Posts on ‘March 13th, 2008’

Our objectives are simple. We want Royal Dutch Shell executives to act at all times in accordance with Shell General Business Principles which include the claimed core principles of honesty, integrity, openness and respect for people in all of Shell’s dealings.   This is surely not an unreasonable ambition given that the principles were devised [...]

By Mark Shenk March 13 (Bloomberg) — Crude oil rose to a record $111 a barrel in New York as the sinking value of the dollar attracted investors to commodity markets. The dollar dropped below 100 yen earlier today for the first time since 1995 and declined to a record low against the euro. Investors [...]

LONDON, March 13 /PRNewswire-FirstCall/ – ROYAL DUTCH SHELL PLC Pursuant to Listing Rule 9.6.11 (3), the Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) announces that Christine Morin-Postel has been appointed Chairman of the Audit Committee in succession to Mr Lawrence Ricciardi. Mr Ricciardi will continue to serve as a member of the [...]

Speech given by Jon Chadwick, Executive Vice-President Shell Gas & Power Asia, at GasTech 2008, 10 March 2008 in Bangkok.   “Your Royal Highness, Ladies and Gentlemen, I am honoured to be part of this GasTech opening ceremony. GasTech is one of the most important events in the gas industry’s calendar. Thank you. Natural gas [...]

Thu Mar 13, 2008 5:48pm GMT  LISBON (Reuters) – Oil company Galp entered into an agreement on Thursday with the Portuguese Engineering, Technology and Innovation Institute in order to research and produce biofuel from algae. Galp said the venture would establish a pilot plant at its refinery in the coastal town of Sines, where it [...]

Thu Mar 13, 2008 5:32pm GMT MOSCOW, March 13 (Reuters) – Anglo-Dutch oil major Royal Dutch Shell (RDSa.L: Quote, Profile, Research) is eyeing a high-sulphur gas project in Russia’s Astrakhan, the Web site of the southern region’s governor reported on Thursday. “We have always paid great importance to the Caspian region, where we have been [...]

Posted by Big Gav on March 13, 2008 Chevron Australia has been in the news this week after announcing plans to develop a new LNG plant on the WA mainland to process gas from its Wheatstone discovery on the north west shelf. Interestingly, as well as feeding gas into the domestic network, they are considering [...]

This Day (Lagos) 13 March 2008 Ahamefula Ogbu Port Harcourt Dutch oil giant, Shell Petroleum Development Company (SPDC), has said it was not true that it enlisted the Joint Task Force to intimidate Ogoni indigenes into allowing them to go back to their oil facilities in Ogoniland, but was directed by Rivers State government to [...]

By DAVID FUNKHOUSER | Courant Staff Writer March 13, 2008 Gov. M. Jodi Rell blasted federal regulators Wednesday for their “ludicrous” assessment of the Broadwater natural gas plant proposal and called on them to reject the project as “an environmental nightmare.” Rell made her remarks in response to a final report from a task force [...]

Stanlow Oil Refinery at Ellesmere Port Mar 13 2008 by Nick Coligan, Liverpool Echo OIL giant Shell has been fined more than £260,000 for a potentially fatal gas leak from its Stanlow plant. Twenty tonnes of a highly flammable toxic substance escaped through a corroded pipe, forming a cloud 50ft above the Ellesmere Port complex. [...]

Mar 13 2008 by Richard Down, Liverpool Daily Post OIL giant Shell has been ordered to pay £300,000 in fines and costs, and forced to spend millions on improvements after letting 20 tonnes of highly flammable and toxic gas escape through a corroded pipe. Yesterday Judge Roger Dutton fined Shell UK Oil Products Limited £266,681, [...]

Dr Joseph Ackermann By John Donovan 13 March 2008 The Board of Royal Dutch Shell plc has today announced its intention to propose to the 2008 Annual General Meeting that Dr. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee of Deutsche Bank AG, be elected a non-executive director of the Company [...]

By Ed Crooks, Energy Editor Published: March 13 2008 02:00 | Last updated: March 13 2008 02:00 A package of modest tax breaks for North Sea oil and gas companies was set out by the Treasury yesterday, leaving the industry hoping for more substantial incentives to investment in the future. The oil and gas industry [...]

By TAKASHI NAKAMICHI March 13, 2008 4:18 a.m. TOKYO — The dollar plummeted to near ¥100 and hit record lows versus the euro and the Swiss franc in Asia Thursday, as suspicions grew that the latest attempt by central banks to save the sliding U.S. economy won’t work. Market participants ranging from hedge funds to [...]

By Dinakar Sethuraman March 13 (Bloomberg) — Royal Dutch Shell Plc and Total SA may have to find more gas in Brunei to extend liquefied natural gas supplies to Asian customers, an official said. Sales contracts to utilities in Japan and South Korea expire in 2013, Mohamad Damit, general manager of LNG marketing at Brunei [...]