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Posts from ‘June, 2006’

Royal Dutch Shell Plc .com: Chevron Gets Sole Rights to Texaco Brand

From The Houston Chronicle/The Associated Press June 30, 2006 SAN RAMON, Calif. — Oil giant Chevron Corp. said Friday it is now the sole owner of U.S. rights to the Texaco brand of gas after a licensing agreement with Royal Dutch Shell PL expired. Chevron acquired Texaco in 2001, but was required to license the […]

Royal Dutch Shell Plc .com: Norway oil service worker strike

Pure Energy: Norway Out? From StockHouse Editorials By Luke Burgess How we might lose 4% of global oil production When the drilling for Norwegian oil began back in 1965 there was a great deal of doubt surrounding the belief that much crude lay resting beneath the icy waters of the North Sea. British Petroleum’s chief […]

Royal Dutch Shell Plc .com: Shell to pay $49 million gas flaring settlement

This is not a current news report: It is a news release from 2003 being added to our online searchable news archive under the category of “Shell Litigation” U.S. Department of the Interior Minerals Management Service Office of Public Affairs NEWS RELEASE FOR RELEASE: August 5, 2003 CONTACT: Nicolette Humphries    (202) 208-3985  Shell to Pay $49 Million […]

Royal Dutch Shell Plc .com: Big pipeline needed in Sabah

From Upstreamonline By Russell Searancke Malaysian energy giant Petronas will build a 480-kilometre gas pipeline as part of the Sabah Oil and Gas Terminal (SOGT) integrated project. The project, which Petronas said it was undertaking with its production sharing contract partners, involves the construction of a subsea pipeline from offshore Sabah to a new onshore […]

Royal Dutch Shell Plc .com: Todays Top Royal Dutch Shell Plc Story

Royal Dutch Shell Plc .com: Call for inquiry into oil rig safety regulator Terry Macalister Friday June 30, 2006 From The Guardian Members of the Scottish parliament are calling for an inquiry into North Sea safety regulators, alleging they have failed to properly monitor the operations of Shell. The move comes ahead of a report […]

Royal Dutch Shell Plc .com: Methvin to head Shell Chemical

From Houston Business Journal Stacy Methvin has been appointed president and CEO of Shell Chemical LP, effective July 1. In addition to her new role, Methvin will continue to have responsibility for Base Chemicals Americas and Global C4s and C5s. Methvin takes over the leadership position from Fran Keeth, executive vice president-chemicals. She will continue […]

Royal Dutch Shell Plc .com: Rossport protesters believe little has changed

By: Lorna Siggins in Castlebar, Co Mayo, Irish Times Published: Jun 30, 2006 “Bertie Ahern and his backbenchers are split, aren’t they? Mary Harney and Michael McDowell are split, aren’t they? They’re together for years, we are only new into this, and if they think there’s a split, let them come on to the land […]

Royal Dutch Shell Plc .com: Watchdog orders curbs on LPG bills

By: Michael Harrison Business Editor, The Independent – United Kingdom Published: Jun 30, 2006 Thousands of rural households that rely on LPG for cooking and heating are being overcharged by a handful of dominant suppliers, including two giant oil companies, the Competition Commission ruled yesterday. Unveiling plans for a shake-up in the market, the commission […]

Royal Dutch Shell Plc .com: BP’s sunflower is wilting

FROM THE FINANCIAL TIMES (LEX COLUMN) Published: June 30 2006 03:00 | Last updated: June 30 2006 03:00 BP’s sunflower is wilting. Having splashed its decidedly organic logo all over the place in the past year or so, right now BP could probably use its old one: a shield. An allegation of price-fixing in the […]

Royal Dutch Shell Plc .com: Ignore climate change and humanity will suffer

FROM THE FINANCIAL TIMES By Alistair Darling and David Miliband Published: June 30 2006 03:00 | Last updated: June 30 2006 03:00 Yesterday the government made a critical decision on Britain’s contribution to tackling climate change. The decision reflects three principles: our ambition to be world leaders in creating a low-carbon economy and to balance […]

Royal Dutch Shell Plc .com: BP’s Latest Problem May Signal A Troublesome Culture of Fear

FROM THE WALL STREET JOURNAL June 30, 2006 BP has tripped up in the U.S. — again. Last year, an explosion at its Texas City, Texas, refinery killed 15 people, triggering several federal investigations. This year, authorities opened a criminal probe into the company following a large spill from its pipelines in Alaska. And now […]

Royal Dutch Shell Plc .com: Call for inquiry into oil rig safety regulator

Terry Macalister Friday June 30, 2006 From The Guardian Members of the Scottish parliament are calling for an inquiry into North Sea safety regulators, alleging they have failed to properly monitor the operations of Shell. The move comes ahead of a report being published by Aberdeen’s sheriff court into an accident on Shell’s Brent Bravo […]

Royal Dutch Shell Plc .com: BP under fire as Competition Commission targets LPG market

Terry Macalister Friday June 30, 2006 From The Guardian BP found itself under fire again yesterday when a raft of initiatives were announced to crack down on suppliers of liquefied petroleum gas. The Competition Commission said its final report supported provisional findings that “competition is not working as well as it should be in this […]

Royal Dutch Shell Plc .com: BP is now in the firing line, rightly or wrongly

Nils Pratley Friday June 30, 2006 From The Guardian Once is happenstance, twice is coincidence, three times is enemy action, reckoned Ian Fleming. In BP’s case, three times could look like the actions of a company where corners are being cut. A fire in a Texas refinery killed 15 and hurt 500 last year; a […]

Royal Dutch Shell Plc .com: A Refinery Clears the Air to Grow Roses

From The New York Times By JAD MOUAWAD Published: June 30, 2006 MAASLAND, the Netherlands — A few miles north of Rotterdam, in a region the Dutch call “glass city” for its thousands of greenhouses, gardeners like Frank van Os are part of an unconventional experiment by Royal Dutch Shell to curb carbon emissions. Mr. […]

Royal Dutch Shell Plc .com: CFTC accuses BP of cornering propane market

FROM MARKETWATCH Former BP energy trader pleads guilty to price gouging scheme By Stephanie I. Cohen & Jim Jelter WASHINGTON (MarketWatch) — Federal regulators on Wednesday accused BP Plc.’s North American energy trading unit of briefly cornering the U.S. propane market in 2004 in a scheme that jacked up homeowners and businesses’ heating bills across […]

Royal Dutch Shell Plc .com: Shell plans world’s largest hydrogen public transport project

Shell and partners announce plans to create world’s largest hydrogen public transport project 29 June 2006 Provider: Fuel Cell Today  Shell Hydrogen B.V., in partnership with Connexxion Holding N.V. and MAN Truck & Bus Company N.V., today announced plans to work towards creating the world’s largest hydrogen-fuelled public transport operation in Rotterdam, The Netherlands. The […]

Royal Dutch Shell Plc .com: Royal Dutch/Shell in hydrogen transport project

From Reuters Thu Jun 29, 2006 3:21am ET AMSTERDAM, June 29 (Reuters) – Anglo-Dutch oil giant Royal Dutch Shell Plc. (RDSa.L: Quote, Profile, Research)(RDSb.L: Quote, Profile, Research) said on Thursday that it is working with Dutch public transport and MAN Truck & Bus Company (MANG.DE: Quote, Profile, Research) to create a fleet of hydrogen-fueled buses […]

Royal Dutch Shell Plc .com: Judge sides with gas station owner fighting Shell Oil

From San Jose Mercury News By Ken McLaughlin Mehdi Shahbazi is losing his home and livelihood because he has been protesting what he calls “gouging” by oil company executives. More photosMehdi Shahbazi, the feisty Marina gas station owner who is going broke battling Big Oil, has won a round in federal court in San Jose. […]

Royal Dutch Shell Plc .com: Farm Waste Into Your Gas Tank

FROM THE WALL STREET JOURNAL Energy Stalks Big Players Join Race to Put Farm Waste Into Your Gas Tank With Federal Push, Companies Propose Plants That Turn Husks, Grass Into Ethanol Delving Into Elephant Dung By JOHN J. FIALKA and SCOTT KILMAN June 29, 2006; Page A1 WILMINGTON, Del. — One way to wean America […]

Royal Dutch Shell Plc .com: Sun not quite set on North Sea oil industry

From The Daily Telegraph (Filed: 29/06/2006) A surge in exploration interest offers a ray of hope, but renewable plans for the future shine brightest, writes Roland Gribben A boost for North Sea oil exploration has provided an unexpected bonus for the Government. Just months after oil companies warned that tax changes in the North Sea […]

Royal Dutch Shell Plc .com: Spot trading set to increase as fleet expands

From Lloyds List Published: Jun 29, 2006 The growing fleet and size of liquefied natural gas (LNG) carriers should help to increase spot trading in the industry, predicts Bob Salmon, general manager for shipping at Shell Trading, writes Tony Gray. Mr Salmon, also a committee member of industry group the Center for Liquefied Natural Gas, […]

Royal Dutch Shell Plc .com: Good money, and no need to get wet

By: Huw Williams, The Independent Published: Jun 29, 2006 A wind-and rainswept platform perched high above a raging North Sea is not many people’s idea of an ideal working environment, but Britain’s oil and gas industry urgently needs recruits. There is a shortage of skilled workers, and with exploration under way for new reserves, many […]

Royal Dutch Shell Plc .com: Is ethanol the answer to the world’s oil problems, or a green pipe dream?

By: MIKE MCCARTHY ENVIRONMENT EDITOR, The Independent Published: Jun 29, 2006 What is ethanol? Ethanol is the best known of the biofuels, and they in turn are any fuels derived from recently living organisms or their byproducts. So wood and straw are biofuels, as is camel dung. But in practice today biofuels are mainly alcohols […]

Royal Dutch Shell Plc .com: Shell recognises Sarawak’s top achievers

From New Straits Times (Malaysia) Published: Jun 29, 2006 KUCHING: Poverty has not stopped Andy Mark Tipi from doing well in last year’s Penilaian Menengah Rendah (PMR) examination. On Tuesday, the efforts of the SM Teknik Sejingkat student, who scored 6As and 1B which made him one of the State’s top achievers, were recognised when […]

Royal Dutch Shell Plc .com: Fries leaves EBRD to take Shell post

From The Financial Times By Joyce Dundas Published: June 29 2006 03:00 | Last updated: June 29 2006 03:00 Shell Group has appointed Steven Fries as its chief economist to be based in The Hague. Mr Fries joins from the European Bank of Reconstruction and Development where he was deputy chief economist and acting chief […]

Royal Dutch Shell Plc .com: True North Buys 29 Shell Stations

From Associated Press HOUSTON (AP) – Fuel wholesaler True North Energy LLC bought 29 Shell-branded retail stations and three supply contracts in the Columbus, Ohio, area, Shell Oil Products US said Wednesday. Financial terms were not disclosed. Shell said Toledo, Ohio-based True North Energy will keep the stations under the Shell brand. True North is […]

Royal Dutch Shell Plc .com: Shell Announces Strengthened Truenorth Assets

Royal Dutch Shell Plc .com: Shell Announces Strengthened Truenorth Assets; True North Energy to Acquire 29 Branded Locations in Columbus From PRNewswire     HOUSTON, June 28 /PRNewswire/ — Today, Shell Oil Products US (Shell), the marketer of the no. 1 selling gasoline brand in America, announced that its affiliate, True North Energy, LLC of Toledo, […]

Royal Dutch Shell Plc. com: Talks Fuel Speculation on Nova Scotia Gas Project

From Planet Ark Reuters CALGARY, Alberta – Speeches planned by the premier of Nova Scotia and his energy minister for later this week have fueled speculation that EnCana Corp.’s long-stalled Deep Panuke natural gas project may be revived. Premier Rodney MacDonald and Energy Minister Bill Dooks are slated to speak at a breakfast meeting of […]

Personal Finance: Shell ‘improperly used’ surplus pension money

January 28, 2006 By Bruce Cameron and Charlene Clayton A ruling against oil company Shell may force many trustees to reassess whether their funds are in surplus or whether surpluses have been understated. In the first ruling of its kind, a tribunal appointed by the Registrar of Pension Funds has found that the Southern African […]

Royal Dutch Shell Plc .com: Nigerian oil dispute flares into full-scale revolt

The Scotsman From Reuters By Tom Ashby KEGBARA-DERE, Nigeria (Reuters) – Crude oil seeping from a gnarled steel wellhead forms a lake the size of a soccer pitch near the Nigerian village of Kegbara-Dere, but these oilfields have not exported a drop in 13 years. The Ogoni tribe kicked Royal Dutch Shell out of this […]

Royal Dutch Shell Plc .com: Lessons from Katrina

From Lessons from Katrina, Rita foster changes by energy businesses By Kevin G. Hall McClatchy Newspapers DEER PARK, Texas – With weather forecasters expecting an “above-average” hurricane season, government regulators and major players in the energy sector hope errors made last year during Hurricanes Katrina and Rita won’t be repeated. Mistakes and mechanical failures […]

Royal Dutch Shell Plc .com: Saudi says crude is flowing freely

From The Houston Chronicle June 28, 2006, 12:01AM U.S. ARAB ECONOMIC FORUM Saudi says crude is flowing freely Prince calls lack of refining capacity the real problem By LYNN J. COOK and BILL HENSEL JR. Copyright 2006 Houston Chronicle Saudi Arabian crude is stranded in tankers on the high seas, circling the globe in a […]

Royal Dutch Shell Plc .com: Pipeline group hoping to make Shell deal an election issue

From Ireland-Online Opponents of the Corrib gas pipeline in north Co Mayo are staging a protest outside the Dáil in Dublin today. The demonstration has been mounted as part of the Shell to Sea group’s campaign to highlight what they say is the Government’s “effective handover of Ireland’s natural resources” to the global oil firm, […]

Royal Dutch Shell Plc .com: Got gas price fury? Talk to your local Shell CEO

FROM REUTERS HOUSTON (Reuters) – Furious about gas prices? Watch for a friendly oil executive coming to a town near you. Top executives at oil giant Shell (RDSa.L: Quote, Profile, Research) have begun a 50-city tour across the United States this summer in hopes of persuading angry consumers that Big Oil is not ripping them […]

Royal Dutch Shell Plc .com: Watchdog fines fall by a fifth

From The Daily Telegraph: By James Quinn (Filed: 28/06/2006) The value of fines imposed by the Financial Services Authority fell by 22pc in the year to March 2006. Fines levied in the year by the City watchdog amounted to £17.4m, the bulk of which related to a near-£14m fine paid by Citigroup Global Markets, according […]

Royal Dutch Shell Plc .com: Chambers’ chief hits out at Shell protesters

From The Irish Independent By Teresa O’Malley THE irrational stance of a small group of protesters is hampering the Shell gas developments for the country, according to the chief executive of Chambers Ireland, John Dunne. Mr Dunne was speaking at the weekend in Mullingar, at Chambers Ireland annual regional policy conference. One of the contributors […]

Royal Dutch Shell Plc .com: …energy independence is “naive”: Shell President John Hofmeister

At US-Arab economic forum, energy execs say energy independence is “naive” By: STEVE QUINN Associated Press Published: Jun 27, 2006 Becoming energy independent is “naive” and would harm U.S. relations with Arab countries, energy executives told world and business leaders at a forum designed to improve those nations’ ties. Executives from Exxon Mobil Corp., Chevron […]


From Asia Pulse Published: Jun 28, 2006 PERTH, June 28 Asia Pulse – China has commissioned its first liquefied natural gas (LNG) terminal, receiving LNG from Australia’s North West Shelf joint venture. The North West Shelf joint venture, which is operated by Woodside Petroleum Ltd (ASX:WPL), is the first international supplier of LNG into China […]

Royal Dutch Shell Plc .com: Iraq to resume oil exports from north

From The Financial Times By Carola Hoyos in London Published: June 28 2006 03:00 | Last updated: June 28 2006 03:00 Iraq was yesterday poised to restart its critical northern oil exports after a nine-month interruption caused by pipeline sabotage. The country’s marketing company this week sold several batches of oil from its storage tanks […]

Royal Dutch Shell Plc .com: Gas ‘super-platform’ installed off Sakhalin

From Upstreamonline By Upstream staff Supermajor Shell’s Sakhalin II operating company, Sakhalin Energy, has installed Russia’s first offshore gas platform on the Lunskoye field in the Sea of Okhotsk, north-east of Russia’s Sakhalin Island. The successful mating of the Lunskoye-A’s 21,800-tonne topsides with the four legs of the concrete gravity-base structure (CGBS) placed on the […]

Royal Dutch Shell Plc .com: Green power ‘needs kick-start’

From Upstreamonline By Upstream staff 27 June 2006 Technology to cut greenhouse gas emissions, such as carbon capture and offshore wind, needs government support to make it competitive, Graeme Sweeney, the head of Shell International Renewables, part of Anglo-Dutch supermajor Shell, said today. The debate about where to source future energy is an increasingly hot […]

Royal Dutch Shell Plc .com: Shell Canada Extends BlackRock Offer

From Rigzone Tuesday, June 27, 2006  Shell Canada says that as of 1:01 a.m. on June 27, 2006, approximately 4,319,949 additional common shares of BlackRock Ventures Inc. (TSX: BVI) have been validly deposited to the offer by BR Oil Sands Corporation, a wholly-owned subsidiary of Shell Canada, to acquire all of the common shares of […]

Royal Dutch Shell Plc .com: Nigeria: Worsening Violence in Delta Could Force Foreign Intervention

From Lagos In the first half of this year an average of more than four hostages have been seized monthly in the Niger Delta, an unprecedented rate of kidnappings since the first stirrings of violent protest in the early 1990s in the region that produces most of Nigeria’s oil. The two Filipino hostages freed […]

Royal Dutch Shell Plc .com: Proposal to end offshore drilling ban advances

MSNBC/ASSOCIATED PRESS Clears House committee, faces likely filibuster in the Senate Updated: 11:18 a.m. ET June 27, 2006 Legislation that would end a quarter-century ban on drilling in most of the Outer Continental Shelf advanced in the House on Wednesday. The measure would allow oil and gas development in restricted offshore waters unless a state […]

Royal Dutch Shell Plc .com: Rossport Five ‘still intact’ –Garavan

From The Mayo News By Michael Duffy JUNE 29 is a date that will be forever etched in the memories of five men from north Mayo whose collective name, the Rossport Five, is now part of the vernacular across the country. Tomorrow (Thursday) is the first anniversary of the day when Michael Ó Seighin, Willie […]

Royal Dutch Shell Plc .com: Shell, Gazprom plan to build 12 bcm GTL plant

From New Europe News Gazprom and Shell are planning to build a plant to process 12 billion cubic metres of gas a year according to gas-to-liquid (GTL) technology near Nadym, Gazprom Deputy CEO Alexander Ryazanov said at the Renaissance Capital annual investors’ conference last Monday. Implementing the project could become one of the ways to […]

Royal Dutch Shell Plc. com: A safer Iraq needed for U.S. investment, analysts say

From The Associated Press “Iraq certainly is a country with incredible resources” Iraq’s instability has kept foreign oil companies from investing in reconstruction, compounding what officials see as a litany of woes confronting the country’s once-dominant oil sector–from corruption to poorly maintained fields. While the world’s thirst for oil grows, untapped Iraqi reserves and current […]

Royal Dutch Shell Plc .com: Women Ascend at Oil Firms

FROM THE WALL STREET JOURNAL Severe Shortage Of Skilled Workers Boosts Job Prospects By BENOIT FAUCON and NAHED AL-ALI June 26, 2006 LONDON — Twenty years ago, it’s unlikely that Diana Leo, a middle-aged woman with business and engineering degrees, would have been found running an oil rig in the North Sea. But in 2004, […]

Royal Dutch Shell Plc .com: Russia’s first giant gas platform in place

6/27/2006 Source: Reuters VLADIVOSTOK, Russia • Russia’s first giant natural gas platform has been installed off the island of Sakhalin in the far east of the country, a consortium led by energy group Royal Dutch Shell announced yesterday. David Grier, executive director of the Shell-led Sakhalin Energy consortium, said the completion of the Lounskaya 2 […]