March 14, 2012, 12:23 p.m. EDT By Benoit Faucon KUWAIT CITY -(MarketWatch)- Royal Dutch Shell PLC RDS.B -1.30% and Total SA TOT -2.68% are no longer lifting Iranian oil crude in Europe due to sanctions, the country’s oil minister said Wednesday. Speaking to reporters on the side of an energy meeting here, Rostam Ghasemi said: [...]
Posts under ‘The Wall Street Journal’
Royal Dutch Shell Remains Confident on Alaska Drilling
March 7, 2012 By Isabel Ordonez HOUSTON Royal Dutch Shell remains confident it will be able to start exploring for oil in the Arctic Ocean off the coast of Alaska this summer, the companys Executive Vice President for Exploration David Lawrence said Wednesday. As long we continue to meet critical milestones we will drill [...]
Justices to Weigh Foreigners’ Lawsuits
By JESS BRAVIN The Supreme Court indicated Monday that it may scale back an 18th-century federal law that permits foreigners to sue in U.S. courts over violations of international law. Last week, the justices heard arguments over whether the Alien Tort Statute, passed by Congress in 1789, allows suits against corporations. The case involves Nigerian [...]
Bribery of Nigerian officials fueled by ambition, ego and alcohol
Mr. Stanley was sentenced to 2½ years in prison, three years after he pleaded guilty to orchestrating $180 million in bribes to Nigerian officials between 1995 and 2004. He oversaw the bribes and made several trips to Nigeria to meet with senior officials where his role, according to federal prosecutors, was to figure out who to bribe.
Royal Dutch Shell Gets Comfortable in Papua New Guinea
FEBRUARY 9, 2012 By David Winning Royal Dutch Shell is getting serious in its pursuit of a piece of Papua New Guineas oil and gas wealth. Around six months after signing a strategic alliance with Papua New Guineas state oil company, the Anglo-Dutch oil major is setting up a representative office in the impoverished Southeast [...]
Royal Dutch Shell downgraded
Extract from “Today’s Top Equity Ratings Changes” By Andrea Tryphonides Another week begins and we are here to guide you through the top rating changes in Europe Monday: Firstly Credit Suisse has downgraded Royal Dutch Shell to neutral from outperform following the companys fourth quarter results released on Feb. 2. The brokerage highlights lower [...]
Pemex Seeks to Add Conoco, Shell Subsidiaries to Suit
By LAURENCE ILIFF MEXICO CITYMexican oil company Petroleos Mexicanos has filed a motion to add ConocoPhillips and subsidiaries of Royal Dutch Shell PLC to a 2010 suit in U.S. federal court that seeks damages against companies that had allegedly purchased natural-gas condensate that Pemex said was stolen from its operations in northern Mexico. In a [...]
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 [...]
Can Big Oil Repeat Its Big Year?
JANUARY 23, 2012 By LIAM DENNING Even today, $1.67 trillion is a lot of money. That is the amount wiped off the combined market capitalization of the top 50 energy companies between the end of 2007 and the end of 2011. Breaking it down offers big clues on Big Oil’s prospects for 2012. Every year, [...]
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 [...]
Europe’s Oil Firms Cook Up a Treat
JANUARY 12, 2012 By ALEXIS FLYNN European energy companies are expected to return more money to shareholders in 2012 as stubbornly high oil prices swell their balance sheets. With full-year results only weeks away, expectations are growing that heavyweights like Royal Dutch Shell will cap an extraordinary 12 months by raising dividends. According to Deutsche [...]
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 [...]
Casey lobbies Shell to build chemical plant in Pa.
JANUARY 11, 2012 Associated Press HARRISBURG, Pa. U.S. Sen. Bob Casey on Wednesday wrote to a Shell executive in hopes of persuading the oil and gas giant to choose a Pennsylvania site to build a huge new chemical plant that could mean thousands of new jobs and millions of tax dollars for the state. [...]
Shell Reports Piping Leak At Deer Park, Texas, Refinery
JANUARY 10, 2012, 6:10 P.M. ET NEW YORK -(Dow Jones)-Royal Dutch Shell PLC (RDSA, RDSA.LN) Tuesday reported an emissions event caused by a leak in overhead piping at the company’s joint-venture refinery in Deer Park, Texas. In a filing to Texas state environmental regulators, the company said the emissions were routed to the appropriate safety [...]
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 [...]


Shell Blog RSS Feed