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Posts Tagged ‘Iraq’

Cost hike on Shell Iraq deal

upstreamonline.com Cost hike on Shell Iraq deal Iraq’s gas deal with supermajor Shell, to capture and exploit associated gas from its giant southern oilfields, is expected to produce 2 billion cubic feet per day and cost $17.2 billion, according to an official agreement summary. Aleya Begum 16 August 2011 09:38 GMT The figures were reported [...]

Why is Shell still present and operating in Syria?

Syrian President Bashar al-Assad. By John Donovan EXTRACT FROM EMAIL WE RECEIVED ON 14 August 2011 In light of US demands on the international community that the EU and others break their ties with Syria, you may wish to investigate why Shell is still present and operating as usual in Syria. Unlike most foreign investors [...]

Iraq initials $12-bln Shell gas deal-sources

* Talks had been stalled since 2008 over legal issues * Gas needed to help with Iraq’s chronic power shortage By Rania El Gamal BAGHDAD, July 12 (Reuters) – Iraq initialled a final contract on Tuesday with Royal Dutch Shell (RDSa.L) and Mitsubishi for a $12 billion deal to capture flared gas at southern oilfields, [...]

Shell accused of supporting Syrian regime

By Daily Mail Reporter Last updated at 10:05 AM on 31st May 2011 Royal Dutch Shell has been accused of working ‘hand in glove’ with the government in Syria where hundreds of unarmed demonstrators have been killed during protests against the regime. The firm chartered a tanker to export almost 600,000 barrels of the country’s [...]

Blood for oil?

In 2003, Shell said rumours that it had met with the government to discuss Iraq’s oil reserves were ‘highly inaccurate’ while then BP chief executive Lord Browne said: ‘It is not in my or BP’s opinion, a war about oil’. Yet Baroness Symons, then the Trade Minister, met with officials from BP, Shell and BG [...]

Secret memos expose link between oil firms and invasion of Iraq

By Paul Bignall Tuesday, 19 April 2011 Plans to exploit Iraq’s oil reserves were discussed by government ministers and the world’s largest oil companies the year before Britain took a leading role in invading Iraq, government documents show. Iraq’s burgeoning oil industry: Click HERE to upload graphic (160k) The papers, revealed here for the first [...]

UK held talks with oil firms before Iraq invasion -paper

LONDON, April 19 | Mon Apr 18, 2011 10:29pm EDT (Reuters) – Britain discussed plans to exploit Iraq’s oil reserves with some of the world’s biggest oil companies five months before it joined the United States in invading the country, the Independent newspaper said on Tuesday. Citing documents it said were obtained under a Freedom [...]

OIL PRICES TO SOAR AS DEMAND KEEPS RISING, SAYS SHELL

Tuesday February 15,2011 By Andrew Johnson, Deputy City Editor OIL prices are set to surge in coming years as supply fails to keep up with burgeoning demand from the booming growth in emerging market economies, Royal Dutch Shell said yesterday. The oil giant’s warning came as the Brent Crude price hit a 28-month high of [...]

Royal Dutch Shell the world’s largest “speculator”

Shell’s search for profits widens even as the oil price climbs • Shell now ‘world’s largest trader’ as well as oil major • Plans to explore in Arctic, Iraq, Russia and deep sea Terry Macalister: Thursday 3 February 2011 20.07 GMT Shell earned the majority of its profits in 2010 not from pump sales, but [...]

WikiLeaks: Oman secret plans to take gas fields away from Royal Dutch Shell

By John Donovan Secret cable from U.S. embassy in Muscat records a meeting in March 2008 between U.S. Admiral William J. Fallon and Sultan Qaboos. During the meeting, the Sultan expressed concerns about Iran and also revealed intent to “boost production by taking smaller and less productive gas fields away from Petroleum Development Oman (PDO) [...]

Iraqi oil reserves looking bullish

Published: Dec. 2, 2010 at 10:39 AM LEXINGTON, Mass., Dec. 2 (UPI) — If all things go according to production plans in Iraq, oil production there could outpace Saudi Arabia within roughly seven years, an analyst said. Supermajors Royal Dutch Shell and Exxon Mobil said they could eventually produce around 2.8 million barrels of oil [...]

Drilling in offshore Alaska Arctic

From a former employee of Shell Oil USA Latest industry estimates are that the new drilling technologies have given and will give the US about 100 years worth of gas reserves from unconventional ‘tight’ shales, sands, carbonates and hydrocarbon ‘source’ rocks. That is about 2500 trillion cubic feet of natural gas. Actual proven reserves are [...]

Halliburton Wins Shell Deal to Develop Majnoon, Aswat Says

By Nayla Razzouk – Nov 25, 2010 8:43 AM GMT+0000 Royal Dutch Shell Plc awarded a one- year contract to Halliburton Co. to help develop the Majnoon oilfield in southern Iraq, the Aswat al-Iraq website said. Halliburton is due to set up operations for 15 new wells, according to an agreement signed Nov. 22, the [...]

Iraq Oil Is ‘Game Changer’

OCTOBER 13, 2010 Production Revival Will Challenge Big Suppliers Like Saudis, IEA Chief Says Reuters: Iraqi police check oil pipelines during a patrol at the Shueiba refinery in the country’s southern province of Basra in August. By GUY CHAZAN The revival in Iraqi oil production will be a “game-changer” for global oil supplies and a [...]

Shell criticizes BP oil spill report, well design

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 [...]