Sibir's shares reached a peak of 830p last summer, giving it a market value of £2.5bn ($3.6bn), and it was contemplating a move to the main market, while there was speculation that Royal Dutch Shell, its partner in the Salym fields, would bid for the group.
February, 2009:
Sibir investigates property dealings
Co-op to help fund oil sands legal fight
The UK's Co-op banking and investment group is paying £50,000 ($71,000) to fund a legal action in Canada that could block the development of the country's oil sands by companies such as Royal Dutch Shell and BP.
Salazar to rewrite Bushs oil-shale plan
Exxon Mobil Corp., Chevron Corp. and Royal Dutch Shell Plc are among companies working on technology to extract the oil by heating the rocks.
Arrow on target with strong first-half performance
The companys strong performance was underpinned by its transaction with Royal Dutch Shell which saw the oil giant pay $319 million during December 2008 as part payment for a 30 percent share of Arrows interests in all of its Australian upstream tenements.
Congress hears pleas from oil giants on offshore leases
WASHINGTON Top executives from some of the nations biggest oil companies on Wednesday pleaded with Congress to expand ?offshore drilling to help wean the U.S. off foreign energy sources and spur new jobs.
Shell Oil chief complains of ‘clumsy’ government
WASHINGTON - Shell Oil Co.'s chief executive for North America, Marvin Odum, complained Wednesday that regulatory red tape has slowed the company's $2 billion investment in offshore leases in Alaska.
Indigenous people in legal challenge against oil firms over tar sand project
Canada's Beaver Lake Cree Nation group say their traditional way of life is being devastated by the rush to extract oil from vast tar sand fields
Shell bans employee access to Internet porn, gambling and nudity
The fact that your informant feels he should have unlimited access to pornography through Shell computers (presumably while at the office) says as much about him, as it does about you for supporting him.
Jordan Signs Oil Shale Deal with Shell
The Jordanian government has finalized negotiations with the European oil and energy giant Royal Dutch Shell over an agreement for the extractions of oil from oil shale, following the signing in December of an initial agreement between the company and the Natural Resource Authority, the Jordanian newspaper Jordan Times reported.
HEATED EMAIL CORRESPONDENCE WITH RICHARD WISEMAN, CHIEF ETHICS AND COMPLIANCE OFFICER, ROYAL DUTCH SHELL PLC: 23/25 February 2009
As usual I will ignore the gratuitous, libellous and insulting language you use about me.
Nigeria, Shell Plan $1.6 Billion Gas Project In Volatile Delta Hit by Production Halts
The agreement came even as Shell disclosed that it lost 1.6 million metric tons of liquefied natural gas since November because of "shut-ins," or halts in production, caused by theft and sabotage, costing the government $180 million a month, a Shell official said Tuesday.
Shell warns Nigeria over oil and gas reforms
Ann Pickard, head of Shell in Africa, voiced concerns expressed privately by other oil groups at a conference with senior Nigerian officials in Abuja, the capital.
Supreme Court considers who gets the tab for toxic cleanups
Manufacturers of hazardous substances should not be liable for contamination that occurs after a product is sold, attorneys for Shell Oil Co. told the Supreme Court today in a case addressing two critical liability issues for toxic-waste cleanups.
Shell Bemoans Uncertainty on Rights
Foreign investors want more confidence about access to Russia's energy riches before helping the country tap its far-flung fields, said Malcolm Brinded, a senior executive at Europe's largest oil company, Royal Dutch Shell.
Takeover hints at deals to come
No surprise, then, that the same names keep showing up: ExxonMobil, BP, Total, Chevron, Royal Dutch Shell. But that list should also include the national oil companies and the sovereign wealth funds from Asia and the Middle East.
Kazakh oil telling for industry’s future
Campbell Keir, director of Royal Dutch Shell in Kazakhstan, says the offshore Kashagan field is one of the most technically challenging fields in the industry, which may be the future of the energy sector.