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March 25th, 2010:

Shell likely Santos suitor – analysts

9NEWS

Thursday March 25, 2010
By Rebecca Le May and Xavier La Canna

Woodside Petroleum Ltd has quashed talk of a $15 billion takeover bid for Santos Ltd as analysts suggest the smaller company is more likely to appeal to other predators.

Royal Dutch Shell or ExxonMobil were more obvious candidates for a takeover of the Adelaide-based company, analysts said on Thursday as Woodside and Santos both denied media reports of a planned takeover.

Woodside chief executive Don Voelte told a conference in Perth the company did not comment on market rumours “but I can also just tell you that there’s nothing to it”. read more

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Shell gets great reception in China

Gerson Lehrman Group

March 24, 2010
Analysis by: Hans Linhardt

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

Summary

Shai Oster reported today in WSJ (B2) that China National Petroleum is ready to jointly develop with Shell unconventional sources of natural gas in China, thereby copying the advanced technologies for unconventional gas developments in the U.S.

Analysis

Shell has found Russia to be a rough territory to develop natural gas resources for LNG export and/or commercial appreciation.  It turns out China has learned their lesson from the Unocal takeover attempt without an IOC partner.  Now China’s energy sector is a much more sophisticated global energy resources player than the bullying Gazprom operation of Russia, inviting Shell to be a partner even for their own tight gas and potential  shale gas resources, to be equal in geology to the the U.S. and of enormous interest to China to avoid any significant dependance on Gazprom of Russia.  Significant developments are: 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.