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Shell News Update Friday 9 June 2017

Shell: step up building huge North Sea offshore wind farms: DutchNews.nl: 9 June 2017

Wind energy not only has the potential to develop into the most important sustainable energy source, but it is also the cheapest means of generating power, according to Mark Gainsborough, head of Royal Dutch/Shell’s new energy division.

Energy Cos. Dodge Oil Price Manipulation Suits: LAW360: 8 June 2017

A New York federal judge on Thursday nixed multidistrict litigation complaints by derivatives traders and landowners alleging a slew of energy companies manipulated the price of North Sea Brent crude oil and Brent crude futures, saying they haven’t sufficiently linked the activity to any alleged economic harm they suffered.

Shell diverts U.S. LNG cargo to Dubai after Qatari diplomatic row: Reuters: 8 June 2017

Royal Dutch Shell (RDSa.L) has sent a replacement cargo of liquefied natural gas (LNG) from the United States to Dubai, shipping data shows, after a diplomatic row disrupted typical trade routes from Qatar, the world’s biggest producer.

Shell Says Not Experiencing Operational Disruptions in Qatar: The New York Times: 7 June 2017

LONDON — Royal Dutch Shell said on Wednesday its business is not experiencing any operational disruptions in Qatar in the wake of a decision by several Gulf countries to sever ties.

Nigeria’s Forcados Oil Comes Back in Fresh Blow to OPEC Cuts: Bloomberg: 7 June 2017

Royal Dutch Shell Plc lifted restrictions on exports of a key Nigerian crude oil, 472 days after imposing them following militant attacks. The extra flows alone amount to about 20 percent of the supply OPEC has pledged to cut from world markets.

Gazprom and Shell CEO’s sign JV agreements: New Europe Online/KG: 3 June 2017

Royal Dutch Shell and Russian gas monopoly Gazprom have signed two agreements on the Baltic liquefied natural gas (LNG) project. Gazprom CEO Alexey Miller and Shell CEO Ben van Beurden signed the agreements at the St. Petersburg International Economic Forum 2017 on June 3.

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