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Posts on ‘January 5th, 2014’

Greenland explores Arctic mineral riches amid fears for pristine region

The move comes as BP and Shell join others exploring for oil and gas in the pristine waters off Greenland, as concerns grow that the wave of industrialisation in the region will damage the pristine environment.Screen Shot 2013-01-18 at 22.39.30

London Mining’s £1.5bn iron ore mine and new oil drilling licences for BP and Shell spark concern for environment

Screen Shot 2014-01-05 at 20.04.13 Site of London Mining’s iron ore mine at Isua, Greenland. Photograph: London Mining

London Mining, a British mineral company, is trying to attract Chinese and other international investors to build a £1.5bn iron ore mine just outside the Arctic Circle in Greenland.

The move comes as BP and Shell join others exploring for oil and gas in the pristine waters off Greenland, as concerns grow that the wave of industrialisation in the region will damage the pristine environment.

Greenland and the wider Arctic is seen as one of the new frontiers for exploiting mineral wealth, but uncertain national boundaries have also opened up potential political, if not military, conflicts. 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.

Methane hydrate offshore is tempting, perilous natural gas

Releasing gas into the atmosphere: The end of the world is just one doomsday scenario floated about messing with methane hydrate deposits offshore.

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Sunday, January 5, 2014 

The volatility of the gas – more than any conventional seismic testing or exploratory drilling – really frightens conservationists and some scientists. This stuff could be a bomb waiting to go off.

It’s called fire ice: methane hydrate, the natural gas lying off South Carolina, the fuel widely acknowledged to be driving a campaign to open the deep ocean offshore to oil and natural gas exploration.

“If we’re going after it, we’d better be careful,” said Richard Charter, senior fellow at the Ocean Foundation, a nonprofit ocean conservation advocate. 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 boss Peter Voser set to earn £16m

Screen Shot 2014-01-03 at 14.32.05Shell boss Peter Voser set to earn £16m as he steps down from oil giant to enjoy ‘change in lifestyle’

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PUBLISHED: 22:26, 2 January 2014 

Departing Shell boss Peter Voser stands to earn around £16million from his last 15 months running the oil giant and a series of bonus schemes due to pay out after he leaves.

Voser, who retires at the end of March, will not receive any compensation for loss of office, having surprised the markets by stepping down earlier this year to pursue a ‘change in lifestyle’.

But existing pay deals for 2013 and the first three months of 2014 are due to net him £5.2million, while deferred bonuses from previous years are worth around £1.7million. 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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