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Lloyds List

Hired guns protect Shell’s $9bn gas business

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(Lloyd’s List is one of the world’s oldest continuously running journals, having provided weekly shipping news in London as early as 1734.)

Energy shipping firm deploys armed guards despite LNG carriers’ smaller risk of piracy

Hal Brown – Friday 5 April 2013

PIRATES are very much a concern for Shell’s gas shipping operation, even though liquefied natural gas carriers are no easy target for attackers.

As Shell’s LNG vessel Mekaines loaded cargo last month in Ras Laffan , Qatar, it had already made preparations to pick up a team of armed guards.

The four guards, all ex-Royal Marines, joined the ship at Muscat in the Gulf of Oman, before the vessel sailed into the Arabian Sea, bound for the Isle of Grain in the UK. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell in $9.2m US shareholder pay-off

Lloyds List: Shell in $9.2m US shareholder pay-off

“But it still has one other class action pending in the US by shareholders angered by the devaluation of their shareholdings immediately after the reserves recategorisation was announced.”

Friday Sept 02, 2005

ROYAL Dutch Shell is set to pay $9.2m to settle another shareholder lawsuit in the US as it works to close off the remaining fallout from its 2004 reserves scandal, writes Martyn Wingrove.

The Anglo-Dutch oil major, which recently unified its ownership and listing, has reached a settlement with US shareholders on their derivative action that was set up to force the company into corporate changes.

The actions pending in the federal courts of New York and New Jersey sought to assert claims against current and former members of the board and were looking for changes in corporate structure and governance. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Lloyds List: Investment concern as Shell earnings soar

Lloyds List: Investment concern as Shell earnings soar

Capital expenditure figure for year of $15bn excludes cost overruns on Sakhalin II, writes Martyn Wingrove:

“STRONG oil prices have sent unified Royal Dutch Shell’s earnings into a 26% rise in the second quarter, but there are concerns over rises in capital investments on Russian projects.”

Friday July 29, 2005

STRONG oil prices have sent unified Royal Dutch Shell’s earnings into a 26% rise in the second quarter, but there are concerns over rises in capital investments on Russian projects.

The London-listed oil group reported earnings of $4.63bn in the second quarter compared with $3.66bn for the same period last year, but its capital expenditure climbed 20% to $4.13bn in the quarter, $2.4bn of this in upstream operations.

The Anglo-Dutch group has seen its oil and gas production fall since the first quarter to 3.5m barrels of oil equivalent a day from almost 3.85m in March, although it was flat compared with the second quarter last year. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Lloyds List: Shell LPG sale process gains momentum

Lloyds List: LPG sale process gains momentum

“Shell is about to take a step forward in the oil major’s efforts to sell its liquefied petroleum gas business, writes Tony Gray. The group will soon open a ‘data room’ to allow serious potential bidders access to all the information needed to assess the business’ value.”

Friday July 29, 2005

Shell is about to take a step forward in the oil major’s efforts to sell its liquefied petroleum gas business, writes Tony Gray.

The group will soon open a ‘data room’ to allow serious potential bidders access to all the information needed to assess the business’ value.

Buying candidates will be selected from those which respond positively to a ‘teaser’ document, effectively an executive summary of the operations.

Shell aims to have an offer in place for the marketing and distribution assets of its branded LPG business by the end of this year and finalise the deal next year. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Lloyds List: North Asian gas import prices will rise as demand increases

Lloyds List: North Asian gas import prices will rise as demand increases

Tony Gray reports from the LNG Finance Forum in London organised by Euromoney Energy Events and Gas Strategies

May 10, 2005

Growing global demand for liquefied natural gas will force the hungry markets in north Asia, which have traditionally been the biggest consumers, to raise their import prices, the conference was told.

Peter de Wit, president of Shell Gas ‘ Power, Asia- Pacific, said the industry was witnessing the emergence of a more inter-connected global LNG market which was likely to lead to ‘greater volatility in the Asia-Pacific market and higher prices.’ read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.