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Posts Tagged ‘Fox Business News’

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 […]

Shell Warns of Environmental Cost of Oil Theft in Niger Delta

Published April 11, 2013 by Dow Jones Newswires Rising incidences of oil theft in Nigeria’s oil producing Niger Delta come at a significant environmental cost, Royal Dutch Shell PLC (RDSB) said Thursday. In its sustainability report, the Anglo-Dutch oil major said its Nigerian unit, Shell Petroleum Development Company, or SPDC, experienced 137 spills as a […]

Shell Says Energy Efficiency in Oil, Gas Production a Challenge

By Sarah Kent: Published April 11, 2013 by Dow Jones Newswires Royal Dutch Shell PLC (RDSB) said Thursday that maintaining energy efficiency in its oil and gas production will prove a challenge in coming years. “We expect that maintaining the energy efficiency levels of recent years will be more difficult in the future as existing […]

Gazprom and Shell Agree Partnership in Arctic

Published April 09, 2013 by Dow Jones Newswires Russia’s natural gas monopoly OAO Gazprom (GAZP.RS) and the Netherlands’ Royal Dutch Shell PLC (RDSB.LN) have agreed to jointly explore and produce offshore hydrocarbon resources in the Russian Arctic, Gazprom said in a statement released late Monday. The agreements cover the exploration and development of hydrocarbons in […]

Shell, BASF Agree to Settle Brazil Contamination Case for $187 Million -Court

The Brazilian units of Royal Dutch Shell PLC and Germany’s BASF agreed to pay 370.8 million Brazilian reais ($187 million) to settle a lawsuit over suspected contamination at a now-shuttered pesticide plant, Brazil’s Supreme Labor Court said Monday. By Jeff Fick: Dow Jones Newswires: Published April 08, 2013 The Brazilian units of Royal Dutch Shell […]

Shell Executive Managing Arctic Alaska Oil Program to Leave Company

By Dow Jones Business News,  March 22, 2013, 03:14:00 PM EDT By Selina Williams LONDON–A Royal Dutch Shell PLC (RDSA, RDSA.LN) executive tasked with managing a controversial multi-billion-dollar oil exploration program in the U.S. Arctic Ocean that failed to complete any wells in last year’s short drilling season is to leave the company by “mutual […]

Shell To Face Challenges Replacing Damaged Arctic Rigs

Royal Dutch Shell PLC’s plans to send its two offshore drilling rigs to Asia for extensive repairs will likely mean the cancellation of its second summer of drilling in the U.S. Arctic Ocean, unless it can find replacements fit to do the work – something that may prove to be a challenge. By Tom Fowler […]

Shell oil spillage in Niger Delta up 70 percent in 2012

Shell Spilled 26,000 Barrels Oil In 2012, Up 70% On Year -SPDC Published January 24, 2013: Dow Jones Newswires Shell spilled about 26,000 barrels of oil in the Niger Delta in 2012, up 70% from the previous year, according to data released this month from Shell Petroleum Development Company (SPDC) of Nigeria. Last year’s 198 […]

Motiva Reports Compressor Shutdown at Port Arthur, Texas, Refinery – Filing

Published December 31, 2012 by Dow Jones Newswires Motiva Enterprises LLC reported that a wet gas compressor at its Port Arthur, Texas, refinery experienced an emergency shutdown Saturday, according to a filing with the Texas Commission on Environmental Quality. The company reported that charge rates were reduced to help stabilize operations for the restart of […]

Shell to Invest $1 Billion Annually in China Gas Projects

Published November 20, 2012 by Dow Jones Newswires Royal Dutch Shell PLC (RDSB) will invest around $1 billion annually in its upstream business in China to tap into the country’s surging natural gas demand, state-run newspaper China Daily reported Wednesday, citing the oil and gas giant’s chief executive officer.”There’s huge potential to come in terms […]

Shell Unit Sells Interest in Nigerian Oil Mining Lease for $567

“Shell are a bunch of cowards to walk away from 35,000 bopd. It would be better to optimise the fields and squeeze more out”: “Thank you Donovans for your site, it reminds me how good we were and how deep Shell has sunk.” Dow Jones Newswires:Published November 09, 2012 Royal Dutch Shell PLC (RDSA.LN) Friday […]

Shell to Set Up Global Technology Hub in Bangalore

By Rakesh Sharma: Published November 08, 2012: Dow Jones Newswires read more