News and information on Shell Plc
Daily Mail: ‘Petrol profiteers’ hike fuel prices by 5p a litre ahead of refinery strike
By RAY MASSEY
Last updated at 13:07pm on 23rd April 2008
Petrol firms are being accused of profiteering after raising prices by up to 5p a litre in 48 hours.
The increases come ahead of a planned strike at a massive refinery which is expected to lead to fuel shortages.
Talks aimed at averting the planned 48-hour strike at the giant Grangemouth oil refinery resumed today at the conciliation service Acas.
The Lakeside Leader: Don’t hold your breath for Shell
Joe McWilliams
Lakeside Leader
Three weeks ago, Lesser Slave Lake MLA Pearl Calahasen raised a lot of eyebrows at a Slave Lake Chamber of Commerce meeting. She said that the oil company Shell was planning to invest $20 billion in a heavy oil project north of Wabasca. Not only that, but they expected a community of anywhere from 4,000 to 15,000 people to spring up in the bush.
Following up, The Leader found the company much more cautious in its pronouncements. Shell spokesman Kurt Kadatz said it would be likely the middle of the next decade before the company even makes a decision on investment on a commercial scale. Until then, he said, there’s no point in talking figures.
The Times: Royal Dutch Shell cuts 180 jobs as North Sea unit declines
April 24, 2008
Robin Pagnamenta
Royal Dutch Shell plans to cut 180 jobs from its North Sea operations as oil and gas production declines.
Shell said that the job losses would be mainly administrative positions at its headquarters in Aberdeen and would take place over the next three years as part of an efficiency drive.
Shell, the world’s second-largest listed oil company, has been scaling down its North Sea operation since June, when it put part of it up for sale and dropped plans for a £25 million new base in Aberdeen.
Reuters: Gazprom says Sakhalin LNG to start early 2009
Wed Apr 23, 2008 1:58pm BST
MOSCOW, April 23 (Reuters) – Russia’s gas export monopoly Gazprom said on Wednesday it was sticking to its deadline to start exports of liquefied natural gas (LNG) from its Pacific Sakhalin 2 project at the beginning of 2009.
“We will start our first LNG shipments at the beginning of next year at the latest,” Alexander Medvedev, head of Gazprom’s export arm, told a briefing.
Last year, Sakhalin Energy, the operator of Sakhalin 2, controlled by Gazprom and involving Royal Dutch/Shell, Mitsui and Mitsubishi, said it would delay first LNG shipments to spring 2009 from the initially planned end of this year.
ArabianBusiness.com: Iraq sets oil majors contract ultimatum
by Reuters on Wednesday, 23 April 2008
Iraq may drop oil service deals with oil majors if they fail to sign the contracts by June, Iraqi Oil Minister Hussain Al-Shahristani said on Tuesday.
Iraq is negotiating five short-term oilfield service contracts worth around $500 million each aimed at boosting its output by around a quarter. The Opec member had hoped to sign the contracts in March.
“June is a bit late, if they are not ready by then we might not really require technical service contracts… we may drop them if they are not signed soon,” he told reporters.
upstreamonline.com: Shell wields Aberdeen jobs axe
News wires
Anglo-Dutch supermajor Shell has confirmed it is to cut 180 jobs in Aberdeen and review practices regarding contractors, as it reviews its North Sea business.
In a statement, Shell said the cuts in office-based positions, representing 7% of its workforce in the Scottish city, were needed to keep its UK operations competitive in the face of rapidly rising industry costs.
Major players, such as Shell, BP and ExxonMobil have been selling assets and shedding jobs in the North Sea to focus on areas with greater exploration potential.
Bloomberg: Crude Oil Drops on Speculation Record Near $120 Was Unjustified
By Grant Smith
April 23 (Bloomberg) — Crude oil declined for the first time in four days on speculation yesterday’s record near $120 a barrel wasn’t justified.
Oil reached $119.90 a barrel yesterday when the U.S. dollar touched an all-time low of $1.6018 to the euro. Unions planning to strike at a 200,000 barrel-a-day refinery in Scotland next week are holding talks with the plant’s owners Ineos Group Holdings Plc today after failing to reach agreement yesterday.
The Press Association: North Sea jobs axed by Shell
Wednesday 23 April 2008
Oil giant Shell has announced that it is to axe 180 jobs in its North Sea operations.
Staff in Aberdeen were being told of the redundancies by Shell Europe’s vice president of exploration, Tom Botts.
Shell said the cuts – which affect office-based positions only – will be made over the next three years in order to improve efficiency.
The company currently employs about 2,500 people in Aberdeen.
Last June Shell put part of its North Sea operation up for sale and abandoned plans for a £25 million headquarters in Aberdeen.
Reuters: UPDATE 1-Shell to cut hundreds of jobs in Scotland – source
Wed Apr 23, 2008 6:53am EDT
By Tom Bergin
LONDON, April 23 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) is to cut hundreds of jobs in Aberdeen, as it sells oil fields in the declining North Sea, a source familiar with the matter said on Wednesday.
No one was immediately available for comment at Shell.
Major oil companies such as Shell, BP Plc (BP.L: Quote, Profile, Research) and Exxon Mobil (XOM.N: Quote, Profile, Research) have been selling assets in the North Sea to focus on areas which offer greater exploration potential.
BBC News: Shell to shed 180 Aberdeen jobs
Wednesday, 23 April 2008 09:59 UK
Shell said the 180 Aberdeen jobs were office-based
Oil giant Shell is to shed 180 jobs in Aberdeen, it has announced.
The company said the office-based posts were going in the next three years to help “secure its long-term competitive future in the UK”.
Staff at the company’s Aberdeen headquarters were given the news in a statement from management on Wednesday morning.
Shell said the move was due to market pressures and the need to remain competitive. Unions expressed concern.
The Press and Journal (Aberdeen): Shell to axe hundreds of jobs in Aberdeen: STAFF AND CONTRACTORSWILL HEAR NEWS TODAY
BY IAN FORSYTH
Published: 23/04/2008
Oil giant Shell will today announce that around 300 jobs are to go in Aberdeen.
Shell Europe’s vice-president of exploration, Tom Botts, will break the news to workers in the Granite City this morning.
The company currently employs about 2,500 people out of Aberdeen – a mix of staff and contractors.
It is thought a range of posts onshore and offshore are being targeted to go by the end of the decade.
Daily Telegraph: UBS ‘dumped its loans on us’ – client
By Philip Aldrick
Last Updated: 7:45am BST 23/04/2008
UBS bankers dumped half a billion dollars of “toxic” sub-prime mortgage securities on a client to boost revenues and secure their “extraordinary bonus payments” with no regard for the consequences, a letter of claim seen by The Daily Telegraph alleges.
German regional bank HSH Nordbank is suing the troubled Swiss giant, claiming that it lost at least $275m (£138m) in a scheme devised by UBS bankers “to enhance [their own] results”.
Reuters: Alaska rejects final Exxon plan for giant gas field
Tue Apr 22, 2008 7:45pm EDT
By Yereth Rosen
ANCHORAGE (Reuters) – Alaska on Tuesday rejected Exxon Mobil Corp’s (XOM.N: Quote, Profile, Research) latest plan for the giant Point Thomson natural gas field on the North Slope despite industry warnings of another lengthy setback to development of an Alaska gas pipeline.
Exxon said it will appeal the decision, which terminates the Point Thomson development unit and could lead to the cancellation of the field leases. A spokeswoman said the energy company plans to “pursue all alternatives to protect our rights to develop these resources.”
Yahoo! NEWS: Marcus Samuel’s Oil Excursion
Alan R. Elliott
Tue Apr 22, 6:21 PM ET
It had been three decades since the first oil well was drilled in 1859.
Cars hadn’t been invented, so no gas stations existed.
Oil was yet to be found in Texas.
Oil firms were producing kerosene to light lamps around the world, but John Rockefeller’s Standard Oil was losing ground.
Standard, based in Cleveland, ruled the industry, selling three of every four gallons of kerosene traded worldwide.
But in the late 1880s, Russian outfits run by two families — the Nobels and Rothschilds — were carving into Standard’s turf.
Bloomberg: Oil Is Little Changed After Rising to Record on Dollar Weakness
By Christian Schmollinger
April 23 (Bloomberg) — Crude oil was little changed in New York near a record as investors purchased commodities after the dollar fell to an all-time low against the euro and concern that global supply may be disrupted.
Oil surged to $119.90 a barrel yesterday after the dollar reached $1.6019 to the euro on expectations of higher European Central Bank interest rates. Royal Dutch Shell Plc closed 169,000 barrels a day of Nigerian supply after attacks on a pipeline last week. Russia, the world’s second-largest producer, earlier this month said first quarter output declined.
THE WALL STREET JOURNAL: Oil Sets New High, Nears $120
By GREGORY MEYER
April 23, 2008
Crude-oil futures came within a dime of $120 a barrel for the first time Tuesday on signs of shaky supply, sturdy global demand and a fresh low for the dollar.
Light, sweet crude for May delivery settled at $119.37 a barrel, up $1.89, or 1.6%, on the New York Mercantile Exchange upon expiry and in intraday trading rose as high as $119.90. Crude has settled at a record in six of the last seven trading sessions.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
30 November 2023: Posted by John Donovan
The content below is sourced from current verifiable customer reviews of Shell Energy published on Trustpilot.
Extremely slow broadband for 10 months, not fixed. I have had slow broadband well below the guaranteed speed for 10 months and Shell Energy have not been able to fix it. They have tried sending about 4 or 5 engineers but have not fixed the problem. Gurps, who I have been dealing with most recently, has been friendly and polite, alth… Read more
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John Donovan, the website owner
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. No advertising is accepted. It is an entirely free to use non-commercial website drawing attention to the negative side of Shell. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found here on WIKIMEDIA COMMONS. Use this link for Shell’s own website.
