AMSTERDAM, Dec 18 (Reuters) - The Dutch NAM oil joint venture, owned by Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N), said on Friday it would postpone plans to drill three gas fields near an island off the coast of the Netherlands.
December 18th, 2009:
NAM postpones Dutch gas drilling project
Maryland drops Shell holdings over Iran ties
Maryland State Retirement and Pension System, Baltimore, divested more than 1 million shares of common stock valued at over $38.3 million and $3.5 million in bonds of Royal Dutch Shell and its affiliates because the company does business in Iran, the $31.8 billion system announced today.
Shell Plans to Grow Aggressively in India
NEW DELHI -- Shell India Ltd. plans to expand "aggressively" as it keeps pace with accelerating fuel consumption in the world's second-fastest-growing economy, Shell India Chairman Vikram Singh Mehta said Friday.
Obama hands Alaskan drilling rights to Shell
Barack Obamas administration has granted Shell the right to drill for oil in the environmentally sensitive seas off Alaska during the middle of climate change negotiations in Copenhagen.
In Exxon Deal, Signs of the New Gusher
For major oil companies like Exxon, Shell, BP or Chevron, who have found it tough to increase their production and reserves on their own, big acquisitions offer a quick way to expand their operations after amassing mountains of cash in recent years.
Former Shell EP boss Walter van de Vijver gets another job
Reliance names ex-Shell executive overseas head
BLOOMBERG
Thu, Dec 17 2009.
New Delhi: Reliance Industries Ltd appointed Walter van de Vijver as chief executive officer of its overseas business.
Van de Vijver replaces Atul Chandra as head of Reliances overseas business. He was the former exploration chief at Royal Dutch Shell Plc till 2004.
SOURCE ARTICLEShell shuffle likely won’t affect Motiva
That does not mean 5,000 employees of Shell's 13,000 employees in the Houston area will be "transitioning" abroad, Op De Weegh said. Shell has 21,000 employees in the United States.