The oil giant handles budgets and projects of a size that would daunt nation states. The difference is that it need answer to no one and it’s running a huge surplus Posted by Terry Macalister Thursday 27 October 2011 13.08 BST The Guardian Shell: ‘ticking like a Swiss watch’. Photograph: Leon Neal/AFP/Getty Images What [...]
Posts Tagged ‘Oil Prices’
Shell Reports Higher Q3 Earnings on Oil Prices
By Eduard Gismatullin – Oct 27, 2011 8:25 AM GMT+0100 Royal Dutch Shell Plc, Europes biggest oil company, said third-quarter profit doubled as energy prices rose and it ramped up projects from Qatar to Canada. Net income increased to $7 billion from $3.5 billion a year earlier, The Hague-based Shell said today in a statement. [...]
Shell’s Q3 profits soar on higher oil price
(Reuters) – Royal Dutch Shell Plc (RDSa.L) reported a doubling in profits on Thursday thanks to higher oil prices, robust demand for gas and stronger refining margins, and said it would continue to sell off non-core assets. Europe’s largest oil company by market value said it’s current cost of supply (CCS) net income was $7.2 [...]
Oil Price Volatility Will Remain for Next Decade, Peter Voser Says
BUSINESS CHINA 11 Oct 2011 5 Questions with Shell CEO Peter Voser Q. At SIEW 2011, you will be speaking on the future of energy. Can you provide us with a sneak preview on where you see the future of energy? A: The global energy system is in the early stages of a historic transformation. [...]
ROYAL DUTCH SHELL SKULLDUGGERY IN NIGERIA
By John Donovan We have been reporting for some time about Shell skullduggery in Nigeria, including: Shell’s sinister commercial relationship with militant leaders carrying out attacks against Shell employees and pipelines arming Nigerian police spies embedding Shell spies throughout the Nigerian government engaging in massive corruption Our sources have included Wiki-leaks, a senior manager inside [...]
New report exposes Shell complicity in Nigerian human rights abuses
Graphics from the Guardian article: Unloveable Shell, the Goddess of Oil By John Donovan Monday, 3 October 2011 Shell fueled human rights abuses in Nigeria by paying huge contracts to armed militants, according to a new report published today by Platform and a coalition of NGOs and featured in The Guardian. This evening we received [...]
Shell fuelled human rights abuses in Nigeria – NGO
Mon Oct 3, 2011 6:39pm BST * Shell funded clashing armed gangs – watchdog report * Oil major denies it caused any human rights abuses * Company is selling off Nigerian oil blocks By Joe Brock ABUJA, Oct 3 (Reuters) – An industry watchdog accused Royal Dutch Shell (RDSa.L) on Monday of funding armed gangs [...]
Shell accused of fuelling violence in Nigeria by paying rival militant gangs
Oil company rejects watchdog’s claims that its local contracts made it complicit in the killing of civilians David Smith The Guardian, Monday 3 October 2011 Militants of the Movement for the Emancipation of the Niger Delta travelling between camps. Photograph: Veronique de Viguerie/Getty Images Shell has fuelled armed conflict in Nigeria by paying hundreds of [...]
Shell chief warns of era of energy volatility
Financial Times By Ed Crooks in New York Published: September 21 2011 23:40 Extracts Oil and gas supplies will struggle to keep up with world demand growth, making energy prices more expensive and more volatile in the long term, the head of Europes largest oil company has warned. Peter Voser, the chief executive of Royal [...]
Employee safety advice to Shell ‘bean counter’, Peter Voser
COMMENTS FROM RETIRED ROYAL DUTCH SHELL GROUP HSE AUDITOR, BILL CAMPBELL (RIGHT) RELATING TO THE ARTICLE: HSE feared a catastrophe at Brent C platform Learning after the event is a recipe for Disaster Maybe its because he is a bean counter but Peter Voser does not seem to understand that risks need to be controlled [...]
SHELL £5BN JACKPOT
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£5bn for Shell as fuel goes sky high
By STEVE HAWKES Business Editor SHELL revealed profits of £37,347 a MINUTE yesterday – as petrol prices soared back to within a PENNY of record levels. The oil giant raked in an incredible £4.9billion from April to June – up 77 per cent on last year. Chief executive Peter Voser insisted the petrol price rise [...]
Profits soar at Shell
Oil group unveils earnings of nearly £5bn for the last quarter Terry Macalister Thursday 28 July 2011 19.12 BST Profits at Shell soared 77% to nearly £5bn in the last three months, but the oil group said there was little chance of lower prices for motorists, with energy prices due to rise even further in [...]
Shell profits jump 77% on higher oil prices
28 July 2011 Last updated at 14:16 Oil giant Royal Dutch Shell has reported a 77% jump in second-quarter profit, thanks to higher energy prices. Shell’s profit for the three months to June came in at $8bn (£4.9bn) on a current cost of supplies basis, up from $4.5bn in the same period last year. Though [...]
Shell Reports Higher Earnings on Oil Prices
Jason Alden/Bloomberg: A Shell station in London, U.K. Shell posted adjusted earnings of $6.6 billion, matching the mean estimate of nine analysts surveyed by Bloomberg. By Eduard Gismatullin – Jul 28, 2011 8:47 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europes biggest oil company, said second-quarter earnings almost doubled on higher oil prices and project [...]


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