Spokespersons for Shell New Zealand and Todd Energy have declined to comment on a non-payment dispute showing up in a report to the Companies Office. 3 August 2012 The joint owners of some of New Zealand’s largest oil and gas fields, Shell New Zealand and Todd Energy, are in dispute over non-payment for services provided [...]
Posts Tagged ‘New Zealand’
February 28, 2012|By Chris Klint | Channel 2 News ANCHORAGE, Alaska Shell Oil is requesting a temporary restraining order against Greenpeace to protect its planned offshore drilling operations in the Beaufort and Chukchi seas, after protesters with the environmental group delayed the departure of a crucial drillship from a New Zealand port Thursday. According [...]
Business.Scoop Edited by JONATHAN UNDERHILL & PATRICK SMELLIE Auckland, Monday 17th October, 2011. This morning Greenpeace activists held a legal protest outside Port Taranaki against a ship that is due to depart imminently to start exploring for deep sea oil the new frontier of oil development off New Zealands shores. There was a heavy [...]
Multinational Shell “colluded” with Austrian oil company OMV by restricting the gas and oil they allowed to be produced from the Pohokura gas field in competition with gas from the Maui field, in which Shell holds a major stake, the Todd family claimed on Monday.
WELLINGTON (Dow Jones)–Shell New Zealand Ltd., a unit of Royal Dutch Shell Group (RD), has appointed UBS AG to help it sell the bulk of its downstream assets in the country, a spokeswoman said Tuesday.
May 12 (Bloomberg) — Royal Dutch Shell Plc., Europes biggest oil company, is seeking expressions of interest for most of its New Zealand downstream operations including fuel retailing and its stake in the nations only refinery.
Shell’s Fuel Economy Formula, a fuel additive it claims gives better economy than untreated fuel, went on sale in 2006. Its advertising campaign said it was “designed to take you further”. But after a 2 -year investigation, the commission has decided to charge Shell with breaches of the Fair Trading Act. It says the advertisements were misleading.
Rocketing profits reported this week by oil giants Royal Dutch Shell and BP have been met with anger and incredulity around the globe.
The Commerce Commission has cleared Shell NZ to acquire 48 unattended aviation fuel stops at 34 local and regional airfields from Mobil Oil NZ.
Multinational Shell has emerged victorious from New Zealand’s longest-running insider trading case, but still faces legal bills in excess of $10 million and the prospect of appeal.
New Zealand’s oil and condensate reserves jumped 53 percent last year, buoyed by the development of the nation’s offshore Tui oil field and completion of Royal Dutch Shell Plc’s Pohokura project.
Lawyers arguing claims brought by former Southern Petroleum investors against oil giant Shell in New Zealand’s longest-running insider trading case say it could be Christmas before a decision is reached.
Thus the plaintiffs in the just-completed case were Rosemary Haylock, a Southern Petroleum shareholder, Stuart Cairns and Hugh Green and the defendants Jim Patek and Shell Exploration. Shell is responsible for all the plaintiffs’ and defendants’ costs.
Shell Oil’s flagship $1.5 million Hawera fuel station is being ripped apart and rebuilt, less than five months after the official opening in January.
NEW PLYMOUTH, NEW ZEALAND: Shell expects to bring three more subsea wells on stream over the next few weeks at the Pohokura gas field off the Taranaki coast.