Published March 07, 2012 Dow Jones Newswires HOUSTON Royal Dutch Shell (RDSA) remains confident it will be able to start exploring for oil in the Arctic Ocean off the coast of Alaska this summer, the company’s Executive Vice President for Exploration David Lawrence said Wednesday. “As long we continue to meet critical milestones we [...]
Posts under ‘Dow Jones Newswires’
Rise In Oil Thefts Threatens Nigerian Output
Published February 07, 2012 Dow Jones Newswires IBADAN, Nigeria — Royal Dutch Shell PLC’s (RDSA) unit in Nigeria has said a rise in thefts of crude from its new Nembe Creek pipeline is jeopardizing the production and export of oil in Nigeria’s Niger Delta. Currently 140,000 barrels of oil per day is transported along the [...]
Shell Looking At Ways Ways To Improve US Gas Profits
FEBRUARY 2, 2012 – Shell aiming to exploit difference in price between U.S. gas and LNG, GTL – Investment in U.S. gas exploration to be at lower end of planned spending – Company to make further moves into oil-rich shales By Alexis Flynn Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA) is [...]
Shell’s quarterly adjusted earnings up 18%
Feb. 2, 2012, 2:39 a.m. EST By Alexis Flynn LONDON (MarketWatch) — Royal Dutch Shell PLC Thursday posted an 18% rise in adjusted profit for the fourth quarter, but Europe’s largest company by market capitalization still missed analyst expectations, as poor refining margins and lower natural gas demand crimped some of the benefits of higher [...]
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 [...]
Shell, Petronas Sign Contracts For Two Malaysian Oil Projects
JANUARY 16, 2012 SINGAPORE (Dow Jones)–Oil major Royal Dutch Shell PLC (RDSB.LN) said Monday it has signed two production-sharing contracts with Malaysia’s state-owned oil and gas company Petroliam Nasional Bhd. for enhanced oil recovery projects offshore Sarawak and Sabah. The two companies had agreed in November to jointly develop the oil fields in Malaysia using [...]
Shell Executive: Expects To Drill In Alaskan Arctic This Summer
JANUARY 12, 2012 HOUSTON (Dow Jones)–Royal Dutch Shell (RDSA, RDSA.LN) is confident it will be able to drill for oil and natural gas in Alaska’s arctic region this summer as it hopes to overcome its remaining legal challenges. “We still have a few not insignificant hurdles to get past, but it looks that we will [...]
Rosneft: BP To Exit Sakhalin-5 Project – Report
MOSCOW -(Dow Jones)- BP PLC (BP, BP.LN) is to exit the Sakhalin-5 gas project, and Russian state oil company OAO Rosneft (ROSN.RS) will continue working on it on its own, Interfax news agency reported Monday, citing Rosneft Chief Executive Eduard Khudainatov. “BP is not interested in this project and we have made no secret of [...]
Shell Pioneers Corporate Use Of Algo Trading In Forex
DECEMBER 1, 2011 – Royal Dutch Shell has been using algorithmic FX trading for the last six months – It uses computer model-driven trading to get trades done rather than to speculate – The oil major uses three types of algorithms to trade in London, Singapore and Rio de Janeiro By Katie Martin Of DOW [...]
Petronas, Shell in $12 Billion Oilfield Development Deal
NOVEMBER 11, 2011 By GURDEEP SINGH SINGAPOREMalaysia’s state-owned oil and gas company Petroliam Nasional Bhd. said Friday that it has agreed with Royal Dutch Shell PLC to jointly develop oilfields in Malaysia using enhanced oil recovery techniques. The companies say the $12 billion project will help the Malaysian national explorer extract a greater portion of [...]
Enviro Groups Challenge Permits For Shell’s Arctic Oil Drilling
Oct 24, 2011 By Tennille Tracy, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Environmental groups have filed a formal challenge to air-quality permits that Royal Dutch Shell needs to drill for oil in the Arctic. The challenges, filed Monday, represent the latest effort to block Shell ( RDSA, RDSB, RDSA.LN, RDSB.LN) from drilling off the coast of [...]
Shell Chairman: Floating LNG Is A Game Changer For Offshore Gas
By James Herron Published October 18, 2011| Dow Jones Newswires PARIS -(Dow Jones)- Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels will prove to be a game changer for the offshore gas industry, said the company’s Chairman, Jorma Ollila Tuesday. “This game-changing technology will substantially [...]
Shell: More Than 100 Oil Wells Drilled In Jordan In 2 Years
OCTOBER 5, 2011, 8:26 A.M. ET By Hassan Hafidh Of DOW JONES NEWSWIRES AMMAN (Dow Jones)–Royal Dutch Shell PLC (RDSA) has drilled more than 100 wells in Jordan in the two years since it a concession agreement to explore for oil from the country’s vast oil shale reserves, a person familiar with the project said. [...]
Environmental groups weighing appeal of Shell’s air permit
Alaska Dispatch | Sep 21, 2011 Environmental groups say they’re reviewing air quality permits approved Monday by the federal government for Shell Oil, which hopes to drill offshore next year in Alaska’s Arctic. The Environmental Protection Agency authorized air emissions from Shell’s drill ship Discover and a support fleet of icebreakers, oil spill response vessels [...]
Shell May Face Prosecution For North Sea Spill – UK Minister
By Alexis Flynn Published September 15, 2011 Dow Jones Newswires LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) may be prosecuted for the U.K.’s worst oil spill in a decade after Energy and Climate Change Secretary Chris Huhne confirmed an investigation into a 10-day leak from the oil major’s Gannet Alpha platform last month will [...]


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