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Keyword: shell

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  • Shell joins ranks in fight against climate change

    04/11/2014 2:40:07 AM PDT · by lowbridge · 15 replies
    thehill.com ^ | april 10, 2014 | Laura Barron-Lopez
    Oil giant Royal Dutch Shell is taking the road less traveled by supporting strong cuts to greenhouse gas emissions. Shell signed a non-binding document, called the Trillion Tonne Communique, along with 70 other companies like Adidas and Unilever, which calls for ambitious timelines to bring global greenhouse gas emissions to "net zero" by the end of the century. "We recognize that over the long term, net global emissions must trend towards zero. Both of our New Lens Scenarios show that this objective can be realized by the end of this century, but not without action by governments to stimulate changes...
  • Cruz: Harry Reid thinks Koch brothers are the Grinch who stole Christmas

    03/14/2014 8:05:11 AM PDT · by Laissez-faire capitalist · 21 replies
    BizPac Review ^ | 3/14/2014 | Tom Tillison
    As the U.S. Senate took up a bill to provide financial aid to Ukraine, U.S. Senator Ted Cruz, R-Texas, rose to object to an IMF bailout Majority Leader Harry Reid attached to the legislation. In the process he blasted Reid for repeatedly demonizing the billionaire Koch brothers - Reid tried to blame the Koch brothers for halting progress on the Ukraine bill. "I'm beginning to think [the Koch brothers] are a character almost out of Dr. Seuss in the majority leader's mind, they are the grinch who stole Christmas in his telling," Cruz said. Cruz accused Reid of "using his...
  • Pioneer Flourishes in U.S. Shale Fields Where Shell Floundered

    03/11/2014 10:15:31 AM PDT · by ckilmer · 3 replies
    Pioneer Flourishes in U.S. Shale Fields Where Shell Floundered By Joe Carroll Mar 10, 2014 7:00 AM ET Pioneer Natural Resources Co. (PXD), the top energy stock in the S&P 500 last year, is tripling drilling in shale fields as international energy explorers five times its size recoil from losses on the U.S. oil renaissance.Pioneer is expanding its fleet of drilling rigs in the northern part of Texas’ Spraberry field to 16 from five this quarter after striking reservoirs so rich that some wells are expected to pump as much as 1 million barrels of crude during their lifespans. Pioneer’s...
  • Why Independent Producers Are Vastly Outpacing Big Oil

    02/08/2014 11:56:22 AM PST · by ckilmer · 12 replies
    dailyfinance ^ | Feb 8th 2014 2:00PM | David Smith
    Why Independent Producers Are Vastly Outpacing Big Oil by David Smith, The Motley Fool Feb 8th 2014 2:00PMUpdated Feb 8th 2014 2:02PM Energy investors have effectively reached an earnings season tipping point, with the majors having told us about their fourth-quarter and full-year results and most of the independents still preparing to do so. While I obviously can't predict with absolute certainty the impending announcements from the likes of and Whiting Petroleum , they're likely to outstrip those that we've already received from ExxonMobil, Chevron , and Royal Dutch Shell .As for the weaknesses displayed by the majors during...
  • Royal Dutch Shell: hull of world's largest floating oil platform launched in South Korea

    12/03/2013 6:34:43 AM PST · by oxcart · 16 replies
    Fox News/AP ^ | 12/03/13
    <p>Royal Dutch Shell PLC says it has completed building the hull of the world's largest floating facility, which has been constructed to process natural gas off the coast of western Australia.</p> <p>Shell said Tuesday that the 488-meter (1,600 foot) hull of the structure, known as "Prelude," was floated out of the dry dock in Geoje, South Korea where it is being built.</p>
  • Brazil oil auction: Lone bid wins exploration rights

    10/22/2013 5:48:28 PM PDT · by haffast · 1 replies
    BBC ^ | 21 October 2013 Last updated at 17:01 ET | BBC
    The rights to explore Brazil's biggest oilfield have been won at an auction by a consortium led by Brazil's state-run Petrobras, backed by Total, Shell and Chinese firms. The group made the only bid in the auction, offering the minimum share of the surplus production. The Rio de Janeiro beachfront hotel, where the auction took place, was guarded by 1,100 security personnel. Earlier, striking oil workers opposed to the contest clashed with police. Eleven companies had expressed interest in the Libra oilfield, but the Spanish Repsol pulled out on Monday, leaving the five winners as the only ones to present...
  • Is Shell's Shocking Revelation Good News for Tesla?

    10/14/2013 3:11:17 PM PDT · by ckilmer · 46 replies
    fool.com ^ | October 13, 2013 | Tyler Crowe
    Cats and dogs. Oil and water. Name any cliche about polar opposites and they have probably been used to compare the oil industry and electric vehicles. So, it seems almost impossible that an oil company would make the claim that electric vehicles will be the predominant transportation fuel, but Royal Dutch Shell (NYSE: RDS-A ) is making that very claim. Is Shell contemplating going into a new business? Are they playing some kind of Jedi mind trick on us? Let's take a look at some of the things that Shell is saying and see if it is making a compelling...
  • Salazar Rules Blamed for Shells Departure

    09/27/2013 6:44:46 AM PDT · by george76 · 19 replies
    Colorado Observer. ^ | September 26, 2013 | Audrey Hudson
    A decision this week by Shell to shutter its oil shale operation in Colorado to pursue other ventures in Jordan and Canada highlights the difficulties faced by developers in the state as they wrestle with uncertain rules under the Obama administration. Royal Dutch Shell was one of the most successful companies in the state in its efforts to develop a cost-efficient technique to extract oil from shale rock. But the final act of Ken Salazar as Interior secretary earlier this year to rewrite industry rules left companies in limbo with undeterminable royalty rates, and blocked them from obtaining leases for...
  • Noble rig leaves U.S. Gulf for Brazil

    03/04/2011 11:13:03 AM PST · by thackney · 31 replies
    Fuel Fix ^ | March 4, 2011 | Brett Clanton
    Noble Corp. in January announced plans to move one of its deep-water drilling rigs out of the Gulf of Mexico amid a spill-related slowdown in activity. This week, the Swiss-based driller made good on its promise. It loaded the Noble Clyde Boudreaux, an ultra-deepwater semisubmersible, on a ship in Pascagoula, Miss., that will carry the rig 5,000 miles to Brazil, where it has a contract with Shell. That new contract, starting in April, will last for a year and is $290,000 per day less than the previous Gulf lease, Noble said. Noble, Diamond Offshore and other offshore drilling contractors have...
  • IDF fires warning shots into Syria after shell hits Golan

    11/11/2012 4:36:39 AM PST · by RoosterRedux · 13 replies
    jpost.com ^ | 11/11/2012
    The IDF fired warning shots into Syrian territory on Sunday after a mortar shell fired from Syria hit an IDF outpost in the Golan Heights. The incident follows a similar spillover from Syria on Thursday, when a shell from Syria exploded in Moshav Alonei Habashan. "Further attacks [from Syria] will illicit a vigorous response," the IDF Spokesman's Office stated. The military also sent a letter to the United Nations warning Syrian forces to be careful in avoiding fire into the Golan. Just hours earlier, Defense Minister Ehud Barak threatened that Israel would respond should stray Syrian ordnance continue to strike...
  • Man At Center Of Airplane Hoax Arrested At DFW Airport

    09/07/2012 5:32:02 AM PDT · by DFG · 6 replies
    DFW CBS Local ^ | 09/07/12 | Jason Allen
    The man at the center of a hoax that forced a Dallas bound plane to return to Philadelphia Thursday, was arrested when he finally made it to Dallas hours later. Christopher Shell was being held on a warrant from an area agency according to DFW Police. Online court records in Collin County show he failed to show up for a court appearance in January on a misdemeanor charge for marijuana possession in McKinney.
  • Heavy ice could delay start of Shell Alaska's Arctic drilling

    05/27/2012 8:44:27 AM PDT · by King_Corey · 15 replies
    Los Angeles Times via Miami Herald ^ | Saturday, 05.26.12 | KIM MURPHY
    The heaviest polar ice in more than a decade could postpone the start of offshore oil drilling in the Arctic Ocean until the beginning of August, a delay of up to two weeks, Shell Alaska officials said. Unveiling a newly refurbished ice-class rig that is poised to begin drilling two exploratory wells this summer in the Beaufort Sea, Shell executives said Friday that the unusually robust sea ice would further narrow what already is a tight window for operations. The company's $4-billion program is designed to measure the extent of what could be the United States' most important new inventory...
  • CA GOP decries Legislature passing 'shell' bills

    03/27/2012 1:26:47 PM PDT · by CounterCounterCulture · 9 replies
    San Jose Mercury News ^ | 22 March 2012 | Don Thompson
    SACRAMENTO, Calif.Republican state lawmakers stood in united but futile opposition Thursday to the practice of approving empty bills that contain no real legislation but will be amended later to include budget legislation. Democrats, who control both houses, each approved several so-called "shell" billsthe Senate 40 of them, and the Assembly 38. The bills contain no actual budget details but will be amended later to include specific language needed to enact the budget for the fiscal year that begins July 1. Passing the bills now makes it quicker and easier to approve a state spending plan before the constitutional deadline in...
  • Former Shell Oil President: We Wont Have Enough to Fill Gas Tanks No Matter the Price

    03/13/2012 10:42:03 AM PDT · by Nachum · 54 replies
    CNS News ^ | 3/13/12 | Melanie Hunter
    Former Shell Oil President John Hofmeister predicted that the U.S. wont have enough oil to fill gas tanks whatever the price and that high gas prices could lead to another recession, because people wont be able to buy things. The host of Washington Journal asked Hofmeister if he agreed with the head of ExxonMobil, Rex Tillerson, that the U.S. wont see $5 a gallon gas and that the rhetoric over Iran is responsible for driving up gas prices temporarily. Theres a lot of views out there, and Ive been articulating a $5 price.
  • Shell losing $1 billion a year on U.S. Gulf drilling delays

    02/02/2012 8:07:08 PM PST · by Nachum · 11 replies
    Fuel Fix ^ | 2/2/12 | bloomberg
    Royal Dutch Shell Plc, Europes largest oil company, is losing about $1 billion a year from drilling delays in the Gulf of Mexico since the 2010 Macondo disaster. Shells production in the region will be curbed by about 50,000 barrels of oil equivalent this year, similar to 2011, Chief Financial Officer Simon Henry said. The company expects to return to planned operations off the Gulf coast by 2014. The cash flow implications are a billion dollars or more per year relative to where we want to be, Henry said in London today. We are catching up. The company, which in...
  • Groups appeal Shell air permit granted by EPA (for offshore drilling in Arctic waters)

    10/24/2011 6:47:25 PM PDT · by NormsRevenge · 10 replies
    SFGate.com ^ | 10/24/11 | AP
    Anchorage, Alaska (AP) -- Alaska Native and environmental groups are challenging a federal air permit granted to Royal Dutch Shell PLC for offshore drilling in Arctic waters. Shell hopes to drill exploratory wells next summer off Alaska's northern coasts. The Environmental Protection Agency issued an air permit Friday for a Shell drill ship called the Kulluk.
  • Cat Learns to Play the Shell Game (Video)

    10/13/2011 11:56:06 AM PDT · by dickmc · 14 replies
    break ^ | June, 2011 | unknown
    Cat actually plays the shell game. Worth watching. Video was on one of the TV channels this morning. Video is at http://www.break.com/index/cat-learns-to-play-the-shell-game-2065317.
  • Oil firms bet on survival of Syria's Assad

    09/01/2011 8:26:46 AM PDT · by Pan_Yan · 5 replies
    Reuters ^ | Thu Sep 1, 2011 7:52am EDT | Jessica Donati and Dmitry Zhdannikov
    LONDON, Sept 1 (Reuters) - Oil companies in Europe are betting on the survival of President Bashar al-Assad in Syria, in sharp contrast to their support for Libya's opposition six months ago, even while the European Union is expected to soon slap oil sanctions on Damascus. ... Royal Dutch/Shell (RDSa.L) is expected to load its Neverland Star tanker with crude oil cargo in the port of Banias over the weekend. The tanker was in Alexandria in Egypt on Thursday, just a day away from the Syrian port. The company operates a joint venture with Syria's state oil company and a...
  • Mid-air blast tank shell winner of Defense Prize (Israel)

    07/10/2011 9:13:04 PM PDT · by sukhoi-30mki · 10 replies · 1+ views
    The Jerusalem Post ^ | 07/06/2011 | YAAKOV KATZ
    Mid-air blast tank shell winner of Defense Prize By YAAKOV KATZ 07/06/2011 21:29 Kalanit can explode midair over hiding terrorists and can breach concrete walls; shell has been successful in hitting Gaza terror cells. What makes the Kalanit unique is the crews ability to choose between two different modes for the way it wants the shell to detonate. It can be shot just above anti-tank cells which usually cannot be effectively targeted by standard tank shells then stops in midair and explodes into six different charges scattering thousands of deadly fragments. The shell can also be used against...
  • Shell Links Crude Oil Theft to International Syndicate

    07/05/2011 3:44:55 PM PDT · by chemicalman · 4 replies
    TMCNews ^ | Jul 05, 2011 | COMTEX
    Shell Petroleum development Company of Nigeria (SPDC) has linked the rampant cases of crude oil theft in the Niger Delta to international criminal network, and called on all stakeholders to take urgent steps to check the dangerous trend.According to SPDC, sabotage and crude oil theft was the cause of 22,310 barrels spilled from its facilities in 112 incidents in 2010, representing an average of about one spill every three days. However, 5,270 barrels was due to 32 operational problems, arising from equipment failures recorded during the period. Chairman of Shell Companies in Nigeria and Managing Director of SPDC, Mr. Mutiu...
  • EPA sets Shell Alaska emissions task

    07/03/2011 1:32:16 PM PDT · by Hojczyk · 16 replies
    Upstream Online.com ^ | July 1,2011 | EPA sets Shell Alaska emissions task
    The green regime has slashed the amount of air pollutants allowable from the supermajor at its Beaufort and Chukchi plays by 50% from the original set of permits. Anglo-Dutch outfit must obtain permits from US authorities as it proposed drilling activities off Alaska would emit more than 250 tonnes of air pollutants a year, the EPA wrote in a statement today. The revised permits have reduced emissions of most key air pollutants by more than 50% from the levels allowed in the 2010 permits. These reductions are largely due to the new NO2 standard that went into effect after the...
  • We're gonna need a bigger boat: Shell builds floating oil refinery 6x aircraft carrier

    05/20/2011 3:29:29 PM PDT · by Teflonic · 31 replies
    The Daily Mail ^ | 5/20/11 | Daily Mail Reporter
    It will be the largest floating object in the world - the length of four football pitches and weighing as much as six aircraft carriers. Shell today announced plans to build a giant floating gas refinery, named the Prelude, in a project that will cost $10billion. The ship will allow gas extracted by drilling rigs and platforms far out at sea to be transferred to the ship for processing- removing the need for pipe lines to a refinery on land. It means the company will be able to drill for gas in new fields hundreds of miles from the nearest...
  • Energy in America: EPA Rules Force Shell to Abandon Oil Drilling Plans

    04/25/2011 6:28:52 AM PDT · by thackney · 77 replies
    Fox News ^ | April 25, 2011 | Dan Springer
    Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPAs Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight. Shell has spent five years and nearly $4 billion dollars on plans to explore for oil in the Beaufort and Chukchi Seas. The leases alone cost $2.2 billion. Shell Vice President Pete Slaiby says obtaining...
  • Study Lists Alaska Arctic OCS Development's Potential Benefits [54,700 Jobs/Yr, $145B Payroll]

    02/24/2011 9:54:04 PM PST · by fight_truth_decay · 4 replies
    Oil &Gas Journal ^ | Feb 24, 2011 | Nick Snow
    Development of resources in the Chukchi and Beaufort seas off Alaskas Arctic coast would create an average 54,700 jobs/year nationwide with a $145 billion total payroll and generate $193 billion in federal, state, and local revenue over 50 years, according to a study by Northern Economics Inc., Alaskas largest private economic consulting firm, and the University of Alaska at Anchorages Institute of Social and Economic Research. Commercial production of Arctic Alaska offshore oil and gas resources would generate government revenue estimated at $97 billion (in 2010 dollars) in the Beaufort Sea and $96 billion in the Chukchi Sea over 50...
  • Ex-Shell Head Says Energy Policies Choke Economy

    02/12/2011 5:26:28 AM PST · by thackney · 20 replies
    Houston Chronicle via Rig Zone ^ | February 11, 2011 | Heather Caygle
    Former Shell Oil Co. president John Hofmeister said that the Obama administration's energy policies and regulations are strangling the U.S. economy and preventing the country from decreasing its dependence on foreign oil. Testifying before the House Energy and Power Subcommittee, the Houston businessman blamed the administration for restricting offshore drilling after the oil spill in the Gulf of Mexico last year. "I believe that the decline" in drilling in the Gulf of Mexico "will be sharper and deeper than what anyone is currently projecting," he told lawmakers. "We have made a horrible error as a country." Hofmeister was one of...
  • Shell scraps bid to drill off Alaskas coast this year

    02/03/2011 8:15:21 PM PST · by Nachum · 9 replies · 2+ views
    The Hill ^ | 2/3/11 | Ben Geman
    Shell Oil announced Thursday that it's abandoning efforts to drill in icy waters off Alaskas northern coast this year, a decision that prompted Alaska's senators to accuse the Obama administration of blocking access to large domestic supplies. The companys plans to drill in Arctic waters have long been under attack from environmental groups. The Interior Department, after the BP oil spill, halted the oil giants plan to drill in 2010. Now the company which is awaiting air quality permits and Interiors permission is throwing in the towel on 2011 too. The Houston Chronicle reports:
  • Ex Shell president sees $5 gas in 2012

    12/27/2010 1:40:03 PM PST · by Nachum · 99 replies · 3+ views
    CNN/Money ^ | 12/27/10 | Laurie Segall
    New York - The former president of Shell Oil, John Hofmeister, says Americans could be paying $5 for a gallon of gasoline by 2012. In an interview with Platt's Energy Week television, Hofmeister predicted gasoline prices will spike as the global demand for oil increases. "I'm predicting actually the worst outcome over the next two years which takes us to 2012 with higher gasoline prices," he said.
  • Total, Shell, Statoil, Eni Pull Out of Iran

    10/02/2010 9:44:30 AM PDT · by epithermal · 9 replies
    Rigzone ^ | September 30, 2010 | Dow Jones Newswires
    Energy giants Total, Shell, Statoil and Eni have pledged to end their investments in Iran. The pledges fall in line with tough new energy and financial measures the U.S. Congress imposed on Iran in June, which came atop U.N. Security Council sanctions imposed earlier the same month to curb Iran's nuclear ambitions.
  • 4 firms stop investing in Iran

    09/30/2010 7:49:09 PM PDT · by nuconvert · 1 replies
    WASHINGTON - UNDER threat of US sanctions, European oil firms Total, Shell, Statoil and Eni have pledged to stop investing in Iran in what amounts to a 'significant setback' to Teheran, a US official said on Thursday. The pledges fall in line with new energy and financial measures against Iran that US President Barack Obama signed into law in July in the wake of UN Security Council sanctions imposed in June to curb Iran's nuclear ambitions. 'We have received commitments from four international energy firms to terminate their investments and avoid any new activity in Iran's energy sector,' Deputy Secretary...
  • Pension Shell Games Threaten Market (Papered over irresponsible promises? Investors will flee)

    09/24/2010 9:37:43 PM PDT · by Libloather · 2 replies
    9/22/10
    Link only - Pension Shell Games Threaten Market
  • Shell to court: We're ready to drill Arctic Ocean (ball in 9th U.S. Circuit Court of Appeals hands)

    05/06/2010 4:09:39 PM PDT · by NormsRevenge · 6 replies · 258+ views
    AP on Yahoo ^ | 5/6/10 | William Mccall - ap
    PORTLAND, Ore. (AP) -- Shell Oil is ready to drill in the Arctic Ocean this summer and asked a federal appeals court Thursday to rule quickly on a challenge by environmentalists concerned about the risk of a major spill after the Gulf of Mexico disaster. Kathleen Sullivan, an attorney for Shell, said the company has spent at least $3.5 billion on Alaska operations in the past few years as it prepares for exploratory drilling set for July in the Beaufort and Chukchi seas. "Shell has waited years to recover its investment," Sullivan told a three-judge panel of the 9th U.S....
  • The Elephant In The Corner <Vanity>

    03/19/2010 1:36:12 PM PDT · by Gargantua · 9 replies · 319+ views
    FreeRepublic ^ | Friday, March 19, 2010 | Gargantua
    President OBunga is being allowed to use a sleight-of-hand, and none of his detractors or opponents are calling him on it. Im not referring to his touting the marvelous benefits of his Health Care reforms while glossing over the real-cash implications. Neither am I referring to the smoke-and-mirrors trash given to the CBO for them to use in determining the years-out financial implications. The president (if indeed he legally holds that office, which, with a British-Kenyan father it is impossible to do) claims, employing Josef Goebbels kernel of truth propaganda gambit, that the majority of Americans want many of the...
  • Royal Dutch Shell stops gasoline sales to Iran - trade

    03/10/2010 6:50:04 PM PST · by odds · 4 replies · 257+ views
    Reuters - India ^ | Thu Mar 11, 2010 | Luke Pachymuthu
    DUBAI (Reuters) - Oil major Royal Dutch Shell has stopped gasoline sales to Iran, oil traders said on Wednesday, the latest addition to a growing list of firms that have halted supplies under threat of future U.S. sanctions. The Anglo-Dutch oil firm will join the likes of BP, Reliance Industries, and independent Swiss trader Glencore, among suppliers that have either stopped fuel sales to Iran or have made a decision not to enter into new trading agreements with the world's fifth largest oil exporter. "Shell has stopped selling gasoline to Iran, we have not seen them there for a while...
  • Shell stops selling gasoline to Iran

    03/10/2010 1:33:43 PM PST · by jhpigott · 29 replies · 1,604+ views
    Royal Dutch Shell Plc said Wednesday it has stopped selling gasoline to Iran, the latest company to cease business with a country that is increasingly targeted by US-encouraged sanctions. "We do not currently sell any gasoline to Iran," said Rayiner Winzenried, a Shell spokesman in The Hague. He declined to say when the sales to Tehran were halted or to relate the move to the call for tighter sanctions. (AP)
  • Shell Sees No 'Quick Recovery' As Energy Company Cuts 5,000 Jobs

    10/29/2009 3:02:51 PM PDT · by blam · 1 replies · 320+ views
    The Telegraph (UK) ^ | 10-29-2009 | Rowena Mason
    Shell Sees No 'Quick Recovery' As Energy Company Cuts 5,000 JobsRoyal Dutch Shell is not expecting a quick recovery after shedding 5,000 jobs in a global restructuring and seeing profits drop 73pc on lower oil and gas prices. By Rowena Mason Published: 7:59AM GMT 29 Oct 2009 Europes biggest energy company made $2.99bn in profits on a cost of supplies basis a measure that strips out the effect of changing inventories slightly beating analyst expectations. Revenue fell 43pc to $76bn. Peter Voser, the chief executive who took over in July, said 5pc of the oil giants staff would...
  • Congress Apologizes To Oil Company Execs (NOT!)

    07/30/2009 4:08:15 PM PDT · by jay1949 · 2 replies · 223+ views
    Annuit Coeptis ^ | July 30, 2009 | Jay Henderson
    What a difference a year makes. In 2008, we were treated night after night to video clips of the obscene spectacle of Congresspersons berating oil company executives because Big Oil was making a profit. There was talk of Excess Profits Taxes, and endless posturing punctuated with faux indignity. Okay, fast forward to now, and try to pick out the phony headline . . .
  • In Climate Controversy, Industry Cedes Ground

    01/23/2007 10:19:12 AM PST · by Tolerance Sucks Rocks · 28 replies · 1,119+ views
    Wall Street Journal ^ | January 23, 2007 | Jeffrey Ball
    The global-warming debate is shifting from science to economics. For years, the fight over the Earth's rising temperature has been mostly over what's causing it: fossil-fuel emissions or natural factors beyond man's control. Now, some of the country's biggest industrial companies are acknowledging that fossil fuels are a major culprit whose emissions should be cut significantly over time. A growing number of these companies are pushing for a mandatory emissions limit, or "cap." Some see a lucrative new market in clean-energy technologies. Many figure a regulation is politically inevitable and they want to be in the room when it's negotiated,...
  • The Money and Connections Behind Al Gores Carbon Crusade

    10/13/2007 4:35:26 PM PDT · by calcowgirl · 69 replies · 3,134+ views
    Human Events ^ | 10/03/2007 | Deborah Corey Barnes
    Al Gores campaign against global warming is shifting into high gear. Reporters and commentators follow his every move and bombard the public with notice of his activities and opinions. But while the mainstream media promote his ideas about the state of planet Earth, they are mostly silent about the dramatic impact his economic proposals would have on America. And journalists routinely ignore evidence that he may personally benefit from his programs. Would the romance fizzle if Gores followers realized how much their man stands to gain? Earlier this year Gore experienced a notable public relations debacle. The Tennessee Center for...
  • Saro Wiwa: Shells Trial Begins Today (Hanged Activist's Family Takes on Co. in Landmark U.S. Trial)

    05/27/2009 1:13:35 PM PDT · by nickcarraway · 5 replies · 414+ views
    This Day ^ | 05.27.2009 | Ejiofor Alike
    The trial of Anglo-Dutch super major, Shell, over its alleged complicity in the death of Mr. Ken Saro-Wiwa, leader of the Movement for the Survival of the Ogoni People (MOSOP), will begin today. Lawyers from the company will today represent the oil major in a New York court as it faces charges that it colluded in human rights abuses and torture in the Niger Delta which led to the hanging in 1995 of Ogoni campaigner and renowned poet, Saro-Wiwa. The troubled oil giant had refused to comment on the court case ahead of the hearings, but the continued flaring of...
  • Gazprom gets major deal to supply gas to US

    04/09/2009 2:26:23 PM PDT · by Tailgunner Joe · 7 replies · 577+ views
    AP ^ | April 9, 2009
    The world's largest natural gas company, Russia's Gazprom, has after years of attempts finally gotten a foothold in the U.S., the world's biggest gas market. A supply agreement, part of a multipart contract reached with Royal Dutch Shell, was announced late Wednesday. The contract, signed in Moscow by Gazprom CEO Alexei Miller and his Shell counterpart Jeroen Van der Veer, guarantees the two companies will deliver 1 million tons of Russian liquefied natural gas annually until 2028. Under the arrangement, Gazprom gets access to a Shell terminal in Baja California, Mexico, that will turn Russian liquefied gas into gas that...
  • Shell dumps wind, solar and hydro power in favour of biofuels

    03/19/2009 10:03:24 AM PDT · by Fractal Trader · 47 replies · 2,274+ views
    The Guardian (UK) ^ | 17 March 2009 | Tim Webb
    Shell will no longer invest in renewable technologies such as wind, solar and hydro power because they are not economic, the Anglo-Dutch oil company said today. It plans to invest more in biofuels which environmental groups blame for driving up food prices and deforestation. Executives at its annual strategy presentation said Shell, already the world's largest buyer and blender of crop-based biofuels, would also invest an unspecified amount in developing a new generation of biofuels which do not use food-based crops and are less harmful to the environment. The company said it would concentrate on developing other cleaner ways of...
  • Shell Considering Oil Projects in Iraq

    11/25/2008 7:09:07 PM PST · by St. Louis Conservative · 1 replies · 237+ views
    Neftegaz ^ | November 25, 2008 | Staff
    Royal Dutch Shell Plc, Europe's largest oil company, is examining possible oilfield projects in Iraq as the nation prepares to issue exploration permits next year, Chief Executive Officer Jeroen van der Veer said today. Shell may bid for Iraqi fields in the first half of 2009, van der Veer told reporters at a conference in London. Iraq expects to award contracts by June in its first oil-licensing round since the U.S. invasion in 2003, Oil Minister Hussain al- Shahristani said last month. "They've just issued the rules on how to bid,'' van der Veer said. "It's quite complicated; we will...
  • Shell Oil to try cutting cigarette sales to minors

    10/09/2008 10:46:30 AM PDT · by nickcarraway · 14 replies · 465+ views
    Forbes ^ | 10.09.08
    Vermont Attorney General William Sorrell says Shell Oil Products U.S. has agreed to take steps to reduce cigarette sales to minors at 13,000 gas stations, including 76 in Vermont.
  • Slow Motion Tank Shot Shows How Its Destructive Power Works (Shotgun like Shell for Tanks)

    10/05/2008 10:04:59 AM PDT · by Reaganesque · 26 replies · 2,590+ views
    Gizmodo.com ^ | 10/04/08 | Jesus Diaz
    Click here for video. This terrifying slow motion video shows the destructive power of a tank canister shot, blazing across an entire battlefield. It's so spectacularly crystal-clear that you can easily understand why it is one of the most feared weapons by infantry soldiers. The canister shot is not new, however. This simple and incredibly effective technology has been wreaking havoc in ground fronts since the Napoleonic Wars. Designed to create a destructive cloud to do major damage on a large group of soft bodies, the canister shot has played a central role in ground battles since the 18th century....
  • Nigeria - Rebels claim to have destroyed a major Shell oil pipeline

    09/18/2008 2:33:57 PM PDT · by HAL9000 · 12 replies · 752+ views
    AFP via translation | September 18, 2008
    Nigeria: The main armed group claims to have destroyed a Shell pipeline LAGOS - The main armed group in southern Nigeria, Mend said they had destroyed Thursday evening a "significant pipeline" and belonging to Anglo-Dutch company Shell. At 17:30 GMT, "fighters of the Movement for the Emancipation of the Niger Delta have destroyed with powerful explosives, a major oil pipeline belonging to Shell Development Company," in Rivers State in southern Nigeria's oil, said a press release the group.
  • Shell Perdido Spar Arrives in GOM; Deepest Oil Development in the World

    08/19/2008 7:32:58 AM PDT · by Red Badger · 9 replies · 1,516+ views
    www.greencarcongress.com ^ | 08/19/2008 | Staff
    The Perdido spar will bring production in from three fieldsGreat White, Silvertip and Tobagowith a production design of 130,000 boe/day. The Shell-operated Perdido Regional Development Spar has arrived in the ultra-deep waters of the Gulf of Mexico (GOM) and is currently being secured to the seafloor in 7,816 ft (2,382 m) of water, a process that will take about one month. Perdido will be the deepest oil development in the world, the deepest drilling and production platform in the world and have the deepest subsea well in the world to date. Other partners in the joint venture are BP...
  • Former Shell CEO Blasts Government for Restricting Free Market

    07/15/2008 2:15:34 PM PDT · by Rufus2007 · 4 replies · 116+ views
    businessandmedia.org ^ | July 15, 2008 | Jeff Poor
    The consequences for federal restrictions on oil and gas exploration go beyond just higher gas prices, interfering with the basic free-market principle of allowing enterprise to meet demand by providing a supply, according to former Shell Oil CEO John Hofmeister. Hofmeister, who is the founder and CEO of the recently-formed advocacy group Citizens for Affordable Energy, appeared on CNBCs July 15 Squawk Box. He criticized government for 30 years of inaction. I think if you look at it in real time looking at it in this month, next month, the following month, the answer is no its not...
  • Shell, Jordan to Sign Production Sharing Deal {Oil Shale}

    07/10/2008 1:54:58 PM PDT · by thackney · 21 replies · 283+ views
    Dow Jones Newswire via Rig Zone ^ | July 10, 2008 | Hassan Hafidh
    Royal Dutch Shell PLC (RDSB) is in the final stages of striking a production sharing agreement with the Jordanian government to explore oil from the country's vast oil shale, a senior official at the state-run Natural Resources Authority said Thursday. "We are about to complete drafting a production sharing agreement with Shell and expected to sign the agreement initially in September this year," NRA's assistant director-general for mining and petroleum, Hisham al-Rabi, told Dow Jones Newswires. The PSA needs the approval of the Jordanian government and parliament, he said. Shell is expected to invest more than $20 billion in the...
  • Colorado's oil shale lures Shell

    05/13/2008 1:42:35 PM PDT · by Entrepreneur · 19 replies · 183+ views
    Houston Chronicle ^ | May 9, 2008 | STEVE LIPSHER
    In its quest to remove oil from western Colorado's shale, Royal Dutch Shell has been buying land and water rights in anticipation of what is likely to be a thirsty new industry. Some officials worry that the demands of the oil-shale industry could drain every drop of the region's remaining water. "On the upper end, we're looking at potentially several hundred thousand acre-feet of water more than people think is commonly available to develop in the Colorado River," said Dan Birch, deputy general manager for the Colorado River Water Conservation District. Shell and other energy companies have amassed tens...
  • Shell pulls out of Iran gas deal

    05/11/2008 3:07:41 AM PDT · by knighthawk · 5 replies · 80+ views
    Iran Focus ^ | May 11 2008 | Tom Bergin/Reuters
    LONDON (Reuters) - Oil major Royal Dutch Shell has pulled out of a planned gas project in Iran, after coming under pressure not to participate from U.S. lawmakers who were concerned about Iran's nuclear programme. A spokeswoman said on Saturday that the world's second-largest non government-controlled oil company by market capitalisation was pulling out of Phase 13 of the giant South Pars gas field but may yet join later stages of the field's development. Shell, Spain's Repsol and the National Iranian Oil Company (NIOC) signed a Memorandum of Understanding in January 2002 to develop Phase 13 in a project to...