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December, 2007:

Bloomberg: Shell Buys 55% in Coalbed Methane Venture in Shanxi, China

By Wang Ying

Dec. 27 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company, said it bought a 55 percent stake in a coal-bed methane venture in the northern province of Shanxi.

China’s Ministry of Commerce approved an agreement for Shell to acquire the stake in Verona Development Corp. in a 30- year production sharing contract, the company said in an emailed statement today. read more

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Forbes: Iran Deal Is A Gas For Malaysia’s SKS

Vidya Ram, 12.26.07, 2:30 PM ET
 
Iran doesn’t seem to be having any problems finding allies willing to help it develop its petroleum resources, whatever the objections of the U.S. government.

Iranian National Oil and Malaysia’s SKS Ventures signed a $6 billion contract to develop the Golshan and Ferdows offshore gas fields in Iran, which contain an estimated 60 trillion cubic feet of gas, Minister Gholamhossein Nozari said on Wednesday. He said that a second part of the deal to build plants to produce liquefied natural gas worth $10 billion would soon be ready for signing. read more

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Reuters: Shell refinery in Malaysia hit by fire -report

Wed Dec 26, 2007 3:12pm GMT

KUALA LUMPUR, Dec 26 (Reuters) – A fire broke out at Royal Dutch Shell’s oil refinery in the southwestern Malaysian town of Port Dickson on Wednesday, temporarily disrupting operations, the Star newspaper said in its online edition.

The fire, the second in five weeks, started at 6.45 A.M. (2245 GMT) and caused minor damage to the refinery’s flare stack, it quoted Shell as saying. The fire was extinguished about 20 minutes later.

“There were no casualties and no one was injured in the incident. There is minimal asset damage on the flare stack and activities to normalise operations were in progress,” it said. read more

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The Dallas Morning News: Texas researchers aim to make ethanol without corn

11:13 AM CST on Wednesday, December 26, 2007
By DAVE MICHAELS / The Dallas Morning News
[email protected]

WASHINGTON – Investors and ethanol producers, most of them in the Midwest, cheered last week when President Bush gave new life to the foundering fuel by approving a new national mandate for its use.

But so did some producers in Texas, where researchers say they’re making progress growing special crops that can make ethanol without the negatives of corn – too much water and land, and a tendency to drive up food prices. read more

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International Herald Tribune: Qaddafi may be rude, but he’s extremely rich

By Celestine Bohlen
Bloomberg News
Wednesday, December 26, 2007

PARIS: During a visit this month to Paris, the Libyan leader Muammar el-Qaddafi, a one-time international pariah, thumbed his nose at his French hosts, accusing them of violating women’s rights and treating African immigrants poorly.

Halfway through Qaddafi’s stay, the French president, Nicolas Sarkozy, explained why he put up with his guest’s provocative antics: business. “I am really engaged in the battle for contracts,” he said. read more

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kommersant: Gazprom Against Giving Access to Russia’s Subsoil to Aliens

Dec. 26, 2007

Gazprom opposes development of Russia’s subsoil by foreign companies, RIA Novosti reported with reference to Gazprom Deputy Executive Alexander Ananenkov.

According to Ananenkov, he wouldn’t like the situation with Sakhalin-1 and Sakhalin-2 projects to occur again. In essence, Ananenkov’s words could be viewed as response to the recent statement of Natural Resources Minister Yuri Trutnev.

Under the government’s decision, Trutnev said, the companies with majority ownership of foreign capital would be able to bid at tenders for Russia’s strategic fields and deposits. The respective procedures are spelled out in amendments to the Subsoil Act, the minister pointed out. read more

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Rochester Democrat and Chronicle: Precious gifts from afar

EXTRACT: She helped coordinate a long struggle against Royal Dutch Shell, which drilled for oil in Nigeria’s Ogoni region without compensating the villagers. In early 1993, 300,000 people protested against Shell. Its executives pressured Nigeria’s government, and in 1994, 30 Ogoni villages were massacred. Leading activist Ken Saro-Wiwa was hanged, and other protesters fled for their lives.

Stuart Low
Staff writer

(December 26, 2007) — Nwinle Anaa’s most treasured Christmas gifts this year were her five children. read more

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THE INDEPENDENT: Review of 2007: A year that began with euphoria and ended with the spectre of recession

Published: 26 December 2007

Economy

2007 has turned out to be the most challenging year for the Bank of England since it was granted independence to set interest rates in 1997. Inflation rose above 3 per cent earlier in the year, forcing the Bank’s Governor, Mervyn King, to write a letter of explanation to Gordon Brown. And then came the summer of the credit crunch and the Bank’s initial reluctance to pump more liquidity into the banking system to keep the wheels moving. An air of caution has descended on investors ever since the Northern Rock crisis. As the year draws to a close, the signs are distinctly chilly. There is mounting evidence that the housing market is slowing down, with the commercial property market on the brink of collapse, while consumer sentiment is weak as households tighten their belts as successive interest rate rises finally start to bite. This month, the Bank bowed to intense pressure to cut rates for the first time in two years, down by a quarter of a point to 5.5 per cent, but many question if it is enough to prevent an economic slowdown. Some economists are predicting an outright recession. read more

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Beurs Plaza: Shell schrapt mogelijk duizenden ict-banen

Volledig bericht:

Shell gaat een substantieel deel van haar ict uitbesteden om kosten te besparen. Door de maatregel komen mogelijk duizenden banen op de tocht te staan.

Een woordvoerster van Shell bevestigt dat het bedrijf momenteel onderhandelingen voert met drie outsource-partijen. In maart 2008 worden de contracten getekend.

Een werknemer van Shell verklaarde tegenover RoyalDutchShellPlc.com, een website die protesteert tegen Shell, dat 3.200 banen op het spel staan, maar de woordvoerster kon dat aantal niet bevestigen. read more

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Yahoo! France: Shell supprimera des milliers d’emplois dans l’informatique

Reuters – Vendredi 21 décembre, 19h28LONDRES (Reuters) – Royal Dutch Shell externalisera une bonne partie de ses opérations informatiques pour réduire ses coûts, mesure qui pourrait se traduire par des milliers de suppressions d’emplois.

(Publicité)

Une porte-parole de Shell a dit vendredi que le pétrolier négociait avec trois sociétés en ce sens et que des contrats devraient être signés en mars 2008.

Elle n’a pas confirmé les 3.200 suppressions d’emplois mentionnées par un membre du personnel sur le site protestataire RoyalDutchShellPlc.com. read more

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Email sent to Daily Telegraph journalist Simon Goodley from a Sakhalin-2 insider (about David Greer, Ian Craig and ‘birthday presents’)

December 2007

(Published unedited)

Dear Mister Goodley,

I stumbled on your article “Nothing slick about this right Regal mess” on the site www.royaldutchshellplc.com

Apart from the fact that it just adds on oil gossips gushes, it also reads “Shell, which once employed Greer until his David Brent-style motivational email was leaked to the press” which would imply that he left the company because of this leaked memo.

Do you really think the second most senior manager of a project this size (20 billion USD) would leave the company he’s been working for more than 20 years because a memo has been leaked to the public and he could not live with the shame of having, like many other Shell managers before him, “hired” the wording of it? read more

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Gulf-Times: Russia may tighten equity deals with energy fields

Published: Tuesday, 25 December, 2007, 01:26 AM Doha Time
 
MOSCOW: Russia’s Resources Ministry will propose easing access to state auctions of large oil, gas or metal deposits by foreign companies but will tighten control over large equity deals, minister Yuri Trutnev said yesterday.

Analysts said the measure if approved would bring clarity to rules by which the Kremlin will treat foreign investors who have themselves repeatedly called on Moscow to introduce a legal framework to policies often driven by resource nationalism. read more

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theAge.com.au: Big Oil talks clean but spends dirty

TheAge Australia

Shell and BP are among the biggest producers of greenhouse gases in the world. Photo: Louise Kennerley LAK

Terry Macalister of The Guardian
Page 1 of 2

SHELL, the oil company that recently trumpeted its commitment to a low-carbon future by signing a pre-Bali conference communique, has quietly sold off most of its solar business.

The move, taken with rival BP’s decision a fortnight ago to invest in the world’s dirtiest oil production, in Canada’s tar sands, indicates that Big Oil might be giving up its flirtation with renewables and going back to its roots. read more

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Reuters: Kazakhstan says seeks 16.8 pct stake in Kashagan

Tue Dec 25, 2007 8:07am GMT

ASTANA, Dec 25 (Reuters) – Kazakh Energy Minister Sauat Mynbayev said on Tuesday his country was seeking a 16.8 percent stake in the giant Kashagan oilfield, confirming earlier plans to get a stake equal to those of the projects’ largest participants.

The Central Asian state is seeking a cash payment and a stake increase as compensation for cost overruns and delay in the start of production at the world’s biggest oil find in the last 30 years.

“We hope to increase Kazakhstan’s stake to 16.8 percent,” Munbayev told reporters. read more

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Bloomberg: Kazakhstan Seeks to Double Kashagan Oil Project Stake to 16.8%

By Nariman Gizitdinov

Dec. 25 (Bloomberg) — Kazakhstan is seeking to more than double its stake in the Eni SpA-led Kashagan oil project as compensation for delays and cost overruns.

The Central Asian country’s government is seeking to raise its stake to 16.8 percent, Dinara Shaimardanova, an aide to Energy Minister Sauat Mynbayev, said today by phone from the Kazakh capital, Astana. The state currently holds 8.3 percent.

The government has disputed a second delay to the start of production at Kashagan, the world’s biggest oil discovery in 30 years, and an increase in costs that it says have more than doubled the price for developing and running the field to $136 billion. read more

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Reuters: S.Korea’s STX buys oil project stakes from Shell

SEOUL, Dec 25 (Reuters) – South Korea’s STX Energy said on Tuesday it would buy stakes in three oil exploratory wells near Faroe Islands and Ireland from Royal Dutch Shell Plc for estimated $140 million.

STX Energy, an affiliate of STX Group, said in a statement it would acquire a 10 percent stake in a well off Faroe Islands, an autonomous Danish territory. It would also buy 25 percent stakes each in two other wells off Ireland.

Drilling would start from 2008, STX Energy said.

Energy companies and trading houses in South Korea, the world’s fourth-largest crude importer, seek investment in overseas oil projects for exploration access and production rights. (Reporting by Rhee So-eui; Editing by Tomasz Janowski) read more

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Fool.com: Another Energy Shortfall

By David Lee Smith December 24, 2007

If you have math-whiz kids, consider encouraging them to become petroleum engineers. They’ll make a fortune, and probably spend time in such garden spots as Kuwait, Kazakhstan, or scenic Sakhalin Island.

As BusinessWeek recently noted, a growing shortage of technical types — petroleum engineers, geophysicists, technicians — is now plaguing the energy producers and their oilfield-services peers. Schlumberger (NYSE: SLB) CEO Andrew Gould talked about the shortage when his company released its latest quarterly results, as have other industry leaders such as ConocoPhillips (NYSE: COP) CEO James Mulva. read more

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Honolulu Star-Bulletin: UH leads ‘huge’ biofuel effort

A unique project on the Kona Coast aims to produce useable energy from algae

Vol. 12, Issue 358 – Monday, December 24, 2007

By Helen Altonn
[email protected]

University of Hawaii researchers have a significant role in a multimillion-dollar deal with Royal Dutch Shell, Europe’s largest oil company, to produce biofuel from microalgae.

“This is huge,” said Robert Bidigare, director of the Center for Microbial Ecology and Diversity. “It will put UH on the map in terms of sustainable biodiesel from microalgae.” read more

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LLOYD’S: UPDATE: Shell May Cut Jobs At Finance Department – Source

(Adds details, possible IT oursourcing.)

By Benoit Faucon
Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) may eliminate a significant number of positions at its finance department in an effort to streamline its organization, a person familiar with the matter said last week.

Separately, Shell also confirmed it was “in discussions to outsource a substantial part of its (information technology) infrastructure to three suppliers.”

Consideration of such moves follows a decision at rival BP PLC (BP) to cut into management layers to improve efficiencies and reduce expenses in October. They show other majors also see a new need to restructure as cost inflation and resource nationalism bites into profits. read more

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SmartMoney.com: UPDATE: Shell May Cut Jobs At Finance Department – Source

 

Published: December 24, 2007 9:16 AM  
(Adds details, possible IT outsourcing.)

By Benoit Faucon
Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) may eliminate a significant number of positions at its finance department in an effort to streamline its organization, a person familiar with the matter said last week.

Separately, Shell also confirmed it was “in discussions to outsource a substantial part of its (information technology) infrastructure to three suppliers.” read more

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beurs.nl: UPDATE: Shell May Cut Jobs At Finance Department – Source

Maandag 24 December 2007 14:39

(Adds details, possible IT oursourcing.) By Benoit Faucon Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) may eliminate a significant number of positions at its finance department in an effort to streamline its organization, a person familiar with the matter said last week.

Separately, Shell also confirmed it was ‘in discussions to outsource a substantial part of its (information technology) infrastructure to three suppliers.’

Consideration of such moves follows a decision at rival BP PLC (BP) to cut into management layers to improve efficiencies and reduce expenses in October. They show other majors also see a new need to restructure as cost inflation and resource nationalism bites into profits. read more

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CNNMoney.com: UPDATE: Shell May Cut Jobs At Finance Department – Source

December 24, 2007: 08:38 AM EST

   (Adds details, possible IT oursourcing.)

   By Benoit Faucon
   Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) may eliminate a significant number of positions at its finance department in an effort to streamline its organization, a person familiar with the matter said last week.

Separately, Shell also confirmed it was “in discussions to outsource a substantial part of its (information technology) infrastructure to three suppliers.” read more

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pr-inside.com: Gorgon partners will seek to add 3rd processing plant on Australian island

© AP
2007-12-24

MELBOURNE, Australia (AP) – The partners in the giant Gorgon gas project off the coast of western Australia will seek approval to add a third processing plant to boost production of liquified natural gas, Chevron Corp. said Monday.

The partners, Chevron, Royal Dutch Shell PLC, Exxon Mobil Corp., this year won approval to build two 5 million metric ton (5.5 million ton) a year liquefied natural gas processing plants, or trains, on Western Australia state’s remote Barrow Island, but will now seek approval for a third, taking total output to 15 million tons a year. read more

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Financial Times: Jan 15 deadline for Kashagan partners

By Isabel Gorst in Baku and Ed Crooks in London and Reuters
Published: December 22 2007 00:09 | Last updated: December 24 2007 08:27

Kazakhstan and the group of oil companies led by Eni of Italy have set January 15 as the new deadline for talks over the fate of the disputed Kashagan oilfield, Kazakh energy minister Sauat Mynbayev said on Monday, adding progress is being stalled by Exxon.

Kazakhstan and the consortium of oil companies on Friday came close to resolving a dispute over the Kashagan oilfield after all the foreign partners agreed in principle to sell part of their stakes in the project to KazMunaigas, Kazakhstan’s state oil company. read more

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Bloomberg: Alcatel-Lucent, InBev, Shell, Philips: European Equity Preview

By Nick Baker

Dec. 24 (Bloomberg) — The following is a list of companies whose shares may have unusual price changes in Europe. Stock symbols are in parentheses after company names, and prices are from the last close.

EXTRACT:

Royal Dutch Shell Plc (RDSA LN): Europe’s largest oil company by market value incurred production-cost increases of about 65 percent during the past two years as labor and steel expenditures rose, de Volkskrant reported yesterday, citing an interview with Chief Executive Officer Jeroen Van der Veer. The shares rose 23 cents, or 0.8 percent, to 28.90 euros. read more

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ROYAL DUTCH SHELL TOP STORIES

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Capital Newspaper (Ethiopia): Nile Petroleum negotiates for Shell Ethiopia

Addis Ababa: Sunday December 23, 2007

Oil giant Shell Ethiopia is negotiating with the new entrant in the country’s oil business, Nile Petroleum Company (NPC), and selling its operations in Ethiopia.

The state-owned Sudanese Nile Petroleum Company (NPC), which was registered in 2003 in Ethiopia, is negotiating to take over Shell’s gas stations and the main depot in the next few months.

Sources told Capital that the two parties have been negotiating for the past two months and an agreement is expected to be finalized and announced by January 2008. read more

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Big News Network: Chicken fat may signal end of future clean energy woes

Sunday 23rd December, 2007

Washington, Dec 23 : Scientists at the University of Arkansas have signalled the end of future clean energy woes by exploring supercritical methanol as a method of converting chicken fat into biodiesel fuel.

The researchers say that the findings may develop commercially viable fuel out of plentiful, accessible and low-cost feedstocks and other agricultural by-products.

R.E. Babcock, professor of chemical engineering said that the findings would lead the energy producers to think on combining petroleum-based diesel with a biodiesel product. read more

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AMERICAN-STATESMAN: Texas pension funds confront the challenge of disinvestment

By Robert Elder

AMERICAN-STATESMAN STAFF
Sunday, December 23, 2007

In September, Gov. Rick Perry asked Texas’ two largest public pensions to sell their holdings in companies that do business in Iran, a nation that he said “seeks to harm American men and women serving in the Middle East and funds terror attacks on our allies in the region.”

Three months later, Perry’s rallying cry has fallen flat.
 
The pension funds, which together control $142 billion in assets for public school educators and state employees, are moving forward with plans to divest from Iran. But they are doing so on such a small scale, pension experts say, that the impact on Tehran will be negligible, if any. read more

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Convenience Store News: Colbea Enterprises Acquires 34 Sites from Motiva

HOUSTON — In accordance with Motiva Enterprises LLC’s previously announced plan to transition all Shell-branded retail sites to wholesale-supplied, Colbea Enterprises LLC will acquire 34 Shell-branded retail sites in Rhode Island from Motiva, Motiva stated.

CSNews Online reported in a newsflash yesterday that Colbea, which currently operates 21 Shell-branded sites, will become one of the largest Shell-branded wholesalers in the Northeast as a result of the purchase, according to Motiva, which has partial ownership in Colbea. The stations will remain Shell-branded to better serve customers and maintain the brand’s awareness in the region, the company stated. read more

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The Wall Street Journal: A Happy New Year? It’s All Up to You.

Wall Street Journal image

The Wall Street Journal: A Happy New Year? It’s All Up to You.

By GREGORY ZUCKERMAN
December 23, 2007

Forget China, corporate spending, oil prices and even the growing credit crisis. The key to whether the global economy holds up, and whether the stock market can rise in 2008, likely is in the hands of the U.S. consumer.

Meanwhile, for some brave investors, the anxiety about weak consumer spending and a possible recession in the U.S. may have already created some bargains.

Reining in Spending read more

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Tehran Times: Wide-ranging talks on investment in Assaluyeh underway

Sunday, December 23, 2007 | Volume: 10216

TEHRAN (PIN) – Pars Oil and Gas Company Managing Director Ali Vakili Saturday announced that the POGC was holding wide-ranging negotiations with companies on investment in Assaluyeh.

“We are about to sign big investment contracts,” said POGC head, promising to give good news in the near future.

He made the remarks in a conference on job creators in South Pars field and added, “In defiance of international pressures for boycotting companies that invest in Iran, scores of giant companies from different countries are keen to make investment in Iran.” read more

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The Washington Post: Equipment Makers Profiting More From Oil Prices Than Producers

Washington Post image

National Oilwell Varco has locked in $8 billion in orders. BP’s Thunder Horse production platform, which cost more than $1 billion to build in the Gulf of Mexico, has yet to generate a penny. It was left listing after Hurricane Dennis in 2005. (By Robert M. Reed — Bloomberg News)

Deep-Water Problems Helping Industry Servicers

By Jim Kennett and Amy Strahan
Bloomberg News
Sunday, December 23, 2007; F03

Oil prices above $90 a barrel are doing more for shareholders of Cameron International and Baker Hughes than Exxon Mobil and Chevron. A lot more. read more

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Agence France-Presse: Clouds over Nigeria’s oil industry

23 December 2007

LAGOS (AFP) — Despite being the world’s eighth petroleum exporter and sitting on huge gas reserves, Nigeria will not have it easy over the next two years, between peristent unrest in the Niger Delta and strained relations with the major oil companies.

“In view of the current problems, their goal of 4.0 million barrels per day in 2010 seems inaccessible in the current situation,” said the head of one multinational company operating in the delta, the oil region where violence and insecurity are endemic. read more

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UpstreamOnline: Shell ‘to slash IT jobs’

By Upstream staff

Anglo-Dutch supermajor Shell is to outsource a “substantial” part of its information technology operations to cut costs, in a measure that may result in thousands of job losses.

A Shell spokewoman told Reuters today that the company was in negotiations with three companies about outsourcing the functions and that contracts should be signed in March 2008.

One employee told the Shell protest website RoyalDutchShellPlc.com that 3200 jobs could be lost, but the spokeswoman declined to confirm the numbers. read more

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Guardian Unlimited: Shell finance chief sees continuing high oil prices

Reuters Saturday December 22 2007

GENEVA, Dec 22 (Reuters) – Energy prices will remain high next year, driven by demand from developing countries, but energy companies face massive cost pressures, Royal Dutch Shell chief financial officer Peter Voser was quoted as saying on Saturday.

Voser told Swiss newspaper Finanz und Wirtschaft he did not expect a global recession next year, but growth would slow down, and the credit crisis would weigh on the economy in the United States and Europe, although less so in Asia. read more

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The Wall Street Journal: Kashagan Disputes Continue As Oil Field’s Partners Agree to Pay for Delays, A Valuation Hits a Snag

By GUY CHAZAN
December 22, 2007; Page A6A

A Western consortium developing one of the world’s biggest oil fields agreed to pay the government of Kazakhstan as much as $4 billion in compensation for cost overruns and production delays, according to people close to the negotiations.

Another key part of a final settlement of the long-running dispute over the Kashagan oil field, however, is proving more elusive. All of the partners have agreed to give Kazakh state oil and gas company JSC NC KazMunaiGas a larger stake in the Kashagan consortium. But one of them, Exxon Mobil Corp., is unhappy with the price that KMG is offering. read more

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The Wall Street Journal: Little Surprise: Oil Prices Will Rise Forecasts, Often Low, See Gas Increase of 10%

Wall Street Journal Chart 

By NEIL KING JR.
December 22, 2007

Oil-price prognosticators, bruised after an unusually volatile spell in the oil patch, have reached a rough consensus on next year: Oil will be even costlier, even if the economy cools.

Consumers are likely to pay a lot more at the pump, too. The Energy Department predicts that far higher average oil prices will force gasoline prices to even out at $3.11 next year, up 10% from the average price of $2.81 this year.

World crude prices have long tracked the thirst for oil in the U.S., which consumes about a quarter of the world’s oil output. But recent months have shown how decoupled the oil market is becoming from the economic ups and downs of the world’s largest energy consumer. 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.

The Mayo Advertiser: Shell to Sea take over Minister’s office

Current Publication Date: 22/12/2007
Geraldine Carr

On Wednesday last week Shell to Sea protesters gained access to the office of Mr Eamon Ryan, the Minister for Natural Resources, and unfurled a banner on the roof which read “Protect Ireland’s natural resources”, while a large group of supporters gathered outside.

In a statement released by Shell to Sea, the reason for this action was to “bring to public attention the government’s support for every aspect of the Rossport pipeline/refinery scheme, and the giveaway of Irish natural resources to multinational companies like Shell, with no lasting benefit for people in Ireland.” read more

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The Herald: Shell sells controlling interest in Dunlin cluster to Fairfield

IAN McCONNELL, Business Editor
December 22 2007

Shell and ExxonMobil last night announced they had sold their controlling interests in the Dunlin cluster in the North Sea, 195 kilometres north-east of Lerwick in Shetland, to UK oil and gas independent Fairfield Energy and Mitsubishi Corporation of Japan.

Fairfield Energy announced back in June that it had entered into exclusive negotiations with Shell UK and US giant ExxonMobil’s Esso Exploration and Production UK subsidiary to acquire this pair’s combined 56.8% interest in the Dunlin and Dunlin Southwest fields, joint 97.6% stake in the Merlin field, and total 100% interest in the Osprey field. Osprey and Merlin are linked to Dunlin by sub-sea tie-backs. read more

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Globe & Mail (Canada): Shell files plans to ramp up output

DAVID EBNER

December 22, 2007

Royal Dutch Shell PLC has filed official regulatory applications to Alberta’s energy overseer for several expansions of its oil sands operations, which currently produce about 155,000 barrels of bitumen a day. A $13-billion project to produce an additional 100,000 barrels a day is under way. The new applications – for which general plans were first announced in January, 2007 – request approval for a further 300,000 barrels a day at two different mines. That figure, along with existing approvals, could push the company’s total production potential past 700,000 barrels a day. read more

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RTE (IRELAND): Outsourcing threat to Shell jobs

 RTE

Shell 3,200 jobs could go Friday, 21 December 2007 16:25 Royal Dutch Shell is to outsource a ‘substantial’ part of its information technology operations to cut costs, in a measure that may result in thousands of job losses. A Shell spokewoman said today that the company was in negotiations with three companies about outsourcing the functions and that contracts should be signed in March 2008. One employee told the Shell protest website RoyalDutchShellPlc.com that 3,200 jobs could be lost, but the spokeswoman declined to confirm the numbers. Shell sources said thousands of jobs could be involved but that many of these were contract positions rather than staff members. An internal Shell email obtained by the website lists EDS, T-Systems, the business customer unit of Deutsche Telekom, and AT&T, as being the companies in final talks on taking on different aspects of the business. http://www.rte.ie/business/2007/1221/shell.html
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Guardian Unlimited: Shell to cut thousands of IT jobs

Reuters
Friday December 21 2007
By Tom Bergin

LONDON, Dec 21 (Reuters) – Royal Dutch Shell Plc is to outsource a “substantial” part of its information technology operations to cut costs, in a measure that may result in thousands of job losses.

A Shell spokewoman said on Friday that the company was in negotiations with three companies about outsourcing the functions and that contracts should be signed in March 2008.

One employee told the Shell protest website RoyalDutchShellPlc.com that 3,200 jobs could be lost, but the spokeswoman declined to confirm the numbers. read more

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Financial Times: Chevron in Australian LNG boost

By Sheila McNulty in Houston
Published: December 21 2007 22:00 | Last updated: December 21 2007 22:00

Chevron is planning to step up its investment in the huge Gorgon liquefied natural gas project off the coast of western Australia. The US’s second biggest oil and gas company is seeking approval from the Australian authorities to build an additional liquefaction plant, the company has told the Financial Times.

It has endorsed a change in project scope from two plants – with capacity of 5m metric tonnes per annum – to three in an effort to improve project economics amid mounting industry cost pressures. read more

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Reuters: UPDATE 1-Shell resumes some oil sands mining

Fri Dec 21, 2007 11:24am EST 

(Adds details)

CALGARY, Alberta, Dec 21 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) has resumed some oil sands mining at its Athabasca project in northern Alberta, but volumes will be tied to the gradual start-up of its Scotford upgrader near Edmonton, a spokesman said on Friday.

One of two production trains at the 155,000 barrel a day upgrader, which was shut down after being damaged in a Nov. 19 fire, is still expected to resume operations before the end of this month, Shell’s Randy Provencal said. read more

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SHELL TO CUT THOUSANDS OF IT JOBS…

IF ANY MEDIA SOURCE WOULD LIKE TO CONTACT ME FOR FURTHER INFORMATION ON THE ABOVE REUTERS STORY, I HAVE A LONG EMAIL FROM A SHELL IT VICE PRESIDENT LEAKED TO US ON THE SAME DAY IT WAS SENT: WEDNESDAY 19 DEC 2007. WE ALSO HAVE OTHER LEAKED DOCUMENTS RELATING TO THE SAME SUBJECT AND INFORMATION SUPPLIED BY A SHELL INSIDER. IN ADDITION, WE HAVE EMAIL CORRESPONDENCE WITH MICHIEL BRANDJES, COMPANY SECRETARY OF ROYAL DUTCH SHELL PLC CONFIRMING TO US THE AUTHENTICITY OF THE LEAKED EMAIL. MR BRANDJES HAS ALSO SUPPLIED COMMENT FOR PUBLICATION. 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.

Reuters: Shell to cut thousands of IT jobs

Fri Dec 21, 2007 11:18am EST 
By Tom Bergin

LONDON, Dec 21 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) is to outsource a “substantial” part of its information technology operations to cut costs, in a measure that may result in thousands of job losses.

A Shell spokewoman said on Friday that the company was in negotiations with three companies about outsourcing the functions and that contracts should be signed in March 2008.

One employee told the Shell protest website RoyalDutchShellPlc.com that 3,200 jobs could be lost, but the spokeswoman declined to confirm the numbers. 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.

Itar-Tass: Sakhalin-2 project gas supply delayed till spring 2009

21.12.2007, 12.16
 
MOSCOW, December 21 (Itar-Tass) — The liquefied gas will be exported not in 2008, as it was planned earlier, but in spring 2009 under the Sakhalin-2 project, Governor of the Sakhalin region Alexander Khoroshavin told Itar-Tass on Friday.

“Some delays are taking place that make it clear that liquefied gas supplies will not be made in 2008. It will likely be spring 2009,” he said.
 
http://www.itar-tass.com/eng/level2.html?NewsID=12202677&PageNum=0

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TradingMarkets.com: CNPC and Shell May Be Strategic Partners after Meeting

Friday, December 21, 2007
 
BEIJING, Dec 21, 2007 (SinoCast via COMTEX) — RD | charts | news | PowerRating — China National Petroleum Corporation (CNPC), the nation’s No.1 oil & gas producer, is talking with Royal Dutch/Shell Group in Beijing and may sign a strategic cooperation agreement, after inking a 30-year contract with US-based Chevron Corporation to jointly exploit natural gas in China’s Sichuan Province days ago.

The top managers of the Chinese oil giant are discussing with Jeroen van der Veer, CEO of Shell, about the details of the downstream and upstream projects, and the two sides will likely sign related documents to clinch, sources said. read more

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Reuters: UPDATE 1-Gazprom aims for Sakhalin-2 LNG export by end-2008

Fri Dec 21, 2007 8:06am EST 

TOKYO, Dec 21 (Reuters) – Russia’s gas export monopoly Gazprom (GAZP.MM: Quote, Profile, Research) will try its best to begin first exports of liquefied natural gas (LNG) from Sakhalin-2 to contracted customers by the end of 2008, its deputy chairman Alexander Ananenkov said on Friday.

His comments came shortly after the governor of Sakhalin said Sakhalin Energy, one of the world’s top LNG projects on Russia’s Pacific Sakhalin island, will delay first LNG exports to Asia by six months to spring 2009 due to problems with pipelines. 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.