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Posts under ‘Saudi Aramco’

Motiva to integrate Norco, Convent refineries in Louisiana

26 March 2015 (Reuters) – Motiva Enterprises said on Thursday that operations at its Convent and Norco, Louisiana, refineries will be integrated to take advantage of increased production of lower-cost U.S. shale oil. Motiva, which is co-owned by Royal Dutch Shell Plc and Saudi Aramco, said the first step in the integration project is the […]

Prices Fall to a Six-Year Low for U.S. Oil

Article by Stanley Reed published 17 March 2015 in the New York edition of the New York Times Prices Fall to a Six-Year Low for U.S. Oil Oil prices fell to six-year lows on Monday in the face of concerns that a glut in the United States was outpacing already-brimming storage facilities. Additionally, the Organization […]

Price of crude oil resumes its descent

Article by Stanley Reed published New York Times New York Edition 14 March 2015under the headline: Oil Prices Drop as Production Hums Along Despite a Brimming Supply LONDON — Just as the oil market appeared to be stabilizing, the price of crude resumed its descent on Friday. The drop, of about 4 percent, came after […]

USW reaches sellout deal, moves to shut down oil workers’ strike

From an article by Jerry White published 13 March 2015 by WSWS USW reaches sellout deal, moves to shut down oil workers’ strike The United Steelworkers (USW) union announced Thursday that it had reached a tentative agreement with lead bargainer Royal Dutch Shell that would be the basis for a four-year labor agreement covering 30,000 workers in […]

Latest Development Regarding The USW Refinery Strike

By: MICHEAL KAUFMAN: Published: Mar 7, 2015 at 10:04 am EST The biggest oil refinery strike in the US in over three decades has entered its 35th day, with no agreement between the United Steelworkers (USW) union and Royal Dutch Shell plc (ADR) (NYSE:RDS.A) been reached so far. The two parties had a meeting on Wednesday, […]

More Steelworkers Cross Picket Lines as Refinery Strike Drags on

Article by Zain Shauk published 4 March 2015 by Bloomberg.com More Steelworkers Cross Picket Lines as Refinery Strike Drags on (Bloomberg) — Royal Dutch Shell Plc said more than 20 percent of about 800 union workers at its Deer Park refinery in Texas have crossed picket lines, undermining a strike that has entered its second month. […]

NPD investigates shooting at Motiva supervisor’s home

By JohnDonovan Several months ago we published an article about certain events at the Shell-Motiva Norco site in Louisiana involving alleged victimisation of employees: VICTIMIZATION OF EMPLOYEES RAMPANT AT SHELL-MOTIVA NORCO SITE Here is another article involving a Motiva Supervisor, this time published by beaumontenterprise.com:  NPD investigates shooting at Motiva supervisor’s home By Manuella Libardi: Published 4:03 pm, Monday, March 2, 2015 […]

Keystone and the Riddle of the Tar Sands

BY MARK DOWIE 2/25/15 AT 10:49 PM Late 21st-century graduate students of business studying the growing problem of stranded assets will almost certainly focus on the history of Canada’s Athabasca Oil Sands (a.k.a. the tar sands). The case studies they read will either describe the gradual abandonment of the world’s largest reserve of bituminous crude […]

USW Negotiations with Royal Dutch Shell deadlocked

By: MICHEAL KAUFMAN Published: Feb 23, 2015 at 1:28 pm EST Tensions between Royal Dutch Shell plc (ADR) (NYSE:RDS.A) and the United Steelworkers (USW) union rise as more union workers have walked out of three additional US refineries. The latest negotiations between Shell and USW took place on February 20. However, no agreement between the […]

U.S. refinery strike widening to include largest refinery

HOUSTON Sat Feb 21, 2015 12:13am EST (Reuters) – The U.S. refinery strike was widening on Friday night as workers at the nation’s largest refinery gave notice of a walkout beginning at 12 a.m. (0600 GMT) on Saturday, the United Steelworkers union (USW) said. Shortly after talks between union and oil company representatives ended on […]

High Noon on oil prices: OPEC vs U.S. Shale

From an article by Catherine Ngai published on 6 Jan 2015 by Reuters under the headline:  “High Noon on the Gulf Coast: Canada, Saudi oil set for showdown” NEW YORK (Reuters) – As a test of wills between OPEC nations and U.S. shale drillers fuels a global oil market slump, a brewing battle between Canadian […]

Investors Freak: Oil on its way down to $20 A Barrel?

From an article by Christopher Helman published by Forbes.com on 6 Jan 2015 under the headline: “Investors Freak As Saudi Inaction Could Sink Oil To $20 A Barrel. Time To Buy? OPEC is not going to come to the rescue. It is up to American producers to cut oil supplies. The world freaked out over oil […]

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 […]

Royal Dutch Shell Plc .com News Round-up 12 August 2014

A frosty reception for Shell sponsorship; Oil and Gas company debt soars to danger level; Shell a gigantic flea By John Donovan UK The Telegraph City Diary column has commented on Shell’s embarrassment at arts sponsorship monies being returned to the  company in Ireland. “First the Antarctic, now Ireland. The list of countries where Royal […]

Shell ending investments in gas development project in Saudi Arabia

Reuters article published by ArabNews.com Monday 7 July 2014 DUBAI: Royal Dutch Shell is ending investments in a gas development project in Saudi Arabia, complicating the top oil exporter’s efforts to exploit its huge gas reserves. The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly […]

Saudi Arabia gas project has failed, admits Shell

Extracts from an article by Andrew Critchlow published 6 July 2014 by The Sunday Telegraph Royal Dutch Shell has admitted that its search for gas in Saudi Arabia has been a decade-long wild goose chase, dashing any hopes of gaining a prized upstream foothold in the kingdom. “We haven’t had a very successful exploration campaign,” Andrew […]

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