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Posts Tagged ‘Shell New Zealand’

MORE SHELL NEWS 6 APRIL 2017

Shell sues former head of security for threatening to reveal secrets: HOUSTON CHRONICLE

The issue of confidentiality comes up most often when employees who feel wronged were former high-level executives privy to corporate secrets that they promised not to reveal…

Crockett Oaks III, a former FBI agent who led the U.S. security operations of Shell Oil Co…  Shell Oil, the U.S. subsidiary of Royal Dutch Shell, last week obtained a temporary court order blocking Oaks from revealing potentially damaging information about Shell’s…

Shell switches New Zealand holdings ahead of possible divestment: REUTERS

Royal Dutch Shell (RDSa.L) sold its stake in a New Zealand gas field while taking over the field’s operating company as part of a plan to possibly divest its holdings in the country later on, the company said Thursday.

Shell starts offloading its New Zealand assets: MARKETWATCH

WELLINGTON, New Zealand–Royal Dutch Shell PLC (RDSA) has taken a step toward an exit from its New Zealand assets with a deal to sell its 50% stake in a natural-gas field to its local venture partner, Todd Energy. 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 stand-off over New Zealand oil asset

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BRIDGET CARTER: Mergers & Acquisitions Editor, Sydney: @BridgetCarterNovember 14, 2016

Shell appears to be in a stand-off with Todd Energy over the future of its $1 billion-plus portfolio of oil exploration and production assets in New Zealand, according to sources.

Investment bank JPMorgan is understood to be working for the energy company, although no formal process has yet been launched, according to sources, despite suggestions that documents would start being sent out around August. 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.

‘Business as usual’ for Shell in New Zealand

Screen Shot 2016-08-22 at 08.11.41Written by Mark Lammey – 22/08/2016 7:47 am

Shell’s New Zealand boss has reportedly said business was proceeding “as usual” amid reports the company was planning to divest its entire $1billion-plus portfolio in the country.

Australian media reports said late last week that JP Morgan had been hired to offload Shell’s assets, which were placed under review by the oil giant in December.

But Rob Jager told New Zealand media outlets the company was still looking at a range of options and that it was “business as usual”. 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 looks to divest NZ assets

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Screen Shot 2016-07-29 at 16.46.22By Simon Hartley

Shell is preparing to sell all or some of its New Zealand operations, which carry an estimated value of more than $1 billion.break

Following inquiries by the ODT, Shell New Zealand country chairman Rob Jager confirmed speculation this week that investment bank giant JPMorgan had been appointed to support any sales process.

“Shell continues to explore a range of options for some or all of Shell’s assets in New Zealand. JP Morgan has been appointed to support this process,” Mr Jager said in a brief note, being unavailable for an interview. 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.

Royal Dutch Shell mulls exit from New Zealand

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Screen Shot 2015-11-20 at 08.55.47Angela Macdonald-Smith: 10 Dec 2015

Royal Dutch Shell is mulling a complete exit from New Zealand, putting all its oil and gas assets in the country under review for a possible sale that would likely fetch into the billions of dollars.

Country chairman Rob Jager said that while the New Zealand business was “great”, it is “a small part of the global Shell business and hence the decision to undertake a strategic review at this time.”

Shell already has a sale process underway for its stake in the Maui gas pipeline, with a teaser document sent to potential buyers by adviser JPMorgan in October. The pipeline is expected to fetch as much as $NZ300 million, but the rest of Shell’s business in New Zealand is much more extensive. 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 exploration manager Roland Spuij – deluded or ignorant?

Screen Shot 2013-04-24 at 00.00.30By John Donovan

Printed below is a deluded article written by a Shell exploration manager – Roland Spuij (prat on the right) – who apparently is totally ignorant of Shell’s track record of giving a higher priority to production and profits than to the safety of its offshore workers. Either that, or he is trying to deliberate mislead New Zealanders?  Same applies to his comments about Shell’s conduct in Nigeria. Has he forgotten that in 2009 Shell paid $15.5 million (£9.7m) as an out-of-court settlement in a case accusing it of complicity in human rights abuses in Nigeria. 17 pages of correspondence between Shell and the Nigerian Police – authentic exhibits from the litigation – prove Shell supplied arms and ammunition to the Nigerian police force (part of a corrupt murderous regime) 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’s wells yield $162 million profit

6 August 2012

Oil and gas giant Shell made a profit of $162 million from its fields in Taranaki last year, including the huge but ageing Maui and Kapuni gas fields.

Shell sold its retail petrol stations in New Zealand in 2010, but it maintains its large and profitable oil and gas production fields in Taranaki and is a partner in a joint venture to explore for more in the Great South Basin off the bottom of the South Island.

It is possible partners in the Great South Basin could drill an exploration well in the summer of 2014-15, but they are still analysing data from seismic testing. 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 and Todd in non-payment dispute

Spokespersons for Shell New Zealand and Todd Energy have declined to comment on a non-payment dispute showing up in a report to the Companies Office.

3 August 2012

The joint owners of some of New Zealand’s largest oil and gas fields, Shell New Zealand and Todd Energy, are in dispute over non-payment for services provided for work on the Maui, Pohokura, and Kapuni fields.

Companies Office records show Shell Todd Oil Services (STOS) was carrying a contingent liability at December 31 for an unresolved dispute relating to work programmes and budgets for all three fields.

The notes say these have “not been approved and accordingly some JV parties have declined to pay cash calls relating to aspects of the SIEP (Shell International Exploration and Production) charges”. 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.

Case against Shell dismissed

LATEST: There was no evidence anyone was actually misled when Shell claimed its petrol was "designed to take you further" despite only increasing efficiency by less than 1 percent, the judge who dismissed the case against the oil company said.

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.

A case of good oil, but bad blood

Shell’s reputation was besmirched by the conduct of its New Zealand executives, whose court testimony Justice Wild rejected as unreliable.

Stuff.co.nz Last updated 09:32 26/03/2010 By NICK SMITH

OPINION: Shell’s standing as a good New Zealand corporate citizen is on the line.

It will be at least  three weeks before Todd Energy’s fascinating $274 million lawsuit against oil multinational Shell finishes at the High Court in Wellington.

Justice Robert Dobson, assisted by economist lay member Professor Martin Richardson, is then likely to reserve his decision on the exemplary damages claim, relating to efforts by Shell and Austrian partner OMV to limit production at the Pohokura gasfield. 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 appoints UBS *(keep it in the family – Shell CFO/CEO Peter Voser is a director of UBS)

The New Zealand Herald

4:30AM Wednesday May 13, 2009

Shell is making progress on the sale of its downstream operations in New Zealand with the appointment of UBS to seek formal expressions of interest.

Shell is looking to sell 230 service stations, its 17 per cent shareholding in the Marsden Pt oil refinery, aviation, bitumen, chemicals, commercial fuel, distribution and supply and marine business and 25 per cent holding in the operator of Fly Buys.

Its stake in Fulton Hogan and three gas and oil fields in Taranaki are not for sale. 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.

AN OPEN LETTER TO ALL NEW ZEALANDERS FROM SHELL NEW ZEALAND LIMITED

18 December 2008

ANOPENLETTERTOALLNEWZEALANDERS FROMSHELLNEWZEALANDLIMITED

InMay2006,ShellNewZealandintroducedFuelEconomyFormulatoShellservicestationsthroughoutthe country.Shellhasmorethan100yearsofexperiencedevelopingthetechnologyandservicesthatmakeita leadingproviderofinnovativenewfuelstoday,includingtheFuelEconomyFormula. 

Shellis justly proudofitsachievementindesigninganddevelopingtheFuelEconomyFormula.Whenthe fuelwasintroduced,ShellcommencedanadvertisingcampaignthatstatedFuelEconomyFormula was “designedtotokeyoufurther”.  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 fights Commerce Commission action

Petrol company Shell has revealed it is facing Commerce Commission action under the Fair Trading Act over a product the company said improves fuel economy.

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.

Stuff.co.nz (New Zealand): Pohokura partners in row

Stuff.co.nz (New Zealand): Pohokura partners in row

02 May 2005 

By MARTA STEEMAN

The $1 billion development of the crucial Pohokura gasfield may be slipping behind schedule because of a bitter row between energy heavyweight Shell New Zealand and Todd Energy over operating key New Zealand gasfields.

Pohokura is the biggest gasfield development since Maui, which is expected to run dry by 2007.

Shell and Todd and the other owner of Pohokura, Austrian firm OMV, have committed to first production of gas from Pohokura from mid-2006 and have contracted to sell the gas to mainly electricity generators. 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.
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