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November 20th, 2015:

Shell charged over biggest North Sea oil leak in more than a decade

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Screen Shot 2015-11-20 at 08.55.47STV: 20 November 2015

Energy giant Shell has been charged over a major oil leak from a North Sea platform four years ago. 

The equivalent of more than 1300 barrels of oil spilled into the sea from the Gannet Alpha in August 2011, the largest leak in more than a decade. 

The UK Government carried out an investigation into the incident and Shell now faces charges over the spill, as well as pipeline maintenance and health and safety. 

Shell was able to bring the leak 112 miles east of Aberdeen under control but then faced a smaller leak which was spilling around 80 gallons of oil a day.  read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Goldman eyes $20 oil as glut overwhelms storage sites

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By Ambrose Evans-Pritchard: 20 Nov 2015

The world is running out of storage facilities for surging supplies of oil and may soon exhaust tanker space offshore, raising the chances of a violent plunge in crude prices over coming weeks, experts have warned.

Goldman Sachs told clients that the increasing glut of oil on the global market has combined with mild weather from a freak El Nino this winter. The twin-effect could send prices plummeting to $20 a barrel, the so-called ‘cash cost’ that forces drillers to abandon production. “Risks of a sharp leg lower remain elevated,” it said. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell charged over Gannet Alpha leak in 2011

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Screen Shot 2015-09-17 at 07.55.40Friday 20 November 2015

Oil giant Shell has been charged after an investigation into a leak at a North Sea platform in 2011, the BBC Scotland news website has learned.

It involved the Gannet Alpha platform, 113 miles (180km) from Aberdeen.

It was reported that the pipeline leaked more than 200 tonnes of oil.

The case against Shell UK is due to call at Aberdeen Sheriff Court next week. The charges cover oil pollution, pipeline safety and health and safety regulations.

The pipeline involved was about 300ft (91m) below the surface. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nigerian researcher key to landmark $83 million Shell oil spill settlement to speak at IUPUI

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INDIANAPOLIS — In an out-of-court settlement reached earlier this year, Shell Petroleum Development Co. of Nigeria agreed to an $83.4 million (55 million pounds) compensation package for Bodo, a Nigerian farming and fishing community damaged by massive oil spills in 2008 and 2009. The Bodo case is the first major legal settlement where compensation has been paid directly to individual Africans and not just done through chiefs or community leaders.

This afternoon, a researcher whose data contributed to the winning of the case will speak at Indiana University-Purdue University Indianapolis. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Lorraine Mitchelmore is stepping down as the head of Shell Canada. But she’s not going quietly.

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Screen Shot 2015-11-20 at 08.55.47NOVEMBER 18, 2015 10:20 AM

Extracts

Shell has reduced greenhouse gas emissions by 20 per cent per barrel from its oilsands business in the past five years, through many small efforts, including making more efficient use of its trucks.

Yet that hasn’t stopped Shell from being a target and paying a high price for the anti-oilsands campaign.

Last month it cancelled the 80,000-barrels-a-day Carmon Creek oilsands project in Peace River in mid-construction, taking a $2-billion impairment charge. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

In Shell-BG review, China wants concessions on huge gas deals

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LONDON/BEIJING | BY RON BOUSSO, DMITRY ZHDANNIKOV AND CHEN AIZHU: Deals | Thu Nov 19, 2015

Chinese regulators vetting Royal Dutch Shell’s (RDSa.L) proposed merger with BG Group (BG.L) are pressing the Anglo-Dutch company to sweeten long-term gas supply contracts in a move that could cast new doubt over the near-term benefits of the $70 billion tie-up.

For China, the opportunity to re-negotiate existing liquefied natural gas (LNG) supply contracts with Shell, which combined with BG would supply around 30 percent of its imports by 2017, comes at an ideal time because the world’s top energy consumer faces a large surfeit over the next five years. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to decide on Ormen Lange subsea compression in 2016

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Screen Shot 2015-09-17 at 07.55.40STAVANGER, NORWAY: Business News | Thu Nov 19, 2015

Shell plans to decide next year whether to resume installing subsea compressors at its giant Ormen Lange field offshore Norway, a company’s senior executive said on Thursday, after stopping the project last year to save costs.

“We still expect in the course of 2016 that we will get to a point where we can see whether we can sanction a good development there or not,” Mark Wildon, a vice-president at Shell Norway, told Reuters on the sidelines of an energy conference. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.