Posts on ‘March 5th, 2008’

Royal Dutch Shell has announced that the 2008 Strategy presentation for analysts and shareholders will take place on Monday, 17 March, 2008 at 14.00 GMT (15.00 CET and 09.00 EST). The presentation of the first quarter 2008 results will take place on Tuesday, 29 April 2008 at 14.00 GMT (15.00 CET and 09.00 EST). This event [...]

By Upstream staff US crude oil futures rocketed past $104 on Wednesday following word that US crude stocks fell unexpectedly last week. Nymex April crude was up $4.58, or 4.6%, at $104.10 a barrel, having traded from $99.55 to a record $104.56, eclipsing the record $103.95 reached on Monday. London Brent was $2.77 up at [...]

By Upstream staff Royal Dutch Shell is seeking a partner to farm-in to its 20% stake in the Orphan basin exploration play off Newfoundland. The successful bidder would pay drilling costs in return for an interest in the properties. “We are simply looking to see if there are parties interested in the cost and risks [...]

Brian Robins Thursday March 6, 2008 THE State Government has accused petrol stations of refusing to sell premium unleaded fuel on Tuesdays – the cheapest day of the week – after a Government survey found that a quarter of Sydney’s stations shut their premium unleaded bowsers that day. “I will be contacting the new petrol [...]

Wed Mar 5, 2008 10:54am EST CALGARY, Alberta (Reuters) – Royal Dutch Shell Plc’s (RDSa.L: Quote, Profile, Research) Canadian unit is hunting for a partner willing to take a stake in an expensive exploration play off the coast of Newfoundland. Shell Canada Energy is looking for a company willing to farm into its 20 percent [...]

By Reza Amanat Last update: 9:03 a.m. EST March 5, 2008 LONDON (MarketWatch) — Royal Dutch Shell PLC and Dutch unions representing energy workers, have reached agreement over a 5.5% pay rise in 2008, for workers at Shell’s 420,000 barrel-a-day Pernis oil refinery, a union representative confirmed Wednesday. The agreement includes an annual pay rise [...]

Wed Mar 5, 2008 7:56am EST  AMSTERDAM (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research) is set to shut a catalytic cracker at its 412,000 barrels a day Dutch Pernis refinery for planned maintenance from mid-March, an industry source said on Wednesday. The source said the unit, which he described as one of five [...]

By John Donovan On Saturday 26 February we published an article authored by me entitled… Machinations in New Jersey Court linking Royal Dutch Shell with ambulance chaser lawyers It announced the surprising news that an Order which allowed Shell to proceed with a Non-U.S. settlement costing Shell shareholders over $400 million in respect of the [...]

Wednesday March 5 2008 By SINAN SALAHEDDIN Associated Press Writer BAGHDAD (AP) – Iraq’s cabinet has given the green light to the Oil Ministry to sign agreements with international oil companies to help increase the nation’s crude output, a ministry official said Wednesday. The two-year deals, known as technical support agreements, or TSAs, are designed [...]

EarthTimes.Org: Posted : Wed, 05 Mar 2008 13:12:02 GMT Author : Shell Energy North America  Category : PressRelease    HOUSTON, March 5 — Shell Energy North America (US), L.P., (Shell Energy North America) a leading natural gas and power marketing and trading company, today announced it would discuss potential natural gas supply sales with large [...]

March 05, 2008 Jim Kingsdale: Bio & more articles Underlying nearly all discussions of the oil price is a standard economic concept: supply and demand.

Published: Wednesday, March 5, 2008 | 5:34 AM ET Canadian Press: Sinan Salaheddin, THE ASSOCIATED PRESS BAGHDAD – Iraq’s cabinet has given the green light to the Oil Ministry to sign agreements with international oil companies to help increase the country’s crude output, a ministry official said Wednesday. The two-year deals, known as technical support [...]

Wed Mar 5, 2008 5:08am EST AMSTERDAM, March 5 (Reuters) – Anglo-Dutch oil giant Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research)(RDSb.L: Quote, Profile, Research) said on Wednesday it had reached a wage agreement with unions for its employees at its Dutch Pernis refinery and its Moerdijk plant. Shell said in a statement salaries will [...]

Eric Watkins Senior Correspondent LOS ANGELES, Mar. 4 — Sakhalin Energy, operator of the Sakhalin-2 gas and oil project, reported it is no longer seeking loans from the US Export-Import Bank or the UK’s Export Credits Guarantee Department due to possible delays on loan decisions. A Sakhalin Energy spokesman said Ex-Im Bank might require lengthy [...]

As Stronger Dollar Prompts Retreat By BRIAN BASKIN March 5, 2008; Page C5 Crude-oil futures fell sharply yesterday as speculators drawn to the market by the weak dollar bailed at the first sign that the currency was strengthening. Light, sweet crude for April delivery settled $2.93, or 2.9%, lower at $99.52 a barrel on the [...]