Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘May 2nd, 2005’

Stuff.co.nz (New Zealand): Pohokura partners in row

Stuff.co.nz (New Zealand): Pohokura partners in row

02 May 2005 

By MARTA STEEMAN

The $1 billion development of the crucial Pohokura gasfield may be slipping behind schedule because of a bitter row between energy heavyweight Shell New Zealand and Todd Energy over operating key New Zealand gasfields.

Pohokura is the biggest gasfield development since Maui, which is expected to run dry by 2007.

Shell and Todd and the other owner of Pohokura, Austrian firm OMV, have committed to first production of gas from Pohokura from mid-2006 and have contracted to sell the gas to mainly electricity generators. 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

BLOOMBERG: Occidental Ousts Shell in Developing Oman Oil Field

BLOOMBERG: Occidental Ousts Shell in Developing Oman Oil Field

2 May 2005

Occidental Petroleum Corp., the fourth- largest U.S. oil company by market value, will replace Royal Dutch/Shell Group in a $2 billion oil field project in Oman.

Occidental and its partner, Abu Dhabi’s Liwa Energy Ltd., plan to raise production from the Mukhaizna deposit to 150,000 barrels a day “within a few years” from the current 10,000 barrels, the parties to the agreement said in an e-mailed statement today after yesterday’s signing ceremony. 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

The Independent (UK): Shell suffers Oman oilfield setback

The Independent (UK): Shell suffers Oman oilfield setback

Philip Thornton

May 02, 2005

Shell, the oil company, suffered a fresh blow yesterday after it lost the right to develop a large oilfield in Oman after a dispute over how to boost output.

The Gulf state said it had reassigned its Mukhaizna oilfield to Occidental of the US and a United Arab Emirates partner.

According to reports in the region, Oman wanted Shell, the dominant foreign investor in the sector, to pump in more cash to boost production. Oman, a non-Opec producer, had wanted to raise output from Mukhaizna from 10,000 barrels a day to at least 80,000, according to reports. 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

Los Angeles Times: Texaco Aims to Regain Star Status in U.S.

Los Angeles Times: Texaco Aims to Regain Star Status in U.S.

2 May 2005

By James F. Peltz, Times Staff Writer

Odd as it sounds, the U.S. arm of ChevronTexaco Corp. is getting back into the business of Texaco.

The Texaco brand of gasoline had withered in the U.S. market since 2001, when Chevron Corp. bought Texaco Inc. for $39 billion.

To get their merger cleared by antitrust authorities, the companies sold exclusive rights to the Texaco brand for three years to a group led by the Shell division of Royal Dutch/Shell Group. 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

THE NEW YORK TIMES: A Promise Unfulfilled: Iraq’s Oil Output Is Lagging

THE NEW YORK TIMES: A Promise Unfulfilled: Iraq’s Oil Output Is Lagging

By ERIK ECKHOLM

Published: May 2, 2005

With vast reservoirs of oil and the potential to rival Saudi Arabia as a megaproducer, Iraq has long tantalized the world’s energy industry, as well as economists and political leaders worried about the impact of high oil prices.

But the new Iraqi government’s glaring failure last week to agree on an oil minister and the sectarian bargaining over this crucial appointment, as well as the unabated insurgency, have been new reminders of the political faults that keep the country’s petroleum promise unrealized. 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
%d bloggers like this: