By Nariman Gizitdinov – May 24, 2012 11:02 AM GMT+0100 Eni SpA (ENI), Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc (RDSA) agreed to shoulder the investment costs owed by Kazakhstan’s state energy producer for one of the world’s biggest oil fields this year and next. The international partners, which also include Total SA [...]
Posts Tagged ‘ExxonMobil’
CSNews Reveals This Year’s Top 100 Convenience Stores
By Don Longo: 17 May 2012 JERSEY CITY, N.J. — 7-Eleven Inc. continues to pull away from the pack as the U.S. convenience industry’s largest chain by number of stores. In the past year, the Dallas-based division of Japanese c-store giant Seven & i Holdings Co. widened its store count lead over Big Oil companies [...]
Sugar Cane Grows on Oil as $71 Billion Bet Outspends D.C.
By Ken Wells – May 10, 2012 5:01 AM GMT+0100 BP Plc (BP/) has invested $7 billion in alternative energy since 2005. Exxon Mobil Corp. (XOM) is spending $600 million on a 10-year effort to turn algae into oil. And Royal Dutch Shell Plc (RDSA) has been buying up sugar cane mills, plantations and refineries to make [...]
Shell Net Little Changed, Projects Offset Lower Output
By Eduard Gismatullin – Apr 26, 2012 7:48 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, reported first-quarter earnings that beat estimates and raised a target for asset sales this year. Excluding one-time items and inventory changes, Shell posted profit of $7.28 billion, compared with the $6.7 billion average estimate of eight [...]
Congress, Make Shell Spill Ketchup in the Arctic Before They Drill
Why isn’t the U.S. government telling Shell: “You can only drill in the Chukchi or Beaufort Seas AFTER you prove you can clean up a spill.”
The Coming Boom in Arctic Drilling
By Aimee Duffy: April 10, 2012 Technology is changing the oil exploration and production picture, and one of the biggest impacts will be on Arctic drilling. The U.S. Geological Survey estimates that 25% of the world’s remaining undiscovered conventional oil and gas reserves are located in the Arctic, with most of it in offshore reservoirs. The U.S. [...]
Energy in 2050 — Shell’s Peter Voser
Rich Karlgaard, Forbes Staff This article originally appeared in the Apr. 23, 2012 issue of Forbes magazine. This year will likely be the first time in history that a company tops $500 billion in sales. Two oil companies are good bets to pass the mark: the U.S. ExxonMobil and the U.K.-registered, Netherlands-headquartered Royal Dutch Shell. [...]
Natural Gas Fracking Boom Turns Sour
Shell, which by energy output is now approaching 60% gas, has already backtracked and downsized its shale gas and oil programs… By: Andrew_McKillop Mar 09, 2012 – 09:51 AM Exxon, which by energy output is now 49% gas, failed in its first two efforts to crack gas-rich shale fields in Poland… Shell, which by energy [...]
Shell Bid Starts Race for African Gas Fields Bigger Than Norways: Energy
By Eduard Gismatullin and Fred Pals – Feb 23, 2012 9:45 AM GMT Royal Dutch Shell Plc (RDSA)s $1.6 billion bid for Cove Energy Plc (COV) starts a race to develop natural-gas fields off Mozambiques Indian Ocean coast that may hold more than Norways entire reserves. Winning Cove would give Shell an 8.5 percent stake [...]
Debate continues on Big Oil’s big profits
February 7, 2012, 2:23 p.m The five so-called “super major” oil companies — Exxon Mobil, Royal Dutch Shell, ConocoPhillips, Chevron and BP– have just wrapped up their fourth quarter earnings reports, but not without inspiring disdain over how they made those billions in profits and over what they were doing with them. Under the title [...]
Shell Earnings Decline on Lower Gas Prices
By Eduard Gismatullin – Feb 2, 2012 8:02 AM GMT Royal Dutch Shell Plc (RDSA), Europes biggest oil company, expects to raise its dividend this year for the first time since 2009 as new projects generate more cash. Shell plans net capital investment of $30 billion, with cashflow from operations in 2012-2015 expected to be [...]
Sakhalin-2 News
Gazprom Expansion of Sakhalin-2 LNG Plant May Cost $7 Billion January 30, 2012, 5:20 AM EST By Jake Rudnitsky Jan. 30 (Bloomberg) — OAO Gazprom and its partners in the Sakhalin-2 project may decide on expanding their liquefied natural gas plant this year, to add supplies by 2018, said Andrey Galaev, the ventures chief executive [...]
Oil Grab in Falkland Islands Seen Tripling U.K. Reserves: Energy
The worlds largest oil companies like Exxon Mobil Corp. and Royal Dutch Shell Plc face a dilemma: whether the potential of a virgin basin outweighs the risk of a worsening international dispute. January 25, 2012, 7:20 AM EST By Brian Swint Jan. 19 (Bloomberg) — Thirty years after Margaret Thatcher fought a 74-day war with [...]
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, [...]
Refiners, Union Leaders to Begin Contract Negotiations Next Week
By Barbara Powell – Jan 13, 2012 1:22 PM GMT Royal Dutch Shell Plc (RDSA) and leaders of the union representing workers at 69 U.S. oil refineries will begin negotiating a new three-year labor contract Jan. 17 to avoid a work stoppage that could disrupt plant operations. The current contract between oil refiners and 30,000 [...]


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