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Shell to Expand Presence in Asia and Alternative Fuel Market

September 20, 2017, 01:35:00 PM EDT By Zacks Equity Research,

Per Reuters, integrated oil and gas company, Royal Dutch Shell plc RDS.Aintends to increase its marketing operations in Asia region. The company’s effort to de-carbonize the energy system was reconfirmed as it targets to attain 20% of its global fuel station sales from electric vehicles recharging and fuels with a lower level of carbon by 2025.

Expanding Asia Operations

The oil major has 43,000 fuel stations in 80 countries and is now trying to reach the fuel markets of China and India, the two most populous countries in the world with high demand for energy. Shell is also eyeing the Indonesian fuel market. The company believes there will be continued growth in the Asian market over the next decade. read more

Shell eyes Asia, aims to expand vehicle recharging at fuel stations

By Ron Bousso and Dmitry Zhdannikov

LONDON, Sept 12 (Reuters) – Royal Dutch Shell aims to expand marketing operations in Asia and wants 20 percent of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude. The Anglo-Dutch firm, with 43,000 fuel stations in 80 countries, aims to expand in China and India, as well as Mexico, where it sees fossil fuel growth in the next decade, John Abbott, the head of refining, trading and marketing, told Reuters. But he said Shell remained focused on a future of where demand for alternatives to petrol and diesel cars would rise. “Shell will be part of leading the de-carbonising of the energy system. We have to accept that is the way the world is going,” he said in an interview in London. He said Shell, the world’s top roadside fuel station operator, was “working back from the customer, which is very relevant as we go through the energy transition.” FULL ARTICLE read more

Shell Prepares For A Different Energy Reality

: 14 August 2017

Summary

  • This summer has seen the governments of several of the world’s major economies propose to eliminate internal combustion engine vehicles over the next 10-30 years.
  • At the same time, Royal Dutch Shell announced several major clean energy investments over the summer in anticipation of a drop-off in petroleum demand.
  • This article looks at how Shell’s clean energy investments fit into its energy profile forecasts compared to its peers. MAIN ARTICLE
  • read more

    Leaked Shell Transformation Plans: Part 4


    By John Donovan

    Published below is a further multi-page segment from Shell’s leaked internal document mentioned in a Reuters/New York Times article published on Monday: Shell Plans 400 Job Cuts at Dutch Projects and Technology Department. The plans are much greater in scope than suggested by the headline. Their implementation will result in a managerial jobs upheaval and significant job cuts as a consequence of the acquisition of BG Group and the decline in oil prices. This time I have left in the page numbers, which appear at the foot of each page and sometimes interrupt paragraphs. read more

    Shell’s 88 page global transformation plans leaked to John Donovan

    Embarrassingly for Shell, as the New York Times has reported this morning, I have a leaked copy of an 88 page Shell internal document setting out proposals for Shell’s global plans generally and in particular for the Netherlands, where several hundred more jobs are going to disappear. Part of a world-wide jobs upheaval at Shell. 

    A few days ago, CEO Ben van Beurden, mindful of the prospect of a falling oil price, claimed that Shell “is getting fit for the $40s.” Now we have a detailed insight about the scope of proposed transformational change at Shell deemed essential to achieving that objective. Embarrassingly for Shell, as the New York Times has reported this morning, I have a leaked copy of an 88 page Shell internal document setting out proposals for Shell’s global plans generally and in particular for the Netherlands, where several hundred more jobs are going to disappear. read more

    Shell, RIL, ONGC fined $3 billion in PMT oil field dispute: report

    18 July 2017 Mumbai: The government has ordered Reliance Industries (RIL), Royal Dutch Shell and Oil and Natural Gas Corp. (ONGC) to pay $3 billion in penalty following an arbitration award in the Panna Mukta Tapti (PMT) oil field dispute… READ MORE

    Shell News Update 22 June 2017

    India’s LNG-led gas market may grow over 6 times by 2030: Royal Dutch Shell: Business Standard: 22 June 2017

    Global oil major says that India may see at least six times growth in by 2030 from the current levels. It adds that liquefied natural gas (LNG) may be the largest contributor to it.

    Brains behind Shell’s iconic Brent bid final farewell: EnergyVoice.com: 22 June 2017

    Shell gave some of its former employees the chance to bid farewell to the platform, which generated more than £35billion over its four decades.

    Oil Majors Snatch Up Mexican Oil Blocks: OilPrice.com: 21 June 2017

    Other top-tier oil companies won blocks as well – Russia’s Lukoil took one, and Total SA and Royal Dutch Shell joined hands to win another. It marked Shell’s first upstream entry into Mexico. read more

    Shell News Update Thursday 6 April 2017

    Shell Plans to Tap Gas Hunger in Emerging Energy Demand Center: BLOOMBERG NEWS

    Royal Dutch Shell Plc plans to boost its gas marketing business in India and may expand its import capacity for the fuel as it seeks to tap the country’s demand-growth potential.

    LNG producers turn to trading, risk taking to maintain market share: REUTERS

    * Large volume, long-term contracts now “more difficult” -Shell

    * Woodside, Shell see big opportunity in small-scale LNG

    Shell News Monday 3 April 2017

    Shell withdraws from Kakinada gas project: Business Standard

    European oil and gas company Royal Dutch Shell has decided to discontinue its earlier proposal for a floating liquefied natural gas (LNG) import terminal off the Kakinada coast in Andhra Pradesh. The company said ample research had showed lack of adequate demand for liquid gas. “We have put a pause on that project. We worked closely with our partners and engineers and took it to the point where our engineering work was done and we were ready to go. We looked around (but) there was not enough demand. We cannot just spend hundreds of millions and do nothing. read more

    SHELL NEWS UPDATE FRIDAY 31 MARCH 2017

    Shell shuts Bonny Light oil export line to remove theft points: Reuters/Daily Mail

    LONDON, March 31 (Reuters) – The Nigerian subsidiary of Royal Dutch Shell Plc said it had shut down the Nembe Creek Trunk Line, which exports Bonny Light crude oil, in order to remove theft points.

    Shell plans to double Hazira LNG plant capacity – India head: Reuters/Daily Mail

    March 31 (Reuters) – Royal Dutch Shell Plc plans to double the capacity of its liquefied natural gas import facility at Hazira on India’s west coast to 10 million tonnes a year, a top company executive said on Friday.

    Shell Opens New Technology Hub in India: RIGZONE

    Royal Dutch Shell plc has opened a new major technology hub in Bangalore, India, which can house up to 1,500 workers. read more

    Think Twice Before Disclosing An Idea To Shell

    By John Donovan

    I see that Shell is still energetically trawling for other people’s ideas, this time in India and Singapore.

    Shell has used a number of elaborate schemes under different names – GameChanger, Ideas360 etc – in an attempt to entice innovators into disclosing their ideas.

    The latest vehicles are Shell #makethefuture Accelerator India 2017 and Make the Future Singapore.

    All very well, providing Shell does not steal the ideas caught in their country wide nets.

    That might seem a preposterous and libellous suggestion, but from my perspective, it is a genuine concern. read more

    Another Nigerian oil scam

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    $15b Indian loan: Little meat in the bone

    By Sonny Atumah

    It  appears the proposed Nigeria US$15 billion facility from India may be a loansharking. The loan would be repaid with long term contract to supply crude oil to Indian Public Sector Undertakings, PSU (government owned corporations) that are mostly engaged in refining of petroleum products and in petrochemicals. The deal may also be in refining, executing City Gas Distribution, CGD, and Liquefied Petroleum Gas, LPG infrastructure projects by Indian PSUs.

    The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu with his Indian counterpart in charge of Petroleum and Natural Gas, Shri Dharmendra Pradhan are putting thoughts on paper in a memorandum of understanding, MOU to be firmed up at the PETROTECH 2016, the 12th biennial International Oil and Gas Conference and Exhibition at the Vigyan Bhavan in the Indian National Capital Territory, Delhi from December 5-7, 2016. read more

    Oil Majors Queue in Iran as $30 Billion of Projects in Play

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    by Golnar MotevalliAnthony Dipaola and Hashem Kalantari: November 28, 2015: Bloomberg.com

    • Shell, Total, Lukoil interested in specific Iranian fields

    • Iran seeks to sign first oil development deal in March, April

    Total SA, Royal Dutch Shell Plc and Lukoil PJSC are among international companies that have selected oil and natural gas deposits to develop in Iran as the holder of the world’s fourth-largest crude reserves presents $30 billion worth of projects to investors.

    Total is one of the companies that have been in the forefront of discussions and Eni SpA is also looking to invest, Oil Minister Bijan Namdar Zanganeh said. Shell, Total and Lukoil all specified fields they would be interested in developing in Iran, Ali Kardor, deputy director of investment and financing at National Iranian Oil Co. said in an interview in Tehran. read more

    Royal Dutch Shell, Exxon Mobil and Glencore: Energy companies risk wasting trillions on uneconomic projects

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    By Jessica Morris: 25 November 2015

    Energy companies risk wasting $2.2 trillion (£1.46 trillion) on uneconomic projects over the next 10 years, according to a new report.

    Think tank the Carbon Tracker Initiative’s (CTI) report how fossil fuel firms risk destroying investor returns says energy companies’ focus on fossil fuels at the expense of emerging clean technologies could put them out of kilter with environmental regulation, which will eventually dampen demand.

    It comes ahead of next week’s Paris Climate Change Conference (COP21) which is expected to result in, or at least pave the way for, more climate change legislation. read more

    Shell bets big on India with its second LNG terminal

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    Screen Shot 2015-09-25 at 08.10.20Shell expects LNG demand to rise by 5% every year over the next couple of decades while global gas demand is growing at 2%

    By: Siddhartha P Saikia | Singapore | September 25, 2015 5:39 AM

    Royal Dutch Shell, which set up a 5 million tonne LNG terminal at Hazira in Gujarat nearly a decade back, is targeting to grab a bigger share of the growing demand for imported gas in India. The Hague-based global energy giant is planning to set up a floating LNG facility on the east coast — at Kakinada in Andhra Pradesh.

    Recently, Andhra Pradesh Gas Distribution Corporation (APGDC), GDF Suez, Shell and GAIL have signed a memorandum of understanding (MoU) to set up a floating LNG terminal with an initial capacity of 5 mt, which could be doubled at a later stage. “We have been very constructively working on the project (LNG terminal) on the east coast. We really believe in the India gas market,” said Maaten Wetselaar, executive vice present for Shell Integrated Gas in Singapore. read more

    Brazil regulator tells Shell, partners to develop two oilfields as one

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    Screen Shot 2015-07-31 at 19.22.09RIO DE JANEIRO | BY MARTA NOGUEIRA: 18 Aug 2015

    Brazil’s National Petroleum Agency (ANP) ruled that Royal Dutch Shell (RDSa.L) and its Qatari and Indian partners need to treat oil and gas fields in the Parque das Conchas area as a single deposit, Shell said, a move that could increase taxes on output.

    Shell owns 50 percent of Parque das Conchas, its main Brazilian asset. Qatar’s state oil company Qatar Petroleum [QATPE.UL] owns 23 percent and India’s ONGC (ONGC.NS) owns 27 percent. read more

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