Times Online September 25, 2008 Tim Albone, Baghdad Royal Dutch Shell opened an office in Baghdad this week, the first major international oil firm to do so since 1972 when the industry was nationalised. The news of the opening comes after Shell signed a deal, potentially worth billions of dollars, with the state-run Southern Oil [...]
Posts on ‘September 25th, 2008’
Sept. 25 (Bloomberg) — Royal Dutch Shell Plc, BP Plc and Total SA are leading oil companies that will shut at least 6 percent of Europe’s refining for repairs next month, reducing inventories already diminished by U.S. demand after Hurricane Ike.
Sept. 25 (Bloomberg) — Repsol YPF SA rose in Madrid trading after Expansion said Total SA and Royal Dutch Shell Plc are studying the possibility of buying the Spanish oil company, citing unidentified people close to the conversations.
Chevron Corp. declined to comment and referred questions to the American Petroleum Institute, where a spokeswoman said she had no information on the matter. Royal Dutch Shell PLC and BP PLC didn’t return phone calls. An Exxon Mobil Corp. spokesman declined to comment.
The Spanish government has indicated it would look favourably on Total taking over Repsol, Expansion cited sources close to discussions on the issue as saying.