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Posts Tagged ‘BP’

Heywood Murder Thrusts Employer Hakluyt Into Limelight

The firm was accused in a 2001 Sunday Times article of helping BP Plc and Royal Dutch Shell Plc spy on Greenpeace using a German agent called Manfred Schlickenrieder, who posed as a left-wing film-maker. Free University’s Blancke, who studied the incident, has computer files taken from Schlickenrieder’s room by environmental activists who became suspicious [...]

Shell self-insurance of Arctic drilling risk

COMMENT BY A FORMER SHELL EMPLOYEE I just read your blog about Shell not being able to obtain disaster insurance for its operations in the Arctic. I interpret this to mean that the insurance underwriters, who are pros at this sort of thing, find the probability of an ‘accident’ on the part of Shell during [...]

CSNews Reveals This Year’s Top 100 Convenience Stores

By Don Longo: 17 May 2012 JERSEY CITY, N.J. — 7-Eleven Inc. continues to pull away from the pack as the U.S. convenience industry’s largest chain by number of stores. In the past year, the Dallas-based division of Japanese c-store giant Seven & i Holdings Co. widened its store count lead over Big Oil companies [...]

PROFESSORS LETTER TO SHELL CEO PETER VOSER & SHELL ALASKA VP PETER SLAIBY

HI John and Alfred — First of all, your website is wonderful! And FYI, you may be interested in the attached letter, which I sent to Shell at the Hague and here in Anchorage tonight.  I am trying to pin them down on some commitments prior to their Arctic offshore drilling commences this summer here [...]

Environment: Shell’s readiness on Arctic drilling challenged

Environment: Shell’s readiness on Arctic drilling challenged Posted on May 13, 2012 by Bob Berwyn Conservation group wants SEC to investigate oil company’s statements on plans for oil exploration in the Chukchi Sea By Summit Voice SUMMIT COUNTY — Environmental activists say they want Royal Dutch Shell stockholders to know about all the potential risks and [...]

Sugar Cane Grows on Oil as $71 Billion Bet Outspends D.C.

By Ken Wells – May 10, 2012 5:01 AM GMT+0100 BP Plc (BP/) has invested $7 billion in alternative energy since 2005. Exxon Mobil Corp. (XOM) is spending $600 million on a 10-year effort to turn algae into oil. And Royal Dutch Shell Plc (RDSA) has been buying up sugar cane mills, plantations and refineries to make [...]

Is BP Behind Us or is it an Election Year?

Ken Silverstein May 09, 2012 Is BP behind us or is it an election year? Alaskans, at least, are saying that if Royal Dutch Shell is allowed to explore for oil and gas off its coastline then it would be a bountiful supply line as well as a huge job creator. The debate over whether [...]

Shell’s Alabama Offshore Drilling Plans Challenged In Court

Shell’s Alabama Offshore Drilling Plans Challenged In Court By GREG BLUESTEIN 05/ 2/12 12:59 PM ET ATLANTA — Environmental groups urged an appeals court on Wednesday to block Shell from drilling 10 new deep-water wells off Alabama’s coast, arguing that federal regulators haven’t properly reviewed the risks of undersea drilling in the aftermath of the [...]

Shell’s stance on wind power reveals a profound truth of capitalism

Shell’s stance on wind power reveals a profound truth of capitalism When pushed to choose between profit and survival, the oil giant chooses profit – irrespective of collective consequence Andrew Simms: Tuesday 1 May 2012 15.52 BST They couldn’t “make the numbers work”. There’s something so blithe – and enormously telling – about the excuse [...]

BP and Royal Dutch Shell now $100 billion apart

BP Struggles to Plug Valuation Gap May 1, 2012 By ANDREW PEAPLE BP BP -0.88% and Royal Dutch Shell RDSA.LN +1.14% had similar market values just over two years ago: Now they are $100 billion apart. That difference first opened up thanks to uncertainty over BP’s final legal cost from the Gulf of Mexico oil spill in [...]

Shell Net Little Changed, Projects Offset Lower Output

By Eduard Gismatullin – Apr 26, 2012 7:48 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, reported first-quarter earnings that beat estimates and raised a target for asset sales this year. Excluding one-time items and inventory changes, Shell posted profit of $7.28 billion, compared with the $6.7 billion average estimate of eight [...]

Justice Dept. makes 1st arrest in BP oil spill; ex-engineer accused of obstruction of justice

By Associated Press, Updated: Tuesday, April 24, 7:03 PM NEW ORLEANS — The Justice Department said on Tuesday it filed the first criminal charges in the Deepwater Horizon disaster in the Gulf of Mexico, accusing a former BP engineer of destroying evidence.Kurt Mix, of Katy, Texas, was arrested on two counts of obstruction of justice. The Justice [...]

US Oil Spill Commission Progress Report 17 April 2012

Cover photo credits (left to right, top to bottom): U.S. Fish & Wildlife Service, U.S. Coast Guard, U.S. Navy, Marine Well Containment Company, U.S. Government, U.S. Coast Guard, U.S. Coast Guard. Frontier Areas—The Arctic  (from page 2) Although there has been some progress in implementing the Commission’s recommendations concerning frontier areas, we feel strongly that [...]

The Big Spill, Two Years Later

(Their report also includes a strong note of caution about dangers of drilling in the Arctic, where harsh conditions would present even more difficult challenges in the event of a spill.) Editorial The Big Spill, Two Years Later A version of this editorial appeared in print on April 18, 2012, on page A26 of the [...]

A Tale of Two Oil Slicks

April 13, 2012 By Alexis Flynn On Thursday, Royal Dutch Shell announced it was investigating a potential leak in the Gulf of Mexico. On the same day, it reported a more than sevenfold increase in the amount of crude spilled over the last year in Nigeria, one of its major host countries. But only one [...]