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Posts from ‘February, 2011’

Big Oil Bangs the Drum for Natural Gas

THE WALL STREET JOURNAL: THE SOURCE By James Herron: 8 February 2011 Oil prices may have stormed back into the headlines by crossing the ominous $100 a barrel threshold in recent weeks. But while this has happening the world’s largest oil and gas companies have been banging the drum for an altogether less newsworthy fuel–natural [...]

Royal Dutch Shell fracking controversy

COMMENT BY AN OUTSPOKEN FORMER EMPLOYEE OF SHELL OIL USA Reference the articles on the South African Karoo region shale gas production controversy, I have to side with Royal Dutch Shell, et al, on this issue. I could write you a commentary on the hydraulic fracturing (‘frac’ing’) process and what it does, but it would [...]

Shell weighs LNG options with Gazprom

UPI.com Published: Feb. 8, 2011 at 7:31 AM MOSCOW, Feb. 8 (UPI) — Royal Dutch Shell could hand some of its assets in Asia over to Russia’s Gazprom in an effort to expand liquefied natural gas options, sources said. Shell executives are said to be eager to add a third LNG unit at the Sakhalin-2 [...]

Oil giant Shell’s shale gas plans stir controversy

By Justine Gerardy (AFP) 8 February 2011 CAPE TOWN — Energy giant Royal Dutch Shell is targeting potential untapped shale gas reserves in coal-hungry South Africa where landowners – including a Dutch princess – are readying for a showdown. Shell applied in December to explore 90,000 square kilometres — twice the size of Denmark — [...]

Shell Executives Convert Maximum Allowance of Bonus Into Shares

By Eduard Gismatullin – Feb 7, 2011 6:35 PM GMT+0000 Royal Dutch Shell Plc’s Chief Executive Officer Peter Voser and five other executives agreed to convert the maximum proportion of their bonus into stock. Voser got 50 percent of his 2010 bonus, or the equivalent of 1.875 million euros ($2.55 million), converted into 73,457 class-A [...]

Royal Dutch Shell really wants to frack up the Karoo

THE DAILY MAVERICK Several oil companies hope to prospect the Karoo for natural gas using suspect methodologies which have farmers and townsfolk alike up in arms. The latest developments suggest the department of minerals is willing to put the prospecting process on hold – a concession that is nowhere near enough to placate the growing [...]

Shell Risks Paying Damages as Face-Off With AI, FoEI Worsens

Daily Independent (Lagos) 7 February 2011 Lagos — Royal Dutch Shell at the weekend continued its defence on allegation of environmental and human rights impacts in Nigeria even as the controversy of the company’s alleged cover up of 44, 000 barrels oil spill continued. Shell stands the chance of paying damages if found guilty of [...]

Shell Said to Offer Gazprom Assets to Gain LNG Plant Expansion

By Anna Shiryaevskaya – Feb 7, 2011 9:00 PM GMT+0000 Royal Dutch Shell Plc may offer OAO Gazprom assets in Asia in exchange for a deal to expand Russia’s only liquefied gas export plant, part of talks on a wider global alliance, said people with knowledge of the negotiations. Shell wants to add a third [...]

Overnight ‘crippling load’ on Royal Dutch Shell plc.com website

By John Donovan As regular visitors will be aware, this website, which is operated on a dedicated high traffic server hosted in the USA,  is being brought down on a regular basis. By coincidence or otherwise,  it often seems to happen when we publish negative information about Royal Dutch Shell, such as in WikiLeak cables, [...]

Invitation by Shell to a Malaysian jail cell

Article by Alfred Donovan By June 2006 Shell Malaysia legal boss, Thavakumar Kandiah Pillai (right), had got himself into a most dreadful mess. Two years earlier he had advised EIGHT different companies, all within the Royal Dutch Shell Group, to bring a collective defamation action against a former Shell Malaysia Production Geologist, Dr John Huong. [...]

US court upholds key Shell ruling in Nigeria case

In a divided vote that prompted a bitter debate among some of its judges, the court left intact what some legal experts call a landmark ruling in September that companies cannot be liable in U.S. courts for violations of international human rights law.

The plaintiffs, families of seven Nigerians who were executed by a former military government for protesting Shell’s exploration and development, had sought to recover from the oil giant under a 1789 U.S. law known as the Alien Tort Statute.

Shell: No Beaufort Sea drilling in Arctic for 2011

Shell Alaska Vice President Pete Slaiby (right) speaks at a news conference on Thursday, Feb. 3, 2011, at Shell offices in in Anchorage, Alaska. Shell Alaska has dropped plans to drill exploratory wells in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, Slaiby said [...]

Shell horror story in Nigeria

By an outspoken former employee of Shell Oil USA When I was in my teens I can remember watching what is now a cult sci-fi flick called ‘Invasion of the Body Snatchers’. It is story about aliens who come to earth as plants and the seed pods turn into replicas of humans, but they aren’t, [...]

Shell profit doubles but shares fall on production problems

The Telegraph Friday 04 February 2011 Despite higher oil prices helping double profits at Royal Dutch Shell this year, the energy giant’s share price has sunk 3pc on production problems and delays to its US Arctic drilling. Shell has seen a number of major projects from Qatar to Brazil start producing oil and gas this [...]

Citing Delays, Shell Ends Plans for Arctic in 2011

By CLIFFORD KRAUSS A version of this article appeared in print on February 4, 2011, on page B6 of the New York edition. A Shell tanker refueling a jet at Manchester Airport in England. The company has invested $3.5 billion to drill in Alaska. Photo Credit: Phil Noble/Reuters HOUSTON — Faced with continued regulatory delays, [...]