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Posts on ‘November 10th, 2015’

Shell’s top Arctic exec is retiring, will join KBR board

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Posted on November 10, 2015 | By Joshua Cain

After Royal Dutch Shell scuttled its $7 billion Arctic drilling program in September, the company’s top executive on the project is moving on.

Ann Pickard, Shell’s executive vice president in the Arctic, will retire from the company in February 2016, Shell spokeswoman Kelly op de Weegh said Tuesday.

She will also join the board at Houston-based engineering and construction giant KBR Inc. in December, the company said on Tuesday.

Pickard was appointed to the Arctic after Shell’s program there foundered in 2012, when the rig the company contracted for the job, the Kulluk, crashed into an Alaskan island.

Shell ended its second attempt in the Arctic on Sept. 28 after the exploratory well it drilled in Alaskan waters of the Chukchi Sea failed to find significant amounts of oil and gas. 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 CEO says company committed to oilsands despite Carmon Creek decision

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LAUREN KRUGEL, THE CANADIAN PRESS: November 10, 2015

FORT SASKATCHEWAN — The CEO of Royal Dutch Shell Plc says a decision to back away from its Carmon Creek oilsands project last month does not mean it’s backing away from the oilsands in general.

Ben van Beurden told reporters last week that his company ranks investment opportunities in its global portfolio project-by-project, not region-by-region — so the whole industry cannot be painted with the same brush as the halted 80,000-barrel-a-day Carmon Creek project in northwestern Alberta.

More important than its upfront cost was the project’s “resilience” under a variety of different scenarios, said van Beurden. 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

Nigerian Probes Uncover $12bn Oil Fraud

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Screen Shot 2015-11-10 at 17.18.45In 2012, the Senate investigated the contentious Malabu Oil Field transaction. The Upper House re-opened investigation into an allegation of $1.1 billion round-tripping involving the federal government and two international oil companies – Shell and Eni (Agip) – over the sale of a contentious OPL 245 oil block.

BY EDEGBE ODEMWINGIE AND BODE GBADEBONov 10, 2015 

The National Assembly has conducted 18 legislative probes into sundry cases of crude theft, pipeline vandalisation, misappropriation, Joint Venture agreements, missing crude revenue in Nigeria’s corruption-tainted oil and gas sector from 1999-2014.

According to the outcomes of the selected major probes in the oil sector, about $15bn was lost to fraud while a whopping $6.8bn subsidy was unaccounted for. The period also witnessed the alleged missing N500bn SURE-P claims for oil subsidy for a period of time. 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 haunted by Ken Saro Wiwa legacy as Niger Delta communities demand justice

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Screen Shot 2015-11-09 at 23.29.3910 November 2015

Today marks the 20th anniversary of the execution of Ken Saro Wiwa and eight other Ogoni leaders, hanged by the Nigerian state after they spoke out against the government and campaigned against Shell’s operations in Nigeria’s Ogoniland. Their executions sparked a global outcry.

It’s a fitting moment to take stock of the oil industry’s legacy of contamination of the Niger Delta.

Why are women, men and children in the Delta still having to drink, cook with and wash in polluted water, eat toxic fish and farm on contaminated land? 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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