Published May 11, 2015 Associated Press

SEATTLE –  A giant floating oil rig currently anchored off Port Angeles, Washington, will be towed to Seattle this week despite the Seattle mayor’s assertion that the Port of Seattle can’t host the rig until it gets a new land-use permit, a Royal Dutch Shell spokesman said Monday.

In an email, Shell spokesman Curtis Smith said the 400-foot-long Polar Pioneer was scheduled to arrive at the Port of Seattle’s Terminal 5 “later in the week” to prepare for planned exploration in the Arctic Ocean. read more

LONDON –  Royal Dutch Shell PLC’s (RDS.A) planned $70 billion acquisition of BG Group PLC would create a giant operator of liquefied-natural-gas vessels, offering owners that charter the ships more opportunities for lucrative, long-term contracts in an otherwise-depressed shipping industry.

“The merger offers owners more flexibility and better utilization of their fleets, which could mean long-term leases offering steady income,” said Ted Petropoulos, head of Athens-based Petrofin Research. “It’s also a defensive move to secure market share as more players come into the market.” read more

Motiva Enterprises LLC has successfully restarted the expansion segment of its Port Arthur, Texas, refinery after months of setbacks and false starts, a person familiar with the refinery’s operations said.: The process of restarting the unit began late last year, but was further delayed by the discovery of new pipe leaks and a small fire.

Published January 22, 2013 by Dow Jones Newswires

Motiva Enterprises LLC has successfully restarted the expansion segment of its Port Arthur, Texas, refinery after months of setbacks and false starts, a person familiar with the refinery’s operations said.

The refinery will run the segment at 200,000 to 225,000 barrels per day for about three to four weeks before ramping up to its full capacity of 325,000 barrels, the person said.

A spokesman for Royal Dutch Shell Plc. (RDSA) said only that the unit is on track to be restarted in early 2013. read more

By Selina Williams: Published December 05, 2012 by Dow Jones Newswires

Low natural gas prices in the U.S. and weak prices for carbon permits in Europe are pushing more polluting coal into Europe where it is being burned to generate electricity, Royal Dutch Shell PLC’s (RDSA) Upstream International Director Andy Brown said Wednesday.

The shift in energy flows comes as Europe is trying to reduce its emissions of greenhouse gases to meet climate targets and highlights how North America’s shale gas boom has rewritten the global energy map, in some cases to the detriment of regional energy policy. read more

Dow Jones Newswires: Published November 26, 2012

Shell Oil Company said Monday that a release of hydrogen sulfide late Saturday night at its oil refinery in Martinez, Calif., necessitated reducing feed to an unspecified unit to diminish the emission.

A report to the Calif. Emergency Management Agency said a venting pressure relief valve had caused the release.

Shell notified all appropriate local and state agencies and monitored off-site locations for air quality impacts. No off-site impacts were detected, Shell spokeswoman Kimberly Windon said. The situation was declared all clear at 1:15 a.m. PST (0915 GMT), she added. read more

By Selina Williams: Published November 20, 2012 by Dow Jones Newswires

Royal Dutch Shell PLC (RDSA) is confident the U.S. government will approve the controversial Keystone XL pipeline extension that will carry crude from western Canada to the U.S. Gulf Coast, its chief financial officer Simon Henry said Tuesday.

“We remain confident the U.S. government will take a balanced view…and allow the full extension to proceed,” Mr. Henry told a Canadian energy event in London.

The re-election of President Barack Obama has revived hopes the oil pipeline will gain government approval after environmentalists were instrumental in getting the scheme blocked last year. read more

Dow Jones Newswires: Published October 28, 2012

Royal Dutch Shell PLC (RDSA) is struggling to settle the over $1 billion it owes Iran for oil purchases after options such as financing a gas pipeline or paying for food shipments were rejected, people familiar with the matter said over the weekend.

“There have been several options examined. None has been successful,” one person said.

Anglo-Dutch oil giant Shell’s $1 billion plus debt to Iran is due to a European Union embargo that started July 1, which prevents the transfer of payments to the Islamic Republic. read more

Dow Jones Newswires: Published October 19, 2012

Royal Dutch Shell PLC (RDSA) has been in talks with the U.S. government over extending its leases for oil development in the Arctic seas north of Alaska, after its drilling program was held up by legal actions and objections from regulators, reports the Financial Times.

The first of Shell’s Arctic leases to expire will run out in 2015 and the oil multinational has begun talking to the U.S. interior department in the hope of agreeing early extensions to its drilling rights, it said. read more

Published October 18, 2012

Dow Jones Newswires

Royal Dutch Shell PLC (RDSB.LN) is still interested in entering Mozambique despite losing out on a deal earlier this year that would have given the oil major access to East Africa’s huge gas reserves, Shell’s exploration chief, Andy Brown, said in an interview.

Large natural gas discoveries off the coasts of Mozambique, Tanzania and Kenya have transformed East Africa into one of the world’s most promising energy provinces, potentially challenging Qatar and Australia for key gas export markets in Asia.

The gas finds have already led to jostling between companies eager to get access to the region, where they would join Houston oil company Anadarko Petroleum Corp. (APC) and Italy’s Eni SpA (E, ENI.MI), both of which have already made significant discoveries. read more

Royal Dutch Shell to Sell 50% Working Interest Holstein Field for $560 Million

Sep 10, 2012 7:57 AM EDT

Oil and natural gas production company Royal Dutch Shell PLC (RDSA.LN), said Monday it has agreed to sell its 50% working interest in the Holstein Field, comprised of Green Canyon Blocks 644, 645 and 688 in the Gulf of Mexico, to Plains Exploration & Production (PXP) for $560 million, subject to closing.

MAIN FACTS:

-Shell received an unsolicited offer from Plains Exploration for Shell’s working interest.

-The transaction is effective Oct. 1, and is expected to close by year-end 2012. read more

Published August 20, 2012: Dow Jones Newswires

Chevron Corp. (CVX) and Royal Dutch Shell PLC (RDSB) agreed Monday to swap stakes in two multibillion dollar natural gas projects in Australia, betting on the country’s ability to feed Asia’s growing energy demand just as competition from Africa and North America intensifies.

Chevron, the second-biggest U.S. oil company by market value after ExxonMobil Corp. (XOM), said in a statement that the deal involves transferring its interest in the proposed US$30 billion-plus Browse project to Shell. read more

Dow Jones Newswires: Published July 25, 2012

Royal Dutch Shell PLC (RDSA, RDSA.LN) is scrambling to take advantage of a shrinking opportunity to drill for oil in the Arctic Ocean this summer, recently asking the Obama administration to allow it to get an early start on planned wells there, people familiar with the issue said.

With about three months left before winter ice is expected to move in, Shell is waiting for construction of an oil-spill containment vessel to be completed and for the ship to make its way north to the waters off Alaska’s coast. Shell can’t begin work on wells in the Chukchi and Beaufort Seas until the vessel is in place. read more

By Sarah Kent: Published July 13, 2012 by Dow Jones Newswires

U.K. regulator, the Takeover Panel, Friday waded into the takeover battle between Royal Dutch Shell PLC (RDSB.LN) and Thailand’s PTT Exploration & Production PCL (PTTEP.TH) over Africa-focused Cove Energy PLC (COV.LN), giving the companies a deadline of July 16 to make their final offers.

If no offer is accepted by this date, the sale of Cove will be decided by an auction on July 17, the Takeover Panel said in a statement. The regulator’s intervention will draw to a close a months-long contest between the two companies for the prize of potentially-lucrative natural gas discoveries in Africa. read more

Published July 02, 2012: Dow Jones Newswires

A Brazilian judge has ordered oil giant Royal Dutch Shell PLC (RDSA) and chemical behemoth BASF SE (BASFY) to pay $500 million in compensation for hundreds of ex-workers suing for damages in a suspected plant contamination case, a judicial source said Monday.

Labor judge Ines Correa Cerqueira from the town of Paulinia in Sao Paulo state ruled that the two foreign companies must deposit $500 million in a compensation fund pending the outcome of the class action lawsuit, according to the source who spoke on condition of anonymity. read more

Published June 05, 2012 Dow Jones Newswires

Royal Dutch Shell PLC (RDSA) Chief Executive Peter Voser Tuesday said he believed Greece will stay in the European Union and in the euro, and that the common currency will stay intact despite the euro zone’s sovereign debt problems and economic downturn.”The euro clearly will stay intact, the Common Market will stay intact, which is needed for the competitive positioning of Europe,” Mr. Voser told Dow Jones Newswires.

“Whatever happens with Greece, which personally I think will stay in the euro and in the E.U., can be managed,” he said in an interview on the sidelines of the World Gas Conference in Kuala Lumpur.

Mr. Voser said he welcomed some of the actions taken by E.U. governments and the European Central Bank in recent months, “and we urge these institutions to take even more decisive action to remove some of the uncertainties in the financial markets. I am convinced it can be done.” read more

Brazil court nixes request for Shell, BASF deposit

Published May 31, 2012 Associated Press

BRASILIA, Brazil –  A Brazilian court has rejected a request from prosecutors that Shell Brasil SA and chemical company BASF SA deposit $500 million into a fund for workers allegedly contaminated at an agricultural chemicals plant.

Thursday’s ruling says the companies don’t have to make any deposit until a final decision is made in a continuing class-action lawsuit.

Prosecutors asked that the Royal Dutch Shell PLC subsidiary and Germany-based BASF SE subsidiary pay $500 million into an account now so it could immediately be available once a higher court rules. read more