Posts under ‘Thomson Reuters’

COMMENT POSTED ON OUR SHELL BLOG 12 JUNE 2012 Texvette: Is anyone surprised with the current issues with the new crude unit at Port Arthur. Word has it that: 1) the problems are much more severe than being reported, and 2) this is just “the tip of the iceberg”. Some wonder if the new $13 [...]

WASHINGTON, Feb 28 (Reuters) – A number of Supreme Court justices expressed skepticism on Tuesday that corporations can be sued in the United States for alleged complicity in human rights abuses abroad, a case with important financial, legal and international implications. The high court during arguments considered limiting the reach of a 1789 U.S. law [...]

WASHINGTON, Jan 17, 2012 (Reuters) – Royal Dutch Shell has paid $25 million to the U.S. government to resolve claims that the company underpaid royalties on federal offshore oil and gas leases, the U.S. Interior Department said on Tuesday. WASHINGTON, Jan 17, 2012 (Reuters) – Royal Dutch Shell has paid $25 million to the U.S. [...]

By Akintunde Akinleye: OROBIRI, Nigeria | Sun Jan 1, 2012 2:05pm EST (Reuters) – Nigerian villagers say oil washing up on the coast comes from a Royal Dutch Shell loading accident last month that caused the biggest spill in Africa’s top producer in more than 13 years. Shell denies that any of the oil is [...]

By Ayesha Rascoe WASHINGTON | Wed Jun 22, 2011 2:54pm EDT (Reuters) – The House of Representatives began debating legislation on Wednesday that would speed up approvals for drilling in the Arctic while removing regulatory hurdles that have stymied development of the area’s vast oil and gas resources. The bill, which could sail through the [...]

BEIJING, March 20 (Reuters) – Royal Dutch Shell (RDSa.L: Quote) is drilling 17 wells in China, including for tight gas and shale gas, Chief Executive Peter Voser told Reuters on Sunday. If the drilling is successful, Shell aims to spend $1 billion a year over the next five years on shale gas in China, he [...]

Mon Feb 21, 2011 6:22am EST * Statoil, Shell, BP plan evacuations as unrest spreads * Repsol, Eni say oil production unaffected LONDON, Feb 21 (Reuters) – European oil and gas companies have evacuated staff and suspended drilling preparations in Libya as violence spreads across the north African country. Norway’s Statoil, Austria’s OMV and Royal [...]

By Indulal P.M. MUMBAI | Thu Feb 17, 2011 11:09am IST (Reuters) – Indian refiner Essar Oil is set to buy Royal Dutch Shell’s Stanlow refinery in the United Kingdom for about $350 million to $400 million, two sources with direct knowledge of the development told Reuters. The two companies have agreed on the terms [...]

Sun Jan 9, 2011 2:25pm GMT LONDON (Reuters) – At least 18 consortia are working on bids for Nigerian oil rights being sold by Royal Dutch Shell and partners, the Sunday Times newspaper said, citing unidentified sources close to the process. The newspaper said Nat Rothschild, scion of the banking dynasty, was backing one group [...]

HOUSTON | Tue Dec 21, 2010 3:21pm GMT HOUSTON Dec 21 (Reuters) – Royal Dutch Shell (RDSa.L) said on Tuesday that there was no fire at its joint-venture Motiva Enterprises LLC 235,000 barrel-per-day (bpd) refinery in Convent, Louisiana, on Monday. A Shell spokesman said a unit that helps production of transportation fuels “experienced an upset [...]

Tue Dec 21, 2010 1:17pm GMT * Essar makes bid, given deadline to make firm offer * Shell will withdraw plant from sale if no deal * Shell continues to withdraw from European refining By Tom Bergin LONDON, Dec 21 (Reuters) – Royal Dutch Shell Plc has told employees at its Stanlow refinery that India’s [...]

Wed Dec 1, 2010 10:53pm GMT * Shell Alaska drill permit being considered * Shell says plans to drill in 2011 * Administration may allow Alaska lease sales from 2012 By Yereth Rosen ANCHORAGE, Alaska, Dec 1 (Reuters) – Royal Dutch Shell (RDSa.L: Quote), which has invested over $3.5 billion since 2005 in a program [...]

SYDNEY Nov 8 (Reuters) – Oil company Royal Dutch Shell Plc plans to sell down about a third of its stake in Australia’s largest oil and gas company, Woodside Petroleum, the UK-listed company said on Monday. Shell said it was selling 10 percent of Woodside at A$42.23 per share in a sale underwritten by UBS, [...]

Shell studies oil trade impact of EU Iran sanctions By Alex Lawler LONDON | Thu Oct 28, 2010 7:47am EDT (Reuters) – Royal Dutch Shell Plc (RDSa.L) said it would assess any impact of European sanctions on its oil trade with Iran and had stopped some activities there following tougher U.S. measures earlier this year. [...]

By Tom Bergin LONDON | Tue Oct 12, 2010 7:23am EDT LONDON (Reuters) – The chief executive of Royal Dutch Shell Plc (RDSa.L) criticized the investigation that rival BP Plc (BP.L) conducted into the causes of its Gulf of Mexico oil spill, and the design BP chose for its blown out well. Peter Voser said [...]