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Posts Tagged ‘India’

Shell to Expand Presence in Asia and Alternative Fuel Market

September 20, 2017, 01:35:00 PM EDT By Zacks Equity Research,

Per Reuters, integrated oil and gas company, Royal Dutch Shell plc RDS.Aintends to increase its marketing operations in Asia region. The company’s effort to de-carbonize the energy system was reconfirmed as it targets to attain 20% of its global fuel station sales from electric vehicles recharging and fuels with a lower level of carbon by 2025.

Expanding Asia Operations

The oil major has 43,000 fuel stations in 80 countries and is now trying to reach the fuel markets of China and India, the two most populous countries in the world with high demand for energy. Shell is also eyeing the Indonesian fuel market. The company believes there will be continued growth in the Asian market over the next decade. read more

Shell Targets Alternative Fuel Stations

By Tsvetana Paraskova – Sep 12, 2017, 12:30 PM CDT

Shell—one of the oil majors that is increasingly betting on natural gas and low-carbon fuels—is targeting 20 percent of its global fuel station sales to come from electric vehicles recharging and low-carbon fuels by 2025, John Abbott, Downstream Director at Shell, told Reuters in an interview published on Tuesday.

While Shell plans to expand fuel stations in China, India, and Mexico—where it sees growth in this market over the next decade—it would continue to focus on meeting demand for cars running on fuels alternative to gasoline and diesel, Abbott said. read more

Shell eyes Asia, aims to expand vehicle recharging at fuel stations

SEPTEMBER 12, 2017

* Shell is world’s biggest fuel station operator

* Pilot projects to recharge cars in Europe, California

* Company sees fossil fuel growth in China, India, Mexico

* Focus on downstream earnings as crude price falls 

By Ron Bousso and Dmitry Zhdannikov

LONDON, Sept 12 (Reuters) – Royal Dutch Shell aims to expand marketing operations in Asia and wants 20 percent of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.

The Anglo-Dutch firm, with 43,000 fuel stations in 80 countries, aims to expand in China and India, as well as Mexico, where it sees fossil fuel growth in the next decade, John Abbott, the head of refining, trading and marketing, told Reuters. read more

Chinese appetite for LNG increasing

By Daniel J. Graeber: July 24, 2017

July 24 (UPI) — The Chinese appetite for liquefied natural gas increased more than 30 percent from last year, according to the latest government data.

The Chinese General Administration of Customs reported LNG imports to China increased dramatically as the country looks to rely less on coal for its energy needs. First half demand was up 38.3 percent from last year.

“The growth rate is higher than the 21.2 percent increase registered in the same period last year, partly encouraged by the lowering policy barriers for LNG from the United States to enter the Chinese market,” the official Xinhua News Agency reported. read more

Shell plans to double Hazira LNG plant capacity – India head

By REUTERSPUBLISHED: 13:13, 31 March 2017

By Arathy S Nair and Tanvi Mehta

March 31 (Reuters) – Royal Dutch Shell Plc plans to double the capacity of its liquefied natural gas import facility at Hazira on India’s west coast to 10 million tonnes a year, a top company executive said on Friday.

Shell Gas B.V, a unit of Royal Dutch Shell Plc, owns a 74 percent stake in Hazira LNG Ltd, while Total Gaz Electricite France, a unit of France’s Total SA, holds the rest.

“We’ve done all the work, now it’s sort of taking a look at when is the right timing in terms of demand that’s available,” Nitin Prasad, chairman of Shell Companies in India, told Reuters, without giving a timeline for the expansion. read more

Shell bets big on India with its second LNG terminal

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Screen Shot 2015-09-25 at 08.10.20Shell expects LNG demand to rise by 5% every year over the next couple of decades while global gas demand is growing at 2%

By: Siddhartha P Saikia | Singapore | September 25, 2015 5:39 AM

Royal Dutch Shell, which set up a 5 million tonne LNG terminal at Hazira in Gujarat nearly a decade back, is targeting to grab a bigger share of the growing demand for imported gas in India. The Hague-based global energy giant is planning to set up a floating LNG facility on the east coast — at Kakinada in Andhra Pradesh.

Recently, Andhra Pradesh Gas Distribution Corporation (APGDC), GDF Suez, Shell and GAIL have signed a memorandum of understanding (MoU) to set up a floating LNG terminal with an initial capacity of 5 mt, which could be doubled at a later stage. “We have been very constructively working on the project (LNG terminal) on the east coast. We really believe in the India gas market,” said Maaten Wetselaar, executive vice present for Shell Integrated Gas in Singapore. read more

Shell may re-enter the upstream business in India

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Screen Shot 2015-01-06 at 21.26.38By Sanjeev Choudhary, ET Bureau | 8 Jun, 2015

NEW DELHI: Royal Dutch Shell Plc is bullish about India’s gas market and may re-enter the upstream business in the country if the government offered a stable policy and an open acreage licence to explorers, senior company executives said.

“We would continue to look at upstream opportunities in India,” said Harry Brekelmans, projects & technology director and a member of the top executive committee at Shell. “At the moment, we have not been able to see anything that is attractive .. read more

Shell to set up global IT centre at Bengaluru

Screen Shot 2015-01-06 at 21.26.38New Delhi: Global energy giant Shell on Wednesday announced setting up of a global information technology center at Bengaluru to provide IT support to all its business verticals.

“Shell plans to begin operations at the centre later this year,” the company said in a statement here.

The centre will provide IT services to all of Shell’s businesses upstream oil and gas production, downstream refining and marketing and projects & technology as well as associated support functions. Without giving investment details, the statement said Shell India Markets Pvt Ltd will create the in-house centre, “which is expected to provide employment opportunities for several thousand IT professionals by 2020”. read more

Royal Dutch Shell Saves $2.5 billion In Transfer-Pricing Case

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Bidness Etc discusses the ruling by an Indian court in a transfer-pricing case against Shell and its impact on future foreign investment in the country

Published: November 19, 2014 at 12:26 pm EST

By: Micheal Kaufman

The Bombay High Court has ruled in favor of Royal Dutch Shell plc (NYSE:RDS.A) in a high-tax profile case, which could pose a hurdle to the Indian government’s plans on bringing in foreign investment and much-needed revenue.

The ruling was announced on Tuesday, after Indian authorities claimed tax money paid to transfer shares of Shell. The court has not released a written judgment yet.

The judgment can negatively impact India’s image, which might cause leading foreign companies to hesitate to invest in India. Indian Prime Minister Narendra Modi can intervene and reverse the ruling. read more

Shell in talks to buy stake in southern India LNG project

Extract from a Reuters article published 26 May 2014

May 26 (Reuters) – Global energy major Royal Dutch Shell is in talks with the Andhra Pradesh state government for buying up to 24 percent stake in the planned Kakinada liquefied natural gas project on the east coast, GAIL chairman B.C Tripathi said on Monday.

FULL ARTICLE

Wake-up call to Shell India from a disgruntled retailer

Screen Shot 2013-12-30 at 10.44.02This is to get it to your notice what’s happening in Shell India. One of the worst management I have seen. Shell please wake-up and do save our retailer community in India. Some one please do exit-interviews of the retailers who have left and do justice to people who serve you. In India bribes are being taken and are being paid by the management in name of consultancy fees and incidental charges.

Introduction by John Donovan

Printed below is a comment received.  Given the length and content it seems appropriate to publish it as an article. Full contact information and related email correspondence with Shell has been supplied. The allegations suggest that Shell is continuing to ruthlessly exploit Shell petrol retailers/franchisees as it has done in other countries.

*Many years ago we conducted a series of ethical surveys involving up to 1500 Shell UK retailers and published the findings in whole page announcements in trade magazines such as “Forecourt News”. All of the sealed responses were opened and authenticated by an independent solicitor who supplied an affidavit testifying to the findings. If the allegations below have foundation, it appears that not much has changed. read more

ONGC, Shell set to split $6bn gas buy

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MUMBAI: Oil and Natural Gas Corporation (ONGC) and Royal Dutch Shell will equally split the prized 20% stake acquisition in Rovuma basin gas block in Mozambique, after the sellers decided to court individual buyers due to difference in priorities.

The stake on offer is valued between $5-6 billion. Indian conglomerate Videocon Industries, which is selling 10% shares, wants to maximize the value. US based Anadarko Petroleum, the operator of the block, is offloading an equal stake but wants a pedigree global partner with better track record and execution skills.

ONGC is the frontrunner to pick up the Videocon stake while Royal Dutch Shell might end up buying Anadarko shares. The Videocon stake sale to ONGC may be announced next month. Anadarko sale to Shell is likely to take more time. read more

Shell challenges $1 billion tax demand in Bombay HC

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Thursday, April 25, 2013

Mumbai: Global oil major Royal Dutch Shell Thursday said it has moved the Bombay High Court here, challenging the USD 1 billion demand made by the tax authorities on a four-year-old equity infusion.

“Shell confirms that it has filed a writ petition in the Bombay High Court challenging the draft tax order,” the Anglo- Dutch oil major said in a statement. The company “will continue to evaluate all options for redress available to resolve this tax dispute”, it said. read more

Indian arm of Royal Dutch Shell accused of tax evasion

The Indian arm of Royal Dutch Shell Plc, which has been accused by the income tax authorities of underpricing an intra-group share transfer by Rs15,000 crore and consequently evading taxes, has filed a writ petition in the Bombay high court challenging the income tax order.

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Thu, Apr 25 2013. 05 57 PM IST

Mumbai/ New Delhi: The Indian arm of Royal Dutch Shell Plc, which has been accused by the income tax authorities of underpricing an intra-group share transfer by Rs15,000 crore and consequently evading taxes, has filed a writ petition in the Bombay high court challenging the income tax order.

The petition filed on Wednesday will come up for hearing on 3 May.

Mint reported on 3 February that following the notice, which is one of the biggest transfer pricing orders by the income tax department, Shell India Pvt. Ltd plans to challenge the assessment.
“Shell confirms that it has filed a writ petition in the Bombay high court challenging the draft tax order. Shell has always maintained that it will continue to evaluate all options for redress available to resolve this tax dispute,” the company in an emailed statement. read more

Cameron may fly in to Shell India tax row

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By Andrew Callus: LONDON | Fri Feb 15, 2013 3:18pm GMT

(Reuters) – Oil company Royal Dutch/Shell has asked the British government to raise the subject of a tax dispute with India during Prime Minister David Cameron’s visit there next week, according to a source familiar with the request.

The dispute blew up earlier this month when tax authorities revalued by $2.7 billion a 2009 transaction by Shell with a wholly-owned subsidiary, and claimed a tax payment was due.

It comes as India seeks to balance its need to shore up its finances by raising tax receipts with its desire to encourage foreign investment. read more

Shell fears it could be driven out of the UK over North Sea taxes

Shell warned the government not to tax it out of the UK, as it sketched out ambitious growth plans alongside an underwhelming set of results.

Chief executive Peter Voser said the Anglo-Dutch oil company was aiming to pump 4bn barrels of oil per day (bpd) by 2017, compared to 3.2bn today.

Net spending will rise from £15bn to £19bn this year as it chases its goal, although most of the difference will come from fewer asset sales, with actual investment set to rise by a more modest £1bn to £21bn.
read more

Sir Bill’s treatment at Cairn will make every board quake

The giant oil field sold for a song by Shell… it sold its 50% share to Cairn for $7.5 million, now worth billions…

James Ashton 24 Jan 2012

The momentum gained by the Government’s war on executive pay meant it was bound to claim some victims. The only surprise is that Sir Bill Gammell has become its first. As the chief executive of Cairn Energy, he was a stock market darling. The success he enjoyed after buying an unwanted Indian exploration site from Royal Dutch Shell has passed into oil industry folklore.

Cairn, which now has a market value of £4 billion, can thank the £4.5 million acquisition of an Indian exploration site for its good fortune. Sir Bill, a former Scottish rugby international, saw potential there after the big boys had given up trying. A similar spirit has given it the confidence to hunt for oil in far-flung corners of the world such as Greenland. read more

Asia will drive growth for Shell, says CEO

Devjyot Ghoshal

Energy-hungry Asia will remain the major growth driver for Shell, though the region’s appetite may diminish slightly next year owing to global uncertainties, the Dutch oil and gas major’s chief executive officer, Peter Voser, said on Monday.

“I think Asia-Pacific for us is the key growth region. We see a lot of growth, and, hopefully, enough growth, that can actually drive the worldwide economy coming out of Asia-Pacific,” Voser said on the sidelines of the Singapore International Energy Week. read more

Can BP’s investors give oil giant the time to learn from Shell’s mistakes?

Results clouded by rivals and identity crisis! Titanic court battle looms for oil company! Executives may face charges!

By Rowena Mason: 9:33PM BST 30 Jul 2011

If those headlines were meant for readers in 2011, the subject could be only one sorry corporate story: BP and its $40bn (£24bn) Gulf of Mexico oil disaster.

However, the real answer lies six years earlier in another just as painful oil scandal that hit BP’s nearest rival, Royal Dutch Shell. This was the heated reaction to news that Shell had over-stated its oil reserves by a third in the years leading to 2004.

Downgrade after downgrade kept hitting the company’s share price until matters came to a head over an email from Shell’s head of exploration to the chief executive. read more

The black gold Shell sold for peanuts

From a Shell retiree

Hello John

You may want to have a look here:

http://www.cairnindia.com/IR/Pages/QuarterResult.

A few years ago Shell got rid of this acreage for peanuts because it was not worth having.

Cairn thought differently….

Extracts from related articles:

(1): Its site in Rajasthan, India, bought from Shell for next to nothing, has turned into a significant oil find. More recently, Cairn has negotiated a deal with India’s Oil & Natural Gas Corporation (ONGC) that allows it to participate in a joint venture to build a major refinery in Rajasthan. Given India’s growing power, this is likely to become a rather valuable asset. read more

Shell changes talent mix to meet energy market challenges

Skilled recruitment continued as 7,000 people laid off

Royal Dutch Shell has continued recruiting despite laying off up to 7,000 staff in the past few years as it continuously “reprofiles” its talent mix, its HR chief HR has said.

Hugh Mitchell (right), Shell’s chief HR and corporate officer, told the Economist’s Talent Management Summit yesterday that as demand for energy increases worldwide, employers in the sector face a “phenomenal” skills challenge.

New energy demands from countries such as China and India are putting more pressure on the industry to get the right talent, he told delegates at the London event. read more

Royal Dutch Shell Sells Refinery, Other Assets To Essar For $1.3B

MARCH 29, 2011

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA.LN) Tuesday announced it has signed a sales and purchase agreement for its 270,000 barrel-per-day Stanlow refinery in the U.K. and certain associated local marketing businesses with Essar Oil Ltd. for $1.3 billion.

MAIN FACTS:

-The proposed sale covers oil products, chemicals manufacturing and access rights to certain distribution terminal assets, plus the commercial fuels bulk fuels and local marine fuels businesses associated with the refinery. read more

Shell poised to sell Stanlow oil refinery to Indians in £700m deal

By Tom Mcghie
Last updated at 10:15 PM on 19th March 2011

Attractive prospects: Stanlow oil refinery in Cheshire has huge storage depots

Shell is to sell its Stanlow oil refinery, the second-biggest in Britain, to fledgling Indian energy giant Essar Energy in a deal worth more than £700 million.

The refinery on the 1,900-acre site in Ellesmere Port, Cheshire, will be sold for £217 million while the oil and petrol in the refinery will be sold off separately for nearly £500 million.

When the deal is completed all 960 workers will be retained and, in an unusual concession by an employer, will be able to keep their generous and increasingly rare final salary pension scheme. read more

Essar Energy, Shell may sign U.K. refinery pact

Feb. 18, 2011, 2:08 a.m. EST

By Eric Yep

MUMBAI (MarketWatch) — India’s Essar Energy PLC (ESSR.LN) is likely to sign an initial agreement this week for a possible acquisition of Royal Dutch Shell PLC’s (RDSB.LN) Stanlow refinery in the U.K., a person with direct knowledge of the matter said Friday.

London-listed Essar Energy and Shell are in the final stages of discussions and will likely announce exclusive talks on the refinery sale this week, the person, who declined to be named, told Dow Jones Newswires. read more

Essar Oil to buy Shell UK unit for $350-400 mln – sources

By Indulal P.M.

MUMBAI | Thu Feb 17, 2011 11:09am IST

(Reuters) – Indian refiner Essar Oil is set to buy Royal Dutch Shell’s Stanlow refinery in the United Kingdom for about $350 million to $400 million, two sources with direct knowledge of the development told Reuters.

The two companies have agreed on the terms and an announcement is expected soon, said the sources, who declined to be named as they were not authorised to speak to the media before an official announcement. read more

Shell Said to Offer Gazprom Assets to Gain LNG Plant Expansion

By Anna Shiryaevskaya – Feb 7, 2011 9:00 PM GMT+0000

Royal Dutch Shell Plc may offer OAO Gazprom assets in Asia in exchange for a deal to expand Russia’s only liquefied gas export plant, part of talks on a wider global alliance, said people with knowledge of the negotiations.

Shell wants to add a third liquefied natural gas production unit at the $22 billion Sakhalin-2 venture north of Japan, raising output 50 percent. The Hague-based company is selecting overseas assets to win support from Gazprom, said three people, declining to be identified because the plans are private. Shell may gain access to new offshore blocks to supply the plant. read more

Essar finalises to buy Shell’s UK refinery for $350 mn

19 Jan, 2011, 03.17PM IST, Darshan Mehta,ET

MUMBAI: Essar Oil has finalised the acquisition of Shell’s Stanlow refinery in UK for $350 million dollars, a source close to the deal told ET NOW. The Stanlow refinery is part of the Royal Dutch Shell group with a capacity of 2.37 lk barrels per day. The deal will be announced in the first week of February.

As per the deal, Essar will pay $50 million on signing of the deal, another $100 mn on closing of the deal and $100 mn dollars each in the next 2 years after closing the deal. With crude prices over $91 per barrel, the refining business is becoming more attractive and the sector as such is seeing a turnaround on higher energy demand. European companies are selling their non profitable plants to cut expenses and they fit into Indian refiners global strategy of expansion. read more

Essar bids for Shell’s Stanlow refinery -union rep

Reuters Africa

Tue Dec 21, 2010 1:17pm GMT

* Essar makes bid, given deadline to make firm offer

* Shell will withdraw plant from sale if no deal

* Shell continues to withdraw from European refining

By Tom Bergin

LONDON, Dec 21 (Reuters) – Royal Dutch Shell Plc has told employees at its Stanlow refinery that India’s Essar group has made a “credible” bid for the plant, a union official said.

A Shell spokesman confirmed that the Anglo-Dutch oil giant was in talks with Essar and had given the group until the end of February to come up with a firm bid. read more

Essar Energy Still In Talks With Shell To Buy Europe Refineries

THE WALL STREET JOURNAL

AUGUST 19, 2010

LONDON (Dow Jones)–India’s Essar Energy PLC (ESSR.LN) is still in talks with oil major Royal Dutch Shell PLC (RDSB.LN) to buy refineries in Europe, Essar’s vice chairman Prashant Ruia said Thursday.

“Our discussions with Shell are still very much on,” Ruia told reporters on a conference call.

Shell entered talks with Essar over the sale of the three refineries–Stanlow in the U.K. and the Heide and Harburg refineries in Germany–late last year. read more

Cairn Energy’s $8.5 billion Mid-Life Crisis

Cairn bought the exploration licenses in Rajasthan from Royal Dutch Shell, who believed the properties contained no oil, in 1997 for just $7 million.

THE WALL STREET JOURNAL

By James Herron

Instead of settling into the respectable middle tier of global oil producers as its major oil discoveries in Rajasthan, India, gradually come onstream, the U.K.-listed Cairn Energy has decided to do the oil industry equivalent of selling the Volvo, buying a Harley and cruising off into the sunset.

Cairn Energy will sell the bulk of its stake in Cairn India, which owns and operates the Rajasthan fields, to metals and mining company Vedanta Resources. Cairn Chief Executive Sir Bill Gammell leaves behind dreary subjects like pipeline maintenance and enhanced oil recovery and will instead focus his company’s resources on the exciting business of exploring for new fields. read more

The giant oil field in India sold for a song by Shell

“…sold for a song by accident-prone Royal Dutch Shell yielded Cairn one of the country’s largest-ever finds and catapulted it into the FTSE 100.”

SUNDAY TELEGRAPH

Cairn shareholders set for £1bn windfall when Indian oil fields are sold to Vedanta

Shareholders in Cairn Energy are in line for a windfall of at least £1bn, with the oil explorer close to completing a £5bn deal to sell its giant Indian oil fields to Vedanta Resources.

By Rowena Mason
Published: 10:58PM BST 14 Aug 2010

The Greenland explorer may confirm the move to sell a 51pc stake to London-listed Vedanta as early as today, after last-minute talks throughout the day yesterday.

Sir Bill Gammell, the chief executive of Cairn, would receive a minimum of £2m from his 0.2pc stake in the explorer if the pay-out were as low as £1bn.

Most investors expect the amount of money given back to them to run into multiple billions, however. The final cash return has not yet been finalised. read more

Anger grows across the world at the real price of ‘frontier oil’

guardian.co.uk home

The Observer home

Far from the Gulf of Mexico, campaigners are accusing energy companies of destroying land and livelihoods in the search for increasingly scarce resources

A woman hurries away from the heat of a gas flare near a flow station belonging to Shell in Warri, Nigeria. Photograph: George Osodi/AP

Richard Wachman and John Stibbs Sunday 20 June 2010

The eyes of the world are on BP after the disaster that left oil spewing into the Gulf of Mexico at the rate of 50,000 gallons a day. But campaigners accuse Big Oil of an appalling track record elsewhere in the world, saying it leaves a trail of devastation in its wake.

From Nigeria to Kazakhstan in Central Asia, and Colombia and Ecuador in South America, the oil majors stand accused of a blatant disregard for local communities and the environments in which they operate. read more

Shell to Seek 800 Million-Euro Offers for LPG Unit

BusinessWeek Logo

By Anne-Sylvaine Chassany and Fred Pals

Feb. 23 (Bloomberg) — Royal Dutch Shell Plc, which is seeking to focus on exploration and production, may sell its liquefied petroleum gas distribution unit, four people with knowledge of the plan said.

Shell hired Credit Suisse Group AG to manage a sale of the division, which is valued at more than 800 million euros ($1.1 billion), said three of the people, who declined to be identified because the talks are private. The company sent information last week to potential bidders including private equity firms, they said. Rainer Winzenried, a spokesman for The Hague-based Shell, declined to comment. read more

Indian Energy Firms Pursue Assets Abroad

Following on its international acquisitions in steel and outsourcing in recent years, Essar is in talks with Shell to pay as much as $1 billion for three oil refineries in the U.K. and Germany, people close to the situation say. Last year, the company bought out the 50% stake that Shell, BP PLC and Chevron Corp. owned in a major refinery in Kenya.

Essar Oil hit by a steep fall in crude-oil prices

Essar, which plans to have a refining capacity of one million barrels a day, is in talks to buy three European refineries from Royal Dutch Shell PLC. In July, Essar acquired a 50% stake in 80,000-barrel-a-day Mombasa- based Kenya Petroleum Refineries Ltd. from Shell, Chevron Corp. and BP PLC.

Leaked Shell internal documents reveal undisclosed transfer of jobs from U.S. and Canada to India

By BRETT CLANTON Copyright 2009 Houston Chronicle

(NOW WITH AN ADDED COMMENT FROM “JO BLOW”)

Dec. 15, 2009, 8:40PM

Shell shipping Houston jobs overseas

Royal Dutch Shell has publicly announced it will slash 5,000 jobs by year end—including “hundreds” in Houston—as part of a sweeping reorganization new CEO Peter Voser said is needed to make the company more competitive.

But under a separate program, the European oil giant has been quietly transferring additional office jobs from Houston and elsewhere to India and the Philippines to reduce costs, according to internal Shell documents obtained by the Chronicle and a person familiar with the plan. read more

Essar Oil says Shell talks exclusive till Nov 30

NEW DELHI, Nov 3 (Reuters) - India's Essar Oil (ESRO.BO) said on Tuesday its exclusive talks with Royal Dutch Shell Plc (RDSa.L) to buy three of the global oil major's European refineries will run until Nov 30.

European oil refineries sold and up for sale

Sources said Essar submitted bids for Royal Dutch Shell's Stanlow.

Shell Blog Posting: The world’s biggest polluters are China, India and America, not Shell

SHELL BLOG POSTING

MUSAINT: Greenpeace & Friends of the Earth describe Shell “as the most polluting oil company”. Does this : (i) take into account that Shell is a larger worldwide operator than most? and (ii) take account that Shell has partners in most ventures? (i.e. is their partners % deducted from Shell’s numbers?). I bet as usual (aka Brent Spar) that Greenpeace have “expanded” their numbers to try and make a point! At the end of the day the biggest polluters by a long long way are China, India and America. What about attacking their policies rather than the usual onslaught at oil companies? – the usual reason perhaps? …… they are easier to get at (e.g. Shell Nigeria vs Nigerian Government). The likes of a left wing dross newspaper such as the Guardian really does write such nonsense. It’s a shame that again you have “expanded” your title to infer that the summit was hijacked by Shell. The Guardian states “polluters” in their title – I think you have again added more spice!! As I’ve said before our recent summers have been cold, wet and generally awful – a little warming up of the weather will be a nice thing. Hope this stirs up some response on this blog which has been rather quiet of late!!! read more

Oilcos get Shell shock on plant lift contract

Public sector companies are not allowed to award contracts to any entity without inviting open tenders. ET had reported on April 2 that the government was examining irregularities in awarding refinery upgradation contracts to Shell Global Solutions.

Reliance Likely to Buy LNG from Shell

MUMBAI -- Reliance Industries Ltd., India's biggest private refiner by capacity, is likely to sign an agreement with a group company of Royal Dutch Shell PLC to buy up to 4 million standard cubic meters per day of liquefied natural gas for two months, three persons familiar with the matter said.

India’s IOC, Shell eye Reliance pumps stake -paper

MUMBAI, March 20 (Reuters) - Indian Oil Corp (IOC.BO) and the Indian unit of Royal Dutch Shell (RDSa.L) are front runners for buying a 50 percent stake in Reliance Industries' (RELI.BO) retail fuel business, the Economic Times said on Friday.

Shell looks to expand retail footprint in India

Royal Dutch Shell has announced plans to expand its retail presence in India in 2009, as the Indian government plans to introduce a market-led pricing regime for petrol and diesel, according to PetrolWorld.

Shell’s India arm buys LNG from Australia project

NEW DELHI, Jan 7 (Reuters) - The Indian arm of Royal Dutch Shell has bought 80 million cubic metres of liquified natural gas from Australia's Northwest Shelf project at $9.06 per mmbtu, an industry source told reporters on Wednesday.

India’s ONGC Fights to Keep Up

Around the same time, Angola rejected plans by Royal Dutch Shell PLC to sell its half of a project to ONGC, instead ordering Shell to sell to Chinese interests.

Shell Expands LNG Import Capacity in India

Dec. 18 (Bloomberg) -- Petronet LNG Ltd. and Royal Dutch Shell Plc are expanding liquefied natural gas import capacity in India even as the global recession cuts demand and prices of the fuel decline.

An Ode to Oil

Oil is, after all, a primary source of man-made global warming, while spillages and drilling have sometimes inflicted lethal environmental damage. Despite the sharp falls of recent months, dramatic price rises have also underwritten every postwar global recession, including the current economic malaise.

Renewed push by Royal Dutch Shell into India’s fuel market

The plunge in crude oil prices has prompted a renewed push by Shell and private-sector Indian groups into the country's retail fuel market.

East to crack the west’s grip on refining

While refineries in Europe and the US in particular suffer from a collapse in fuel demand, and big integrated oil companies such as BP and Royal Dutch Shell sell one facility after another, Asia and the Middle East are emerging as the new centres of the industry.

Sir Bill Gammell gives business a sporting chance

Fuelled by further lucrative discoveries in Rajasthan blocks that Shell had sold to Cairn for just £5m a year earlier, the Edinburgh-based firm was propelled into the FTSE 100 in 2004.