HOUSTON, Oct 30 (Reuters) – Motiva Enterprises (RDSa.L) expects to finish the 325,000 barrel per day expansion of its 285,000 bpd refinery in Port Arthur, Texas, in the first quarter of 2012, CEO Robert Pease said Friday. “We are seeing this through to completion,” Pease told a refining conference. “If you haven’t planned on a [...]
Posts on ‘October 30th, 2009’
Shell CFO Simon Henry says he cannot rule out further staff cuts
“A broader reorganization is now underway, and we expect a 10% headcount reduction in the redesigned divisions and functions, mostly in management and non-operational positions,” Simon Henry, Shell’s chief financial officer, said during a conference call yesterday. Henry said he cannot rule out further staff cuts in other divisions of the company.
Shell culls 5,000 jobs
Daily Mirror By Clinton Manning 30/10/2009 Oil giant Shell is slashing 5,000 jobs after profits plunged 73%. Uk staff are among those facing the chop as new boss Peter Voser imposes savage cuts. Voser, just 121 days into the job, has already sacked 150 managers. Now 15,000 staff in oil fields and head offices are [...]
Leaked Shell Email from Frank Willsdon, General Manager, Stanlow Refinery
From a Shell Insider Email sent today to all Shell Stanlow Refinery employees from Frank Willsdon (right), General Manager: Stanlow, UK Subject: Stanlow Strategic Review Announcement Dear colleagues, Further to the townhall meeting and team briefings held earlier today, I can confirm that we are in negotiations with Essar for the potential sale of Stanlow, [...]
Watchdog recommends disciplining senior Irish Police officer over handling of Corrib Gas Protest
About 20 civilians and two gardaí were hurt in the incident. The GSOC decision was referred to the Garda Commissioner last July. An ombudsman spokesman said yesterday it had not had notification on the outcome.
SEC Issues Accounting Guidance for Oil Firms
WASHINGTON — Staff at the Securities and Exchange Commission Friday issued new guidance on how the agency interprets oil and natural gas companies’ reserves accounting rules. The guidance, sought by industry for years, allows companies such as Royal Dutch Shell, ConocoPhillips and Chesapeake Energy Corp. to officially book major reserves that previously haven’t been permitted by the SEC.
Shell reports lower profit, plans job cuts worldwide
As part of the plan, 15,000 Shell employees have to re-apply for a smaller pool of jobs, leaving many in limbo until selections are made.
Shell may be forced to downgrade reserves again
OSLO, Oct 30 (Reuters) – Royal Dutch Shell (RDSa.L) and its partners may be forced to cut their reserve estimates for Norway’s giant Ormen Lange gas field, the Norwegian Oil Directorate said on Friday.
Shell not the only sleazy oil company
HOUSTON An American whose secret recordings have placed him at the center of a $27 billion lawsuit against Chevron in Ecuador is a convicted drug trafficker, records show, throwing another complication into a case already tainted by accusations of bribery and espionage.
RPT-Norway questions potential of Shell’s Ormen Lange
Fri Oct 30, 2009 4:12am EDT OSLO, Oct 30 (Reuters) – Royal Dutch Shell (RDSa.L) has made a gas discovery at Norway’s Ormen Lange field, but there is renewed uncertainty about the field’s overall potential, the Norwegian Petroleum Directorate said on Friday. “The result of this appraisal well will be incorporated into a major interpretation [...]
Shell ‘defers downstream IT investment’ – report
Fri Oct 30, 2009 5:15am EDT LONDON, Oct 30 (Reuters) – Royal Dutch Shell Plc (RDSa.L) (RDSb.L) is to delay investments in information technology systems at its downstream oil refining and fuel marketing unit to cut costs, a Shell protestors’ website said on Friday, citing a leaked internal email. The Royaldutchshellplc.com website said U.S., Brazil, [...]
Royal Dutch Shell to axe 250 jobs in Aberdeen amid worldwide cull
The Herald Shell says that demand for oil will not recover quickly Mark Williamson Published on 30 Oct 2009 Royal Dutch Shell is set to shed up to 250 jobs in Aberdeen as part of a global cull of 5000 posts which it unveiled after announcing a big drop in third quarter profits on the [...]
Morale at all time low, managers and supervisors more focused on fear of job stability – Shell insider
Morale is at an all time low, managers and supervisors are more focused on the fear of job stability than effective leadership. Many who have not been affected by the current staff reduction exercises are scared, and some are looking for a way out of Shell.
Leaked Andrew Manley email reveals Voser impact on Shell Downstream-One plans
CURRENT SHELL INTERNAL EMAIL FROM ANDREW MANLEY, DOWNSTREAM-ONE PROGRAMME DIRECTOR Re-phasing the Downstream-One Programme This email has been sent to the Downstream Leadership Team, Programme Management Team, Programme staff including country Programme teams, Downstream-One IT, Implementation Council, Process Owners, Process Design Council, Operational Excellence teams, lead Process Focal Points, and Local Senior Downstream Representatives in [...]
Motiva Sells Another 52 Sites
FAIRFAX, Va. — As part of the ongoing transition of Shell and Motiva gas stations from direct- to wholesaler-supplied operations, Shell subsidiary Motiva Enterprises LLC sold 52 Shell-branded sites to PMG Northern Virginia LLC, a newly formed entity created by Fairfax, Va.-based Petroleum Marketing Group Inc.


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