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Monday, April 13, 2015

Shell Makes A Huge Bet On LNG and Pre-Salt

Apr 13th, 2015

Shell Makes A Huge Bet On LNG and Pre-Salt

Anglo-Dutch oil major, Royal Dutch Shell Plc., recently announced plans for a mammoth – $70 billion – acquisition of BG Group Plc. to further extend its leadership position in the global LNG (liquefied natural gas) market and increase its exposure towards the exploration and development of deepwater hydrocarbon reserves, primarily the pre-salt reserves offshore Brazil.

The company plans to acquire BG Group in a cash and stock deal valued at 1,350 pence per BG share. The company will pay BG shareholders 383 pence in cash and 0.4454 class B shares in itself for each share of BG held.

Posted in: BG Group, Brazil, Forbes, Gas, Royal Dutch Shell Plc, Shell.
Tagged: Gas · Royal Dutch Shell Plc

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Shell Betting Its Future On LNG

Apr 13th, 2015

by John Donovan.

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Article By Nick Cunningham published Sun, 12 April 2015 by OilPrice.com

Shell Betting Its Future On LNG

Could the largest energy deal in over a decade begin a new wave of mergers and acquisitions? Is LNG really the future? How Will ExxonMobil Respond? And perhaps more importantly, does the mega-deal between Royal Dutch Shell (RDS.A) and BG Group (LON: BG) portend the end of the bear market for oil?

Shell announced on April 8 that it agreed to buy BG Group for an eye-popping $70 billion.

The move was surprising, in the sense that a lot of companies in recent years have reined in their spending on high-cost projects outside of North America. Shell, in the midst of its own two-year $15 billion divestment campaign to shed unwanted assets, was thought to be trying to make itself leaner and meaner. Having passed on the U.S. shale revolution, it is interesting that Shell’s big splash once again avoided North America.

Posted in: Australia, BG Group, Exxon Mobil, LNG, Oil, Oil Prices, Royal Dutch Shell Plc,Shale Gas, Shale Oil, Shell.
Tagged: BG Group · Brazil · Oil Prices · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Kashagan to Start Production in 2017, Says Royal Dutch Shell Report

Apr 13th, 2015

by John Donovan.

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BY MICHELLE WITTE in BUSINESS on 13 APRIL

ASTANA – Production at Kazakhstan’s giant Kashagan offshore oil field is expected to restart in 2017, Royal Dutch Shell stated in its 2014 annual report.

“After the start of production from the Kashagan field in September 2013, operations had to be stopped in October 2013 due to gas leaks from the sour gas pipeline. Following investigations, it has been decided that both the oil and the gas pipeline will be replaced. Replacement activities are ongoing, with production expected to restart in 2017,” page 27 of the annual report, released on March 12, said.

After sour gas leaks forced production to halt soon after it began in late 2013 – already years behind the original schedule – predictions as to when the project would actually produce have been repeatedly made and then pushed back, and even in late January of this year, Energy Minister Vladimir Shkolnik was announcing that Kashagain would come online in late 2016.

Posted in: China, Eni, Exxon Mobil, Gas, Iran, Kashagan, Oil, Oil Prices, Royal Dutch Shell Plc, Russia, Shell, Total.
Tagged: ExxonMobil · Gas · Kashagan · Kazakhstan · Oil · Oil Prices · Royal Dutch Shell

The TRUTH will set you FREE.

RTE failed to truthfully inform the public on Corrib Gas Project

Apr 13th, 2015

by John Donovan.

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– Shell to Sea send submission on RTE’s Public Service Statement —

12 April 2015

RTÉ – Ireland’s National Television and Radio Broadcaster

Shell to Sea have today sent in a submission to RTE as part of RTE’s public consultation on the updating of their Public Service Statement [1]. In the submission, Shell to Sea claimed that RTE had failed to inform the public in an honest and balanced manner on the Corrib Gas project.

In the submission nine examples of RTE bias over the course of the more than decade long community campaign against the Corrib Gas project were highlighted.

One of the examples given related to the so-called “Garda Rape tape” over which RTE were forced by the Broadcasting Authority of Ireland (BAI) to issue an apology, after a news item broadcast on July 28^th 2011 was deemed by the BAI to be “inaccurate”, “unfair” and “harmful” to a Corrib campaigner. This related to Gardaí being inadvertently recorded joking about threatening to rape the two women who were in their custody. At the time of the incident the Garda Commissioner acknowleged the incident had happened and apologised for the incident occurring. Despite this RTE subsequently attempted to create the impression that the recording of the incident had been “altered” or “tampered with”. [2]

Posted in: Business Principles, Corrib Gas Project, Corruption, Garda, Gas, Ireland,Maurah Harrington, Royal Dutch Shell Plc, Shell.
Tagged: Corrib Gas Project · Gas · Ireland · Royal Dutch Shell Plc · RTE Ireland · Shell

The TRUTH will set you FREE.

HOWARD_13APRIL15_3rd TIME_USURPATION OF AUTHORITY COMMITTED BY ANDREW COOPER

from:		antonio jr. Buensuceso antoniobuensuceso@gmail.com
to:		Tom.Howard@waterboards.ca.gov, thoward@waterboards.ca.gov
cc:		Liz Haven , Jonathan.Bishop@waterboards.ca.gov, "Maughan, James@Waterboards" , "Gordon, Christine@Waterboards" , "Wilkinson, Wes@Waterboards" , "Cooper, Andrew@Waterboards" , anna.hernandez@waterboards.ca.gov, anna.perez@waterboards.ca.gov, "Zuccala, Debbie@Waterboards" , dzuccala@waterboards.ca.gov, Antonio Buensuceso
date:		Mon, Apr 13, 2015 at 3:20 AM
subject:		HOWARD_13APRIL15_3rd TIME_USURPATION OF AUTHORITY COMMITTED BY ANDREW COOPER
mailed-by:		gmail.com