By Motley Fool Staff Posted 9:58PM 11/03/11 EXTRACTS Last week, my Foolish colleague Alex Planes wrote a superb article offering the conclusion that “Cheap Oil Isn’t Coming Back,” an assessment with which I completely agree. Beyond that, though, I’d add, “And Cheap Gas Has a Brief Future, Too.” With that in mind, it’s crucial to [...]
Posts under ‘LNG’
Australia Delays Ruling on Shell-PetroChina Bid
NOVEMBER 2, 2011, 4:52 A.M. ET By DAVID WINNING And DAVID FICKLING SYDNEYAustralia’s foreign-investment watchdog has pushed back by up to 90 days a decision on the takeover of coal-seam-gas developer Bow Energy Ltd. by a joint venture of Royal Dutch Shell PLC and PetroChina Co. In a government notice to parliament, the Foreign Investment [...]
Asia will drive growth for Shell, says CEO
Devjyot Ghoshal Energy-hungry Asia will remain the major growth driver for Shell, though the regions appetite may diminish slightly next year owing to global uncertainties, the Dutch oil and gas majors chief executive officer, Peter Voser, said on Monday. I think Asia-Pacific for us is the key growth region. We see a lot of growth, [...]
Asia LNG prices to continue rising-Shell CEO Voser
Mon Oct 31, 2011 6:07am GMT Oct 31 (Reuters) – Oil major Royal Dutch Shell Plc (RDSa.L) expects prices of liquefied natural gas (LNG) in Asia to continue rising and refining margins to stay under pressure in 2012, its chief executive said on Monday. “LNG prices are rising and we see this continuing,” Peter Voser [...]
OIL GIANT ROYAL DUTCH SHELL PROFITS BONANZA
By David Cralk: Friday October 28,2011 OIL giant Royal Dutch Shell unveiled a doubling in profits yesterday thanks to higher prices as it vowed to slash European investment because of economic fears. Chief executive Peter Voser said the group was making good progress as it reported third-quarter profits of $7.2billion (£4.5billion) for the period to [...]
Shell Reports Higher Q3 Earnings on Oil Prices
By Eduard Gismatullin – Oct 27, 2011 8:25 AM GMT+0100 Royal Dutch Shell Plc, Europes biggest oil company, said third-quarter profit doubled as energy prices rose and it ramped up projects from Qatar to Canada. Net income increased to $7 billion from $3.5 billion a year earlier, The Hague-based Shell said today in a statement. [...]
Shell’s Q3 profits soar on higher oil price
(Reuters) – Royal Dutch Shell Plc (RDSa.L) reported a doubling in profits on Thursday thanks to higher oil prices, robust demand for gas and stronger refining margins, and said it would continue to sell off non-core assets. Europe’s largest oil company by market value said it’s current cost of supply (CCS) net income was $7.2 [...]
Shell Chairman: Floating LNG Is A Game Changer For Offshore Gas
By James Herron Published October 18, 2011| Dow Jones Newswires PARIS -(Dow Jones)- Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels will prove to be a game changer for the offshore gas industry, said the company’s Chairman, Jorma Ollila Tuesday. “This game-changing technology will substantially [...]
Oil Price Volatility Will Remain for Next Decade, Peter Voser Says
BUSINESS CHINA 11 Oct 2011 5 Questions with Shell CEO Peter Voser Q. At SIEW 2011, you will be speaking on the future of energy. Can you provide us with a sneak preview on where you see the future of energy? A: The global energy system is in the early stages of a historic transformation. [...]
Is Royal Dutch Shell Trying To Muscle Into InterOil’s LNG Project?
EXTRACT FROM RELATED ARTICLE: Now that it is out in the open, the story in The Sunday Chronicle is actually very damaging for Shell… (Is Shell Trying To Muscle Into InterOil’s LNG Project?) Sunday September 25, 2011 THE O’Neill-Namah government has moved into damage control mode for the second LNG project development in Gulf Province. [...]
Arrow Wins Bow Energy After Boosting Offer to A$535 Million
By James Paton Sept. 26 (Bloomberg) — Arrow Energy Ltd., owned by Royal Dutch Shell Plc and PetroChina Co., agreed to buy Bow Energy Ltd. after sweetening its offer to A$535 million ($516 million), gaining resources for a natural gas project in Australia. The coal-seam gas explorer and producer in Queensland state increased its cash [...]
Gazprom Sees LNG Plant Expansion Backed By Sakhalin-2 Fields
That’s in marked contrast to Shell, which while operating Sakhalin-2 in 2006, was forced to execute a below-market sale of its operating position at bargain prices to Gazprom, the country’s giant gas gathering and distribution company. By Anna Shiryaevskaya – Sep 14, 2011 4:04 PM GMT+0100 OAO Gazprom expects the Sakhalin-2 venture to produce enough fuel [...]
Shell On Track To Deliver Growth Targets For 50%-80% Cashflow By 2012
SEPTEMBER 9, 2011 LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA.LN), Friday confirmed that it has made solid progress in starting up three world-class oil & gas projects in 2011, which at peak will add some 400,000 barrels oil equivalent, and is on track to deliver its strategic targets for 50-80% growth in cash flow from [...]
Big oil companies may have to give up Iraq gas
Mon Aug 29, 2011 10:25am EDT By Ahmed Rasheed and Daniel Fineren DUBAI (Reuters) – Many of the world’s biggest energy companies may have to surrender most of the gas from Iraq’s vast southern oilfields to a processing and export project led by Shell, a final draft contract between Baghdad and Europe’s biggest company, obtained [...]
MEP claims gardaí assaulted him at Corrib gas protest
The Irish Times – Friday, August 26, 2011 LORNA SIGGINS, Western Correspondent SOCIALIST Party MEP Paul Murphy says he intends to lodge a complaint with the Garda Síochána over his treatment at a Corrib gas protest in north Mayo yesterday. Mr Murphy says he was assaulted by gardaí as he participated in a sit-down protest [...]


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