Eni owns a 15% working interest in Stones. Shell (operator 35%), Marathon (25%), and Petrobras (25%) are the other partners.
Posts on ‘May 28th, 2008’
James Smith, speaking at a climate change workshop hosted by Thomson Reuters on Wednesday, said Shell had decided to sell its share of the London Array windfarm project after capital costs increased significantly in the past year.
May 28 (Bloomberg) — Exxon Mobil Corp. shareholders rejected resolutions calling on the world’s largest company to bar its chief executive officer from serving as chairman and adopt greenhouse-gas reduction targets.
Shell is demonstrating its commitment to fuels innovation and the development of sustainable, low-carbon fuels with the blending of BTL (Biomass to Liquids) into its Shell V-Power Diesel race fuel at the 24 Hours of Le Mans race, in France on June 14, 2008.
DALLAS Exxon Mobils chairman and chief executive, Rex W. Tillerson, defeated a shareholder effort on Wednesday to take away one of his jobs at an annual meeting punctuated by a debate of the companys policy toward renewable energy and global warming.
ExxonMobil, the world’s largest publicly-owned energy company, took up a series of proposals Wednesday made by shareholders who are dissatisfied with the company’s direction.
LONDON, May 28 (Reuters) – Royal Dutch Shell said on Wednesday it had contained an oil spill following a pipeline attack in Nigeria earlier this week but added it could still not meet all supply obligations for Bonny Light crude.
Exxon Mobil Corp.’s chairman and chief executive, Rex Tillerson, will have a fight on his hands today to keep the two top jobs at the world’s biggest publicly traded oil company, as some members of the Rockefeller family and other shareholders push to separate the roles.
Tuesday was the first U.S. trading session following an attack by Nigerian militants Monday on a Royal Dutch Shell PLC pipeline.
Numerous foreign companies, including Shell, BP, Total, Arrow and Marathon, are eyeing the sector…
Broderick Johnson, a registered lobbyist for Shell and Verizon, is also a voluntary adviser to Mr Obama…
Some 3,000 Shell IT staff will be transferred to the newly appointed service providers leaving about 600 specialists to work on key strategic, architectural and standardisation issues. It is one of the largest outsourcing deals of recent years and innovative in its use of multiple suppliers.
Commercial interest in exploiting the Arctic is hotting up. Denmark recently attracted the likes of ExxonMobil and Chevron, the two biggest US energy groups, along with several smaller players, to explore off its western coast. Alaska, meanwhile, garnered aggressive bidding by Royal Dutch Shell, Europe’s biggest energy group, which earlier this year won the right to explore the remote part of the state’s Arctic North Slope.
Royal Dutch Shell is one of a number of oil majors talking to the Nigerian National Petroleum Corporation, the state-run oil company, about terms for huge loans to kickstart exploration and production in the country. Between them, Shell, ExxonMobil and Total are contributing about $6bn.
Shell voiced its concerns shortly after agreeing, in a separate move, to lend the government $3.1bn (2bn, £1.6bn) to help kick-start stalled projects in their Niger Delta joint venture – the Shell Petroleum Development Company (SPDC).