November 13th, 2007:

By Alfred and John Donovan
14 November 2007

The Shell Group Managing Directors present at the CMD Meeting held on 9 December 2003 included Philip Watts, Jeroen van der Veer, Walter van de Vijver, Malcolm Brinded, Judy Boynton and Rob Routs.

Every page of the minutes was marked “MOST CONFIDENTIAL” because the discussions covered Shell’s commercially sensitive plans and one potentially explosive subject, Shell hydrocarbon reserves. We will comment on just a few issues.

Gazprom will be interested in Item 9, GAZPROM ALLIANCE – STATUS AND WAY FORWARD read more

Tuesday, November 13, 2007
VOLUME 1 ISSUE 312

Shell Production and Development Company Limited (SPDC), Shell Exploration and Production Africa Limited (SEPA) and Shell Nigeria Exploration and Production Company Limited (SNEPCO) (together hereinafter referred to as “Shell”) announced the intent to improve efficiency and reduce costs, taking advantage of synergies between companies and eliminating duplication, under a project called ‘One Shell’.
 
Under One Shell, there will, for example, be one Production organization, one Development organization, one Projects organization, in addition to the sharing of support services. read more

HOUSTON, Nov. 13 /PRNewswire/ — Shell Hydrogen LLC and the City of White Plains, New York, today dedicated a hydrogen vehicle fueling facility located in the city’s department of public works yard in downtown White Plains. The Shell Hydrogen facility will produce hydrogen from electricity generated from renewable energy provided through the New York Power Authority.

“The City of White Plains has shown real leadership in cooperating on this project with Shell. White Plains’ successful track record in introducing alternate fuels for city vehicles are a great fit with Shell Hydrogen’s efforts to develop solutions to transportation and energy challenges,” said Phillip Baxley, President of Shell Hydrogen LLC. “This station is another step towards an eventual network of stations serving our customers here in the US and around the world.” read more

Tuesday, November 13, 2007 – 10:17 AM CST

Shell Energy North America (US) LP said Tuesday that its active, U.S-based Coral operating companies will merge with the parent company by next year.

The companies are Coral Energy Resources LP; Coral Power LLC; Coral Energy Management LLC; and Coral Gas Marketing LLC, all based in Houston.

Shell said it would be the remaining entity.

The merger will help eliminate confusion caused by multiple operating companies with multiple names, said Mark Hanafin, president and chief executive officer of Shell Energy North America. read more

Tue Nov 13, 2007 5:12 PM GMT
(Adds quote, details)

LAGOS, Nov 13 (Reuters) – Royal Dutch Shell will reorganise its Nigerian units to cut costs after militant attacks on its oil facilities in the Niger Delta reduced output, the company said in a statement on Tuesday.

The company operates three different businesses in Africa’s top oil producer and the restructuring will involve sharing previously separate functions including production, development and projects.

“We are operating in an extremely difficult environment where levels of production have been severely curtailed by the security situation for some time, where there is significant upward pressure on costs and where funding issues are having an impact on our operations,” said Basil Omiyi, chairman of Shell’s Nigerian businesses. read more

EXTRACT: Unlike his Dutch colleagues, Jeroen van der Veer, Shell’s president and chief executive officer, had a two-hour conversation with Russian President Vladimir Putin. After the conversation he said confidently that Shell intended to expand its participation in Russia by joining a giant long-term project of LNG and oil production on the Yamal Peninsula and the Kara Sea shelf.

THE ARTICLE

Published: Nov. 13, 2007 at 11:14 AM
By OLEG MITYAEV
UPI Outside View Commentator

MOSCOW, Nov. 13 (UPI) — Dutch Prime Minister Jan Peter Balkenende proposed that Russian and Dutch companies headed by Royal Dutch Shell should jointly develop the richest gas fields on the Yamal Peninsula located above the Arctic Circle. read more

By Anthony DiPaola

Nov. 13 (Bloomberg) — The Eni SpA-led group developing the Kashagan oil field in Kazakhstan is showing “reassuring unity” in talks with the government to resolve a dispute over delays and cost overruns at the field.

“It’s only natural there are different positions” among the international oil companies developing the Caspian Sea-based field, Eni Chief Executive Officer Paolo Scaroni said in Rome today. “We’re positively surprised at how unified we are.” read more

13/11/2007  13:08
Charlie Taylor

The Environmental Protection Agency (EPA) has confirmed it has granted a licence to Shell Ireland for the operation of a gas refinery and combustion plant at Bellanaboy Bridge, Co Mayo.

The agency says the licence contains more than 90 conditions relating to the environmental management and operation of the proposed installation.

Some 9.9 million standard cubic metres of natural gas per day will be processed at the refinery from the Corrib fluid for export.

Shell Ireland was a granted a licence for the operation of a gas refinery and combustion plant at Bellanaboy Bridge, Co Mayo, by the Environmental Protection Agency The licence decision has angered protesters who have campaigned against the proposed development. Last week up to 300 people staged a sitdown demonstration at the plant as they tried to stop trucks entering the compound. read more

13 November 2007

On 14 January 2006, The Board of Trustees of Amherst College located in Amherst, Massachusetts, passed a resolution to divest all investments in multinational companies “identified as having direct business ties to the Sudanese government or companies whose business activities are in direct support of these companies and the activities of the government”. The divestment action was taken based on alleged human atrocities “wholly inconsistent with the moral and ethical values of Amherst College” and alleged evidence of genocide against the people of the Darfur region allegedly committed by the Sudanese government. Royal Dutch Shell Plc was identified as one of the multinationals banned for investment purposes because of its business operations in Sudan. read more

(Reuters)
13 November 2007

BEIJING – China’s drive to invest in Iran’s biggest undeveloped oilfield in return for gas supplies is being stymied by tough commercial negotiations, not the threat of more sanctions, Chinese oil officials said on Tuesday.

The negotiations, now entering their fourth year after a preliminary agreement in November 2004, are undeterred by political tensions and the possibility that Western powers will seek tighter economic restrictions on Teheran, they said.

‘The negotiations with Iranians are primarily commercially focused. Politics are not the key,’ an industry executive involved in high-level negotiations with Iran told Reuters. read more

By Alfred and John Donovan
Tuesday 13 November 2007

Every day, a website operated by the authors of this article, www.royaldutchshellplc.com – described by the Financial Times as being “anti-Shell”, publishes secret documents relating to the oil giant Shell. Most are Shell internal documents.

The confidential information being put into the public domain on the open Internet is highly damaging and embarrassing to Shell, which appears powerless to stop the flow of documents and the damage being inflicted. Shell is being made into an international laughing stock in the oil industry. read more

David

I don’t object to your post – you are entitled to suggest that I am “self-righteous” if you wish and to accuse me of writing a tirade as well if that is what you believe it to be. Others may take a different view of both assertions. Others still, who knew me in Shell, would probably testify that I was as much of a pain in the butt when I was working for the company as I am now! I protested about many things and changed a few as well – but you will have to wait for my book “the Changing Face of Shell” to read these stories! By the way to suggest that I profess to be Mother Teresa is a new charge and a splendidly surreal one. I do not profess to be anyone but myself. And I try to tell the truth as I see it whilst (modestly) being conscious of the truism that the “truth has many faces”… Finally my pension is decent, but far from “rich” read more

EXTRACT: John Hofmeister, president of Shell Oil, the Houston-based arm of Anglo-Dutch oil major Royal Dutch Shell, agreed “the full price of the $90-plus oil has not yet filtered through to the retail price.

THE ARTICLE

Nov. 12, 2007, 11:09PM
By DAVID IVANOVICH
Copyright 2007 Houston Chronicle Washington Bureau

WASHINGTON — American motorists may be paying more than $3 a gallon to fill up the tank, but they haven’t felt the full pain yet of oil prices north of $90 a barrel, government and industry leaders say. read more

EXTRACT: “Even if they put together a perfect bill,” said Brian P. Malnak, a lobbyist for Shell Oil and a former top Republican aide to the Senate Energy Committee, “the results won’t be felt in the next election cycle, or even in the careers of some of the members.”

By JOHN M. BRODER
Published: November 13, 2007

WASHINGTON, Nov. 12 — Congress saw it coming. Earlier this year, lawmakers warned of an impending energy crisis as they debated wide-ranging legislation to improve automotive efficiency, reward energy conservation and spur development of alternative power sources. read more

EXTRACT: “Even if they put together a perfect bill,” said Brian P. Malnak, a lobbyist for Shell Oil and a former top Republican aide to the Senate Energy Committee, “the results won’t be felt in the next election cycle, or even in the careers of some of the members.”

By JOHN M. BRODER
Published: November 13, 2007

WASHINGTON, Nov. 12 — Congress saw it coming. Earlier this year, lawmakers warned of an impending energy crisis as they debated wide-ranging legislation to improve automotive efficiency, reward energy conservation and spur development of alternative power sources. read more

By Roula Khalaf and Javier Blas in Riyadh
Published: November 12 2007 22:00 | Last updated: November 12 2007 22:00

Saudi Arabia on Monday made clear Opec would not announce a production increase at this weekend’s Riyadh summit.

In an interview with the Financial Times, Ali Naimi, the Saudi oil minister, said “there will be absolutely no discussion” by heads of states or their oil ministers on short-term supply and demand at the organisation’s summit, which will concentrate on with longer-term strategies of producers. read more

JOHN UWE on 13 November, 2007

Shell Petroleum Development Company has attributed the causes of most of the oil spillages in its flow stations and pipelines to third party interference.

Head, media relations SPDC-West, Aoiri Obaigbo in an interactive session in Warri said most of the spills being experienced were as a result of the activities of illegal bunkers that vandalism of the facilities of the company.

He said the recent spill at Odidi 1& 11 flow stations was caused by activities of third party interference who vandalised the oil wells that had been shot down since February 2006. read more

Tue Nov 13, 2007 6:00 AM GMT
(Adds more details, background)
By Yaw Yan Chong

SINGAPORE, Nov 13 (Reuters) – Royal Dutch Shell will shut a 66,000 barrels per day (bpd) secondary unit that produces gas oil and fuel oil at its Singapore refinery for two to three weeks from second-half November, industry sources said on Tuesday.

The routine maintenance of the unit at its 500,000-bpd Bukom plant is expected to hit its fuel oil supplies, as another secondary processing facility — the 33,000-bpd Long Residue Catalytic Cracker (LRCC) — has been down since end-September. read more

Shell Oil President John Hofmeister brought the energy giant’s message to Hobby Center.
MELISSA PHILLIP: CHRONICLE

Nov. 13, 2007, 12:04AM
ENERGY

Quest for dialogue drove Shell Oil tour

By BRETT CLANTON
Copyright 2007 Houston Chronicle

JOHN Hofmeister has gotten his share of letters from customers who are angry about high gasoline prices.

But in March of last year, the president of Houston-based Shell Oil Co. received a piece of hate mail that startled even him — it contained no note, just a hand-drawn image of the executive hanging from a tree. read more

By JOHN J. FIALKA
November 13, 2007; Page A2

The U.S. Department of Energy’s top forecaster expects gasoline prices to climb an additional 20 cents a gallon by December and said prices could go still higher if OPEC doesn’t increase production.

The estimate came as mixed signals on the intentions of the Organization of Petroleum Exporting Countries contributed to a drop in oil prices on futures markets. The drop, coming after several weeks of new oil-price highs, signals increasing volatility in oil markets as the price has approached $100 a barrel. read more

By Dino Mahtani in London and Catherine Belton in Moscow
Published: November 13 2007 04:07 | Last updated: November 13 2007 04:07

Gazprom, Russia’s state-owned energy company, is considering taking equity stakes in two London-listed oil companies that had hitherto faced problems with government regulators.

Timan Oil and Gas, the Aim-listed company with assets in Russia, announced last Thursday that it had signed a non-binding memorandum of understanding with Zapsibgazprom, a Gazprom subsidiary. Under the deal, Zapsibgazprom could invest up to $500m (£242m) in Timan’s oil fields. It also left open the possibility of Zapsibgazprom acquiring some of Timan’s shares. read more