Shell’s top oil trader defends North Sea Brent activity: Financial Times
Royal Dutch Shell’s top oil trader has launched a staunch defence against accusations that the company’s activity in the North Sea crude market had skewed the benchmark that underpins global oil prices. Shell is alleged to have traded aggressively in the region last year, contributing to heavy losses among rivals…
Shell Throws The Blame To Residents on Slow Cleanup of Oil Spills In Nigeria: The Science Times
EXTRACT: Oil and petroleum giant Shell blamed the Nigerian residents in the Delta community for its slow response in cleaning up the two oil spill incidents in 2008. Amidst almost a decade-long effort, Shell wasn’t able to fully contain the spill. However, there is a possibility that the clean-up might start next month.
This is what’s really behind the America’s sudden oil production boom: CNBC
EXTRACT: Royal Dutch Shell’s (RDSA-GB) Stones field and Noble Energy’s (NBL) Gunflint — began production in the second half of last year. Shell’s Stones is the deepest oil and gas field in the world, drilling from reservoirs about 30,000 feet below sea level, 200 miles southwest of New Orleans.
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