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Posts on ‘July 25th, 2011’

Shell rapidly expanding its positions in unconventional gas (tight gas, shale gas and coal-bed methane)

From pages 31 & 32 of “Royal Dutch Shell and its sustainability troubles” – Background report to the Erratum of Shell’s Annual Report 2010 The report is made on behalf of Milieudefensie (Friends of the Earth Netherlands) Author: Albert ten Kate: May 2011. Unconventional gas and high-volume fracking Not only for oil, but also for [...]

Shell trumps BP in the battle of the oil giants

Britain’s biggest oil companies are expected to reveal bumper profits totalling a massive £9.2bn for the quarter, but troubled BP, once industry leader, will be far outstripped by Shell. By Josie Ensor 6:00AM BST 25 Jul 2011 Royal Dutch Shell is set to post quarterly profits of £4bn on Tuesday, a 60pc increase on the [...]

BP Breakup Worth $100 Billion to JPMorgan

By Brian Swint – Jul 25, 2011 12:01 AM GMT+0100 Robert Dudley (right) could unlock $100 billion for BP Plc (BP/) investors by following ConocoPhillips and splitting up Europe’s second-biggest oil producer. BP, trying to recover from last year’s Gulf of Mexico disaster, has lagged behind its three larger rivals this year, rising 1 percent [...]

Canary Wharf to transform Royal Dutch Shell site

Canary Wharf Group has been chosen to transform five acres surrounding Royal Dutch Shell’s headquarters on London’s Southbank – one of the capital’s last remaining big development sites. By Jamie Dunkley 6:20AM BST 25 Jul 2011 The oil group has picked a bid by Canary Wharf, which is majority owned by Songbird Estates and Qatari [...]