March 03, 2008: 11:59 AM EST LONDON -(Dow Jones)- State-owned Nigerian National Petroleum Corporation, or NNPC, is “very close” to striking a deal with oil majors on a $8 billion in funding gap, a senior NNPC manager said Monday. A deal could help the resumption of critical oil investments in Nigeria after NNPC delayed payments [...]
Posts on ‘March 3rd, 2008’
The Guardian: Gas flows to UK via Shell terminal after fire
Reuters Monday March 3 2008 LONDON, March 3 (Reuters) – Gas started flowing into the British gas network through the Royal Dutch Shell-operated import terminal at Bacton just before 1700 GMT on Monday after being shut out following a fire on Feb. 28, data from National Grid showed. Flow data on the network operator’s website [...]
Earth Times: Motiva Transitions 51 New Orleans Area Shell Stations to Lavigne Baker LLC
Mon, 03 Mar 2008 14:08:22 GMT Author : Shell Oil Company Category : PressRelease HOUSTON, March 3 /PRNewswire/ — Motiva Enterprises LLC (Motiva) today announced that southern Louisiana-based Lavigne Baker LLC (Lavigne Baker) will acquire 51 of its Shell-branded retail locations in the greater New Orleans area. All 51 stations will continue to operate [...]
The Tide News: Shell’s $20bn projects boost local content in N’Delta
Nelson Chukwudi Monday, Mar 3, 2008 Shell, the largest oil and gas company in Nigeria, has said that its $20 billion investment in development projects across the Niger Delta would boost local content aspiration of Nigerians in the most critical sector of the economy. These investments have 60 per cent Nigerian stake in ownership and [...]
Houston Chronicle: Robert Redford to speak at documentary screening (*Redford AND John Hofmeister on the same billing)
March 2, 2008, 5:46PM Chronicle staff Actor and environmentalist Robert Redford will introduce his new documentary, Fighting Goliath: Texas Coal Wars, at 7:30 p.m. March 27 at the Wortham Theater Center. Redford also will participate in a panel discussion following the 30-minute film, which is being presented by the Progressive Forum. Panelists include Houston Mayor [...]
Times of Malta: European firm thrives in Iran despite sanctions
Monday, 3rd March 2008 Reuters Robert Mills, country manager of German-owned delivery and logistics group DHL Express, says his firm is enjoying explosive growth in Iran, despite tightening international sanctions on the Islamic Republic over its disputed nuclear plans. With a longstanding US embargo barring two key rivals from entering the world’s fourth-largest crude producer, [...]
UpstreamOnline: One hurt in Bonny Island attack
By Upstream staff Attackers armed with automatic rifles and dynamite blew up a police houseboat on the Bonny Island oil and gas export hub in Nigeria’s southern Niger Delta, seriously injuring one person, a police spokeswoman said. No oil and gas facilities were damaged. Anglo-Dutch supermajor Shell has an oil export terminal at Bonny and [...]
oilandgasnewsonline.com: Cheap renewable energy still far off says Veer
Volume: 25, No. 9: March 3 – 9, 2008 BRUSSELS: The world faces a doubling of energy demand by 2050 but renewable sources are still too expensive and will take decades to make a big impact, Royal Dutch Shell CEO Jeroen van der Veer said. In a speech on “Shell scenarios for the 21st century”, [...]
oilandgasnewsonline.com: Shell sees big oil, gas potential in US Arctic
Volume: 25, No. 9 March 3 – 9, 2008 ANCHORAGE: Royal Dutch Shell is looking for oil and gas in the Chukchi and Beaufort Seas off the coast of Alaska, but the finds will have to be significant to justify the huge cost of development, a senior Shell executive said. Shell surprised many in the [...]
Financial Times: Activists target oil
Published: March 3 2008 02:00 | Last updated: March 3 2008 02:00 The archetypal oilman is the “wildcatter”, smelling out opportunities below the surface. Activist fund managers, who also like to think of themselves as mavericks, see a chance to strike it big in the US energy sector. Both Icahn Partners and Jana Partners have [...]
Financial Times: Stagflation fears as commodities post strongest gains since 1970s
By Javier Blas in Vienna Published: March 3 2008 02:00 | Last updated: March 3 2008 02:00 Commodities prices posted their biggest monthly gains in February since the oil crisis of the 1970s and have enjoyed their strongest start to any year for half a century. The gains have been fuelled by an explosion in [...]
Financial Times: Gas is key to future growth of oil groups
By Sheila McNulty in Houston Published: March 2 2008 18:42 | Last updated: March 2 2008 18:42 The world’s international oil groups are turning to gas for future growth after increasingly being blocked by national companies from pursuing oil opportunities. Gas-centred deals such as Chevron’s 2005 acquisition of Unocal, ConocoPhillips’ 2006 purchase of Burlington Resources [...]
Daily Telegraph: Shell likely to miss Canada tar sands
By Russell Hotten Last Updated: 1:48am GMT 03/03/2008 Hopes that Royal Dutch Shell would be allowed to include oil reserves from a huge project in Canada in time for a major strategy announcement later this month have been dashed. This will disappoint the City and raise concern about the Anglo-Dutch giant’s ability to grow profits [...]
Shell Blog RSS Feed
