Shell has been floating a 650,000-barrel cargo of Australian Northwest Shelf condensate off Singapore for about a week, likely due to maintenance of some units at its refinery on the island-state, shipbrokers and traders said on Monday.
June, 2008:
Shell floats NW Shelf condensate cargo off Singapore
Militants Attack Shell’s Houseboat, Kill 2
SUSPECTED militants yesterday attacked a houseboat owned by Shell in Oloma area of Rivers State, killing two security operatives.
Shell Chemicals seeks partners for new $500 million Singapore facility – report
Shell Chemicals, the petrochemicals unit of Royal Dutch Shell, is seeking potential partners for a $500 million styrene monomer/propylene oxide (SMPO) manufacturing facility it plans to build in Singapore...
Oil Rises for a Third Day on Dollar Declines, Output Disruption
June 30 (Bloomberg) -- Crude oil rose for a third day, trading near a record $142.99 a barrel in New York, as the slumping dollar and concern that supply may be disrupted spurred demand for commodities.
Exxon, BP, Shell Investors Lose in Best Year for Oil Prices
Exxon Mobil Plc, Royal Dutch Shell Plc and BP Plcinvestors are losing money in the best year for oil prices as they cede control of production to state-owned energy companies.
Lead scientist at Shell speaks on global warming
Chief Technology Officer Jan van der Eijk told a reporter from Earthsky whose science podcasts are heard on broadcast outlets around the world that the increase in energy demand and also the need to use all kinds of sources of energy will lead to an increase in C02 emissions, and we all know that the C02 emissions are related to global warming. Thats a major concern and also something that calls for aggressive action.
Inflated fears of a 1970s comeback
The trigger for the concern was the Shell tanker drivers winning a 14% pay rise....
ISN Security Watch: Niger Delta: Nowhere to hide
Royal Dutch Shell's Bonga field, the biggest deep offshore field in Africa and holding more than 1 billion barrels of crude reserves, thus became a showpiece of success in the Gulf of Guinea. Other oil majors such as Chevron Corp, Exxon Mobil Corp and Total also followed with huge offshore oil discoveries that helped make the waters offshore Nigeria a leading global oil exploration hotspot.
However, the aura of invincibility that surrounded the deep-water oilfields in Nigeria is no more. It was shattered on 19 June when the main guerrilla group in the oil region, the Movement for the Emancipation of the Niger Delta (MEND), launched an overnight raid on the Bonga oilfield's floating, storage, production and offloading vessel, forcing it to shut down.
Higher oil could lead to a worldwide economic collapse, says top analyst at Germany’s largest bank
Russia Could be Trigger for $200 Oil and Global Recession
SEC proposes new rules for oil reserves
In August 2004, the SEC fined Royal Dutch/Shell Group $120 million one of the largest penalties against a company in an accounting case in connection with the overstatement of oil and gas reserves. The Anglo-Dutch oil giants disclosure that year of reserve inflation stunned shareholders and the oil industry, and led to the dismissal of several top executives.
Senior Tory in Zimbabwe share row
Mr Grieve owns at least £240,000 worth of shares in companies operating in the southern African country such as Shell, mining firms Rio Tinto and Anglo American and the Standard Chartered bank. Mr Cameron, speaking last week, warned that businesses and individuals "must not make investments that prop up the regime".
Shell complicit in propping up Mugabe’s despotic regime in Zimbabwe
Anthony Steen said he did not know that Unilever or Shell was involved in Zimbabwe.
Blood money: the MPs cashing in on Zimbabwe’s misery
Mr Cameron has called on all companies and individuals with "any dealings" in Zimbabwe to examine their consciences and ensure that they are not keeping Mr Mugabe in power.
The companies include Anglo American, the mining giant rebuked last week for pushing ahead with a new £200m platinum mine in Zimbabwe, Rio Tinto, Standard Chartered, Barclays, Shell and BP. Between them, Shell and BP control 40 per cent of Zimbabwe's petrol market, distributing fuel to more than 200 sites around the country through BP/Shell Marketing Services Ltd
Iraq invites oil investment but the majors stay away
The oil ministry is expected within days to award six two-year service contracts to develop six giant fields to Shell, BP, ExxonMobil and Total.
Double boon for oil nations from the soaring price of crude
The US Congress... is on the point of introducing measures to limit speculation in oil futures...
Nigeria: Attack On Bonga – MEND Reveals How Its Men Carried Out Raid
So far, the federal government has reacted by sending more troops to the Niger Delta. Shell has also resumed operations at the said station but under the watchful eyes of two naval frigates as guards.