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Posts from ‘February, 2009’

CERA-Shell CEO urges industry to spend through slump

Jeroen van der Veer said oil and natural gas projects still needed serious investment even though weak demand and commodity prices, coupled with exchange rate fluctuations, would “hit bottom lines quite seriously.”

Ray Fox email correspondence with Richard Wiseman, Chief Ethics & Compliance Officer, Royal Dutch Shell Plc

Under all of these circumstances, Shell can rightfully be described as evil, in fact a toxic neighbour from hell.

Royal Dutch Shell Plc Chief Ethics & Compliance Officer Richard Wiseman silent on Shell ethical ratings debacle

Geneva-based Covalence published on 20 January 2009 its annual ethical ranking covering 541 multinationals. According to information on their website “Covalence’ s ethical quotation system is a reputation index based on quantifying qualitative data, which is classified according to 45 criteria such as Labour standards, Waste management, Product social utility or Human rights policy. It is a barometer of how multinationals are perceived in the ethical field.” Out of 541 multinationals surveyed, Shell is ranked near the bottom, at 510 overall, alongside the likes of the tobacco companies and Halliburton.

Email correspondence with Michiel Brandjes, Company Secretary & General Counsel Corporate: 10 February 2009

Despite all the publicity of your web site, and all the evidence compiled by Bill Cambell, exposing the dreadful short comings of Shells North Sea Safety record, they continue in the same vein!

Yampa against Shell’s water request

Leery of Shell Oil’s recent filing for substantial water rights on the Yampa River, the Yampa Town Board voted unanimously Wednesday night to join any official opposition to the plan to pull water from the waterway whose name the town shares.

Royal Dutch Shell still diddling its shareholders

By John Donovan Printed below is a letter received by a UK Shell shareholder from an American Royal Dutch/Shell Transport SEC Distribution Agent advising that a claim submitted in respect of the Royal Dutch Shell reserves fraud settlement is ineligible.  The relevant shareholder is a highly intelligence individual, but has no idea why his claim [...]

Shell owes gov’t P21B in back taxes says Bureau of Customs

MANILA, Philippines – A giant oil firm has been defrauding the government of some P21 billion in taxes and penalties involving the importation of a component of unleaded gasoline since 2006, the Bureau of Customs has claimed.

Shell lodging revised plans for Corrib gas pipeline

Meanwhile, the Government’s new forum on the Corrib gas project is still hoping to engage with community groups in north Mayo who are not happy with its terms of reference and who have not so far participated in the hearings

Alarm over hundreds of offshore incidents

Shell – investigated by the HSE 207 times in the past three years – insisted that safety remains “paramount”. A spokesman said: “Our reliability trends, hydrocarbon release trends and spill trends have improved year-on-year since 2004, reflecting the increased levels of investment and operational scrutiny.”

Interview: Shell eyes Mideast growth, to cut some jobs

Earlier, some employees posted comments on Shell protest website royaldutchshellplc.com saying up to half the jobs at the Dubai operation could go. Dubai is a regional centre for Shell, with more than 600 staff, Restucci said.

A Gamble in Qatar: Royal Dutch Shell is making a huge — and risky — bet on technology that transforms natural gas to diesel fuel

Shell started experimenting with GTL technology during the energy crisis of the 1970s, when it began to search for an alternative to gasoline. In 1993, Shell opened its first GTL demonstration plant in Bintulu, Malaysia. The project was derailed in 1997 by a massive explosion caused by a profusion of carbon molecules in the air as a result of extensive forest fires in Indonesia. It took three years to repair the damage.

Refiners say new technology lets them get more clean fuel out of every barrel of heavy crude

A few companies, such as Royal Dutch Shell PLC, have developed a new generation of catalysts to help refiners use the same equipment to meet new fuel specifications, such as the U.S. mandate to reduce the level of sulfur in diesel. “You can consider the catalysts like the software and the hydrocracker like your PC,” says Carl Mesters, Shell’s chief scientist for chemistry and catalysis. The catalysts allow companies to update their refining process without investing in new hardware.

BG Launches Rival Bid for Pure Energy

The 796 million Australian dollar (US$533.3 million) all-cash bid trumps an existing cash and share offer from Arrow Energy Ltd., which is Royal Dutch Shell PLC’s joint venture partner in Australia.

BG Group bids for Australian gas company

Royal Dutch Shell last year joined forces yesterday with Arrow Energy to develop projects in Australia and international markets when it agreed to invest up to A$776m to buy 30 per cent of Arrow’s coal bed methane acreage in Queensland and 10 per cent of its international assets. Arrow is also a major shareholder in Pure Energy.

Sakhalin Energy terminates offshore support rig contract

Sakhalin Energy Investment Company Ltd has convenience terminated the remaining contract duration for the use of the Safe Astoria accommodation support rig offshore Sakhalin Island in the Russian Federation. Sakhalin Energy had originally contracted the Safe Astoria for a period of around two years from December 2007.