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Posts on ‘September 14th, 2016’

Noy faces graft suit over Shell

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screen-shot-2016-09-09-at-20-58-10By Rio N. Araja: September 15, 2016

FORMER President Benigno Aquino III is facing graft charges before the Office of the Ombudsman for allegedly failing to collect P100 billion in taxes from Pilipinas Shell Petroleum Corp.  for gasoline shipments in 2004 to 2009.

Also charged were ex-Finance secretary Cesar Purisima, PSPC chairman and president Edgar Chua, ex-vice president for communications Robert Kanapi and country tax manager Nigel Avila.

The complainants–ex-Customs commissioner Napoleon Morales, former district collector Juan Tan and Headlines News Today publisher Lourdes Aclan–accused Aquino, Purisima and the other respondents of violating the Anti-Graft and Corrupt Practices Act and the Tariff and Customs Code. 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

First carbon capture project in oilsands passes one million tonne milestone

screen-shot-2016-09-14-at-18-38-44The company, which developed the $1.35-billion Quest project with the help of $745 million from the Alberta government and $120 million from Ottawa, says the project is operating ahead of schedule and under budget.

“There isn’t a metric that hasn’t finished very strongly in green,” said Zoe Yujnovich, executive vice-president for heavy oil at Shell.

“I don’t think we can say that about many projects.”

The Quest project is designed to capture about a third of the emissions from Shell’s Scotford Upgrader near Fort Saskatchewan, Alta., turn that into a near-liquid, and then pump it over two kilometres underground into porous rock formations. 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 safety chief urges industry not to get bogged down in KPIs

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Written by Mark Lammey – 14/09/2016 7:22 am

The oil and gas industry is in danger of getting bogged down in key performance indicators (KPIs), a safety chief from Shell said yesterday.

Norbert van Beelen, Shell’s vice president of wells safety and environment, said that while it was important to measure performance, companies were wasting time gathering superfluous metrics.

He said: “We need to manage it because KPI is becoming an industry on its own.

“Certain metrics are needed so we understand where we are going, but there needs to be a purpose. We need to be deliberate about what we are choosing. 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

Big Oil’s New Focus on Natural Gas

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By SARAH KENT: Sept. 13, 2016 10:02 p.m. ET

Royal Dutch Shell ’s truck filling station at Rotterdam’s Waalhaven harbor in the Netherlands isn’t your typical fueling spot. Alongside the diesel pumps are fuel tanks with a special nozzle used to pump liquefied natural gas—an experiment that Shell is hoping can help it stay ahead of shifting trends in energy consumption.

Shell’s LNG fueling stations in Waalhaven and elsewhere are just one piece in a grand strategy to build new markets for the company’s growing natural-gas business—and get a jump on the competition. 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

How Will Shell’s Upstream Production Change In The Next Five Years?

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screen-shot-2016-09-09-at-20-58-10September 13, 2016, 03:26:57 PM EDT By Trefis Team, Trefis

Before the commodity downturn began in 2014, Royal Dutch Shell (NYSE:RDSA), one of the world’s largest integrated energy company, grew its production at a steady rate. However, the oil slump took a toll at the company’s price realizations, forcing it to restrict its capital expenditure, and in turn its production. As a result, Shell’s upstream production has remained flat over the last five years. As the outlook for commodity markets remains uncertain, we expect Shell’s upstream production to be weak even in the remaining half of 2016. 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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