The cash pile potentially could also make BP a merger/bid target again, with old sparring partners Shell a possibility. ALEX BRUMMER: Dark financial clouds over the Diamond Jubilee By Alex Brummer: PUBLISHED: 22:06, 1 June 2012 Oil divorce Political risk is part of what oil companies do. So it is somewhat surprising that BP’s board, [...]
Posts on ‘June 1st, 2012’
Motiva upgrade makes it largest U.S. refinery
Replacing the traditional ribbon cutting, officials turn a symbolic valve to signal the opening of Motiva’s expansion project in Port Arthur. It’s a joint venture of Shell and Saudi Aramco. Photo: Guiseppe Barranco / The Beaumont Enterprise Motiva upgrade makes it largest U.S. refinery By Emily Pickrell,By Emily Pickrell: Houston Chronicle Published 08:23 p.m., Thursday, May [...]
Shell opens talks about a return to Nigeria’s troubled Ogoni region
FROM OUR ARCHIVES… The Independent: Shell opens talks about a return to Nigeria’s troubled Ogoni region By Rachel Stevenson 01 June 2005 More than 12 years since it fled the Nigerian region of Ogoni in fear at the growing violence towards its operations from the local population, oil giant Shell has reopened talks with the [...]
Nigeria: Malabu Deal – Representatives to Probe FG, Shell, Agip
By Edegbe Odemwingie, 1 June 2012 In what federal lawmakers described as a “national embarrassment”, the House of Representatives yesterday launched an inquest into the role played by the federal government and two multinational oil giants (Agip and Shell) in the alleged round tripping of proceeds in the sale of the contentious OPL 245 in [...]
Shell hopes for to drill in Alaska by summer
May 31, 2012, 3:05 p.m. EDT By Ben Lefebvre PORT ARTHUR, Texas -(MarketWatch)- Royal Dutch Shell PLC RDS.A -1.89% hopes to be drilling for oil offshore Alaska by the summer, Chief Executive Peter Voser said Thursday. The move to drill in Alaska’s Beaufort Sea would help the oil giant gain advantage in the global race [...]
Ogoninews.com
Hello, I wish to introduce to you: http://ogoninews.comThis website reports breaking news and events in Ogoniland Nigeria. You will find this website very useful particularly in respect of Shell’s activities in Ogoni, ongoing land grab crisis and disputes regarding the non-implementation of the UNEP report in Ogoniland. Best wishes, Fegalo Nsuke
Brazil court nixes request for Shell, BASF deposit
Brazil court nixes request for Shell, BASF deposit Published May 31, 2012 Associated Press BRASILIA, Brazil – A Brazilian court has rejected a request from prosecutors that Shell Brasil SA and chemical company BASF SA deposit $500 million into a fund for workers allegedly contaminated at an agricultural chemicals plant. Thursday’s ruling says the companies [...]
Motiva completes $10 billion Gulf Coast JV refinery expansion
Motiva completes $10 billion Gulf Coast JV refinery expansion By Kristen Hays and Erwin Seba PORT ARTHUR, Texas | Thu May 31, 2012 4:08pm EDT (Reuters) – Royal Dutch Shell (RDSa.L) and Saudi Aramco unveiled the $10 billion expansion of their joint-venture Motiva Enterprises Texas Gulf Coast refinery on Thursday as it neared its top [...]
U.S. Oil Boom Prompts Motiva to Change Port Arthur Strategy
By Dan Murtaugh and Barbara J Powell – May 31, 2012 8:03 PM GMT Motiva Enterprises LLC had to adjust its strategy for the $10 billion expansion of the Port Arthur, Texas, refinery because of a boom in U.S. oil production, Bob Pease, the company’s chief executive officer, said. Pease, Saudi Arabian Oil Co. CEO [...]
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