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Posts under ‘Conoco Phillips’

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

Greenland explores Arctic mineral riches amid fears for pristine region

The move comes as BP and Shell join others exploring for oil and gas in the pristine waters off Greenland, as concerns grow that the wave of industrialisation in the region will damage the pristine environment. London Mining’s £1.5bn iron ore mine and new oil drilling licences for BP and Shell spark concern for environment Terry Macalister […]

Big Oil sits out lobbying on Iran as Congress stands firm

The companies that have lobbied Congress this year have largely been U.S. divisions of larger international oil companies, such as BP America, part of London-based BP Plc and Shell Oil Co, the U.S. unit of Royal Dutch Shell Plc. By Timothy Gardner and Andy Sullivan: WASHINGTON Sun Dec 22, 2013 7:24am EST (Reuters) – As […]

Taylor: Will SEC give oil companies the green light on secrecy?

In the event that Shell and Eni’s handling of the deal is found to be in breach of U.S. anti-bribery laws, investors, who were not given the opportunity to assess these payments, could also be on the hook for penalties that could be in the hundreds of millions of dollars. By Simon Taylor | December […]

Large Companies Prepared to Pay Price on Carbon

ExxonMobil, ConocoPhillips, Chevron, BP and Shell, all major contributors to the Republican party… Shell, a co-owner of the Motiva oil refinery in Port Arthur, Tex., has added climate-related carbon taxes to its long-term budgets. Michael Stravato for The New York Times By CORAL DAVENPORT:  A version of this article appears in print on December 5, […]

BP and Shell among oil firms Iran wants back in country

Iranian Oil Minister seeks talks with oil giants to return Iran to help tap world’s fourth-largest oil reserves after sanctions are lifted By Reuters: 2:25PM GMT 04 Dec 2013 Iran on Wednesday named seven Western oil companies it wants back in its vast oil and gas fields once international sanctions are lifted and said it […]

Is the Last Oil Frontier About to Open Up?

Royal Dutch Shell , for example, has spent more than $5 billion on its Alaskan Arctic program with nothing to show for it. This time around Shell has signed a contract with Transocean on a rig that starts in July. Previously, Shell had used its own rig, Kulluk, and one owned by Noble Corp. . It was the Kulluk that ran […]

The 1 Threat That Could Kill a Major Oil Company

by Tyler Crowe, The Motley Fool Oct 8th 2013 6:44PM The first company which will have a leak of oil [in the Arctic]… a drop, is a dead company. – Christophe de Margerie, Total CEO  At a recent event at the Council on Foreign Relations, Total‘s CEO did not mince words about the risks of […]