Shell is in exclusive talks to sell the Stanlow refinery in the UK, as well as the Hamburg and Heide refineries in Germany, to Essar Oil Ltd. ''These are ongoing negotiations and I think I can say I am pleased with the progress,'' Voser said. ''Let us continue to finish those discussions.'' The exclusivity of the negotiations ends Nov. 30, though Voser declined to say whether a deal would be agreed by then.
November, 2009:
Shell a ‘happy’ Woodside shareholder: CEO
Todd loses appeal against Shell and OMV
Todd was apparently trying to extract evidence of collusion between Shell, which has 48% of the Pohokura field, and OMV, which has 26%, the same share as Todd.
Shell Australias New Chief Ann Pickard to Lead Major Spending on LNG
Shell said last month that a quick recovery in energy demand and prices was unlikely and that it would cut 5,000 jobs. Even so, Chadwick said Australia is a growth area for us. The headcount in Perth has more than quadrupled to about 260 people in the past four years, he said. Operating Prelude will have implications we need to staff up for. Shell employs about 2,500 people in Australia, according to its Web site.
Shell’s 30 per cent stake in restless Arrow Enegy
It is one thing to own the right to mine the gas, but it is a different issue to actually get it to the market and, as far as Arrows gas, it would seem Shell is in the ideal position to dictate terms, given it is the logical party to commercialise the project.
November 26, 2009: Peter Voser on Shell Job Cuts
FT: Shell CEO on debt, gas, Iraq, mergers, and more
November 26, 2009 12:01am
The reorganisation moved very fast in 2009, Mr Voser said.
For 15,000 posts, people have had to re-apply for their jobs.
About 50,000 people work in the areas affected by cuts, out of Shells total workforce of 102,000, and in those affected areas 10 per cent of the staff have gone.
Even in the newly-created projects and technology division, which is a centre of expertise for the group to draw on, 1,800 jobs have been cut from a workforce of 10,000 as duplicated roles are abolished.
Woodside Says Its Not for Sale Amid BHP Speculation
BHP, the worlds largest mining company, may be interested in buying Woodside with the approval of 34 percent shareholder Royal Dutch Shell Plc, the Australian Financial Reviews Street Talk column said yesterday.
Shell’s borrowing needs cut with oil at about $80: report
Tue Nov 24, 2009 7:35pm EST
LONDON (Reuters) – Royal Dutch Shell’s (RDSa.L) (RDSa.L) chief executive is forecasting that the oil giant will not need to borrow any more money if oil remains at about $80 a barrel, the financial Times reported in its Wednesday editions.
The comments from Peter Voser, are a sign of how the oil industry has recovered from its lows earlier this year, the FT said.
Oil prices have risen from below $33 a barrel last December, although they are still around 48 percent lower than a record above $147 reached in July 2008. U.S. crude for January delivery is at about $76 a barrel. <O/R>
Shell seeks stake in giant Russian gasfield
Royal Dutch Shell is hopeful that it will gain an equity stake in a giant Russian gas field that could supply all of the worlds needs for a decade. Peter Voser, Shells chief executive, said that talks with the Russian government about the Yamal project in the Siberian Arctic were progressing well.
Shell steps on the gas in Qatar
Shell’s gas-to-liquid project in Qatar
Shell’s chief executive reveals two $18bn gas projects
Despite oil expansion, gas is key to company’s future
Tim Webb
guardian.co.uk, Tuesday 24 November 2009 21.06 GMT
Peter Voser is reeling off Shell’s projects to develop the next generation of biofuels when he gets to its algae scheme in Hawaii. He stops mid-sentence with a doleful look on his face. “I’ve never been to Hawaii,” says Voser, whose whistle-stop tour of Shell’s operations around the world most recently took him to Qatar and Nigeria. “Such are our hardships,” he jokes.
LEAKED SHELL MOTIVA EMAIL 24 NOV 2009: Norco Personnel Announcement
—–Original Message—–
From: Deroche, Liz O MOTIVA-DMM/60
Sent: Tuesday, November 24, 2009 7:18 AM
Subject: Norco Personnel Announcement
Sent on behalf of Mark Hurley, General Manager – Norco Manufacturing Complex
The following Site Leadership Team role changes will go into effect January 1, 2010 and report directly to me:
Hermie Bundick has been selected as Site Production Manager for the Norco Manufacturing Complex.
Joe Gandolfo will be promoted Site Technical Assurance Engineering Manager for the Norco Manufacturing Complex. Joe has held a number of roles in his manufacturing management and manufacturing support leadership, most recently as the Director of Turnarounds – Manufacturing Americas.
Jones Devlin has been selected as Site Technical Assurance and Product Quality Manager for the Norco Manufacturing Complex.
Andre Bonton will be promoted to Site Projects and Turnaround Manager for the Norco Manufacturing Complex.
Lee Cheatham will be promoted to Site Maintenance Manager for the Norco Manufacturing Complex.
I have attached the new SLT organizational chart and we will discuss in more detail at a townhall in December. I would also like to thank the Norco Site Leadership Team for their assistance during this important transition. John Navratil, Tammy Little, Carla Davis-Madgett, and Jeff Brown moves will the subject of future announcements.
Shell: market alone cannot deliver green energy
Royal Dutch Shell CEO Peter Voser says falling carbon price is stifling investment. Photograph: Jim Watson/AFP/Getty Images
Chief executive says falling carbon price stifling investment
Call for government action to support new technology
Tim Webb
guardian.co.uk, Tuesday 24 November 2009 20.56 GMT
Shell’s new chief executive has called on governments to intervene in carbon markets, the first time the Anglo-Dutch oil company has acknowledged that markets cannot be left to set the price of pollution.
Peter Voser told the Guardian that action needed to be taken to make expensive green projects like carbon capture and storage (CCS) economically viable.
Shell CEO Voser says more redundancies next year…
FINANCIAL TIMES
Shell says $80 oil will halt debt spiral
Voser says more redundancies next year… (unspecified number)
By Ed Crooks in London
Published: November 24 2009 20:46
Royal Dutch Shell has signalled that the steep rise in its debts is coming to end, with its chief executive saying the group would not need to borrow any more money if oil remains at about $80 per barrel.
Shell Expects Big Boost From Qatar Gas Projects
However, Shell also said it was delaying the launch of Qatargas 4 by as much as 10 months, from the start of 2010 until the end of the year. Mr. Voser said the timetable had been disrupted by delays at other LNG projects in Qatar involving other big oil companies, such as Exxon Mobil Corp, Total SA and ConocoPhillips.
Shell favours gas over oil for future production strategy
Daily Telegraph
Gas will be at the heart of Royal Dutch Shell’s production strategy ahead of oil as the world attempts to reduce carbon dioxide emissions, according to the energy group’s new chief executive, Peter Voser.
By Rowena Mason
Published: 8:17PM GMT 24 Nov 2009
Delivering an update on Shell’s two flagship gas projects in Qatar, which are costing the group $21bn (£12.6bn), Mr Voser admitted that one a liquiefied natural gas (LNG) plant would overrun by about 10 months.
However, he said construction was on track for Pearl, the other development, to start producing in 2011. It will be the world’s largest gas-to-liquids facility when completed, having spiralled in cost from $5bn to $19bn since 2003.
Shell eyes Gulf of Mexico boost
upstreamonline
Wire reports
Supermajor Shell is planning to expand exploration in the US Gulf of Mexico and Kazakhstan as Europes largest oil company seeks to maintain output.
The company is designing a development plan for its West Boreas discovery in the Gulf of Mexico, which may hold 100 million barrels of resources, said Malcolm Brinded, Shells executive director for international production and exploration.
Plans for a second platform at the deepwater Mars field in the Gulf, which may add 100,000 barrels of oil equivalent per day of output, are also being evaluated, Brinded said in a Bloomberg report.