shell tabangao refinery life

Monday, September 28, 2015

Shell move dims oil prospects, delights environmentalists

Sep 28th, 2015

ANCHORAGE, Alaska (AP) — Royal Dutch Shell has abandoned its long quest to become the first company to produce oil in Alaska’s Arctic waters, darkening the nation’s long-term oil prospects and delighting environmental groups that tried to block the project.

After years of effort, Shell is leaving the region “for the foreseeable future” because it failed to find enough oil to make further drilling worthwhile.

The company has spent more than $7 billion on the effort, slogged through a regulatory gauntlet and fought environmental groups that feared a spill in the harsh climate would be difficult to clean up and devastating to polar bears, walruses, seals and other wildlife.

The TRUTH will set you FREE.

Shell pulls plug on Arctic drilling campaign

Sep 28th, 2015

by John Donovan.

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By ETAIN LAVELLE FOR THE DAILY MAIL: PUBLISHED: 22:22, 28 September 2015

To the delight of eco-warriors worldwide, Shell pulled the plug on its Arctic drilling campaign, taking a £2.7billion hit on the controversial venture that was persistently undermined by the prolonged oil price weakness and fierce opposition from ecological activists.

Although an exploratory well showed indications of oil and gas in Alaska’s Chukchi Sea, Shell blamed high costs associated with the project as well as the ‘challenging and unpredictable’ regulatory environment as it shelved its drilling plans for the foreseeable future.

Posted in: Alaska, Arctic, BG Group, Chukchi Sea, Climate Change, Daily Mail,Environment, Gas, Greenpeace, Gulf of Alaska, Oil, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Arctic Ocean · BG Group · Chukchi Sea · Environment · Gas · Oil · Oil Prices · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Shell has made a costly call to abandon Alaska

Sep 28th, 2015

by John Donovan.

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Kamal Ahmed: Business editor: 28 Sept 2015

It could have been Hillary Clinton’s tweet that did it.

Just after the US government had given the go-ahead for Shell to restart its exploration in Alaska, the Democratic presidential candidate took to the social media site.

“The Arctic is a unique treasure,” Mrs Clinton said on Twitter. “Given what we know now, it’s not worth the risk of drilling.”

Which seemed to ignore the fact that drilling has been taking place in the Arctic for decades – for example oil was first discovered in one of the main basins, Prudhoe Bay, in 1968.

Posted in: Alaska, Arctic, BBC News, Ben van Beurden, BG Group, BP, Chukchi Sea,Climate Change, Environment, Gas, Gulf of Alaska, Oil, Oil Spill, President Obama,Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Arctic Ocean · BG Group · BP · Chukchi Sea · Environment · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Shell pulls the plug on Arctic exploration

Sep 28th, 2015

by John Donovan.

No comments yet

Mon Sep 28, 2015 6:21am EDT

By Karolin Schaps

(Reuters) – Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky.

Shell has spent about $7 billion on exploration in the waters off Alaska so far and said it could take a hit of up to $4.1 billion for pulling out of the Chukchi Sea for the “foreseeable future”.

The unsuccessful campaign is Shell’s second major setback in the Arctic after it interrupted exploration for three years in 2012 when an enormous drilling rig broke free and grounded.

Posted in: Alaska, Arctic, Beaufort Sea, Chukchi Sea, Climate Change, Environment,Oil, Oil Spill, Pollution, Reuters, Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Beaufort Sea · Chukchi Sea · Environment · Oil · Royal Dutch Shell Plc ·Shell

The TRUTH will set you FREE.

Tapped out? Shell ending Arctic offshore oil exploration after test well disappoints

Sep 28th, 2015

by John Donovan.

No comments yet

FoxNews.com: Sept 28, 2015

Royal Dutch Shell said early Monday that it was ceasing offshore oil and gas exploration in Arctic waters after a test well yielded unsatisfactory amounts of oil and gas.

The announcement was a huge blow to Shell, which was counting on offshore drilling in Alaska to help it drive future revenue and had poured billions in investment and years of work into the exploratory well. Environmentalists, however, had tried repeatedly to block the project, and welcome the news.

A statement from the company’s headquarters in The Hague said Shell was ending exploration off Alaska “for the forseeable future” after what it called “a clearly disappointing exploration outcome.”

Shell said it had found indications of oil and gas in the well in the Chukchi Sea, about 80 miles off Alaska’s northwest coast. However, the petroleum was not in quantities sufficient to warrant additional exploration in that portion of the basin, the company added.

Posted in: Alaska, Arctic, Associated Press, Beaufort Sea, Chukchi Sea, Climate Change,Environment, Greenpeace, Gulf of Alaska, Marvin Odum, Oil, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Arctic Ocean · Beaufort Sea · Chukchi Sea · Environment · Gas · Oil ·Oil Prices · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

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

GEUS_15MAR16_66th FOLLOW UP_REITERATION

OF DEMAND PAYMENT OF RETIREMENT PAY

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.

NAV

Monday, September 28, 2015

Shell move dims oil prospects, delights environmentalists

Shell move dims oil prospects, delights environmentalists

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Shell pulls plug on Arctic drilling campaign

Shell pulls plug on Arctic drilling campaign

By ETAIN LAVELLE FOR THE DAILY MAIL: PUBLISHED: 22:22, 28 September 2015

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Shell has made a costly call to abandon Alaska

Shell has made a costly call to abandon Alaska

Kamal Ahmed: Business editor: 28 Sept 2015

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Shell pulls the plug on Arctic exploration

Shell pulls the plug on Arctic exploration

Mon Sep 28, 2015 6:21am EDT

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Tapped out? Shell ending Arctic offshore oil exploration after test well disappoints

Tapped out? Shell ending Arctic offshore oil exploration after test well disappoints

Royal Dutch Shell said early Monday that it was ceasing offshore oil and gas exploration in Arctic waters after a test well yielded unsatisfactory amounts of oil and gas.

The announcement was a huge blow to Shell, which was counting on offshore drilling in Alaska to help it drive future revenue and had poured billions in investment and years of work into the exploratory well. Environmentalists, however, had tried repeatedly to block the project, and welcome the news.

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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

CONTENTS

NAV

Monday, September 28, 2015

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By ETAIN LAVELLE FOR THE DAILY MAIL: PUBLISHED: 22:22, 28 September 2015

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Kamal Ahmed: Business editor: 28 Sept 2015

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Mon Sep 28, 2015 6:21am EDT

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Royal Dutch Shell said early Monday that it was ceasing offshore oil and gas exploration in Arctic waters after a test well yielded unsatisfactory amounts of oil and gas.

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Like this:

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

CONTENTS

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