Royal Dutch Shell plc (0LN9.L)
- Reuters - UK Focus
Ex-Shell exec who cut gas flaring in Iraq seeks to do the same in Venezuela
Mounir Bouaziz, who left Shell last year and is now an independent business developer, said he began talks last October with Venezuelan state oil company PDVSA and the oil ministry, but he acknowledged U.S. sanctions on PDVSA - designed to oust socialist President Nicolas Maduro - were an obstacle. Bouaziz oversaw Shell's efforts to reduce flaring in southern Iraq after years of war left infrastructure in poor shape. Venezuela is in a sixth year of economic crisis, leaving PDVSA without resources to maintain gas facilities.
- Reuters - UK Focus
United Steelworkers union mulls new negotiating partner for oil bargaining
The United Steelworkers union (USW) is considering designating a new lead negotiator in the National Oil Bargaining process, the union's president said on Wednesday, as current lead negotiator Shell cuts back on the number of refineries it owns. Speaking at the National Oil Bargaining conference in Pittsburgh, Pennsylvania USW International President Tom Conway noted that Shell Oil Co, the U.S. arm of Royal Dutch Shell Plc , had publicly committed to reducing the number of refineries in its portfolio.
- Reuters - UK Focus
Corrosion caused 2018 Enbridge gas pipeline blast: Canadian agency
An explosion and fire in 2018 along an Enbridge Inc natural gas pipeline in northern British Columbia was caused by corrosion, Canada's Transportation Safety Board (TSB) said on Wednesday. The pipeline operated by Enbridge subsidiary Westcoast Energy Inc ruptured on Oct. 9, 2018, in a forested area near Prince George, British Columbia. The temporary shutdown of the line, which carries gas destined for the Pacific Northwest, led to disruptions for refineries owned by Royal Dutch Shell and Phillips 66 in the U.S. state of Washington.
