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Shell loads first LSFO cargo from Singapore refinery ahead of IMO

By Jessica Jaganathan: SEPT 19, 2019

SINGAPORE, Sept 19 (Reuters) – Royal Dutch Shell has loaded the first cargo of low-sulphur fuel oil (LSFO) from its Pulau Bukom refining site in Singapore, it said on Thursday.

Demand for stable low-sulphur marine fuel supplies is rising as the shipping sector prepares for the International Maritime Organization’s (IMO) lowering of the cap on sulphur in marine fuels to 0.5% from 3.5% beginning in January 2020.

This is the first time Shell has made LSFO from its own upstream crude, the company said in a statement. read more

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Saudi Aramco completes £500m deal for Shell stake in refining joint venture

Oil giant Shell has announced that Saudi Aramco has bought up its 50% interest in the Shell Saudi Arabia (Refining) Limited’s (SASREF) joint venture in Jubail Industrial City.

The deal has been agreed for more than £500 million.

Shell said the completion of the deal is contingent on “receipt of all necessary regulatory consents”.

The acquisition is understood to support Saudi Aramco’s longer term plan to increase the “complexity and capacity” of its refineries, as part of its downstream growth strategy. 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

Qatar Petroleum and Shell in LNG marine fuel venture

Qatar Petroleum and Shell in LNG marine fuel venture

Reuters: 18 Sept 2019

DUBAI, Sept 18 (Reuters) – Qatar Petroleum and Shell agreed on Wednesday to establish a partnership to accelerate the development of liquified natural gas (LNG) fuelling infrastructure around the world.

“The joint venture between the two companies will invest in LNG marine fuelling, bunkering vessels and other infrastructure in key locations to meet the needs of marine customers and help to reduce emissions of the global shipping industry,” a Shell statement 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

Investors turn heat on Big Oil ahead of U.N. climate summit

Simon Jessop, Matthew Green: SEPTEMBER 18, 2019 / 12:05 AM

LONDON (Reuters) – Investors managing $15 trillion in assets turned up the heat on oil and gas sector on Wednesday ahead of a United Nations summit in New York aimed at accelerating efforts to fight climate change.

Energy companies are on the front line of the global transition to a low-carbon economy, with investors potentially on the hook for hefty losses if the companies do not overhaul their business models in time.

In its most detailed analysis of the energy sector, the Transition Pathway Initiative (TPI) said 31 out of 109 energy firms were aligned with commitments governments have so far made under the 2015 Paris Agreement to curb greenhouse gas emissions. 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

It Is Time To Place Energy At The Heart Of The U.S.-Europe Security Relationship

While it is unclear whether sanctions would stop the project, they would certainly alienate major European energy companies, including Royal Dutch Shell…

By Ike Brannon and Eric Miller

A central plank of President Trump’s foreign policy toward Europe has been a demand for greater “burden-sharing” in the costs of defending the continent. Since the founding of the North Atlantic Treaty Organization (NATO) in 1949, the United States has paid the lion’s share of the bill for the Alliance. In 2006, NATO Defense Ministers formally agreed that each of its 29 members would spend a minimum of 2% of their GDP on defense. Yet, according to a March 2019 NATO report, only 7 of the 29 members have reached the 2% goal. 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 and gas majors sign deal to implement blockchain in Bakken oilfield

Liz Hampton: SEPTEMBER 10, 2019

Sept 10 (Reuters) – A group of oil and gas companies has agreed to begin testing blockchain, a technology at the heart of digital currencies, in a bid to lower administrative costs in their field operations while also reducing payment disputes and chances for fraud.

The OOC Oil & Gas Blockchain Consortium, whose members include Chevron Corp, ConocoPhillips, Exxon Mobil Corp, Equinor and Royal Dutch Shell , among others, has awarded a contract to Data Gumbo to pilot the technology for water handling services in the Bakken shale field in North Dakota. 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 ‘absolutely’ looking at big Scottish North Sea offshore wind projects

Shell ‘absolutely’ looking at big Scottish North Sea offshore wind projects

Ms Coleman was representing Shell at Offshore Europe in Aberdeen yesterday to outline her firm’s plans to move to lower carbon and renewable energy in the UK.

She spoke about Shell’s work in developing carbon capture and storage in Peterhead, alongside its plans for hydrogen and electric vehicles.

But she added that her firms “focus” is offshore wind deployment in the UK.

Asked about the Scottish North Sea, Ms Coleman said: “We’ll need to look at what acreage the Crown Estate Scotland puts out to bid and decide which blocks we want to bid on. 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

Courting millennials, Shell, Phillips 66 turn to social media influencers

When car enthusiast John Hennessey started a YouTube channel more than a decade ago, he just wanted his Sealy auto modification shop to keep up with the times.

Fast forward 12 years and Hennessey’s social media presence has exploded to 340,000 YouTube subscribers and 1 million Instagram followers watching his mechanics modify high-end cars and trucks to go ridiculously fast. Hennessey, who describes himself as the“Chief Horsepower Evangelist” at his company, rubs elbows with famous Indy 500 and NASCAR drivers at automotive industry events. 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

Sinochem unit discussing blockchain platform with Shell, Macquarie -sources

Chen Aizhu: Sept 5, 2019

SINGAPORE, Sept 5 (Reuters) – Sinochem Energy Technology Co Ltd, a subsidiary of state oil and chemicals firm Sinochem Group, is in talks with Royal Dutch Shell and Macquarie Group to build an energy blockchain platform, three Beijing-based industry sources said.

Shell and Macquarie entered a memorandum of understanding in July to explore building a blockchain platform for crude oil, one of the Sinochem unit’s incubator projects with growth potential, said one of the sources who has direct knowledge of the matter. 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

Remembering HON, DR BARINEM NUBARI KIOBEL’S BIRTHDAY: 23rd September

Remembering HON, DR BARINEM NUBARI KIOBEL’S BIRTHDAY: 23rd September

Happy Birthday HON, Dr. Barinem Nubari Kiobel. Though you are not physically with us, your spirit lives on and your memory remains fresh in our hearts. Your legacy will live forever. You shall always be remembered. We love you but Jesus Loves You more. May your precious soul continue to rest in peace. Remain in the bosom of the LORD Almighty God until we meet to part no more. Happy posthumous birthday. We Love you.

See more information below about the career of Dr. Kiobel and a loving memorial salute by his widow. 

Esther Kiobel (above) the widow of DR Kiobel is currently suing Royal Dutch Shell in the Dutch courts for alleged complicity in his murder.  A panel of three Dutch judges has given approval for the case to proceed. Esther is the lead plaintiff in the action brought collectively by three Ogoni 9 widows whose husbands were all hanged by the Nigerian military regime allegedly in collaboration with Shell. 

Remembering (Hon) Dr. Barinem Nubari Kiobel

PH.D MCOM, MBA, BBA, DIPM DIPMGT-ABE MCIM MINSTT

Dr. Barinem Nubari Kiobel was born in Kpor Town, Gokana local Gov’t area of River State, Ogoni in Niger Delta into the family of Madam Vurage Kile Diiyor (mother) and chief Francis Kiobel Barika (father) on September 23rd, 1959. 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 delays U.S. Lake Charles LNG export project to 2025

Sept 4, 2019

LONDON, Sept 4 (Reuters) – Royal Dutch Shell, one of the world’s largest liquefied natural gas (LNG) suppliers, has asked U.S. regulators to extend the time by which it should complete an LNG export project in Louisiana by five years to 2025, regulatory filings showed.

The project, a 50-50 venture with U.S. midstream company Energy Transfer, envisaged converting an existing import and regasification facility in Lake Charles into a multi-train, 16.45 million tonnes per year (mtpa) 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, Energy Transfer seek extension on Louisiana LNG project

Shell, Energy Transfer seek extension on Louisiana LNG project

|About: Royal Dutch Shell plc (RDS.A)| By , SA News Editor

*Royal Dutch Shell (RDS.A, RDS.B) asks U.S. regulators to extend the time required to complete the Lake Charles liquefied natural gas export project in Louisiana by five years to 2025.

*Shell says the delay is due to its takeover of the project after its 2016 acquisition of BG Group caused it to re-evaluate and strike new agreements, according to a letter dated last Friday to the Federal Energy Regulatory Commission.

*The project, a 50-50 venture Energy Transfer (NYSE:ET), would convert an existing import and regasification facility in Lake Charles into a multi-train, 16.45M mt/year 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

North Sea gains must be sustained, Shell official warns

North Sea gains must be sustained, Shell official warns

Sep 3rd, 2019

Offshore staff

ABERDEEN, UK – Excessive complexity held back the North Sea industry for many years, said Shell Upstream Director Wael Sawan during the plenary session at SPE Offshore Europe 2019.

The sector had made progress since the oil price fall in 2014, he acknowledged, helped by improved co-operation with governments in the region. “But we need to continue to innovate if we are to achieve the Oil & Gas Authority’s 2035 vision for the UK.”

Shell has played its part by driving down the costs of its North Sea operations by 45% over the past five years, he said, “and that has fundamentally changed the attractiveness of the investment.” read more

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Shell aims to expand retail oil, LNG footprint in India

S&P Global Platts: India CEO Series: Shell aims to expand retail oil, LNG footprint in India

HIGHLIGHTS

Doubles presence in retail oil segment in two years

Hazira LNG deal to help create integrated value chain

Investing in biofuels, solar in new energy push

New Delhi — Shell is pushing ahead with its ambitions to grow its retail oil network in India where growth prospects look promising, while working towards expanding its footprint in the fast-growing LNG market, country chairman Nitin Prasad told S&P Global Platts in an interview.

The country’s growing energy needs has given Shell a huge opportunity to grow its presence not only in the conventional energy space, but has also opened up a window of opportunity to explore new energy initiatives, he added. 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 Leads Big Oil in the Race to Invest in Clean Energy

By Timothy Abington and Kelly Gilblom: 4 September 2019, 07:00 BST: Updated on 4 September 2019, 11:11 BST

*European majors close many more deals than their U.S. rivals

*Digital and efficiency technologies become popular targets

Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European companies that are well ahead of their U.S. rivals.

The data compiled by BloombergNEF underscore the quickening pace of the transition to low-carbon energy among the world’s largest fossil fuel producers, and the scale of the trans-Atlantic divide. European majors closed seven times as many deals with renewable-electricity and storage companies as their U.S. counterparts since 2010. 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

A Shell plant coerced workers into attending a Trump rally

By Gideon Cohn-Postar: September 2 at 10:05 AM

Shortly before President Trump visited the Royal Dutch Shell plant in Pennsylvania on Aug. 13, thousands of workers received a memo from Shell about the company’s expectations of the event. The memo informed them that their attendance at the speech was “not mandatory,” but that if they did not scan in to work that morning, they would not receive their pay for the day. They also would lose eligibility to receive the 16 hours of overtime pay built into their workweek.

Although some workers chose not to attend, Trump spoke before a warehouse packed with Shell employees. At one point, the president turned to the union leaders and demanded that they support his reelection campaign. Trump told the workers that if the leaders refused to back him, they should “vote them the hell out of office because they’re not doing their job.” 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

Tesla-based ride service newest perk for Shell employees in Houston

From left, Shell workers Adam Harrison, Dakota Stormer and Natasha Qamar take a demo ride in an ElecTrip vehicle.Photo: Juan Figueroa, Houston Chronicle / Staff photographer

Royal Dutch Shell makes its money selling oil, gasoline and other petroleum products. But when it comes to its employees traveling between Houston and other major Texas cities, how does one of the world’s largest oil companies transport them?

Electric cars.

Earlier this week, Shell approved $40,000 in vouchers for employees to use ElecTrip, a Tesla-based ride-sharing service headquartered in Houston. The vouchers will pay for about 400 zero-emission rides to meetings in Austin, Dallas San Antonio and other Texas cities. 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 India invests in $7.7 million in biomass firm

Shell India invests in $7.7 million in biomass firm

AUG 30, 2019

Shell India has made a $7.7 million (€6.9 million) investment in a local biomass firm. Punjab Renewable Energy, backed by Neev Fund and responsibility, will use the fresh investment to expand its business in the bioenergy sector.

The company was established in 2011 and is involved in the collection, processing, storage and supply of biomass including paddy straw, cotton stalk, soya husk, maize cob and mustard stalk, which it provides to clients for energy or conversion into biofuels, according to a report by VCCircle. read more

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Shell, Equinor, SSE back new project to address offshore wind ‘barriers’

Shell, Equinor, SSE back new project to address offshore wind ‘barriers’

by David McPhee: 27/8/2019

Some of the world’s biggest energy firms are backing a new project aimed at addressing current barriers in the UK offshore wind market.

The second stage of the Offshore Renewable Joint Industry Project (ORJIP) programme, announced by the Carbon Trust, said it aims to reduce consenting risk, project maturation time, cost and the environmental impact of new and existing UK offshore wind farms.

The new four-year programme will be funded by public and private partners.

EDF Renewables, EDP Renewables, E.On, Equinor, Innogy, Marine Scotland, Red Rock Power, Shell, SSE Renewables and the Crown Estate and Crown Estate Scotland are all involved. 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

ERM becomes part of Shell’s global power play

Matthew Stevens Columnist: 23 August 2019

Shell Australia’s $617 million pitch for electricity trader and generator ERM Powerstands as the most tangible expression yet of the transition mission that the local outpost of the petroleum super major set for itself more than three years ago.

Back in June 2017, in a move that foreshadowed co-ordinated global ambitions in electricity only recently fully enunciated by the legendary mother ship, Shell Australia revealed its strategic hand by establishing an energy trading business in Melbourne. 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 lobs $617m takeover bid for ERM Power as it eyes Australian expansion

By Nick Toscano

Global oil and gas giant Shell has launched a $617 million takeover offer for Australian energy retailer ERM Power as the multinational seeks to make a foray into the country’s energy retailing market.

Shell is proposing to buy ERM – Australia’s second-largest power retailer to commercial and industrial customers – for $2.465 a share, the two companies announced on Thursday morning.

The offer represents a 43 per cent premium to ERM’s last closing price of $1.72.

Shell’s proposal has gained the backing of ERM’s founder, Trevor St Baker, who holds 27 per cent of the company. Mr St Baker said he intended to vote in favour of the takeover bid “in the absence of a superior proposal”. 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 debuts electric vehicle chargers in Singapore, first in Southeast Asia

Shell debuts electric vehicle chargers in Singapore, first in Southeast Asia

SINGAPORE (Reuters) – Royal Dutch Shell <RDSa.L> is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the company said on Monday.

The electric vehicle charging service, ‘Shell Recharge’, will be available at 10 Shell petrol stations in Singapore by October, this year or about 20% of its retail network in the city-state, the company said in a statement.

It added that the chargers typically provide from 0% to 80% charge in about 30 minutes, and are compatible with most electric vehicles in Singapore. 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

Trump’s Pittsburgh Speech Was a Paying Gig for the Audience

By : Aug. 17, 2019

Thousands of union workers at a multibillion-dollar petrochemical plant being built outside Pittsburgh were given the choice of attending a speech by President Trump on Tuesday or staying away — and losing some of their pay for the week.

“Your attendance is not mandatory,” one of the construction site’s contractors wrote in rules for the speech that were shared with its employees, according to The Pittsburgh Post-Gazette, which first reported on the matter. But the rules said that only those who arrived at 7 a.m., had their work IDs scanned and then stood waiting for the president for several hours would get paid for the time. 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

Nigeria: Govt Declines Renewal of Shell’s OML 11 Over National Security

Nigeria: Govt Declines Renewal of Shell’s OML 11 Over National Security

By Alex Enumah: 16 August 2019

Abuja — The Federal Government Thursday told an Abuja Division of the Federal High Court that its decision not to renew the operating license of Shell Petroleum Development Company (SPDC) was in the interest of the nation’s security.

The oil giant in the legal action is seeking an order of the court to compel the Federal Government to grant or renew its Oil Mining Lease (OML)11.

At the resumed hearing on Thursday, counsel to Federal Government, Mohammed Diri, while objecting to the suit said the primary objective of any responsible government is to guarantee the safety of lives and properties, adding that the refusal to renew OML 11 was a pre-emptive measure to prevent the occurrence or escalation of security breach in Ogoni 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

Royal Dutch Shell’s New Plastic Plant Stirs Debate

Royal Dutch Shell’s New Plastic Plant Stirs Debate

AUGUST 13, 2019

Royal Dutch Shell has announced plans to open a huge new plastic plant in Pittsburgh’s Beaver County. Not everyone is pleased with this development. Plastic Passion As reported by The New York Times, oil company Royal Dutch Shell is building a $6 billion plastic factory near Pittsburgh that will create 3.5 billion “tiny pellets that can be turned into items like phone cases, auto parts and food packaging.” While the factory would be a boost for the local economy, environmental activists argue that there is already far too much plastic in the world as it is, as many towns in America struggle with recycling. Re: Recycling Shell argues that the problem is not plastic, but plastic that is not properly disposed of. It donated to extend the hours of a local recycling center near the plant, but like in much of the country, Pennsylvania’s Beaver County has to limit the type of plastic it can accept, because there aren’t many buyers who want to repurpose it. Gas It Up This investment in plastic is seen as a move by both Shell and Pennsylvania to diversify, as the prices have fallen for the natural gas the area was known for, and the energy industry is looking for ways to get ahead of the demand for clean energy, low fuel prices and the increasing popularity of fuel-efficient automobiles. Petrochemical giants like Exxon Mobil and Dow have also made similar moves in recent years. Still, investors and analysts continue to see plastic as a risky investment, as shareholders are increasingly voicing concerns about plastic waste. -Michael Tedder Photo: Arnd Wiegmann / REUTERS 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

Reuters: Shell’s Norco, Louisiana chem plant, refinery finishing overhauls: sources

AUGUST 12, 2019

HOUSTON (Reuters) – Royal Dutch Shell Plc is restarting the Gas Olefins Unit 1 (GO 1) at its Norco, Louisiana, chemical plant on Monday, sources familiar with plant operations said.

Shell plans to begin restarting the 25,000 barrels per day (bpd) coker in the adjoining 225,300 bpd Norco refinery this week, the sources said.

Reporting by Erwin Seba; Editing by Tom Brown

SOURCE

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

Canada LNG project to ship gas to Asia as early as 2024

NEW YORK — A 40 billion Canadian dollar ($30 billion) project in British Columbia led by Royal Dutch Shell is on track to start exporting liquefied natural gas to Asia as early as 2024, having received a significant financial boost from Canada’s federal government.

Ottawa will provide C$275 million in subsidies to help finance the LNG Canada export project, whose partners include Malaysian state-owned oil company Petronas, Japan’s Mitsubishi Corp. and two other Asian energy companies. 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

Motiva’s Port Arthur, Texas, refinery to shut big CDU in early September: sources

AUG 8, 2019

HOUSTON (Reuters) – Motiva Enterprises [MOTIV.UL] plans to shut the big crude distillation unit (CDU) at its 607,000 barrel-per-day (bpd) Port Arthur, Texas, refinery, the nation’s largest, by Sept. 5 for a 60-day overhaul, said sources familiar with plant operations.

In addition to the 325,000-bpd VPS-5 CDU, Motiva plans to shut the naphtha processing complex, which includes the 115,000-bpd naphtha hydrotreating unit 2 (NHTU2), 85,000-bpd catalytic reformer 5 (CRU 5) and 50,000-bpd isomerization unit for the work, scheduled to finish by Nov. 5, the sources 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

Pittsburgh Post-Gazette: Trump reschedules visit to Beaver County cracker plant

An aerial view of the Shell ethylene cracker plant being built in Potter in June. (Andrew Rush/Post-Gazette)

JONAH S. BERGER: AUG 8, 2019

President Donald Trump has rescheduled a visit to a cracker plant in Beaver County to Tuesday after  postponing the trip — originally scheduled for this week — in the wake of two mass shootings in Texas and Ohio.

Mr. Trump will tour Royal Dutch Shell’s petrochemical complex in Potter Township and is expected to tout his efforts to boost employment in the manufacturing and energy sectors. 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

Trump to tour Shell cracker plant in Beaver County next week

Pittsburg Post-Gazette: Trump to tour cracker plant in Beaver County next week

PITTSBURGH POST-GAZETTE: AUG 3, 2019

President Donald Trump next week will travel to Beaver County where he will tour the Shell Chemicals ethane cracker plant and tout his administration’s economic agenda for expanding the country’s domestic manufacturing and energy production.

Mr. Trump is scheduled to visit the $6 billion plant, which remains under construction in Potter Township, on Thursday. It will be his first trip to Pennsylvania since May. 

The president’s “economic policies, including tax cuts and aggressive deregulatory agenda, has enabled America to expand manufacturing, energy production, new capital and technology investments, and create jobs,” the White House said in a news release. “The policies make it possible for multibillion-dollar investments such as the Shell complex, which highlights the potential for the Appalachian region to become a second center of U.S. petrochemical manufacturing.” read more

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Shell shares plunge after worst results since oil price crash

Shell shares plunge after worst results since oil price crash

By Brian Donnelly Business Correspondent: 2 Aug 2019

SHARES in Royal Dutch Shell were down five per cent after it posted its worst financial results since the 2016 oil price crash.

The energy giant said the figures were influenced by lower oil and gas prices while analysts said wider global factors including the US and China trade stand-off played a part, and the firm said it would not take any British-flagged tankers to the Strait of Hormuz amid heightened tensions in the region. read more

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Shell Announces the Next Tranche of the Share Buyback Programme

Shell Announces the Next Tranche of the Share Buyback Programme

NEWS PROVIDED BY

Royal Dutch Shell plc

Aug 01, 2019, 02:17 E

THE HAGUE, Netherlands, Aug. 1, 2019 /PRNewswire/ — Royal Dutch Shell plc (the ‘company’) (NYSE: RDS A) (NYSE: RDS B) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018. In the next tranche, the company has entered into an irrevocable, non-discretionary arrangement with a broker to enable the purchase of A ordinary shares and/or B ordinary shares for a period up to and including October 28, 2019. The aggregate maximum consideration for the purchase of A ordinary shares and/or B ordinary shares under the next tranche is $2.75 billion. The company’s intention is to buy back at least $25 billion of its shares by the end of 2020, subject to further progress with debt reduction and oil price conditions. read more

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Shell Profit Misses as Slowing Economy Hurts Gas, Chemicals

Bloomberg: Shell Profit Misses as Slowing Economy Hurts Gas, Chemicals

By Kelly Gilblom: 1 August 2019, 07:15 BST Updated on 1 August 2019, 08:14 BST

Cash flow rises, but integrated gas adjusted profit falls 25%

Shell CEO says macroeconomic conditions were challenging

Royal Dutch Shell Plc got caught into the same earnings trap as many of its peers, reporting second-quarter earnings that fell well short of expectations as the slowing global economy hit everything from natural gas to chemicals.

Profit in Shell’s integrated gas division was down by 25%, but earnings were lower across all of its businesses, including upstream oil and gas production, and refining and chemicals.

“We’ve seen some very severe macroeconomic headwinds — probably most pronounced in our downstream business where we saw some weaker refining margins — but especially a much weaker trading environment for petrochemicals,” Chief Executive Officer Ben Van Beurden said in a Bloomberg TV interview on Thursday. “In our upstream, we’ve seen headwinds particularly in North American gas.” read more

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Shell completes sale of interest in the US Gulf of Mexico asset

Shell completes sale of interest in the US Gulf of Mexico asset

Shell has completed the sale of a 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Equinor.

The total cash consideration was $965 million.

The transaction represents Shell’s focus on strategically positioning the deep-water business for growth and is consistent with its strategy to pursue competitive projects that deliver value in the 2020s and beyond.

The sale contributes to Shell’s ongoing divestment programme.

Shell currently is the largest leaseholder and one of the leading offshore producers of oil and natural gas in the US Gulf of Mexico. read more

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Shell suspend Curlew decom work due to ‘incident’ with worker

by David McPhee and James Wyllie: 26 July 2019

Oil giant Shell has confirmed all decommissioning work on the Curlew floating production vessel (FPSO) has been suspended due to an “incident” involving a worker.

The occurrence is understood to have been a “confined space incident” during tank cleaning work two weeks ago.

It has been claimed that the situation resulted in a male worker running out of oxygen while in the tank.

Shell said no one was injured.

Augean North Sea Services is carrying out cleaning and waste disposal on the FPSO at the Port of Dundee. read more

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Pollution: Niger Delta Communities Drag Shell To UK Supreme Court

According to Shell’s records, the community has been impacted by at least 40 oil spills from Shell’s pipelines and equipment since 1989, including 23 spills in the past 4 years. Shell’s pipelines and infrastructure in Ogale are several decades old and in a poor state of repair making the area vulnerable to oil spills which have caused, and continue to cause, long-term contamination of the land, swamps, groundwater and waterways in the Community.

The Supreme Court hearing will appeal a judgment from February 2018, from the Court of Appeal in London, which upheld an earlier High Court judgment, that the English Court does not have jurisdiction over the claims.

BY SAHARAREPORTERS, NEW YORK JUL 24, 2019

Lawyers representing 40,000 Nigerian farmers and fisherman from two communities in the Niger Delta have been permitted to take their legal claim against the oil giant Shell to the UK Supreme Court.

The decision will allow the two communities from Bille and Ogale in the Niger Delta to appeal to the UK’s highest court, having suffered from decades of pollution from Shell’s pipelines.

They have taken their case to the English Courts on the basis that Royal Dutch Shell (RDS), which is headquartered in London, is legally responsible for the environmental failures of the Shell Petroleum Development Company of Nigeria (SPDC), a subsidiary of RDS. read more

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REUTERS: Russia’s Putin to meet Shell CEO on Thursday: Kremlin

FILE PHOTO: Russian President Vladimir Putin (L) meets with Ben van Beurden, CEO of Royal Dutch Shell company, in Moscow, Russia June 21, 2017. REUTERS/Sergei Karpukhin/File Photo

JULY 18, 2019

ST PETERSBURG (Reuters) – Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in St Petersburg later on Thursday, Kremlin aide Yuri Ushakov said.

Ushakov did not say what the two men would talk about. read more

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Bloomberg: Oil Giants Note — Nigeria Now Has a Chance to Open Its Fields

Bloomberg: Oil Giants Note — Nigeria Now Has a Chance to Open Its Fields

By Dulue Mbachu and Tope Alake: 16 July 2019, 05:00 BST

*Buhari’s parliamentary control could speed passage of reforms

*Oil majors want favorable fiscal terms to explore deep waters

Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over.

An overhaul of oil policy that’s been in the works for more than a decade is among a raft of laws President Muhammadu Buhari could steer through parliament in his second term to help drive investment in the oil-dependent economy. The delays cost an estimated $15 billion a year in lost funding for the industry over the past decade, according to the Petroleum Ministry. read more

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Dutch prosecutors investigate whether small gas fields exceed output limits

AMSTERDAM, July 12 (Reuters) – Dutch prosecutors said on Friday they were investigating whether producers at some of the country’s small gas fields had exceeded the amount they were licensed to produce.

Gas production limits have become a sensitive issue in the Netherlands as the country tries to reduce production at its large Groningen gas field that has caused damaging earthquakes.

Prosecution spokeswoman Marieke van der Moolen confirmed a report by regional broadcaster RTV Drente that investigations in several locations were ongoing and were taking place in collaboration with the country’s State Supervisor of Mines. read more

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Shell: Security Remains Major Challenge in N’Delta

By Emmanuel Addeh in Yenagoa 12 July 2019: — Shell Petroleum Development Company of Nigeria Limited (SPDC) has said security remains a major challenge occasioned by continuing crude oil theft and vandalism of oil and gas facilities in parts of the Niger Delta.

SPDC’s General Manager, External Relations, Igo Weli, who spoke in Yenagoa, Bayelsa State, at the media launch of the 2019 edition of the Shell in Nigeria Briefing Notes, an annual publication detailing the activities of the business interests of the global energy giant, noted that the illegal activities result in the loss of 11,000 Barrels Per Day of crude oil. read more

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Is Shell’s Latest Blockchain Venture A Gamechanger?

By Irina Slav– Jul 11, 2019, 3:00 PM CDT

Shell has furthered its stated commitment to cleaner electricity by investing in a U.S startup that has developed a blockchain-based platform for energy sharing.

The startup, LOW3 Energy, saidin a press release earlier this week that Shell Ventures and Japanese Sumitomo had made “major investments” in its platform, which “represents a landmark moment for LO3 Energy as we begin to scale our blockchain-based energy networks around the world,” according to chief executive Lawrence Orsini. read more

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Oil majors evacuate U.S. Gulf platform staff before storm

JULY 9, 2019 / 10:58 PM

HOUSTON (Reuters) – Major U.S. oil producers on Tuesday began evacuating and shutting in production at their deepwater Gulf of Mexico platforms in advance of a tropical disturbance expected to become a storm this week.

A tropical depression is expected to form late on Wednesday or Thursday, according to the National Hurricane Center, and move westward across the northern Gulf of Mexico, home to dozens of oil and gas producing facilities.

Chevron Corp (CVX.N), Royal Dutch Shell Plc (RDSa.L), BP Plc (BP.L) and BHP (BHP.AX) are removing staff from 15 offshore energy platforms, according to company statements. 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 entered Japan’s open electricity market in March: spokeswoman

JULY 5, 2019

TOKYO (Reuters) – Royal Dutch Shell started selling electricity to business customers in Japan in March, relying on its experiences in North America and Europe to expand its market presence, a spokeswoman for its Japan unit said on Friday.

The Nikkei business daily reported earlier on Friday that Shell is considering residential electricity sales in the future, but the spokeswoman said such a decision has not been made.

“The Japanese electricity market is attractive for Shell as the market’s liberalization is progressing,” she said, but declined to give any numerical business targets. read more

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German Refinery Halts Russian Oil Imports Again On Poor Crude Quality

Just days after Russia said it had fully resumed oil flows to Europe via the Druzhba pipeline after a major disruption in supplies due to crude contamination in April, a Shell oil refinery in Germany halted imports via the pipeline because, again, slightly higher concentration of organic chlorine was found in the crude, a Shell spokesman told Germany business daily Handelsblatt on Friday.

At the end of April, Russia halted supplies via the Druzhba oil pipeline to several European countries due to a contamination issue, which the Russians said was deliberate. read more

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UK: Shell installs its first ultra-rapid charger in London

Electrive

UK: Shell installs its first ultra-rapid charger in London

Jul 4, 2019

Shell has installed a 150 kW ultra-rapid EV charger at a petrol station in Battersea, south London. The charger is now available for public use alongside the already existing 50 kW rapid chargers from Allego.

The charger is part of the Shell Recharge service. The 150kW charger has been installed alongside the station’s existing 50kW rapid chargers. Maker and operator Allego will continue to maintain and service the chargers which make up Shell Recharge.

Allego’s chief executive Anja van Niersen welcomed the installation, stressing that “electric vehicle drivers want the right charging solution at the right place, to be always available and combined with excellent services. Shell Recharge shows how these wishes can be met.” read more

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Royal Dutch Shell plc: Board Committee Changes 1st July 2019

PR Newswire

THE HAGUE, NetherlandsJuly 1, 2019 /PRNewswire/ — Royal Dutch Shell plc (the “Company”) (RDS-A) (RDS-B) announces the following changes to the membership of the Board Committees:

AUDIT COMMITTEE

Ann Godbehere, a Non-executive director, has been appointed Chair of the Audit Committee with effect from July 1, 2019. Ann succeeds Euleen Goh in this role following confirmation from Euleen that she will stand down from this committee, on June 30, having served as a Committee member since September 2014, and Chair of this committee since January 2016.

NOMINATION AND SUCCESSION COMMITTEE

Euleen Goh, a Non-executive Director, has been appointed a member of the Nomination and Succession Committee, with effect July 1, 2019. read more

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Shell, Exxon Mobil eye re-entry into Somalia’s upstream sector

JUNE 28, 2019

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N) are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement.

Shell and Exxon Mobil had a joint venture there prior to the toppling of dictator Mohamed Siad Barre in the early 1990s.

Somalia has been mired in insecurity since Barre left and is battling Islamist group al Shabaab that frequently carries out bombings in the capital Mogadishu and elsewhere in the country. 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

Pieridae to buy Shell Canada gas assets for C$190 mln

By Nia Williams: JUNE 26, 2019 / 10:37 PM

CALGARY, Alberta, June 26 (Reuters) – Canada’s Pieridae Energy will buy gas assets in Alberta from Royal Dutch Shell for C$190 million ($144.77 million), Pieridae said on Wednesday, securing supply for its planned liquefied natural gas plant in eastern Canada.

The deal will consist of all of Shell’s midstream and upstream assets in the southern Alberta Foothills area, which produce 29,000 barrels of natural gas, natural gas liquids and condensate. Pieridae is also buying three sour gas plants. read more

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Shell’s lead in bidding for Dutch Eneco increases as Enel, Total drop out: sources

Clara Denina, Stephen Jewkes, Toby Sterling: JUNE 24, 2019 / 4:43PM

LONDON (Reuters) – A domestic consortium set up by Royal Dutch Shell and pension fund manager PGGM has taken a bigger lead in the race for Dutch energy company Eneco as two other contenders have dropped out, sources close to the matter said.

French oil and gas company Total SA and Italy’s electricity giant Enel, which had teamed up with Dutch pension fund manager APG, have both withdrawn their non-binding offers, said the sources.

One of the sources added that APG was now looking for a new partner.

Infrastructure fund Macquarie and Japan’s biggest trading house Mitsubishi Corp are also still in the race for the company estimated by analysts to be worth about 3 billion euros ($3.4 billion), sources said. One said French nuclear energy utility EDF had also made a non-binding offer. read more

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Shell explains why it withdrew from Baltic LNG project with Gazprom

After Shell’s exit from the project, Gazprom reported that they were considering technologies of Shell and Germany’s Linde AG for the LNG integrated complex project in Ust-Luga

OIL& GAS INDUSTRY: 24 JUN, 14:39

ST.PETERSBURG, June 24. /TASS/. Shell decided to withdraw from the Baltic LNG project because it does not agree with the change in its concept, Cederic Cremers, Shell Russia Chairman, told TASS on the sidelines of the forum of future leaders of the World Petroleum Council.

“The reason is that we don’t believe into an integrated concept. We were discussing the initial concept which was to separate LNG project from the chemical plant. That was the concept that we believed would be properly technical and economically investable. So that is why we decided to exit because we don’t have the same view on the integrated development,” he explained. read more

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