April 7th, 2008:

iNSnet.org: Shell urges government action on CO2 emissions

International | energy | 2008-04-07
Source: iNSnet

Royal Dutch Shell Plc chief executive Jeroen van der Veer will today ask governments to act swiftly to adopt new policies and mechanisms that promote lower CO2 emissions as part of society’s response to the threat of climate change.

Speaking in Brussels at the European launch of the Shell Energy Scenarios, Mr. van der Veer will in particular call upon European policymakers to urgently put in place incentive measures to ensure the rapid development of techniques to store CO2 underground. read more

To [email protected]

In my opinion, Mayor Bloomberg’s support for Congestion Pricing contradicts his support for Shell Broadwater.

See article and links below

(email address supplied)

This year’s discovery of as much as 500 trillion cubic feet of natural gas in the “super giant” Pennsylvania Marcellus field, 90 miles from New York City (Wall Street Journal 4/3/2008, Penn State) is a reminder that the needle’s not on empty. In fact New Yorkers are very lucky to have a choice: A) make do with with the gas we have (we have a lot), or B) start a dependency on imported natural gas from Shell Broadwater. read more

The Australian: Chevron boss in ‘exciting’ times

Nigel Wilson, Energy writer | April 07, 2008

ROY Krzywosinski is formally head of Chevron’s Australasian strategic business unit.

But his real job is to turn Chevron’s huge undeveloped northern Australian gas resources into products, headlined by the long-running Gorgon LNG development.

The Western Australian Environment Protection Authority, not an organisation overly enthusiastic about a major industrial plant in a class A nature reserve on Barrow Island, has given Chevron and its partners, Exxon Mobil and Shell a bit of a break. Instead of restarting the clock on environmental assessment, the EPA has decided a lesser, but still very rigorous review, will be made of the plan to lift Gorgon output to 15 million tonnes a year. read more

Doris Leblond
OGJ Correspondent

PARIS, Apr. 7 — Esso SAF says it intends to continue investments at its two refineries and service station network in France at the rate of €100 million/year, which it has kept up since its 2003-04 peaks of €270 million. Last year, there was an extra investment of €31 million as it carried out a major turnover of its Port-Jerome-Gravenchon refinery and petrochemicals site within a 5-year cycle.

Apart from Total SA, which is on its home ground, Esso SAF is the only oil major now operating refineries in France, following the withdrawal of BP and Shell. And it intends to remain “a major player in the sector,” said Chairman and CEO Francis Duseux at a press conference Apr. 3 dedicated to reporting the company’s 2007 results. read more

PRNewswire: Motiva Transitions Its Interest in 22 Connecticut Shell Stations

Wholesale Fuel Distributors to Serve as Wholesaler

HOUSTON, April 7, 2008 /PRNewswire/ — Motiva Enterprises LLC (Motiva), the company that markets Shell-branded gasoline in the eastern and southern United States, today announced it has sold its interest in 22 Fairfield, Connecticut-area Shell-branded gasoline stations to Connecticut Dealer Stations, LLC and 372 Wilton Associates, LLC. In addition, Motiva entered into a wholesale marketer agreement with Wholesale Fuel Distributors CT, LLC, which also acquired all of the dealer leases and supply agreements read more

PRNewswire: Shell Expands Retail Footprint in Chicago

Leading Chicago-area Wholesalers to add Gasoline Stations to Shell-Branded Network

HOUSTON, April 7, 2008 /PRNewswire/ — Shell Oil Products US (Shell), the marketer of the No. 1 selling gasoline brand in America, announced today that it has signed agreements with three leading wholesalers to bring a number of new Shell-branded gasoline stations to the greater Chicago area, making it even easier for area motorists to purchase high-quality Shell fuels. Leading Chicago-area gasoline wholesalers Graham Enterprise Inc., Parent Petroleum and Texor Petroleum Company will distribute Shell-branded gasoline to converted and new construction sites. read more

April 7th, 2008 08:46

Dear Sir, I have no doubt that Mr. Briggs is right re Branding etc. As a veteran oil executive working for another major but not Shell, I must admit that I address first the matter of the bottom line and the return to investors. Like with every major oil company, the E&P division is the main contributor for both, sometimes to the tune of 70 to 80 percent. Downstream operations, albeit lucrative, are only contributors to the tune of 20 maybe 30 percent of revenues. Branding is probably no more than a fraction in terms of adding to said bottom line in the big picture. By all means, have a go at Shell if you think they are doing wrong (I personally think you exaggerate the negatives and deliberately neutral on the positives but that is a personal view) but you are giving the Branding issue more prominence than it merits. read more