IBADAN, Nigeria (Dow Jones)–Shell Petroleum Development Co., or SPDC, has closed some production following the sabotage on its Trans-Ramos Pipeline in its western operations in Nigeria, a spokesman said Monday.
Posts on ‘February 1st, 2010’
Shell bets on ethanol in $21 billion deal with Brazil’s Cosan
SAO PAULO (Reuters) – Royal Dutch Shell Plc plans to make the biggest-ever foray into biofuels by an oil major, striking a deal with Brazil’s Cosan to create a $21 billion a year ethanol joint venture.
Vandals Disrupt Shell Pipeline in Nigeria
LAGOS, NigeriaVandals over the weekend punctured an oil pipeline operated by Royal Dutch Shell PLC, say Nigerian military and security officials, highlighting how an illicit oil-theft industry in the creeks of the Niger Delta continues unchecked.
Saudi Aramco, Shell sign contract with Japan’s JGC
KHOBAR, Saudi Arabia, Feb 1 (Reuters) – State-run oil firm Saudi Aramco and Royal Dutch Shell (RDSa.L) said on Monday they signed a contract with Japan’s JGC Gulf International (1963.T) to build two units at their joint refinery, in a bid to improve the refinery’s environmental performance.
Cosan, Shell Plan Sugar, Ethanol Venture in Brazil
Feb. 1 (Bloomberg) — Cosan SA Industria & Comercio, the worlds largest sugar-cane processor, and Royal Dutch Shell Plc said they plan to combine ethanol, sugar and distribution assets in Brazil.
Gazprom raking it in at the expense of Shell
Below an extract from a Wall Street Journal article published today reporting on the profits of Gazprom and Sakhalin Energy, the company in which Shell was forced to surrender its majority stake. THE WALL STREET JOURNAL FEBRUARY 1, 2010 Foreign-Exchange Gains Boost Gazprom’s Net By JACOB GRONHOLT-PEDERSEN Sakhalin Energy, a Gazprom joint venture with Royal [...]
Shell reports Nigeria pipeline attack; oil rebounds after sinking 8.3% in January
Feb. 1, 2010, 10:49 a.m. EST: NEW YORK (MarketWatch) — Crude futures rose on Monday after declining last week, as a round of upbeat global economic reports lifted demand expectations, while an oil pipeline in Nigeria was damaged by an attack and rekindled concerns over supply.
Shell job cuts – Voser says more may have to go
httpv://www.youtube.com/watch?v=HGeHRE9zCuU BLOOMBERG INTERVIEW: DAVOS 2010: Voser Says Shell `More Pessimistic’ on First-Half Demand
Shell CEO Peter Voser threatens more job cuts
In a television interview from Switzerland last week, he said Shell would be prepared to cut further jobs to keep costs under control until global demand for energy rebounds from its current slump.
Shell asks for more time to resolve Corrib gas issues
The company was also required to submit a revised environmental impact statement by Friday.
Vosers Shell Overhaul May Signal Output Revival in BP Fight
By Fred Pals Feb. 1 (Bloomberg) — Peter Voser is using lessons from his two-year stint rescuing Swiss engineering company ABB Ltd. from near bankruptcy to turn around Royal Dutch Shell Plc by selling assets, cutting thousands of jobs and speeding up decisions. Not only has Shell suffered six years of falling output, its been [...]
Swiss warn UBS bank could collapse – Shell CEO Voser is a UBS director
By John Donovan AFP reports that the Swiss justice minister warned in an interview on Sunday that the scandal hit Swiss bank UBS could collapse as a consequence of a U.S. tax fraud investigation. This would be an embarrassment to Royal Dutch Shell Plc because its job cutting Swiss Chief Executive Officer, Peter Voser, is [...]


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