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Royal Dutch Shell profits up in first quarter

2 May 2013 Oil giant Royal Dutch Shell has reported profits of $7.95bn (£5.1bn) for the first quarter of 2013, up 3.5% from a year earlier. Strong refining and trading performances boosted profits, despite production troubles in Nigeria. The company also announced that chief executive Peter Voser would retire in the first half of 2014. [...]

Shell beats French rival to £6.5bn Abu Dhabi gas deal

By Rob Davies: PUBLISHED: 01:07, 1 May 2013 | UPDATED: 01:07, 1 May 2013 Royal Dutch Shell has pipped French rival Total to a multi-billion-dollar project to develop a difficult gas field with Abu Dhabi’s National Oil Co. The deal gives the Anglo-Dutch oil supermajor a chance to prove the effectiveness of its latest sour [...]

Royal Dutch Shell wins huge UAE gas deal

30 April 2013 Anglo-Dutch company Shell has beaten France’s Total to a multi-billion-pound deal to develop a gas field with the Abu Dhabi National Oil Company (ADNOC). The two companies will develop the Bab field, a potentially tricky project because it contains so-called sour gas, a poisonous and foul smelling product. The project, which could [...]

Shell: Motiva’s Port Arthur Refinery Restart to Take ‘Several Days’

Published April 16, 2013 by Dow Jones Newswires Motiva Enterprises LLC’s Port Arthur, Texas, refinery is in the early process of preparing units for restart, following an unexpected loss of power Sunday from its utility provider, said Kimberly Windon of Shell Oil Co., spokeswoman for the joint venture that operates the refinery. “The refinery is [...]

Selection of links to Shell related articles 1 April 2013

Selection of links to Shell related articles kindly supplied by a regular contributor Niger Delta fishermen want N4.32b from Shell: P.M. News-We are appealing to Federal Government, Shell Company and NOSDRA to look into the hardship caused by the oil spill on our members in the … Kiobel case: Corporate accountability for human rights abuses: [...]

Selection of links to Shell related articles 19 March 2013

Selection of links to Shell related articles kindly supplied by a regular contributor Big oil tries to make amends for missing another big boom: Quartz-by Steve LeVine-The absence of Big Oil–BP, Chevron, Exxon and Shell; Total is a quasi super-major–from East Africa may seem odd. Analysts say that, taken … Why the war in Iraq [...]

Shell set to abandon Saudi Empty Quarter gas search- sources

Thu Mar 7, 2013 4:40am EST * High costs, low returns of Empty Quarter gas search * Development terms the problem-sources * Shell says talks with Saudi government continue By Reem Shamseddine and Amena Bakr KHOBAR/DUBAI, March 7 (Reuters) – Royal Dutch Shell is set to pull out soon from a joint venture that has [...]

Nigeria Spill Fines on Shell, Chevron, Not Backed by Law

By Elisha Bala-Gbogbo – Feb 1, 2013 11:23 AM GMT Fines amounting to $8 billion sought by Nigeria from Royal Dutch Shell Plc (RDSA) and Chevron Corp. (CVX) for oil spills are not backed by law, said Bukola Saraki, chairman of the country’s Senate Committee on Environment. “Under the existing law, there is no penalty [...]

For all but Shell, Alaska risks outweighed the benefits

In an April document entitled “-48° C,” Lloyd’s of London – a British insurance giant – claimed that “cleaning up any oil spill in the Arctic, particularly in ice-covered areas, would present multiple obstacles which together constitute a unique and hard-to-manage risk.” In July, British Petroleum – which had run the Deepwater Horizon platform – [...]

Development challenge of Kazakhstan’s giant oilfield

Kashagan – a giant offshore oil field in the Caspian Sea – The project is better known (in Shell circles) as “Cash all gone” 7 December 2012 By Rayhan Demytrie BBC News, Kashagan oil field, Kazakhstan t has cost $46bn (£28.8bn) to develop Kazakhstan’s most ambitious project, Kashagan – a giant offshore oil field in [...]

Shell to move gas centre as Asia LNG comes to the fore

By Sarah Young LONDON | Wed Dec 5, 2012 6:24pm GMT (Reuters) – Royal Dutch Shell (RDSa.L), the world’s biggest LNG company, will move the headquarters of its integrated gas business to Singapore from Europe as part of its quest to feed Asia’s surging demand for the fuel, the company said on Wednesday. “It will [...]

Nigeria Holds Talks With Shell, Exxon to Agree on Oil-Tax Reform

By Elisha Bala-Gbogbo on December 04, 2012 Nigeria, Africa’s top oil producer, said it’s in talks with Royal Dutch Shell Plc (RDSA), Exxon Mobil Corp. (XOM) and other energy companies to reach an agreement on tax demands proposed in draft legislation. “There’s always the intent to try and strike a balance, particularly from the side [...]

BP is still one big toxic mess

With a $130 billion market cap, and billions of dollars in unknown liabilities, BP is still one big toxic mess. Why BP is not a takeover target By Cyrus Sanati: November 26, 2012: 9:35 AM ET FORTUNE — It’s one of the largest companies in the world. Could it really be a takeover target? Some [...]

Exxon, Shell Said to Face Delay on Kashagan Output Boost

By Nariman Gizitdinov – Nov 20, 2012 9:45 AM GMT Exxon Mobil Corp. (XOM), Royal Dutch Shell Plc (RDSA) and their partners in Kazakhstan’s Kashagan oil field face a delay of at least two years on a plan to boost output 20 percent, reducing the time they have to recoup costs in the $46 billion [...]

Selection of Shell related articles Tuesday 13 November 2012

Selection of Shell related articles Tuesday 13 November 2012 John, A few articles which may be of interest to your visitors: Shell’s Arctic challenges just beginning: Anchorage Daily News-6 hours ago: Shell Oil photoThe Noble Discoverer prepares for its initial Chukchi Sea … BARROW — Even if Shell strikes oil in the Beaufort and Chukchi [...]