Friday, May 8, 2015

Helge Lund urges Shell to integrate BG employees based on merit

May 8th, 2015

Helge Lund, chief executive of BG Group, has urged Royal Dutch Shell to adopt a “merit-based” selection process in integrating the thousands of employees whose jobs could be at risk following the Anglo-Dutch giant’s £55bn takeover offer for its smaller UK energy rival.

FULL FT ARTICLE

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

The TRUTH will set you FREE.

Shell BG Group Merger Slammed

May 8th, 2015

by John Donovan.

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By: MICHEAL KAUFMAN: Published: May 8, 2015

The massive plunge in crude oil prices has seen a growing trend of merger activities in the oil and gas sector. Recently, Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) finalized its $70 billion merger deal with BG Group plc. (ADR) (OTCMKTS:BRGYY). The lower crude oil prices pose an ideal time for energy companies to undertake investments at cheaper rates and wait for the prices to go up again.

The deal will allow the two combined company’s to becoming one of the world’s largest LNG producers. However, the massive size of the combined entity will become a sign of concern for the regulators. Thus, Shell along with BG will have to sell assets to win regulatory approval.

Posted in: BG Group, Bidness Etc, Gas, Royal Dutch Shell Plc.

Tagged: BG Group · Gas · Royal Dutch Shell PlcThe TRUTH will set you FREE.

The debate over Arctic drilling: What’s at stake

May 8th, 2015

by John Donovan.

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Seattle’s mayor and environmentalists have vowed to blockRoyal Dutch Shell PLC from parking two Arctic offshore drilling rigs on Seattle’s waterfront, an effort to thwart the new frontier in oil exploration and spark a national debate about fossil fuels and climate change.

WHAT’S AT STAKE?

The U.S. Geological Survey estimates Arctic offshore reserves at 26 billion barrels of recoverable oil and 130 trillion cubic feet of natural gas.

Shell is now approaching $7 billion in Arctic offshore investment, and plans to drill up to four exploratory wells over two years in the Chukchi Sea to determine whether there are commercial quantities of oil and gas.

Posted in: Alaska, Arctic, Chukchi Sea, Environment, Greenpeace, Litigation, Oil, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Litigation · Royal Dutch Shell Plc

The TRUTH will set you FREE.

WA inquiry shines spotlight on floating LNG safety fears

May 8th, 2015

by John Donovan.

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Article by Angela Macdonald-Smith published by The Sydney Morning Herald: 8 May 2015

WA inquiry shines spotlight on floating LNG safety fears

Royal Dutch Shell and Woodside Petroleum have insisted that workers to be stationed on vast floating liquefied natural gas plants far off the Western Australian coast will be safe despite serious concerns having been raised in a parliamentary inquiry that they won’t be evacuated even for severe tropical cyclones.

A WA parliamentary committee examining the safety of floating LNG highlighted fears that workers would be thrown around within their accommodation modules during cyclones and could experience psychological stress at being unable to leave the vessel.

Posted in: Australia, Bill Campbell, Environment, Gas, Prelude FLNG Project, Royal Dutch Shell Plc, Shell, Shell Employee Safety.
Tagged: Prelude FLNG Project · Royal Dutch Shell Plc

The TRUTH will set you FREE.