Sunday Telegraph As BP bears the brunt of anger over the Gulf of Mexico oil slick, drilling company Transocean is staying out of the spotlight. By Philip Sherwell, US Editor Published: 7:46PM BST 05 Jun 2010 httpv://www.youtube.com/watch?v=QtU59VBw_LA&feature=player_embedded They are not the usual images of a buttoned-down oil industry executive honouring employees at a corporate gathering. [...]
Posts from ‘June, 2010’
BP’s Hayward: ‘I’m also angry and frustrated’
Sunday Telegraph BP chief Tony Hayward has been called ‘the most hated man in America’. He says he understands the outcry but maintains that he is the right person to lead the energy giant. By Rowena Mason Published: 8:34PM BST 05 Jun 2010 Tony Hayward: ‘This won’t stop deepwater drilling. It will transform it’ Tony [...]
What Not to Say When Your Company Is Ruining the World
by Ravi Somaiya: June 02, 2010 Joe Raedle / Getty Images: On May 28, Hayward points to the site of the gulf oil spill. There is a long and awkward history of corporate leaders saying the wrong thing when their companies are facing criticism. Goldman Sachs CEO Lloyd Blankfein responded to his company’s role in [...]
BP has the real smell of death
THE GLOBE AND MAIL For BP, now come the lawyers A smeared reputation may be just the start of BP’s problems, Eric Reguly writes. Next up: A U.S. court system eager to make it pay for the worst oil spill in the nation’s history Eric Reguly: From Saturday’s Globe and Mail BP PLC (BP-N37.16-2.11-5.37%)is public enemy [...]
Perth lands coup in change at Shell helm
The Sydney Morning Herald PETER KLINGER Saturday, June 5, 2010 ANN Pickard, the most powerful woman in Australia’s oil and gas industry, has wrested control of Royal Dutch Shell’s far-reaching operations in the country from Melbourne to Perth. It comes as Shell prepares to become the biggest corporate investor in Australia through its involvement in [...]
Hundreds of jobs to be lost as Shell decides to close its Montreal refinery
From The Canadian Press, June 04, 2010 MONTREAL – Hundreds of employees are about to lose their jobs after Shell Canada decided to close its Montreal refinery. The Calgary-based petroleum giant says it will convert the operations in eastern Montreal to a distribution terminal after rejecting two “expressions of interest” submitted before its Tuesday deadline. [...]
Shell rejects bids, will close Montreal refinery
REUTERS Jeffrey Jones CALGARY Fri Jun 4, 2010 1:33pm EDT Alberta (Reuters) – Royal Dutch Shell Plc (RDSa.L) will proceed with plans to close its Montreal refinery and convert it to a fuel terminal after deeming two expressions of interest in buying the plant too cheap, it said on Friday. Shell expects to start shutting [...]
Shell Names Pickard Australia Chair as Caplan Retires
By Ben Sharples June 4 (Bloomberg) — Royal Dutch Shell Plc, Europes largest oil company by market value, said Ann Pickard will succeed Russell Caplan as chairman of its Australian operations on Aug. 1. Caplan, 64, who has been chairman since Feb. 1, 2006, is retiring after 42 years with Shell, the Hague-based company said [...]
Who could gobble up a hobbled BP?
MarketWatch Oil giant has valuable assets, but unknown liabilities and history of mishaps By Steve Goldstein, MarketWatch June 3, 2010, 3:26 p.m. EDT LONDON (MarketWatch) — For sale (maybe) — oil giant with world-class assets, unquantified liabilities and a reputation for major mishaps. That’s what BP /quotes/comstock/13*!bp/quotes/nls/bp (BP 39.38, +0.11, +0.28%) /quotes/comstock/23s!a:bp. (UK:BP. 432.25, +2.50, [...]
Inside Shell’s Iran Game
Forbes: Inside Shell’s Iran Game June 3, 2010 – 4:58 pm Mark DubowitzBio | Email Mark Dubowitz is Executive Director of the Foundation for Defense of Democracies, and leads the Foundations Iran Energy Project Royal Dutch Shell resumed its gasoline shipments to Iran, International Oil Daily reported this morning. The company got back into [...]
Shell must be bold in its raid on BP
By Wilt Staph Shell is the least courageous of all the oil majors when it comes to acquisitions. The over-priced takeover of Enterprise Oil aside Shell has stood on the sidelines whilst all of its competitors, without exception, have concluded huge scale takeovers/mergers in the last ten years. The reason for this reluctance is not [...]
BPs Hayward Faces Downgrades, Investors as Spill May Cost Job
By Brian Swint June 3 (Bloomberg) — BP Plc Chief Executive Officer Tony Hayward faces rising speculation that the worsening oil spill will cost him his job as he grapples with worried investors, rating downgrades, U.S. politicians and public anger over the companys inability to control the crisis. Hayward will address Londons investors and analysts [...]
Environmental group says gas drilling could taint drinking water of 17 million Americans
Royal Dutch Shell just spent $4.7 billion dollars purchasing land in gas-rich regions of New York and Pennsylvania.
Suitors emerge for Shell refinery
Royal Dutch Shell PLC is studying two 11th-hour expressions of interest in buying its Montreal refinery, a plant it had targeted for closure, a spokesman said Wednesday.
Industry can cut accident risks, says BP chief
Finncial Times: Industry can cut accident risks, says BP chief By Ed Crooks in London and Edward Luce in Washington Published: June 2 2010 23:26 | Last updated: June 2 2010 23:26 Extracts Tony Hayward is fighting for BPs right to stay in one of its most important regions for growth. It was possible, he [...]


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