Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘March, 2007’

Sunday Telegraph: Investors to quiz BP over Yukos bid

By Sylvia Pfeifer, Last Updated: 12:13am BST 01/04/2007 Some of BP’s largest shareholders have expressed grave misgivings over the role of the British oil giant in the controversial auction of the remaining assets of Yukos, the bankrupt Russian oil group, last week. At least two of BP’s top 20 shareholders are understood to be planning […]

Sunday Telegraph: Dancing with the Kremlin

Sunday 1 April 2007 You could almost feel sorry for Tony Hayward, BP’s chief executive in waiting. Before even starting the job he was catapulted into a diplomatic dilemma this month that makes Tony Blair’s efforts to negotiate with Tehran look like a walk in the desert. The intimidating venue was the Kremlin, where Hayward […] British oil worker abducted off Nigeria

April 1, 2007 A British oil worker was kidnapped from an offshore drilling rig in Nigeria yesterday, officials and industry sources said. “We can confirm there was an incident in the early hours of this morning in which a British national was taken hostage,” a spokeswoman for Britain’s Foreign Office in London said. “We are […]

The Washington Post: British oil worker abducted off Nigeria

By Tom Ashby Reuters Saturday, March 31, 2007; 10:05 AM LAGOS (Reuters) – Gunmen in two speedboats abducted a British oil worker in a pre-dawn raid on a drilling rig 40 miles off the coast of Nigeria on Saturday, officials and industry sources said. The gunmen first targeted a support vessel moored to the Bulford […]

Petroleum News: Shell eyes bigger quarters in Anchorage

Week of April 01, 2007: Vol. 12, No. 13  Oil Patch Insider Shell is said to be scouting commercial office space in Alaska on the lookout for at least 35,000 square feet to house a substantially expanded in-state exploration team. The Houston, Texas-based company currently maintains a small office in Anchorage, but has become increasingly […]

Petroleum News: Shell wins NOIA 2007 Safety in Seas Award

Week of April 01, 2007: Vol. 12, No. 13  Shell Exploration & Production Co. was awarded the 2006 National Ocean Industries Association Safety in Seas Award on March 29, recognizing the company’s “outstanding contribution to the safety of life offshore for energy workers,” NOIA said in a statement. Shell received the award for its “exceptional […]

UPI Energy Watch: Gazprom unable to join Sakhalin-2 by deadline

By ANDREA R. MIHAILESCU UPI Energy Correspondent Russian natural gas giant Gazprom is short of time to join the oil and gas project Sakhalin-2 by the end of March, ITAR-TASS reported Friday. Gazprom had hoped to complete the deal by March 31. “Sakhalin-2 is a very large project, and a great amount of details that […]

Financial Times: LETTERS TO THE EDITOR: Paint sector stripped almost to the base

EXTRACT: The location of Shell’s headquarters in the Netherlands away from the world’s top financial centre may be emulated by Barclays/ABN Amro if those two banks merge, showing that we favour cutting our nose to spite our prospects. THE ARTICLE By Martin Simons Published: March 31 2007 03:00 | Last updated: March 31 2007 03:00 […]

Borneo Bulletin: New Vessel For Brunei Shell

Bandar Seri Begawan – Brunei Shell Petroleum Company Sdn Bhd (BSP) has added another workhorse in support of the oil and gas industry. Last Monday saw the successful launching of the “MV Belait Aishah” in Port Kiang, Malaysia. The vessel is a Well Service Support/Offshore Maintenance Vessel (WSS/OM Vessel) and it is the very first […]

The Wall Street Journal: Exxon Forms $5 Billion Joint Venture In China With Sinopec, Saudi Aramco

By SHAI OSTER March 30, 2007 4:53 a.m. BEIJING — In one of the biggest deals of its kind, U.S. oil giant Exxon Mobil Corp. Friday signed a deal with Saudi Aramco and China Petroleum and Chemical Corp., better known as Sinopec, to expand an oil refinery in China’s rich southern province of Fujian and […]

The Wall Street Journal: Farmers Play Ethanol Roulette (includes commentary about Jeroen van der Veer)

If you’re hungry for WSJ energy news, but too busy to flip through the entire paper to find it, here’s a quick roundup: Across the U.S. plains, farmers are placing big bets on where the price of corn will go in 2007. They are preparing to plant more corn than they have in decades, spending […]

UpstreamOnline: Ex-Shell boss to spearhead Delta

Van de Vijver shakes off reserves scandal to form investment outfit CHRISTOPHER HOPSON London ROYAL Dutch Shell’s former upstream chief executive Walter van de Vijver is returning to the oil and gas industry, raising about $1 billion of private equity to form a new company called Delta Hydrocarbons. Van de Vijver has founded the new […]

Bloomberg: Gazprom, Shell Expect to Close Sakhalin-2 Deal By Year’s End

By Torrey Clark March 30 (Bloomberg) — Royal Dutch Shell Plc expects to cede control of the Sakhalin-2 project in Russia’s Far East to state-run OAO Gazprom by the end of the year as the two sides hash out the details of the $7.45 billion deal. “Work is progressing well on the details,” said Maxim […]

Royal Dutch Shell Plc: Shell and Alliance to establish retail joint venture

30 March 2007 Shell International Petroleum Company Ltd (Shell) and OJSC Alliance Group (Alliance) announce a commitment to establishing a joint venture to operate a network of more than 150 Shell-branded retail sites in the Ukraine.  This deal will provide Ukrainian customers with access to high quality fuels at competitive prices and with an emphasis […]

Kommersant: Russian Authorities Pull Out of Dispute with Sakhalin Energy

Russia is not going to sue Sakhalin Energy for environmental violations in the Sakhalin-2 project, a natural resources official said Thursday. Deputy Head of the Federal Resource Management Agency Oleg Mitvol earlier announced that the agency was planning to go to Russian, European and “all possible courts” to appeal the violations. Mr. Mitvol, however, mentioned […]

Lloyds List: Shell scraps its plans for Gulf Landing

Published: Mar 30, 2007 Oil major Shell has scrapped plans to build a liquefied natural gas terminal in the Gulf of Mexico, writes Tony Gray . Shell said the Gulf Landing project was not needed because import capacity would be enough without it. ‘It is just an assessment of the market,’ said project manager Greg […]

%d bloggers like this: