Mohinder Singh says he meant to set the price of diesel at $3.59 a gallon, but he forgot to add the "3" when he was typing the new price into the computer at his Shell station in rural Wisconsin.
October 24th, 2008:
Oops: Shell Station sells diesel for 59 cents a gallon
Oil producers to slash output
Oil cartel Opec has agreed to cut production in a move that is likely to halt the recent slide in UK petrol prices.
For Big Oil Firms, a Silver Lining
Falling energy prices are good news for consumers. The trend could also provide surprisingly welcome relief to another constituency: big oil companies.
Greek police defuse explosive device at Shell HQ
Explosives experts located the device after police received an anonymous call warning that a bomb would explode outside the Anglo-Dutch company headquarters Friday. It was destroyed in a controlled explosion. Police say the strength of the device was not yet clear.
Self policing hasnt stopped big oil abuses
Since oil began to be extracted in the Niger Delta 50 years ago, the police and military, acting on behalf of the government and Shell Oil, have consistently ignored or violated the rights of local communities, he said.
How Green Is the U.S. Supreme Court?
And, finally, Burlington Northern v. U.S., No. 07-1601, consolidated with Shell Oil v. U.S., No. 07-1607, also has potentially wide ramifications, all contend. The Court faces questions about the standards for apportioning liability among parties for Superfund site cleanups and for imposing so-called "arranger" liability under the same law.
Shell Chemical Louisiana Plant May Start Up in Next Two Days
Oct. 24 (Bloomberg) -- A chemical plant operated by Royal Dutch Shell Plc, Europe's second-largest oil company, may return to service in the next two days after an unidentified failure caused the shutdown of two units.
Credit crisis, cheaper crude to boost oil M&A
Oil majors such as Exxon Mobil and Royal Dutch Shell Plc will likely use the crisis to accelerate their strategic push into North American gas production and the Canadian oil sands, bankers and analysts said.
Shell’s greenwash sleight of hand
Shell's sleight of hand was to use the much-abused word "sustainability" to imply a green agenda when what it was really on about was keeping a sustainable flow of fuel out of its forecourt pumps. The ASA cried foul.
From boom to glut
If sustained, the lower price level will have further repercussions. Big producers such as Russia and Venezuela will struggle to exert political influence through energy policy. Resource nationalism, where oil-rich governments impose tougher terms on independent companies and notably in the case of Shell in Russia force them to cede control of assets, may soon be a spent force.