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2015-12-15 19:35:00

SHELL WANTS TO LEAVE

SHELL WANTS TO LEAVE

Three concrete structures each weighing as much as the Empire State Building are likely to be abandoned on the bed of the North Sea under plans by Shell to decommission the Brent platforms.

The oil company is set to ask regulators for an opt-out from international rules requiring the complete removal of platforms that have been shut down.

The rules were drawn up after a battle in the mid-1990s between Shell and environmental campaigners over where the company would dispose of the Brent Spar storage facility.

Shell is consulting experts and commercial…

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Tags: SHELL, OIL, PRICES, NORTH, SEA, PLATFORM

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SHELL WANTS TO LEAVE
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

SHELL WANTS TO LEAVE
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

SHELL WANTS TO LEAVE
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

SHELL WANTS TO LEAVE
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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