By Andy Critchlow Jan. 24 (Bloomberg) — Abu Dhabi and partners including Exxon Mobil Corp. and Royal Dutch Shell Plc. plan to boost output from five onshore oil fields by 600,000 barrels a day as it seeks to increase its share of world supply. Abu Dhabi Company for Onshore Oil Operations is seeking bids from [...]
Posts on ‘January 24th, 2007’
AFX News: Chinguetti-18 development well in Mauritania
LONDON (AFX) – Roc Oil Company Ltd said results from its 3.25 pct-owned Chinguetti-18 development well in Mauritania are in line with expectations, and completion of drilling is scheduled for mid-February. (Chinguetti (Woodside field – 34% Shell)
The Independent (UK): Shell close to gas deal with Iran
Published: Jan 24, 2007 Spain’s Repsol and Royal Dutch Shell expect to sign a preliminary deal with Iran in the coming days for a $4.3bn liquefied natural gas (LNG) plant and port terminal which would serve part of Iran’s South Pars gas field. A deal would be a blow to Washington, which has barred US [...]
Business Wire: Catalyst Honors Initiatives at Goldman Sachs, PepsiCo, PricewaterhouseCoopers, and Scotiabank
Published: Jan 24, 2007 2007 Catalyst Award Celebrates 20th Anniversary Recognizing Innovative Initiatives that Advance Women and Business Catalyst Susan Nierenberg, 646-388-7744 snierenberg@catalyst.org or Serena Fong, 646-388-7757 sfong@catalyst.org or Adam Deitch, 646-388-7725 adeitch@catalyst.org EXTRACT: The dinner is sponsored by Shell Oil Company, winner of the 2004 Catalyst Award for its cutting edge initiative, which changed [...]
Irish Independent: Italians probe fuel ‘fixing’
Published: Jan 24, 2007 ITALY’S antitrust watchdog has opened a probe into possible price-fixing by nine oil companies, including Eni SpA and the Italian units of Royal Dutch Shell, Total SA and Exxon Mobil, the regulator said yesterday. The nine companies could have been sharing information since the end of 2004 to set gasoline prices [...]
Financial Times: Interest in Iranian gas field escalates
By Ed Crooksand Stephen Fidler Published: January 24 2007 02:00 | Last updated: January 24 2007 02:00 Royal Dutch Shell is expected to sign an agreement on Saturday bringing it closer to a large investment in Iran, in spite of the threat of further pressure on the country over its nuclear programme. A document seen [...]
The Globe & Mail: Shell minority investors bash bid: Say increased offer undervalues unit
DAVID EBNER CALGARY — Minority shareholders of Shell Canada Ltd. aren’t happy with an increased bid from majority owner Royal Dutch Shell PLC for the portion of the company it doesn’t own, even as the new $8.7-billion deal was endorsed yesterday by Shell Canada. Several minority shareholders, accounting for about 20 per cent of the [...]
The Tide Online (Nigeria): Issues in the Niger Delta crises
Wednesday, Jan 24, 2007 It is no longer news, the going, on in the Niger Delta but what continues to agitate the minds of many is, what the real and substantive issues are; the true picture of the happenings and why it seems difficult to reach a mutually acceptable agreement by all the stakeholders. In [...]
Financial Times: Shell increases Canadian offer
By Ed Crooks, Energy Editor Published: January 24 2007 02:00 | Last updated: January 24 2007 02:00 Royal Dutch Shell has raised its offer for the minority shareholding in Shell Canada, its 78 per cent-owned subsidiary, reflecting determination to secure control over what it expects to be one of its most important areas for future [...]
Financial Times: States should create a climate for change
By JEROEN van der VEER The writer is chief executive of Royal Dutch Shell Published: January 24 2007 02:00 | Last updated: January 24 2007 02:00 Systemic changes are needed in order to promote effective action to tackle carbon dioxide emissions. Society needs more energy as much as it needs better ways to reduce the [...]
New York Times: Canada: Bid for Shell Canada Shares Is Raised
By IAN AUSTEN Published: January 24, 2007 After an earlier offer received a cool reception from minority shareholders, Royal Dutch Shell increased its bid for the portion of Shell Canada it does not own to 45 Canadian dollars ($38.10) a share from 40 Canadian dollars. The new offer values the 22 percent of Shell Canada [...]
The Guardian: BG heats up on talk of a bid from BP
Nick Fletcher Wednesday January 24, 2007 There was a late burst of excitement in gas group BG yesterday, up 11p to 662.5p, on vague rumours of a possible bid from BP, up 4p to 545p. Some traders said BP’s soon to depart Lord Browne might see such a takeover as a fitting legacy, having apparently [...]
Houston Chronicle: Another grand year for Big Oil: Analysts predict hefty 2006 profits but a falling-off in the near future
By KRISTEN HAYS Upcoming earnings reports for energy companies: • ConocoPhillips: Today • Exxon Mobil: Feb. 1 • Marathon: Feb. 1 • Shell: Feb. 1 • Chevron: Feb. 2 • BP: Feb. 6 Source: companies High oil and natural gas prices fueled unprecedented profits for oil majors in 2005, and analysts expect lofty year-end figures [...]
SEATTLE POST-INTELLIGENCER: Board’s ban on global warming film challenged
EXTRACT: This fall, the debate over “An Inconvenient Truth” as an educational tool flared up when the National Science Teachers Association chose not to send its members free copies of the movie provided by the documentary’s producers. Critics attacked the decision and questioned the group’s acceptance of corporate funding, including donations from oil giants Exxon [...]
TradeArabia.com: Repsol, Shell ‘near $4.3 bln Iran LNG deal’
Posted: Wednesday, January 24, 2007 Madrid: Spain’s Repsol and Royal Dutch Shell expect to sign a preliminary deal with Iran in coming days for a $4.3 billion liquefied natural gas (LNG) plant and port terminal, a source close to the deal said. Repsol and Shell hope to clinch a final agreement on the facilities, [...]

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