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Posts from ‘February, 2009’

Shell’s last chance

BG Group has gatecrashed Arrow Energy’s rather cosy bid for fellow Queensland coal-seam gas play Pure Energy, threatening what had appeared a fait accompli and potentially creating a confrontation with Arrow’s ‘big oil’ ally, Shell.

Aegon names Routs as supervisory board chairman

MarketWatch By Sarah Turner Last update: 2:22 a.m. EST Feb. 9, 2009 LONDON (MarketWatch) — Aegon said Monday that Rob Routs will take over as chairman of its supervisory board in April 2010. Routs, a former executive director with Royal Dutch Shell Plc, will succeed Dudley Eustace, who will retire in 2010. MarketWatch Article

BP reeling from crude challenges

Hayward said that BP, which employs 90,000 staff around the world, was responding to the downturn by intensifying a cost-cutting drive that would lead to the loss of more than 5000 jobs by the middle of the current year – more than expected. The group managed to lower overheads by $500m in the last three months of 2008.

Veep: Shell ready to move to Indonesia

The Hague (ANTARA News) – Vice President Jusuf Kalla said here on Sunday that Shell Royal Dutch oil company had expressed its readiness to move its oil processing operations to Indonesia.

Oil majors turn to floating gas plant

One of the front-runners in the development of the innovative production concept is Royal Dutch Shell, which is looking to create a floating facility at its Prelude field in the Browse Basin off the coast of Western Australia.

Santa Barbara News-Press: Gripe sites are all the rage

“It is a way of taking on Goliath,” John Donovan told The Investigator. “The Internet provides a low cost public platform for anyone to reach a global audience, giving ordinary individuals the opportunity to take on the powerful. Our David has already given Goliath — with its 100,000 employees and business in 140 countries — the PR equivalent of two black eyes.”

Gripe sites are all the rage now

Continued Mr. Donovan: “Our anti-Shell Web site receives several million hits every month and has become an interactive hub of dissent attracting whistleblowers who, through our Web site, have leaked many Shell secrets to the news media, resulting in huge embarrassment to Shell senior management — and also to the resignation of a Shell senior executive.”

Governor Amaechi Lampoons Shell Over Community Projects

Rivers State governor, Chibuike Rotimi Amaechi, has lampooned Shell Petroleum Development Company for exaggerating projects executed in some Rivers communities under the Global Memorandum of Understanding (GMOU) reached with host communities.

Shell Uganda caught with ‘unmarked’ fuel

EXTRACTS: “I don’t know where you are getting your stories from but we have no problem as far as we are concerned,” said Mr Ivan Kyayonka, Shell’s country director. Sources in the Energy ministry have told Sunday Monitor that Mr Kyayonka has previously been excited whenever UNBS penalised smaller dealers but now that “he has been caught in the act,” he is ridiculing the Standards agency.

Tar sands boom hits a sticky patch: Plunging oil prices spell disaster for energy bonanza that rivalled Saudi Arabia

…since oil prices began a downward tumble, energy companies including Shell, Syncrude and Petro-Canada have shelved more than US$90bn worth of oil sands investment.

Liam Fay: Why does no one dare say Coughlan is out of her depth?

Fisherman Pat O’Donnell appears even more skilled at casting aspersions than casting nets. A strident opponent of Shell’s Corrib gas pipeline, he was inexplicably given space in The Irish Times last week to fling mud at volunteers with the Royal National Lifeboat Institution (RNLI) which recently accepted a €200,000 donation from Shell.

Shell Gas Plant in Nigeria Attacked by Militants

Feb. 7 (Bloomberg) — Nigeria’s main militant group said it attacked a gas plant operated by Royal Dutch Shell Plc, Europe’s second-largest oil company.

Military repels attack on gas plant in Nigeria

LAGOS, Nigeria (AP) — Assailants attacked a natural gas production plant in southern Nigeria on Saturday, but the military said its forces repelled the onslaught and killed three gunmen.

Shell plans export gas plant at Gladstone

OIL major Shell, a minor player in Queensland’s burgeoning liquid natural gas industry, plans to build an export plant at Gladstone.

Shell reports initiation of construction at Pearl GTL plant

The Pearl gas-to-liquids (GTL) plant, which is claimed to be the world’s largest such project, is expected to process about three billion barrels of oil equivalent over its lifetime from the non-associated gas field, the North Field, which stretches from Qatar’s coast out into the Gulf. Shell has said that the North Field contains more than 900 trillion cubic feet of gas, about 15% of world wide gas resources.