James Kimer on January 4, 2012. As the second largest energy company in the world after Exxon-Mobil, Royal Dutch Shell has been a major player in Nigerian oil and gas from the beginning, overseeing the first commercial export of oil from the country in 1958 from the Oloibiri Field. Their success over the years has [...]
Posts Tagged ‘ExxonMobil’
Deep Gulf drilling thrives 18 mos. after BP spill
By JONATHAN FAHEY, AP Energy Writer: 30 December 2011 ALAMINOS CANYON BLOCK 857, GULF OF MEXICO (AP) Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean’s surface than ever before. These pipes, which run nearly two miles deep, are connected to [...]
Rosneft: BP To Exit Sakhalin-5 Project – Report
MOSCOW -(Dow Jones)- BP PLC (BP, BP.LN) is to exit the Sakhalin-5 gas project, and Russian state oil company OAO Rosneft (ROSN.RS) will continue working on it on its own, Interfax news agency reported Monday, citing Rosneft Chief Executive Eduard Khudainatov. “BP is not interested in this project and we have made no secret of [...]
Huge slick from Shell’s 1.68 million gallon Atlantic Ocean oil spill
By Associated Press, Updated: Friday, December 23, 4:20 PM LAGOS, Nigeria A faulty pipe from an offshore oil field run by Royal Dutch Shell PLC near Nigerias coast spewed crude oil into the ocean for as much as 25 hours as workers loaded a waiting tanker, the company acknowledged Friday. While Shell continues to investigate the [...]
Shell Confirms Source of Nigerian Oil Leak as Cleanup Continues
By Eduard Gismatullin and Elisha Bala-Gbogbo – Dec 23, 2011 9:13 AM GMT Royal Dutch Shell Plc (RDSA), Europes largest oil company, confirmed the source of what could be Nigerias worst offshore spill in more than a decade to a leak in a flexible export line to a tanker. Cleanup operations continued to the leak [...]
Chevron, Conoco Entrapped in Post-BP Crackdown on Oil Slicks
By Joe Carroll, Juan Pablo Spinetto and Edward Klump – Dec 23, 2011 10:15 AM GMT Brazils threatened indictment of Chevron Corp. (CVX) and Transocean Ltd. (RIG) executives after offshore oil leaks shows that regulators from the North Sea to the Indian Ocean are stepping up scrutiny after BP Plcs 2010 disaster. Brazilian authorities have [...]
Chevron, Transocean Face Brazil Indictment Over Oil Leak
December 22, 2011, 11:33 AM EST By Joe Carroll and Juan Pablo Spinetto Dec. 22 (Bloomberg) — Chevron Corp., the operator of the Brazilian offshore well that triggered oil leaks, and rig owner Transocean Ltd. will defend executives threatened with criminal indictments in the South American nation. Chevron learned that Brazils federal police intend to [...]
Rush to clean major Shell oil spill off Nigeria
By Sophie Mongalvy (AFP) 22 December 2011 LAGOS Authorities rushed to prevent one of Nigeria’s worst recent oil spills from reaching the West African nation’s shoreline on Thursday, with production from a major Shell field also shut due to the leak. Shell, which said the leak has been stopped, has estimated that less than [...]
New ConocoPhillips and Shell Arctic Oil Permits Raising Alarms
By Pierre Bertrand | December 22, 2011 2:07 AM GMT Alaskan environmentalists are sounding the alarm bells this week, responding to two major oil industry victories in a state that has been a recurring flash point between environmental groups, legislators and the giants of petroleum exploration. The latest news to stir the seas came Monday, [...]
Supreme Court To Decide If 1789 Law Applies To Shell Today
Daniel Fisher, Forbes Staff 12/20/2011 For nearly 200 years, the Alien Tort Claims Act lay dormant, a one-sentence law passed by the first Congress that gave federal courts jurisdiction to hear any lawsuit brought by an alien for torts committed in violation of the law of nations. Then around 1980 inventive lawyers rediscovered it as [...]
Shell enters shale oil and gas project in Argentina
Shell has agreed to partner with Argentina’s Medanito on a shale oil and natural gas project in southwestern Argentina, with plans to invest at least $200 million over the next five years, a person involved in the deal said Thursday.
Shells Brazil Venture Reaches Accord With BP on Jet-Fuel Assets
By Arnaldo Galvao and Lucia Kassai – Dec 15, 2011 4:38 PM GMT Royal Dutch Shell Plc (RDSA) and Cosan Industria & Comercio SAs joint venture in Brazil has reached a preliminary accord to sell its jet-fuel unit to BP Plc, the nations antitrust regulator said today. The venture, called Raizen, was granted an additional [...]
CNPC Relies on Shell, Exxon Mobil to Develop Chinese Shale Gas
December 08, 2011, 10:58 AM EST By Wael Mahdi Dec. 8 (Bloomberg) — China National Petroleum Corp. will rely on help from Royal Dutch Shell Plc and Exxon Mobil Corp. amongst others to develop its shale gas resources. CNPC is working with Shell on a project in central China to develop shale gas, its president [...]
BP, Shell Plan to Resume Exploration, Boost Production in Libya
December 07, 2011, 8:58 AM EST By Robert Tuttle and Anthony DiPaola Dec. 7 (Bloomberg) — BP Plc and Royal Dutch Shell Plc, Europes biggest oil companies, aim to resume exploration in Libya, whose new government seeks to stabilize relations with foreign companies following the ouster of Muammar Qaddafi. Both companies are evaluating whether to [...]
Big Oil sees energy bonanza ahead
Oil industry executives appearing Tuesday at the World Petroleum Congress in Doha, Qatar. DOHA, Qatar (CNNMoney) — Just three years after fears of an energy supply shortage, executives of the world’s leading oil companies now foresee a bonanza of oil and natural gas on the horizon. In 2008, concern that a rapidly developing world was [...]


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