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Posts on ‘January 16th, 2012’

Shell, Petronas Sign Contracts For Two Malaysian Oil Projects

JANUARY 16, 2012 SINGAPORE (Dow Jones)–Oil major Royal Dutch Shell PLC (RDSB.LN) said Monday it has signed two production-sharing contracts with Malaysia’s state-owned oil and gas company Petroliam Nasional Bhd. for enhanced oil recovery projects offshore Sarawak and Sabah. The two companies had agreed in November to jointly develop the oil fields in Malaysia using […]

Damage still reverberating from Royal Dutch Shell reserves scandal

By John Donovan The Guardian reports today that several hundred senior scientists employed by Shell at the Thornton Research Centre in Cheshire “will be scattered to other offices” in what is described as a more general retreat by Shell from the UK. Shell staff, who are said to be “seething,” apparently believe the retreat from […]