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Posts on ‘March 2nd, 2015’

Lawsuit challenges Port of Seattle lease for Shell Arctic drilling fleet

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Posted by Chris Klint, Senior Digital Producer, [email protected]: Mar 02, 2015

Screen Shot 2015-03-02 at 19.49.45ANCHORAGE – An array of Washington-based environmental groups has sued the Port of Seattle over a leasing agreement to host Shell Oil’s Arctic drilling fleet, claiming the deal was negotiated in secret and may pollute the port.

Shell contractor Foss Maritime received a two-year lease, announced in February, for 50 acres of waterfront property and the mooring of up to eight vessels. Port officials expected the lease to bring in at least $13 million in rent during the two-year period.

A Monday statement from Earthjustice says the suit, filed in King Country Superior Court against the port, asks the court to vacate the lease. The suit was filed on behalf of several groups including the Puget Soundkeeper Alliance, the Sierra Club, the Washington Environmental Council, and the Seattle Audubon Society. 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

Dutch government says sorry for quakes caused by Groningen gas field

Screen Shot 2015-03-02 at 19.27.29Mar 2 2015, 15:19 ET | By: Carl Surran, Seeking Alpha News Editor

The Dutch government apologizes for ignoring risks posed by earthquakes caused by production of natural gas from the Groningen field, following a report last month by the country’s safety board that found the government, together with Royal Dutch Shell (RDS.A, RDS.B) and Exxon Mobil (NYSE:XOM), had put profits before safety in exploiting the field.

The economic minister has ordered production at Groningen to be cut by 16% for H1 2015, with another decision on production at the field expected on July 1. 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

Groups to sue Port of Seattle over Shell drilling fleet

Screen Shot 2014-04-04 at 09.38.42SEATTLE (AP) – A coalition of environmental groups says it’s planning to sue to stop Royal Dutch Shell PLC from use Seattle’s waterfront as a homeport for its Arctic oil drilling fleet.

Groups to sue Port of Seattle over Shell drilling fleet

Posted: Mar 02, 2015 6:13 PM GMT

SEATTLE (AP) – A coalition of environmental groups says it’s planning to sue to stop Royal Dutch Shell PLC from use Seattle’s waterfront as a homeport for its Arctic oil drilling fleet.

The Port of Seattle earlier this month signed a two-year lease for 50 acres across from downtown Seattle to Foss Maritime, whose client is Shell.

The groups allege that the port violated state environmental laws when it did not do a review. The groups including Sierra Club and Seattle Audubon Society are holding a news conference Monday. 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

JP Morgan Warns Royal Dutch Shell Investors

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By: MICHEAL KAUFMAN
Published: Mar 2, 2015 at 12:24 pm EST

In a report published on Monday, JP Morgan has advised the stock market participants to keep an eye on the “five key factors” that could undermine RoyalDutch Shell plc (ADR) (NYSE:RDS.A) earnings during the first quarter of fiscal 2015 (1QFY15).

JP Morgan is of the view that Shell high-margin assets are under attack on weaker crude prices. The sell-side research firm maintained its $49-56.75 price per barrel estimates for Brent crude. As the news crossed wires, the stock is trading down 1.67% at $64.28 as of 10:59 AM EST. 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

Bells toll for Europe’s largest gas field

Screen Shot 2015-03-02 at 19.27.29It accused the government and the field’s operators, Royal Dutch Shell and Exxon Mobil Corp, of ignoring the threat of earthquakes linked to the massive Groningen gas field for years.

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Toby Sterling | Reuters

WESTERWIJTWERD, Netherlands – Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe’s largest natural gas field.

“Money can buy a lot of things, but a building like this cannot be replaced,” said Jur Bekooy, a civil engineer with the Groningen Old Churches Association, pointing to cracks in the ceiling and walls of the 13th-century Maria Church in the village of Westerwijtwerd.

Long ignored, voices like Bekooy’s are being heard as elections loom this month and following a damning report from the independent Dutch Safety Board.

It accused the government and the field’s operators, Royal Dutch Shell and Exxon Mobil Corp, of ignoring the threat of earthquakes linked to the massive Groningen gas field for years. 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

New Shell MD in Nigeria

Screen Shot 2015-01-06 at 21.26.38Printed below is information from a press release about the new boss of Shell in Nigeria. I am sure Mr. Osagie Okunbor will be just as honest as the Nigerian President Goodluck Jonathan and other Nigerian politicians and business people (including Internet entrepreneurs), all globally renowned for their virtuous attributes such as integrity, truthfulness, and straightforwardness. 

FROM THE PRESS RELEASE

A new Managing Director for Shell Petroleum Development Company, Mr. Osagie Okunbor, has assumed office succeeding Mr. Mutiu Sunmonu who retired on Saturday after 36 years of service. Osagie’s appointment had been announced in January while he was serving as a Senior Advisor in Shell’s Upstream International Operated business in The Hague, Netherlands.

The new Shell helmsman, who is also assuming the role of the Country Chair, Shell Companies in Nigeria, brings over 28 years of industry experience and expertise to the role his new role. 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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