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Posts on ‘July 28th, 2011’

Top 5 infamous data breaches

By Steve Evans: Published 8 July 2011 Thanks to WikiLeaks and hacktivists Anonymous, data breaches have never been higher up the agenda. CBR looks at some of the more infamous incidents of data loss. Extract Shell, 2010 Keep your workers happy seems to be the message behind this leak. Energy giant Shell was rocked in […]

Profits soar at Shell

Oil group unveils earnings of nearly £5bn for the last quarter Terry Macalister Thursday 28 July 2011 19.12 BST Profits at Shell soared 77% to nearly £5bn in the last three months, but the oil group said there was little chance of lower prices for motorists, with energy prices due to rise even further in […]

Lawsuit on Shell Drilling May Become ‘Backdoor’ Ban, Odum Says

By Katarzyna Klimasinska – Jul 28, 2011 5:00 PM GMT+0100 A lawsuit by environmental groups over Royal Dutch Shell Plc (RDSA)’s oil drilling in the Gulf of Mexico may become a “backdoor moratorium” that curtails U.S. development, said Marvin Odum, the company’s U.S. president. The Natural Resources Defense Council of New York and Oakland, California-based […]

Canary Wharf, Qatar Buy Most of Shell’s London Campus for $490 Million

By Simon Packard – Jul 28, 2011 3:32 PM GMT+0100 Royal Dutch Shell Plc (RDSA) sold most of its London headquarters campus to Canary Wharf Group Plc and a unit of Qatar’s sovereign wealth fund for 300 million pounds ($490 million). Canary Wharf, which developed the former docks in east London of the same name, […]

Don’t Allow Shell Oil to Destroy America’s Arctic

Posted: 7/28/11 07:48 AM ET An Open Letter to Michael Bromwich, Director of the Bureau of Ocean Energy Management, Regulation and Enforcement Re: Shell’s push to drill in the Arctic Dear Director Bromwich: You recently said that you were studying how to treat “[offshore drilling] operators who may have behaved badly in the past and […]

Shell profits jump 77% on higher oil prices

28 July 2011 Last updated at 14:16 Oil giant Royal Dutch Shell has reported a 77% jump in second-quarter profit, thanks to higher energy prices. Shell’s profit for the three months to June came in at $8bn (£4.9bn) on a current cost of supplies basis, up from $4.5bn in the same period last year. Though […]

Shell CEO: In Early Talks With Rosneft, ‘Interested’ In Arctic

By Alexis Flynn: Published July 28, 2011 Dow Jones Newswires LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) Chief Executive Peter Voser said Thursday the Anglo-Dutch energy giant is in early stage talks with Russia and OAO Rosneft (ROSN.RS) about further opportunities in the country after the recent collapse of a proposed BP PLC (BP)-Rosneft […]

The black gold Shell sold for peanuts

From a Shell retiree Hello John You may want to have a look here: http://www.cairnindia.com/IR/Pages/QuarterResult. A few years ago Shell got rid of this acreage for peanuts because it was not worth having. Cairn thought differently…. Extracts from related articles: (1): Its site in Rajasthan, India, bought from Shell for next to nothing, has turned […]

Shell Reports Higher Earnings on Oil Prices

Jason Alden/Bloomberg: A Shell station in London, U.K. Shell posted adjusted earnings of $6.6 billion, matching the mean estimate of nine analysts surveyed by Bloomberg. By Eduard Gismatullin – Jul 28, 2011 8:47 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, said second-quarter earnings almost doubled on higher oil prices and project […]

Royal Dutch Shell Profit Nearly Doubles

By JULIA WERDIGIER: July 28, 2011 LONDON — Royal Dutch Shell, the biggest oil company in Europe, said on Thursday that its profit almost doubled in the second quarter on higher oil prices and as new oil and gas projects came on stream. Profit rose to $8.7 billion in the April-through June period, from $4.4 […]

Shell’s second-quarter profit rises 55%

July 28, 2011, 3:06 a.m. EDT By Alexis Flynn LONDON -(MarketWatch)- Royal Dutch Shell PLC (RDSB.LN) Thursday posted a 56% rise in adjusted profit for the second quarter, buoyed by higher oil prices and the first contributions from its recently delivered flagship projects in Canada and Qatar. “Our second quarter 2011 earnings were higher than […]