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Posts on ‘January 29th, 2012’

Profits at Shell set to anger drivers

Published on Sunday 29 January 2012 00:00 HIGHER annual and quarterly profits from oil heavyweight Royal Dutch Shell are this week expected to ignite the fury of hard-pressed drivers who continue to face near record prices at the petrol pump. But the figures are likely to spell good news for investors as analysts raise the [...]

Analyst: Nova Scotia offshore just one of Shell?s interests

January 29, 2012 – 4:35am By JOANN ALBERSTAT Business Reporter Shell?s renewed interest in offshore Nova Scotia is part of a plan to expand its exploration efforts globally, an industry analyst says. Mark Gilman, an oil and gas analyst with the Benchmark Co., said the petroleum giant has been on a lease-buying spree over the [...]

Union says U.S. refinery workers strike more likely

By Erwin Seba HOUSTON | Sat Jan 28, 2012 11:16pm EST (Reuters) – The United Steelworkers union warned on Saturday that a strike by U.S. refinery workers as early as 12 a.m. Wednesday was becoming more likely due to “the lack of a more substantive response from the industry.” Union and oil company negotiators have [...]