Posts under ‘BBC News’

15 May 2013 Last updated at 13:54 David Cameron is extremely concerned by claims of price fixing by major oil companies, Downing Street has said. The prime minister’s spokesman said it was “deeply worrying” if prices have been driven up for consumers. Oil giants including BP and Shell are facing claims they have been fixing [...]

2 May 2013 Oil giant Royal Dutch Shell has reported profits of $7.95bn (£5.1bn) for the first quarter of 2013, up 3.5% from a year earlier. Strong refining and trading performances boosted profits, despite production troubles in Nigeria. The company also announced that chief executive Peter Voser would retire in the first half of 2014. [...]

30 April 2013 Anglo-Dutch company Shell has beaten France’s Total to a multi-billion-pound deal to develop a gas field with the Abu Dhabi National Oil Company (ADNOC). The two companies will develop the Bab field, a potentially tricky project because it contains so-called sour gas, a poisonous and foul smelling product. The project, which could [...]

A vote in the EU has paved the way for the European Commission to restrict the use of pesticides linked to bee deaths in scientific studies. There is great concern across Europe about the collapse of bee populations. Neonicotinoid chemicals in pesticides are believed to harm bees and the European Commission says they should be [...]

This BBC article relates to our recent posting “We wondered who was killing off all the bees: Shell?” The issue in contention is whether neonicotinoids, first developed by Shell Oil in the 1980s to replace the highly toxic organophosphorus insecticides, are in fact lethal to honeybees and songbirds. By Matt McGrath Environment correspondent, BBC News: [...]

27 February 2013 Last updated at 22:40 Royal Dutch Shell has said that it will suspend its offshore drilling programme in the Arctic for the rest of 2013 in order to give time to ensure safety. The decision to pause drilling for oil in the Chukchi and Beaufort Seas off Alaska was widely expected, following [...]

31 January 2013 Last updated at 07:41 Annual profits at Royal Dutch Shell have fallen to $27bn (£17bn), from $28.6bn in 2011. Profits for the last three months of the year rose to $7.3bn, against $6.5bn, but Shell was hit by generally weaker oil and gas prices during 2012. Peter Voser, chief executive of Europe’s [...]

A Dutch court has rejected four out of five allegations against Anglo-Dutch oil giant Shell over oil pollution in Nigeria’s Niger Delta region. But it found a subsidiary of the firm, Shell Nigeria, responsible for one case of pollution, ordering it to pay compensation to a Nigerian farmer. 30 January 2013 Last updated at 13:02 [...]

CURRENT NEWS – BLACKLISTING: As could be expected, Shell was a pioneer in this evil, sinister and totally unethical conduct, detailed in an article we published 2 years ago: “Shell’s North Sea history of safety violations, blackmail and blacklisting.”  By John Donovan “At last the scandal of the illegal blacklisting of so-called troublesome workers in [...]

16 January 2013 Last updated at 07:31 A pipeline system servicing up to 27 oil fields has been shut down after a leak on the Cormorant Alpha platform, north-east of Shetland. The fields affected, and another eight associated platforms, produce up to 6% of the UK’s oil and gas output. Hydrocarbons were detected inside a [...]

MPs on the all-party Environmental Audit Committee say the UK has a moral responsibility. The committee held an enquiry into protection of the Arctic last year. As part of the investigation they questioned Shell. They are now recalling the firm for enquiries since its drill rig Kulluk ran aground in Alaska this month. By Roger [...]

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Kashagan – a giant offshore oil field in the Caspian Sea – The project is better known (in Shell circles) as “Cash all gone” 7 December 2012 By Rayhan Demytrie BBC News, Kashagan oil field, Kazakhstan t has cost $46bn (£28.8bn) to develop Kazakhstan’s most ambitious project, Kashagan – a giant offshore oil field in [...]

Monday, 3 December 2012 Royal Dutch Shell’s chief executive Peter Voser says the US economy is set for a revolution as the country becomes self-sufficient in energy. He tells HARDtalk’s Sarah Montague that as new oil discoveries and shale gas comes on stream, jobs will move back to the US from abroad, manufacturing costs will [...]

From the BBC News Archive: Shell delays shareholder meetings Oil giant Shell is pushing back the dates of its shareholder meetings amid ongoing uncertainty about its estimates of oil reserves. Friday, 26 November, 2004, 10:36 GMT The world’s third largest oil company said its shareholder meetings due in April will now take place on 28 [...]