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Posts on ‘May 28th, 2008’

ENI makes subsea discovery in deep waters offshore USA

Eni owns a 15% working interest in Stones. Shell (operator 35%), Marathon (25%), and Petrobras (25%) are the other partners.

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Shell quits UK windfarm

James Smith, speaking at a climate change workshop hosted by Thomson Reuters on Wednesday, said Shell had decided to sell its share of the London Array windfarm project after capital costs increased significantly in the past year.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Exxon Mobil Shareholders Reject CEO-Chairman Split (Update2)

May 28 (Bloomberg) -- Exxon Mobil Corp. shareholders rejected resolutions calling on the world's largest company to bar its chief executive officer from serving as chairman and adopt greenhouse-gas reduction targets.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to use next generation biofuel at the 24 Hours of Le Mans race

Shell is demonstrating its commitment to fuels innovation and the development of sustainable, low-carbon fuels with the blending of BTL (Biomass to Liquids) into its Shell V-Power Diesel race fuel at the 24 Hours of Le Mans race, in France on June 14, 2008.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Exxon Chief Defeats Challenge

DALLAS —Exxon Mobil’s chairman and chief executive, Rex W. Tillerson, defeated a shareholder effort on Wednesday to take away one of his jobs at an annual meeting punctuated by a debate of the company’s policy toward renewable energy and global warming.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

ExxonMobil shareholders air grievances

ExxonMobil, the world's largest publicly-owned energy company, took up a series of proposals Wednesday made by shareholders who are dissatisfied with the company's direction.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell contains Nigeria oil spill, Bonny affected

LONDON, May 28 (Reuters) - Royal Dutch Shell said on Wednesday it had contained an oil spill following a pipeline attack in Nigeria earlier this week but added it could still not meet all supply obligations for Bonny Light crude.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

ExxonMobil AGM today: Fireworks expected as shareholders gather

Exxon Mobil Corp.'s chairman and chief executive, Rex Tillerson, will have a fight on his hands today to keep the two top jobs at the world's biggest publicly traded oil company, as some members of the Rockefeller family and other shareholders push to separate the roles.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Crude Rally Falters, Down 2.5%

Tuesday was the first U.S. trading session following an attack by Nigerian militants Monday on a Royal Dutch Shell PLC pipeline.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Jakarta signs methane deal in scramble for energy

Numerous foreign companies, including Shell, BP, Total, Arrow and Marathon, are eyeing the sector...

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Obama: Shell connections

Broderick Johnson, a registered lobbyist for Shell and Verizon, is also a voluntary adviser to Mr Obama...

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

What IT means to me: ‘Never start IT initiatives for the sake of IT’

Some 3,000 Shell IT staff will be transferred to the newly appointed service providers leaving about 600 specialists to work on key strategic, architectural and standardisation issues. It is one of the largest outsourcing deals of recent years and innovative in its use of multiple suppliers.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Talks aim to avert Arctic oil rush

Commercial interest in exploiting the Arctic is hotting up. Denmark recently attracted the likes of ExxonMobil and Chevron, the two biggest US energy groups, along with several smaller players, to explore off its western coast. Alaska, meanwhile, garnered aggressive bidding by Royal Dutch Shell, Europe's biggest energy group, which earlier this year won the right to explore the remote part of the state's Arctic North Slope.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Big oil lends to Nigeria

Royal Dutch Shell is one of a number of oil majors talking to the Nigerian National Petroleum Corporation, the state-run oil company, about terms for huge loans to kickstart exploration and production in the country. Between them, Shell, ExxonMobil and Total are contributing about $6bn.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell warns Nigeria of threat to confidence

Shell voiced its concerns shortly after agreeing, in a separate move, to lend the government $3.1bn (€2bn, £1.6bn) to help kick-start stalled projects in their Niger Delta joint venture - the Shell Petroleum Development Company (SPDC).

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UBS tells unit staff to avoid US visits: Shell CFO Peter Voser is a director of the scandal hit Swiss bank

UBS’s travel restrictions suggest it is concerned that the investigations by the US Department of Justice and the Securities and Exchange Commission may widen.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Biofuels now seen as polluting and a threat to forests and food production

Brazil's ambitious plans for supplying the world with renewable sugarcane ethanol have been put on hold as criticism of biofuels escalates. Instead of being seen as a solution, biofuels have become the new villains of the energy scene and are now blamed for everything from hunger to climate change itself.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Gordon Brown calls on Opec to lift production amid surging oil price

Gordon Brown has called on the world's biggest oil producers to increase their dialogue with the key consumers of crude and remove any barriers to increasing future production

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

George Soros: ‘We face the most serious recession of our lifetime’

'This is a period of wealth destruction. The people who make money will be few and far between. There will be a lot more money lost than made." When George Soros - the phenomenally successful hedge fund manager - says this, you know something is wrong, very wrong. And indeed it is.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BP backs CEO over Russian oil venture row

TNK-BP was recently forced to give up a major Siberian gas project to Russian state gas company Gazprom and has been raided by Russian security services, signs, according to industry experts, of pressure being brought to bear by the Russian government. All shareholders have stated publicly they do not want to sell down their share in the joint venture.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

When coming second can be a winning ticket

At Shell, it's more complicated but still very much about personal pique. Three top executives, Malcolm Brinded, Linda Cook and Peter Voser, are to be paid up to €1 million (£796,000) in restricted shares if they hang around until 2011. The date is crucial, being two years after the expected retirement of Jeroen van der Veer, Shell's chief executive. We can, therefore, assume that these individuals are not likely to get the top job. If any of them were a leading contender, there would be no need to bribe them to stick around for the biggest promotion of their careers. The Shell board is terrified that the three veterans might pack their bags just as the new chief walks in the door.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Digs Deep to Find New Oil

The era of easy oil is over and the race is on to produce tomorrow's oil from new and more hostile frontier environments.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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