Strong men at Shell
Updated: 2010-07-31 22:10:01
Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library Strong men at Shell Jul 31st , 2010 by John Donovan Article by a former employee of Shell Oil . Co , John I was reading some of your references to strong men’ at the helm of Shell and the negative impacts they have had on the . company In the States , the 1980’s were the decade of Bookout’ . This was when I worked for . Shell At Shell USA John Bookout right was at the helm of the company from 1978 to 1986. He took the company down the road into heavy oil and the Belridge acquisition and moved away from a heavy emphasis on exploring for new . reserves Oil declined in price steadily in the 1980’s , and by 1986 is was costing Shell more to
Royal Dutch Shell plc com News and information on Royal Dutch Shell . Plc Skip to Content Home Contact Us Contributors Mission Shell Blog Shell Library SHELL CERTAIN IT CAN RIDE OUT GULF STORM Jul 30th , 2010 by John Donovan By Andrew Johnson : Friday July 30, 2010 ROYAL Dutch Shell yesterday expressed confidence in its safety standards in the wake of BP’s Gulf of Mexico oil spill as it unveiled a near doubling in profits to 4.5billion 2.9billion for the second quarter to . June Chief executive Peter Voser right said the disaster was a tragedy” that would have far-reaching implications” for the whole . industry Stricter rules are expected to drive up costs . However , he said Shell already complied with or exceeded most of the changes to safety regulations now being proposed , before
Yesterday Shell waded into the Deepwater fall-out by defending deep-water drilling.
Peter Voser, Shell chief executive, argued that deep-water drilling still had an important role to play in global energy supply. “We have got growth potential there”.
But what cost is this growth?
Even the industry’s own trade magazines are questioning the business ...
These guys sell a 1/4-scale RC King Tiger tank, perfect for tearing around the neighborhood. Six feet long, nearly 600 pounds. Uses electric motor rather than gasoline, which seems odd to me — probably takes more juice to recharge it than a Chevy Volt (and that’s OK). This would almost be wasted here in Arizona, [...]
From one disaster to another..
Early on during Deepwater, I blogged on how the Canadians were looking to exploit the spill to push their dirty oil.
The fact has not been lost on the industry bible, the Petroleum Economist, (PE) which notes in its July edition that “whisper it, but the US' ...
The details are still being worked out. The BP Board meets this afternoon.
But if the press reports are anything to go by, the company’s embattled CEO, Tony Hayward will walk away with anything from at least £11 million to £12 million plus. That’s about $18.5 million.
And that's the low estimate. ...
The dispersant row continues.
If people are worried about the legacy of what BP is doing in the Gulf of Mexico, they should watch the latest Democracy Now.
In it EPA scientist Hugh Kaufman accuses the Obama Administration, including his own agency, the EPA, of being “sock-puppets for BP in the cover ...
[caption id="attachment_2527" align="aligncenter" width="388" caption="Mr. President, the key to your success is 'Jobs, jobs, jobs!'"][/caption]
Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that the outlook for the economy remains "unusually uncertain" but that the Fed plans no specific steps "in the near term" to try to fuel the struggling ...
British Prime Minister David Cameron came out batting for BP in Washington yesterday as he tried to “shield” the company over the allegations that BP lobbied for the release of the Lockerbie bomber.
But more importantly, he warned US Senators not to “single out” BP over legislation that might ban BP ...
If Plan A doesn’t work, try Plan B or C or D or...
BP is quite happily chewing through the alphabet of options, with the latest being what is called a “static kill,” in which heavy mud would be pumped into the recently capped well, to try and finally block the ...
The weekend’s euphoria that BP may have stopped the oil leaking into the Gulf has been replaced by the cold reality that the well head may still be leaking.
The US government has now ordered the beleaguered oil company to produce a report on a "detected seep" near the well-head, that ...
One of the world’s most technologically sophisticated offshore operators had compiled a large portfolio of highly prospective acreage in the Gulf of Mexico and offshore West Africa, Brazil, and the Mediterranean. In many areas, potential reservoir targets were difficult to identify as they frequently were overlain by regional salt bodies or areally extensive salt sheets. [...]
Chief Gee-Oh congratulates both Spain and Paul the Octopus for their World Cup victories today. Paul’s victory is especially sweet, as he correctly predicted before the match that Spain would be the 2010 FIFA World Cup Champion. Today’s prediction tops off a couple of weeks in which he has gone 8-for-8 in picking match winners. As shown [...]
The logic behind the question in the title is straightforward. Iran is a country with very large reserves of natural gas, a lot of it relatively low-cost. With the right investment it could become an exporter of global significance in about a decade. Europe is one of the largest gas markets in the world. Its [...]
Sinopec was formulating plans for a drilling program in a partially developed gas field in the Sichuan Province, China. Although seismic data existed for the field, it was not of the quality desired. Drilling success rates were low (~35%), which reduced the economic potential of the proposed drilling program. Improved seismic methods were needed to characterize the [...]