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Posts on ‘October 4th, 2017’

Shell plans “major maintenance” at Europe’s largest oil refinery

OCTOBER 4, 2017 / 5:26 PM

LONDON (Reuters) – Royal Dutch Shell plans major maintenance involving 12 units at its 404,000 barrels-per-day (bpd) Pernis oil refinery in the Netherlands, the company said on the refinery website.

The maintenance is taking place in October and November, Shell said, without specifying the units involved.

The planned shutdown comes after Shell was forced to shut down the site for several weeks following a fire in late July.

Pernis is Europe’s largest oil refinery.  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 defends divestment efforts, but cancels sale in Thailand

Dutch supermajor said that it’s more than 80 percent of the way toward its divestment goals.

By Daniel J. Graeber: Oct 4, 2017

Oct. 4 (UPI) — While defending a robust spending program, Royal Dutch Shell said Wednesday it was canceling an agreement to sell off a stake of its assets in Thailand.

Subsidiaries of Shell and the Kuwait Foreign Petroleum Exploration Co. said they mutually agreed to cancel the multilmillion dollar sale of shares in Shell Integrated Gas Thailand Pte. Ltd., known also as SIGT, and Thai Energy Co Limited, or TEC.

Shell said the latter two would continue to support Thai partners in development of the Bongkot field. 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

Why Shell Investors Shouldn’t Ignore The Ongoing Security Situation In Nigeria

 Oct. 4, 2017 5:28 AM ET

Summary

  • Attacks on oil & gas infrastructure in Nigeria pose a serious risk to Royal Dutch Shell.
  • Looking at Shell’s footprint in the country.
  • How it has been impacted so far.

Royal Dutch Shell plc (NYSE:RDS.A) (NYSE:RDS.B) is a big player in Nigeria, a country that has been dealing with increases in civil unrest and sporadic violence over the past few years, particularly from the Niger Delta Avengers group that wants a larger portion of the oil & gas tax revenue to go to the Niger Delta region. This is on top of Nigeria’s ongoing fight against the Boko Haram insurgency in the northern parts of the country. The ongoing security situation is a major risk for Shell’s Nigerian operations, especially as the Niger Delta Avengers have shown the ability to repeatedly target bottlenecks like pipelines and force a lot of output offline. Let’s dig in by first going over what’s at stake for Shell. 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

Environmental group launches advertising campaign attacking Shell

This image will be used in an advertising campaign designed to attack the Shell Chemicals ethane cracker plant in Potter Township. 

A Pittsburgh-based environmental organization has launched a widespread advertising campaign designed to attack Shell Chemicals’ ethane cracker plant in Potter Township.

PennFuture, an advocacy group that pushes for clean air and water, as well as a “clean energy economy” in Pennsylvania, will launch the advertising campaign Wednesday, calling it the Toxic Neighbor citizen engagement project. 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 Reports Leak, Emissions at Deer Park, Texas Facility

By Dan Molinski

Royal Dutch Shell reported a leak and emissions Tuesday at its Deer Park, Texas refinery and chemical plant.

“A leak was found on the bottom of debutanizer distillation column. The cause of the leak is still under investigation,” the refinery said in a statement to the Texas Commission on Environmental Quality. It added that it was “reducing feed rate to unit to minimize emissions.”

Deer Park is located along the Houston Ship Channel, 20 miles east of downtown Houston. The facility includes a 326,000-barrel-a-day refinery. 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 cancels Thai sale, hits $25bn in divestments

Shell today confirmed a U-turn on the planned sale of its Shell Integrated Gas Thailand Pte. Limited (SIGT).

Written by

It comes as the firm revealed it had hit $25billion worth of investments. The oil major is targeting $30billion worth of investments by the end of 2018.

A spokesperson said: “Royal Dutch Shell announces today that its subsidiary, BG Asia Pacific Holdings Pte Limited, and KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), have mutually agreed to cancel the Sale & Purchase Agreement for the share sale of Shell Integrated Gas Thailand Pte. Limited (SIGT) and Thai Energy Co Limited (TEC). 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 cancels sale of Thai gas field stakes to Kuwait’s KUFPEC

Florence Tan: October 4, 2017

SINGAPORE (Reuters) – Royal Dutch Shell (RDSa.L) said on Wednesday it has cancelled a $900 million deal to sell its gas field stakes in Thailand to Kuwait Foreign Petroleum Exploration Company (KUFPEC).

Shell and KUFPEC announced the deal in January, and it was due to be completed in the first quarter of 2017.

“Although Shell and the Thai government have worked together closely and collaboratively on the matter, the different interpretations of the treatment of share sale transactions were not resolved within Shell and KUFPEC’s agreed timeframe,” a Shell spokeswoman said in an e-mail. 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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