By Eduard Gismatullin – Feb 22, 2012 9:31 AM GMT Royal Dutch Shell Plc (RDSA) said Malcolm Brinded, a 37-year veteran at the company, will step down as exploration and production director and be replaced by Andrew Brown, currently Shells Qatar chairman. Brinded, who worked as an executive director for almost 10 years, will leave [...]
Posts under ‘Bloomberg’
Shell EPA Permits for Alaska Drilling Challenged in Court
By Edvard Pettersson – Feb 21, 2012 8:34 PM GMT Royal Dutch Shell Plc (RDSA)s air pollution permits for offshore oil drilling in Alaska were challenged by environmental groups who said the permits violate the U.S. Clean Air Act. The Alaska Wilderness League and eight other organizations filed a petition with the U.S. Court of [...]
Shell Wins Approval for Oil-Spill Response Plan in Arctic
By Katarzyna Klimasinska – Feb 17, 2012 5:29 PM GMT Royal Dutch Shell Plc (RDSA) won U.S. approval for its oil-spill response plan in the Chukchi Sea, bringing the company closer to winding up a five-year quest to drill off the north coast of Alaska. Shell must obtain drilling permits from the Interior Departments Bureau [...]
Sakhalin Energys 2011 Sales Rose by $1 Billion, Vedomosti Says
By Yuliya Fedorinova – Feb 8, 2012 4:53 AM GMT Sakhalin Energy, Russias liquefied natural-gas producer, increased its revenue by $1 billion last year after raising prices, Vedomosti reported today, citing Chief Executive Officer Andrey Galayev. The project may break even as soon as this spring rather than in 2013 or 2014, as initially planned, [...]
Shell, UOP Among Companies Put on Blacklist by Iran, Mehr Says
By Ladane Nasseri – Feb 6, 2012 4:10 PM GMT Iranian Oil Minister Rostam Qasemi has ordered five European companies, including Royal Dutch Shell Plc, to be put on a blacklist for failing to meet their commitments in the nations refinery projects, Mehr reported. Shell and UOP LLC, a unit of U.S.-based Honeywell International Inc., [...]
Shell, Cosans Sugar Venture Will Expand Output 9% in New Season
FEBRUARY 06, 2012 By Isis Almeida Feb. 6 (Bloomberg) — Raizen, a joint venture of Royal Dutch Shell Plc and Cosan Industria & Comercio SA in Brazil, will process 9 percent more sugar cane in the season starting in April than a year earlier, commercial director Ivan Melo said. Raizens cane processing in the 2012-13 [...]
PetroChina Boosts Shell Ties With 20% Stake in Shale Project
February 02, 2012, 11:40 AM EST By Bloomberg News Feb. 3 (Bloomberg) — PetroChina Co., the countrys biggest energy producer, boosted ties with Royal Dutch Shell Plc after agreeing to buy a 20 percent stake in its Groundbirch shale-gas project in Canada. Shell will remain the operator of the project, Mao Zefeng, the Beijing-based senior [...]
Shell Earnings Decline on Lower Gas Prices
By Eduard Gismatullin – Feb 2, 2012 8:02 AM GMT Royal Dutch Shell Plc (RDSA), Europes biggest oil company, expects to raise its dividend this year for the first time since 2009 as new projects generate more cash. Shell plans net capital investment of $30 billion, with cashflow from operations in 2012-2015 expected to be [...]
Shell Seen Raising Dividend for First Time Since 2009: Energy
Shell may even go as far as paying a special dividend or buying back shares to maximize shareholder value, according to analysts at Citigroup Inc.
Sakhalin-2 News
Gazprom Expansion of Sakhalin-2 LNG Plant May Cost $7 Billion January 30, 2012, 5:20 AM EST By Jake Rudnitsky Jan. 30 (Bloomberg) — OAO Gazprom and its partners in the Sakhalin-2 project may decide on expanding their liquefied natural gas plant this year, to add supplies by 2018, said Andrey Galaev, the ventures chief executive [...]
Nigeria to Ask for Compensation From Shell on Bonga Spill
By Vincent Nwanma – Jan 29, 2012 10:36 PM GMT Jan. 29 (Bloomberg)– Nigeria will soon ask for compensation for an oil spill from Royal Dutch Shell Plc (RDSA), Europes largest oil company, President Goodluck Jonathan said. A spill last month from the 200,000 barrel-a-day Bonga field off Nigeria, which produces nearly 10 percent of [...]
Royal Dutch Shell Another Enron?
Shell is very different from Enron. We were criticized for that some time ago and Im glad we have a absolutely rock-solid way we do business. And, if you read our annual report, you read our footnotes and all the details, everything is in there. Its all completely transparent, as far as Shell is concerned. [...]
Oil Grab in Falkland Islands Seen Tripling U.K. Reserves: Energy
The worlds largest oil companies like Exxon Mobil Corp. and Royal Dutch Shell Plc face a dilemma: whether the potential of a virgin basin outweighs the risk of a worsening international dispute. January 25, 2012, 7:20 AM EST By Brian Swint Jan. 19 (Bloomberg) — Thirty years after Margaret Thatcher fought a 74-day war with [...]
Davos Delegates Say EU Needs to Show Resolve as Split Over Greece Persists
We cant wait too long, said Peter Voser, chief executive officer of Royal Dutch/Shell Plc. Its two minutes before midnight. By Simon Kennedy and Simone Meier – Jan 25, 2012 12:52 PM GMT Europe must show more resolve to fix the debt crisis as officials race to draft rules governing the euro and bridge widening [...]
Refiners, Union Leaders to Begin Contract Negotiations Next Week
By Barbara Powell – Jan 13, 2012 1:22 PM GMT Royal Dutch Shell Plc (RDSA) and leaders of the union representing workers at 69 U.S. oil refineries will begin negotiating a new three-year labor contract Jan. 17 to avoid a work stoppage that could disrupt plant operations. The current contract between oil refiners and 30,000 [...]


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