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March 20th, 2010:

China May Be Among World’s Top Gas Markets by 2020, Shell Says

By Bloomberg News

March 20 (Bloomberg) — China may become of the world’s biggest natural gas markets by 2020 as the country seeks to reduce its carbon intensity by increasing the use of cleaner burning fuel, Royal Dutch Shell Plc Chief Executive Officer Peter Voser (above) said today at a forum in Beijing.

Shell is working together with PetroChina Co., the nation’s largest oil producer, to seek new energy sources in China, Voser said, according to a Web cast of the conference on the Web site of the official People’s Daily in the Chinese language. read more

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Oilsands top producer for Royal Dutch Shell

Citizen Staff and news services March 20, 2010 3:07 AM

Royal Dutch Shell PLC, which plans to produce oil from Canada’s oilsands for 40 years, earned 67 per cent more from operations in Alberta than from projects elsewhere between 2005 and 2009. The company earned $20 U.S. a barrel from oilsand mining on average, more than the $12 a barrel it gained from extraction projects excluding oilsands, The Hague-based Shell said in a report posted this week on its website. Oilsands contributed $3.1 billion to Shell’s earnings in the period. Shareholders have demanded a review of the risks of the oilsands projects at annual meetings in April. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell in Mexican Gulf oil find

Financial Times

By Sheila McNulty in Houston

Published: March 19 2010 22:33

Royal Dutch Shell has announced a “significant new oil discovery” in the deepwater Gulf of Mexico that has the potential to be a hub.

The discovery, located in the Appomattox prospect in 2,200 metres of water, follows three notable discoveries by Shell in the Gulf last year.

Shell is operator of the prospect, holding an 80 per cent interest, with partner Nexen holding 20 per cent.

FULL FT ARTICLE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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