News and information on Royal Dutch Shell Plc.
Nicosia, April 11 – - In the face of interminable problems that have beset Iranian efforts to develop the South Pars gas field, the National Iranian Oil Company (NIOC) has warned Royal Dutch Shell and Spanish oil firm Repsol to submit their plans of action for the South Pars gas field and the Persian LNG projects within 45 days, otherwise they will be replaced by other qualified companies.
Click to continue reading “Iranian Ultimatum to Shell and Repsol”
Despite an urgent need to replenish reserves, Anglo-Dutch oil giant Royal Dutch Shell PLC and Spanish-Argentine Repsol YPF said they wouldn’t sign a $10 billion contract to enter South Pars, the Iranian side of a giant natural-gas field shared with Qatar. Instead, the two oil giants are considering entering later phases of the project.
Click to continue reading “Oil Majors Say U.S. Restrictions Delay Iran Projects”
Gas to be produced from an Iranian field which Royal Dutch Shell Plc (RDSa.L: Quote,Profile, Research) planned to develop before pulling out under U.S. pressure will likely be retained for domestic use, the oil major said on Tuesday. “It makes gas available which probably Iran may use for domestic use,” Chief Executive Jeroen van der Veer told the Shell annual general meeting on Tuesday.
Click to continue reading “Iran Pars gas likely for home use, not LNG – Shell”
By Stanley Pignal
Published: May 17 2008 03:00 | Last updated: May 17 2008 03:00 & Gas
Royal Dutch Shell pulled out of one of Iran’s biggest gas projects, dealing a blow to Tehran’s attempts to expand its energy exports in the face of US and international sanctions. The Anglo-Dutch group, which paired with Spain’s Repsol for the project, will withdraw from the $10bn-plus development of phase 13 of South Pars, the world’s largest gas field.
Copyright The Financial Times Limited 2008
The U.S. has passed legislation which makes it illegal for non-U.S. companies to invest more than $20 million a year in any projects in Iran. Any companies that break this rule face fines on their U.S. earnings.
Mohammad-Javad Shams, board member of the Pars Oil and Gas Company, was speaking a day after Royal Dutch Shell RDSa.l said it had pulled out of developing another phase of South Pars, after pressure not to participate from U.S. lawmakers.
Click to continue reading “Iran says South Pars phase to come on stream soon”
To maintain its present capacity of about four million barrels of crude oil per day — representing about 5 per cent of daily global output — Iran is pinning its hopes on the development of huge new fields and is in talks with big Western oil companies, including Shell and Total. However, those companies are under mounting political pressure from the United States to withdraw from those negotiations.
Click to continue reading “Iran supply problems add to fears of oil hitting $200 a barrel”
: With all of this money spent on the CEP expansion, it has been built on an old electrical infrastructure. I guess no one is counting how many times you read about a "short" electrical outage at the plant. Tom Purves and the Motiva leadership know exactly why this is happening and how to fix it. They don't want to pay for it. They have been given the project and have turned it down at least twice. Meanwhile, we just keep having outages. Going ot be interesting when both refineries come down in the future.
: LondonLad: the lack of stories concerning Shell should be welcomed, if it implies that Shell are cleaning up their act, perhaps due in part to the efforts of the Donovans.
: US Observer, surely almost all (NOT all)contributors to this website have an axe to grind against Shell, particularly those who have a perception that they have been screwed by Shell in times gone by. As for Itchy Woman, she clearly has a femanistic / burn-the-bra approach to work in Shell. AND I would like to add that once again an old old article (from someone who has an axe to grind against Shell) has to be republished due to lack of news against Shell (I refer to Briggs 2009 article). COMMENT BY JOHN D. Would it not be fairer to say that everyone posting on this blog, including you, has an axe to grind. It is easy enough to look back over your contributions and reach a conclusion.
: It is easy to figure out who Witchy Woman is (LC). She has an "ax to grind" and is using this forum
: @uscitizen Voser is a competent and amicable chap. You claim Shell has delivered on its deliverables. Let me tell you everyone delivers on their deliverable.... But joking apart, look at the promises over the years and how well Shell has delivered on these promises. Their trackrecord is not very good over the last 15 years or so. They are a good money making machine. And sofar they have delivered on their constant or increasing dividend payments. Sometimes by increasing their debt but they have done it. A nice high oilprice has helped, don't you agree?? So my only observation was that his 'promise' to extend North Sea fields is quite opposite their activities in this area. And they have promised this before and done the opposite. It was a nice promise to build a new and expensive office in Aberdeen, more jobs for the UK and more activity and extending of production. Just check back what they have done. And predicting future productionlevels by Shell in general and Brinded in particular is nothing but a sick joke.
: To - an observer of Shell Shell has been delivering on its deliverables - why would you paint Voser as some one who is not??
: This was not a personal attack now was it Witchy one?? #133 Witchy woman on May 8th, 2011 at 1:42 pm Marvin Odum who probably has the worst safety record in Shell goes for a diversity vote and someone who has no safety experience to replace the VP of safety he just fired. Clear message where his priorities lie.
: Witchy Woman - you blase me for personal attacks???? That is so rich! I am defending people that are attacked if you had not noticed - and yes I do slam the folks who are throwing garbage out! Live with it!! Enjoy your retirement! Shell has a good retirement package in the US dont they??
: I feel the value of your posts is also minimal, just a complainer. PS - here is where you bash Denise - remember - or do we need to question your integrity the way folks question Shell leaders?? Witchy woman on Dec 7th, 2011 at 12:35 pm In GOM we thought that hurricane season was done. Why is Hurricane Denise causing so much damage then? Like all Hurricanes though they move on the professionals are left to pick up the pieces.
: According to the Independent article posted today the boss of Shell is telling us all not to get too emotional about fracking. Has he not seen the confirmation that fracking causes earthquakes? You have cited the Reuters article. There are others including coverage of a fracking earthquake in Blackpool England. I have to conclude that Voser is a fracking idiot.
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