Australia – Royal Dutch Shell Plc .com http://royaldutchshellplc.com News and information on Royal Dutch Shell Plc Sun, 17 Jun 2018 20:01:26 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.6 https://i0.wp.com/royaldutchshellplc.com/wp-content/uploads/2017/04/cropped-Screen-Shot-2017-03-31-at-15.44.47.jpg?fit=32%2C32 Australia – Royal Dutch Shell Plc .com http://royaldutchshellplc.com 32 32 4172002 German solar battery maker sonnen secures Shell cash to expand http://royaldutchshellplc.com/2018/05/24/96895/ Thu, 24 May 2018 16:10:12 +0000 http://royaldutchshellplc.com/?p=96895 German solar battery maker sonnen secures Shell cash to expand was first posted on May 24, 2018 at 5:10 pm.
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German solar battery maker sonnen secures Shell cash to expand was first posted on May 24, 2018 at 5:10 pm.
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Shell, Inpex near finish line in race to export north Australian LNG http://royaldutchshellplc.com/2018/04/24/shell-inpex-near-finish-line-in-race-to-export-north-australian-lng/ Tue, 24 Apr 2018 11:59:32 +0000 http://royaldutchshellplc.com/?p=96552 Shell, Inpex near finish line in race to export north Australian LNG was first posted on April 24, 2018 at 12:59 pm.
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SINGAPORE (Reuters) – Shell and Inpex are on the final stretch of a years-long race to export gas from offshore northern Australia, where both have spent billions of dollars building the world’s biggest maritime vessels to grab a slice of Asia’s booming LNG market. Anglo-Dutch energy major Royal Dutch Shell and Inpex, Japan’s biggest oil and gas producer, are vying for first gas from two overlapping fields after delays and cost overruns that have plagued both projects. The pair have spent billions on offshore facilities, including Shell’s 490 meter (1,600 ft) long Prelude floating liquefied natural gas unit and Inpex’s Ichthys Explorer semi-submersible platform, both the world’s largest of their class. FULL ARTICLE

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Shell, Inpex near finish line in race to export north Australian LNG was first posted on April 24, 2018 at 12:59 pm.
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Shell targets former senior executive in Nigeria graft complaint http://royaldutchshellplc.com/2018/03/28/shell-targets-former-senior-executive-in-nigeria-graft-complaint/ Wed, 28 Mar 2018 13:36:15 +0000 http://royaldutchshellplc.com/?p=96183 Shell targets former senior executive in Nigeria graft complaint was first posted on March 28, 2018 at 2:36 pm.
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UPDATE 5

Shell has informed other authorities about the suspected wrongdoing, including the U.S. Department of Justice and Britain’s Serious Fraud Office…

* Shell accuses ex-executive of ‘crime’ during oilfield sale

* Says new evidence unrelated to Italy court case

* Evidence of possible kickbacks to Seychelles company – source (Adds reaction from Robinson’s lawyer)

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Shell targets former senior executive in Nigeria graft complaint was first posted on March 28, 2018 at 2:36 pm.
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Chevron expects LNG supply shortage by 2025 http://royaldutchshellplc.com/2018/03/06/chevron-expects-lng-supply-shortage-by-2025/ Tue, 06 Mar 2018 20:17:03 +0000 http://royaldutchshellplc.com/?p=95901 Chevron expects LNG supply shortage by 2025 was first posted on March 6, 2018 at 9:17 pm.
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John Benny: 6 March 2018

(Reuters) – Chevron Corp said on Tuesday it expected supply shortage in the global liquefied natural gas (LNG) market by around 2025, echoing comments made last month by top LNG trader Royal Dutch Shell.

Demand for natural gas, which burns cleaner than coal and oil, has surged as countries such as China look to curb environmental pollution.

Chevron, owner of the giant Gorgon and Wheatstone LNG projects in Australia, said it expects global demand to be nearly 600 million metric tonne per annum (mmtpa) by 2035, while supply could be just about half of that.

“China’s demand is increasing significantly – they’ve had a very active program to move off of coal in heating industrial applications, and that’s pulled on LNG,” Pierre Breber, EVP -downstream at Chevron, said during the company’s analyst day.

China imported record levels of LNG in January, as the world’s second-largest economy shored up supplies ahead of the Lunar New Year celebrations.

Shell in February estimated that more than $200 billion of investments in LNG is needed to meet the boom in demand by 2030.

The global LNG market is set to continue its rapid expansion into 2020 as facilities approved for construction in the first half of the decade come on line.

However, a decline in spending in the sector since 2014 will create a supply gap from the mid-2020s unless new investments emerge, Shell said in its 2018 LNG Outlook.

Reporting by John Benny in Bengaluru; Editing by Sriraj Kalluvila

SOURCE

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Chevron expects LNG supply shortage by 2025 was first posted on March 6, 2018 at 9:17 pm.
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Shell claims demand for LNG could outpace supply http://royaldutchshellplc.com/2018/02/26/shell-claims-demand-for-lng-could-outpace-supply/ Mon, 26 Feb 2018 19:22:44 +0000 http://royaldutchshellplc.com/?p=95794 Shell claims demand for LNG could outpace supply was first posted on February 26, 2018 at 8:22 pm.
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Reuters: LNG market needs $200 billion investment to meet demand: Shell: 26 FEB 2018

CNBC: Shell warns of liquefied natural gas shortage as LNG demand blows past expectations: 26 FEB 2018

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Shell claims demand for LNG could outpace supply was first posted on February 26, 2018 at 8:22 pm.
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