James Kimer on January 4, 2012. As the second largest energy company in the world after Exxon-Mobil, Royal Dutch Shell has been a major player in Nigerian oil and gas from the beginning, overseeing the first commercial export of oil from the country in 1958 from the Oloibiri Field. Their success over the years has [...]
Posts Tagged ‘Total’
Huge slick from Shell’s 1.68 million gallon Atlantic Ocean oil spill
By Associated Press, Updated: Friday, December 23, 4:20 PM LAGOS, Nigeria A faulty pipe from an offshore oil field run by Royal Dutch Shell PLC near Nigerias coast spewed crude oil into the ocean for as much as 25 hours as workers loaded a waiting tanker, the company acknowledged Friday. While Shell continues to investigate the [...]
Shell enters shale oil and gas project in Argentina
Shell has agreed to partner with Argentina’s Medanito on a shale oil and natural gas project in southwestern Argentina, with plans to invest at least $200 million over the next five years, a person involved in the deal said Thursday.
BP, Shell Plan to Resume Exploration, Boost Production in Libya
December 07, 2011, 8:58 AM EST By Robert Tuttle and Anthony DiPaola Dec. 7 (Bloomberg) — BP Plc and Royal Dutch Shell Plc, Europes biggest oil companies, aim to resume exploration in Libya, whose new government seeks to stabilize relations with foreign companies following the ouster of Muammar Qaddafi. Both companies are evaluating whether to [...]
Shell accused of lowballing environmental impact of oilsands expansion
By: The Canadian Press 12/5/2011 12:41 PM A haul truck carryong a full load drives away from a mining shovel at the Shell Albian Sands oilsands mine near Fort McMurray, Alta., Wednesday, July 9, 2008. THE CANADIAN PRESS/Jeff McIntosh EDMONTON – Newly filed documents say Shell Canada’s environmental study of its proposed oilsands expansion should [...]
Shell Rakes in $488m from Sale of 2 Oil Blocks
02 December 2011 Managing Director of SPDC, Mr. Mutiu Sunmonu By Ejiofor Alike Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has officially confirmed that it earned $488million from the assignment of its 30per cent interest in two Oil Mining Leases (OMLs) 26 and 42 and [...]
Shell Sells Oil Stakes in Nigeria
DECEMBER 1, 2011 By ALEXIS FLYNN LONDONNigerian firms have bought onshore oil licenses from a group of European oil giants, including Royal Dutch Shell PLC, as the company continues to trim its assets in the country that are less integral to its strategic growth. The Nigerian firms, some acting as a consortium and another backed [...]
Biggest Oil Find in Decades Becomes $39 Billion Cautionary Tale
After 11 years and $39 billion of investment, Exxon Mobil Corp., Royal Dutch Shell Plc (RDSA) and their partners have yet to sell a drop of oil from what was touted as the worlds biggest discovery in four decades.
Overuse and waste of invaluable water resources within the oil and gas sector
EXTRACTS FROM THE RepRisk WATER SCARCITY REPORT RepRisk is the leading provider of dynamic business intelligence on environmental social and governance risks. In 2010, access to clean water received recognition as a basic human right through a majority vote of the United Nations General Assembly. According to the UN, nearly 900 million people have no [...]
Syria stops payments to Shell and Total
FINANCIAL TIMES November 10, 2011 By Javier Blas and Sylvia Pfeifer in London and Abigail Fielding-Smith in Beirut Syria has stopped paying for oil produced within the country by Royal Dutch Shell and Total, highlighting the economic tensions affecting Bashar al-Assads regime after months of pro-democracy protests. Their continued domestic oil production in Syria is [...]
Shell, Total cut Syrian oil output amid sanctions
LONDON, Nov 10 (Reuters) – Oil majors Royal Dutch Shell and Total have slashed Syrian oil production as international sanctions make exports impossible, industry sources told Reuters.
Shell Is Very Interested in Renewing Abu Dhabi Oil Rights
By Anthony DiPaola – Oct 31, 2011 2:47 PM GMT Royal Dutch Shell Plc (RDSA) is very interested in renewing its right to pump oil in a venture with Abu Dhabis state-run crude producer after its concession there expires in 2014, an executive with the Anglo-Dutch company said. Shell wants to develop natural-gas resources in [...]
Kashagan Expansion May Finish Earlier, KazMunaiGaz CEO Says
October 26, 2011, 7:24 PM EDT By Nariman Gizitdinov and Hellmuth Tromm Oct. 27 (Bloomberg) — Royal Dutch Shell Plc and other partners in the Kashagan venture may complete expansion as early as 2017, allowing Kazakhstan to reach its goal of becoming one of the worlds biggest oil exporters faster. If the partners will choose [...]
EU Bans Syria Oil As Marchers Shot
Royal Dutch Shell: 32% stake in Al-Furat Petroleum. SEPTEMBER 3, 2011 By FARNAZ FASSIHI BEIRUTThe European Union banned all import of Syrian crude oil on Friday to protest Damascus’s violent suppression of demonstrators, but the standoff between protesters and President Bashar al-Assad’s government showed no signs of subsiding. Security forces shot at least 14 marchers [...]
Shell wont stop oil production in Syria unless EU mandates a boycott
By Associated Press, Updated: Tuesday, August 30, 5:00 PM AMSTERDAM Royal Dutch Shell PLC will not stop producing oil in Syria unless it is directed to do so by the European Union, media in the Netherlands report. National broadcaster NOS news cites Dick Benschop, head of the companys Dutch arm, as saying Shell thinks halting its [...]


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