Shell offered a 42 percent premium for Duvernay, which has more than 500 Montney drilling prospects that could contain more than 1 trillion cubic feet of reserves, according to the Canadian company's annual report.
July 17th, 2008:
British Columbia Sets Land Sale Record on Natural-Gas Project
Don Marketing Bottle Label Game: CINZANO INSTANT ROULETTE
CINZANO drinkers could be in for a bonanza this Christmas in a £100,000 prize promotion. A breakthrough, by promotional games specialist, Don Marketing, has created what is claimed to be the first ever scratchcard competition to appear on a bottle label.
Nigeria: Oil Fields – Senate Committee Faults Shell/Agip’s Agreement
Director of DPR, Aliyu Sabo-Benu, said the operating agreement between Agip and Shell in respect of the oil blocks was illegal.
Shell buys Basell property
Christina Zimmer, a spokesperson at Shell's Corunna refinery, said the company signed an agreement to buy the Basell property and equipment, located east of the refinery
Shell, BPZ May Invest $300 Million to Seek Peru Oil (Update2)
Royal Dutch Shell Plc and BPZ Resources Inc. may spend $300 million to jointly explore for oil and gas off Peru's north coast, BPZ's Chief Executive Officer Manuel Zuniga said today.
The legal dispute between Shell and Don Marketing… has become a public feud
The legal dispute between Shell and Don Marketing over the origin of two promotions has become a public feud, with both sides adopting hardline positions.
Corrib security company’s alleged surveillance ‘a civil matter’
Shell EP Ireland confirmed that surveillance is taking place at Glengad, but denies there is any footage of children and says that "no house is under surveillance". Several Mayo-based journalists have been filmed or observed the filming, and photographs were published in this week's Mayo News and Mayo Echo.
Glengad family tormented by Shell surveillance
A GRANDFATHER living beside the Shell compound at Glengad beach, where the Corrib gas pipeline comes ashore, says his family has been tormented by security staff who, he claims, are constantly filming him and his grandchildren.
Shell to Sea Update on Shell Corrib Gas Project
There is now a new security firm operating in the area on behalf of Shell. Over the last week Shell have got some seriously bad press over the surveillance and intimation of local residents which included the filming of families and children on glengad beach...
Russia’s TNK-BP employees suing CEO Dudley
MOSCOW, July 17 (Reuters) - A group of employees at BP's (BP.L: Quote, Profile,Research, Stock Buzz) troubled Russian oil venture TNK-BP have filed a lawsuit in Moscow against the firm's chief executive, accusing him of mismanaging the company in the absence of a proper contract.
Australia’s Nexus plans $975 mln gas exploration
Nexus' Crux field, in which Royal Dutch Shell Plc has a stake in some of the permits, has proven and probable reserves of about 71 million barrels of condensate and about 2 tcf of contingent gas resources.
Sunoco Picks Shell Veteran Elsenhans for CEO Job
Sunoco's choice of Ms. Elsenhans as CEO is a milestone for the oil industry, where women executives are few.
In California, Support Grows for Offshore Drilling
With gas prices rising, California residents are softening their long-held opposition to offshore drilling, a new opinion poll suggests.
IRS to Close Loopholes in U.S. Tax Accords after UBS Bankers Guilty Plea (Shell CFO Peter Voser is a director of UBS)
In court papers filed last month, the IRS quoted former UBS official Bradley Birkenfeld as saying the bank separated clients into those willing to comply with disclosure rules and those who wanted to remain hidden. Many of the clandestine depositors hid assets by using layers of shell companies.
Woodside Petroleum Sales Rise 52% on Prices, Output (Update2)
The company, 34 percent-owned by Royal Dutch Shell Plc, began production at the 50 percent-owned Stybarrow field off northwestern Australia in November and the Neptune project in the Gulf of Mexico commenced earlier this month, while the Vincent oil project, also off northwest Australia, is set to start up in August.
Shell’s Canadian Gas Play
By the simple act of opening its wallet and extracting a few billion dollars, Royal Dutch Shell (NYSE: RDS-A)(NYSE: RDS-B) is getting involved in what may become one of the biggest natural gas plays in North America. Or at least it'll do so when it completes the purchase ofDuvernay Oil.
Gunmen Attack Naval Houseboat in Nigeria; 5 Dead
The houseboat was stationed near an oil piping station run by Shell Petroleum Development Co., a joint venture whose major owners are Royal Dutch Shell and the Nigerian government.