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Posts from ‘April, 2009’

A Clean Energy Machine That Works Like the Sun

The goal is to prove that energy can be generated through nuclear fusion — a process akin to how light and heat are produced by the sun. The promise is virtually unlimited amounts of energy from abundantly available sources.

royaldutchshellplc.com Wikipedia article April 2009 version

On 25 January 2008, Carl Mortished, World Business Editor of The Times newspaper wrote an article headlined: “Shell chief fears oil shortage in seven years” in which he described the site as “an independent website that monitors the company.”

Snapshot of Wikipedia Article Royaldutchshellplc.com 30 April 2009

Snapshot of Wikipedia Article Royaldutchshellplc.com taken on 30 April 2009 royaldutchshellplc.com is a gripe site operated by 92 year old Alfred Donovan and his 62 year old son John Donovan, which is critical of Royal Dutch Shell. On 11 June 2007, Ed Crooks of the Financial Times described it as “an anti-Shell website run by a father and son partnership that has […]

Shell to pump $5bn into pension in ’09

Global Pensions by Raquel Pichardo-Allison 30 April 2009 NETHERLANDS– Royal Dutch Shell plans to inject US$5bn into its pension fund in 2009, chief financial officer Peter Voser told analysts yesterday. In a presentation about the firm’s first quarter returns, Voser said the increased contribution amount, up from $1.6bn in 2008, is driven by regulatory and […]

Shell Refinery worker’s body found after a day’s search

Security crews, the Contra Costa County Sheriff’s search and rescue team and tracking dogs searched every nook and cranny of the 1,000 acre-plant but found nothing. Then, at 11:22 p.m., the mystery was unraveled: His body was found inside a water-holding tank. Now, Martinez police are investigating the death and trying to find out how Maddock ended up inside the tank.

Energy Trades Ease Oil Firms’ Pain

BP PLC and Royal Dutch Shell PLC both reported first-quarter earnings this week that comfortably beat analysts’ forecasts. One factor was the success of their oil trading operations.

Gorgon project wins conditional approval

Chevron’s partners in the Gorgon venture are ExxonMobil and Royal Dutch Shell, with each owning 25 per cent stakes.

Shell to cut further jobs after 58% fall in profits

Royal Dutch Shell expects to cut jobs this year as it continues its squeeze on costs in response to the lower oil price, its chief executive has told the Financial Times.

Jeremy Warner: BP and Shell struggle to keep up with Exxon

Should BP and Royal Dutch Shell redomicile and relist to the United States? The question is largely academic, for it is most unlikely to happen any time soon. Yet London-based oil chiefs sometimes look longingly across the pond at the apparently superior share-price performance of Exxon Mobil.

Royal Dutch Shell reports 58% profit fall on weak oil prices

Royal Dutch Shell blamed weaker oil prices and continuing violence in Nigeria for a 58 per cent fall in earnings. However, despite sliding profits, the oil group said that it would still pay out $2.4 billion (£1.6 billion) in dividends to shareholders for the quarter.

Gazprom, Shell May Expand Venture

Royal Dutch Shell said it is examining plans with Gazprom to expand Sakhalin projects beyond their liquefied natural gas venture in the Far East.