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ROYAL DUTCH SHELL PLC NEWS FRIDAY 19 SEPT 2014

Screen Shot 2014-09-19 at 12.52.41By John Donovan

Shell’s Arctic Drilling Plans 

fuelfix.com has published an article about Shell’s latest plans for exploratory oil drilling in the Chukchi Sea, north of Alaska. The detailed article contains links to a document Shell has filed with the U.S. Bureau of Ocean Energy Management, a related federal court document and an exploration plan.  A lawyer for the conservation group Oceana, is quoted as saying: “Shell appears to have learned little from its past experiences and should be considering whether it wants to continue to invest huge sums continuing to try to drill in a place for which it is clearly unprepared.” Apparently “Shell executives have not made an official decision to plunge forward into those icy waters, but filing the exploratory plan is a necessary step in its quest for federal permits necessary to conduct the work next year.” 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.

BP a better investment than Shell right now

Screen Shot 2014-01-30 at 00.47.49Extracts from an article by David Thorpe published 22 July 2014 by What Investment under the headline: “M&G: BP is a better investment than Shell right now”

Felton’s reason for not investing in Shell at present is that he believes the company has made a significant strategic blunder.

‘Shell has always been the high cost, low risk producer. They are the archetypal supertanker of the oil industry. But a few years ago, they began to focus on extracting very expensive oil from the Canadian sands. The rationale was that the higher production cost would be offset by the ease of transporting the oil just next door to the US. And that made sense, when the US was the largest oil market in the world, but the rapid acceleration of the fracking industry means that the US could become self-sufficient in energy within one or two years, which means Shell wouldn’t have that market.’ 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.

South African anti-fracking group threatens legal challenge

Screen Shot 2014-03-11 at 14.07.51Extract from a Reuters article by Ed Cropley published 22 July 2014 under the headline: “UPDATE 1-S.African anti-fracking group threatens legal challenge”

JOHANNESBURG, July 22 (Reuters) – A South African anti-fracking group threatened a legal challenge on Tuesday to government plans to grant shale gas exploration licences in the pristine semi-desert of the Karoo, saying the regulatory process had been marked by “patent ineptitude”. Green groups wanting to protect the Karoo, believed to hold significant shale gas deposits, said Pretoria was incapable of ensuring firms such as Royal Dutch Shell, at the forefront of the fracking push, would adhere to the rules. 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 ending investments in gas development project in Saudi Arabia

Screen Shot 2014-02-10 at 16.29.29Reuters article published by ArabNews.com Monday 7 July 2014

DUBAI: Royal Dutch Shell is ending investments in a gas development project in Saudi Arabia, complicating the top oil exporter’s efforts to exploit its huge gas reserves.

The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.

But the emergence of the shale gas industry has opened up more lucrative opportunities for energy companies elsewhere.

“Shell has decided to end further investment in the Kidan development,” it said in a e-mailed statement. read more

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Shell sails ahead without UK shale

Extracts from an article by Andrew Critchlow published in The Sunday Telegraph on 6 July 2014

Screen Shot 2014-02-10 at 16.29.29Shale gas is likely to play an increasingly important role in powering Britain’s growth but don’t expect the country’s largest oil and gas company, Royal Dutch Shell, to help create a fracking-led energy revolution. Andrew Brown, director of upstream international business and the man responsible for the main revenue-generating side of Britain’s most valuable company, is sceptical about the potential for shale oil and gas development in Britain. Outside North America, Shell’s main focus on what Brown calls “unconventional” oil and gas is in China and Russia. The company is also looking at Ukraine and drilling in Turkey, but using North America as a benchmark, the UK is nowhere near the Anglo-Dutch company’s list of viable prospects. 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.

Fracking earthquakes

Screen Shot 2014-01-09 at 14.09.18Extracts from a BBC News article by Matt McGrath published 3 July 2014 under the headline: Wastewater from energy extraction ‘trigger US quake surge’

Massive injections of wastewater from the oil and gas industry are likely to have triggered a sharp rise in earthquakes in the state of Oklahoma.

Researchers say there has been a forty-fold increase in the rate of quakes in the US state between 2008-13.

The scientists found that the disposal of water in four high-volume wells could be responsible for a swarm of tremors up to 35km away.

Their research has been published in the journal, Science.

There has been increasing evidence of links between the process of oil and gas extraction and earthquakes in states like Arkansas, Texas, Ohio and Oklahoma in recent 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.

Ukraine Discomfort for Shell and Chevron

Screen Shot 2014-03-04 at 17.39.57Shell entered into the deal in 2013 with then Putin puppet President Viktor Yanukovych, before he was ousted. As can be seen in the FT article, Shell and Chevron are now both trying to hide behind claimed business principles. Its a bit late for that.

By John Donovan

The Financial Times has published an article about the uncomfortable position of Shell and Chevron in the Ukraine crisis.

Extract

Getting caught up in a war zone ranks among the worst-case scenarios for an oil company. This has happened to Royal Dutch Shell in eastern Ukraine, where heavy fighting between pro-Russian separatists and Ukrainian military forces continues.

What is even worse is that both energy giants have Ukrainian partners in shale gas deals with dubious connections to the former regime, in a country famed for corruption.  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.

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans

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Screen Shot 2014-03-04 at 17.39.57Extracts from a CorpWatch article by Richard Smallteacher publish 12 June 2014

Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its opposition to fracking. Shell announced that it would take a respite from drilling for gas in the 8,000-square-kilometer Yuzivska field in the eastern Ukraine in early June. The company was awarded the concessions by the government of Viktor Yanukovych in January 2013, a year before he was ousted from office by violent protests this past February. Since then, clashes between government forces and pro-Russian militias have caused Shell to reconsider, not least because Shell has other lucrative energy deals in Russia. “We obviously need to assess the future security situation as it develops because the safety of our own people is our first priority,” Simon Henry, Shell’s chief financial officer, told Bloomberg TV. “Russia is a major holder of hydrocarbon reserves, possibly the largest in the world. So in the long term it really does matter.” 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.

Fracking Irony

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Extract from a Dallas Observer article by Amy Silverstein published 21 Feb 2014 under the headline: Exxon CEO Rex Tillerson is Suing to Stop a Fracking Development Outside Dallas

Just a few days after the Weather Channel published a damning, in-depth report documenting how natural gas drilling is wreaking havoc on Texas’ air quality, a group of wealthy property owners outside Dallas are dealing with another dark side of the energy boom: a really ugly water tower. And, as the Wall Street Journal just uncovered, one of those angry homeowners trying to stop the tower and its fracking-related business is none other than Exxon CEO Rex Tillerson. The lawsuit already has a winner, and that winner is irony. 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.

Upstream and Downstream – always oil and water

PADDY BRIGGS

RETIRED ROYAL DUTCH SHELL EXECUTIVE, PADDY BRIGGS

When I retired I was presented with a small silver Shell emblem which I still wear with pride from time to time. It once stood for excellence in marketing and was one of the world’s most familiar brand symbols. Now it’s a bit of a collectors item symbolising a world that has long gone…

By Paddy Briggs

Most of my 37 year Shell career was spent in the “Downstream” but from time to time I had contact with the Upstream operations and in my final assignment in the Middle East I was very close to Upstream issues. Both Shell’s exploration and production activities (the Upstream) and their refining and marketing business (the Downstream) had the Shell emblem (the “Pecten”) flying over them – but that was about the only thing they had in common!

EP is a top down business. The experts in The Hague, mostly products of the best geology and technology Universities, built unrivalled expertise in the tasks of finding and exploiting hydrocarbon assets. They were also pretty good at building the necessary alliances with partners that virtually all upstream operations require. Their world was the world of oil reservoirs, horizontal drilling, fracking and all the other thousand and one technologies and techniques that made the business work. 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.

Jury Awards Texas Family $2.9M For Fracking Nuisance

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CLICK ON IMAGE TO ENLAGE

Extract from an article by Jess Davis published 23 April 2014 by LAW360 under the headline: “Jury Awards Texas Family $2.9M For Fracking Nuisance Claim” 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.

Fracking earthquakes

Screen Shot 2014-03-11 at 14.07.51Extract from an article by Carey Gillam published by Reuters, 5 April 2014, under the headline: Series of small earthquakes rock Oklahoma in record seismic activity

(Reuters) – Earthquakes rattled residents in Oklahoma on Saturday, the latest in a series that have put the state on track for record quake activity this year, which some seismologists say may be tied to oil and gas exploration. One earthquake recorded at 3.8 magnitude by the U.S. Geological Survey rocked houses in several communities around central Oklahoma at 7:42 a.m. local time. Wastewater disposal related to the fracking is suspected by many scientists to contribute to the earthquake activity. Millions of gallons of wastewater are typically trucked from a fracking site to wells where the water is injected thousands of feet underground into porous rock layers. That work, if done near a fault, can trigger larger quakes, according to several recent scientific studies. 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.

US now pumping 10 percent of the world’s crude

Screen Shot 2014-03-28 at 08.30.15Extracts from an article by Emily Pickrell published 26 March 2014 by fuelfix

HOUSTON — Boosted by the galloping pace of tight oil operations, the United States produced a tenth of the world’s oil at the end of last year, the Energy Information Administration reports. The shale boom has given the U.S. a production rate not seen since 1988, as tight oil replaced declining production in conventional fields. Almost two-thirds of U.S. tight oil comes from South Texas’ Eagle Ford and North Dakota’s Bakken shales. 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.

‘Orphan’ oil wells warning for fracking

Plans to expand shale gas “fracking” in the UK must learn from leaks and poor monitoring at existing onshore oil and gas sites, scientists say.

A review of 2,152 wells drilled from 1902-2013 found up to 100 “orphaned” wells for which no firm is responsible.

fracking graphic

The use of hydraulic fracturing (fracking) to recover shale gas has raised fears of earthquakes and contamination of drinking water by chemicals pumped into wells. But scientists say there is another pollution risk – from structural failure of the well casing – and this risk is not particular to shale gas. It is common to all hydrocarbon drilling sites. 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.

The People vs Shell: Frack off

Extracts from an article by Staci Matlock published on 11 March 2014 by The New Mexican under the headline: “Land grant group joins Mora fight against oil drilling”

Screen Shot 2014-03-12 at 08.50.16The Mora Land Grant association has come down on the side of the Mora County Commission in a fight against the Royal Dutch Shell oil company and private landowners over oil and gas drilling. “This case is about who controls the water, the land, and the natural environment in Mora County — the residents of the county who have passed the ordinance to protect their rights and the rights of nature or an out-of-state corporation,” Jeffrey Haas, a Santa Fe attorney representing the land grant association, said in a statement. Jacobo Pacheco, a Mora County resident and member of the land grant, also is intervening in the lawsuit. He said in the history of the U.S. — whether it was voting rights, civil rights or now the rights of people over corporations — “there is a time to stand up for what is right.” 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.

Sasol ‘eyes Shell Karoo acreage’

Extracts from an article by Eoin O’Cinneide published by upstream online.com

Screen Shot 2013-12-22 at 19.09.52South African petrochemicals giant Sasol is eyeing some of Shell’s shale gas acreage in the country’s Karoo basin… “We are really interested in what is going in the Shell block and would love to farm in or take a piece of it,” Reuters quoted Sasol chief executive David Constable as saying on Monday. “Shell is issuing profit warnings and pulling back capex right now.”

Full Article
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/Exxon Mobil puts Ukraine gas prospect on hold

Extract from an article by Jim Landers published on 5 March 2014 by The Dallas Morning News

Screen Shot 2014-02-10 at 16.29.29Exxon Mobil and Royal Dutch Shell are heading a group selected in 2012 to explore for gas off Ukraine’s western Black Sea coast in an area called Skifska. Negotiations on a production-sharing agreement with the Ukrainian government were underway in the weeks before street battles with government opponents led the country’s president to flee to Russia. 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 halts work on Pierre River oil sands mine in northern Alberta

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| February 12, 2014 5:18 PM ET

Screen Shot 2014-02-13 at 00.32.08CALGARY – Royal Dutch Shell PLC told regulators it is halting work on its Pierre River mine in northern Alberta’s oil sands and that it has no idea when it may revive the blueprints. The Hague-based company this year cancelled plans to drill in Alaska’s Arctic and postponed development of a liquefied natural gas venture offshore Australia. The company issued a rare profit warning last month before reporting a 49% plunge in quarterly earnings to $2.9-billion. 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.

Natural Gas and Nagging Earthquake Fears

Screen Shot 2013-09-16 at 00.01.41

By Sara Murphy

More evidence emerges from The Netherlands that natural gas extraction is contributing to increases in tremors around an Exxon Mobil/Shell joint venture.

The Dutch government is cutting production from Western Europe’s biggest gas field, operated by an ExxonMobil (NYSE: XOM) / Royal Dutch Shell (NYSE: RDS-A) joint venture, by a quarter over the next three years.

This is one of those areas where a single big event could turn the public completely against fracking, and maybe even natural gas in general. 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 EP: The lame being led by the blind

Screen Shot 2014-01-14 at 14.34.31So the shock of not becoming number one was too big for Andy Brown. I wish him a speedy recovery and thereafter he should go spend quality time with his family and enjoy his earnings. Wetselaar is no doubt a brilliant finance man. But a finance man is really a failed banker, not good enough for the real thing… And this brilliant fellow will ‘lead’ the whole upstream as a part-time job? Has Shell not learned from the past what happens if you put beancounters in charge?

Comment from an old EP hand on Jan 21st, 2014 at 16:19 

The lame being led by the blind: So the shock of not becoming number one was too big for Andy Brown. I wish him a speedy recovery and thereafter he should go spend quality time with his family and enjoy his earnings.

On shell.com I read the following:

‘During Andy’s recuperation and until his return to work, Maarten Wetselaar, Executive Vice President Integrated Gas and former head of finance for Upstream International, will serve as acting Upstream International Director, in addition to carrying out his regular duties.’ 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.

Total dips a toe in UK shale but BP and Shell unlikely to follow

Screen Shot 2012-07-12 at 16.32.59The French company trumpeted becoming the “first major to enter into shale gas licences in the UK”, calling it an “important milestone”. But its stance contrasts starkly to that of Shell, whose British chief financial officer Simon Henry said last year it had no desire to be “first in and be in the headlines every day in the UK”. Shell had “much higher priorities, and more attractive opportunities” elsewhere and would not throw money into shale…

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US majors next most likely to invest while BP and Shell expected to steer clear in the short term at least

By 9:07PM GMT 13 Jan 2014

 More international oil and gas majors may follow Total’s lead in joining the search for British shale gas – but BP and Royal Dutch Shell will not be among them, experts have predicted.

The French energy giant on Monday confirmed it would invest $48.1m (£29.3m) in the search for shale gas in the East Midlands, taking a 40pc stake in two licences held jointly by IGas, eCORP, Egdon Resources and Dart Energy

The move was hailed as the biggest vote of confidence yet in the potential of UK shale, following investments by GDF Suez and Centrica – two smaller but still heavyweight companies. 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.

Fracking realities

BP and Shell are globally known, many would think, not for responsible management and regulation of the oil industry but rather for huge oil pollution in the USA and Africa…

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Thursday 19th December 2013

From (Prof) Andrew
Watterson

Your illuminating report on the fracking map for Scotland (18 December) highlights a number of major issues.

AMEC, the consultancy firm chosen by the UK government to assess the effects of fracking, is one that has done much work for oil companies such as BP and Shell.

BP and Shell are globally known, many would think, not for responsible management and regulation of the oil industry but rather for huge oil pollution in the USA and Africa and, in the former company, for ­lethal health and safety failures. Former BP staff are at the centre of the move to develop fracking. 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.

Marchers protest against fracking

Screen Shot 2012-07-12 at 16.32.59More than 200 people marched almost 3km in strong winds to the Shell offices on Cape Town’s Foreshore yesterday to register their objections to fracking in South Africa. Shell’s Karoo fracking plans have sparked a battle between the government and farmers, as well as conservationists.

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By PAIGE SUTHERLAND: October 19 2013 at 02:51pm

More than 200 people marched almost 3km in strong winds to the Shell offices on Cape Town’s Foreshore yesterday to register their objections to fracking in South Africa.

Treasure Karoo Action Group chief executive Jonathan Deal said the march was to show the government that people would not let fracking destroy the environment.

The Treasure Karoo Action Group co-hosted the march with AfriForum and other NGOs.

“The people of South Africa need to understand the threat of fracking,” Deal 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 train wreck in sight?

Screen Shot 2013-07-15 at 07.03.50TIME TO PUT ON THE HARD HATS?

Overall, Shell’s strategy now seems to involve stopping capex and unloading assets in something resembling a fire sale – perhaps to cover the losses in the US, perhaps because it sees a need to fight off a hostile takeover, or perhaps because of the potential liabilities if it is found to have been manipulating the oil price.

ARTICLE BY A SHELL RELATED SOURCE

John

The issue of the licence to operate the Corrib plant should be no more than a formality, but it seems that the EU has become involved in the matter. Giving approval to operate the plant prior to the environmental impact assessment is not very clever, as it implies that the EIA is a formality. On its own, this would be less significant but taken with the warning from the Norwegian government that Shell is in danger of being removed from their list of approved investments, the recent refusal by the UK government to agree to the planning approvals for Shell Centre, and the cancellation of the Chinese project suggests that something more serious is going on.
 
Of course it may be the potential liabilities associated with the EU price fixing investigation (and the EU has shown repeatedly that it is not beholden to Shell in the same way as the UK and Dutch governments) and it may also be the scale of the US shale gas and Arctic losses. The costs of these losses will fall partly on shareholders, but also to a large extent on the Dutch and UK  governments in the form of reduced tax receipts.
 
Shell (Voser) has admitted that its investments in unconventionals are not performing and will be sold – although Shell have acknowledged “impairments” of about $2bn this would represent less than 10% of the amount invested: it should be fairly obvious to anyone that after Voser’s comments a much larger loss should be anticipated. Added to the $5bn spent in Alaska, the losses are comparable in magnitude to BP’s losses on Macondo… The difference seems to be that the stock market (but presumably not sovereign wealth funds) does not realise that there is a train wreck coming, or is deluded by Shell’s maintenance of its share price by its continuous stock repurchases. Shell may actually have been operating at a loss for the past couple of years as a result of the Odum/Lawrence US projects.
 
Total has made no secret of its desire to break free from its franco-centric roots, and has announced that it will be moving some of its operations from Paris to London. Total also complained to the EU about the oil price issue, initiating the current investigation. Could a merger be on the horizon? Perhaps headquartered in London? There is space available! Normally any merger of this nature would involve disposal of some assets, and perhaps Corrib is now on the block along with the Nigerian assets – Chevron might also be interested, but with their ongoing problems in Ecuador and their own disposals in Nigeria, it should not be a surprise that they would not want to take on Shell’s Niger Delta assets.
 
Overall, Shell’s strategy now seems to involve stopping capex and unloading assets in something resembling a fire sale – perhaps to cover the losses in the US, perhaps because it sees a need to fight off a hostile takeover, or perhaps because of the potential liabilities if it is found to have been manipulating the oil price.
 
All of this is summed up quite well in the series of articles from the Daily Telegraph, together with your links at the end of the article. What a mess…. 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.

At least 40 in Canadian Shale gas protest

Screen Shot 2013-10-18 at 10.15.40At least 40 people were arrested after a protest at a shale gas development in the Canadian province of New Brunswick turned violent, say police, BBC News reported. A shot was fired, petrol bombs were tossed and police cars torched at the blockade near the town of Rexton. The Royal Canadian Mounted Police said arrests were made for firearms violations, threats and intimidation.

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October 18, 2013 – 09:33 AMT

PanARMENIAN.Net – At least 40 people were arrested after a protest at a shale gas development in the Canadian province of New Brunswick turned violent, say police, BBC News reported.

A shot was fired, petrol bombs were tossed and police cars torched at the blockade near the town of Rexton.

The Royal Canadian Mounted Police said arrests were made for firearms violations, threats and intimidation.

Protesters have blockaded a staging area where an energy firm stores its equipment since 30 September. 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.

U.S. ‘over-fracked and over-drilled,’ Shell technology official says: Hype ‘dangerous’

The United States’ oil and gas industry has “over-fracked and overdrilled”, according to Matthias Bichsel, projects and technology director at Royal Dutch Shell Plc.

Screen Shot 2013-10-18 at 10.02.38 By Yadullah Hussain, Financial Post October 17, 2013 11:00 PMThe United States’ oil and gas industry has “over-fracked and overdrilled”, according to Matthias Bichsel, projects and technology director at Royal Dutch Shell Plc.

“The reservoirs don’t need that many wells. The reservoirs don’t need that many stages of fracks, because not all the pieces of the rocks are as good,” Mr. Bichsel said in a telephone interview from Vancouver last week, where he was speaking at a company event.

The United States is on course to become the world’s largest oil supplier, according to PIRA Energy Group, a New York-based energy consultancy.

“The U.S. shale liquids growth of 3.2 million barrels per day over the last four years has been nearly unparalleled in the history of world oil; only Saudi Arabia in 1970-74 raised its production faster,” PIRA said in a statement. 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.

South Africa Says Fracking Fluids Must Be Disclosed by Explorers

Royal Dutch Shell Plc and other explorers have applied for permits to explore the semi-desert Karoo region. South Africa, which in 2012 ended a ban on the practice known as fracking, estimates shale gas may generate 1 trillion rand ($100 billion) of sales in 30 years.

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South Africa proposed regulations for hydraulic fracturing that would require disclosure of chemicals used and meet standards set by the American Petroleum Institute, a year after lifting a moratorium on the technique.

“Equipment used in hydraulic fracturing operations must be fit for purpose and must meet relevant API standards,” the government said today on the website of its national gazette. “Fluids and their status as hazardous/non-hazardous substances” must be submitted as part of an impact assessment, 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.

Free 20% state stake in South Africa oil and gas projects

*IRISH CITIZENS BEING RIPPED OFF BY SHELL, PLEASE NOTE!

All new oil and gas projects in South Africa will have to cede a 20 per cent free stake to the state under new legislation approved by government… In addition, the state can increase its shareholding in such exploitation projects up to 50 per cent…

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State can increase shareholding up to 50 per cent

Bill Corcoran: Fri, Oct 11, 2013, 01:00

All new oil and gas projects in South Africa will have to cede a 20 per cent free stake to the state under new legislation approved by government, mineral resources minister Susan Shabangu said yesterday.

In addition, the state can increase its shareholding in such exploitation projects up to 50 per cent, although the subsequent 30 per cent must be acquired at market-related prices, news agencies quoted Ms Shabangu as saying at a briefing in Pretoria following a cabinet meeting. 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.

A ‘frack’ in the bridge from coal to gas

With the hype surrounding the US gas-boom, it’s something of a worrying and cautionary note to read in the Financial Times outgoing Shell CEO Peter Voser quoted as saying his “huge bet on US shale was a big regret of his time as chief executive of the company”. This is something of a mea culpa for the fossil fuel heavyweight. Just over 12 months ago Voser was championing the “natural gas revolution”

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By on 9 October 2013

With the hype surrounding the US gas-boom, it’s something of a worrying and cautionary note to read in the Financial Times outgoing Shell CEO Peter Voser quoted as saying his “huge bet on US shale was a big regret of his time as chief executive of the company”.

With a purported $24 billion invested in so-called unconventional oil and gas in North America, the FT reports Shell has recently taken a “$2.1 billion impairment against its assets” with Voser quoted as saying “Unconventionals did not exactly play out as planned”. read more

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Royal Dutch Shell: They’ve Really Got a Friend in Pennsylvania

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So, Royal Dutch Shell decided to create a junket for some of the Ukrainians opposed to fracking to show them just how wonderful fracking is. They were going to bring the Ukrainians to northeastern Pennsylvania, and give them an all-expenses-paid four day tour.

By (about the author)   10 August 2013

Royal Dutch Shell, which owns or leases about 900,000 acres in the Marcellus Shale, had a great idea.

It wanted to frack the Ukraine. But, there was opposition. So, Royal Dutch Shell decided to create a junket for some of the Ukrainians opposed to fracking to show them just how wonderful fracking is.

They were going to bring the Ukrainians to northeastern Pennsylvania, and give them an all-expenses-paid four day tour. The tour was to begin at the end of July. Other shale gas corporations have created press junkets, where they lay out a nice day or two of activities, complete with handouts, trinkets, meals, and lodging. Members of the establishment press often go on these junkets. Some take what they’re told, rework it, and put it into print or on the air. read more

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Trouble in fracking paradise

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By | August 7, 2013, 1:32 AM PDT

The shale revolution is “a little bit overhyped,” Shell CEO Peter Voser said last week as his company announced a $2.1 billion write-down, mostly owing to the poor performance of its fracking adventures in U.S. “liquids-rich shales.” Which of its shale properties have underperformed, Shell didn’t say, but CFO Simon Henry admitted that “the production curve is less positive than we originally expected.”

Shell was a latecomer to the tight oil game. As late as 2010 it was acquiring mineral rights at inflated prices, predicting that those properties would produce 250,000 barrels per day in five years. Three years down the road, they are yielding only 50,000 barrels per day, and the company intends to sell half of its shale gas and tight oil portfolio. Shell has officially abandoned its production target of 4 million barrels per day by 2012-2018. Instead, Voser said, “we are targeting financial performance.” read more

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Fracking By EOG, Shell Caused Damaging Tremors, Suit Says

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Law360, Houston (August 02, 2013, 5:21 PM ET) — EOG Resources Inc. and units of Royal Dutch Shell PLC, Sunoco Inc. and Enterprise Products Partners LP were hit with a proposed class action Tuesday in Texas state court by landowners who say hydraulic fracturing carried out by the energy companies damaged their homes.

ACCESS TO FULL ARTICLE SUBJECT TO SUBSCRIPTION

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China Fracking Quake-Prone Province Shows Zeal for Gas

China won’t let earthquakes hinder its quest for energy.

Companies such as Royal Dutch Shell Plc (RDSA) and China National Petroleum Corp. are starting to drill for gas and oil in shale rock in Sichuan, the nation’s most seismically active province, a process geologists say raises the risk of triggering quakes.

“For the Sichuan basin, earthquakes are a problem for shale gas and shale oil production because of the tectonic conditions,” said Shu Jiang, a professor at the University of Utah’s Energy & Geoscience Institute in Salt Lake City. “The siting of the wells could cause some artificial earthquakes.” read more

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If Centrica is prepared to risk earthquakes in Blackpool, big oil will want a share of shale

Expect to see more big names from the oil industry, such as Shell, ExxonMobil and Statoil, moving into the British shale sector now that one of their competitors – Centrica – has taken the plunge. The international companies have always taken a keen interest in the UK fracking scene…

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Whether the UK can get shale gas flowing as fast as the US has remains in doubt, but Centrica seems ready to give it a try

The Observer,

Expect to see more big names from the oil industry, such as Shell, ExxonMobil and Statoil, moving into the British shale sector now that one of their competitors – Centrica – has taken the plunge. The international companies have always taken a keen interest in the UK fracking scene, despite endless statements from their chief executives that there are better prospects in China and elsewhere.

There is some speculation this weekend that the reason Centrica paid a fairly toppy price for the stake in the Bowland Shale licence from Cuadrilla Resources was because it faced competition from Shell and others. read more

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Anti-fracking flashmob sends message to Yoko Ono at Southbank Centre

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9th June 2013

Singing campaigners call on curator of Meltdown festival to speak out about Shell’s Southbank sponsorship

For interviews, high resolution photos and film footage, call 07743197203, or email [email protected]

On the afternoon of Sunday 9th June, a flashmob of over 30 singers gathered in the foyer of the Queen Elizabeth Hall as audience members arrived for the Shell-sponsored performance by Spira Mirabilis of Richard Strauss’s Metamorphosen. [1] The singers launched into a version of Leonard Cohen’s classic song, Hallelujah, with rewritten lyrics drawing attention to Shell’s controversial human rights and environmental record. They unfurled a banner with Yoko Ono’s quotation ‘Art is a means for survival’ and handed out flyers to audience members. They gave a number of repeat performances around the Southbank which drew applause and support. read more

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Anti-Shell flashmob planned for end of Southbank concert series

Media Advisory: 7 June 2013

Anti-Shell flashmob planned for end of Southbank concert series

On Sunday, a flashmob of singers led by the ‘Shell Out Sounds’ campaign will protest Shell’s sponsorship of the arts at the Queen Elizabeth Hall

– Photo opportunity: 9 June 2013, 2.40pm, choral flashmob with singers and musicians. Large banners directly addressing Shell and Yoko Ono will be used. Queen Elizabeth Hall, Southbank Centre, London.

– For more information, interviews, photos and footage call Chris Garrard on 07743197203 or email [email protected] read more

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Opponents of Oxford’s partnership with Shell

Screen Shot 2013-05-10 at 09.07.55Shell’s research money is also buying legitimacy for its unconscionable activities globally. These include human rights abuses in the Niger delta, reckless drilling plans in the Arctic, fracking in South Africa, and carbon-intensive tar sands extraction that undermines indigenous rights in Canada.

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Thursday 9 May 2013

Today sees the launch of a new partnership between the University of Oxford and Shell. As Oxford alumni, staff and students, we are united in our opposition to this new partnership and the growing trend of oil companies funding, and thus influencing, the research agenda of our universities. Shell is a particularly inappropriate choice of funder for an Earth sciences laboratory. Shell’s core business activities and political lobbying are pushing us towards a future with a global temperature increase well in excess of 2C. Oxford’s own climate scientists are warning us that we need to leave the majority of known fossil fuels in the ground, and yet this new partnership will undertake research that will help Shell to find and extract even more hydrocarbons. read more

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News on Irish oil and gas exploration 5 May 2013

News on Irish oil and gas exploration kindly supplied by a regular contributor

ExxonMobil kicks off Irish drilling campaign: Financial Times-But the US oil major and its partners will be hoping to successfully replicate the …. But the field, acquired by Shell, has attracted a wave of local …

US explorer Kosmos may spend $200m on Irish wells: Irish Independent-Apr 18, 2013 -Ireland’s oil and gas exploration sector got a further boost after New York-based firm Kosmos Energy agreed to fund a potential $200m-plus …

Irish Oil Is Smiling: Country May Slash Imports – CNBC.com: CNBC.com-Apr 20, 2013: Tony O’Reilly, CEO of Providence Resources, says Ireland could become the next big thing in oil and gas and that major explorationprograms … read more

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Selection of Shell related article 26 April 2013

Selection of Shell related article links kindly supplied by a regular contributor

What If Oil Lasts Forever?: National Journal-Apr 25, 2013: Shell Oil Company’s Deer Park refinery and petrochemical facility by Highway 225 in Deer Park, Texas, Nov. 21, 2007. (AP Photo/David J.

Oil Giants Eschew Arctic Drilling: Indian Country Today Media Network-Shell Oil’s drilling unit the Kulluk ran aground, battered by waves, on an island south of Anchorage, Alaska, after breaking free of its moorings.

Fmr. Shell CEO: Keystone will loosen OPEC’s grip: Washington Post-Former Shell Oil President John Hofmeister says the Obama … cars en masse on the road, and says exporting liquefied natural gas might be … read more

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By 2023, a Changed World in Energy

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By 2023, a Changed World in Energy

By : A version of this article appeared in print on April 25, 2013, on page F1 of the New York edition

HOUSTON

IF you could close your eyes for just a moment like Rip Van Winkle, and blink them open in 2023, you might see a very different energy world.

Electric cars may be popular. Solar energy could be cheap enough that millions of households and businesses deploy solar panels to generate their power needs. Fossil fuels will probably still dominate, but most trucks and many trains could run on natural gas rather than more polluting diesel. And the United States could be a major oil exporter.

None of this is implausible. Consider the change over the last 10 years. Back in 2003, American natural gas fields were thought to be drying up and energy entrepreneurs were beginning to invest in hugely expensive terminals to import gas, not export it. American oil production continued to plummet. read more

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‘Flashmob’ choir return to sing out Shell at the Southbank Centre

The group handed out flyers about Shell’s human rights record to audience members, many of whom stopped to listen and applauded at the end of the song. 

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22nd April 2013

Interval halted at Shell Classic International concert, as ‘Shell Out Sounds’ highlight the sponsor’s human rights record

For interviews, photos and film footage, call 07939519963, or email [email protected]

On the evening of Monday 22nd April, a group of about 10 singers and musicians called ‘Shell Out Sounds’ (SOS) returned to the Southbank Centre to give another musical intervention, during the interval of a Shell-sponsored performance by Imogen Cooper and the Budapest Festival Orchestra. [1] The ‘flashmob’ ensemble premiered a new piece called ‘The Riddle of the Niger Delta’, written specifically for the concert, setting the poignant words of the Nigerian environmental and human rights activist, Ken Saro-Wiwa. [2] The group handed out flyers about Shell’s human rights record to audience members, many of whom stopped to listen and applauded at the end of the song. The Southbank Centre duty visitor manager said the performers were welcome to come back and perform whenever they liked, and were invited to discuss the issue of Shell sponsorship with the Southbank Centre PR team. read more

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Fracking triggered magnitude 5.7 earthquake felt 800 miles away

Screen Shot 2013-03-27 at 08.46.47 A new study in the journal Geology is the latest to tie a string of unusual earthquakes, in this case, in central Oklahoma, to the injection of wastewater deep underground. Researchers now say that the magnitude 5.7 earthquake near Prague, Okla., on Nov. 6, 2011, may also be the largest ever linked to wastewater injection. Felt as far off as Milwaukee, more than 800 miles away, the quake—the biggest ever recorded in Oklahoma—destroyed 14 homes, buckled a federal highway and left two people injured. Small earthquakes continue to be recorded in the area. The study appeared today in the journal’s early online edition. The recent boom in U.S. energy production has produced massive amounts of wastewater. The water is used both in hydrofracking, which cracks open rocks to release natural gas, and in coaxing petroleum out of conventional oil wells. In both cases, the brine and chemical-laced water has to be disposed of, often by injecting it back underground elsewhere, where it has the potential to trigger earthquakes. The water linked to the Prague quakes was a byproduct of oil extraction at one set of oil wells, and was pumped into another set of depleted oil wells targeted for waste storage.

Read more (see photograph of the 2011 magnitude 5.7 quake near Prague, Okla., apparently triggered by wastewater injection, that buckled U.S. Highway 62. )

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Selection of links to Shell related articles 12 March 2013

Selection of links to Shell related articles kindly supplied by a regular contributor

Shell issues oil production warning in Nigeria: Las Vegas Sun-Shell said in a statement Tuesday that it was declaring “force majeure” on shipments of Bonny Light crude oil after it shut down its Nembe …

Norway’s Arctic idyll shivers at oil plans: GlobalPost-With oil production falling to a 25-year low this year and the state … “Down the road, it’s probably an important area. … The relative warmth makes Norway an exception for Arctic drilling – Shell has abandoned drilling off Alaska … read more

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Britain is sitting on a £1.5 trillion gas goldmine

Pilot wells caused two earthquakes in Lancashire last year and green campaigners warn the method could contaminate the water supply.

By Tom Mcghie and Nick Craven

Britain is sitting on a £1.5 trillion shale gas bonanza that could be worth more than the remaining North Sea gas.

The amount is bigger than previously thought and would potentially bring energy price stability and independence from imports for decades.

Although only about ten per cent  of the gas is in unpopulated areas suitable for extraction, it would still be worth £150 billion.

The level of untapped shale gas will be confirmed next month in a study by the British Geological Survey, commissioned by the Department  of Energy and Climate Change, according to industry sources. read more

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Shell’s massive investment in China

The country is sitting on huge untapped shale gas reserves, and Shell senses opportunity.

By AlphaVN.com

One of the world’s biggest energy companies, Royal Dutch Shell (RDS.A +0.12%) is planning to invest $1 billion per year in China’s massive shale gas reserves. This natural gas, which has long been considered uneconomical to produce, has in the last decade captured investor attention due to a combination of cost effective modern drilling and extraction methods, such as fracking.

Earlier this year, China’s resource ministry revealed that it had discovered 25.1 trillion cubic meters of untapped shale gas reserves, which could fuel the country’s current natural gas needs for 200 years. The U.S. Energy Information Administration has also confirmed that China has at least 50% more shale gas in its reserves than the U.S. does, officially. read more

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Shell uses recycled water for Dawson Creek fracking

Company funds majority of $12.5-million effluent treatment plant, city gets to use leftover water

By Gordon Hamilton, Vancouver Sun September 7, 2012

Shell Canada and the city of Dawson Creek have teamed up to build an effluent treatment facility at Dawson Creek that eliminates the oil and gas company’s need for Peace River water at its nearby Groundbirch natural gas venture.

The new plant, which was officially opened Friday, will conserve up to 4,000 cubic metres of water a day at Shell’s hydraulic fracturing operations, Dawson Creek mayor Mike Bernier said Friday.

Shell invested more than $11 million in the project while the city provided $1.5 million. The total cost is estimated at $12 to $13 million. The water, said Bernier, is almost as clean as the city’s tap water. read more

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South Africa Allows Exploration of Shale Gas Resources

Energy Minister Dipuo Peters said, “If extraction of the gas can be done safely, let’s go and do it.” Source: South African Government via Bloomberg

By Franz Wild and Andres R. Martinez on September 07, 2012

South Africa, which has the world’s fifth-largest shale-gas resources, lifted a moratorium on the exploration of natural gas trapped in rock, the mines ministry said.

The government imposed a ban last year on hydraulic fracturing, or fracking, while it studied the environmental repercussions of allowing companies including Royal Dutch Shell Plc (RDSA), Falcon Oil & Gas Ltd. (FO) and Bundu Oil & Gas (Pty) Ltd. to employ the practice. Fracking, which involves blasting water mixed with sand and chemicals underground to free trapped hydrocarbons from shale formations, has been banned in France. read more

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Shell’s wells yield $162 million profit

6 August 2012

Oil and gas giant Shell made a profit of $162 million from its fields in Taranaki last year, including the huge but ageing Maui and Kapuni gas fields.

Shell sold its retail petrol stations in New Zealand in 2010, but it maintains its large and profitable oil and gas production fields in Taranaki and is a partner in a joint venture to explore for more in the Great South Basin off the bottom of the South Island.

It is possible partners in the Great South Basin could drill an exploration well in the summer of 2014-15, but they are still analysing data from seismic testing. read more

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Global anti-fracking day rally – Invitation to attend

From: michael wentworth <[email protected]>
Subject: Global anti-fracking day rally – Invitation to attend
Date: 12 July 2012 10:15:59 GMT+01:00
To: [email protected]
Cc: [email protected], [email protected]

Good morning

The 28th of July is Global Ant-Fracking Day and the village of Nieu-Bethesda is hosting a series of events to oppose hydraulic fracturing.

At 5pm there will be a rally which will be addressed by Johnathan Deal (Treasure the Karoo Action Group), Doug Stern (Karoo Farmer & part of a delegation that visited the USA), Derek Light (Karoo Attorney and activist); Kevin Watermeyer (the Sneeuberg Emerging Farmers Association) and Marina Louw (Climate Justice Campaign). 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.

Informative links

VARIETY OF LINKS SUPPLIED BY A REGULAR CONTRIBUTOR

John,

Some more links to a variety of information that may be of interest to your readers:

Shell Fails To Get Its Arctic Oil Spill Barge Certified By The Coast Guard

Shell Oil | ThinkProgress

Who is getting bought off by big oil?

[PDF] DEEP DRILLING, DEEP POCKETS IN CONGRESS

This article is somewhat different.

Renewable advocates battle oil industry over energy … – USA Today

Some links relating to Syria and mid-east oil politics. I was involved in the early development of many of the Syrian oil fields in the mid-1980’s and 1990’s. Some of these articles will give your readers an idea of what Shell has meant to Syria over the last 30 years. Shell’s activities have been critical for the Assad regime. 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.