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Posts Tagged ‘Dow Jones Newswires’

Shell Chairman: Floating LNG Is A Game Changer For Offshore Gas

By James Herron Published October 18, 2011| Dow Jones Newswires PARIS -(Dow Jones)- Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels will prove to be a game changer for the offshore gas industry, said the company’s Chairman, Jorma Ollila Tuesday. “This game-changing technology will substantially [...]

Shell May Face Prosecution For North Sea Spill – UK Minister

By Alexis Flynn Published September 15, 2011 Dow Jones Newswires LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) may be prosecuted for the U.K.’s worst oil spill in a decade after Energy and Climate Change Secretary Chris Huhne confirmed an investigation into a 10-day leak from the oil major’s Gannet Alpha platform last month will [...]

Shell Brent Charlie Platform Shut-In Since July – Regulator

“A prohibition notice was served on Shell July 1 over hydrocarbon release issues on the Brent C platform. The rig is currently ‘shut in’… SEPTEMBER 14, 2011 LONDON (Dow Jones)–The U.K. offshore regulator issued Royal Dutch Shell PLC (RDSA.LN) with two warnings in July for safety incidents at its aged Brent Charlie platform in the [...]

UK Offshore Regulator Mulls Naming North Sea Spill Offenders

The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to change the way it publishes information on leaks and other incidents, amid criticism of a lack of transparency around Royal Dutch Shell PLC’s recent spill at the Gannet Alpha platform. By Alexis Flynn Published September [...]

Shell CEO: Company ‘Learned’ From Russian Experience -Report

By London Bureau Published July 08, 2011 Dow Jones Newswires LONDON -(Dow Jones)- Anglo-Dutch oil giant Royal Dutch Shell PLC will take lessons it learned from past negative experiences in Russia to aid it in future, Chief Executive Peter Voser said in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday. When [...]

Shell Executive: No Emergency To Warrant Release From Oil Reserve

June 30, 2011 HOUSTON -(Dow Jones)- There was no emergency in oil markets to warrant the globally coordinated oil release announced last week, a top executive from oil giant Royal Dutch Shell PLC (RDSA) said Thursday. “That oil is there for emergency purposes. Do I consider now an emergency? I have to say I don’t,” [...]

OPEC Cuts Biting Into Oil Cos’ Output Growth Areas

In early November, Anglo-Dutch Royal Dutch Shell PLC, the world’s second largest oil company, was the first to disclose it was hurt by an OPEC cut, when it called force majeure on some of its Nigerian crude exports

Shell International Finance sold largest deal of the day on Bond Market

On the non-guaranteed side of the market, Shell International Finance, the financing arm of energy giant Royal Dutch Shell PLC (RDSA), sold the largest deal of the day. Its 30-year issue was sold at a risk premium of 325 basis points over Treasurys, according to an investor. Shell is raising funds for general corporate purposes.