More on Shell’s Shenanigans in Alaska
Extract from an article by Haley McKey, www.defendersblog.org published 17 April 2015 by Epoch Times under the headline: “Big Oil, Bad Decisions: Coast Guard Report Sheds More Light on Shell’s Shenanigans in Alaska”
…this report shows what we have known for a long, long time: that the fundamental problem isn’t faulty equipment or technical issues. No, the real problem is that for Big Oil, internal pressures to make a profit are simply more powerful than the need for proven and dependable procedures to ensure that operations like these are safe. And no matter how state-of-the-art the equipment is, it’s worthless without proper risk assessment. Shell cared more about protecting its bottom line than protecting its ships’ crews or the surrounding environment. There’s no excuse for such blatant disregard for safety.
(THIS ARTICLE ALSO HAS RELEVANCE TO THE SHELL PRELUDE FLNG PROJECT)
Breakthrough Technology Unlocks Hidden Natural Gas Reserves
Extracts from an article by Tim Maverick published 17 April 2014 by trefis.com
The recognized leader in FLNG technology globally is Royal Dutch Shell PLC. FLNG vessels, which dwarf aircraft carriers in size, serve as floating liquefaction, storage and offtake facilities. And they certainly come with a host of advantages. You see, a floating project is estimated to take only two-thirds of the time of a land-based project. That’s not surprising, since you’re able to sidestep land development. This is of particular concern in Australia, where natural gas fields are located close to environmentally sensitive coastal areas.
Greenpeace campaigners considering protest at new Sevenoaks Waitrose
Extract from an article by Alex Drury published 14 April 2014 by
Sara Ayech, the pressure group’s Arctic campaign spokesman told the Chronicle: “In 2012 Waitrose put a halt to plans to build stores on Shell forecourts. By partnering with Shell, Waitrose is endorsing Shell’s destructive quest for Arctic oil.”
Ukraine Crisis Forces ‘Wait-and-See’ Approach to Arctic Oil
Extract from an article by Alan Neuhauser published 14 April 2014 by USNews.com
“Wait and see” is the order of the day for western oil and gas companies that have partnered — or hope to partner — with Russia to explore the Arctic’s enormous energy reserves. And with good reason. As Russia, Europe and the United States trade threats and sanctions in the wake of Russia’s armed takeover last month of Crimea in Ukraine, energy companies with Arctic designs have plenty of time to cool their heels.
6 Horrible Oil Spills Since Deepwater Horizon That You Probably Didn’t Hear About
Extract from an article by Kristine Wong published 15 April 2013 by takepart.com
Bonga Oil Field, Nigeria
On Dec. 21, 2011, Royal Dutch Shell’s Bonga oil field in Nigeria leaked 1.24 million gallons of oil into the Niger Delta. The Guardian reported that satellite watchdog organization Skytruthposted photos indicating that the spill was 43.5 miles long and covered 356 square miles. Nigerian activist organization Environmental Rights Action told the newspaper that it did not believe Shell’s 1.24-million-gallon claim, saying that the “company consistently under reports the amounts.” Ever year Shell and other companies spill the equivalent of the Exxon Valdez tanker capacity into the Niger Delta.
Big Oil Bets on LNG For Emerging Market Growth
Extracts from an article by Bob Ciura published 16 April 2014 by The Motley Fool
Chevron, Anadarko, and Royal Dutch Shell each have huge LNG operations that are ideally suited to supply the emerging markets. Royal Dutch Shell announced it had reached a five or six year agreement to supply Kuwait with its own LNG. Shell, along with European major BP, have been contracted to supply Kuwait approximately 2.5 million tonnes per year over the course of the agreement, according to Reuters. Shell is no stranger to LNG. It actually provided the technology for the world’s first liquefaction plant in 1964, according to the company.
Royal Dutch Shell plc Wasn’t Kidding About Cutting Costs.
Article by Arjun Sreekumar published 16 April 2014 by The Motley Fool under the headline: “Royal Dutch Shell plc Wasn’t Kidding About Cutting Costs. But Will It Pay Off?”
The company recently sold off key downstream assets in Australia, including a major oil refinery and network of some 870 retail gasoline stations, due to weak margins. It also put up for sale numerous North American shale assets last year, including acreage in Texas’ Eagle Ford shale and Kansas’ Mississippi Lime play, because of disappointing drilling results and poor expected returns. Shell has also scrapped plans to construct a massive facility in Louisiana that would have converted natural gas into higher-value liquids because of the project’s high expected costs and uncertainty over long-term price differentials. Lastly, it is also currently marketing oil-producing properties and oil infrastructure in Nigeria, where persistent theft and sabotage continue to plague its operations.
The TRUTH will set you FREE.
No comments:
Post a Comment