If you worked for Shell in the 1990s or early 2000s, and have any information to share on Todd Staheli and his career – in Brazil, Ukraine, London, Saudi Arabia, Houston and elsewhere – please contact me at [email protected]. I will treat your messages in the strictest confidence.

The murder of Todd Staheli in Brazil in 2003 – an appeal from a true-crime author

By Nick Foster

In late July 2003, Todd Staheli, (39), a high-flying oil executive from Salt Lake City, Utah, took up a posting with Shell Oil in Rio de Janeiro, Brazil. Todd had previously worked for Shell in Ukraine and Saudi Arabia, having made a name for himself for being the go-to man when problems appeared in Shell’s overseas joint ventures (JVs). In Brazil, Todd’s JV partner was the Brazilian oil giant Petrobras, majority-owned by the Brazilian state. Shell and Petrobras were building a gas pipeline, known as Transredes, from Bolivia to southern Brazil. read more

OILPRICE.COM

Shell’s Brazil Wells Come Up Dry

By Irina Slav – May 17, 2022, 8:30 AM CDT

Three exploration wells that Shell has drilled in Brazil in hopes of making the next big discovery have come up dry, Bloomberg has reported, citing an analyst with Wood Mackenzie.

This latest turn of events adds to bad news for Brazil and supermajors’ plans to turn it into the next hot spot in oil.

Shell and several partners paid $1 billion for drilling rights for three offshore blocks in Brazil and spent three years drilling exploratory wells. None of them turned up commercially viable volumes of oil, Marcelo de Assis, chief of Latin America upstream research at Wood Mackenzie, told Bloomberg. read more

One of Shell’s Amazon carbon offsets projects raises serious human rights concerns

Indigenous peoples claim and reportedly live in different parts of the Cordillera Azul National Park

David Hill Dec 15

The last six months or so have been uncharacteristically bruising for oil and gas company Royal Dutch Shell, at least as far as its public profile is concerned. Not only did a court in The Netherlands rule in May that it must cut its global carbon emissions by 45% by the end of 2030 compared with 2019 levels, but then in August the Dutch advertising watchdog concluded that the company should abandon its campaign promoting “carbon neutral” driving. In late October the UK’s Channel 4 broadcast “Joe Lycett vs the Oil Giant”, which included the British comedian impersonating Shell’s CEO Ben van Beurden and defecating out of his mouth, and then the very next day journalists from SourceMaterial, Greenpeace’s Unearthed team and Bloomberg published investigations into the “Drive Carbon Neutral” campaign. read more

Shell, Petrobras units probed for Brazil price-fixing

RIO DE JANEIRO (Reuters) – Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday…

Shell to make final investment call on Nigeria oilfield in 2019: official read more

HOUSTON, Oct. 10, 2017/PRNewswire/ — Shell Gas BV, Shell Brazil Holding BV and Integral Investments BV (“Shell”) today announce they have signed an agreement with Cosan Ltd. to execute an existing Put Option Agreement, which allows Shell to sell all of its 16.8% interest in Companhia de Gas de São Paulo (“Comgás”) to Cosan Ltd. Under the agreement, Shell will exchange its ~21.8 million common shares in Comgás for Cosan S.A. Indústria e Comércio (“Cosan SA”) shares plus cash. read more

RIO DE JANEIRO, Sept 15 (Reuters) – Brazil’s Raízen, the world’s largest sugar producer, is trying to cut production costs to remain profitable amid depressed international prices, Chief Executive Luis Henrique Guimarães said on Friday.

Raízen, a 50-50 joint venture between Cosan SA Indústria e Comércio and Royal Dutch Shell Plc, plans to crush up to 63 million tonnes of cane in the current crop season, more than 10 percent of total Brazilian cane output.

(Reporting by Rodrigo Viga Gaier; Writing by Marcelo Teixeira; Editing by Paul Simao) read more

The Brazilian Petrobras Scandal: The Brazilian oil giant Petrobras is the largest company in the Southern Hemisphere. On November 14, 2014, a series of police raids netted politicians and Petrobras bigwigs who had paid $2 billion in bribes… Now we have news that Petrobras is linking up with Royal Dutch Shell, which is currently mired in a billion dollar scandal: OPL 245…

Shell and Petrobras sign technical cooperation agreement to strengthen deep water partnership

Posting on Shell Blog by Bogus Group

Shell MoU with Petrobras and their partnership to share experience on cost efficiency and use of technology.

Déjà vu springs to mind (Daily Telegraph 01 March 2012) on BG Group finance of $1.8bn from Brazilian Development Bank to fund interests offshore Brazil (was this the same interests that Chapman demanded his cohorts in Brazil disclose over estimated reserves?).

Daily Telegraph 14 May 2013 also noted Chris Finlayson rhetoric to “keep up the pace with huge discoveries” and focusing on “value over volume”, leaving the company “lean and agile”. read more

HOUSTON, Mar 14, 2016 (PR Newswire Europe via COMTEX) — Third phase of major deep-water project delivered, optimizing production capacity

HOUSTON, March 14, 2016 /PRNewswire/ — Shell and its joint venture announce the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil’s Campos Basin. Production for this final phase of the project is expected to add up to 20,000 barrels of oil equivalent per day (boe/d), at peak production, from fields that have already produced more than 100-million barrels since 2009. read more

By: Micheal Kaufman: Oct 22, 2015

Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) and BG Group plc.’s (ADR) (OTCMKTS:BRGYY) merger is faced with another setback, as the Australian antitrust regulator, Australian Competition and Consumer Commission (ACCC) now expects to make a decision by November 19. The commission announced on October 22, that the additional time will allow a more detailed review of the proposed acquisition.

The ACCC, earlier in September, had indicated that it will disclose its decision on the merger after two months. However, the regulatory authority has now decided to delay it by another two weeks. The delay in September had come amid ACCC’s concerns of Shell and BG’s overlapping businesses in Eastern Australia, which may limit competition. read more

By Inyoung Hwang: BLOOMBERG.COM 22 Sept 2015

A fresh drop in in oil prices and political instability in Brazil is making investors miss out on about $5.5 billion in Royal Dutch Shell Plc’s pending takeover of BG Group Plc.

BG closed on Monday at 990.4 pence, about 9.5 percent below Shell’s cash-and-stock offer. The difference in share prices in the deal — the largest in the energy sector in at least a decade — is wider than the average for other global acquisitions bigger than $10 billion, data compiled by Bloomberg show. read more

Friday, 7 August 2015

Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70bn (£45.11bn) deal.

Despite a broad drive to cut spending in the face of persistently low oil prices, chief executive Ben Van Beurden remains steadfast in his plans to buy BG, which will transform Shell into the world’s biggest liquefied natural gas (LNG) supplier. read more

THE HAGUE, July 24, 2015 /PRNewswire/ —

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Royal Dutch Shell plc (“Shell”) (NYSE: RDS.A) (NYSE: RDS.B) today announced that its recommended combination with BG Group plc (“BG”) has received unconditional merger clearance from the Brazilian competition authority (CADE), satisfying the first of the pre-conditions to the combination. Other pre-conditions include merger clearances in Australia, China and Europe. read more

As Royal Dutch Shell seeks to finalise its £55bn takeover of smaller UK-based rival BG Group, it will be closely watching the situation at Petrobras, Brazil’s state-controlled oil company that is engulfed in scandal.

FULL ARTICLE WITH WORKING LINKS

By Mario Sergio Lima and Rachel Gamarski published by Bloomberg.com 23 April 2015

Royal Dutch Shell Plc, poised to become Brazil’s biggest oil producer after Petroleo Brasileiro SA, said the state-run driller will emerge strengthened from a corruption scandal and the industry’s biggest debt load.

Speaking to reporters in Brasilia after meeting with President Dilma Rousseff, Chief Executive Officer Ben Van Beurden said Brazil probably will account for 20 percent of Shell’s output by the end of the decade after its planned $70 billion purchase of BG Group Plc. The Hague-based company would consider further growth opportunities in the country if they arise, he said. read more

Shell’s Brazil strategy factors in Petrobras scandal -CEO

Thu Apr 23, 2015 7:04pm BST

(Reuters) – Royal Dutch Shell Plc has taken into account the risks presented by the Petrobras graft scandal to its expanding operations in Brazil and is confident the Brazilian state-run oil company will emerge stronger, Shell’s CEO said on Thursday.

Chief Executive Ben van Beurden said oil production from Brazil’s offshore subsalt region will remain profitable, and predicted that oil prices will rise from the low levels of the past six months.

Van Beurden briefed Brazilian President Dilma Rousseff for 1-1/2 hours on Thursday on his company’s operations in Brazil, where Shell is set to become the second-largest oil producer following its April 8 agreement to purchase rival BG Group. read more