NAV

Saturday, February 14, 2015

Shell one step closer to resuming exploration in the Chukchi Sea

Shell one step closer to resuming exploration in the Chukchi Sea

Screen Shot 2013-11-01 at 09.31.18From an article by Tim Bradner published by Alaska Journal of Commerce on 12 Feb 2015 under the headline:

“One regulatory hurdle cleared for Arctic OCS drilling”

Shell is officially one step closer to resuming exploration in the Chukchi Sea. On Thursday the U.S. Bureau of Ocean Energy Management released its final supplemental environmental impact statement for a 2008 Chukchi Sea Outer Continental Shelf Lease Sale.
It is a move that is hoped to clear legal and regulatory hurdles facing Arctic offshore drilling.
The document was published on schedule after the draft SEIS was completed last fall. A Record of Decision will likely be issued in 30 days, which will allow BOEM to resume work on Shell’s revised exploration plan for the Chukchi Sea, BOEM said in a statement.
 “Alaska is a critical component of our nation’s energy portfolio, and the Chukchi Sea has substantial oil and gas potential, as well as sensitive marine and coastal resources that Alaska Native communities depend on for subsistence,” Interior Secretary Sally Jewell said in the statement.
“The updated analysis is a major step toward resolving the 2008 oil and gas leases that have been tied up in the courts for years. We remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration in this unique, sensitive and often challenging environment.”
Environmental groups reacted harshly to the EIS release.
“It is unconscionable that the federal government is willing to risk the health and safety of the people and wildlife that live near and within the Chukchi Sea for Shell’s profits Friends of the Earth climate campaigner Marissa Knodel. There is no such thing as safe or responsible drilling in the Arctic Ocean — Shell’s record of recklessness and the federal government’s own environmental analysis show that approval of Lease Sale 193 would be unsafe, dangerous and irresponsible.”


The TRUTH will set you FREE.

HSBC Tax Scandal: Revelations pending about a major oil company

HSBC Tax Scandal: Revelations pending about a major oil company

Screen Shot 2015-01-06 at 21.26.38HSBC whistleblower: There are ‘more revelations’

By John Donovan
We know that Royal Dutch Shell has a long track record of tax dodging.
The most recent example occurred during its Arctic Drilling debacle, when it recklessly sent a drilling ship to sea in the face of a storm, trying to avoid a tax bill. 
According to a BBC News article published today, based on information from the HSBC whistleblower Herve Falciani, a major oil company could be next to feel the effects of a major data leak about how it operates.
Could it be Royal Dutch Shell Plc?
“Mr Falciani is the man behind the largest data leak in banking history – and after days of revelations about HSBC and tax evasion by its wealthy customers between 2005 and 2007, he now says he feels vindicated.”


The TRUTH will set you FREE.

The credibility of Royal Dutch Shell oil demand forecasts

The credibility of Royal Dutch Shell oil demand forecasts
By John Donovan
Forecasts of future oil demand and oil prices made by Royal Dutch Shell CEO Ben van Beurden have been widely reported.
See syndicated Reuters article.
He is not exactly a disinterested independent observer, as his personal income and the well-being and profitability of the oil company he leads, depends on these issues.
Some might consider his forecasts to be wishful thinking.
It is an appropriate moment to look back on directly related forecasts made 7 years ago by one of his predecessors.
In January 2008, the then CEO Jeroen van der Veer forecast that demand for oil and gas would outstrip supply within 7 years. The prediction was based on an assessment from the Shell Scenarios team. No doubt many of the same geniuses advising Ben van Beurden.
The article (above right) published by the Times 7 years ago, stemmed from an emailed from Jeroen van der Veer leaked to me, which I passed to the newspaper.
The whole article is published below.
I will leave it to the reader to decide if the overall picture it forecasts for oil demand now, 7 years later, bears any resemblance to the current situation.
THE TIMES
Carl Mortished, World Business Editor
January 25, 2008

World demand for oil and gas will outstrip supply within seven years, according to Royal Dutch Shell.

The oil multinational is predicting that conventional supplies will not keep pace with soaring population growth and the rapid pace of economic development.
Jeroen van der Veer, Shell’s chief executive, said in an e-mail to the company’s staff this week that output of conventional oil and gas was close to peaking. He wrote: “Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand.”
The boss of the world’s second-largest oil company forecast that, regardless of government policy initiatives and investment in renewables, the world would need more nuclear power and unconventional fossil fuels, such as oil sands.
“Using more energy inevitably means emitting more CO2 at a time when climate change has become a critical global issue,” he wrote.
Mr van der Veer is expected to discuss Shell’s energy outlook today at the World Economic Forum in Davos.
In his e-mail, which was reported on RoyalDutchShellplc.com, an independent website that monitors the company, Shell’s chief set out two scenarios for the world’s energy future.
The first scenario, “Scramble”, envisages a mad dash by nations to secure resources. With policymakers viewing energy as “a zero-sum game,” use of domestic coal and biofuels accelerates.
It is a world, said the Shell chief, where “policymakers pay little attention to energy consumption – until supplies run short.”
The alternative scenario, “Blue-prints”, envisages a world of political cooperation between governments on efficiency standards and taxes, a convergence of policies on emissions trading and local initiatives to improve environmental performance of buildings.
Shell has not committed to either scenario. The oil company regularly uses scenario-planning to test the likely impact of widely divergent economic and political scenarios on its long-term strategy.
Unsurprisingly, Mr van der Veer indicated that Shell preferred the Blueprints scenario but he expressed caution over the likelihood of it coming to pass without a global approach to emissions trading.
The Blueprints scenario assumes that 90 per cent of CO2 is captured by coal and gas power plants in developed countries by 2050, and at least half of the CO2 emitted by power stations in the developing world. No such plants are in operation today, noted the Shell chief. “It will be hard work and there is little time,” he said.
Mr van der Veer’s comments emerged in the same week that the European Commission launched reforms to its carbon trading system, with plans to force power stations to buy permits to emit CO2.
In an acknowledgement of the challenge of securing global acceptance of the need to curb carbon emissions, the Commission President, José Manuel Barroso, said that the Commission would consider the possibility of taxing imports into the EU by countries that failed to take equivalent measures to curb carbon emissions.
Mr van der Veer’s prediction that the oil industry would soon struggle to deliver sufficient conventional oil and gas to meet demand echoes growing concern from other oil bosses.
RELATED: We’ll begin to run out of oil within 7 years: Daily Express 26 Jan 2008




The TRUTH will set you FREE.

Europe gas supply in focus as Dutch debate giant Groningen field

Europe gas supply in focus as Dutch debate giant Groningen field

Screen Shot 2015-02-13 at 12.31.40

Screen Shot 2014-10-01 at 20.37.24The Groningen field is the largest natural gas field in Europe and the 10th largest in the world. It is operated by government-owned Gasunie and output is jointly exploited by the government, Royal Dutch Shell and Exxon. Extraction has resulted in increasingly strong tremors, some measuring as much as 3.6 on the Richter scale, which have cracked buildings and led to widespread damage claims.

Screen Shot 2015-01-29 at 13.58.27
(Reporting By Anthony Deutsch, editing by David Evans)
Extracts
Feb 12 (Reuters) – Gas supplies to Europe from the massive Groningen field in the Netherlands could be curtailed as Dutch lawmakers debating on Thursday face public protests over earthquakes blamed on the site ahead of elections next month.
The parliament debate comes as the Netherlands and the European Union seek to diversify energy needs in the wake of the worst confrontation with Russia since the Cold War.
The Dutch, the EU’s largest gas exporter, can supply their households and power plants for years, but supplies will start dwindling in 2025, and they will soon become a net importer.
The Groningen field was the main source of 13 billion euros ($14.73 billion) in government gas income in 2013 and a reduction could significantly impact state finances, already strained by years of austerity.
Its future has become a political flashpoint in the run-up to March 18 provincial elections that are expected to deal a blow to the ruling coalition of Liberal Prime Minister Mark Rutte.
Extraction has resulted in increasingly strong tremors, some measuring as much as 3.6 on the Richter scale, which have cracked buildings and led to widespread damage claims.
As the debate in parliament began, protesters in the public gallery sang the folk anthem of the Groningen region.
The Groningen field is the largest natural gas field in Europe and the 10th largest in the world.
It is operated by government-owned Gasunie and output is jointly exploited by the government, Royal Dutch Shell and Exxon.
RELATED REUTERS ARTICLE

Higher Dutch gas production possible from July – minister




The TRUTH will set you FREE.

Thursday, February 12, 2015

Port of Seattle hosts Shell’s Arctic drilling fleet

Port of Seattle hosts Shell’s Arctic drilling fleet

Screen Shot 2014-10-31 at 17.18.55From an article by Joe Connelly published 11Feb 2015 by Seattlepi.com under the headline:

Port of Seattle quietly signs homeport lease for Shell’s Arctic drilling fleet

Extracts
The Port of Seattle has quietly inked a two-year lease under which Shell Oil will use Terminal 5 on the Seattle waterfront as the base for its efforts to drill in Arctic waters of Alaska’s Chukchi Sea.
With rapid authorization, negotiation and signing of the lease — reminiscent of how decisions on the waterfront used to be greased — the port has secured a $13.17 million deal and forestalled efforts by the region’s environmental groups to stop it.
“This year we are planning on drilling in Alaska,” Simon Henry, chief financial officer at Royal Dutch Shell, told a stockholder briefing two weeks ago.
The oil giant expects to spend $1 billion on its Arctic plans this year. Shell can afford it. Profits for 2014 totaled $19.04 billion, even as oil prices were dropping.
“Even if we don’t drill this summer it will be approaching $1 billion because of the commitment to keep the fleet of ships in place,” Henry said.
Shell had a disastrous experience in 2012 when it tried to drill in the Chukchi.
The Noble Discoverer broke loose and nearly ran aground. Later in the year, a U.S. Coast Guard inspection turned up multiple safety and record-keeping violations. Shell’s contractor, Noble Energy, pleaded guilty to felonies and paid $12.2 million in fines and community service projects.
Shell started to drill a exploratory well in the Chukchi Sea, only to be turned back by pack ice.
Its conical drilling ship, the Kulluk, was being towed to the “lower 48″ in December 2012 — in the teeth of Gulf of Alaska storms — when it broke loose from its tow lines. The ship ran aground near Kodiak, and had to be taken to China and taken apart.
With the stakes high, and having already invested $2.8 billion in leases, Shell is pressing on.
RELATED




The TRUTH will set you FREE.

SHELL CIRCUMVENTED RA 7641

SYNDICATED ESTAFA


MY QUEST FOR SWINDLED 

RETIREMENT PAY BY SHELL



SWINDLING ITO, SYNDICATED ESTAFA


HOT PURSUIT
DUTY OF LAW ENFORCEMENT ENTITIES


SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR

1001counts
SEE BELOW FOR THE 1001ST   TIME THE REITERATION OF DEMAND PAYMENT OF RETIREMENT PAY WHICH SHELL REFUSED TO HONOR IN THE PRESENCE AND DEEMED APPROVAL OF THE HONORABLE MAGISTRATES OF THE SUPREME COURT OF THE PHILIPPINES


Dishonest scales are an abomination to the Lord, but a just weight is His delight... Proverbs Chapter 11  v. 1
Retirement Pay Law circumvented by Shell subject to penal provision provided for by Article 288 of the Labor Code of the Philippines.





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