Posts on ‘April 1st, 2008’

Tue Apr 1, 2008 4:37pm EDT  WASHINGTON, April 1 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research) is ready to help Iraq boost oil production once that country’s government finalizes a petroleum law covering big energy projects, the head of the oil giant said on Tuesday. “We are very much prepared to go back [...]

Lawmakers criticize industry for taking tax breaks amid record-high prices while underinvesting in renewable resources. By Steve Hargreaves, CNNMoney.com staff writer Last Updated: April 1, 2008: 3:19 PM EDT NEW YORK (CNNMoney.com) — Lawmakers grilled executives from the world’s five largest publicly traded oil companies Tuesday, criticizing them for taking tax subsidies and not investing [...]

The Associated Press Published: April 1, 2008 WASHINGTON: Royal Dutch Shell CEO Jeroen van der Veer said Tuesday he expected easy-to-produce oil and gas would likely peak in the next 10 years. Van der Veer said while depletion of maturing conventional resources would certainly play a key role in peak production, lack of access to [...]

Apr 1, 2:35 PM (ET) By H. JOSEF HEBERT WASHINGTON (AP) – Top executives of the five biggest U.S. oil companies were pressed Tuesday to explain the soaring fuel prices amid huge industry profits and why they weren’t investing more to develop renewable energy source such as wind and solar. The executives, peppered with questions [...]

Slickly does it By Kelly Fiveash Tuesday 1st April 2008 15:57 GMT Royal Dutch Shell has claimed that no more than 30 jobs will be axed following the firm’s decision to outsource more than 3,000 worldwide IT staff. A spokeswoman at the oil multinational told The Register that it had set a “maximum headcount” of [...]

April 1, 2008 11:57 AM EDT Announcing Finalists in Finland’s $1.8 Million Technology Prize WHAT:  The three American finalists of the Millennium Technology Prize, Finland’s bi-annual prize for technology advancement for the betterment of humanity, will be introduced at a press briefing.     WHO:     — Jorma Ollila, chairman of both Nokia and Royal Dutch [...]

By Upstream staff A fire has broken out on the Shell-operated Trans-Niger oil export pipeline in Nigeria, but oil loadings have so far not been affected, the supermajor said today. The cause of the fire, which started on a section of the Trans-Niger pipeline in the Ogoni area in the southern state of Rivers state [...]

By John Donovan The following interesting discussion took place on our Live Chat facility following publication of our article… LATEST EMAIL CORRESPONDENCE WITH ROYAL DUTCH SHELL COMPANY SECRETARY MICHIEL BRANDJES PUBLISHED 28 MARCH 2008 The discussion concerns Shell’s surreptitious activities on the Internet. Related Live Chat discussion (We have inserted relevant hyperlinks) Guest 9362: The [...]

Tue Apr 1, 2008 2:06pm IST MOSCOW, April 1 (Reuters) – Russia’s Gazprom (GAZP.MM: Quote, Profile, Research) wants to supply a quarter of the world’s liquefied natural gas needs by 2030 to diversify away from pipeline gas supplies and become a global energy player, a Gazprom executive said on Tuesday. Gazprom, the world’s largest gas [...]

By Jacob Gronholt-Pedersen Last update: 5:33 a.m. EDT April 1, 2008 MOSCOW (MarketWatch) — Royal Dutch Shell will enter a joint venture between Russia’s top oil producer OAO Rosneft and China’s state oil company China National Petroleum Corp., or CNPC, a Rosneft spokesman said Tuesday. Shell has won a tender to carry out a feasibility [...]

Email us your feedback at fd@bizedge.com KUALA LUMPUR: Malaysia is poised to reap significant benefits with the impending entry of AT&T and T-Systems into Cyberjaya and another company, EDS, expected to expand its presence there, following the signing of multi-billion ringgit outsourcing contracts between Royal Dutch Shell and the three global IT services providers. Shell [...]

By Alexander Kwiatkowski and Dulue Mbachu April 1 (Bloomberg) — Royal Dutch Shell Plc, Europe’s biggest oil company, said two pipelines were on fire in Nigeria’s Port Harcourt area, including one which transports crude to the Bonny export terminal. A fire was discovered on Shell’s Trans-Niger pipeline on March 30 and is still burning, Shell [...]

By Ed Crooks and Andrew Parker in London Published: April 1 2008 03:00 | Last updated: April 1 2008 03:00 Royal Dutch Shell, Europe’s biggest oil company, has signed one of the biggest outsourcing deals of recent years with the award of more than $4bn worth of contracts over five years to manage its IT [...]

By Emiliya Mychasuk and Emiko Terazono Published: April 1 2008 03:00 | Last updated: April 1 2008 03:00 Centrica chief Sam Laidlaw has recruited from outside for his new boss of the upstream operations, after the retirement of the well-known Jake Ulrich . The new man, Mark Hanafin , becomes managing director of the Centrica [...]

*ROYAL DUTCH SHELL CHIEF FINANCIAL OFFICER PETER VOSER HAS BEEN A DIRECTOR SINCE APRIL 2005 OF THIS SCANDAL HIT BANK WHICH IS IN A DEEP FINANCIAL CRISIS: HE IS A MEMBER OF THE UBS BOARD FACING MOUNTING CRITICISM OVER FAILURE TO IDENTITY HUGE EXPOSURE AND ITS SUBSEQUENT MISHANDLING OF THE CRISIS By Haig Simonian in Zurich Published: [...]