Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘March, 2009’

Shell Chairman Jorma Ollila: emissions trade preferable to carbon tax

In Ollila’s view, in order to address the pressing climate change and environmental issues, there has to be a price put on carbon emissions.

Low Oil Price, Econ Crisis May Cut Kashagan Costs – Shell

March 10, 2009: 07:12 AM ET ALMATY, Kazakhstan -(Dow Jones)- Low oil prices and the economic crisis may cut costs of development at Kazakhstan’s largest oil field Kashagan, Royal Dutch Shell PLC’s (RDSA) general manager for the Caspian region said Tuesday. “The economic situation and low oil prices should allow us to bring the cost down,” Campbell Keir [...]

Qatar Will Complete LNG Projects by End of 2010, Oil Daily Says

Shareholders in the projects include Qatar Petroleum, ExxonMobil Corp., Total SA, Royal Dutch Shell Plc and ConocoPhillips.

Woodside ‘Remains Dismayed’ at Australia Carbon Plan

March 10 (Bloomberg) — Woodside Petroleum Ltd., operator of Australia’s biggest liquefied natural gas project, said it remains “dismayed” that the country’s carbon trading plan fails to recognize the contribution of gas to cutting emissions.

Difficult to fund project – Shell

Without government funding Shell’s carbon capture and storage project that would see nearly half of the CO2 emissions from the company’s Scotford site sequestered would be difficult to justify given the state of the economy, a senior official with the company told The Record last week.

Shell report says next Prudhoe is offshore

KTUU.COM ALASKA by Jason Moore Monday, March 9, 2009 ANCHORAGE, Alaska — At a time when Alaska and the nation are suffering job losses, a report released Monday detailed what could be a future boom. Shell Oil Co. had a study prepared on the economic impacts of oil development on Alaska’s outer continental shelf. While [...]

Oil Adds 3.4%, Putting $50 Within View

Oil prices jumped to a two-month high as the recent militant attack on a Nigerian oil pipeline sharpened supply concerns while the market weighs the prospects of another OPEC production cut.

Attack on Nigerian Pipeline Stalls Shell Deliveries

Royal Dutch Shell PLC said Monday that a recent militant attack on a Nigerian oil pipeline had forced it to halt deliveries to many customers.

Shell Halts Some Nigeria Oil Shipments After Attack

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA) Monday said a recent militant attack on a Nigeria oil pipeline had forced it to halt deliveries to many customers, in an indication of the worsening security situation in one of Shell’s most important markets.

Collection of articles and information relating to Royal Dutch Shell

Collection of articles and information relating to Royal Dutch Shell

Retiring early? You may not want to bet your life on it.

The study looked at Shell employees who retired at age 55, 60 and 65, between 1973 and 2003. It covered approximately 3,500 people over the 30-year period. Basically, the mortality rate of those who retired at 55 (adjusted for health factors) was twice that of their still-working colleagues.

Sand Storm

‘Dirty Oil’: With 173 million barrels of proven oil reserves, the oil sands in Alberta are the world’s biggest trove of hydrocarbons outside Saudi Arabia. Over the past decade, oil companies such as Royal Dutch Shell PLC and Exxon Mobil Corp. have flocked to exploit this resource, and the Canadian government has trumpeted it as a source of energy security for the U.S. Indeed, the U.S. gets almost a fifth of its crude imports, or 2.5 million barrels a day, from its northern neighbor, the bulk of which will soon come from the oil sands.

Water plan hits wall of foes

A water war is brewing on the Yampa River. A bid by the Shell Exploration and Production Co. for a 15 billion- gallon water right has sparked opposition letters from 25 federal, state and local agencies, along with businesses and environmental groups.

Federal court vacates Alaska denial of Beaufort oil drilling proposal

ANCHORAGE, Alaska – A federal appeals court has vacated an opinion issued last year that halted Shell Oil Co. drilling plans for the Beaufort Sea off Alaska’s northern coast, leaving both sides in the case wondering what the action means.

N’Delta Crisis: Shell to Lay off More Workers

But Shell’s Head of Exploration and Production Malcolm Brinded was quoted by Reuters report earlier this year as calling for a drastic reduction in costs in a confidential email he sent to some employees.