We recently became aware from Shell insiders of a treasure trove of Shell internal emails from a senior Shell manager, Mr. “Hans” Bouman, which were widely circulated as collector items because of their outspoken and eloquent content, often on controversial subjects. We appealed for more and are delighted to say that they are starting to [...]
Posts on ‘July 25th, 2006’
Associated Press: Shell shuts off some Nigerian oil output
KATHERINE HOURELD LAGOS, Nigeria – Royal Dutch Shell PLC has shut off 180,000 barrels of daily crude-oil production in Nigeria because of an unexplained pipeline leak, a company spokesman said Tuesday. The shutdown of the pipeline in the eastern Niger Delta brings the company’s total daily production losses in Nigeria to more than 650,000 barrels [...]
UpstreamOnline: Results flag day for BP
By Upstream staff UK supermajor BP saw its replacement cost net profit surge by 23% in the second quarter of the year, putting it at a record $6.118 billion, as high oil prices more than made up for a drop in output. Excluding one-off items, the result was $6.112 billion, ahead of an average forecast [...]
ShellNews.net: Come on Shell. Lets have a real online debate…
Disclaimer: We do not vouch for the authenticity or veracity of any information posted on our Live Chat facility other than information posted by us under the “RoyalDutchShellPlc” name. Visitors to this website must use their own judgement when reading all other postings. We have no way of identifying the source of any “guest” posting. [...]
Live Chat Comment: a Shell/Total merger?
guest_9965 : I wonder when we are going to see the next phase of (inevitable) consolidation in the industry. Shell has been the bridesmaid for so long it would be rather nice to see it at the altar – a Shell/Total merger would seem entirely sensible. It would also allow a floor to ceiling re-vamp [...]
Financial Times: Time to call it a day
EXTRACT: Lord Browne may be the outstanding oil-man of his generation, and pressure from some BP executives and shareholders to keep him is understandable. He changed their company into a worldwide major with the biggest foreign stake in Russia, and exploited low oil prices in the late 1990s to snap up much of the old Rockefeller [...]
Reuters: At least 15 killed in Nigerian fighting
ABUJA, Nigeria (Reuters) — The latest violence linked to next year’s elections in Nigeria has killed at least 15 people in two southern states, local leaders and police said Monday. Gangs sponsored by two rival politicians from the town of Bodo in oil-producing Rivers state have been attacking each other with AK-47 rifles, machetes, axes [...]
Daily Telegraph: Database: Energy
• BG Group, the UK’s third-largest oil and gas company, said second-quarter profit fell 14pc as the company paid more taxes and didn’t repeat gains from the sale of a stake in a Kazakhstan field. • BP and Royal Dutch Shell, Europe’s biggest oil companies, may say this week that second-quarter earnings climbed because of [...]
The Wall Street Journal: Exxon Reports Small Oil Spill At Russian Project
EXTRACT: In May, a Russian government agency said Russian companies should gain control over both the Exxon-led project, known as Sakhalin-1, and a project called Sakhalin-2, led by Royal Dutch Shell PLC. THE ARTICLE By JEFFREY BALL July 25, 2006; Page A2 Exxon Mobil Corp. said it spilled a small amount of oil at a huge [...]
The Wall Street Journal: Oil News Roundup: July 24, 2006 8.03pm
THE WALL STREET JOURNAL ONLINE July 24, 2006 8:03 p.m. Oil futures topped $75 a barrel Monday, partly on the back of a gasoline rally triggered by refinery snags. Those ranged from an outage at a ConocoPhillips refinery in Illinois to a production problem at Venezuela’s largest refinery, heightening worries about supplies during the peak-demand [...]
The New York Times: Oil Rises Past $75 on Mideast, Refinery Woes
EXTRACT: Hiccups at several U.S. plants, forecasts for a tropical disturbance to form in the Gulf of Mexico in the next few days and news that Royal Dutch Shell (RDSa.L) had been forced to trim more output at its Nigerian Bonny oilfields added to the unease. THE ARTICLE By REUTERS Published: July 25, 2006 Filed [...]
Business Report (South Africa): Shell, Exxon renew hunt for crude in Asia
July 25, 2006 Edition 1 Maryelle Demongeot Singapore – Oil majors are stepping up exploration in ageing or neglected areas of Asia, potentially helping lift output a decade after shunning the region to hunt for giant oilfields in more prospective patches. Asia’s relative political and fiscal stability, untapped deep-water reserves and proximity to fast-growing markets [...]
The Scotsman: Shell displays faith in future with £25m oil and gas hub
FRANK URQUHART Tue 25 Jul 2006 THE oil giant Shell has announced plans for a £25 million “centre of excellence” in Aberdeen, underlining its commitment to the North Sea. A new state-of-the-art technical campus will be built to serve as a long-term base for expertise to support engineering, design and subsea developments for the global [...]


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