Shell’s two drilling vessels and 35 support vessels earmarked for drilling in the Beaufort and Chukchi seas this year are either in Alaska or are on their way… Shell fleet on the move Company executive confirms assets for Arctic Alaska drilling are being mobilized By Alan Bailey Shell’s two drilling vessels and 35 support vessels [...]
Posts under ‘Simon Henry’
Shell Takes Aim at Biggest Prize in Energy
April 26, 2012, 1:15 PM GM By James Herron Shell is moving ahead with plans to build plants in the U.S. that could convert dirt cheap natural gas into high-valued diesel fuel, hoping to profit from an almost tenfold mark-up in prices that many analysts say is the biggest prize in the world of energy [...]
Shell Boosts Asset Sales, Posts Consensus-Beating Profit
By Alexis Flynn Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) Thursday raised the amount of asset sales it plans for this year as it posted consensus-beating adjusted profit for the first quarter due to high oil prices and a small increase in its production. The results marked a return to form [...]
Motiva Port Arthur refinery becomes U.S. largest -Shell
Thu Apr 26, 2012 12:27pm EDT By Jeffrey Kerr (Reuters) – Royal Dutch Shell Plc and Saudi Aramco became co-owners of the largest U.S. refinery on Thursday when a new crude distillation unit at their joint-venture Motiva Enterprises Port Arthur, Texas, plant received oil for the first time, said Shell’s Chief Financial Officer. The 325,000 [...]
Shell looks at Gulf states gas-to-liquids sites
NEW YORK, April 26 | Thu Apr 26, 2012 9:42am EDT Reuters) – Royal Dutch Shell CFO Simon Henry said on Thursday that Shell was looking at brownfield sites in Louisiana and Texas for the construction of a possible gas-to-liquids plant. Henry said an investment decision was a long way off and would likely not [...]
Shell bullish on China shale gas
Thu Apr 26, 2012 7:40am EDT * Shale gas seen economic in China * Govt policy, not geology more likely to determine pace By Tom Bergin LONDON, April 26 (Reuters) – Royal Dutch Shell gave a bullish outlook for the development of shale gas in China on Thursday, saying the Anglo-Dutch oil major’s drilling there [...]
Australia LNG Boom Threatened by U.S. Shale Exporters
By Eduard Gismatullin – Apr 26, 2012 1:10 PM GMT+0100 Royal Dutch Shell Plc (RDSA) and PetroChina Co. are designing a liquefied natural gas plant in Australia with capacity of about 9 million metric tons a year that Deutsche Bank AG says will cost more than $20 billion. Arrow Energy Ltd., the partners’ Brisbane-based venture, [...]
Shell steps up gas production, despite North American hurdles
Shawn Mccarthy GLOBAL ENERGY REPORTER, OTTAWA From Monday’s Globe and Mail 19 March 2012 Royal Dutch Shell PLC is doubling-down on its natural gas bet, despite a depressed North American market that has seen many producers shut in production. The international oil company is the worlds premier gas company, producing and shipping more of [...]
Shell bosses cash in with shares plan sharing £54.5m between 19 senior staff
By Rob Davies PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012 Shells top brass doubled their money in 2011 as the firms performance triggered generous share awards under an incentive scheme that has since been scrapped. Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension [...]
Royal Dutch Shell attempt to undermine anti-corruption initiative
Royal Dutch Shell has taken action in an attempt to neutralize planned anti-corruption transparency rules that would force Shell, and other natural resource companies, to disclose all payments to foreign regimes. By John Donovan The Financial Times reports that Royal Dutch Shell has taken action in an attempt to neutralize planned anti-corruption transparency rules that [...]
Shell to sell 24% stake in Woodside
The share price of oil and gas firm Woodside dipped on Friday after oil major Shell announced it would sell its stake in the Australian company. By: Esmarie Swanepoel 3rd February 2012 PERTH (miningweekly.com) The share price of oil and gas firm Woodside dipped on Friday after oil major Shell announced it would sell [...]
Shell Losing $1 Billion a Year on U.S. Gulf Drilling Delays
February 02, 2012, 1:20 PM EST By Eduard Gismatullin Feb. 2 (Bloomberg) — Royal Dutch Shell Plc, Europes largest oil company, is losing about $1 billion a year from drilling delays in the Gulf of Mexico since the 2010 Macondo disaster. Shells production in the region will be curbed by about 50,000 barrels of oil [...]
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 sees large global oil refining surplus
Thu Feb 2, 2012 9:13am EST * Shell says global refining surplus of 6 million barrels * Predicts more refinery closures in Europe * Shell made Q4 loss from oil refining and marketing By Alex Lawler LONDON, Feb 2 (Reuters) – Royal Dutch Shell said on Thursday the global oil refining industry is facing about [...]


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