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Posts on ‘November 26th, 2009’

Todd loses appeal against Shell and OMV

Todd was apparently trying to extract evidence of collusion between Shell, which has 48% of the Pohokura field, and OMV, which has 26%, the same share as Todd.

Shell Australia’s New Chief Ann Pickard to Lead ‘Major’ Spending on LNG

Shell said last month that a quick recovery in energy demand and prices was unlikely and that it would cut 5,000 jobs. Even so, Chadwick said “Australia is a growth area for us.” The headcount in Perth has more than quadrupled to about 260 people in the past four years, he said. “Operating Prelude will have implications we need to staff up for.” Shell employs about 2,500 people in Australia, according to its Web site.

Shell’s 30 per cent stake in restless Arrow Enegy

It is one thing to own the right to mine the gas, but it is a different issue to actually get it to the market and, as far as Arrow’s gas, it would seem Shell is in the ideal position to dictate terms, given it is the logical party to commercialise the project.

November 26, 2009: Peter Voser on Shell Job Cuts

FT: Shell CEO on debt, gas, Iraq, mergers, and more November 26, 2009 12:01am by Ed Crooks The reorganisation “moved very fast” in 2009, Mr Voser said. For 15,000 posts, people have had to re-apply for their jobs. About 50,000 people work in the areas affected by cuts, out of Shell’s total workforce of 102,000, [...]