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Warning Over ‘Risky’ Drilling In The Arctic

MPs point to problems Shell has encountered in the Arctic in the past year and reiterate calls for a ‘sanctuary’ in the area.

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Saturday 27 July 2013

The Government has been accused of “complacently standing by” while oil and gas drilling starts in the Arctic despite the risks to the environment.

Companies such as Shell are not yet able to demonstrate they could clean up an oil spill in the harsh but pristine conditions of the Arctic, MPs on the Environmental Audit Committee (EAC) said.

And a recent report from the International Energy Agency (IEA) warned that only a third of proved reserves of fossil fuels can be burnt before 2050 if global temperatures are to be kept from rising by more than 2C, widely regarded as the threshold for “dangerous” climate change. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Future of Shell Vic refinery in doubt

An executive of Shell has said the future of the oil company’s Geelong refinery is ‘borderline’.

Shell global downstream director Mark Williams said the operation of the refinery at Geelong was ‘questionable’ given the challenges faced.

‘It’s borderline,’ Mr Williams told the Australian Financial Review.

‘It depends a lot on how it performs over the next few years whether or not it will ultimately be a survivor.

‘I think you can see the rest of the industry struggling with the same dynamics.’ read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.