HOUSTON, Feb. 2 /PRNewswire/ -- Shell subsidiary, Shell Energy North America (US), L.P. today announced it has closed its acquisition of the assets of Enspire Energy, LLC, a Virginia-based energy marketing company that serves customers throughout the Mid-Atlantic United States.
February 2nd, 2009:
Shell Energy North America Closes on Acquisition of Enspire Energy’s Assets
ARGUS downgrades Royal Dutch Shell plc (NYSE: RDS.A) from Buy to Hold
ARGUS analyst says, "The company's production guidance for 2009 was disappointing, and we are concerned about the impact of its higher-cost resource base on profitability and cash flow.
Shell Temporarily Grounds Sikorskys Amid Probe After Helicopter Crash
In an unusual move prompted by concerns about the safety of a widely used model of Sikorsky helicopter, Royal Dutch Shell PLC's U.S. unit has temporarily grounded a fleet of the choppers, and instead is relying on boats to take most workers to and from oil platforms in the Gulf of Mexico.
UK’s wildcat strikes prompt Italian threat
Mr Lombardo said he would not hesitate to break off negotiations with Shell over the proposed construction of a natural gas plant in Sicily.
Since Shell is in a consortium with Erg, Italy's largest independent refiner, Mr Lombardo's threats would seem to be mostly rhetoric.
Oil Is Steady Amid Concerns of U.S. Refinery Strikes, OPEC Cuts
The labor group didnt receive any new proposals from Royal Dutch Shell Plc yesterday, Lynne Baker, a spokeswoman for the United Steelworkers union, said in an e-mail. Both parties continue to discuss bargaining issues, she said, without giving details.
Bahrain, Shell agree to study gas supply, imports
MANAMA, Feb 2 (Reuters) - Bahrain and Royal Dutch Shell (RDSa.L) on Monday signed an agreement to study gas imports to meet the kingdom's growing demand.
SFO scarred by BAE Systems, Al-Yamamah, Saudi Arabia corruption scandal (in which Shell played a key role)
Serious Fraud Office: "...attempting to rebuild internal and external confidence in an organisation scarred by the enforced withdrawal, on Government instructions, of its investigation into bribery allegations swirling around BAE Systems and its Al-Yamamah contract with Saudi Arabia."
Australian Investment Projects Drop for First Time Since 2004
Projects that have been shelved over the past few months include Royal Dutch Shell Plc and Anglo American Plc delaying a A$5 billion development in Victoria state to convert coal to clean fuels