Tag Archive: Royal Dutch Shell


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Trevor MacInnis petroli car:    Fuel barrels   Wikimedia.org

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Matt Clinch

It was a bruising day for Europe’s energy sector Thursday, with the full extent of the pain caused by low oil prices being laid bare in a series of earnings reports.

 

Anglo–Dutch multinational Royal Dutch Shell (RDSA-GB) reported a loss of $6.1 billion, compared with a gain of $5.3 billion for the same quarter a year ago, a decrease of 70 percent. This included a large $8.2 billion write-off due to a downward revision of its oil and gas price outlook and also a decision to halt projects in Alaska and Canada.

Oswald Clint, senior analyst at Bernstein, called these impairments a “necessary evil” which would allow a “new” Shell to emerge that could focus on natural gas and deep water drilling. James Sparrow, a credit specialist at BNP Paribas. called it a “kitchen sinking” exercise ahead of its merger with BG Group (@BGLFDC16J-GB).

The news didn’t stop there. French major Total (FP-FR) reported a 23 percent drop in third-quarter adjusted net income from the same quarter last year, although CEO Patrick Pouyanne spoke of “resilience” in the face of falling oil prices. Analysts were pleased with the results, too. Sparrow, called the numbers “encouraging” while Oswald noted that it had benefited from not having made any big investments into the U.S. shale sector.

 

 

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the guardian

Shell and Exxon’s €5bn problem: gas drilling that sets off earthquakes and wrecks homes

Groningen has been one of Europe’s richest gas fields for 30 years, and thousands of people say their homes have been damaged by the tremors that drilling sets off. Now a class action may finally bring them compensation – and force a rethink of European energy security

Annemarie Heite, whose home in Groningen has been scheduled for demolition after earthquakes caused by oil drilling.
‘Nobody is taking this seriously, not the school or the mayor, no one’ … Annemarie Heite, whose home in Groningen has been scheduled for demolition after earthquakes caused by oil drilling. Photograph: Hans Knikman/Demotix

Five years ago, Annemarie Heite and her husband, Albert, bought their dream home; a traditional 19th-century farmhouse in Groningen province in the northern Netherlands. The couple planned to raise their two young daughters in this charming corner of the Dutch countryside. “Then, the living was still easy, and affordable,” Annemarie says, her tone bittersweet and nostalgic. Today, their house is scheduled for demolition.

Hundreds of earthquakes have wrecked the foundations of the Heites’ home and made it unsafe to live in. Annemarie’s biggest fear is the safety of her daughters. She points to a room. “This is where my children sleep,” she says, “and everyday I’m just picking up pieces of bricks and stuff from the ceiling.”

Heite fears that her children may not be any safer at school. Her daughter Zara goes to a local primary school that has not been structurally reinforced to withstand strong earthquakes. “I feel powerless. It feels like I can’t do anything,” Heite says. “It’s not like I’m a frantic, hysterical person, but nobody is taking this seriously, not the school or the mayor, no one.”

Next door, Heite’s neighbour’s farmhouse is already a pile of rubble, which yellow JCBs are clearing away. “It’s collapsed. It’s gone,” Heite says. “They lived there for 30 years … and over there behind the trees, they demolished another house.”

Farmhouses like Heite’s are disappearing across the Groningen countryside as a peculiar, profound environmental crisis grips the province. At the heart of it are two oil companies, Shell and Exxon Mobil, and a government that, for two decades, denied responsibility for its actions and ignored the voices of citizens and scientists. The scandal has already cost the oil companies €1.2bn [£880m], but last month a landmark court ruling gave the victims fresh hope that their voices could be ignored no longer. And if they are right, the consequences could be profound: a compensation bill that could stretch to more than €5bn in Holland, an energy security headache for Europe, and an invocation for the world to think about the real cost of burning fossil fuels.

Annemarie Heite’s earthquake-damaged family home in Groningen
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‘Everyday I’m just picking up pieces of bricks and stuff from the ceiling’ … Heite’s earthquake-damaged family home. Photograph: Hans Knikman/Demotix

 

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Analysis highlights the small number of profit-driven entities that are driving us towards destruction, but can a climate revolution from below challenge their rule?

– Jon Queally, staff writer

ChevronTexaco was the leading emitter among investor-owned companies, causing 3.5% of greenhouse gas emissions to date, with Exxon not far behind at 3.2%. In third place, BP caused 2.5% of global emissions to date. (Guardian)Narrow it down to the real power-brokers and decision-makers—the CEO’s of fossil fuel companies or the energy ministers from the largest petro-states—says climate researcher Richard Heede, and the actual individuals most responsible for the political world’s continued refusal to address the planetary crisis of climate change “could all fit on a Greyhound bus or two.”

In a newly compeleted study by Heede and his colleagues at the Climate Accountability Institute, their analysis shows that a mere 90 companies, some private and some state-owned, account for a full two-thirds of all greenhouse gas emissions that are now driving perilous rates of global warming.

Offered in advance to the Guardian newspaper, which created an interactive representation of the study’s findings, the report comes as climate negotiators from around the world continue talks in Warsaw, Poland this week in the latest (what looks so far like a failed) attempt to solidify an emissions agreeement designed to stave off the worst impacts of climate change this century.

As the Guardian’s Suzanne Goldenberg reports:

Between them, the 90 companies on the list of top emitters produced 63% of the cumulative global emissions of industrial carbon dioxide and methane between 1751 to 2010, amounting to about 914 gigatonne CO2 emissions, according to the research. All but seven of the 90 were energy companies producing oil, gas and coal. The remaining seven were cement manufacturers.

The list of 90 companies included 50 investor-owned firms – mainly oil companies with widely recognised names such as Chevron, Exxon, BP , and Royal Dutch Shell and coal producers such as British Coal Corp, Peabody Energy and BHP Billiton.

Some 31 of the companies that made the list were state-owned companies such as Saudi Arabia’s Saudi Aramco, Russia’s Gazprom and Norway’s Statoil.

Nine were government run industries, producing mainly coal in countries such as China, the former Soviet Union, North Korea and Poland, the host of this week’s talks.

Though the global public has been flooded with one scientific research paper after another warning of the perils of not addressing the role of carbon emissions, experts agree that the political will on the state, national, and global level has simply not been created.

The reason for that, of course, is the stranglehold that the very profitable fossil fuel companies—whether state-owned  entities or private corporations—retain on the political systems within which they operate. At the global level, that political system is known as the United Nations, but so far the talks taking place in Warsaw are seeing almost no progress on a deal. On Wednesday, the world’s poorest nation’s walked out of the COP19 talks and the wealthiest nations—including the US, Canada, Australia, and the EU states—showing less and less courage despite the increasingly dire warnings from experts and scientists.

Michael Mann, a U.S. climate scientist who spoke to the Guardian about the possible impact of the list, said he hoped it would bring greater scrutiny to the gas, oil and coal companies who are most responsible for past emissions because these are the same companies poised to continue burning the vast carbon reserves still in the ground. “What I think could be a game changer here is the potential for clearly fingerprinting the sources of those future emissions,” he said. “It increases the accountability for fossil fuel burning. You can’t burn fossil fuels without the rest of the world knowing about it.”

And Al Gore added: “This study is a crucial step forward in our understanding of the evolution of the climate crisis. The public and private sectors alike must do what is necessary to stop global warming. Those who are historically responsible for polluting our atmosphere have a clear obligation to be part of the solution.”

The alternative, however—as almost zero progress, and possibly lost ground, has been the result of the last several rounds of international climate talks—is a global uprising from below, led by social justice organizations, environmentalists, and civil society who are willing to act where governments and the private sector have refused.

As Michael T. Klare, an energy expert and professor at Hampshire College, wrote earlier this week at TomDispatch:

If, as is now the case, governments across the planet back an extension of the carbon age and ever increasing reliance on “unconventional” fossil fuels like tar sands and shale gas, we should all expect trouble.  In fact, we should expect mass upheavals leading to a green energy revolution.

None of us can predict the future, but when it comes to a mass rebellion against the perpetrators of global destruction, we can see a glimmer of the coming upheaval in events of the present moment.  Take a look and you will see that the assorted environmental protests that have long bedeviled politicians are gaining in strength and support.  With an awareness of climate change growing and as intensifying floods, fires, droughts, and storms become an inescapable feature of daily life across the planet, more people are joining environmental groups and engaging in increasingly bold protest actions.  Sooner or later, government leaders are likely to face multiple eruptions of mass public anger and may, in the end, be forced to make radical adjustments in energy policy or risk being swept aside.

In fact, it is possible to imagine such a green energy revolution erupting in one part of the world and spreading like wildfire to others.  Because climate change is going to inflict increasingly severe harm on human populations, the impulse to rebel is only likely to gain in strength across the planet.  While circumstances may vary, the ultimate goal of these uprisings will be to terminate the reign of fossil fuels while emphasizing investment in and reliance upon renewable forms of energy.  And a success in any one location is bound to invite imitation in others.

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Published time: November 06, 2013 14:24
Edited time: November 06, 2013 18:53

Reuters/Ismail Zitouny

Reuters/Ismail Zitouny

A new law suit claims some of the world’s largest oil companies – including BP, Royal Dutch Shell, manipulated Brent Crude spot prices in collaboration with Morgan Stanley, Vitol Group, and other energy traders.

The plaintiffs accuse the companies of deliberately submitting false and misleading information about Brent prices to Platts, the energy and oil market news outlet, which is used by traders worldwide in daily transactions, Bloomberg reports.

“By providing false or inaccurate information and engaging in false or sham trading, defendants undermined the entire pricing structure for the Brent Crude Oil physical and futures markets,” the plaintiffs allege.

By fixing the North Sea oil benchmark, the oil companies and traders, not only manipulated the oil market, but petroleum, food, and other products that look to Brent as a guide for buying and selling across world exchanges.

Four traders – John Devivo, Robert Michiels, Anthony Insinga and Kevin McDonnell – filed the class act in a Manhattan court in New York on October 4.

Other companies accused of ‘fixing’ are Trafigura AG and Trafigura Beheer British Virgin Island, Dutch commodity trading firms, Phibro Trading LLC, a subsidiary of Occidental Petroleum Corporation, Vitol Group, a Swiss-based, Dutch-owned energy trader, S.A., and other unnamed traders.

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Fri, 2013-04-05 15:33Carol Linnitt

Shell Pipeline Spill Is Fourth Disaster In Bad Week for Keystone XL Promoters

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Last Friday, as national attention turned to the massive Exxon Pegasus tar sands pipeline spill in Mayflower, Arkansas, another oil spill was occurring near Houston, Texas. Operators of a Royal Dutch Shell subsidiary’s West Columbia pipeline, a 15 mile long, 16 inch diameter line, received warnings from the US National Response Center of a potential 700 barrel release (nearly 30,000 gallons) of crude oil on Friday, March 29.

Yesterday, representatives from the US Coast Guard acknowledged at least 50 barrels of oil had entered Vince Bayou, a waterway connected to the Gulf of Mexico.

On Monday, April 1, Shell spokeswoman Kimberly Windon told Reuters “no evidence” of a crude oil leak had been found. “Right now, we haven’t seen anything,” she said at the time. Investigators have since determined at least 60 barrels of the spilled oil had entered the Bayou. It is unclear at this time what kind of crude oil the pipeline carried.

DeSmog contacted Shell Pipelines US media relations department to inquire about the type and size of the spill but did not receive a reply by the time of publication.

Steven Lehman, Coast Guard Petty Officer told Dow Jones, “That’s a very early estimate – things can change.”

The pipeline, which moves crude oil from Genoa to a tank farm in East Houston is run by Magellan Midstream Partners.

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Oil Spills Into Bayou Outside of Houston, 3rd Spill in a Week

oilhouston (Copy)

by Derrick Broze
Intellihub.com
April 6, 2013

For the third time in a week there was an oil spill in the United States. The most recent spill happened 20 miles outside of Houston.

According to a DOW Jones Newswire:

“On April 3, about 700 barrels were found to have leaked from the West Colombia pipeline because of an unknown cause, with up to 60 of those barrels emerging in the bayou, Shell spokeswoman Kim Windon said. The pipeline had been shut down and isolated on March 29 after alarms alerted the company that oil may have leaked from the line. “

The 700 barrels, or roughly 30,000 gallons poured into  the Vance Bayou that connects to the Houston Ship Channel  The pipeline was owned by a subsidiary of Royal Dutch Shell PLC. Coast Guard Petty Officer Steven Lehman said that the clean up crews from Shell had begun the process of cleaning out the oil from the bayou. The amount of oil spilled has yet to be confirmed.

While the authorities in Houston struggle to determine the size of the latest disaster Arkansas  is dealing with their own spill. ExxonMobil’s Pegasus pipeline burst last week spilling thousands of gallons into the small town of Mayflower. By the end of the week 20 homes were evacuated and around 19,000 gallons of oil has been recovered.

This past Tuesday  Federal pipeline safety officials issued a corrective action order to ExxonMobil Pipeline Co. The Pipeline and Hazardous Materials Safety Administration is now preventing the corporation from restarting operations on the ruptured segments until they are satisfied with repairs.

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Terry Macalister
Guardian
Thu, 31 Jan 2013 15:16 CST

© Photograph: Royal Dutch Shell Ho/EPA
Shell’s Gannet Alpha platform in the North Sea

Anglo-Dutch group has been responsible for over 20 pollution accidents in British waters over a six month period

Shell and other major companies are spilling crude, diesel or other contaminants into the North Sea on a daily basis despite the oil industry’s efforts to improve its safety record.

On the day that Shell reported global annual profits of $27bn (£17 bn), government statistics revealed that the Anglo-Dutch group has been responsible for over 20 pollution accidents in British waters over a six-month period.

Shell said that “no spill is acceptable” and that it had been working hard to ensure its safety performance was improved by investing heavily in the maintenance of North Sea platforms.

But environmentalists said the latest spill statistics from the Department of Energy and Climate Change (DECC) meant Shell and others needed to be threatened with a ban and kept out of the most sensitive waters of the far north.

Speaking at Shell’s annual results conference, Peter Voser, the chief executive, said the recent accident involving the Kulluk drilling rig off Alaska had cost the company $90m so far with more to come.

 

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Earth Watch Report  –  Hazmat

 

07.01.2013 HAZMAT USA State of Texas, Port Arthur [Motiva Enterprises] Damage level
Details

HAZMAT in USA on Monday, 07 January, 2013 at 19:35 (07:35 PM) UTC.

Description
Motiva Enterprises LLC said the crude unit of its Port Arthur, Texas, refinery expansion leaked while being restarted Sunday and was shut down. Kimberly Windon, spokeswoman for Royal Dutch Shell PLC (RDSA), said the company still plans to have the VPS 5 crude distillation unit fully restarted “in the early part of this year.” “We anticipate making the necessary adjustments/repairs and returning the unit to normal operation in an expeditious manner,” Ms. Windon wrote in an email Monday. The Motiva refinery is jointly owned by Shell and Saudi Arabian Oil Co. The new crude unit is the culmination of a $10 billion expansion project that added 325,000 barrels a day of capacity and made the refinery one of the largest in the world.

 

US-handpicked opposition leader, Moaz al-Khatib wants US to reconsider terror listing for Al Qaeda’s al-Nusra front, [which is covertly supported by Western intelligence].

As part of the US’ charade in declaring support and recognition of the so-called “Syrian” opposition, it added one of the more extreme groups that make up the militant front operating inside Syria to a list of sanctioned terrorist organizations. The idea was to have a scapegoat to pin atrocities on while the West armed, funded, and provided military support for the rest of the extremist groups ravaging Syria.

The ploy quickly fell apart however, when the US’ own handpicked opposition leader, Moaz al-Khatib spoke out in protest. Reuters quoted al-Khatib as saying:

“The decision to consider a party that is fighting the regime as a terrorist party needs to be reviewed. We might disagree with some parties and their ideas and their political and ideological vision. But we affirm that all the guns of the rebels are aimed at overthrowing the tyrannical criminal regime.”

Al-Khatib himself openly declares his intentions of establishing an “Islamic state” upon the ashes of the currently secular Syria, and has ties with the extremist Muslim Brotherhood. He was also a representative of Western big oil interests, in particular Royal Dutch Shell. Al-Khatib had worked at the al-Furat Petroleum Company for six years, according to the BBC, which is partnered with Shell Oil. Al-Khatib is also said to have lobbied for Shell in Syria between 2003-2004, and has likewise taught classes in both Europe and the United States, this according to his biography featured on his own website.

 

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Crossroads News : Changes In The World Around Us And Our Place In It

Corporate Assault on Our Lives And Our Health  :  Environmental – Activism – Crimes – Drilling – Gas – oil – Pollution

Shell in Afrika trieste zaak.flv

Published on Mar 25, 2012 by

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There have been 5,000 major oil spills in the delta over the past 50 years.
One and a half million tons of oil has been discharged into the creeks, farms
and forests.

That is like one Exxon Valdez disaster, every year, for fifty years, destroying
the fisheries throughout the Niger Delta.

This is the story of Shell in Africa.

Crossroads News : Changes In The World Around Us And Our Place In It

 

 

 

World News :  Crime – Depravity

 

 

Shell executive caught after accidentally printing child pornography at work

Anthony Sturman sent six pages containing indecent material to a printer at the UK headquarters of Shell UK, where he had worked for 15 years

Anthony Sturman sent six pages containing indecent material to a printer at the UK headquarters of Shell UK, where he had worked for 15 years Photo: CENTRAL NEWS

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Anthony Sturman, 59, sent six pages containing indecent material to a printer at the UK headquarters of Shell UK, where he had worked for 15 years.

Sturman, described as a ‘senior manager’ at the oil giant, was viewing child pornography at his country home in Kent when he pressed the print button.

His PC was linked to his work system, so the images were produced at his office.

Seven of the images printed were categorised at level four, the second highest level of abuse.

A colleague discovered the images when she unclogged a jammed printer on the 18th floor at the Shell Centre in Waterloo.

Across six pieces of paper, there were 42 indecent images, all in thumbnail size, Inner London Crown Court heard.

Darren Ponds, prosecuting, said Ruth Elliott, a colleague at Shell, discovered the images when she dealt with a jammed printer on June 28 last year.

“A jam had occurred and when that jam was fixed the backed up items began to print.

“A number of pages of indecent images of children were printed.”

Examination of the data from the printer revealed the items had come from Sturman’s computer and he was arrested two days later.

Yogain Chandarana, defending, said Sturman had destroyed the life he had built for himself.

“He has actively sought treatment for himself since his arrest 18 months ago,” he said.

“He has laid out his soul in front of probation officers,” he said.

“Not only does he understand his offending behaviour, but he’s started getting help for himself.

“He admits though there are many areas that he had to work on.

“He has caused a complete destruction of the life he had built, a destruction of his life because of his behaviour.”

“Clearly though, he did not intend to produce these images on a work printer.”

Judge Lindsay Burns sentenced Sturman to eight months in prison, suspended for two years, and ordered him to take part in a sex offenders programme.

“You do not pose any significant risk, and the chance of you re-offending are at the lowest level,” he said.

“The level of intention in this case, sets this apart from other, far more serious cases.

“I have to save that the view you have taken, rather unhappily, is rare in the courts, with other offenders like you.

“You have shown considerable remorse and understanding for what you have done.’

Sturman, of Faversham, Kent, admitted one count of producing indecent images of children.

He will also have to sign onto the sex offenders register.