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Posts under ‘Bloomberg’

Shell to Start Iraq Oil Output Amid Plans for Saudi Investments

By Maher Chmaytelli and Nayla Razzouk: May 16, 2013 Royal Dutch Shell Plc (RDSA) will start producing crude at Iraq’s Majnoon oil field as early as next month and plans to increase energy investments in Saudi Arabia, its regional vice president said. Output from Majnoon, one of Iraq’s largest oil fields, will start “around mid-year” [...]

Shell May Export U.S. LNG or Turn Gas to Motor Fuel, Chemicals

By Robert Tuttle – May 16, 2013 5:00 AM GMT+0100 Royal Dutch Shell Plc (RDSA) may export U.S. natural gas in liquid form, convert it into chemicals or build a gas-to-liquids plant to produce fuel, said the company’s country chairman for Dubai and the northern emirates. Shell is considering the possibilities, and “it is too [...]

EU anti-trust raids involving Royal Dutch Shell?

Shell, Europe’s biggest oil company, confirmed that Shell companies are “currently assisting” the European Commission in an inquiry into trading activities. Tip off  from a Shell related source… By John Donovan Dow Jones Newswires is reporting confirmation from Royal Dutch Shell Plc that Shell companies are assisting the European Commission enquiry into trading activities. Shell [...]

Canary Wharf, Qatar Win Backing for London Shell Centre Project

By Patrick Gower: May 13, 2013 Canary Wharf Group Plc and Qatar’s sovereign-wealth fund won planners’ support to build 877 homes and about 76,000 square meters (820,000 square feet) of offices at the site of Royal Dutch Shell Plc’s London headquarters on the banks of the River Thames. Planning officials recommended that Lambeth Borough Council [...]

Shell Starts World’s Largest Gas-Capturing Plant in Iraq

By Kadhim Ajrash & Nayla Razzouk – May 1, 2013 1:32 PM GMT+0100 Royal Dutch Shell Plc. (RDSA) and Mitsubishi Corp. (8058) started operations at a $17-billion joint venture to capture gas from some of Iraq’s largest oil fields. The Basrah Gas Co. project, the biggest of its kind, captures so-called associated gas flared from [...]

Shell Said to Name Pickard Head of Operations in Arctic Region

By James Paton:April 29, 2013 Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, plans to name Ann Pickard as head of its Arctic operations, moving her from the helm of the Australian business, a person with knowledge of the matter said. Pickard, a former Shell executive in Nigeria who became chairwoman of Shell’s Australian [...]

Highest-Paid Workforce Driving Shell Offshore Australia: Energy

Royal Dutch Shell Plc’s Prelude vessel, seen here in an image illustration, vying to be the first floating LNG facility in the world, will be as long as the Empire State Building and six times the weight of the largest aircraft carrier. Source: Rex Features via AP Images April 26, 2013 Escalating costs to build [...]

Companies Shielded as U.S. Court Cuts Human-Rights Suits

By Greg Stohr on April 17, 2013 The U.S. Supreme Court insulated multinational corporations from at least some lawsuits over atrocities abroad, scaling back a favorite legal tool of human rights activists. The justices threw out a suit accusing two foreign-based units of Royal Dutch Shell Plc (RDSA) of facilitating torture and execution in Nigeria. [...]

Motiva Port Arthur refinery shuts down after power outage

By Barbara Powell Bloomberg News Motiva Enterprises LLC’s Port Arthur, Texas, refinery is completely shut down after losing power yesterday, a person familiar with operations said. There isn’t a timeline for restarting the plant, said the person, who asked not to be identified because the information isn’t public. The refinery is the largest in the [...]

Shell, Mitsubishi Will Start Iraq Plant on April 15

By Khalid Al-Ansary and Nayla Razzouk on April 11, 2013 Royal Dutch Shell Plc (RDSA) and Mitsubishi Corp. (8058) will start capturing gas from Iraq’s oil fields next week in a $17 billion project known as Basra Gas Co. “Basra Gas Co. will start operations officially on April 15,” said Ali Hussain Khudayir, director general [...]

Gazprom Neft to Bring Shell Into Shale Oil, Offshore Projects

By Olga Tanas & Stephen Bierman – Apr 4, 2013 4:00 PM GMT+0100 OAO Gazprom Neft, the oil arm of Russia’s natural gas exporter, plans to expand its partnership with Royal Dutch Shell Plc (RDSA) to develop shale oil in Siberia and Arctic offshore blocks, according to a Kremlin official. Gazprom Neft and Shell will [...]

Is Shell STILL anti-Semitic?

“So is Shell STILL anti-Semitic, or is it simply because doing business with Israel would upset the rulers of Saudi Arabia, yet another tyrannical regime in bed with Shell? One Country swims in oil. The other doesn’t. Perhaps that has something to do with it?” By John Donovan In March 2011 we published an article [...]

Shell Plans to Spend $1 Billion on China Shale Gas Development

By Bloomberg News – Mar 26, 2013 8:09 AM GMT Royal Dutch Shell Plc (RDSA) will spend $1 billion developing China’s shale gas reserves, according to Peter Voser, the company’s chief executive. Shell has won government approval for its production sharing contract with China National Petroleum Corp., the nation’s biggest oil and gas company, Voser [...]

Shell screwed up in 2012 says US Interior Secretary Ken Salazar

“Shell screwed up in 2012, and we are not going to let them screw up after their pause is over,” Interior Secretary Ken Salazar told reporters today on a conference call. Arctic-Specific Rules Required After Shell’s 2012 Mishaps By Mark Drajem – Mar 14, 2013 9:45 PM GMT Royal Dutch Shell Plc will need to [...]

Nigerian Oil Thieves Return to Decimate Output

By Elisha Bala-Gbogbo on March 05, 2013 Nigeria’s oil thieves are back in action, sabotaging pipelines to rob Africa’s biggest crude producer of more than a 10th of its daily production. In the first two months of this year alone, Royal Dutch Shell Plc (RDSA) and other oil companies have declared three force majeures, a [...]