BP, ConocoPhillips, Shell and Transocean, a large drilling contractor, have begun evacuating hundreds of workers from rigs and production platforms in deep waters of the Gulf.
August, 2008:
Oil Producers Prepare for Storm in the Gulf
Russia may cut off oil flow to the West
Fears are mounting that Russia may restrict oil deliveries to Western Europe over coming days, in response to the threat of EU sanctions and Nato naval actions in the Black Sea. Such action would be seen as economic warfare...
Few companies are watching Gustav more closely than Royal Dutch Shell
Few companies are watching Gustav more closely than Royal Dutch Shell. About 80 percent of Shell's U.S. oil and natural-gas production comes from the Gulf of Mexico, where it's the top oil producer.
Shell expects to shut all Gulf output in 2 days
Shell flew 400 workers onshore Wednesday. The company has a staff of 1,300 workers in the Gulf. All workers are expected to be onshore by Saturday.
Shell Evacuates Workers From Gulf on Storm Threat (Update1)
Aug. 28 (Bloomberg) -- Royal Dutch Shell Plc, Europe's biggest oil company, said it has evacuated about 400 workers from its oil and natural-gas platforms in the Gulf of Mexico because of Tropical Storm Gustav.
Iraq, China Agree to Revive Saddam Hussein-Era Oil Deal
Oil Ministry officials had said they hoped to sign contracts with Western companies by the end of June. Now, those talks -- with major oil companies such as Royal Dutch Shell PLC, BP PLC and Exxon Mobil Corp.-- are unlikely to go through, the oil ministry said.
Outline deal close on TNK-BP shake-up
At stake, at the very least, is the management structure of the company and who will fill the position of Bob Dudley, TNK-BP chief executive, who last month fled Russia...
Oil chief says customers will pay for tax
The energy group, which is 34 per cent-owned by Royal Dutch Shell, said net profits rose 67 per cent to A$1.02bn as it was bolstered by high oil prices. Under lying profit rose 86 per cent to A$1.01bn on revenue up 45 per cent at A$2.6bn.
It’s a windfall. Now share it
For Shell, they amounted to £13.9bn in 2007-08 and £4bn in the second quarter of this year, a 4.6% improvement on 2007.
Hurricane alert puts New Orleans on evacuation footing
Evacuations from New Orleans may start tomorrow. The oil company Shell has begun ferrying workers off its rigs in the Gulf of Mexico.
BP may close deal with Russian co-owners “in weeks”
The crisis at TNK-BP, which produces a quarter of BP's worldwide oil output, hit the headlines after BP accused the Russian side of using 1990s-style corporate raider tactics to grab control of the venture.
Oil price surges again as Gustav sends Gulf workers packing
Speculation was also growing yesterday about progress on another "cold war" front - the long-running dispute between four Russian oligarchs and BP over the future structure and control of the TNK-BP joint venture in Russia.
Shell’s ex-president presses on
During an appearance on CNBC early in the summer, John Hofmeister made a startling statement: "Oil isn't a free market." Soon after he said it, the show cut to a commercial and someone handed Hofmeister, who was about to retire as president of Shell Oil Co., a piece of paper. It was a message from Shell's headquarters in the Netherlands telling him he could not say that.
Shell cleared of deliberate pollution
Shell has been cleared of breaking three environmental regulations in 2004 at its plant in Moerdijk by a court in Breda, news agency ANP reports.
Shell slammed over “puzzling” tar sands claims
It was in a conference call with journalists a few weeks ago that Shell chief executive Jeroen van der Veer offered perhaps the most bizarre argument yet in favour of the continued development of North America's controversial tar sands.
Shell says Scottish gas terminal due back Saturday
Aug 27 (Reuters) - Royal Dutch Shell's (RDSa.L: Quote, Profile, Research,Stock Buzz) gas import terminal in Scotland is on track to reopen on Saturday...