Dec. 18 (Bloomberg) — Petronet LNG Ltd. and Royal Dutch Shell Plc are expanding liquefied natural gas import capacity in India even as the global recession cuts demand and prices of the fuel decline.
Posts Tagged ‘India’
An Ode to Oil
Oil is, after all, a primary source of man-made global warming, while spillages and drilling have sometimes inflicted lethal environmental damage. Despite the sharp falls of recent months, dramatic price rises have also underwritten every postwar global recession, including the current economic malaise.
Renewed push by Royal Dutch Shell into India’s fuel market
The plunge in crude oil prices has prompted a renewed push by Shell and private-sector Indian groups into the country’s retail fuel market.
East to crack the west’s grip on refining
While refineries in Europe and the US in particular suffer from a collapse in fuel demand, and big integrated oil companies such as BP and Royal Dutch Shell sell one facility after another, Asia and the Middle East are emerging as the new centres of the industry.
Sir Bill Gammell gives business a sporting chance
Fuelled by further lucrative discoveries in Rajasthan blocks that Shell had sold to Cairn for just £5m a year earlier, the Edinburgh-based firm was propelled into the FTSE 100 in 2004.
Shell quadruples renewable energy project spending
Shell has spent $1 billion in the past five years on carbon capture, biofuel and solar and wind energy projects to cut emissions of greenhouse gases led by carbon dioxide, Graeme Sweeney, executive vice president for future fuels & CO2, said in Singapore today.
Shell India’s Gas Users Switching to Cheaper Naphtha From LNG
Royal Dutch Shell Plc is selling liquefied natural gas in India at a third more than the price of naphtha, prompting users to switch to the cheaper feedstock, said an official at one of the nation’s biggest fertilizer companies.
Biodiesel breakthrough comes at £13m cost to BP-backed firm
“We are pleased to have demonstrated through the delivery of our first crude vegetable oil the potential of jatropha as a biofuel crop,” said Lord Oxburgh, the former chairman of Shell who is now chairman of D1.
Russia, China and India consider stake in Spanish oil
The national oil companies of Russia, China and India are all running the slide rule over a 5 billion euro stake that has been put up for auction in Repsol, the Spanish oil giant. European majors also known to be taking a look include Royal Dutch Shell, Total of France and Italys Eni.
Cairn Energy bought massive find in India off Shell “for pennies”
Mike Watts, head of exploration, saw the potential in India, buying the field off Royal Dutch Shell for pennies. It is Watts who is staking investors’ futures on Greenland.
Blood in the Street, Danger in the Market
When Russian authorities target a company, there can be dire consequences… Last year, Royal Dutch Shell(RDSB) was strong-armed into ceding control over its Sakhalin oil field to Russian companies
China, India Vie for Russian Oil
Russia’s oil and gas fields have proved treacherous for other foreign investors. When Royal Dutch Shell PLC announced that costs at the Sakhalin-2 project had nearly doubled, Russian environmental regulators bombarded it with complaints until Shell sold a majority stake in the project to a Kremlin-run gas company in 2006.
Oil giants muscle in on Origin deal
Shell and BP have both approached Origin Energy about its coal seam gas assets, a move that could scupper BG Group’s A$13.8bn (£6. 5bn) hostile bid for the Australian energy firm.
Shell Keen’ on Stake in Australian LNG, Partner Says
Royal Dutch Shell Plc, Europe’s biggest oil company, is “keen” to acquire a stake and purchase the output from a coal-seam gas based fuel export project in Australia’s northeast, said Arrow Energy Ltd., a venture partner.
Shell sees no problem in dealing with concerns over coal seam gas
Royal Dutch Shell’s global head of power and gas, Linda Cook yesterday said the super major was still looking for new CSG openings in Australia to add to its recently added stake in Arrow Energy. “We’ve had that (CSG) on our radar for some years,” Ms Cook said during a visit to Australia.


Shell Blog RSS Feed