Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘April, 2008’

Australian Aboriginals Seek `Economic Partnerships’ in LNG

Bloomberg: Australian Aboriginals Seek `Economic Partnerships’ in LNG By Angela Macdonald-Smith April 30 (Bloomberg) — Australian aboriginal groups will seek “economic partnerships” with ventures planning to develop liquefied natural gas projects in the far northeast, the head of a group representing indigenous communities in the region said. Such alliances are the best way to ensure […]

Nigerian Oil Workers Return to Work Amid Exxon Talks

Bloomberg: Nigerian Oil Workers Return to Work Amid Exxon Talks (Update2) By Julie Ziegler April 30 (Bloomberg) — A Nigerian oil workers’ union is sending members back to work today as part of a bargaining agreement as talks with management at Exxon Mobil Corp.’s local unit were scheduled to resume. Union and company representatives will […]

Shell speeds plans for Russian north

Calgary Herald: Shell speeds plans for Russian north From Herald News Services Published: Wednesday, April 30, 2008 Royal Dutch Shell PLC and its partners will accelerate planning to develop far-northern natural gas fields in Russia, Dutch premier Jan Peter Balkenende said. Balkenende held talks on energy projects with Russian Prime Minister Viktor Zubkov in the […]

Do not rest on your laurels, Hayward tells BP’s reformers

Financial Times: Do not rest on your laurels, Hayward tells BP’s reformers By Ed Crooks Published: April 30 2008 03:00 | Last updated: April 30 2008 03:00 Rarely can there have been such a clear case of the embarrassment of riches. Not many companies reporting a near-50 per cent rise in profits would immediately explain […]

Petrobras confident over deep water well

Financial Times: Petrobras confident over deep water well By Ed Crooks Published: April 30 2008 03:00 | Last updated: April 30 2008 03:00 In more than 2,000 metres of water off the coast of Brazil, Petrobras, the Brazilian national oil company, is drilling what could become one of most important oil wells of recent years. […]

Shell output up

Financial Times: Shell output up Published: April 30 2008 03:00 | Last updated: April 30 2008 03:00 For Royal Dutch Shell, which has been dogged by concerns about falling production, the rise in its first-quarter output reported yesterday, though small, was particularly welcome. The reason was the growth in its gas business. Shell still has […]

Shell and BP

Financial Times: Lex Column: Shell and BP Published: April 30 2008 03:00 | Last updated: April 30 2008 03:00 Mega-cap energy stocks are not supposed to move this much. Yesterday’s first-quarter figures from BP and Shell – comfortably above consensus in both cases – sent the pair’s shares up about 6 per cent. Investors may […]

oil fat cats should be hung up and beaten like scalded dogs

oil fat cats should be hung up and beaten like scalded dogs Comment posted by Daniel Dillard Shell, BP, Chevron, Exxon and all of you other money grubbing oil fat cats should be hung up and beaten like scalded dogs. YOur practices sicken me and the rest of the world. I hope we find another […]

Profits a slap in the face for 180 staff at Shell told less than seven days ago that they face redundancy

Photograph: David McNew/Getty images Brown wants profits poured into North Sea · BP and Shell announce £7bn bonanza · Motorists and greens united in condemnation Terry Macalister The Guardian, Wednesday April 30 2008 Gordon Brown stepped into a growing row about oil company profits yesterday, calling on BP and Shell to spend more of their […]

The power struggle: Oil companies rake in profits of £7.2bn as fuel prices soar

The Independent: The power struggle Oil companies rake in profits of £7.2bn as fuel prices soar By Cahal Milmo Wednesday, 30 April 2008 The price of power and who foots the bill for Britain’s rocketing energy costs took centre stage yesterday as the oil giants Shell and BP unveiled huge combined profits of £7.2bn, made […]

Opec chief warns ‘the price of oil could surge to $200′

The Times: Chemistry April 30, 2008 The rising price of oil should not bring tax relief Seeing petrol prices rise on the electronic boards outside filling stations is nothing compared to the shock when it comes to paying. A year ago the driver of an average-sized family saloon would have left the forecourt with a […]