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Worries for LNG as prices slip amid record North Asia imports: Russell

(Repeats with no changes to text. The opinions expressed here are those of the author, a columnist for Reuters.)

JANUARY 17, 2019

By Clyde Russell

LAUNCESTON, Australia, Jan 17 (Reuters) – The spot price of liquefied natural gas (LNG) in Asia has completely missed its usual winter peak, with much of the blame being laid at the door of milder-than-usual temperatures trimming demand.

That sounds perfectly plausible, but doesn’t quite tally with the fact that delivered volumes into the major consuming region of Northeast Asia hit a record-high in December. read more

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Can Royal Dutch Shell’s Cash Flows Remain Consistent?

A tanker truck enters a Royal Dutch Shell Plc facility in Loving County, Texas, on Monday, Dec. 17, 2018. (Photographer: Angus Mordant/Bloomberg)© 2018 BLOOMBERG FINANCE LP

Royal Dutch Shell (NYSE: RDS.A), saw profits surge in the last quarter, as improvements to capital efficiency has meant the company reported a strong quarter. With oil prices falling into the twenty’s a couple of years ago, Shell decided to re-focus its strategy. Previously it had focused on acquiring assets, and paid little attention to quality. When the oil prices fell, it had to quickly re-strategize to keep profitability up, and the strategy has paid off. Gas and exploration income almost doubled from the previous year, and the upstream segment of the company saw significant increases. Along with the increase in income, profits almost tripled from the previous year . read more

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Dutch citizens demand end to quake-hit Groningen gas production

Angry Dutch citizens on Thursday will ask their country’s highest court to put an immediate end to gas production in the Groningen region due to the risk of life-endangering earthquakes.

17 Jan 2019 

THE HAGUE: Angry Dutch citizens on Thursday will ask their country’s highest court to put an immediate end to gas production in the Groningen region due to the risk of life-endangering earthquakes.

Decades of extraction from what once was Europe’s largest natural gas field have led to dozens of minor tremors every year, damaging thousands of homes and sparking unrest among locals.

An unusually severe, magnitude 3.4 quake prompted the Dutch government last year to decide to end production by 2030 and to lower it as quickly as possible in coming years. read more

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Truce Reached for Now on Canadian Blockade of Shell Pipeline

A truce was reached in a dispute over a natural gas pipeline in western Canada, easing tensions for now as government leaders remain wary of intervening on the side of either the company or indigenous protesters.

Hereditary leaders of the Wet’suwet’en First Nation in British Columbia reached a tentative deal with police late Wednesday to effectively allow work to resume on part of Royal Dutch Shell Plc’s $31 billion gas export project.

Coastal GasLink workers will be able to access a bridge that had been barricaded, so long as a nearby protest camp isn’t dismantled, the Canadian Press reported, citing comments from one of the chiefs. Prime Minister Justin Trudeau also said Wednesday there had been a resolution. “This is how this is supposed to work,” he told a town hall event in the Pacific coast province. read more

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Shell partners with UK battery firm at Bacton

Energy giant Shell has announced today that it will partner with energy storage firm Anesco at the Bacton gas terminal near Norfolk.

Written by

A UK renewable energy company, Anesco will work with Shell on a battery storage project at the site.

Anesco will provide the design, procurement, installation, commissioning and maintenance of the utility scale system.

Anesco executive chairman, Steve Shine siad: “We are delighted to be partnering with Shell New Energies on this exciting new project in the storage sector.

“It marks another significant milestone for us at Anesco. We have fully complied with Shell’s high standards of quality and safety and that is a massive compliment to the Anesco team.” read more

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Dutch court to hear demands next week to end Groningen gas production

Jan. 9, 2019 11:58 AM ETBy: , SA News Editor

The Dutch High Court says it will consider demands on Jan. 17 seeking an immediate end to gas production from the Groningen field, after the government said it would cut output gradually.

The High Court says it received 26 objections to the plan, expressing concerns about seismic risks caused by drilling and demanding an urgent halt in production.

Analysts say the court is unlikely to grant an immediate halt because the Netherlands still depends on Groningen gas for a significant part of its energy supply. read more

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Shell buys out Total’s 26% stake in Hazira LNG and Port

Shell buys out Total’s 26% stake in Hazira LNG and Port

By Rachita Prasad: ET Bureau: Updated: Jan 09, 2019, 03.01 PM IST Royal Dutch Shell has completed the acquisition of Gujarat-based Hazira LNG and Port Ventures from French energy major Total Gaz Electricité Holdings, the company said in a statement on Wednesday. 

Shell Gas, a subsidiary of Royal Dutch Shell plc, acquired 26% equity interest in the Hazira LNG and Port from Total, to complete the acquisition. We did not disclose the financial consideration for the deal.

“The move allows Shell to build an integrated gas value chain: supply from its global LNG portfolio, regasification at the Hazira facility, and downstream customer sales. It further enables Shell to contribute towards India’s long-term need for more and cleaner energy solutions,” Shell said in the statement. read more

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Germany Wobbles on Russian Gas Pipeline as Trump Pressure Starts to Bite

By Patrick Donahue: 7 January 2019, 17:00 GMT Updated on 8 January 2019, 10:10 GMT
  • Merkel coalition lawmakers become more critical of Nord Stream
  • Mood shift may place pressure on government to shift stance

Support in German Chancellor Angela Merkel’s coalition for a major new Russian gas pipeline is slipping as frustration with the Kremlin’s brinkmanship grows and pressure from U.S. President Donald Trump starts to bite.

Nord Stream 2, an $11 billion project that will double the natural gas supply under the Baltic Sea to Germany, faces growing skepticism among German officials who had previously defended it against criticism from Trump and some European Union allies, according to senior lawmakers. The shift could translate into pressure on Merkel’s government to back down on the controversial pipeline and possibly delay its implementation. read more

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Shell: Kitimat LNG, Trouble Ahead?

Fluidsdoc: Jan. 7, 2019 4:31 AM ET

Summary

  • Shell has taken a positive FID on a massive 14 mpta LNG project in Western Canada.
  • Several companies have abandoned this effort due to opposition and low gas prices.
  • We review the scenario ahead of Shell going forward.

Introduction

Shell (RDS.A, RDS.B) has the strongest position in LNG of any Super Major oil company. On the whole, we think this is a perfect direction in which to take a legacy oil company like Shell. The energy mix that runs the world is changing, and strong companies must adapt to stay strong. We’ve have written about this in a number of articles. These are set to free status so you can go into more depth on Shell. For the most part, we think Shell is doing that. read more

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Shell to load first condensate cargo from Prelude FLNG project end Jan

Singapore — Shell will load the first condensate cargo from Australia’s Prelude FLNG project at end January, according to shipping reports and sources Thursday.

The condensate will be loaded in a 80,000 mt clip over January 31 to February 2, shipping reports showed.

A vessel has not been fixed for the cargo, and shipbrokers said Shell began looking for an Aframax tanker to load the cargo Thursday.

Shell did not immediately respond to an email query seeking comment.

The destination of the cargo is unclear, though trade sources have said that the oil major will likely use the cargo within its own network of splitters and refineries. read more

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Shell Argentina invests to increase shale output after selling downstream assets

Dec. 27 (UPI) — Shell Argentina, which two months ago sold a refinery and fuel stations, said Thursday it will move to develop unconventional oil fields in the Vaca Muerta basin, aiming at 70,000 barrels of oil equivalent per day by 2025.

The decision includes developing the Sierras Blancas, Cruz de Lorena and Coiron Amargo southwest blocks, the company told UPI in a statement sent by email on Thursday.

“Vaca Muerta makes up an important part of our global shale portfolio and we see substantial long-term growth potential there,” said Andy Brown, Shell Global Upstream Director. read more

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Shell Doubles Renewables Investment

By Irina Slav – Dec 26, 2018, 10:00 AM CST

Shell plans to increase the annual amount of money it invests in renewable energy to US$4 billion, the supermajor’s head of gas and new energy, Maarten Wetselaar told The Guardian in an interview.

The figure is double the maximum current annual investment Shell has allocated for cleaner energy initiatives but the increase will only materialize if these initial investments prove to make financial sense.

“I would like my current business to be financially credible enough for not only the company, but shareholders, to want to double it and look at more,” Wetselaar told The Guardian. read more

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World’s largest floating LNG platform starts production in Australia

Jessica Jaganathan: December 26, 2018

SINGAPORE (Reuters) – Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade.

Though the project started up later and cost more than originally estimated, it is expected to further cement Australia’s lead as the world’s biggest LNG exporter, after the country took the crown in November. read more

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Shell’s ocean giant Prelude a step closer to full start

Shell’s giant Prelude floating LNG vessel is edging closer to production as the accommodation vessel that housed up to 750 workers over the year moves away to allow the final stages of start-up to occur.

The Posh Arcadia accommodation vessel sailed to a station about 6km north of Prelude on Thursday morning, according to vessel tracking website MarineTraffic.

A Shell spokeswoman said the company continued to prepare Prelude for operations. “We expect to see production around the end of the year,” she said. read more

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Shell says talks over asset swap with Gazprom are suspended: Kommersant

Dec 12, 2018

MOSCOW (Reuters) – Talks about a possible asset swap deal between Royal Dutch Shell and Gazprom have been suspended, Kommersant business daily reported on Wednesday, citing Cederic Cremers, head of Shell’s business in Russia.

The memorandum on the possible asset swap was signed in 2015 and was seen as a coup for Gazprom at a time when many Western companies were reducing their exposure to Russia because of Western sanctions over Moscow’s actions in Ukraine.

Cremers also told the newspaper that the plans for the expansion of Sakhalin-2 plant, which produces 11 million tonnes of liquefied natural gas per year, hinge on the outcome of the talks with the Sakhalin-1 consortium led by Exxon Mobil Corp and Rosneft about gas supplies. read more

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New North Sea Shearwater pipeline announced by Shell

The gas is coming from the Shearwater platform

A new pipeline to help take gas from Shell’s Shearwater platform to the St Fergus plant in Aberdeenshire has been announced.

The 23-mile (37km) link will join Shearwater, 140 miles (225km) east of Aberdeen, with the Fulmar Gas Line.

Shell said the move – part of the creation of a gas infrastructure hub in the central North Sea – would reduce costs.

The hub is expected to produce as much as 400 million cubic feet of gas a day.

Analysis by BBC Scotland business and economy editor Douglas Fraser read more

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Shell to go ahead with Shearwater gas expansion in North Sea

DECEMBER 10, 2018 / 12:28 PM

LONDON (Reuters) – Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the aging basin this year.

The project, a joint venture with Exxon Mobil and BP, will include a modification of the Shearwater platform to allow production and processing of wet gas as well as the construction of a 23 mile (37 kilometre) pipeline from the Fulmar Gas Line (FGL) to Shearwater, Shell said in a statement. read more

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Australia grabs world’s biggest LNG exporter crown from Qatar in Nov

Australia will further cement its top position as the final new project in the pipeline, Royal Dutch Shell’s Prelude, comes online by next year.

Jessica Jaganathan: DECEMBER 10, 2018

SINGAPORE (Reuters) – Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon showed on Monday.

The surge in Australian exports follows the start up of a number of export projects in the country over the past three years, most recently the Ichthys project offshore its northern coast.

In November, Australia loaded 6.5 million tonnes of LNG for exports while Qatar exported over 6.2 million tonnes, the data showed. read more

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Government to encourage oil firms to follow Shell on climate and exec pay

Written by

The UK Government has said it will encourage other oil and gas firms to follow Shell in linking executives’ pay packs to climate targets.

Earlier this week the energy major announced an unprecedented move to link remuneration to reducing its carbon footprint.

Climate groups widely welcomed the action, as Shell aims to make a 20% reduction by 20135 and 50% by 2050.

Starting in 2020, Shell will set the target each year, for the following three or five-year period.

In the House of Lords yesterday, the Bishop of St Albans,  Alan Smith, asked about efforts to encourage more oil and gas firms to follow suit. read more

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Shell says production at Prelude FLNG to start at end-2018

Jessica Jaganathan: DECEMBER 4, 2018

SINGAPORE (Reuters) – Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday.

“We continue to progress Prelude towards operations, with safety and quality being our main focus … We expect to see production around the end of the year,” she told Reuters in an emailed statement.

Prelude – which will process natural gas produced offshore northern Australia and export it as LNG – is expected to have an annual LNG production capacity of 3.6 million tonnes. It will also produce 1.3 million tonnes a year of condensate and 400,000 tonnes a year of liquefied petroleum gas (LPG). read more

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Groningen gas output to drop 75% by 2023, Dutch government says

Dec. 3, 2018 2:45 PM ET|By: , SA News Editor

Gas production at the earthquake-prone Groningen field will drop by at least 75% to below 5B cm/year in the next five years, the Dutch government says, as measures to reduce demand for Groningen gas are working ahead of schedule.

The government decided this year to shut down in 2030 what was once Europe’s largest natural gas field, citing several earthquakes over decades of extraction that damaged thousands of homes and buildings.

Production is set to drop to 19.4B cm in the year that began in October, already down 65% from its peak of 54B cm in 2013. read more

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Shell cuts its losses by selling stake in Corrib gas field

Shell has sold its remaining stake in the Corrib gas field, formally marking its exit after nearly two decades of involvement.

The UK company, one of the largest oil and gas firms in the world, announced yesterday that it had completed a deal to offload a 45 per cent interest in the gas field to a unit of the Canada Pension Plan Investment Board.

The deal, which was agreed in July last year, will include a cash payment of $958 million (€846 million), interest of $54 million and additional payments of $285 million, subject to gas prices and production from Corrib. The transaction could therefore be worth $1.3 billion (€1.1 billion). 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

Royal Dutch Shell completes Corrib share sale

Western Correspondent

The oil company Royal Dutch Shell has completed the sale of its shares in the Corrib gas field off the north Mayo coast.

The deal means Shell no longer has any involvement in the operation of the project.

Last year, the Canada Pension Plan Investment Board (CPPIB) agreed a deal to purchase all Shell interests on the Corrib venture, for €1.08 billion.

Gas was first detected off the north west coast in the late 1990s but the project to bring it ashore was mired in controversy and subject to several challenges. read more

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How to Safely Store Your Fuel At Home

How to Safely Store Your Fuel At Home

Fuel is best stored at the service station or inside your car tank. However, there are times when you find yourself needing extra fuel to keep for different reasons. If your car run out of fuel away from the gas station, it means you have to fetch the fuel with a container and take it wherever you left your car, sometimes storing the fuel for the night in your home before proceeding to where you left the car. If you own a generator, you will need to store extra fuel at all times in case the generator runs out of fuel. If you rarely use your generator, you may be forced to drain the fuel inside the tank and store it somewhere as keeping the fuel inside the generator tank may cause severe destruction to the internal parts. If you find yourself in any of these situations or any other that may force you to keep fuel at home, you must always remember the following safety precautions on how to store your fuel. 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 starts pumping Clipper South field gas

Friday, Nov 23, 2018

Shell has started to supply natural gas from the Ineos and Spirit Energy-owned Clipper South field into the UK gas network via Shell’s Clipper hub in the southern North Sea.

Under a new commercial agreement with Ineos and Spirit Energy, Shell is remotely operating the Clipper South field and transporting the gas through the Clipper hub for processing at Shell’s Bacton terminal in Norfolk. The gas is then fed into the UK National Grid.

The unmanned Clipper South platform had relied upon the Lincolnshire Offshore Gas Gathering System (LOGGS) and Theddlethorpe gas terminal to transport its gas to shore. The new Clipper hub to Bacton route will help ensure its continued operation after the planned decommissioning of those assets. read more

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Bacton gas terminal: £300m spent on upgrading plant

22 November 2018

The energy giant Shell is to increase the amount of gas processed at a Norfolk terminal by 16% – securing its future for “decades to come”.

The firm has spent £300m updating the plant at Bacton to allow 400 million cubic feet (11,300 litres) of gas to be processed.

“This means we can use the facilities more and reduce operating costs,” Anne O’Halloran, from Shell, said.

This firm is also drilling more wells in the Southern North Sea gas field. read more

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East Timor to buy Shell’s stake in Greater Sunrise gas fields for $300 million

NOVEMBER 21, 2018 / 10:20 AM

MELBOURNE (Reuters) – East Timor has agreed to buy Royal Dutch Shell’s stake in the Greater Sunrise natural gas fields off the northern coast of Australia for $300 million, the government and Shell Australia said on Wednesday.

The agreement for Shell’s 26.56 percent stake in the project will allow the tiny nation to push for development of the field. The site, which was discovered in 1974, straddles the maritime border between Australia and East Timor and disputes between the two countries over the border has delayed development. 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

Dutch government to cut Groningen gas production, eventually to zero

By: , SA News Editor

  • The Dutch government says it expects gas production from Groningen, Europe’s largest onshore field, will fall to 7.5B cm/year by 2022 and drop to zero in the following years.
  • The government also gave its final approval to limit output from Groningen to 19.4B cm/year for the gas year 2018-19, compared to 21.6B cm/year previously.
  • Groningen production is limited due to activity at the site linked to earthquakes in the region, with the government under pressure to enforce further restrictions.
  • Gas company NAM, which runs the Groningen field, is a joint venture of Royal Dutch Shell (RDS.A, RDS.B) and Exxon Mobil (NYSE:XOM).
  • 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 and Anadarko in dispute over Mozambique gas

    , Africa Editor, in Maputo: 13 November 2018

    Royal Dutch Shell has accused Anadarko Petroleum of holding it and the Mozambican government to hostage by refusing to supply enough domestic gas in the first phase of a giant liquefied natural gas project. 

    As part of efforts to develop the local economy, Shell plans to build a 38,000-barrel-a-day gas-to-liquid plant that will produce kerosene, diesel and naphtha. But Moon Hussain, director of the project, said Anadarko was obstructing its plans by refusing to supply gas until the second phase of the LNG project, which is not expected to start until 2031.  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

    Saudi Aramco ‘on way to becoming gas powerhouse’

    Aramco this year signed a memorandum of understanding with Royal Dutch Shell to jointly pursue global gas business opportunities…

    LONDON: Saudi Aramco has outlined to Arab News how it plans to massively ramp up its multibillion-dollar natural gas business, both in the Kingdom and overseas, as gas gradually replaces coal and oil in global power generation.

    Gas is viewed as a cleaner energy source than coal or oil in power stations, and there is soaring demand in Asia.

    “Gas is already a large global business and is expected to be among the fastest-growing fuels (60 percent growth) over the next quarter-century. And LNG (liquefied natural gas) is expected to make up almost half of global gas trade over the same period,” Aramco said in a statement. 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

    This Big Oil Company Has More Cash Than It Knows What to Do With

    November 04, 2018, 07:19:00 AM EDT By Tyler Crowe,

    This past quarter,  Royal Dutch Shell ‘s (NYSE: RDS-A) (NYSE: RDS-B) results showed the company can fund just about anything it wants right now. A large capital expenditure program? Yup. Pay down some debt? Sure! Fund its dividend? Of course! How about a $2 billion share repurchase program on top of all of that? Why not! The reason it is able to do this is that the company is generating an almost unfathomable amount of cash right now. Shell’s management said this was the most cash it has pulled in since the second quarter of 2008 when oil prices were in the $110-to-$120-per-barrel range. 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 Canada sees cost advantage in LNG Canada expansion

    Julie Gordon, Rod Nickel: NOVEMBER 1, 2018

    CALGARY, Alberta (Reuters) – An expansion of LNG Canada has a cost advantage over its rivals in the race to build more liquefied natural gas export capacity, but a go-ahead decision on phase two is likely still a few years away, Shell Canada’s president said on Thursday.

    The first phase of the C$41 billion ($31.3 billion) Royal Dutch Shell (RDSa.AS)-led project was given the go-ahead last month, firing up a race among companies eager to be the next to tap into booming Asian demand for the gas that is supercooled into liquid form for export by tanker. 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 churns out cash like oil’s above $100 again

    Oil is trading well below its price of a decade ago, but you’d have no idea looking at Royal Dutch Shell Plc’s giant pile of cash.

    The Anglo-Dutch oil major generated the most cash from operations in 10 years last quarter — almost $15 billion. The last time Shell pumped out that much money was the year crude soared to $140 a barrel, compared with about $75 today.

    As a result, the company is showing greater confidence. It increased the pace of a $25 billion buyback program, rewarding shareholders who stuck with it through crude’s collapse. The cash surge is a feather in the cap of Chief Executive Officer Ben van Beurden, who splashed more than $50 billion on buying BG Group Plc in 2016 during the depths of the downturn. 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 hit for further €89m loss as it awaits completion of Corrib gas field sale

    A billion-euro acquisition deal struck last year by a giant Canadian pension fund for Shell’s holds in the Corrib gas field still has not been fully completed. (stock picture)

    Fearghal O’Connor: 

    Pre-tax losses at Shell’s Corrib gas field operation fell substantially last year, from €187m to €89m, according to newly-filed financial results.

    A massive billion-euro acquisition deal struck last year by a giant Canadian pension fund for Shell’s 45pc holding in the controversial gas field off the Mayo coast still has not been fully completed. 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’s up next, and last, in $200 billion Australia LNG bonanza

    And then there was one.

    Australia’s nine-year, $200 billion boom in liquefied natural gas still has a final debut in the works: Royal Dutch Shell Plc’s Prelude, floating 200 kilometers (124 miles) off its northwest coast. It’s the last project in that investment cycle to start production after Japan’s Inpex Corp. shipped its maiden cargo from Ichthys LNG on Monday.

    Shell’s Prelude is among seven export projects in gas-rich Australia sanctioned since 2009 by global energy giants including Chevron Corp. and Exxon Mobil Corp., as well as regional big hitters such as Australia’s Woodside Petroleum Ltd. and Malaysia’s Petroleum Nasional Bhd. The Pacific nation now rivals Qatar as the world’s biggest seller of LNG, a form of natural gas super-chilled into a liquid that can be shipped on tankers. 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 to set up 10,000 new gas stations

    A Shell employee refuels a vehicle at a gas station in Chengdu, capital of Sichuan province. [Photo by Mo Xiao / For China Daily]

    By Zheng Xin | China Daily | Updated: 2018-10-23

    Global energy giant Royal Dutch Shell PLC plans to set up 10,000 new gas stations worldwide by 2025, with 5,000 in the five high-growth markets of China, India, Indonesia, Mexico and Russia.

    The company is also looking to introduce more electric vehicle charging stations, and increase sales of fluid process oils and grease to support electric-powered trains and vehicles in China.

    The move comes after its first electric-vehicle charging station entered service in Tianjin in September. 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 Picks a Digital Platform to Build Its AI Future Upon

    Trent Jacobs, JPT Digital Editor | Alisa Choong, the chief information officer at Shell, recently told several hundred oil and gas professionals that, “Digitization is about making the right choices.”

    Speaking on a panel at SPE’s Annual Technology Conference and Exhibition in Dallas last month, Choong shared that Shell has made one of those choices by signing a 3-year deal to use the enterprise-wide analytics platform developed by Silicon Valley-based C3 IOT on Microsoft’s Azure cloud service.

    The development comes on the heels of BP’s September announcement that is expanding the use of a competing analytics platform. Taken together, these cases reveal how large operating companies plan to manage and put into action their growing arsenals of machine learning and artificial intelligence (AI) programs. 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’s $31 Billion Gamble On Canadian LNG

    Callum Turcan: October 17, 2018

    Summary

    • Going over Royal Dutch Shell’s LNG Canada endeavor.
    • The pros and the cons.
    • Why this is ultimately a good idea.

    Royal Dutch Shell plc (NYSE:RDS.A) (NYSE:RDS.B) is making another big bet on liquefied natural gas, this time in Canada. On October 1, 2018, Royal Dutch Shell plc and its partners announced a positive investment decision on the ~US$31 billion (~40 billion Canadian dollars) Canada LNG venture. The goal is to bring an LNG export facility online in Kitimat, British Columbia, to take advantage of both its existing infrastructure (deep-water ports, roads, electricity grids) and its easy access to Asian markets. While I am a shareholder of Royal Dutch Shell, that doesn’t mean I want to be a cheerleader for every decision the company makes. Here is what I view as a very reasonable assessment of LNG Canada, highlighting both the pros and cons of this endeavor. Let’s dig in. 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 Exits Denmark’s Offshore Oil and Gas Sector

    BY MAREX 2018-10-17 19:01:00

    Following Chevron’s lead, Shell has decided to sell its interests in the Danish North Sea offshore sector. In an announcement on Wednesday, the Dutch oil major said that it will sell its shares in its Danish upstream sector division, Shell Olieog Gasudvinding Danmark, to the Norwegian Energy Company (Noreco). Noreco will pay $1.9 billion and assume Shell’s obligations in the Danish North Sea, including its share of the decommissioning and redevelopment costs for the overhaul of the Tyra platform. 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 comments on deepwater vs. shale

    Oct. 18, 2018 3:46 AM ETBy: , SA News Editor

  • Growing oil and gas production from shale fields will act as a “good balance” for deepwater projects, the new head of Royal Dutch Shell’s (RDS.A, RDS.B) U.S. business, Gretchen Watkins, said in her first interview since joining the Anglo-Dutch major in May.
  • “It’s a natural hedge in the portfolio,” she added.
  • Investments into shale, or short-cycle projects, have risen as energy companies have been under pressure to rein in costs, pay down debt and boost returns amid a global shift towards forms of cleaner energy.
  • 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 Australia, QGC to drill 250 gas wells in Queensland

    By Rick Wilkinson: OGJ Correspondent: 2018

    A group led by Royal Dutch Shell PLC that includes Queensland Gas Co. (QGC) plans to drill 250 coal seam gas wells during 2019-20 as part of its program in the Western Downs region of Queensland.

    The wells will be connected to the existing QGC gas processing plants and produce about 930 petajoules of gas over the next 30 years.

    The program has been called Project Goog-a-binge, a name gifted by the Iman traditional owners of the region. Goog-a-binge is the Iman word for scrub turkey, which is an important totem for this Aboriginal group. 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 gas project in Canada gets greener amid LNG climate worry

    Julie Gordon: OCTOBER 16, 2018 / 8:24 PM

    Wouter de Klein, Manager of Groundbirch Operations, gives a safety briefing at Shell Canada’s Saturn gas plant at the Groundbirch project in Groundbirch, British Columbia, Canada, October 11, 2018. REUTERS/Julie Gordon

    GROUNDBIRCH, British Columbia (Reuters) – At a massive natural gas field in northern British Columbia, Royal Dutch Shell Plc is using new technologies and processes to cut emissions to address public and environmental group concerns that Canada’s nascent liquefied natural gas export industry could be a climate time bomb.

    The Groundbirch project, perched above Canada’s richest shale gas deposit some 1,110 kilometers (684 miles) northeast of Vancouver, includes four gas plants and 500 wells dotted over an area the size of New York City. 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

    Gazprom and Shell discuss next steps in Baltic LNG project

    Published by , Editorial Assistant
    LNG Industry,

    A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, was recently held in St. Petersburg.

    The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED). 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’s greener future is a matter of survival

    The Anglo-Dutch energy giant may “turbo-charge” its drive into renewable power and electric vehicles within five years

    Jillian Ambrose, energy editor: 13 OCTOBER 2018 • 5:30PM

    ‘We’re not an oil company,” says Ben van Beurden from across the table. It is an affable, but pointed intervention typical of the man leading the FTSE 100’s highest-valued business.

    “I don’t want to be facetious or pedantic,” he continues good-naturedly. “But we are a much broader and more sophisticated company than one that produces oil. We produce much more gas than we do oil, for a start.”

    For the boss of Royal Dutch Shell, the distinction is one that rings at the heart of a personal mission to transform a company which for over a hundred years has fuelled the development of the modern world. 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 Makes a Comeback in the North Sea With New Gas Field Investment

    Posted by Jui Kate: 12-Oct-2018

    The British-Dutch oil company Royal Dutch Shell has reportedly announced its plans to invest in the North Sea to construct a gas field 149 miles east of Aberdeen. As per trusted sources, the energy giant is making a slew of new investments in the basin after selling off about EUR 2.4 billion worth of North Sea fields and assets in early 2017.

    Reportedly, Shell decided to invest in the Arran field following investments in revamping the Fram field in the Central North Sea, the Penguins field in the northern North Sea, and the Alligin field West of Shetland. According to a press release by Shell, the Arran field is likely to produce nearly 100 million cubic feet of gas and 4,000 barrels of condensate each day which is equivalent to 21,000 barrels of oil. 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

    CEO: Oil, Gas Is Shell’s Core Business For The Foreseeable Future

    By Tsvetana Paraskova – Oct 09, 2018, 6:00 PM CDT

    Royal Dutch Shell is not ‘going soft’ on oil and gas, despite recent investments in cleaner energy and energy solutions—Shell’s core business is and will continue to be oil and gas for the foreseeable future, the supermajor’s chief executive Ben van Beurden said on Tuesday.

    Speaking at the Oil and Money conference in London, van Beurden pointed to recent headlines about Shell’s investments in hydrogen, moves into electric vehicles (EVs) charging infrastructure, or an acquisition into the UK power sector, adding this note of caution: “But even headlines that are true can be misleading. They might even make people think we have gone soft on the future of oil and gas. If they did think that, they would be wrong.” 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 not ‘going soft’ on fossil fuel future, says boss

    9 OCTOBER 2018 • 3:35PM

    Royal Dutch Shell may be spending billions of dollars on renewable energy and electric cars, but the oil major is not straying far from its fossil fuel roots just yet.

    The energy giant’s chief executive Ben Van Beurden has warned the industry not to be swayed by the flurry of headlines marking Shell’s steps towards cleaner energy.

    “Even headlines that are true can be misleading,” he told delegates at a London conference.

    “They might even make people think we have gone soft on the future of oil and gas. If they did think that, they would be wrong,” he said.

    Speaking one day after the UN’s landmark climate report warned that more must be done to reduce greenhouse gas emissions, Mr Van Beurden said Shell still “means business” on oil and gas. 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 CEO: Support a price on carbon — but not at any cost

    Jennifer Luxton / The Seattle Times: 

    Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden

     Special to The Times

    Can an oil and gas company favor a price on carbon emissions while not endorsing every attempt to achieve one? Yes — but Initiative 1631 has some serious flaws.

    It may seem counterintuitive for an oil and gas company to favor a scheme that would potentially make doing business more expensive. But Shell’s longstanding support for a government-led carbon price is based on our belief that a well-crafted policy would benefit all of us — society and industry. 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

    Oil CEOs Jostle for Global Natgas Crown Under Putin’s Gaze

    Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden

    By Elena Mazneva , Dina Khrennikova , and Jack Farchy

    4 October 2018, 00:01 BST

    • Pouyanne responds to Shell investment in Canadian LNG project
    • Russia is now largest source of Total’s oil and gas output

    Two oil company bosses shared a stage with one of the most powerful men in the market, and all they wanted to do was brag about natural gas.

    Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden hailed his $31 billion liquefied natural gas venture in Canada, the biggest new project since 2013. Very nice, but not as competitive as low-cost Russian supplies, said Total SA boss Patrick Pouyanne. 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

    Is This The Biggest LNG Deal Of The Decade?

    By Tim Daiss – Oct 03, 2018, 2:00 PM CDT

    After years of indecision, governmental red tape, aboriginal resistance, environmental push-back and other problems, it appears that Canada may finally be on the path to having its first major liquefied natural gas (LNG) export project.

    On Tuesday, the Royal Dutch Shell-led C$40 bn (US$32 bn) LNG Canada project announced that its project partners had reached a final investment decision (FID). It’s the first major LNG project to receive a FID in several years after numerous projects worldwide were either canceled or postponed during the plunge in global oil and gas prices from 2014 to 2017. The project was approved by all its stakeholders – Shell, Malaysian state-owned oil major Petronas, PetroChina, Korea Gas Corp (KOGAS) and Japan’s Mitsubishi Corp. 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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