinery is no longer lossmaking. Its first full-year of operation as a profitable entity was in 2011. So what does Mr Klesch know that Shell, Europe’s biggest oil and gas company by market capitalisation, did not?

FULL ARTICLE

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 CEO says shale gas to take longer to develop than expected

Screen Shot 2013-05-03 at 08.17.32Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale gas projects due to poor short-term results. Weak U.S. shale liquids production contributed to a $2.2 billion charge Shell revealed in August and was a key factor in its decision to abandon its goal to deliver 4 million barrels a day of production by 2017. Voser was also sceptical about the success of shale development elsewhere.

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DAEGU, South Korea | Tue Oct 15, 2013 1:42am EDT

Oct 15 (Reuters) – Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale gas projects due to poor short-term results.

Weak U.S. shale liquids production contributed to a $2.2 billion charge Shell revealed in August and was a key factor in its decision to abandon its goal to deliver 4 million barrels a day of production by 2017.

“We didn’t get the results which we were expecting to get in the shorter term and we will therefore have to develop this a little bit more before we can take benefits from it,” Voser told reporters on the sidelines of the World Energy Congress. 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 CEO says $100/barrel is ‘good value’ for oil

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By Eric Yep: 15 October 2013

Oil prices are likely to rise in the long-term as production costs escalate and a “good value” for oil is at around $100 a barrel, Peter Voser, Chief Executive of Royal Dutch Shell PLC (RDSB.LN), said Tuesday at an industry conference.

FULL ARTICLE

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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