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Posts on ‘July 7th, 2004’

Bloomberg: Shell Says Oil-Sands Output Reduced by Mine Repairs

Bloomberg: Shell Says Oil-Sands Output Reduced by Mine Repairs

July 6 (Bloomberg) — Shell Canada Ltd. says production at its oil-sands mine in northern Alberta will be reduced until mid- July because of unscheduled repairs to a processing unit.

The Calgary-based company has shut down a production train capable of producing about 78,000 barrels a day of extra-heavy oil, spokeswoman Jan Rowley said in an interview. A second train at the mine continues to operate.

The cost of repairs hasn’t been determined and the lost production will have a bigger financial impact, Rowley said. The company needs several days to empty a settler tank so welders can repair a rake-like piece of equipment that helps separate oil from hot water used in the extraction process, she said. read more

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JV partners put major oil, gas projects on hold

DailyTimesofNigeria.com: JV partners put major oil, gas projects on hold

“Shell alone had planned to spend $2.7 billion for its oil and gas projects but cut to $2.3 billion”

Bid for increased crude production threatened

BY KAYODE EKUNDAYO, energy Editor

Posted 7 July 04

DUE to a cut in their yearly budget, the multi-national joint venture (JV) partners have deferred execution of major oil and gas projects, raising fears over the country meeting its target of 40 million barrels of crude oil reserves in 2007.

It was learnt that the JV partners, namely Chevron-Texaco, Shell Petroleum Development Company (SPDC), Nigerian Agip Oil Company (NAOC), Exxon-Mobil, and Addax have put their major gas and oil projects on hold pending when they would get enough financial resources to pursue them. read more

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AllAfrica.com: Shell Targets 95% Improvement in Gas Compressor Performance

AllAfrica.com: Shell Targets 95% Improvement in Gas Compressor Performance

Hector Igbikiowubo

Vanguard (Lagos)

July 6, 2004

Posted 7 June 04

SHELL Petroleum Development Company (SPDC) has initiated a campaign to raise the performance of its gas compressors from 70 per cent to 95 per cent to ensure that the company meets its gas supplies requirement to Trains 4 &5, as well as meet the 2008 gas flares down target.

The company has also begun the process of rationalising the number of computer software being used for subsurface data evaluation and reservoir modeling. This was contained in a recent edition of the Shell Bulletin, an house journal of the company in Nigeria , released in Lagos last week. read more

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The Times: Need to Know: 7 July 2004

The Times: Need to Know

“Royal Dutch/Shell plans to sell a 9.9 per cent stake in Showa Shell”

Posted 7 July 2004

Royal Dutch/Shell plans to sell a 9.9 per cent stake in Showa Shell, the Japanese fuel refiner, to Saudi Aramco, in a deal thought to be worth $340 million (£185 million).

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

The Independent: OFT orders inquiry into LPG market

The Independent: OFT orders inquiry into LPG market

“The embattled oil giant Shell came under further regulatory scrutiny yesterday”

By Michael Harrison

06 July 2004

Posted 7 July 04

The embattled oil giant Shell came under further regulatory scrutiny yesterday after the Office of Fair Trading ordered an investigation into the £100m market for household supplies of liquefied petroleum gas.

Shell is one of four suppliers who between them control more than 90 per cent of the domestic LPG market. The others are the market leader Calor, now part of the privately owned Dutch group SHV Holdings, BP and Flogas, which is owned by DCC and acquired British Gas’s LPG interests. read more

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chinaview.cn: Toyota, Shell to jointly test new fuel

chinaview.cn: Toyota, Shell to jointly test new fuel read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Toyota, Shell Group To Jointly Trial New Gas-To-Liquid Fuel

The Wall Street Journal: Toyota, Shell Group To Jointly Trial New Gas-To-Liquid Fuel

DOW JONES NEWSWIRES

July 6, 2004

Posted 7 July 04

TOKYO — Toyota Motor Corp. (7203.TO) and Royal Dutch/Shell Group will soon launch a joint trial of environmentally friendly vehicles using a new fuel developed by Shell.

Toyota and Shell Gas & Power, a Royal Dutch/Shell Group company, said Tuesday they will trial ten of Toyota’s Avensis models equipped with the automaker’s advanced clean diesel engine technology using gas-to-liquid, a new fuel based on natural gas developed by Shell . read more

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Union Protest Stops Deliveries of Total’s Oil From Nigeria

The New York Times: Union Protest Stops Deliveries of Total’s Oil From Nigeria

“Violence around the city of Warri in March 2003 forced the Royal Dutch/Shell Group, ChevronTexaco and Total to halt 37 percent of Nigeria’s output for two weeks.”

By BLOOMBERG NEWS

Published: July 7, 2004

ROME, July 6 – Total, the European oil company, said on Tuesday that it would miss contracted deliveries of crude from Nigeria after a labor union ordered its members to stop work.

Total’s venture in Nigeria declared a halt “on all Nigerian deliveries,” a spokeswoman, Patricia Marie, said in a telephone interview from Paris.

The halt followed a brief resumption in production Monday at Total’s unit, Elf Petroleum Nigeria, a venture with the state-owned oil company, after a three-day suspension, Ms. Marie said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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