Chevron and its partners, which include Exxon Mobil Corp. and Royal Dutch Shell Plc, have delayed the go-ahead until Sept. 14, the newspaper reported without saying where it got the information.
July 23rd, 2009:
Chevron Delays Gorgon LNG Development Approval, Age Reports
Shell Dutch Pension Fund Melt Down Recovery Plan
In December 2008, based on information provided by the website royaldutchshellplc.com, the Financial Times and other news organizations, including the International Herald Tribune reported the the Shell Dutch Pension Fund was substantially underfunded and that employee contributions would have to increase.
Shell put 2 bln eur into Dutch pension fund in Q2
Shell said earlier this year it would need to increase contributions to its pension funds, after turmoil in financial markets decreased the value of their assets.
Shell Pays Extra $2.9 Billion Into Pension Fund
July 23 (Bloomberg) -- Royal Dutch Shell Plc, Europes largest oil company, contributed an additional 2 billion euros ($2.9 billion) to its pension fund after falling below a regulatory threshold.
New Zealand Refining Falls After Report Exxon to Sell Its Stake
Royal Dutch Shell Plc is already seeking a buyer for its 17 percent holding in New Zealand Refining at a time when new capacity in Asia is forecast to depress margins in the region for the next two years. Investments in existing plants are profitable again after sellers lowered prices, Valero Energy Corp., the largest U.S. refiner, said last month.