Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Bloomberg’

Woodside Chairman Defends $2.7 Billion Buyback Deal With Shell

Extracts from a BloombergBusinessweek article by James Paton and Rebecca Keenan published 23 July 2014 Woodside Petroleum Ltd. (WPL), Australia’s second-largest oil and gas producer, defended a plan to buyback about $2.7 billion of stock from Royal Dutch Shell Plc (RDSA) amid concern investors may reject the deal. Woodside’s buyback is part of last month’s […]

Death of 193 Dutch Strains Russian Relations for Shell, Heineken

At one point the largest foreign investor in Russia, Shell declined to comment on whether its business would be affected after the downing of the plane. The company lost four employees in the incident, it said yesterday. BloombergBusinessweek article by Celeste Perri, Maud van Gaal and Fred Pals published 22 July 2014 For centuries, the fortunes […]

A Horrified Netherlands May Rethink Its Economic Ties With Russia

Extract from a BloombergBusinessweek article by Carol Matlack published 21 July 2014 The Netherlands, a nation of traders, generally doesn’t like to let politics interfere with business. The death of 193 Dutch nationals in the Malaysia Airlines  jet crash could change that. Major Dutch companies with business interests in Russia also are drawing fire for […]

Shell Says Wins U.K. Court Ruling in Nigerian Oil Spills Case

BloombergBusinessweek article by Jeremy Hodge published Friday 20 June 2014 A Royal Dutch Shell Plc (RDSA) subsidiary said it won a preliminary ruling in a U.K. court against thousands of Nigerians who say their land, rivers and wetlands were spoiled by two oil spills in the Niger River delta in 2008. Judge Robert Akenhead ruled […]

Ukraine Crisis Forces Shell to Halt Shale Wells in Restive East

Extract from a Bloomberg/Businessweek article by Ladka Bauerova and Will Kennedy published 3 June 2014 Royal Dutch Shell Plc (RDSA) has halted drilling for shale gas in eastern Ukraine to protect its personnel from clashes between pro-Russian separatists and the Ukrainian army. Shell is taking a “time-out” on exploration work after drilling two wells since […]

Woodside Scraps $2.6 Billion Israeli Gas Deal as Talks Fail

Extract from a BloombergBusinessweek article by James Paton published 20 May 2014 Woodside Petroleum Ltd. (WPL), Australia’s second-biggest oil and gas producer, scrapped an agreement to buy a quarter of Israel’s largest natural gas field for as much as $2.6 billion after talks to complete the deal collapsed. FULL ARTICLE

Shell Considers Martinez Refinery Cutback Amid Shale-Oil Boom

Extracts from a BloombergBusinessweek article by Lynn Doan published 19 May 2014 under the headline: “Shell Considers Permanent Coker Shutdown Amid Shale-Oil Boom” Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, is considering retiring one of two coking units at its only refinery in California as the company seeks to run lighter crude at […]

Investigators seek breakthrough a year after EU raided Big Oil

By Gaspard Sebag, Lananh Nguyen and Andy Hoffman: Bloomberg News 12 May 2014 Twelve months after raiding oil companies and Platts in a hunt for evidence of possible manipulation of price benchmarks, European Union officials are looking for a breakthrough. On May 14 last year, EU investigators had to leap into a taxi cab to […]

We warned BG Group about Chris Finlayson

“BG Group chief executive Chris Finlayson has been ousted by the oil and gas explorer’s board following a disastrous 16 months in the job….” No one can say that we did not repeatedly warn BG Group about the competence and ethics of Chris Finlayson… By John Donovan The news media is reporting that former Royal […]

Putin, Ukraine and Royal Dutch Shell

Sir Henri was fanatically anti-Soviet as a result of the confiscation of Shell oil fields in Russia. Might be best if Ben does not mention this past history to his new chum, Vlad the Bad, who is rather keen to restore the Soviet empire. “Had Putin asked ‘and now you kiss my ass’, I am sure van Beurden […]

Only one in five global shale basins may succeed, Wood Mackenzie says

Extract from an article by James Paton published 8 April 2014 by WorldOil.com PERTH, Australia (Bloomberg) — Only one in five global shale regions may succeed in producing significant amounts of oil and gas as countries from China to Argentina seek to emulate the U.S. boom, said energy consultants Wood Mackenzie. Oil companies from Shell […]