A proposal to tap the worlds largest oil-shale deposits in the western U.S. by heating rocks until petroleum sweats out has become the latest election-year conflict over energy policy.
Posts under ‘Canada’
EU to vote on oil sands pollution
BBC NEWS: European Union officials are expected to vote on draft legislation that would label Canadian fuel as more polluting than oil from other parts of the world. Oil extracted from “oil sands” is regarded by some as energy intensive and environmentally damaging.
Shell pledges to spend, spend, spend – but gamble leaves City cold
The Times: 3 February 2012 Tim Webb Energy Editor Ambitious plans to boost growth will cost too much and knock Shell off its top spot, the City warned yesterday. Unveiling disappointing results, the Anglo-Dutch oil group further unnerved investors when it said it planned to spend even more heavily on new oil and gas projects. [...]
Oil price could fall to $70 in 2012 amid volatility, Shell warns
Oil prices could fall to $70 a barrel during 2012, from current levels above $110, as high volatility in the economy and energy markets becomes “a fact of life”, Royal Dutch Shell executives said. By Emily Gosden: 3 February 2012 The oil giant unveiled its 2011 results on Thursday, with a 54pc jump in full-year [...]
PetroChina Boosts Shell Ties With 20% Stake in Shale Project
February 02, 2012, 11:40 AM EST By Bloomberg News Feb. 3 (Bloomberg) — PetroChina Co., the countrys biggest energy producer, boosted ties with Royal Dutch Shell Plc after agreeing to buy a 20 percent stake in its Groundbirch shale-gas project in Canada. Shell will remain the operator of the project, Mao Zefeng, the Beijing-based senior [...]
Canadian firm Osisko halts Argentina mining project
John Interesting that a Canadian company in Argentina is apparently far more responsive to local pressure than Shell in Canada, Ireland, Nigeria . If Shell had taken a similar approach to Osisko, development of tar sands, Corrib, and shales would never have occurred. Perhaps Shell could learn something here? (ARTICLE AND COMMENT SUPPLIED BY A REGULAR [...]
Analyst: Nova Scotia offshore just one of Shells interests
January 29, 2012 – 4:35am By JOANN ALBERSTAT Business Reporter Shells renewed interest in offshore Nova Scotia is part of a plan to expand its exploration efforts globally, an industry analyst says. Mark Gilman, an oil and gas analyst with the Benchmark Co., said the petroleum giant has been on a lease-buying spree over the [...]
Canadian Exposure Critical to Growth at Chevron and Royal Dutch Shell
NEW YORK, NY–(Marketwire -01/09/12)- The oil and gas sector is set to play a big political role this election year as President Obama must decide whether or not to approve the controversial Keystone Pipeline which would send tar sands crude from Alberta to Texas. Originally, the Obama administration announced that it would delay a final [...]
Proceed with caution in Alaska
January 03, 2012 After what happened last year when BP’s oil well blew out and dumped millions of gallons of crude into the Gulf of Mexico, the idea of drilling for oil in the frigid Arctic Ocean off northern Alaska sounds risky. Even in the relatively placid and temperate Gulf, it took 86 days to [...]
Hunt for Gas Hits Fragile Soil, and South Africans Fear Risks
In July, the Advertising Standards Authority of South Africa, an independent agency that sets guidelines for media companies, ruled that several of Shells advertised claims including one that said fracking had never led to groundwater contamination were misleading or unsubstantiated and should be withdrawn. Chris Hayward, a South African farmer, says, “If our [...]
Shell Says U.S. Drilling Rig to Stay Shut for Weeks After Leak
By Eduard Gismatullin – Dec 20, 2011 3:23 PM GMT Royal Dutch Shell Plc (RDSA), Europes largest oil company, said a rig will stay shut for weeks after spilling 319 barrels of drilling fluid into the Gulf of Mexico. The company suspended work at the Appomattox discovery, which leaked synthetic and biodegradable drilling mud from [...]
Shell enters shale oil and gas project in Argentina
Shell has agreed to partner with Argentina’s Medanito on a shale oil and natural gas project in southwestern Argentina, with plans to invest at least $200 million over the next five years, a person involved in the deal said Thursday.
Shell Canada sells 250 Gas Stations
Sobeys buys Shell gas stations in Atlantic Canada, Que. The Canadian Press: Thu Dec. 15 2011 2:44:52 PM STELLARTON, N.S. The Sobeys grocery store chain is expanding its gasoline retailing business with the purchase of 250 gas stations in Atlantic Canada and Quebec from Shell Canada. Canada’s second-biggest grocery chain already has gas bars [...]
Group launches ad campaign questioning whether US is ready to drill in Arctic waters
By Dan Joling, The Associated Press: 7 December 2011 ANCHORAGE, Alaska – As the U.S. government takes testimony on proposed offshore petroleum lease sales in the Arctic, a national non-profit organization is buying television ads that question whether current drilling plans should go forward. Pew Environment Group over the weekend paid for national television commercials [...]
Shell Says Exports, Truck Fuel Among Options for U.S. Shale Gas
By Eduard Gismatullin – Dec 7, 2011 12:01 AM GMT Royal Dutch Shell Plc (RDSA), Europes largest energy producer, is weighing options for rising North American natural-gas output including exports and making liquid fuels, Chief Executive Officer Peter Voser said. Shell will double North American gas production in the next three years to the equivalent [...]


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