A law passed by the legislature in 2007 (Protecting Florida’s Investment Act, PFIA) required the state pension fund to sell off any assets in companies that do business with countries on the US list of state sponsors of terrorism – principally Iran and Sudan. So far the state pension fund has sold more than $1.15 billion in probited companies. Among the divestments were several major oil and gas companies, including Brazil’s Petrobras ($206 million), Total of France ($214 million) and Royal Dutch Shell ($215 million).
Posts Tagged ‘Royal Dutch Shell’
Turkey’s private gas importers hit by Russian cut
ISTANBUL, Jan 16 (Reuters) – Gas imports by the Turkish units of Gazprom and Royal Dutch Shell , the only two non-state importers, were halted when Russian gas stopped flowing last week, company officials said on Friday.
EMBARGO – Quietly, Chávez opens the door to Western oil firms
…faced with the plunge in oil prices and a decline in domestic production, senior officials here have quietly begun soliciting some of the largest Western oil companies in recent weeks, including Chevron, Royal Dutch Shell and Total, in the hope of getting them to invest in Venezuela again.
Shell’s India arm buys LNG from Australia project
NEW DELHI, Jan 7 (Reuters) – The Indian arm of Royal Dutch Shell has bought 80 million cubic metres of liquified natural gas from Australia’s Northwest Shelf project at $9.06 per mmbtu, an industry source told reporters on Wednesday.
Royal Dutch Shell and the Nazi (updated with report of 4 day meeting between Deterding and Hitler)
LONDON, Oct. 25.-It is reported confidentially from Berlin that the object of Sir Henry Deterding’s recent visit to Chancellor Hitler at Berchtesgaden, where he stayed for four days, was to discuss the conditions for granting a monopoly to the Royal Dutch and Shell Companies of petrol distribution in Germany for a long period of years.
The Dislocated Americans
In the early 1990s, an in-house study conducted by Royal Dutch Shell found that an increasing number of two-career families were turning down overseas assignments. In the past, a cadre of highly mobile employees would go anywhere at any time they were told, said Simon Armstrong, who until recently was manager of Global Outpost Services, a support network for Shell employees and their families that was created in response to the study.
Nigeria LNG declares force majeure on Shell shut-down
LAGOS, Nov 27 (Reuters) – Nigeria Liquefied Natural Gas Ltd (NLNG), supplier of around 10 percent of the world’s LNG, declared force majeure on Thursday after Royal Dutch Shell was forced to shut down one of its feeder plants.
Gazprom: Exxon, Conoco could join Yamal LNG
In the summer Gazprom said it saw Royal Dutch Shell as one of its potential partners in LNG projects in the gas-rich Arctic Yamal peninsula.
Asians fail to join class action claims
According to Goal, almost $12bn in settlements, to which shareholders were entitled, was not reclaimed through class actions from 2000 to 2007. The list includes settlements against Enron, Worldcom, Parmalat and Royal Dutch Shell.
Motiva Enterprises LLC
Motiva Enterprises (Motiva) is a joint venture between Shell (now known as Royal Dutch Shell) and Saudi Aramco. It refines, distributes, and markets oil products in eastern and southern US. The company operates in the US. It is headquartered in Houston, Texas. Motiva is a privately held company and does not publish its financial results.
Analysis: Shell-Iraq gas deal a monopoly
A secret agreement obtained by United Press International reveals a planned joint venture company between Royal Dutch Shell and the Iraqi Oil Ministry would give the company a 25-year monopoly on the gas industry of southern Iraq.
The dawn of a disturbing new reality
Royal Dutch Shell has dropped its proposed investment in plans to build the world’s biggest offshore wind farm, the London Array, to concentrate on less risky US onshore wind power.
Supermajors must up their game or eventually face extinction
The supermajors are now going to have to up their game to avoid being relegated to lower-value service providers – or eventually face extinction.
Details of the final Kashagan agreement
Kazakhstan and a consortium of Western oil companies developing the Kashagan oilfield signed the final agreement on the future of the project on Friday after more than a year of tense negotiations.
Oil Earnings Likely to Slip as Prices Fall
The major integrated oil companies report third-quarter earnings this week, with BP on Tuesday,Exxon Mobil and Royal Dutch Shell Thursday and Chevron Friday. Together, they are expected to report more than $35 billion in net income for the period…


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