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March 19th, 2010:

Shell defends its operations in oil sands

Carrie Tait, Financial Post Published: Friday, March 19, 2010


Courtesy of Royal Dutch Shell Royal Dutch Shell PLC, under pressure from a small group of shareholders, has responded to critics’ concerns with a report detailing its activity in Alberta’s oil sands.

Royal Dutch Shell PLC, under pressure from a small group of shareholders, has responded to critics’ concerns with a report detailing its activity in Alberta’s oil sands.

Shell said it published the 17-page report because it shares many of the same environmental and economic worries expressed by the shareholders who are demanding the oil and gas giant provide greater transparency with respect to its operations in northern Alberta.
read more

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Shell, Nexen make big find in Gulf of Mexico

LONDON, March 19 (Reuters) – Royal Dutch Shell (RDSa.L) and Canadian oil explorer Nexen Inc (NXY.TO) said they had made a “significant” discovery in the Gulf of Mexico, the latest in a string of big finds in the Gulf in the past year.

The companies said in statements on Friday that they had made the discovery at the Appomattox prospect in Mississippi Canyon blocks 391 and 392.

The companies added that the find lifted confidence in other unexplored sites in the area.

“The Appomattox discovery confirms our confidence in the play and provides a strong basis to evaluate the remainder of our significant acreage position in the Eastern Gulf of Mexico,” Nexen Chief Executive Marvin Romanow said. read more

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Shell Sells Debt

THE WALL STREET JOURNAL

MARCH 18, 2010

By ROMY VARGHESE

Hartford Financial Services Group Inc. offered its first corporate bond deal since 2008 as part of its plan to repay federal bailout funds, joining Shell and other borrowers tapping investor demand for new debt Thursday.

Shell International Finance, the finance arm of Royal Dutch Shell PLC, was marketing $4.25 billion in high-grade bonds, tying for the sixth-largest deal so far this year, according to Dealogic.

—Prabha Natarajan contributed to this article.

Write to Romy Varghese at [email protected] read more

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Shell makes deep oil strike in Gulf of Mexico

Associated Press, 03.19.10, 08:03 AM EDT

AMSTERDAM — Royal Dutch Shell PLC says it has made a significant discovery of oil 25,000 feet below the surface in the Gulf of Mexico. 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.

Shell continues to wreck lives, act unethical and bulldoze people

FROM A SHELL INSIDER

May you please tell this story to the world, of how Shell continues to wreck lives, act unethical and bulldoze people. I have had this story a number of times but never believed it, cause I am part of this company but I have since seen the light.

It is common to hear that Shell doesnt need to be in South Africa because in fact we might pull out as we did in Ethiopia, Swaziland, Moz, Zim, … you get the picture. We are consolidating and looking more into our Upstream business as opposed to Downstream, hence the recent massive job cuts of downstream business. 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.

Takeover Target Arrow Halts Shares

THE WALL STREET JOURNAL

By ROSS KELLY and CYNTHIA KOONS

FRIDAY MARCH 19, 2010, 2:00 A.M. ET

SYDNEY—Arrow Energy Ltd. has yet to strike an agreement with Royal Dutch Shell PLC and PetroChina Co. on a takeover offer, people familiar with the matter said Friday amid mounting speculation of a sweetened offer from the pair.

“There is no agreement at this point,” one person said.

It has been nearly two weeks since Royal Dutch Shell and PetroChina offered 3.3 billion Australian dollars (US$3.0 billion) for Arrow’s Australian operations. The continuation of talks may cool speculation that an Arrow-endorsed deal is imminent. 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.

Arrow close to deal with Shell on higher bid: report

Thu Mar 18, 2010 5:55pm EDT

(Reuters) – Royal Dutch Shell (RDSa.L) and PetroChina (0857.HK) are close to an agreed deal with Australia’s Arrow Energy Ltd (AOE.AX) to lift their A$3.3 billion ($3.05 billion) takeover offer, an Australian newspaper said.

The Australian Financial Review said in an unsourced report on Friday that the companies could announced a deal as soon as Friday, which could be higher than their March 8 offer for A$4.45 in cash per share Arrow share plus a share in a new entity holding its international business. 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.

New Issue-Shell Intl Finance sells $4.25 bln of debt

REUTERS

March 18 (Reuters) – Shell International Finance BV on Thursday sold $4.25 billion of senior unsecured notes in three parts, said IFR, a Thomson Reuters service. The notes are guaranteed by Royal Dutch Shell PLC.

Barclays Capital, Credit Suisse and the Royal Bank of Scotland were the joint bookrunning managers for the sale.

REUTERS ARTICLE

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.

The market has misunderstood Shell’s turnaround potential

citywire

By Deborah Hyde | 07:47:24 | 18 March 2010

Oil major Royal Dutch Shell’s management says the group’s transformation over the next couple of years will be significant and it can begin to lift its dividend again from next year.

CEO Peter Voser said: ‘These are exciting times for Shell. We are poised to deliver a new wave of financial and production growth.’

He said the group is making substantial investments in new projects to drive Shell’s financial performance going forward. 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.

Don’t Miss This Super-Major Turnaround

The Motley Fool

By David Lee Smith
March 18, 2010

In the hierarchy of Big Oil, I don’t have to work up a sweat to place ExxonMobil (NYSE: XOM) overall in first place — both qualitatively and quantitatively — while for several years now, Royal Dutch Shell (NYSE: RDS-A) has brought up the rear.

BP leads the way
That’s not to say, however, that the companies can’t change positions, much like NASCAR participants, passing one another when things are going especially well, or falling behind when bad luck hinders them. Take (NYSE: BP) for instance. It wasn’t long ago that the company was simultaneously trying to fend off the ramifications of a lethal explosion at a Texas refinery that killed 15 and injured scores of others, all while dealing with leaks in its Alaska pipelines. At about the same time its Indiana refinery was shut down by a fire, and an abrupt top management change all seemed to leave the company even further behind the eight-ball. 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.