WARRI, Nigeria (AP) — Shell Nigeria refused Monday to confirm a report by the Niger Delta Avengers militant group that it has bombed the company’s Bonny oil pipeline and again crippled its exports. Friday night’s bombing breaks a month-long ceasefire between militant groups and the government and comes days after repairs from an earlier attack had allowed Shell’s exports to ...
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Shell to cut at least another 2,200 jobs globally
LONDON (AP) — Anglo-Dutch oil company Royal Dutch Shell says it will trim at least 2,200 jobs globally amid challenging times in the oil industry. The losses are in addition to cuts already being implemented because of the energy company’s merger with BG. The losses will include some 475 positions in the North Sea. Oil companies around the world are ...
Read More »Officials investigating Shell’s unsettling discovery
If there’s valuable lesson we can retain from the movie Poltergeist, it’s that developing over the burial ground for the dead can certainly throw a wrench in your plans. Shell Chemicals seemed to take the cue when human remains were discovered at the site of its proposed ethane cracker plant in Potter Township, Pennsylvania. The Times Online reports two skulls ...
Read More »Analysis: ‘Right-sizing’ is buzzword amid oil price slump
SINGAPORE — The dramatic slump in crude oil prices over the past year or so has cast a huge pall over the once-buoyant offshore and marine sector. Oil has plunged to below US$50 a barrel from a high of $115 in June last year and this has caused super oil majors such as BP, Chevron and Shell to tear up ...
Read More »Devon, Denbury, Shell and Vine O&G unlock automation opportunity
Shale production has rocketed from 100 kboe/d to 7,500 kboe/d in less than 10 years. During the same time, shale plays across North America have seen hugely impactful developments, with drilling costs declining and productivity per well increasing. The adoption of digital technologies has been critical to this, supporting the fact that the digital oilfield services market is set to ...
Read More »Shell discharged 163 tons worth of toxic gas at Deer Park facility
Last Sunday morning, over 300,000 pounds worth of toxic gas was accidentally released into the air at the Deer Park Shell Oil facility. According to reports from the Texas Commission on Environmental Quality (TCEQ), the emission hazard in Southeastern Texas was occurred at approximately 10:40 am at the Shell Deer Park site. Operating personnel discovered the leak roughly 15 minutes ...
Read More »Shell CEO says ‘personal journey’ led to Arctic exploration
LONDON — The CEO of Royal Dutch Shell says he decided to drill for oil off the coast of Alaska after a careful evaluation of the risks. In an interview with the BBC broadcast Wednesday, Ben van Beurden says that although drilling in the Arctic carries an “increased risk profile” because of the fragile environment, the reservoir Shell is exploring ...
Read More »America and China friending over fracking
Americans and Chinese companies are friending each other over fracking. This might seem odd unless you’ve heard about China’s dependence on coal, and there are large amounts of untapped natural gas reserves within their boundaries. China’s current energy mix is problematic, making natural gas a popular area for development. According to the U.S. Energy information Administration, “China produces and consumes ...
Read More »Shell eyes new Brazilian assets ahead of BG deal
LONDON – Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70 bln deal. Despite a broad drive to cut spending in the face of persistently low oil prices, Chief Executive Ben ...
Read More »DEP: Requests to void Shell’s air permit have been made
Environmental groups have already begun raining on Shell’s parade and have asked the Department of Environmental Protection (DEP) in Pennsylvania to revoke the company’s air permit for its Beaver County facility. The two groups, Clean Air Council and Environmental Integrity Project have appealed the DEP’s air permit for the potential ethane cracker facility Shell plans to build in Beaver County. ...
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