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Posts under ‘India’

Shell in talks to buy stake in southern India LNG project

Extract from a Reuters article published 26 May 2014 May 26 (Reuters) – Global energy major Royal Dutch Shell is in talks with the Andhra Pradesh state government for buying up to 24 percent stake in the planned Kakinada liquefied natural gas project on the east coast, GAIL chairman B.C Tripathi said on Monday. FULL […]

Seething review of Mark Moody-Stuart book: Responsible Leadership

Extracts from a review by Danny Chivers of the recently published book by retired Royal Dutch Shell Group Chairman Sir Mark Moody-Stuart: “RESPONSIBLE LEADERSHIP: Lessons from the Front Line of Sustainability and Ethics” Article originally published under the headline: “If this is responsible leadership, then I’m an Ogoni” Reading this book was a strange experience. […]

Mike Watts, who found oil in Thar desert, to quit Cairn Energy

Extract from an article published 10 April 2014 by ZeeNews.India.com New Delhi: Dr Mike Watts, the man credited with discovering India’s largest onland oil field in Rajasthan, will step down from the board of Cairn Energy plc in mid-May.  He saw oil in the Thar desert when Royal Dutch Shell could not and bought out […]

Brazil’s Petrobras Completes $1.6 Billion Oil-Field Sale

December 30, 2013 RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro SA, or Petrobras, said late Monday that it had completed the sale of a 35% stake in an offshore oil field to partners Royal Dutch Shell PLC and India’s ONGC Videsh. With completion of the deal, Shell raises its stake to 73%… FULL ARTICLE […]

Wake-up call to Shell India from a disgruntled retailer

This is to get it to your notice what’s happening in Shell India. One of the worst management I have seen. Shell please wake-up and do save our retailer community in India. Some one please do exit-interviews of the retailers who have left and do justice to people who serve you. In India bribes are […]

Shell chief Peter Voser warns of oil crunch without investment

Some analysts have questioned whether a change in management at Shell, with Ben van Beurden due to take over in three months, could see a change in strategy to focus the company on greater returns. JP Morgan asked in a recent investor note: “Does he want to run a lowly-rated, large company or create a […]

Vodafone, Shell asked to file replies in tax case by 10 October

Both firms have challenged tax demands through writ petitions in high court in an alleged transfer pricing case: Shell India is fighting a tax order accusing it of underpricing an intra-group share transfer by Rs.15,000 crore and consequently evading taxes. Mumbai: The Bombay high court on Monday asked the Indian units of Vodafone Group Plc […]

China Fracking Quake-Prone Province Shows Zeal for Gas

By Benjamin Haas – Aug 1, 2013 12:01 AM GMT+0100 China won’t let earthquakes hinder its quest for energy. Companies such as Royal Dutch Shell Plc (RDSA) and China National Petroleum Corp. are starting to drill for gas and oil in shale rock in Sichuan, the nation’s most seismically active province, a process geologists say […]

Shell proposes LNG project in AP, seeks Govt support

Hyderabad, June 13:   A high powered team from Shell and Richard Hyde, British Deputy High Commissioner, Hyderabad on Thursday called on State Infrastructure Minister to discuss their plans to set up a LNG project in Andhra Pradesh. The delegation including Roger Bounds, Shell Vice President Global LNG and Sander Stegenga, Shell Chief Executive Officer, Andhra […]

ONGC, Shell set to split $6bn gas buy

Piyush Pandey, TNN | May 31, 2013, 06.16AM IST MUMBAI: Oil and Natural Gas Corporation (ONGC) and Royal Dutch Shell will equally split the prized 20% stake acquisition in Rovuma basin gas block in Mozambique, after the sellers decided to court individual buyers due to difference in priorities. The stake on offer is valued between […]

Shell challenges $1 billion tax demand in Bombay HC

Thursday, April 25, 2013 Mumbai: Global oil major Royal Dutch Shell Thursday said it has moved the Bombay High Court here, challenging the USD 1 billion demand made by the tax authorities on a four-year-old equity infusion. “Shell confirms that it has filed a writ petition in the Bombay High Court challenging the draft tax […]