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Posts on ‘February 13th, 2015’

Refinery operator Shell Canada charged for January 2013 incident at plant

Screen Shot 2015-01-06 at 21.26.38By Paul Morden, Sarnia Observer: Friday, February 13, 2015 11:57:12 EST AM

Refinery operator charged for January 2013 incident at plant

Extracts

Representatives of Shell Canada made a brief court appearance in Sarnia on Friday on environmental charges the company faces following an incident Jan. 11, 2013 at its plant near Corunna.

Shell is scheduled to appear again on April 10 at 9 a.m. in Provincial Offences Court at Bayside Centre.

Friday’s appearance was the first for the company since charges were laid in early January by Ontario’s Ministry of Environment and Climate Change.

The charges allege Shell Canada committed the offence of discharging, or causing, or permitting a discharge of a contaminate into the environment that caused or was likely to have caused an adverse effect, contrary to Ontario’s Environmental Protection Act. 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

Exxon Mobil Preparing to Buy BP? (More Speculation)

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By: MICHEAL KAUFMAN

Published: Feb 13, 2015 at 8:00 am EST

According to the recent reports from several financial media outlets, Exxon Mobil Corporation (NYSE:XOM) is in the market to hunt.

The multinational oil giant is one of the strongest defensive companies in the energy sector. It performs fairly well in low-price environments. The American company has an exceptionally strong cash position, which allows it to beat competition by acquiring it.

Exxon has a history of acquiring energy companies when commodity prices are low. During 2009, natural gas price plummeted 70%. Exxon Mobil acquired XTO Energy Inc, an oil and gas company, in an all-stock deal, putting the Texas-based company’s valuation at $41 billion. 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 one step closer to resuming exploration in the Chukchi Sea

Screen Shot 2013-11-01 at 09.31.18From an article by Tim Bradner published by Alaska Journal of Commerce on 12 Feb 2015 under the headline:

“One regulatory hurdle cleared for Arctic OCS drilling”

Shell is officially one step closer to resuming exploration in the Chukchi Sea. On Thursday the U.S. Bureau of Ocean Energy Management released its final supplemental environmental impact statement for a 2008 Chukchi Sea Outer Continental Shelf Lease Sale.

It is a move that is hoped to clear legal and regulatory hurdles facing Arctic offshore drilling.

The document was published on schedule after the draft SEIS was completed last fall. A Record of Decision will likely be issued in 30 days, which will allow BOEM to resume work on Shell’s revised exploration plan for the Chukchi Sea, BOEM said in a statement. 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

Britain’s ties with Abu Dhabi threatened by oil deal deadlock

Screen Shot 2014-10-28 at 11.51.59From an article by Andrew Critchlow published by The Telegraph on 13 Feb 2015 under the headline:

“Britain’s ties with Abu Dhabi threatened by oil deal deadlock”

Danger of Shell and BP walking away from historic oil agreement which has underpinned Britain’s broader historic relationship with the United Arab Emirates

Extracts

BP and Royal Dutch Shell are in danger of making a strategic error should they decide to walk away from a historic oil deal with Abu Dhabi, which has provided the commercial foundations for Britain’s broader relationship with the sheikhdom.

Negotiations have dragged on for more than a year and now appear to have reached an impasse over the emirate’s demands for upfront payments. The money amounts to about $7bn (£4.5bn) for rights to operate some of the world’s biggest onshore oilfields including Bu Hasa, Bab and Asab. At stake is rare upstream access to the deserts of Abu Dhabi, which hold close to 6pc of the world’s proven oil reserves, and Britain’s overall political and business influence in one of the region’s most potent sheikhdoms. 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

HSBC Tax Scandal: Revelations pending about a major oil company

Screen Shot 2015-01-06 at 21.26.38HSBC whistleblower: There are ‘more revelations’

By John Donovan

We know that Royal Dutch Shell has a long track record of tax dodging.

The most recent example occurred during its Arctic Drilling debacle, when it recklessly sent a drilling ship to sea in the face of a storm, trying to avoid a tax bill. 

According to a BBC News article published today, based on information from the HSBC whistleblower Herve Falciani, a major oil company could be next to feel the effects of a major data leak about how it operates.

Could it be Royal Dutch Shell Plc? 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

The credibility of Royal Dutch Shell oil demand forecasts

By John Donovan

Forecasts of future oil demand and oil prices made by Royal Dutch Shell CEO Ben van Beurden have been widely reported.

See syndicated Reuters article.

He is not exactly a disinterested independent observer, as his personal income and the well-being and profitability of the oil company he leads, depends on these issues.

Some might consider his forecasts to be wishful thinking.

It is an appropriate moment to look back on directly related forecasts made 7 years ago by one of his predecessors. 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

Europe gas supply in focus as Dutch debate giant Groningen field

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Screen Shot 2014-10-01 at 20.37.24The Groningen field is the largest natural gas field in Europe and the 10th largest in the world. It is operated by government-owned Gasunie and output is jointly exploited by the government, Royal Dutch Shell and Exxon. Extraction has resulted in increasingly strong tremors, some measuring as much as 3.6 on the Richter scale, which have cracked buildings and led to widespread damage claims.

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(Reporting By Anthony Deutsch, editing by David Evans)

Extracts

Feb 12 (Reuters) – Gas supplies to Europe from the massive Groningen field in the Netherlands could be curtailed as Dutch lawmakers debating on Thursday face public protests over earthquakes blamed on the site ahead of elections next month.

The parliament debate comes as the Netherlands and the European Union seek to diversify energy needs in the wake of the worst confrontation with Russia since the Cold War.

The Dutch, the EU’s largest gas exporter, can supply their households and power plants for years, but supplies will start dwindling in 2025, and they will soon become a net importer. 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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