The business publication said that US-based Wal-Mart Stores remained at the top of the list of the world’s biggest companies by revenue at some 378 billion dollars.
Posts on ‘July 9th, 2008’
I?ve told this story before ? but ten years on it may be due a retelling! Back in 1998 Shell was going through a top down generated change management process. This one was called ?BFI? but I can?t for the life of me remember what the initials stood for. It had two main elements. The [...]
Royal Dutch Shell lifted force majeure on oil exports from its Bonga offshore field in Nigeria on Wednesday, three weeks after an attack by militants forced it to shut the facility for several days.
WASHINGTON — Vice President Dick Cheney’s office worked to alter sworn congressional testimony provided by a federal official in order to play down the threat of global warming and head off regulation of greenhouse gas emissions, a former government official said in a new accusation Tuesday.
Municipal councils in Smithers and Prince Rupert have passed a resolution calling for an immediate halt to coal-bed methane exploration in the region, throwing their weight behind native and environmental groups that have been lobbying against Shell Canada’s plans to hunt for coal-bed gas there.
But while G-8 leaders urged petroleum suppliers to boost production and refining and to increase investment in oil exploration and output, Royal Dutch Shell dropped a bomb.
July 9 (Bloomberg) — Brazilian PresidentLuiz Inacio Lula da Silva may boost the government’s stake in oil fields after the largest discovery in the Americas since 1976 prompted a review of rules for how petroleum deposits are developed.
In the latest deal, ConocoPhillips outmaneuvered Royal Dutch Shell PLC…
Affandi Samson, a supervisor at a Shell gasoline station along a highway near Kuala Lumpur, says his business has dropped at least 30% since the price increase
About 2,000 of the 25,000 polar bears in the Arctic live in and around the Chukchi Sea, where the government in February auctioned off oil leases to Shell Oil Co., ConocoPhillips Co., and five other companies for $2.6 billion. Over objections from environmentalists and some members of Congress, the sale occurred before the bear was classified as threatened in May.
A high oil price can make exploration more economical but some major players in the industry, including Royal Dutch Shell, are withdrawing from the North Sea because all the easy-to-find crude has been extracted.
While female petroleum engineers are rare, female chief executives of big international oil companies are even rarer. In fact, Ms Cook, 50, would be the first if she were to replace Jeroen van der Veer when he retires next June.
Russian tax and labour inspectors have begun fresh investigations into TNK-BP, increasing the pressure on BP ahead of a key meeting with its Russian partners.
The company this week announced that it was buying six North Sea oil fields from Shell and Exxon, giving it 40,000 barrels of oil equivalent per day of production, and an estimated 160m boe of reserves.
That leaves the companies sitting on huge piles of cash. Even with a generous buy-back policy and consistent dividend payment plan, ExxonMobil, the biggest of the bunch, holds more than $40bn