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Posts from ‘March, 2008’

Houston Business Journal: Shell awards $1.6B contract to AT&T

Monday, March 31, 2008 – 2:07 PM CDT Some Shell employees in Houston will be affected by Royal Dutch Shell plc’s selection of AT&T Inc. as its global communications infrastructure manager. Shell, based in The Hague, Netherlands, has its United States headquarters in Houston, where 60 employees have been given the opportunity to transfer to […]

Reuters: Oil execs to take heat from lawmakers Tuesday

Monday March 31, 3:35 pm ET By Chris Baltimore WASHINGTON (Reuters) – Five U.S. oil company executives set to testify on Capitol Hill on Tuesday about soaring gasoline prices and record industry profits will likely offer a common defense: It’s not our fault.   U.S. average pump prices have risen steadily since the beginning of […]

The Register: Shell waves goodbye to 3,000 IT staffers in $4bn outsourcing gig

By Kelly Fiveash Monday 31st March 2008 17:31 GMT Royal Dutch Shell today inked three outsourcing deals – worth $4.2bn over five years – to spin out IT and telecoms operations. In January, a leaked memo to staff revealed the oil company was in outsourcing talks with EDS, AT&T and T-Systems. Today, Shell sealed separate […]

Bloomberg: Centrica Hires Shell’s Hanafin to Replace Ulrich as Gas Chief

By Paul Dobson March 31 (Bloomberg) — Centrica Plc, Britain’s biggest energy supplier, hired Mark Hanafin from Royal Dutch Shell Plc to replace Jake Ulrich as managing director for the natural-gas production business and European operations. Ulrich will retire at the end of July after heading the company’s upstream business for 11 years, Windsor, England-based […]

Reuters: 1-T-Systems lands 5-yr, 1 bln-euro Shell contract

Mon Mar 31, 2008 8:18am EDT FRANKFURT, March 31 (Reuters) – Deutsche Telekom (DTEGn.DE: Quote, Profile, Research) said on Monday its business client unit T-Systems has won an information technology contract from Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) worth 1 billion euros ($1.58 billion) over five years. T-Systems, which this month announced an […]

NEW EUROPE: Kremlin Inc puts TNK-BP in its crosshairs

Author: Kostis Geropoulos 31 March 2008 – Issue : 775 UK oil giant BP downplayed the recent pressure piling on its Russian joint venture, TNK-BP. “What tension are you referring to? Where have you heard tension?” BP spokesman Toby Odone asked, laughing. The Russian Interior Ministry said the firm had violated immigration law by obtaining […] EDS Signs 5-Year, $1 Billion IT Outsourcing Pact With Shell

March 31, 2008: 06:47 AM EST DOW JONES NEWSWIRES Electronic Data Systems Corp. (EDS) Monday said it signed a five-year, $1 billion information-technology master services agreement with Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSA). EDS said the deal is one of three IT outsourcing agreements between Shell and three key suppliers, and is expected […]

International Herald Tribune: Shell awards $4 billion 5-year contract to AT&T, EDS and T-Systems

The Associated Press Monday, March 31, 2008 AMSTERDAM, Netherlands: Royal Dutch Shell PLC, Europe’s largest oil company, says it will pay AT&T, EDS and T-Systems a combined $4 billion over the next five years to manage its computer and communications systems. Shell says AT&T Inc. will manage its telecommunications; T-Systems, an arm of Deutsche Telekom […]

Toronto Star: Oil firms are caught in a squeeze play: Exxon has avoided faked-reserve scandals that have plagued rival Royal Dutch/Shell PLC

MIKE STONE/REUTERS FILE PHOTO Exxon Mobil chair and CEO Rex Tillerson has put his company on top of the corporate world with sound investment decisions. May 30, 2007.   Investor-owned oil majors like Exxon will no longer be able to increase their reserves, say analysts, because of new attitudes in oil-producing nations Mar 31, 2008 […]

International Herald Tribune: In gas-rich Gulf, supplies fall short

By Neil Partrick Sunday, March 30, 2008 DUBAI: According to BP’s latest “Statistical Review of World Energy,” Iran and Qatar sit on 30 percent of the world’s total natural gas reserves. Yet within the Gulf, the ability to meet the growing local demand for natural gas is being frustrated by underdeveloped supply mechanisms and limited […]

American Chronicle: Successes Sneaking Up on Us?

David Swanson March 30, 2008 Did you realize that…? Residents of Norco, La., poisoned by a Shell oil refinery and a Shell chemical plant, forced the company to pay the cost of residents relocating. A housewife in Niagara Falls, N.Y., organized her community against local pollution in a campaign that led to the creation of […]

UpstreamOnline: NWSV gives North Rankin B thumbs up

By Upstream staff Australia’s North West Shelf Venture (NWSV) has decided to press ahead with the A$ 5 billion development of the North Rankin 2 project off Western Australia, operator Woodside Petroleum said today. The final investment decision by the joint venture’s partners gives the green light for the installation of a second platform on […]

UpstreamOnline: Gabon oil workers threaten to widen strike

By Upstream staff Oil industry unions in Gabon threatened to call a nationwide strike if they fail to reach a deal to end a strike at Shell’s subsidiary in the country, where 60,000 bpd of production is shut in. “We are calling for the mobilisation of all ONEP members,” Guy Roger Aurat Reteno, secretary-general of […]

Associated Press: US demands to see Swiss-Iran contract

By BALZ BRUPPACHER, Associated Press Writer Sun Mar 30, 8:00 PM ET BERN, Switzerland – The U.S. has demanded to see a Swiss contract for natural gas supplies from Iran to see whether it violates an American sanctions law against Tehran, the U.S. Embassy in Switzerland said Sunday. A posting on the U.S. Embassy Web […]

THE WALL STREET JOURNAL: As Gas Prices Soar, Limited Supply Makes Old Pump Wars Scarce

DEJA VU By CYNTHIA CROSSEN March 31, 2008; Page B1 In 1923, William McMaster, then governor of South Dakota, called the price of gas in his state — 26.6 cents a gallon (equal to about $3.16 today) — “no less than highway robbery.” Late that summer, he asked Standard Oil Co., which supplied most of […]

The Guardian: Anger at HSBC plan to make bonuses easier to earn

Jill Treanor Monday March 31 2008 HSBC is preparing to publish a potentially controversial pay scheme that could allow its top executives to earn larger bonuses. Britain’s largest bank has consulted its biggest shareholders and is thought to have failed to reach a consensus of opinion among investors who will vote on the plan at […]

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