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Posts under ‘Chevron’

Shell leaves its peers behind on big gas-to-liquids plants

Reuters article by Alex Lawler published 10 July 2014 LONDON, July 10 (Reuters) – Shell will press on with new plants to convert gas to liquid fuels, its investment and technical edge leaving its peers behind in the process once seen as a radical game changer. The company has seen costs overrun at its flagship […]

Oil explorers hit rock bottom

Extract from an extensive FT article by Guy Chazan published 2 July 2014 International exploration and production companies – or E&Ps – were once stock market darlings. But E&Ps have lost their lustre. That is partly because they seem to have lost the knack of discovering oil. FULL FT ARTICLE

Ukraine Discomfort for Shell and Chevron

Shell entered into the deal in 2013 with then Putin puppet President Viktor Yanukovych, before he was ousted. As can be seen in the FT article, Shell and Chevron are now both trying to hide behind claimed business principles. Its a bit late for that. By John Donovan The Financial Times has published an article […]

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans

Extracts from a CorpWatch article by Richard Smallteacher publish 12 June 2014 Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its […]

Royal Dutch Shell and Chevron illicit payments

Extracts from a Thomson Reuters Foundation article by Alia Dharssi published Thu, 29 May 2014 US oil firm prosecutions show need for transparency – activists TORONTO – Oil and gas companies with major US operations have been the subject of at least 30 prosecutions related to bribes paid to foreign governments under the US Foreign […]

BG Group Bid Speculation: Chris Finlayson, Shell’s secret weapon?

Leads me to speculate whether Chris Finlayson was infiltrated into BG Group by Royal Dutch Shell for surreptitious purposes, including dragging the company down. If so, he appears to have done a magnificent job. By John Donovan BG Group has been the subject of bid speculation for a long time. e.g. BG Group shares rise […]

Big Oil Bets on LNG For Emerging Market Growth

Extracts from an article by Bob Ciura published 16 April 2014 by The Motley Fool Chevron, Anadarko, and Royal Dutch Shell each have huge LNG operations that are ideally suited to supply the emerging markets. Royal Dutch Shell announced it had reached a five or six year agreement to supply Kuwait with its own LNG. […]

Extractive industries: will they ever publish what they pay?

Extracts from an article by Oliver Balch published by The Guardian Tuesday 15 April 2014 Though corrupt regimes may be reluctant to disclose payments, progressive voices from the oil industry are making change happen. Oil giants such as Shell and Chevron have signed up to the Extractive Industries Transparency Initiative’s pro-disclosure guidelines, requiring them to […]

Greenland in transition

Extracts from an article by Nick Snow published 14 April 2014 by Oil & Gas Journal Greenland expects its oil, gas, and minerals to be crucial as it continues its gradual transition to independence, its first US representative said on Apr. 3. “We have begun developing our oil and gas,” noted Inuuteq Holm Olsen, who […]

U.S. eyes European safety standards for oil refineries

Extracts from an article by Susan Buchanan published 14 April 2014 in “The Louisiana Weekly” and The Huffington Post Oil refiners can learn from Europe as they try to reduce accidents at plants in Louisiana and other states, U.S. safety experts say. After a string of disasters, President Obama issued an executive order last August […]

In 2 to 3 years gazillionaires will be coming out of Africa

Extract from an article by Nicholas Norbrook published 27 March 2014 by THE AFRICA REPORT Kola Karim, Group Managing Director and Chief Executive Officer of Shoreline Energy International spoke to The Africa Report. Q: Shell and Chevron are getting out of onshore operations. How big is this and where is it leading? A: These guys […]