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 […]
Posts under ‘OPEC’
By 2023, a Changed World in Energy By CLIFFORD KRAUSS: A version of this article appeared in print on April 25, 2013, on page F1 of the New York edition HOUSTON IF you could close your eyes for just a moment like Rip Van Winkle, and blink them open in 2023, you might see a […]
VIENNA | Wed Nov 7, 2012 4:27pm GMT Reuters) – Royal Dutch Shell (RDSa.L) said on Wednesday that it remained interested in oil and gas exploration opportunities in Libya after abandoning drilling in two blocks earlier this year. Shell told Reuters in May that it planned to exit from the LNGDA and area 89 after […]
Selection of links to articles that may be of interest to our visitors, as supplied by a regular contributor Shell’s oil spill solution? Live with it! Avaaz Daily Briefing-6 hours ago What would you do if your water was polluted, your livelihood destroyed and your backyard regularly caught fire due to oil spills? Shell has […]
LINKS TO ARTICLES THAT MAY BE OF INTEREST TO OUR VISITORS: SUPPLIED BY A REGULAR CONTRIBUTOR I noticed some debate in your blog about ‘price fixing’, with the Royal Dutch Shell loyalists claiming it was all the fault of ‘big government’. Right. If you believe that then you will believe that pigs can fly. Here […]
Article and associated links supplied by a regular contributor Subject: Israeli gas discoveries and shale gas potential The Israeli’s have made some very large oil and gas discoveries in the off-shore Mediterranean Sea, but the major western oil companies like Royal Dutch Shell are not interested in investing in this new frontier. Wonder why ? […]
FROM OUR ARCHIVES… International Herald Tribune: Shell Concealed Extent of Its Problems to Protect Nigeria Partnership. Friday, March 19, 2004 The Royal Dutch/Shell Group has kept secret key details of its sharp reduction of oil and gas reserves for fear of damaging its close ties to Nigeria, whose oil production quota set by OPEC might […]
Wed Jul 13, 2011 1:27pm GMT * IEA sees continued gap between OPEC output and demand for OPEC oil * Maintains that strategic petroleum reserves release is working * No decision yet on further stocks releases By Alex Lawler and Barbara Lewis LONDON, July 13 (Reuters) – World oil demand growth will accelerate next year, […]
Shell’s search for profits widens even as the oil price climbs Shell now ‘world’s largest trader’ as well as oil major Plans to explore in Arctic, Iraq, Russia and deep sea Terry Macalister: Thursday 3 February 2011 20.07 GMT Shell earned the majority of its profits in 2010 not from pump sales, but […]
NO SHORTAGE A Chesapeake Energy natural gas well near Burlington, Pa. Experts say the nation has gas reserves for 100-plus years. By CLIFFORD KRAUSS A version of this article appeared in print on November 17, 2010, on page F1 of the New York edition. THREE summers ago, the worlds supertankers were racing across the oceans […]
Thu Jun 17, 2010 7:27am GMT By Nick Tattersall LAGOS (Reuters) – Royal Dutch Shell has some $40 billion worth of potential investment in deepwater oil projects in Nigeria on hold amid uncertainty over planned reforms to the energy sector, a senior executive told Reuters. Mutiu Sunmonu, country chairman for Shell Nigeria, said it was […]
On Thursday, Royal Dutch Shell, BPs Anglo-Dutch rival, is expected to report a 70 per cent fall in profits to $2.5 billion.
A vast new oilfield off the coast of Brazil could contain up to two billion barrels of crude, providing fresh evidence that a spate of discoveries in the region is opening up a new frontier for the global oil industry.
Royal Dutch Shell Plcs Nigerian unit said protesters besieged its Olomoro pumping station in the southern Niger River delta to press demands for a greater share in the regions oil wealth for local communities. Demonstrations that started last week continued yesterday, said Tony Okonedo, a company spokesman. The protests concern issues that are already receiving attention from Shell, he said, adding that were in dialogue with the community. The action hasnt disrupted oil production because the Olomoro station has been shut since June due to the general security situation in the region, Okonedo said.
Refiners need to consolidate and close plants to increase profitability, the Organization of Petroleum Exporting Countries said yesterday. The Hague-based Shell put two refineries in northern Germany up for sale earlier this year. Chief Executive Officer Peter Voser has pledged to simplify decision-making and cut costs against a deteriorating economic backdrop.