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Posts Tagged ‘Spain’

Russia, China and India consider stake in Spanish oil

The national oil companies of Russia, China and India are all running the slide rule over a 5 billion euro stake that has been put up for auction in Repsol, the Spanish oil giant. European majors also known to be taking a look include Royal Dutch Shell, Total of France and Italy’s Eni.

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.

Repsol stirs Spanish passions for new energy game

Like Shell, Repsol was forced a couple of years ago to restate and write down its oil reserves by as much as a quarter.

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.

Global Demand Squeezing Natural Gas Supply

CAMERON PARISH, La. — The cost of a gallon of gas gets all the headlines, but the natural gas that will heat many American homes next winter is going up in price as fast or faster.

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, Repsol aim to leave Iran gas project

MADRID (Reuters) - Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) and Spain's Repsol (REP.MC: Quote, Profile,Research) are negotiating with the Iranian government to pull out of a $10 billion natural gas project due in part to U.S. pressure, Spanish newspaper Expansion reported on Saturday.

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.

EU Commission approves Repsol’s acquisition of Shell Portugal assets

EUBusiness.com: EU Commission approves Repsol’s acquisition of Shell Portugal assets

14 September 2004

The European Commission said Tuesday it had approved the acquisition by Spain’s Repsol YSF of most of the Portuguese products and businesses belonging to Anglo-Dutch oil giant Shell.

The executive arm of the European Union determined that the transaction would not raise competition concerns since other large and capable players compete in the market.

It said the new entity would face competition from Portugal’s Galp, BP PLC, Cepsa, Exxon Mobil Corporation and a number of independent companies. 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.

Portugal’s Galp Eyes Spain Expansion Despite Shell Blow

THE WALL STREET JOURNAL: Portugal’s Galp Eyes Spain Expansion Despite Shell Blow

“Earlier Wednesday, Shell said it had sold its 338 gasoline stations and other assets in Spain to Disa Corporacion Petrolifera…”

DOW JONES NEWSWIRES

Posted 9 Sept 04

LISBON — Portuguese energy giant GalpEnergia SA (GAP.YY) will continue to seek out expansion opportunities in Spain after losing a bid to purchase Royal Dutch/Shell’s (RD) retailing units there.

“GalpEnergia maintains its ambition of growing in Iberia, with the aim of achieving 8% market share in Spain,” the company said in a statement late Wednesday. GalpEnergia said it would continue to focus on organic growth and remain alert to further acquisition opportunities. 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 sells 338 petrol stations in Spain, other Spanish ops

AFX Europe (Focus): Royal Dutch/Shell sells 338 petrol stations in Spain, other Spanish ops

Sep 08, 2004

AMSTERDAM (AFX) – Royal Dutch/Shell said it reached an agreement with Spanish oil company Disa Corporacion Petrolifera SA concerning the acquisition by Disa of 338 Shell petrol stations in Spain, as well as 5 pct of Shell’s Spanish gas trading business and distribution operations throughout the country.

No financial details were disclosed, but press reports have previously put a valuation of 500 mln eur on the assets being sold by the Shell group.

Shell, which will retain its Spanish LPG, lubricant, aircraft and maritime businesses, expects to complete the transaction by the end of the year. 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.

Galp finalises purchase of Shell’s Spanish petrol station network

El Pais – Spain: Galp finalises purchase of Shell’s Spanish petrol station network

Sep 03, 2004

Portuguese petrochemicals group Galp is now just one step away from acquiring no less than 264 or Anglo-Dutch counterpart Royal Dutch Shell’s 388 petrol stations in Spain.

Only two issues remain to be finalised: the UK firm’s 5 per cent stake in Spanish fuel distributor Compania Logistica de Hidrocarburos (CLH), and Shell’s 74 petrol stations on the Canary Islands.

After yesterday’s meeting between representatives of Shell and Galp, sources within the sector said that the Galp offer was the best that had been put on the table. The sale would be worth between 320m and 500m euros, depending on the assets involved. 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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