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Shell pursuing $1B exit from Indonesia LNG project – Reuters

May 3, 2019 9:04 AM ET|About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) is moving to sell its stake in Indonesia’s $15B Abadi liquefied natural gas project, Reuters reports, part of its ongoing asset disposal program to raise cash to help pay for its $54B purchase of BG Group in 2015.

Shell hopes to raise ~$1B from the sale of its 35% stake in the Abadi project, according to the report.

Project construction was due to start in 2018 but was delayed in 2016 until at least 2020 after Indonesian authorities instructed a switch from an offshore to an onshore facility. 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 ship first cargo of LNG from Australia’s Prelude in Q2: CFO

London — Shell expects to ship its first LNG cargo from its Australian floating LNG production facility, Prelude in the second quarter, its CFO Jessica Uhl said Thursday.

Speaking after the release of its Q1 earnings, Uhl said the first LNG would follow the shipment of the first condensate cargo from Prelude last month.

Prelude FLNG is one of the most anticipated LNG projects in recent years due to its deployment as the world’s largest floating facility, though it has experienced delays due to unspecified production issues. 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 Gazprom-led LNG project in Russia

April 10, 2019: 12:58PM

ST PETERSBURG, Russia (Reuters) – Royal Dutch Shell has decided to exit the Baltic liquefied natural gas (LNG) project led by Russian state gas giant Gazprom in the Leningrad region, the chairman of Shell’s Russian unit said on Wednesday.

Shell, which has a long history of energy cooperation with Russia, said earlier on Wednesday it was studying the possible implications of a recent decision by Gazprom to move toward the full integration of its Baltic LNG and gas processing plants. 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

World’s top LNG buyer signs supply deal with Shell-led LNG Canada project

Apr. 9, 2019 10:26 AM ET|About: Chubu Electric Power Compan… (CHUEF)|By: , SA News Editor

Japan’s JERA says it signed an agreement with a Mitsubishi unit to buy as much as 1.2M mt/year of liquefied natural gas from the Royal Dutch Shell-led (RDS.A -0.6%) LNG Canada project.

The heads of agreement is for ~15 years starting from April 2024, says JERA, a joint venture between Tokyo Electric Power (OTCPK:TKECF) and Chubu Electric Power (OTC:CHUEF) and the world’s top buyer of liquefied natural gas.

Buyers from the project so far include trading house Vitol as well as Asian utilities such as Tokyo Gas, Toho Gas and Korea 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 enters into 20-year deal with Rio Grande LNG

The liquefied natural gas arm of oil giant Shell has become the first customer at NextDecade’s proposed $15 billion Rio Grande LNG export terminal at the Port of Brownsville.

NextDecade announced the 20-year sale and purchase agreement at the LNG2019 conference in Shanghai on Monday night.

Under the deal, Shell will buy 2 million metric tons of LNG per year from the proposed Brownsville facility starting in 2023.

“We are honored to have Shell as the first foundation customer of our Rio Grande LNG project,” NextDecade CEO Matt Schatzman said in a statement. “Shell is not only the largest portfolio LNG company in the world, Shell is also a recognized pioneer in the global LNG business.” 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 loads first condensate cargo from Australia’s Prelude FLNG project

Shell has loaded the first condensate cargo from Australia’s Prelude FLNG project, the company said Monday.

“We can confirm that the first shipment of condensate has sailed from the Shell-operated Prelude FLNG facility. This is another step towards steady state operations,” a Shell spokesperson said in an emailed response.

The Shell-controlled Aframax tanker, Advantage Atom, departed from Prelude FLNG on March 20, S&P Global Platts vessel tracking software cFlow showed. read more

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Shell ships first condensate cargo from Prelude off Western Australia

MARCH 25, 2019

MELBOURNE, March 25 (Reuters) – Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia over the weekend.

“We can confirm that the first shipment of condensate has sailed from the Shell-operated Prelude FLNG facility. This is another step towards steady state operations,” a Shell spokeswoman said in emailed comments.

Shell had hoped to start generating cash flow from Prelude in 2018, but has yet to start shipping LNG from the project, which was to have been the world’s first floating LNG facility but was beaten by Malaysia’s Petronas. 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

Russia Could Be World’s Largest Natural Gas Producer – Shell CEO

Shell CEO Ben van Beurden subservient bow to Putin: Good Friday 18 April 2014

Source:sputniknews.com Published: 2019/3/19 18:16:45

Russia could become the largest natural gas producer in the world, Ben van Beurden, the CEO of Shell, wrote in an article for RIA Novosti.

“The world needs more natural gas to meet rising energy demand, to complement renewables and to replace coal in power generation. And the opportunity for Russia is huge. It is already the world’s largest exporter of natural gas and it enjoys the world’s largest commercial gas reserves. It is the second largest producer of natural gas. It could be the largest,” van Beurden said. 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 Decide on LNG Canada 2nd Phase By 2025

March 18, 2019, 10:36:00 AM EDT By Zacks Equity Research,

Royal Dutch Shell plc RDS.A and its partners in the major LNG Canada project intend to decide within 2025 whether to boost its capacity via doubling it, per Reuters. Shell is building the LNG export terminal on the west coast of the country. The facility is located in Kitimat, British Columbia.

The Canadian energy sector, which used to be a booming market, has not witnessed any major milestones over the past few years. Industry downturn, coupled with infrastructure deficiencies and U.S. shale revolution had hit the country hard. With the cancellation of major projects like Northern Gateway, Pacific NorthWest and Energy East, along with uncertainties associated with the existing ones, things had been quite dispiriting for investors in the Canadian oil energy space. The $31-billion LNG Canada project, thus, brought a ray of hope to the country’s energy industry’s plight. 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

LNG Canada expansion to be decided by 2025: CEO

LNG Canada expansion to be decided by 2025: CEO

HOUSTON (Reuters) – Royal Dutch Shell and its partners building a massive liquefied natural gas (LNG) export terminal in Western Canada will decide by 2025 whether to double its capacity, the head of the project said.

The $31 billion LNG Canada project last October became the first major project in five years to be approved, with first exports of the super-chilled fuel planned for 2025.

The second phase of the project will include two new processing lines known as trains that will double the plant’s capacity to 28 million tonnes of LNG per year. read more

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Shell Oman and Oman LNG sign agreement

The agreement was signed by Maarten Wetselaar, Shell’s Director of Integrated Gas and New Energies together with Harib Al Kitani, CEO of Oman LNG in the presence of Ben van Beurden, CEO of Royal Dutch Shell.

March 3, 2019 | 1:55 PM by Times News Service

The agreement will combine Shell’s experience of implementing technology and developing innovative solutions to support Oman LNG’s digitalisation drive to better equip it for the future.

Maarten Wetselaar said, “With energy transition and more demand for digitalisation, we are seeing the evolution of the industry. Innovative technology and data is creating an incredible opportunity in the energy industry, giving us the ability to track trends and make better decisions. We are delighted to collaborate with Oman LNG and explore new ways in which they can improve their asset efficiency and profitability, reduce operation costs, accelerate production and speed.” 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, PetroChina JV Arrow wins leases for big Australian gas project

MELBOURNE (Reuters) – Royal Dutch Shell and PetroChina joint venture Arrow Energy on Thursday was granted leases for a A$10 billion (5.37 billion pounds) project to develop Australia’s biggest coal seam gas resource.

The Queensland government said it had granted 14 leases to Arrow Energy for the Surat project, which holds 5 trillion cubic feet (140 billion cubic metres) of gas. Arrow agreed in December 2017 to a 27-year deal to sell output from Surat to the Queensland Curtis LNG (QCLNG) project run by Shell. read more

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Novatek, Shell see Russian gas keeping edge in Europe over U.S

Dmitry Zhdannikov: FEBRUARY 27, 2019 LONDON (Reuters) – Russian gas giant Novatek and oil major Shell said on Wednesday Russian gas would remain more competitive in Europe than U.S. gas, as Moscow pursues new mega projects that would be insulated from any new U.S. sanctions.

The United States has already imposed numerous sanctions against Russian individuals and companies over Moscow’s interference in Ukraine, alleged meddling in the 2016 U.S. presidential election, and accusations it was behind a nerve agent attack in Britain. Russia denies the allegations.

Washington is mulling new sanctions that could put further strain on Russia’s economy and companies. So far, there have been no sanctions affecting conventional or liquefied natural gas (LNG) production in Russia. 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 Sees Global LNG Trade Spiking This Year

By Tim Daiss – Feb 25, 2019, 3:00 PM CST

More developments are underway that show just how far global liquefied natural gas (LNG) markets have progressed in the last five years. Until recently, the super-cooled fuel was mostly bought and sold via restrictive long-term off-take agreements where the buyer usually signed up for 15 or 20-year deals that helped producers finance massive capex projects.

However, in the last few years, as more supply hit the market, a long-term supply overhang developed that not only put downward pressure on prices but gave buyers more options as well as more leverage in contract negotiations. In addition to more supply flooding the market, a robust spot market for LNG in Asia has been developing which has seen buyers, for example, Tokyo Gas and several others, also become traders. 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 sees continued global LNG growth as coal alternative

Royal Dutch Shell’s new LNG outlook report projects that global liquefied natural gas demand will continue to rise in the years ahead – led by Asian growth – as Shell seeks to solidify its stake as the world’s LNG leader.

With natural gas continuing to replace coal as a cleaner-burning power source from the United States to China, Shell expects annual LNG demand worldwide to surge more than 30 percent  from 292 million metric tons in 2017 to 384 million tons in 2020. Last year, demand grew by 27 million tons, or more than 9 percent,  to 319 million, and this year demand should spike by another 11 percent or 35 million tons, Shell said. read more

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Shell warns more LNG projects needed ahead of supply crunch

Global supply of liquefied natural gas (LNG) will tighten next year despite more being produced, according to the latest forecast from Shell.

Written by

In its 2019 Outlook for LNG, Shell said demand will continue to rise next year, with “supplies to tighten in the mid-2020s”.

Shell warned that more new projects are needed.

Demand for cleaner fuels to improve air quality in Asia saw demand rise by 27million tonnes to 319million in 2018, with demand expected to reach around 384million tonnes in 2020.

Supply is expected to rise by 35million tonnes this year but it will not be enough to offset demand, with the additional supply to be absorbed completely by Asia and Europe. 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

Global LNG trade to rise 11 percent this year: Shell

FEBRUARY 25, 2019 / 6:50 AM

LONDON (Reuters) – Global liquefied natural gas (LNG) trade will rise 11 percent to 354 million tonnes this year as new facilities increase supplies to Europe and Asia, Royal Dutch Shell said in an annual LNG report on Monday.

Shell, the largest buyer and seller of LNG in the world, said trade rose by 27 million tonnes last year, with Chinese demand growth accounting for 16 million tonnes of those volumes.

Shell’s forecasts, which see LNG demand climbing to 384 million tonnes next year, reflect a burgeoning industry with new production facilities opening in Australia, the United States and Russia and more countries becoming importers by constructing receiving terminals. 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, PetroChina spat holds up biggest Australian coal seam gas project

Sonali Paul, Chen Aizhu: February 21 2019

MELBOURNE/SINGAPORE (Reuters) – Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia’s biggest coal seam gas resource, three industry sources said.

PetroChina, the listed arm of China National Petroleum Corp (CNPC), is eager to start developing Arrow’s 5 trillion cubic feet (140 billion cubic meters) of gas in the Surat Basin in Queensland to turn around loss-making Arrow Energy, one of its key overseas assets. 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 first condensate cargo from Australia’s Prelude FLNG project delayed

Singapore — Shell’s first condensate cargo from the Prelude FLNG project in Australia has been delayed further from its original February load date and possibly to March, due to production issues, trade sources said Friday.

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

The first Prelude condensate cargo was originally scheduled to load over January 31-February 2, shipping reports showed at the start of January. Later reports subsequently showed this was delayed to February 12-14, and then to February 24-26. read more

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Shell proposes multi billion dollar LNG project

GAS TODAY

Shell proposes multi billion dollar LNG project

14 February 2019

Shell and its joint venture (JV) partners are officially seeking approval to develop the Crux gas field off the coast of Western Australia.

With JV partners Seven Group and Japan’s Osaka Gas, Shell has submitted a proposal – estimated to be worth more than $2 billion – to the National Offshore Petroleum Safety and Environmental Management Authority to develop the field, located approximately 160 km northeast of the Prelude field in WA’s Browse Basin. 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 aims to increase LNG exports from Egypt -executive

Shell aims to increase LNG exports from Egypt -executive

FEBRUARY 12, 2019

CAIRO, Feb 12 (Reuters) – Royal Dutch Shell aims to increase liquefied natural gas (LNG) exports from Egypt this year as it ramps up production from a West Delta field, the company’s country chairman Gasser Hanter said on Tuesday.

The company shipped 12 LNG cargoes from the Idku plant last year and is “hoping for more” this year, Hanter told reporters in Cairo, adding that the West Delta Deep Marine field Phase 9B project should be completed by the end of this year. 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 fuels world’s first cruise ship powered by LNG

12 February 2019 13:33

Baku, Azerbaijan, Feb.12

By Leman Zeynalova – Trend:

Royal Dutch Shell has fuelled the world’s first cruise ship powered by Liquefied Natural Gas (LNG), Trend reports citing the company’s Twitter page.

Shell is a global group of energy and petrochemical companies with an average of 86,000 employees in more than 70 countries. Its operations are divided into the company’s businesses: Upstream, Integrated Gas and New Energies, Downstream. read more

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Safety strife for Shell’s LNG giant Prelude

The Prelude project will be fired up 475 kilometres north-east of Broome, ready to liquefy natural gas straight from the ocean floor and ship it around the world.

Peter Milne: The West Australian: 

Shell has struggled through a series of safety missteps as it readies its cutting-edge Prelude floating LNG vessel for production.

Shell reported 17 incidents to the offshore safety regulator NOPSEMA between May and October 2018 that the regulator classified as dangerous occurrences.

The reports, obtained by WestBusiness through a freedom of information request, show the challenges facing hundreds of WA workers that have helicoptered about 500km back and forth between Broome and the 488m-long giant since it arrived from South Korea in July 2017.

One difficulty with floating LNG vessels is that an LNG carrier must berth alongside as the two vessels bob about in the sea, unlike floating oil production facilities that offload oil to a tanker a safe distance away through long flexible hoses.

In early May 2018 Shell tried to bring the LNG carrier Gallina alongside.

A tow rope to a tug failed when the 290m-long carrier was just 50m from Prelude and the operation had to be aborted.

That problem was caused by a tow rope that was incorrectly assembled.

Nine days later something as trivial as wrongly shaped plastic thwarted another attempt to load LNG on to Prelude.

It was thought the Gallina was safely secured to the Prelude by 16 mooring lines that ran through guides on the Prelude called fairleads. As the crew prepared to connect the LNG loading arms a mooring line failed and the Gallina was released and pulled away.

Afterwards it was found that all 16 lines had been significantly damaged by rubbing against sharp edges of nylon liners in the fairleads.

This seemingly trifling detail could have caused a “complete mooring failure” with “potential for serious consequences” if it had occurred later while LNG was being transferred.

Two weeks later the Gallina successfully offloaded its LNG and Prelude had gas to power itself and test its processing plant.

However, having gas on board the Prelude increased the risks Shell had to manage.

A flange leaked near the LNG loading arms as super-cold -162C LNG sitting at the bottom of a pipe caused it to contract and bend.

Another type of gas, hydrogen sulphide, was released when construction debris from the Korean shipyard was being removed from a tank and the area was evacuated.

In July a fire damper intended to keep gas from entering the air-conditioning system for the accommodation quarters failed to close when tested but was repaired quickly.

In August, Prelude lost all its power supply when a pump sending water to a gas-fired boiler tripped.

All workers on the Prelude and the attached 750-bed Posh Arcadia floating hotel went to their muster stations as the diesel emergency generators powered up to supply essential services.

But a transformer failed and the system to cover the deck with firefighting foam was left without power and unable to operate.

Other problems included a test of a system to cover the top of LNG tanks with a deluge of water in an emergency that found it delivered only half the planned amount of water as the system used undersized valves.

There was a small fire when dust in an oxygen cylinder valve ignited, leading to a muster of all personnel.

Newly installed insulation on a hot high-pressure steam line was seen smouldering and when the insulation was pulled away it caught fire. The insulation had been secured by combustible tape.

A Shell spokeswoman said the company had a rigorous program on Prelude to identify and manage risk in a controlled way.

“It is not unexpected for issues to arise during this phase of a project and it is standard practice to notify NOPSEMA,” she said. “We are proud of our safety and reporting culture.”

She said Shell encouraged workers to raise safety concerns.

TEETHING PROBLEMS

2017

July: Prelude arrives from Korea

2018

May: Tow line to tug fails, mooring lines fail

June: LNG loaded onto Prelude, gas leak, flood detection not working

July: Hydrogen sulfide leak, flooded machinery room, fire dampers did not close

August: No power to fire-fighting foam

September: Smouldering insulation

October: Small fire

December: 750-bed accommodation vessel for additional workers leaves, wells opened and gas flows to Prelude.

2019

February: Preparing for first export of condensate

SOURCE

RELATED

The links below are to a series of articles, many triggered by a well-placed whistleblower directly involved in the pioneering Royal Dutch Shell Prelude project. Includes articles by Mr Bill Campbell, the retired distinguished HSE Group Auditor of Shell International and another retired Shell guru with a track record of spotting potential pitfalls in major Shell projects. 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 Prelude LNG inches ahead amid talk of technical problems

Shell’s Prelude floating LNG project has taken longer than expected to start up.  Shell Australia

By Angela Macdonald-Smith: 01 Feb 2019

Energy giant Shell has brushed off persistent talk about technical problems dogging the start-up of the huge Prelude floating LNG project off Australia’s far north-west coast but has signalled the first LNG cargo from the closely watched venture may still be several weeks away.

The multinational announced the beginning of production from the offshore Prelude gas field in late December but is still in the process of commissioning the complex LNG processing systems on board what is the world’s largest floating structure. 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

LNG Canada approves $937 million in contracts and subcontracts to First Nations and Canadian businesses

NEWS PROVIDED BY LNG Canada

Jan 21, 2019, 17:35 ET

VANCOUVER, Jan. 21, 2019 /CNW/ – Today, LNG Canada announces the value of contracts and subcontracts approved as of December 2018, following the first three months of the construction phase of the large-scale LNG export project near Kitimat, British Columbia.

LNG Canada has thus far approved over $937 million (CAD) in contracts and subcontracts with First Nations enterprises and other businesses across Canada. This includes $175 million (CAD) to local First Nations businesses and, with the addition of contracts awarded to local Kitimat area businesses, including First Nations businesses, that total increases to $330 million (CAD) and $530 million (CAD) with the addition of BC businesses outside the local area. 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

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

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

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 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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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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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 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

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

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

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

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’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’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 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

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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

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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

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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

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

Free Gas! Alberta Market Looks Forward to Shell Export Project

By Rachel Adams-Heard and Ryan Collins: 1 October 2018, 19:11 BST: Updated on 1 October 2018, 22:42 BST

  • The company said to reach final investment decision on terminal
  • U.S. competition has pummeled Western Canadian gas prices

An export terminal on Canada’s west coast may eventually rescue one of the cheapest markets for natural gas in North America — so cheap that sometimes the fuel price falls below zero.

Royal Dutch Shell Plc and its four partners have agreed to invest in the $31 billion LNG Canada project, according to people familiar with the matter. The decision to build the export terminal provides a much-needed outlet for gas in a region battered by competition from U.S. drillers, which has created bottlenecks so severe that prices can occasionally go negative. 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-Led LNG Project Bucks Trend by Not Waiting for Buyers

By Naureen S Malik and Natalie Obiko Pearson: 1 October 2018, 22:53 BST: Updated on 2 October 2018, 08:32 BST

  • LNG Canada partners said to formally approve investments
  • British Columbia gas-export terminal to cater to Asian markets

The developers of a C$40 billion ($31 billion) project to export Canadian natural gas are taking on a bold strategy: build now and worry about buyers later.

After a decade of planning and negotiations, Royal Dutch Shell Plc and four partners gave their formal approval to build the gas-liquefaction and export terminal in British Columbia, according to a statement late Monday local time. The super-chilled fuel that’s produced will be divided up among the partners, who will each be free to sell it however and to whomever they please, according to Andy Calitz, chief executive of the joint venture, LNG Canada. 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

Putin to meet Shell CEO in Moscow – Kremlin aide

 

By Reuters• last updated: 02/10/2018

MOSCOW (Reuters) – Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in Moscow this week, Kremlin aide Yuri Ushakov told reporters on Tuesday.

Ushakov said Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia’s Pacific coast, where Shell is a minority shareholder, and a plan to build an LNG plant on Russia’s Baltic coast. Shell and Russian gas giant Gazprom last year signed a memorandum of understanding to work together on the plant. 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 Approves Long-Awaited Canadian LNG Project

Decision to go ahead with $14 billion project follows years of delay, and signals growing confidence in global gas markets

By Sarah Kent and Sarah McFarlane: Updated Oct. 2, 2018 9:48 a.m. ET

LONDON—A group led by Royal Dutch Shell RDS.A -0.33% PLC is pressing ahead with a major Canadian liquefied natural gas project after years of delay, the company said Tuesday, raising competition for LNG developments in the U.S. already under pressure from new Chinese tariffs.

The 14-million-ton-a-year project in British Columbia is the biggest LNG development to gain investment approval in years and the first for Canada. By the mid-2020s, it is expected to start sending massive tankers of supercooled natural gas to demand centers in Asia. 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, Partners Announce $31 Billion LNG Canada Investment

By Natalie Obiko Pearson , Stephen Stapczynski , Elffie Chew , and Kelly Gilblom: 2 October 2018, 07:08 BST: Updated on 2 October 2018, 13:51 BST

  • Project will create new route to Asia for North American gas
  • Investment to be Canada’s largest infrastructure project

Royal Dutch Shell Plc and its partners announced an agreement to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest of its kind in years that will carve out the fastest route to Asia for North American gas.

LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. and Korea Gas Corp. — confirmed the expected final investment decision in the C$40 billion ($31 billion) project, according to a statement from Shell on Tuesday. Bloomberg News reported Sunday that the group had approved the investment and an announcement was imminent. 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, partners approve huge $31 billion LNG Canada project

KUALA LUMPUR, Malaysia — Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in Kitimat, B.C. — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas.

LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. and Korea Gas Corp. — is set to announce a final investment decision on the $40 billion project as early as Monday, said people with direct knowledge of the plans, who asked not to be identified because the matter isn’t public. The exact timing still hasn’t been decided. 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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