Shell and Exxon Mobil Corp. are preparing to keep their U.S. plants running in a walkout, using managers and other non-union employees to keep sites operating
January 31st, 2009:
Refiners, Workers Resume Contract Talks; Strike Looms
SHELL SHARES RISE AS FIRM PUMPS IN £21BN
Shell hopes there might be new opportunities in countries such as Iran because US president Barack Obamas election is pursuing a less hard line with the country than George Bush. Iran has some of the largest reserves of gas in the world, said van der Veer.
RNLI station and Belmullet GAA first recipients of Shell’s local investment
SHELL E&P Ireland has initiated a new 5 million investment fund over three years in north Mayo as part of its commitment to the Corrib gas project. The Royal National Lifeboat Institution (RNLI) and Belmullet GAA are to be recipients of the first tranche of funding of 400,000 in total.
IRELAND: SITTING ON A FORTUNE; EXCLUSIVE EUR5trillion Oil Field Could Defeat Recession but Gloom Grows
Further north lies Corrib, Co Mayo, which has an estimated value of anywhere between EUR6billion to EUR50billion. The field - which has been the scene of much controversy - is being developed by Shell, Marathon and Statoil.
Rumours about Motiva Plant Expansion in Port Arthur Texas
On 19 January disturbing rumours over the Motiva Plant expansion in Port Arthur Texas were brought to our attention. Motiva Enterprises LLC is jointly owned by Saudi Refining and Shell.
CNBC: Shell gets tough on costs as oil prices bite
Brinded said Shell had a "dreadful start" to this year after 10 contractors and one third party were killed in three incidents...
Exxon Roars To Record In Oil Slump
Exxon Mobil's strong financial position has fueled speculation that it might bid to acquire another sizable company. "They don't need a line of credit," Gheit said. "Exxon can theoretically acquire any of its rivals with 35 percent premium, and they can boost earnings per share, cash flow per share and stock valuation because of their ability to squeeze out costs."
Shell Grounds Fleet of Helicopters Amid Probe
Oil industry officials and air safety experts said Shell's decision is one of the rare instances when a major user or operator has temporarily halted flights of such a large number of the popular, 12-person choppers. The Sikorsky spokesman said Shell continues to use the models in other parts of the world.