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Posts on ‘April 11th, 2014’

The world has enough natural gas to last nearly 400 years

Extracts from an article by Michelle Wheeler published Friday 11 April 2014 by phys.org

The world has enough natural gas to last nearly 400 years at the current rate of consumption or 110 years if production increases at a rate of two per cent a year, according to a Curtin University study. Curtin University adjunct research fellow Roberto F. Aguilera says much of the world’s – both conventional and unconventional – is located in Australia. “It’s that conventional gas that is likely to make Australia the biggest LNG exporter in the world, maybe by the end of the decade,” he says. read more

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Only one in five global shale basins may succeed, Wood Mackenzie says

Screen Shot 2014-01-30 at 00.47.49Extract from an article by James Paton published 8 April 2014 by WorldOil.com

PERTH, Australia (Bloomberg) — Only one in five global shale regions may succeed in producing significant amounts of oil and gas as countries from China to Argentina seek to emulate the U.S. boom, said energy consultants Wood Mackenzie. Oil companies from Shell to BP have cut spending to help bolster finances as costs outpace energy prices.

FULL ARTICLE

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Obama Administration Asks to Revise Environmental Impact Statement for 2008 Chukchi Lease Sale

Screen Shot 2014-04-11 at 08.11.53Extract from an article by Carolyn Davis published 10 April 2014 by NaturalGasIntel.com

The Obama administration, joined by Royal Dutch Shell plc, has asked an Alaska district court to allow the U.S. Department of Interior to revise an environmental impact statement (EIS) used to support the Chukchi Sea lease sale in 2008. The U.S. Court of Appeals for the Ninth Circuit in January ruled that Chukchi Sea Lease Sale 193 held in 2008 may have used inadequate information regarding available reserves and environmental risks (see Daily GPI, Jan. 23; Feb. 8, 2008). The ruling reinstated a 2008 ruling against the government that favored several conservation groups and Alaska stakeholders. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell gives up on big subsea project in Norway

Screen Shot 2014-02-10 at 16.29.29Extract from a Reuters article by Balazs Koranyi published 11 April 2014

(Reuters) – Royal Dutch Shell has postponed an innovative project to provide subsea gas compression on Norway’s Ormen Lange field, one of the biggest gas fields in Europe, it said on Friday. “The oil and gas industry has a cost challenge,” Shell said in a statement. “This, in combination with the maturity and complexity of the concepts and the production volume uncertainty, makes the project no longer economically feasible.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Political tussle over swearing-in of oil executives unfolds on Senate floor

Screen Shot 2012-09-19 at 09.13.48Extracts from an article by RICHARD MAUER published 9 April 2014 by Anchorage Daily News

JUNEAU — A request by a Democratic senator that a Republican committee chairwoman require oil industry officials to be sworn before testifying Wednesday about the effects of last year’s tax cut erupted into a sharp personal battle between the two. The verbal confrontation started in committee and moved to the Senate floor. French cited the Coast Guard investigation into the grounding of Shell’s drilling rig Kulluk as a reason for putting the company officials under oath. Referring to a recent Daily News story on the investigation, French noted that a Shell official once denied to a reporter that there was any connection between Shell’s decision to move the Kulluk in early winter and the property tax the company would have to pay if the rig remained safely in Dutch Harbor. But under oath to the Coast Guard, the Shell official admitted the pending tax payment was one of the considerations for beginning the rig’s tow into a fierce Gulf of Alaska storm. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Targets Global Convenience Store Growth

Screen Shot 2014-02-10 at 16.29.29Extract from an article published April 10, 2014 by The Association for Convenience & Fuel Retailing

​LONDON – Shell will unveil its future growth plans at a two-day, invite-only event in central London on June 23-24 during the Shell Global Growth Event 2014, an event that provides a platform for future collaboration with retailers and industry suppliers. The Shell Global Growth Event 2014 will take place on 23-24 June 2014 at the Renaissance St. Pancras Hotel, London. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Mike Watts, who found oil in Thar desert, to quit Cairn Energy

Screen Shot 2014-02-10 at 16.29.29Extract from an article published 10 April 2014 by ZeeNews.India.com

New Delhi: Dr Mike Watts, the man credited with discovering India’s largest onland oil field in Rajasthan, will step down from the board of Cairn Energy plc in mid-May.  He saw oil in the Thar desert when Royal Dutch Shell could not and bought out the supermajor in block RJ-ON-90-1 for USD 7.25 million. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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