March 24 (Bloomberg) — Royal Dutch Shell Plc, Europes largest oil company, may produce liquefied natural gas from an area in Egypt using a floating vessel, a government official said.
Posts on ‘March 24th, 2009’
Motiva Port Arthur’s General Manager Todd Monette is transferring, effective April 1, from his current position into a corporate assignment within Shell’s Downstream Global Manufacturing group…
HONG KONG/PERTH, March 24 (Reuters) – Global energy giants BP and Shell are eyeing possible bids for Australia’s No.3 oil and gas firm Santos, which one analyst valued at around $7 billion…
Jorma Ollila, chairman of Nokia and Royal Dutch Shell, said: “Let’s not cut human capital so it hurts us when we get out of this in two or three years. What I see and what I hear is a clear conscientiousness on this issue. But there is a danger that this recession could distract people from the reality.”
Suncor Energy of Canada is to buy rival Petro-Canada for C$19.6bn (£11bn) in an agreed all-share deal that will create North America’s fifth biggest oil and gas producer and accelerate consolidation in the Alberta oil sands.
The bid for Pure initially pitted BG against its larger rival, Royal Dutch Shell, which already has a joint venture with Arrow developing coal bed methane in Australia and elsewhere. However, Shell undermined Arrow’s chances of winning Pure when it said last month that, in the absence of a higher offer, it would sell its own 11 per cent stake to BG.
Rival bidder Arrow Energy, which is Royal Dutch Shell’s Australian joint-venture partner, holds about 20% of Pure and hasn’t said whether it will sell its stake into BG’s bid.
Rival bidder Arrow Energy, which is Royal Dutch Shell’s Australian joint venture partner, holds about 20pc of Pure and hasn’t said whether it will sell its stake into BG’s bid.
A Shell Oil official confirmed Friday that the in-situ oil shale production the company is researching at its Mahogany facility near Rangely currently consumes about three barrels of water for every barrel of oil produced.