Diane Francis Jun 8, 2012 – 3:07 PM ET This week, Royal Dutch Shell PLC began rolling out a strategy that will dramatically change the energy world. With revenues larger than the economies of Alberta, Saskatchewan and British Columbia combined, Shell is betting big on natural gas to replace oil as the world’s foremost transportation [...]
Posts on ‘June 8th, 2012’
Global Oil Demand Not ‘Collapsing,’ Says Shell CEO
Published: Tuesday, 5 Jun 2012 | 12:47 AM ET By: Ansuya Harjani Assistant Producer, CNBC.com Crude oil prices have plummeted 20 percent over the past three months, but the CEO of Europe’s biggest oil company Royal Dutch Shell, Peter Voser, doesn’t think global demand is “collapsing.” He, however, expects further downside in oil prices in [...]
Motiva crude unit remains out of production-sources
Fri Jun 8, 2012 10:25pm IST (Reuters) – A newly commissioned 325,000-barrel-per-day (bpd) crude distillation unit (CDU) remained out of production on Friday at Motiva Enterprises’ 600,000-bpd Port Arthur, Texas, refinery, said sources familiar with operations at the plant. No firm date has been set for returning the CDU to production, the sources said. Workers [...]
Gazprom, Shell Highlight Sakhalin II Project Success
08.06.2012 Kuala Lumpur (Malaysia) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell within the 25th World Gas Conference. The parties discussed bilateral cooperation in the energy sector. Alexey Miller and Peter Voser highlighted that the Sakhalin II project was [...]
Shell to shift IT jobs to India, Malaysia
From our Archives, June 2004… Business-Standard.com: Shell to shift IT jobs to India, Malaysia PTI / Houston June 08, 2004 In order to improve quality and save $850 million annually beginning in 2008, Shell Oil Co is cutting 600 to 800 information technology jobs in the USA and offshoring most of these jobs to India [...]
Greenpeace to monitor Shell Arctic drilling with submarines
By Steve Hargreaves @CNNMoney June 8, 2012: 6:47 AM ET NEW YORK (CNNMoney) — Greenpeace plans on deploying two submarines to keep tabs on Royal Dutch Shell when the oil company starts drilling in the Arctic, which could begin as soon as next month. The subs, a two-person and a one-person craft, are currently on [...]
AMWU says Shell closure will cost jobs
Friday June 8, 2012 A union says the closure of Shell’s Sydney oil refinery will lead to job losses, despite the company saying employees can be redeployed. The company on Thursday informed the 275 employees and at least 100 contractors at the Clyde refinery, in Sydney’s west, that operations will stop from September 30. Shell [...]
Shell trains oil spill responders in Alaska
Against the backdrop of Alaska’s snow-topped Chugach Mountains and in the same waters that were spoiled by the Exxon Valdez oil spill more than two decades ago, Shell is training recruits in skills it hopes they never have to use. The company is putting scores of people through oil spill response training in the Valdez [...]
Top oil executives say market coping with Iran exit
Fri Jun 8, 2012 3:25am EDT * Total CEO says market well supplied * Royal Dutch Shell CEO sees oil prices falling further in H2 * Algerian Oil Minister says market able to cope with drop in Iran supply By Florence Tan and Rebekah Kebede KUALA LUMPUR, June 8 (Reuters) – The global oil market [...]
Shell Oil, United Way join forces to help Pennsylvania flood victims
By mark gilger jr. (staff writer mgilgerjr@republicanherald.com) Published: June 8, 2012 Nearly a year after flooding from Hurricane Irene and Tropical Storm Lee devastated many communities in Pennsylvania, Shell Oil Co. announced a $200,000 joint initiative with United Way of Pennsylvania. On Thursday, the company said the money will help with long-term and unmet recovery [...]
Governor Corbett wants $1.7B in tax breaks for Shell
Posted: Jun 07, 2012 10:02 PM BST Updated: Jun 08, 2012 4:18 AM BST By Dennis Owens – bio | email HARRISBURG, Pa. (WHTM) -With great fanfare, Governor Tom Corbett announced in March that Shell intends to build a petrochemical plant in Beaver County. He spoke of the 10,000 construction jobs it would bring just to build [...]
Fake Shell Video Followed by Fake Shell Lawsuit Over Video
Oil Giant Has No Knowledge of News Release Sent in Its Name By: Ken Wheaton Published: June 07, 2012 Shell, it seems, is being plagued by activists. And the media outlets (and that includes bloggers) that cover Shell, should be extra careful about rushing out news today. As Gawker’s Adrian Chen reported earlier, a video [...]
Shell expands LNG option for 18-wheelers
By Simone Sebastian: Updated 07:21 p.m., Thursday, June 7, 2012 The nation’s slow roll toward cheap natural gas fuel for commercial fleets took another step Thursday as Shell Oil Co.said it’s gearing up to supply liquefied natural gas to 100 interstate highway fueling stations across the nation beginning in 2013. Under the tentative terms of the agreement, [...]
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