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Gazprom-Shell Partnership Flies In The Face Of Sanctions

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Charles KennedyMon, 22 June 2015

Russian energy giant Gazprom is building up a global portfolio with a western oil major.

Gazprom and Royal Dutch Shell are teaming up on several energy projects that will benefit both. The two energy companies have agreed to build an expansion of the Nord Stream Pipeline, a major natural gas pipeline that travels beneath the Baltic Sea. The pipeline is a priority for Russia, which will allow it to expand its natural gas exports to Europe while also cutting out Ukraine from the mix.

Gazprom, Shell, along with E.ON and OMV – two gas importers in Western Europe – have agreed to build the $11 billion expansion of Nord Stream. 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.

How The Majors Are Playing The Oil Price Slump

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Screen Shot 2015-02-01 at 14.48.37Article by Nick Cunningham published 22 April 2015 by OilPrice.com

How The Majors Are Playing The Oil Price Slump

The largest oil and gas companies are employing different strategies to weather the downturn and plan for the future. Each strategy has its risks, and not all may work out. Which companies will emerge stronger after an oil price rebound and which will fall further behind because of bad decisions?

There are different ways to play a down cycle. With oil prices half of what they were in 2014, revenues are significantly lower for everyone across the board. As a result, the oil industry has collectively implemented an estimated $114 billion in spending cuts. But oil executives are also trying to figure out how to grow over the next five or ten years. 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’s Artic Fate To Be Decided Soon

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Article by Andy Tully published Monday 13 April 2015 by OilPrice.com

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Screen Shot 2015-04-14 at 09.05.35The US government has begun its full review of an application by Royal Dutch Shell to resume offshore drilling for oil and gas in the Arctic Ocean off the Alaskan coast.

The US Bureau of Ocean Energy Management (BOEM), an arm of the Interior Department, said April 10 that it had satisfactorily finished its initial review of Shell’s application, submitted March 31, to drill in the Chukchi Sea and now could begin its final analysis.

The Anglo-Dutch energy company has a lease on drilling rights in the region and plans to drill an exploratory well there this summer. Besides getting the BOEM’s approval, it must also undergo federal reviews of its plans for worker safety, the protection of indigenous wildlife and plans for the disposal of wastewater. 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’s Troubles in Nigeria Continue

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Extracts from an article by Nick Cunningham published by Oilprice.com on 27 Feb 2014

Royal Dutch Shell (NYSE: RDS-B) is in the midst of a flurry of sell offs to fix its balance sheet, unloading billions of dollars of assets as quickly as it can. Shell’s problems worsened this week – it was forced to shut down a major pipeline in Nigeria to stop leakage and theft, a blow to a company that hoped to right the ship. The latest troubles in Nigeria add to Shell’s problems, which has been plagued by insecurity in the Niger delta for years. It was implicated in human rights violations in the 1990’s for its cooperation with the Nigerian government as it violently suppressed local opposition. Shell has also been accused of excessive gas flaring and oil spills, and as a major player in the horribly contaminated Niger Delta 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’s Asset Purge to Hit UK North Sea

Extract from article by James Burgess of oil price.com: Mon 17 February 2014

Screen Shot 2013-12-22 at 19.09.52Royal Dutch Shell has announced plans to sell three oil and gas assets in the North Sea as the supermajor seeks to divest some $15 billion in assets.

In October 2013, Shell announced it would begin selling off significant assets in 2014 and 2015 in order to reduce liabilities and improve cash flow.

FULL ARTICLE

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 Produces Gas at Record Low Cost in China

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By Charles Kennedy | Tue, 26 November 2013

Royal Dutch Shell has announced it is producing natural gas at its Changbei project in China at a major discount and plans to start test production in the second phase by late next year or early 2015.

In partnership with PetroChina, Shell is producing natural gas from the Changbei field at $1 per barrel, or 91% lower than PetroChina’s lifting cost of $11.74 per barrel as of 2012 in similar projects.

Shell, taking advantage of China’s unconventional gas sector, is investing a total of $1 billion in China this year, and the Changbei project’s cheap production is helping to offset investment costs. Shell has also said it would continue to invest the same amount annually in China. 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.
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