Royal Dutch Shell plc .com Rotating Header Image

Posts on ‘May 2nd, 2008’

SAKHALIN II: Allegation Craig out to kill anybody who leaks news of massive environmental damage

I can confirm that a massive hydrotest failure did occur last week causing massive environmental damage and another project delay. Nobody is allowed to talk about it and Craig is out to kill anybody to leaks this news, so I will keep my head down.

Iran says it did not give Total and Shell an ultimatum regarding South Pars gas field

Iranian Oil Minister Gholam Hossein Nozari said Iran did not give Total and Shell an ultimatum regarding the South Pars gas field.

Chevron 1Q profit rises 10 percent on higher oil prices

SAN RAMON, Calif. (AP) — Coming off four straight years of record earnings, Chevron Corp. cashed in on soaring oil prices to begin 2008 with the most profitable first quarter in its history.

Nigeria: Court Stops Shell From Terminating Company’s Contract

The order was sequel to an ex-parte motion filed for the firm by one Mr. Seni Adio of the law firm of Copley and Partners, accusing Shell of some underhand dealing…

Article by former Royal Dutch Shell executive Paddy Briggs: Shell pulls out of Wind Farm project

“…as a commentator on brand and reputation management I find Shell’s mismatch between rhetoric and reality a continuing and monstrous disgrace.”

It’s not the most elegant phrase to use but it seems appropriate – come on Shell “Cut the crap”.

Brief fuel price protest at Shell UK refinery

LONDON, May 2 (Reuters) – About 50 people briefly blocked access to Royal Dutch Shell’s 245,000 barrel per day Stanlow refinery in Wales on Thursday night in protest against high fuel prices, the company said.

Woodside Says High Oil Prices Helping Fund Pluto LNG

Woodside still expects to borrow some funds to finance the A$12 billion ($11.3 billion) project, either through banks or the bond market, Chief Financial OfficerMark Chatterji said in an interview. He declined to say when the company, 34 percent owned by Royal Dutch Shell Plc, may sell bonds.

Shell Says in Talks to Export Iraqi Gas Via Turkey

Shell and Turkiye Petrolleri are working on a memorandum of understanding on the project, to be run by the Turkish Energy Ministry, said Canan Ediboglu, Shell’s country chairwoman in Turkey. She said the agreement may be completed “very soon.”

Shell completes transfer of Dunlin cluster to Fairfield

OIL giant Shell yesterday announced the completion of the transfer of ownership of the Dunlin cluster of fields in the northern North Sea, only a week after revealing plans to axe up to 300 jobs at its Aberdeen offices.

Shell Quits Wind Venture

Neither Shell nor any of the partners would comment on possible buyers for Shell’s stake.

Oil Giant Pulls out of U.K. Wind Farm

Royal Dutch Shell said it is pulling out of the “London Array,” which—if it ever gets built—will be one of the world’s largest wind farms. Shell says it will put its one-third stake in the $4 billion project up for sale, part of its regular review of investments. Shell’s departure leaves the other two partners, Germany’s E.On and Denmark’s DONG, holding the bag on an increasingly expensive and complex project.

Exxon’s $10.89 Billion Net Disappoints Investors, Fuels Gathering Political Storm

Exxon Mobil Corp.’s $10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future of the industry.

Utilities, Plug-In Cars: Near Collision?

The plug-ins are a new generation of hybrid cars that can run 10 to 40 miles on electric batteries before they have to tap their gasoline engines. This gives them, on a tank of gas, a driving range of as much as 600 miles without recharges to potentially thousands of miles with recharges.

Shell pulls out of UK offshore wind farm

The UK government said the London Array was likely to go ahead without Shell’s participation.

Wind farm ambitions dealt a blow

Shell’s surprise decision to pull out of the world’s biggest planned offshore wind farm, the 341-turbine London Array in the Thames Estuary, has thrown into doubt Britain’s attractiveness as a site for offshore wind farms.