April 24, 2009: 11:50 AM ET LONDON -(Dow Jones)- Sakhalin Energy, which recently started a large liquefied natural gas plant in Russia’s far east, has canceled all planned 2009 seismic surveys following pressure from environmental groups and scientists seeking to protect the habitat of the Western Gray Whale, the Russian branch of the World Wildlife Fund [...]
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Shell To Pay $10 Bln Of Dividends; Production Not Replaced
Separately, Shell in a 20-F filing said Van Der Veer’s total pay, including salary and bonus, was $8.34 million in 2008. Brinded earned $4.14 million, Cook earned $3.87 million, the retiring Rob Routs earned $5.16 million and CFO Peter Voser earned $3.59 million.
Low Oil Price, Econ Crisis May Cut Kashagan Costs – Shell
March 10, 2009: 07:12 AM ET ALMATY, Kazakhstan -(Dow Jones)- Low oil prices and the economic crisis may cut costs of development at Kazakhstan’s largest oil field Kashagan, Royal Dutch Shell PLC’s (RDSA) general manager for the Caspian region said Tuesday. “The economic situation and low oil prices should allow us to bring the cost down,” Campbell Keir [...]
Shell Halts Some Nigeria Oil Shipments After Attack
LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA) Monday said a recent militant attack on a Nigeria oil pipeline had forced it to halt deliveries to many customers, in an indication of the worsening security situation in one of Shell’s most important markets.
Athabasca Oil Sands Expansion Costs Jump To $13.7 Billion
OTTAWA -(Dow Jones)- Project costs for a 100,000-barrel-a-day expansion at Royal Dutch Shell PLC’s (RDSA) Athabasca Oil Sands Project have climbed to $13.7 billion, partner Chevron Corp.(CVX) said in a filing with the SEC.
Shell CEO: Projects Profitable At Current Energy Prices
“Nearly all of our projects will be profitable at present energy prices,” Chief Executive Jeroen van der Veer told an audience at the Cambridge Energy Research Associates’ annual energy conference.
Will 100 yrs of ruthless rivalry end with ExxonMobil buying Shell?
The military tone of articles published 90 years ago in the New York Times provide insight into the depth of intense rivalry between the oil giants which sometimes descended into open warfare. The opening salvo was fired in an article published on 16 January 1928 under the dramatic headline: N.Y. STANDARD OIL DECLARES WAR UPON DUTCH SHELL GROUP.
Exxon: Waiting for the tiger to pounce
Is Shell in Exxon’s sights? A deal with Shell might be particularly sweet for Exxon’s ego. The two firms have been archrivals since the early days of the oil barons, with the Anglo-Dutch Shell and John D. Rockefeller’s Standard Oil, which spawned Exxon, going head to head in markets around the globe.
Shell International Finance sold largest deal of the day on Bond Market
On the non-guaranteed side of the market, Shell International Finance, the financing arm of energy giant Royal Dutch Shell PLC (RDSA), sold the largest deal of the day. Its 30-year issue was sold at a risk premium of 325 basis points over Treasurys, according to an investor. Shell is raising funds for general corporate purposes.
Oil, gas industry acts to cut pollution in Wyoming
Jim Sewell, staff environmental engineer with Shell, said he knows of no other field in the United States where the emissions control systems are being used on land drilling rigs.
The bravest woman in oil
Ann Pickard, Shell’s chief in Nigeria, knows the true meaning of oil crisis. By Jon Birger, senior writer NOVEMBER 21, 2008: 7:13 AM ET (Fortune Magazine) — Ann Pickard’s title sounds normal enough – she’s regional executive vice president in Africa for Royal Dutch Shell’s exploration and production division. But there’s nothing normal whatsoever about [...]
Big Oil: We told you so
“Exxon got criticized for underinvesting over the last four years,” said Fadel Gheit, a senior energy analyst at Oppenheimer. “It’s not that they were stupid, it’s just that they thought it was too expensive. Now Exxon is going to laugh all the way to the bank.”
Ormen Lange Gas Field Now Has 6 Wells Online – Shell
Norway’s giant Ormen Lange gas field is now producing gas from six wells, after three new wells were brought online earlier this month, a spokeswoman for operator Royal Dutch Shell PLC (RDSA.LN) said Friday.
Whistleblower: Oil watchdog agency ‘cult of corruption’
Just before he lost his job, he said, one of his superiors in Washington ordered him not to investigate why Shell Oil had raised its oil transportation costs.
Shell Oil gets $338.4 million Pentagon contract for aviation fuel
Shell Oil gets $338.4 million Pentagon contract for aviation fuel September 17, 2008: 05:36 PM EST NEW YORK (Associated Press) – Royal Dutch Shell’s U.S. subsidiary Shell Oil received a $338.4 million contract from the Defense Logistics Agency for aviation fuel, the Pentagon said late Wednesday. http://money.cnn.com/news/newsfeeds/articles/apwire/b9171b6fa30eebae369fd24ceb678603.htm


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