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 [...]
Posts under ‘Exxon Mobil’
Kazakhs Consider Bid to Boost Kashagan Oil Cost to $46 Billion
By Nariman Gizitdinov – Jan 11, 2012 6:00 PM GMT The Kazakh government is considering a request from Exxon Mobil Corp., Royal Dutch Shell Plc (RDSA) and other partners to raise the budget for the first phase of the Kashagan oil project by 20 percent to $46 billion, according to a person with knowledge of [...]
Shell-Exxon venture reports natural gas discovery
The Associated Press January 9, 2012, 2:45PM ET AMSTERDAM A joint venture between Shell and Exxon says it has successfully drilled a significant new onshore natural gas field in the Netherlands. Nederlandse Aardolie Maatschappij BV says in a statement the field contains 4 billion cubic meters of gas, about enough to supply 2.5 million households [...]
Shells Declining Role in Nigeria
James Kimer on January 4, 2012. As the second largest energy company in the world after Exxon-Mobil, Royal Dutch Shell has been a major player in Nigerian oil and gas from the beginning, overseeing the first commercial export of oil from the country in 1958 from the Oloibiri Field. Their success over the years has [...]
Shell Shuts Nembe Creek in Nigeria After Crude Oil Theft
By Elisha Bala-Gbogbo – Jan 3, 2012 5:25 PM GMT Royal Dutch Shell Plc (RDSA) shut oil flows of 70,000 barrels a day from the Nembe Creek Trunkline in Nigeria due to a leak caused by the theft of crude. The pipeline, which supplies the Bonny export terminal, was halted Dec. 24. Shell is working [...]
BP to End Sakhalin Venture With Rosneft
By ALEXIS FLYNN LONDONBP PLC said it will end its 13-year alliance with Russian state-owned oil company OAO Rosneft to explore for oil and gas in Sakhalin, due in part to the economics of the Far East project. The U.K.-based energy producer said that in recent meetings with the shareholders and board of ZAO Elvary [...]
Deep Gulf drilling thrives 18 mos. after BP spill
By JONATHAN FAHEY, AP Energy Writer: 30 December 2011 ALAMINOS CANYON BLOCK 857, GULF OF MEXICO (AP) Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean’s surface than ever before. These pipes, which run nearly two miles deep, are connected to [...]
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 [...]
Huge slick from Shell’s 1.68 million gallon Atlantic Ocean oil spill
By Associated Press, Updated: Friday, December 23, 4:20 PM LAGOS, Nigeria A faulty pipe from an offshore oil field run by Royal Dutch Shell PLC near Nigerias coast spewed crude oil into the ocean for as much as 25 hours as workers loaded a waiting tanker, the company acknowledged Friday. While Shell continues to investigate the [...]
Shell Confirms Source of Nigerian Oil Leak as Cleanup Continues
By Eduard Gismatullin and Elisha Bala-Gbogbo – Dec 23, 2011 9:13 AM GMT Royal Dutch Shell Plc (RDSA), Europes largest oil company, confirmed the source of what could be Nigerias worst offshore spill in more than a decade to a leak in a flexible export line to a tanker. Cleanup operations continued to the leak [...]
Chevron, Transocean Face Brazil Indictment Over Oil Leak
December 22, 2011, 11:33 AM EST By Joe Carroll and Juan Pablo Spinetto Dec. 22 (Bloomberg) — Chevron Corp., the operator of the Brazilian offshore well that triggered oil leaks, and rig owner Transocean Ltd. will defend executives threatened with criminal indictments in the South American nation. Chevron learned that Brazils federal police intend to [...]
Rush to clean major Shell oil spill off Nigeria
By Sophie Mongalvy (AFP) 22 December 2011 LAGOS Authorities rushed to prevent one of Nigeria’s worst recent oil spills from reaching the West African nation’s shoreline on Thursday, with production from a major Shell field also shut due to the leak. Shell, which said the leak has been stopped, has estimated that less than [...]
News Shell oil spill off Nigeria likely worst in decade
By JON GAMBRELL, Associated Press 22 December 2011 LAGOS, Nigeria (AP) An oil spill near the coast of Nigeria is likely the worst to hit those waters in a decade, a government official said Thursday, as slicks from the Royal Dutch Shell PLC spill approached the country’s southern shoreline. The slick from Shell’s Bonga [...]
New ConocoPhillips and Shell Arctic Oil Permits Raising Alarms
By Pierre Bertrand | December 22, 2011 2:07 AM GMT Alaskan environmentalists are sounding the alarm bells this week, responding to two major oil industry victories in a state that has been a recurring flash point between environmental groups, legislators and the giants of petroleum exploration. The latest news to stir the seas came Monday, [...]
Supreme Court To Decide If 1789 Law Applies To Shell Today
Daniel Fisher, Forbes Staff 12/20/2011 For nearly 200 years, the Alien Tort Claims Act lay dormant, a one-sentence law passed by the first Congress that gave federal courts jurisdiction to hear any lawsuit brought by an alien for torts committed in violation of the law of nations. Then around 1980 inventive lawyers rediscovered it as [...]


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