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Posts from ‘November, 2009’

Shell: Talks On Sale Of European Refineries To Essar Extended

THE WALL STREET JOURNAL NOVEMBER 30, 2009, 5:55 A.M. ET LONDON (Dow Jones)–Exclusive talks between Royal Dutch Shell PLC (RDSB.LN) and India’s Essar Oil Ltd. (500134.BY) over the sale of three European refineries will continue for an unspecified period beyond Monday’s deadline, a Shell spokesman said. “Shell and Essar jointly confirm that negotiations for the […]

Cold wind rules don’t apply to Shell Fat Cat bonuses

Financial Times Oil and gas chiefs win bonuses in spite of missing their targets By Carola Hoyos, Chief Energy Correspondent Published: November 30 2009 02:00 | Last updated: November 30 2009 02:00 Several oil and natural gas companies in the US and Europe boosted their chief executives’ remuneration last year, in spite of often missing […]

Carbon trading could be worth twice that of oil in next decade

Peter Voser, Shell’s chief executive, has called on governments to introduce a carbon tax or a minimum price for CO² because – as he told the Guardian – the ETS was failing to deliver sufficient incentives to kickstart expensive technologies such as carbon capture and storage (CCS).

Caltex Shares Up 6.1% On Hope Of ExxonMobil Deal Approval

In an interesting observation, Macquarie’s Wood said that blocking the deal would make it hard for Australia’s federal government to push Caltex to buy ExxonMobil and Royal Dutch Shell Plc’s Australian refining assets on energy security grounds, if they should decide to sell them.

Shell axes 100 Australian workers in restructure

ABC NEWS Monday 30 November 2009 About 100 Shell Australia employees will lose their jobs under a company restructure. Shell employs about 3,000 people across the country and has refineries in Victoria and New South Wales. Spokesman Paul Zennaro says the job losses will not be concentrated in any specific area of the company. “We’ll […]

Poisonous legacy of Motiva Delaware City Refinery

The refinery’s various owners have been investigating soil and groundwater contamination for decades under state and federal oversight. Serious groundwater pollution problems extend as much as 180 feet underground, and more than a mile south of the property. Some of the site’s worst pollution problems remain the responsibility of Premcor and Motiva Enterprises, the refinery’s previous owners…

Shell plans restructure in Australia

ABC News Monday 30 November 2009 The oil and gas company Shell is restructuring some of its Australian business. A new role has been created to lead the local petroleum manufacturing operations, and the company will conduct a reorganisation of the business next year. It is understood staff at company headquarters in the Melbourne suburb […]

Shell reins back its biofuels expectations

Financial Times By Ed Crooks Published: November 29 2009 19:49 | Last updated: November 29 2009 19:49 Extracts Advanced biofuels will not be in widespread use until about 2020, the chief executive of Royal Dutch Shell has said, puncturing hopes that they could be on the verge of a commercial breakthrough. Peter Voser, who took […]

Peak oil: the summit that dominates the horizon

The big international companies such as BP and ExxonMobil are struggling to find enough new oil to replace their exploited reserves year-on-year and Shell found itself on the end of a major fine for exaggerating its reserves report to the Securities & Exchange Commission in the US.

Pump It Up: The Development of Iraq’s Oil Reserves

By Vivienne Walt Monday, Dec. 07, 2009 Walking the line: Iraqi police patrol a vulnerable oil pipeline feeding a southern refinery Nabil al-Jurani / AP In the spring of 2003, more than a million people marched through the streets of cities across Europe and the U.S. to rail against U.S. plans to invade Iraq and […]

John Donovan email correspondence with Shell lawyers 28 Nov 2009

From: John Donovan <john@shellnews.net> Date: 28 November 2009 10:16:41 GMT To: gavin.white@shell.com Subject: Re: Data Protection Act 1998 – SAR Dear Mr White. Thank you for your email dated 27 November. I note that you ignored my question about what, in Shell’s view, constitutes a “reasonable interval” between SAR applications from the same applicant. A […]

Sarawak Shell staff want govt to stop impending retrenchment

Published: Saturday November 28, 2009 MYT 3:31:00 PM By STEPHEN THEN MIRI: Employees of oil-giant Sarawak Shell are seeking Government help to stop an impending large-scale retrenchment exercise to be carried out by the oil and gas producer throughout this state. The Sarawak Shell Staff Union, which represents 2,700 workers, submitted a memorandum of appeal […]

Royal Dutch/Shell CEO sees quite difficult 2010

AMSTERDAM, Nov 27 (Reuters) – Anglo-Dutch oil giant Royal Dutch Shell (RDSa.L) (RDSb.L) expects next year to be difficult in terms of consumer demand though the worst may be past, its chief executive said at an investor conference.

Leaked Shell Email: Downsteam-One Director Andrew Manley leaves Shell

By John Donovan Just weeks ago, on 30 October, we published a leaked email from Andrew Manley, Shell Downsteam-One Programme Director, revealing the impact of the Vosification process, including delays on some important Shell IT projects. Manley acknowledged the consequential disappointment likely to flow from his announcement. Related Reuters article Since then we have published […]