Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Russia’

BG Deal May Leave Shell’s Arctic Ambitions In Limbo

By Nick Cunningham: Sun, 19 April 2015 Royal Dutch Shell’s purchase of BG will turn the combined company into a natural gas behemoth. But one casualty of the merger could be one of Shell’s iconic drilling campaigns: the Arctic. The Arctic is thought to hold 13 percent of the world’s undiscovered oil reserves, and 30 percent […]

Landmark Deal Curbs Flaring Pollution

Top oil-producing nations and companies pledge to eliminate the waste of natural gas that also exacerbates global warming April 17, 2015 |By Lisa Friedman and ClimateWire Top oil-producing nations, including the Russian Federation, Kazakhstan and Angola, as well as Royal Dutch Shell PLC and other companies say they will stop flaring natural gas by 2030 […]

Shell starts supplying natural gas to Ukraine

Shell starts supplying natural gas to Ukraine Ukraine will be receiving gas via Slovakia  Royal Dutch Shell will start gas supplies to Ukraine via Slovakia in April 2015, according to Ukrainian media.  The company plans to provide at least 120 to 130 million cubic meters this month at a cost of USD 253 per 1,000 […]

Kashagan to Start Production in 2017, Says Royal Dutch Shell Report

BY MICHELLE WITTE in BUSINESS on 13 APRIL ASTANA – Production at Kazakhstan’s giant Kashagan offshore oil field is expected to restart in 2017, Royal Dutch Shell stated in its 2014 annual report. “After the start of production from the Kashagan field in September 2013, operations had to be stopped in October 2013 due to […]

Following the Shell-BG deal, could Exxon bid for BP?

Article by Jim Armitage published by The Independent on Friday 10 April 2015 Following the Shell-BG deal, could Exxon bid for BP? Another day, another tide of speculation sweeps through the City investment banks about oil industry takeovers following Shell’s £47 billion bid for BG, the UK’s third largest energy supplier. Even that old saw […]

Greenpeace climbs, sets up camp on Shell’s Arctic drilling rig

Alaska Dispatch News article published April 6, 2015 Greenpeace climbs, sets up camp on Shell’s Arctic drilling rig Protesters with the environmentalist group Greenpeace on Monday intercepted and climbed a Royal Dutch Shell drill rig in the Pacific Ocean to protest the company’s plans to drill in Alaska’s Arctic. According to a release from Greenpeace, six activists launched from the […]

Why we all should care about the oil platform explosion that just happened in Mexico

This image, one of several that were made available to Greenpeace by anonymous workers, shows smoke and fire on the shallow-water Abkatun, a permanent platform in the Campeche Sound in the Gulf of Mexico. Early Wednesday morning the Pemex oil platform, Abkatun Alpha blew up off the West coast of the Yucatan peninsula. The explosion […]

Iran riches coveted by big oil after decades of conflict

Extracts from a Bloomberg article published 31 March 2015 Iran riches coveted by big oil after decades of conflict Now, as Iran and the US enter 11th hour negotiations to reach a nuclear deal and ease sanctions, the West Asian country is emerging again as a potential prize for western oil companies such as BP, […]

Non-U.S. Shales Prove Difficult to Crack

By JUSTIN SCHECK and SELINA WILLIAMS: WALL STREET JOURNAL March 18, 2015 11:20 p.m. ET Exxon, Shell and others are pulling back from once-promising shale finds in Europe, Asia After spending more than five years and billions of dollars trying to re-create the U.S. shale boom overseas, some of the world’s biggest oil companies are starting […]

Quakes force Dutch lawmakers to cut gas production

Article by Keith Findlay published 11 March 2015 by EnergyVoice.com Extracts Dutch communities rattled by earthquakes are upending Europe’s energy market. Towns in the northern province of Groningen sit atop the continent’s biggest gas field, where the Dutch government says exploration by oil and gas majors Royal Dutch Shell and ExxonMobil has triggered 196 earthquakes […]

Dutch Quakes Toss Wrench Into Gears of Europe Gas Market

Article by Isis Almeida published 10 March 2015 by Bloomberg Dutch Quakes Toss Wrench Into Gears of Europe Gas Market (Bloomberg) — Dutch communities rattled by earthquakes are upending Europe’s energy market. Towns in the northern province of Groningen sit atop the continent’s biggest gas field, where the Dutch government says exploration by Royal Dutch […]

SAKHALIN2: How many billions of dollars did Shell lose in Russian annexation?

Chris Finlayson representing Shell and Alexander Medvedev, Gazprom’s Vice Chairman By John Donovan Royal Dutch Shell executive Chris Finlayson held a leadership position in Shell’s Sakhalin II project in Russia from September 2005 to September 2009. The venture was described as “the Mother of all Projects” by the Financial Times. When Finlayson joined the Sakhalin […]

Salym Shell development in Siberia

By Olga Ivshina, BBC News, Western Siberia, published 27 Nov 2014 under the headline: Russian oil industry facing deep freeze Without visiting a well in Western Siberia, you would never realise just how hard it is to extract oil in Russia. Two hours’ drive from the nearest village of Salym, the snow banks are huge and […]

News suppression allegations made by Peter Oborne

By John Donovan The Sunday Times has today published a whole page news story under the headline: “READ ALL ABOUT IT” The article is focused on sensational allegations by Peter Oborne, who has just resigned as the Chief Political Commentator of The Daily Telegraph. The Sunday Times is understandably delighted to have a poke at […]

ExxonMobil could snap up BP in a single bite

Information sourced from an FT article by Energy Editor Christopher Adams published 15 February 2015 under the headline: “BP’s battles leave it vulnerable to major move” Extract If ExxonMobil chief executive Rex Tillerson really wanted to, he could snap up BP in a single bite. Of all the UK major’s rivals, Exxon, the world’s biggest […]

Oil companies Arctic projects in deep freeze

Information and graphic sourced from an FT article by Richard Milne in Oslo, Christopher Adams in London and Ed Crooks in New York, published 6 February 2015. The first of two drilling rigs contracted by Shell will soon leave Singapore and once sea ice has sufficiently receded, will embark on a summer drilling project in U.S. […]

Inside Shell’s earnings report: Proof that the Saudis’ oil market strategy is working

By Puneet Kollipara January 29 at 5:43 PM Saudi Arabia shocked the world last fall in breaking from its traditional mold of keeping oil production artificially low to prop up oil prices. Instead, the Saudis and other OPEC nations voted to keep oil output steady even in the face of a global supply surplus, a move seemingly designed […]

BP Shell merger on the horizon

Potentially, a prolonged period of low oil prices might finally see BP and Shell, like two drunken sailors, holding each other up through the merger that has so long been on the horizon. AN ARTICLE BY ALEX BRUMMER FOR THE DAILY MAIL PUBLISHED 30 Jan 2015  “ALEX BRUMMER: Big oil players confront the slump by slashing capital […]

Blood in the water

Mergers offer a chance to cut costs and save money. Prices are low. BP, now fit, lean and cheap, is not best placed to go shopping itself. So it could be on someone else’s list. The oil giant’s troubles could make it a takeover target, especially if the price of crude keeps falling INVESTORS in […]

BP sees $50 oil for three years

BP can’t be immune to the upheaval. Today its job announcement is focused on the UK. But it won’t be long till it announces staff reductions in Houston, another of its important centres. Robert Peston article published by BBC News 15 Jan 2015 BP sees $50 oil for three years BP’s job announcement later today, […]

Arctic Explorers Retreat From Hostile Waters With Oil Prices Low

From an article by Mikael Holter published 14 Jan 2015 by Bloomberg under the headline: “Arctic Explorers Retreat From Hostile Waters With Oil Prices Low” When Statoil ASA (STL) acquired the last of three licenses off Greenland’s west coast in January 2012, oil at more than $110 a barrel made exploring the iceberg-ridden waters an […]

Why A BP Shell Merger Is Not A Sensible Option

Why A BP plc (BP) Royal Dutch Shell Merger Is Not A Sensible Option Bidness Etc discusses how lower oil prices have impacted BP’s stock price, and why the merger with Royal Dutch Shell is not on the cards By: MICHEAL KAUFMAN Published: Jan 6, 2015 at 9:46 am EST Crude oil prices have declined […]

BP hit by fall out from sanctions against Russia and oil price crash

How BP Got Impacted From Exposure In Rosneft Oil Co (RNFTF) During Q4 Bidness Etc looks at how the western sanctions against Russia and the lower crude price have impacted BP during the fourth quarter due to its exposure in Rosneft Oil By: MICHEAL KAUFMAN Published: Jan 5, 2015 at 9:01 am EST BP plc […]

Shell must put BP out of its misery

Article by Jeremy Warner published on 4 Jan 2015 in The Sunday Telegraph Valued at nearly £140bn, Shell is today worth almost twice as much as BP. Shell must put BP out of its misery before anyone else pounces. Here’s an idea that has investment bankers drooling in anticipation, but needs to be killed off here […]

Oil prices down by almost 50%

From an article published by Bloomberg News Friday 2 Jan 2015 Oil dropped to the lowest in more than five and a half years amid growing supply from Russia and Iraq and signs of manufacturing weakness in Europe and China. Oil output in Russia and Iraq surged to the highest levels in decades in December, […]

Tumbling crude prices will lay waste to countries and companies alike

By John Donovan The oil industry is leaving 2014 on a low note as far as oil prices are concerned.  A financial earthquake has hit ExxonMobil, Royal Dutch Shell, BP, Chevron, Conocophillips and Total.  The Sunday Times devoted a whole page article by Danny Fortson to the turmoil resulting from the collapse in the price […]

WILL BP BE ABLE TO SURVIVE?

By: MICHEAL KAUFMAN Published: Dec 11, 2014 at 4:50 pm EST The operating cashflow for BP plc (ADR) (NYSE:BP) is expected to grow 5.3% between 2014 and 2017. BP is slightly above Royal Dutch Shell plc’s (ADR) (NYSE:RDS.A) growth rate of 4.1%.There have been several factors that have contributed to low expected growth for the […]

BP a sitting duck

The rumours that surfaced earlier this week that Shell might be taking a closer look at BP are not that ridiculous and in the current climate of lower oil prices and falling profits they actually make perfect sense. The first reason is that BP looks like a sitting duck. THE TELEGRAPH Why Shell could buy […]

Shell’s disdain for its governing constitution, Shell Business Principles

By John Donovan A few days ago I published an article pointing out that the Shell Business Principles document, proclaiming Shell’s core values and setting out the ethical platform on which Royal Dutch Shell supposedly operates, is conspicuously out of date. The version published on shell.com still bears the name of Peter Voser who resigned […]

Repercussions Of Lower Oil Prices On Energy Sector

Published: November 29, 2014 at 11:11 am EST By: Micheal Kaufman The decision by the Organization of Petroleum Exporting Countries (OPEC) to maintain production at 30 million barrels of oil per day came as a shock for most oil companies. As a result crude oil prices fell drastically and West Intermediate Texas (WTI) was down […]

Shell admits fracking failure in Ukraine

By John Donovan The Russian News Agency Tass is reporting that Graham Tiley, the country manager of Shell Ukraine has admitted in a meeting with a local high-ranking official that Royal Dutch Shell has failed to achieve the desired progress in the Yuzovka gas field in Ukraine’s east.  Tiley blamed the fracking failure on the situation in […]

OPEC IN DISARRAY AS OIL PRICE TUMBLES

Major Opec nations, Russia and US shale oil drillers now appear on the brink of a price war as these three giant producing blocs fight for a greater share of global demand. (Potentially disastrous news for Big Oil – ExxonMobil, Shell, BP, Chevron and Total) The Telegraph: World on brink of oil price war as Opec […]

OIL, OIL, TOIL AND TROUBLE

ARTICLE BY STEVEN HAYWARD, PUBLISHED BY POWERLINE 25 NOVEMBER 2014 The fall OPEC meeting is under way right now in Vienna, and all eyes are on the Saudis, to see whether they will lead a strategy to stop the fall in oil prices, which is putting the crimp on Iran, Russia, and Venezuela, among other […]

Oil price slump

Vladimir Putin has said that Russia could suffer “catastrophic consequences” from sanctions, the falling oil price and the sliding rouble, while claiming they would have knock-on effects for other countries. Prices could plunge to $60 US a barrel if OPEC does not agree to a significant output cut this week, according to market players. Lower […]

Big oil is exposed to falling prices who can survive?

BRENT CRUDE PRICES HAVE SLUMPED SINCE PEAKING AT $115 IN JUNE By John Donovan The news media is waking up to the potential seismic impact on big oil from falling oil prices. Our headline – “Big oil is exposed to falling prices who can survive?” – is taken from an article by John Ficenec published […]

Total CEO’s Larger-Than-Life Character Respected Across Energy Industry: Shell CEO

Royal Dutch Shell’s CEO Ben Van Beurden speaks during a press conference. MOSCOW, October 21 (RIA Novosti) – French oil and gas company Total CEO Christophe de Margerie was a larger-than-life character that was respected across the energy industry, energy group Shell CEO Ben van Beurden told RIA Novosti on Tuesday. “I’m extremely sad to […]

Shell CEO dubious prediction on oil prices

Today we have another forecast from a Chief Executive of Royal Dutch Shell Plc, no doubt based on an assessment by the crystal ball gazers at Shell, the famed Scenarios team. Is it a case of wishful thinking on the part of Shell? Can we have faith in the prediction made by the current CEO? By […]

Shell backs out of Russian oil projects

In April 2014, following the Russian Annexation of Crimea, Shell COE, Ben van Beurden, was still bowing to Putin and full of ambition for Russian oil and gas projects.  By John Donovan In April 2014, Royal Dutch Shell Chief Executive Ben Van Beurden claimed that the company had no plans to change its work with its […]

Royal Dutch Shell Prelude Project ‘A Step Too Far’

By John Donovan I have received a comment about the most recent Bill Campbell Prelude article from another expert, a former Shell executive.  I refer to Hans Bouman, the retired Groningen Gas Field Asset Manager for NAM, a joint Royal Dutch Shell/ExxonMobil operation. Mr Bouman is the expert who in 2002 warned Shell/Sakhalin Energy internally of his concerns […]

Royal Dutch Shell News 23 Sept 2014

By John Donovan Nigeria FROM THE DAILY MAIL Shell has overhauled its security procedures in Nigeria to prevent oil theft that is costing it hundreds of millions of pounds. The Anglo-Dutch oil giant said it had stopped paying private security contractors to monitor its pipelines and oil facilities.  Carbon Pricing Forbes.com has published an article […]