News and information on Shell Plc
Shell goes back to business school
Royal Dutch Shell has named the four schools that are to be “learning partners” at its global project academy.
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Cranfield School of Management in the UK, Delft University of Technology in the Netherlands; the University of Texas at Austin/McCombs School of Business in the US and Australia’s Queensland University of Technology will all take part in the initiative.
Foreign cash still flows to Iran's oilfields
Sun Apr 23, 2006 5:23 PM GMT
By Ghaida Ghantous and Barbara Lewis
DOHA (Reuters) – Iran's dispute with the West over its nuclear work is not scaring foreign investors from the country's prized oil, which Tehran vows to keep exporting no matter what.
Iran stands accused of seeking to develop nuclear weapons and may face United Nations sanctions if it does not stop enriching uranium. Iran says it only wants to produce electricity.
Updated 7:22 AM on Sunday, April 23, 2006
Repairs ahead of schedule at Shell rig
By ALAN SAYRE
Associated Press
NEW ORLEANS – The Gulf of Mexico's largest producing oil platform knocked offline by Hurricane Katrina could be running again in May, just before the start of this year's hurricane season.
Shell Exploration & Production Co., a unit of Britain's Royal Dutch Shell PLC, said repairs to its Mars platform will be finished this month, with partial production restored in late May. Hurricane season starts June 1.
Bush warns of 'tough summer' with higher petrol prices: Apr 22 10:54 PM
US President George W. Bush has warned rising oil prices will mean a “tough summer” for US consumers as the high cost of gasoline (petrol) showed signs of becoming a big political issue.
But even as more Americans expressed discontent over the price of filling up their gas tanks, Bush suggested there was little his government could do in the short term about the problem.
Warning: oil will hit $85 a barrel this year |
By Allister Heath
23 April 2006 |
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THE price of oil will hit $85 (E68.8, £47.6) by the end of the year, threatening an economic slowdown and pushing up the price of petrol at the pumps to more than £1 a litre, economists are warning this weekend. The surging price will be caused by continuing buoyant demand caused by strong economic growth in Asia and across the world; as well as by rising tensions in Iran, Iraq and Nigeria. The growing likelihood of a further rise in the price of oil was revealed in a poll by research house Ideaglobal this weekend. The average view was a peak of $85 a barrel this year but at least one respondent said the price of oil could go even higher to reach $90. The poll follows another surge in the price on Friday. The June futures contract for crude-oil rose above $75 per barrel on the New York Mercantile Exchange, reaching a new high in nominal terms. Prices jumped after US energy secretary Samuel Bodman warned that changes in specifications for petrol may cause brief shortages heading into the summer driving season. Leading multinational companies are pushing through drastic improvements to their procedures to boost efficiency and reduce their need for oil. The International Air Transport Association says efficiency improvements worldwide mean the industry would break even with oil priced at $48 a barrel in 2005, against $22 a barrel in 2003. The soaring price of oil has so far not affected the performance of the US economy, which is expected to have grown by a buoyant 4.9% in the first quarter when early official estimates of the figures are released this week. After adjusting for inflation, the price of oil reached a record of $97.55 in April 1980. But the current surge in the price of oil is also going hand in hand with strong price rises in other commodities and precious metals. The price of gold bounced back to $635 an ounce in New York on Friday. Strong commodity price increases have fuelled fears of increased price pressures or at least diminishing corporate margins. |
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Shell CEO Says Oil Industry
Will Remain Involved in Iran
OHA, Qatar — Though Iran's nuclear dispute with the West is growing more heated, the oil industry can expect to stay involved in the Islamic nation for decades, Royal Dutch Shell Plc chief executive Jeroen van der Veer said Saturday.
“One has to realize that with Iran when you look at both the oil and gas reserves that they have a very strong position as a country,” Mr. van der Veer said. Speaking to reporters on the sidelines of the 10th International Energy Forum here, the Shell executive said: “In the complete order of magnitude,” looking at Iran and the nuclear energy challenge “you see only the short-term politics.”
Airmiles takes off again to silence the critics
Gemma Bowes
Sunday April 23, 2006
The Observer
The scheme, where points awarded for money spent in shops can be swapped for flights and holidays, has been running since 1988 and has 8 million collectors. But critics say limited availability of flights makes Airmiles almost impossible to use and that you must spend vast amounts to get a flight that would cost peanuts with a low-cost airline.
'Over a year, I spent a lot of money in the supermarket, yet when I tried to buy a flight with the Airmiles I'd saved I realised I didn't even have enough for two return flights to Paris,' said Natalie Harper, 28, from West Sussex. 'There was very limited availability whenever I tried to book. I ended up paying for flights partly with Airmiles and the rest in cash, which worked out to be more expensive than just buying a cheap air fare anyway.'
Throughout the Arab world, an increasing number of women are taking on high-profile national roles in finance and commerce. Helena Smith reports
Sunday April 23, 2006
The Observer
'If you look at the history of Islam, even the Prophet Muhammad married a businesswoman,' said al-Qasimi, who holds what is regarded as the most important cabinet post in the United Arab Emirates. 'Khadija was her name, she was his boss and she recruited him to work with her,' she smiled, as the likes of Cherie Blair worked the distinctly veil-less crowd.
Reuters: Hard to say when Shell oil output to restart – Nigeria
Sun Apr 23, 2006 7:18 AM BST
DOHA (Reuters) – It is hard to judge when Nigerian oil output shut by militant attacks will return and the industry has to win the acceptance of those living in the impoverished Niger delta, Nigeria's oil minister said on Sunday.
Nigerian Minister of State for Petroleum Edmund Daukoru told reporters last Tuesday's inaugural meeting of a council to speed development in the region went very well. The delta pumps almost all Nigeria's oil but most people live in poverty.
The Sunday Times April 23, 2006
Whales could sink Shell’s EBRD loan
Tracey Boles
SHELL’s environmental record on the Russian island of Sakhalin has come under attack ahead of a crucial decision by the European Bank for Reconstruction and Development (EBRD) on funding for the oil company’s $20 billion (£11.2 billion) project on the island.
The oil giant’s subsidiary Sakhalin Energy has applied for a loan of hundreds of millions of dollars from the EBRD as part of a $6 billion package of financing for the second phase of its Sakhalin II project.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
30 November 2023: Posted by John Donovan
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed. I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it. They have tried sending about 4 or 5 engineers but have not fixed the problem. Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more
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