Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Conoco Phillips’

Talk of Shell BP tie-up to create £200bn world leader

After a solid 10 hours locked in secret briefings at the Langham Hotel in London this week, 100 of BP’s top investors emerged into the crisp winter evening air to the grim news that oil prices had sunk to a new five-year low. From an article in The Sunday Telegraph 14 December 2014 by Andrew […]

Oil majors BP and Shell may be ready for more mergers

Some of Shell’s big shareholders are said to be frustrated by the company’s continued spending on expensive far-flung projects that fail to yield healthy returns. Alongside its profit warning at the start of this year, Shell announced that it was halting a controversial exploration programme off the coast of Alaska because the costs had far outweighed […]

Judge suspends Arctic drilling, orders new environmental report

Extracts from a Los Angeles Times article by Paresh Dave published 24 April 2014 In the ongoing battle over offshore drilling, a federal judge in Alaska told regulators Thursday to redo an environmental impact study that underestimated the amount of recoverable oil and, potentially, the risks to delicate Arctic habitat. The decision by U.S. District […]

Oil firms’ cost cuts may jeopardise worker safety – Norway watchdog

Shell oil rig Kulluk seen grounded off the coast of an Alaskan island. Extract from a Reuters article by Gwladys Fouche published 24 April 2014 OSLO, April 24 (Reuters) – Cost-cutting by oil companies could jeopardise the safety of workers in the future, Norway’s safety watchdog warned on Thursday. The regulator said it was concerned […]

Shell Discovers Oil at Limbayong Field in Offshore Sabah

Extract from an article by Petroliam Nasional Berhad published by RIGZONE on Monday 17 March 2014 Malaysia’s national oil and gas company Petroliam Nasional Berhad (Petronas) and Royal Dutch Shell plc announced Monday an oil discovery offshore Sabah, Malaysia. The drilling of the Limbayong-2 appraisal well was carried out by the consortium of Shell Malaysia […]

Big Oil’s troubles

Big Oil’s troubles will lead to the next huge advance in energy technology By Steve LeVine They spent too much And they discovered that their technology was inferior Survival and industry culture will trigger a big leap FULL ARTICLE  

Why Royal Dutch Shell’s Fire Sale May be Cause for Concern

…both BP’s and ConocoPhillips’ asset sales look downright modest in comparison to the outright fire sale Royal Dutch Shell will soon embark on. Royal Dutch Shell unloaded billions last year, with even greater amounts to be sold off over the next two years. That’s why investors may have legitimate cause for concern about the fate […]

Oil Profits Slump as Higher Spending Fails to Lift Output

Investors are shunning the world’s biggest oil companies as drilling costs surge, major projects are delayed and energy prices stagnate. Shell, the second-largest oil company by market value, will report its lowest fourth-quarter profit since 2009 after The Hague-based explorer was socked with cost overruns on some of its most important new fields. Ben van […]

Alaska Coastal Oil Drilling Challenge Revived by U.S. Court

Alaskan coastal drilling by oil companies including ConocoPhillips (COP:US) and Royal Dutch Shell Plc (RDSA) may be further delayed after a U.S. court revived conservation group claims that the government acted illegally in opening almost 30 million acres on the continental shelf to energy exploration. By Karen Gullo January 22, 2014 Alaskan coastal drilling by […]

Selection of article links relating to Royal Dutch Shell 17 Jan 2014

Selection of article links relating to Royal Dutch Shell kindly provided by a regular contributor How Royal Dutch Shell Will Soon Become a Major Player in Natural … DailyFinance-2013 was a difficult year for integrated major Royal Dutch Shell due to … disruptions in Nigeria, one of its major oil-producting geographies. Federal Reserve: Deepwater Horizon Oil Spill Is What Scares Us …: Huffington Post-Jan 14, 2014: That expansion, plus […]

Western energy companies flocking to China to unlock shale reserves

FINANCIAL TIMES ExxonMobil, Chevron and ConocoPhillips of the US, and Royal Dutch Shell, Total and Eni from Europe, are among the international oil companies that have signed deals to explore shale resources in China. Yet for all the excitement, the future of China’s shale remains cloudy.  FULL FT ARTICLE