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Posts on ‘July 8th, 2008’

UPDATE 1-Shell scraps plans for new Canadian refinery

CALGARY, Alberta, July 8 (Reuters) - Royal Dutch Shell Plc (RDSa.L:Quote, Profile, Research) has canceled plans to build a new multibillion-dollar refinery near Sarnia, Ontario, due to poor market conditions and surging costs, the oil major said on Tuesday.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell may process oil sands crude at US refineries

Reuters UK

Shell may process oil sands crude at US refineries

Tue Jul 8, 2008 1:59pm EDT CALGARY, Alberta, July 8 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote,ProfileResearchStock Buzz) may process tar-like crude from its Canadian oil sands holdings at some of its U.S. refineries, rather than at a proposed C$27-billion ($26-billion) plant in Alberta, the head of the oil major’s Canadian unit said on Tuesday.

Shell is still evaluating options and the timing for future phases of its Athabasca oil sands project, which now produces 155,000 barrels a day.

The company and its partners have proposed boosting oil sands output to 770,000 barrels a day over the next several years, and two years ago announced plans for an upgrading plant to be built in four 100,000-barrel-a-day stages.

“There’s a range of options being looked at. One potential outcome is that all that upgrading’s done in Alberta,” David Collyer, Shell’s country chair for Canada, told reporters. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell Canada announces refinery project dead

Despite "unprecedented" community and government support, Shell Canada has announced it will not proceed with its refinery project in St. Clair Township.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell Sarnia Refinery Project Halted

Major disappointment for Sarnia Lambton Tuesday. Shell is abandoning plans for a multi billion dollar heavy oil refinery in St Clair Township.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Elusive peace in Nigeria’s oil Delta

Last week, an attack by militants close to the Bonny Island Liquefied Natural Gas export terminal killed nine people, including a pregnant woman and four soldiers.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell, Valero Unfazed So Far By Mexico Oil Export Slump

Royal Dutch Shell Plc (RDSA) is receiving Mexican crude oil at or above levels stipulated in its contract with Petroleos Mexicanos, or Pemex, at its Deer Park, Texas, refinery, Shell said in an email Monday. Shell spokesman Destin Singleton said the refinery also receives crude from other sources.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

The Market Is Responding to the Oil Shock

As prices have risen, worries about energy security and long-term climate effects have reached a fever pitch.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

BP Thwarts Ouster of Oil Venture’s Chief

Beyond proving an adage in Russian investing — do not turn your back on your Russian partner — the vote highlighted the continuing struggle of BP to maintain control over a pumping asset that is exceptionally important for its global business.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Brown fails to ease tensions with Kremlin

Gordon Brown's hopes of a thaw in Britain's relationship with the Kremlin received a setback yesterday after "sharp-edged" talks with the new Russian president, Dmitry Medvedev.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oil price shock means China is at risk of blowing up

The great oil shock of 2008 is bad enough for us. It poses a mortal threat to the whole economic strategy of emerging Asia.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

UK oil assets sold to Arab Emirate company

UK oil companies Shell and Esso have agreed to sell assets in the North Sea to the Abu Dhabi National Energy Company, Taqa.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Robert Dudley clings on by fingertips to TNK-BP job

However, he appears to have won only a temporary respite from their attempts to remove him.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Dudley survives TNK-BP challenge

Robert Dudley, the BP-backed chief executive of TNK-BP, survived a move by BP’s Russian partners in the oil venture to have him dismissed on Monday...

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Cook in pole position in race to be Shell chief

Linda Cook, the head of gas and power at Royal Dutch Shell, has moved into pole position to be the first woman chief executive of a major international oil company, after Peter Voser, the company’s chief financial officer, was reported to have dropped out of the race.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell says it can squeeze 10 more years from Ursa

Royal Dutch Shell said it extended the life of its Gulf of Mexico oil field by 10 years after injecting water to push out displaced crude.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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