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Posts Tagged ‘Dow Jones Newswires’

Shell Chairman: Floating LNG Is A Game Changer For Offshore Gas

By James Herron

Published October 18, 2011| Dow Jones Newswires

PARIS -(Dow Jones)- Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels will prove to be a game changer for the offshore gas industry, said the company’s Chairman, Jorma Ollila Tuesday.

“This game-changing technology will substantially reduce the cost and environmental footprint of developing offshore gas fields,” Ollila said at the International Energy Agency’s Ministerial Meeting in Paris. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell May Face Prosecution For North Sea Spill – UK Minister

By Alexis Flynn

Published September 15, 2011 Dow Jones Newswires

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) may be prosecuted for the U.K.’s worst oil spill in a decade after Energy and Climate Change Secretary Chris Huhne confirmed an investigation into a 10-day leak from the oil major’s Gannet Alpha platform last month will be sent to Scotland’s public prosecutor.

“My department and the Health and Safety Executive have commenced investigations into the cause of the incident,” said Huhne, adding it would likely “take some months.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Brent Charlie Platform Shut-In Since July – Regulator

“A prohibition notice was served on Shell July 1 over hydrocarbon release issues on the Brent C platform. The rig is currently ‘shut in’…


SEPTEMBER 14, 2011

LONDON (Dow Jones)–The U.K. offshore regulator issued Royal Dutch Shell PLC (RDSA.LN) with two warnings in July for safety incidents at its aged Brent Charlie platform in the North Sea, the Health and Safety Executive website showed Wednesday.

One of the warnings is a more serious prohibition notice, which indicates there is an elevated risk of injury, while the other is an improvement notice, which gives an operator a period of time to correct a potential risk. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UK Offshore Regulator Mulls Naming North Sea Spill Offenders

The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to change the way it publishes information on leaks and other incidents, amid criticism of a lack of transparency around Royal Dutch Shell PLC’s recent spill at the Gannet Alpha platform.

By Alexis Flynn Published September 07, 2011 Dow Jones Newswires

ABERDEEN, Scotland -(Dow Jones)- The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to change the way it publishes information on leaks and other incidents, amid criticism of a lack of transparency around Royal Dutch Shell PLC’s (RDSA) recent spill at the Gannet Alpha platform.

“There has been pressure on us to be more transparent, there is more expected on this,” said Steve Walker, head of the Health and Safety Executive’s offshore division. “We could do it in a more attributable way.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell CEO: Company ‘Learned’ From Russian Experience -Report


By London Bureau Published July 08, 2011 Dow Jones Newswires

LONDON -(Dow Jones)- Anglo-Dutch oil giant Royal Dutch Shell PLC will take lessons it learned from past negative experiences in Russia to aid it in future, Chief Executive Peter Voser said in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday.

When Shell was asked about its negative experiences in Russia, Voser said, “You learn from the past and do it differently in the future.”

In May, Voser met with Russian Deputy Prime Minister Igor Sechin to discuss broader cooperation between state company OAO Rosneft (ROSN.RS) and Shell. Recent speculation has posited that Shell may seek to jointly develop blocks with Rosneft in the Russian Arctic Sea after talks between the Russian company and BP PLC (BP, BP.LN) broke down. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Executive: No Emergency To Warrant Release From Oil Reserve

June 30, 2011

HOUSTON -(Dow Jones)- There was no emergency in oil markets to warrant the globally coordinated oil release announced last week, a top executive from oil giant Royal Dutch Shell PLC (RDSA) said Thursday.

“That oil is there for emergency purposes. Do I consider now an emergency? I have to say I don’t,” said Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant. “It doesn’t change the middle- to longer-term picture. The conversation we need to be having is about the long-term supply issue.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

OPEC Cuts Biting Into Oil Cos’ Output Growth Areas

In early November, Anglo-Dutch Royal Dutch Shell PLC, the world's second largest oil company, was the first to disclose it was hurt by an OPEC cut, when it called force majeure on some of its Nigerian crude exports

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell International Finance sold largest deal of the day on Bond Market

On the non-guaranteed side of the market, Shell International Finance, the financing arm of energy giant Royal Dutch Shell PLC (RDSA), sold the largest deal of the day. Its 30-year issue was sold at a risk premium of 325 basis points over Treasurys, according to an investor. Shell is raising funds for general corporate purposes.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.