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Posts under ‘Marvin Odum’

U.S. Gulf still important to Shell

HOUSTON | Mon Jun 13, 2011 5:35pm EDT (Reuters) – The Gulf of Mexico remains a “very strategically important” area for Royal Dutch Shell’s (RDSa.L) Americas arm both in terms of exploration and the company’s consideration of buying more assets, Marvin Odum, president of Shell Oil Co, said on Monday. We’ve been growing our business [...]

Shell’s U.S. Deep-Water Oil Drilling Disputed in Petitions

By Katarzyna Klimasinska June 9 (Bloomberg) — U.S. approval of a Royal Dutch Shell Plc oil exploration plan for the deep waters of the Gulf of Mexico is illegal and should be withdrawn, environmental groups led by the Natural Resources Defense Council said in petitions. The NRDC and Oakland, California-based Earthjustice, in filings today in [...]

Shell adds to Gulf of Mexico finds

HOUSTON, June 9 (UPI) — Shell said expected production at its Cardamom oil and gas field in the deep waters of the Gulf of Mexico could reach 50,000 barrels of oil equivalent per day. Marvin Odum, upstream director for Shell operations in the Americas, said the estimate bodes well for energy supplies for the United [...]

Shell Makes Final Investment To Develop Cardamom Field

June 8, 2011 LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) has taken the final investment decision for the multi-billion dollar development of its deepwater Cardamom oil and gas field in the Gulf of Mexico, the Anglo-Dutch energy company said Wednesday. “This is another sizable deep-water investment by Shell that strengthens energy supplies to the [...]

Shell’s U.S. Shale Gas May Be Refined Into Diesel, Jet Fuel

By Eduard Gismatullin – May 19, 2011 2:37 PM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, said a $19 billion investment in Qatar may prove that abundant natural gas coaxed from shale rocks across the U.S. could be converted into diesel and jet fuel. Shell, which is completing the world’s largest gas-to- [...]

Shell President Marvin Odum Appears at the Senate Finance Committee Meeting

WASHINGTON, May 12, 2011 /PRNewswire/ — Statement of Marvin E. Odum President, Shell Oil Company (Photo right) SHELL OIL COMPANY ODUM Marvin Odum, president of Shell Oil Company. (PRNewsFoto/Shell Oil Company) WASHINGTON, DC UNITED STATES Chairman Baucus, Ranking Member Hatch, and members of the Committee: I am Marvin Odum, president of Shell Oil Company. Shell [...]

Shell Says Eliminating Oil Tax Breaks Will Affect Supply, Prices

May 12, 2011 9:00 A.M. ET By Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)–As Democrats look to repeal tax breaks given to the oil and gas industry, Royal Dutch Shell PLC (RDSA, RDSA.LN, RDSB, RDSB.LN) President Marvin Odum said in congressional testimony Thursday that lawmakers may think “there is something to gain by [...]

Shell Hopeful on Arctic Permits After U.S. Meeting

Tuesday May 10, 2011 By GUY CHAZAN AND STEPHEN POWER The White House is ratcheting up its involvement in a looming decision on whether to grant Royal Dutch Shell PLC permission to drill for oil off the coast of Alaska, raising the company’s hopes that it can secure the necessary permits for an expensive and [...]

Shell expands Canadian oil sands operation

Published: May 5, 2011 at 8:32 AM CALGARY, Alberta, May 5 (UPI) — The expansion of a production facility processing Canadian oil sands goes a long way toward addressing global energy concerns, Shell said. Shell announced that it started production at its Scotford expansion project that increased the capacity in the region from 100,000 barrels [...]

US not ready for debate on exporting shale gas: Shell official

Washington (Platts)–26Apr2011/533 pm EDT/2133 GMT Shell’s president for US operations on Tuesday called talk of exporting shale gas premature, at least politically. “We’re still waking up to the fact that we have this enormous energy resource in our backyard,” Marvin Odum said at the US Energy Information Administration’s conference in Washington. “It completely changed the [...]

Shell Says Slow U.S. Drill Permits in Alaska ‘Irresponsible’

By Kim Chipman – Apr 26, 2011 9:05 PM GMT+0100 Royal Dutch Shell Plc (RDSA) is being blocked from offshore oil and gas exploration in Alaska by the “irresponsible” delays of federal regulators, said the company’s U.S. president, Marvin Odum. Shell, based in The Hague, has spent more than $2 billion for hundreds of drilling [...]

Shell Expects to Drill in Alaska’s Arctic in 2012

APRIL 15, 2011 By ISABEL ORDONEZ Royal Dutch Shell PLC expects to start drilling in Alaska’s Arctic waters in the summer of next year and have in place an oil-containment system specifically designed for the area ready at the same time, the head of the company’s U.S. operations said Friday. “Our aspiration is to drill [...]

Shell Executives Convert Maximum Allowance of Bonus Into Shares

By Eduard Gismatullin – Feb 7, 2011 6:35 PM GMT+0000 Royal Dutch Shell Plc’s Chief Executive Officer Peter Voser and five other executives agreed to convert the maximum proportion of their bonus into stock. Voser got 50 percent of his 2010 bonus, or the equivalent of 1.875 million euros ($2.55 million), converted into 73,457 class-A [...]

Begich Asks EPA to Swiftly Resolve Shell’s Air Permit Issues

PoliticalNews.me – Jan 29,2011 – In an effort to give Shell Oil the opportunity to move forward in 2011 on exploration in the Beaufort Sea, U.S. Sen. Mark Begich requested Environmental Protection Agency (EPA) Administrator Lisa Jackson swiftly resolve outstanding issues created by the recent Environmental Appeals Board’s (EAB) remand of air quality permits for [...]

Vladimir Putin: Energy Dictator Supreme

By Liz Colad: 23 January 2011 The United States will soon be under the control of a foreign leader.  His name: Vladimir Putin (Photo Right – Photo Credit: Wikipedia) Sound outrageous?  This is common sense—he will have control of the energy fields and the distribution of gas and oil.  He who controls the energy, controls [...]