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February 24th, 2009:

Takeover hints at deals to come

No surprise, then, that the same names keep showing up: ExxonMobil, BP, Total, Chevron, Royal Dutch Shell. But that list should also include the national oil companies and the sovereign wealth funds from Asia and the Middle East.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Kazakh oil telling for industry’s future

Campbell Keir, director of Royal Dutch Shell in Kazakhstan, says the offshore Kashagan field is one of the most technically challenging fields in the industry, which may be the future of the energy sector.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nigeria, Shell clinch 1.6 billion-dollar gas deal

ABUJA, Nigeria (AFP) — Nigeria and oil giant Royal Dutch Shell Tuesday announced a 1.6 billion dollar (1.25 billion euro) gas production project in the volatile Niger Delta.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell sees Nigeria Soku gas output restored soon

"Hopefully soon, in the coming weeks, we can bring production back on," Ann Pickard, Shell's regional executive vice president for Africa, told an industry conference in Abuja.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nigeria warned over energy reform plans

Ms Pickard said Shell was in favour of the government’s plan to restructure the NNPC, which is designed to tackle a chronic lack of investment in its joint ventures with Western majors, but said questions over the future shape of the tax regime were hurting new investment.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil majors drag on Footsie amid glum outlook for crude

“We believe the oil sector is entering a steeper and longer downturn than either the oil or equity markets imply and that large-cap oil shares are not as defensive as currently priced,” BarCap’s Tim Whittaker said.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to continue with $31bn plans

Daily Telegraph

23 February 2009

Royal Dutch Shell plans to continue with its $31 bn (£21 bn) investment programme this year despite the collapse in crude oil prices from a record high of $147 a barrel last July. 

Jeroen van der Veer, Shell’s chief executive, said that “for our projects, we never took into account that prices would remain so high for so long”. He added: “All our investments, and the few we postponed, can perfectly withstand current oil prices.” 

The majority of oil companies are pulling back their spending as the fall in crude prices erodes profits. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

BP and Shell hit by talk of cutting dividends

Heavyweight oil majors BP and Royal Dutch Shell came under pressure after broker Barclays Capital raised the prospect of both companies cutting their dividends if the oil price continues to decline.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.