“…sold for a song by accident-prone Royal Dutch Shell yielded Cairn one of the country’s largest-ever finds and catapulted it into the FTSE 100.” SUNDAY TELEGRAPH Cairn shareholders set for £1bn windfall when Indian oil fields are sold to Vedanta Shareholders in Cairn Energy are in line for a windfall of at least £1bn, with [...]
Posts Tagged ‘India’
Anger grows across the world at the real price of ‘frontier oil’
Far from the Gulf of Mexico, campaigners are accusing energy companies of destroying land and livelihoods in the search for increasingly scarce resources A woman hurries away from the heat of a gas flare near a flow station belonging to Shell in Warri, Nigeria. Photograph: George Osodi/AP Richard Wachman and John Stibbs Sunday 20 June [...]
Shell to Seek 800 Million-Euro Offers for LPG Unit
By Anne-Sylvaine Chassany and Fred Pals Feb. 23 (Bloomberg) — Royal Dutch Shell Plc, which is seeking to focus on exploration and production, may sell its liquefied petroleum gas distribution unit, four people with knowledge of the plan said. Shell hired Credit Suisse Group AG to manage a sale of the division, which is valued [...]
Indian Energy Firms Pursue Assets Abroad
Following on its international acquisitions in steel and outsourcing in recent years, Essar is in talks with Shell to pay as much as $1 billion for three oil refineries in the U.K. and Germany, people close to the situation say. Last year, the company bought out the 50% stake that Shell, BP PLC and Chevron Corp. owned in a major refinery in Kenya.
Essar Oil hit by a steep fall in crude-oil prices
Essar, which plans to have a refining capacity of one million barrels a day, is in talks to buy three European refineries from Royal Dutch Shell PLC. In July, Essar acquired a 50% stake in 80,000-barrel-a-day Mombasa- based Kenya Petroleum Refineries Ltd. from Shell, Chevron Corp. and BP PLC.
Leaked Shell internal documents reveal undisclosed transfer of jobs from U.S. and Canada to India
By BRETT CLANTON Copyright 2009 Houston Chronicle (NOW WITH AN ADDED COMMENT FROM “JO BLOW”) Dec. 15, 2009, 8:40PM Shell shipping Houston jobs overseas Royal Dutch Shell has publicly announced it will slash 5,000 jobs by year endincluding hundreds in Houstonas part of a sweeping reorganization new CEO Peter Voser said is needed to make [...]
Essar Oil says Shell talks exclusive till Nov 30
NEW DELHI, Nov 3 (Reuters) – India’s Essar Oil (ESRO.BO) said on Tuesday its exclusive talks with Royal Dutch Shell Plc (RDSa.L) to buy three of the global oil major’s European refineries will run until Nov 30.
European oil refineries sold and up for sale
Sources said Essar submitted bids for Royal Dutch Shell’s Stanlow.
Shell Blog Posting: The world’s biggest polluters are China, India and America, not Shell
SHELL BLOG POSTING MUSAINT: Greenpeace & Friends of the Earth describe Shell “as the most polluting oil company”. Does this : (i) take into account that Shell is a larger worldwide operator than most? and (ii) take account that Shell has partners in most ventures? (i.e. is their partners % deducted from Shell’s numbers?). I [...]
Oilcos get Shell shock on plant lift contract
Public sector companies are not allowed to award contracts to any entity without inviting open tenders. ET had reported on April 2 that the government was examining irregularities in awarding refinery upgradation contracts to Shell Global Solutions.
Reliance Likely to Buy LNG from Shell
MUMBAI — Reliance Industries Ltd., India’s biggest private refiner by capacity, is likely to sign an agreement with a group company of Royal Dutch Shell PLC to buy up to 4 million standard cubic meters per day of liquefied natural gas for two months, three persons familiar with the matter said.
India’s IOC, Shell eye Reliance pumps stake -paper
MUMBAI, March 20 (Reuters) – Indian Oil Corp (IOC.BO) and the Indian unit of Royal Dutch Shell (RDSa.L) are front runners for buying a 50 percent stake in Reliance Industries’ (RELI.BO) retail fuel business, the Economic Times said on Friday.
Shell looks to expand retail footprint in India
Royal Dutch Shell has announced plans to expand its retail presence in India in 2009, as the Indian government plans to introduce a market-led pricing regime for petrol and diesel, according to PetrolWorld.
Shell’s India arm buys LNG from Australia project
NEW DELHI, Jan 7 (Reuters) – The Indian arm of Royal Dutch Shell has bought 80 million cubic metres of liquified natural gas from Australia’s Northwest Shelf project at $9.06 per mmbtu, an industry source told reporters on Wednesday.
India’s ONGC Fights to Keep Up
Around the same time, Angola rejected plans by Royal Dutch Shell PLC to sell its half of a project to ONGC, instead ordering Shell to sell to Chinese interests.


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