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Posts on ‘January 5th, 2017’

Dutch court upholds Groningen gas production cap

Jan. 5, 2017 2:28 PM ET|By: Carl Surran, SA News Editor

A Dutch court today upheld a government decision to cap production at the Groningen gas field at 24B cm until Oct. 1, 2021, a step aimed at easing the risk of earthquakes triggered by drawing gas from the field.

The court was responding to requests for a preliminary injunction against the June decision, opposed by groups who sought a halt or a deeper cut to production at Groningen.

Output has been cut several times from 53.9B cm in 2013 amid criticism that Dutch authorities had failed to adequately assess the risk to citizens from earthquakes caused by gas production. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell reprimanded for federal voting infractions at Fort McMurray mine

Shell reprimanded for federal voting infractions at Fort McMurray mine

Some workers at the Shell Albian Sands site were denied their right to vote on polling day

CBC News Posted: Jan 05, 2017 8:41 AM MT

Shell has been reprimanded by Elections Canada for failing to provide some of its Fort McMurray oilsands workers adequate time off to vote in the 2015 federal election.

The oilsands operator has signed a compliance agreement with Elections Canada, after a federal investigation determined that some workers who requested time off the job to go to the polls were denied.

On polling day, Oct. 19, the company declined employee requests for time off work, meaning some employees at the Shell Albian Sands Mine were denied their right to have three consecutive hours off the job for the purpose of casting a vote. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Royal Dutch Shell Better Positioned as Oil-Producing Countries Begin to Reduce Output

January 04, 2017, 10:32:39 AM EDT By MT Newswires

Royal Dutch Shell (RDS.A, RDS.B) is in a better position as members of the Organization of the Petroleum Exporting Countries and other producers begin curbing production in a bid to boost prices, RBC researchers said in a note to clients on Wednesday.

“We believe the recent OPEC/non-OPEC supply deals have put the oil market on much firmer footing, which removes some of our tail-risk concerns for Shell,” the analysts said. “Looking ahead, we see the potential for strongly improving cash flow generation, while in the near term, we believe net debt should begin falling from its peak.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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