Shell News

Shell: Insurers May Be Reluctant to Underwrite Carbon Capture Projects

Projects to capture carbon emissions from power plants and store them permanently underground face “large risk premiums” from insurers because the technology is so new, Royal Dutch Shell plc said. “Insurance will be able to address only part of the financial …

Higginbotham Appoints Shell to Lead Transportation Insurance Unit

Texas-based independent insurance and financial service firm, Higginbotham, has appointed commercial insurance broker Jack Shell to develop its new transportation unit. Shell, hired in April 2011 at Higginbotham’s Houston branch office, has concentrated experience mitigating the exposures that characterize the …

Shell Singapore Refinery May Shut for a Month; Distillates Force Majeure

Royal Dutch Shell’s Singapore refinery may remain shut for at least a month, industry sources said, and the company declared it would not meet supply commitments after a blaze at the major 500,000 barrels-per-day plant. Singapore is Asia’s hub for …

UPDATE: Fire Surges at Shell’s Singapore Refinery

There has been a surge in the fire at Shell’s Singapore refinery, the Singapore Civil Defence Force (SCDF) said in a statement on Thursday. “The fire fighting operations are still ongoing,” the statement added. “There has been a surge in …

Fire at Shell Singapore Refinery Contained

A fire at Royal Dutch Shell’s petroleum complex offshore Singapore is still burning, but has been contained, although it was not clear what impact the blaze was having on operations. “We confirm that a fire in the Pulau Bukom Manufacturing …

Shell North Sea Pipeline Leak – ‘Substantial’

Royal Dutch Shell’s ruptured pipeline in the North Sea has already caused a “substantial” oil spill, with oil still leaking into the sea on Monday, the British government said on Monday. The Department of Energy and Climate Change (DECC) said: …