shell tabangao refinery life

Saturday, October 3, 2015

Shell may post loss after taking £2.7bn Arctic exploration hit

Oct 3rd, 2015

Shell chief executive Ben van Beurden told The Mail on Sunday just two weeks ago that he was committed to the Arctic

By Jon Rees For The Mail On Sunday: 4 Oct 2015

Shell is set to reveal that quitting the Arctic cost it up to $4.1billion (£2.7billion) in its third-quarter results when it unveils them later this month – in a move that could push the oil giant into reporting a loss.

The firm took investors and its environmental opponents by surprise when it announced last week that it would end its drilling programme in the Chukchi Sea, 150 miles off the north-west coast of Alaska.

It said it had found indications of oil and gas but not enough to justify further exploration.

The TRUTH will set you FREE.

What Shell’s latest move says about Arctic drilling myths

Oct 3rd, 2015

by John Donovan.

No comments yet

By Scott L. MontgomeryOCTOBER 1, 2015

The company’s departure is certainly a pause in a new era of Arctic exploration, but it’s not the end.

After seven years of preparation and several billion dollars spent, Shell has decided to abandon its exploration program in the U.S. Arctic “for the foreseeable future.” This follows barely two months’ drilling in the Chukchi Sea at the company’s Burger J well, located 150 miles northwest of Barrow, Alaska. Evaluation of all data revealed “indications” of oil and gas but not enough to justify further activity in today’s low price environment.

Posted in: Alaska, Arctic, Chukchi Sea, Climate Change, Environment, Forbes,Greenpeace, Gulf of Alaska, Oil, Oil Prices, Oil Spill, Royal Dutch Shell Plc, Shell,United States.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Environment · Oil · Oil Prices · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Shell-BG Deal Could Face Regulatory Sanctions, But Shell Will Do Everything It Can To Save Deal

Oct 3rd, 2015

by John Donovan.

No comments yet

Trefis Team, CONTRIBUTOR: 2 Oct 2015

Ever since announcing the $70 billion deal to acquire BG Group back in April, Royal Dutch Shell Plc. has been busy these last few months obtaining the required merger related approvals from various regulatory authorities. After obtaining the required clearances in Brazil, the U.S., and Europe, the process hit a snag in Australia. This is not surprising as Australia is significantly more affected by the deal in comparison to the other countries. We believe that the Australian competition authority could ask Shell to divest some of its holdings before giving the necessary clearance to the deal and the company could face similar demands from Chinese regulators as well. We also believe that Shell will agree to the conditions imposed (if any) as the company stands to benefit from the merger in the long run. The deal will allow Shell to consolidate its leadership position in the global Liquefied Natural Gas market and increase its exposure towards the exploration and development of deepwater hydrocarbon reserves, primarily the pre-salt reserves offshore Brazil.

Posted in: Australia, BG Group, Brazil, China, Exxon Mobil, Forbes, Gas, LNG, Royal Dutch Shell Plc, Shell.
Tagged: BG Group · China · ExxonMobil · Gas · LNG · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Shell’s Exit From Arctic Oil Drilling

Oct 3rd, 2015

by John Donovan.

No comments yet

LETTER TO THE EDITOR OF THE NEW YORK TIMES

“I am hesitant to pop open the Champagne quite yet…”

To the Editor:

Re “Shell Pulls Plug on Exploration in Alaska Arctic” (front page, Sept. 29):

While the news that Shell has decided to pull out of its controversial Arctic oil exploration effort is cause for celebration for many environmentalists, I am hesitant to pop open the Champagne quite yet.

I find it hard to celebrate knowing that Shell’s withdrawal is the result of an oversaturated oil market fattened on shale oil from the Bakken formation and an OPEC overproduction of 1 million barrels above the cartel’s target output. Shell’s Arctic exit is a business decision in response to low oil prices due to a slowing economy and a glut of supply, both temporary conditions that do nothing to preclude a return to Arctic exploration once these conditions expire.

Posted in: Alaska, Arctic, Climate Change, Environment, New York Times, Oil Prices,OPEC, Pollution, Royal Dutch Shell Plc, Shell, United States.
Tagged: Alaska · Arctic Ocean · Environment · Oil Prices · Royal Dutch Shell Plc · Shell

The TRUTH will set you FREE.

Shell and BP make new inroads in Iran

Oct 3rd, 2015

by John Donovan.

No comments yet

Saeed Kamali Dehghan and Terry Macalister

Friday 2 October 2015 20.30 BST

The possibility of a major British oil company regaining access to one of the world’s great hydrocarbon markets rose on Friday with officials in Tehran saying Shell would be allowed to build 100 petrol stations in Iran.

FULL ARTICLE

TEHRAN, Oct. 3 (MNA) – A number of senior executives of the Anglo-Dutch Shell Oil Company have travelled to Iran to meet and talk with the officials at the National Iranian Oil Company (NIOC).

Accordingly, the senior managers of Royal Dutch Shell Company, commonly known as Shell, are scheduled to stay in Tehran for four days to meet and talk with authorities of NIOC, Oil Ministry’s officials as well as some investors in the private sector.

Posted in: BP, Business Principles, Iran, Oil, Royal Dutch Shell Plc.
Tagged: BP · Iran · 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

Saturday, October 3, 2015

Shell may post loss after taking £2.7bn Arctic exploration hit

Shell may post loss after taking £2.7bn Arctic exploration hit

Shell chief executive Ben van Beurden told The Mail on Sunday just two weeks ago that he was committed to the Arctic

By Jon Rees For The Mail On Sunday: 4 Oct 2015

Like this:

What Shell’s latest move says about Arctic drilling myths

What Shell’s latest move says about Arctic drilling myths

Like this:

Shell-BG Deal Could Face Regulatory Sanctions, But Shell Will Do Everything It Can To Save Deal

Shell-BG Deal Could Face Regulatory Sanctions, But Shell Will Do Everything It Can To Save Deal

Like this:

Shell’s Exit From Arctic Oil Drilling

Shell’s Exit From Arctic Oil Drilling

LETTER TO THE EDITOR OF THE NEW YORK TIMES

“I am hesitant to pop open the Champagne quite yet…”

Like this:

Shell and BP make new inroads in Iran

Shell and BP make new inroads in Iran

Saeed Kamali Dehghan and Terry Macalister

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

NAV

Saturday, October 3, 2015

Shell chief executive Ben van Beurden told The Mail on Sunday just two weeks ago that he was committed to the Arctic

By Jon Rees For The Mail On Sunday: 4 Oct 2015

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LETTER TO THE EDITOR OF THE NEW YORK TIMES

“I am hesitant to pop open the Champagne quite yet…”

Share this:

Like this:

Saeed Kamali Dehghan and Terry Macalister

Share this:

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