...oil markets reacted nervously to news that Shell Oil Co had began flying workers from platforms in the western Gulf of Mexico.
July, 2008:
U.S. oilpatch braces for year’s first big storm
Cook leads in Shells two-horse race
The withdrawal from the race of Peter Voser, the chief financial officer who has been in talks with UBS, where he is already a director and head of the audit committee, has left Ms Cook and Mr Brinded, the executive director of exploration and production, as the two contenders. Both have strengths, but both also have significant weaknesses.
The Russia-Venezuela Alliance: Using Energy for Geopolitical Advantage
When Venezuela's President Hugo Chávez touches down in Moscow on July 22 to meet with the duumvirate of Prime Minister Vladimir Putin and President Dmitry Medvedev, he will be ready for more than the usual diplomatic photo-op. This odd trio will be well-positioned to plan substantial international mischief.
Shell Leman Gas Field in U.K. North Sea Halts Output (Update1)
Royal Dutch Shell Plc stopped output at its North Sea Leman natural-gas field, which supplies fuel to Bacton in eastern England, because of unspecified malfunctions.
California Shell Dealers Score Crucial Victory
Article added to Online Archive
Convenience Store News
California Shell Dealers Score Crucial Victory
Publication: convenience store news Date: Wednesday, November 6 2002 LOS ANGELES — It’s been a long time since running a gas station has been reasonably lucrative for independent franchise dealers like Al Buczkowski, who runs a Shell convenience store in Oak View, Calif.But a $71 million dollar jury award against Shell last week in Los Angeles Superior Court has given Buczkowski and other Southern California dealers hope they eventually will get a break, according to the Ventura County Star.
The 12 dealers in the Valu Gas vs. Equilon Enterprises lawsuit, which includes Buczkowski, two other Ventura County dealers and a former area station owner, will share $5.5 million in direct damages and $66 million in punitive damages. Shell said it plans to appeal the verdict.
EON, Dong buy Shell stake in British wind farm
The biggest German power group, EON, and Dong Energy of Denmark have bought additional stakes in the London Array wind park from the Anglo-Dutch energy company Shell, an EON statement said Monday.
Activists again stormed the main office of Pilipinas Shell in Makati City on Monday
Activists again stormed the main office of Pilipinas Shell in Makati City on Monday, pelting it with slippers to protest rising oil prices and call the recent diesel rollback of P1.50 per liter insignificant.
Federal Court Rejects Dominion’s LNG Expansion
Norway's StatoilHydro ASA, BP PLC and Royal Dutch Shell each own capacity at the terminal. Press officers from BP and Shell weren't immediately able to comment.
Shell grilled by U.K. Treasury Select Committee over role of speculation in the rise of oil prices
The U.K.'s Treasury Select Committee last week held a hearing into the regulation of oil markets at which witnesses from the FSA, oil market ICE Futures Europe and Anglo-Dutch oil giant Shell were grilled over the key factors behind the rise in oil prices, including the role of speculation.
Gulfsands Petroleum unveils Syrian oil operation
Sources in Damascus, a distinctly unglobalised economy, could point only to the longstanding natural gas and oil involvement of Shell and a branch of Costa Coffee when asked for other examples of British investment in the nation.
Natural Resources: Monday July 21, 2008
Royal Dutch Shell, the Anglo-Dutch oil group, has agreed to sell its stake in the £2.5 billion London Array, the worlds largest offshore wind farm, to E.ON and Dong Energy, its former partners.
Shell stops paddling and jumps in pensions pool
After much dipping of toes in water, Royal Dutch Shell has finally taken the pensions pooling plunge. Following the examples of Unilever and Nestlé, the oil company will pool all its global pension and insurance assets in order to outsource administrative and other functions to JPMorgan.
SHELL STOLE INTELLECTUAL PROPERTY, ALLEGES DON
Don evolved Shell's legendary 'Make Money' promo back in 1984 (still the benchmark by which the success of forecourt promotions is measured) and the relationship between the two companies - now sadly soured - spans thirteen years.
DON MARKETING STEPS-UP ITS ATTACK ON SHELL
Don then formed a Shell Corporate Conscience Pressure Group and mailed Shell dealers and institutional shareholders accusing the oil giant of a cover-up involving a "flawed promotion".
Shell is back making money
Shell's retail advertising and services manager Mike Beach: 'We could not find anything better, and we finally accepted the argument Don Marketing had originally put to us in its favour as much as two-and-a-half years ago.'
Sending the Message To Shell Overseas
On Tuesday, First Nations drumming and chants of "Get the Shell Out" echoed throughout Terrace, as over 250 people took to the streets in a rally protesting Shell's coalbed methane project.
DEBRIEF: SHELL IN HIGH COURT SUIT OVER SMARTCARD SCHEME
Self-cast in the role of David to Shell's Goliath, Donovan has successfully pursued earlier legal actions against Shell for infringement of his intellectual property; he also won an interim hearing against the oil giant for alleged libel.
Civilians and oil firms flee Niger Delta as guerrilla attacks worsen
Threatened with beheading and harried by pirates who robbed them, people fleeing the Niger Delta's Bonny Island this weekend struggled to reach Port Harcourt, the regional capital, as the conflict worsened between armed groups and Nigeria's armed forces.
Great Eastern Energy
BG Group's hostile and increasingly nasty bid for Origin, coupled with Shell's deal with Arrow, has demonstrated the value of new and unconventional sources of gas as well as the profits to be made from moving said gas from low-cost countries to high-value markets.
BP bosses block Russia dividend
"This is BP playing hardball and hitting the Russians where it hurts."
Russian roulette as oiligarchs battle over TNK
After the destruction of Yukos and marginalisation of Royal Dutch Shell at the Sakhalin gas field, TNK is next on the list.
Royal Dutch Shell sells wind stake to Eon and Dong Energy
Under a settlement reached last week, the utilities agreed to divide Shells one-third stake evenly between them. Eon and Dong will now own 50% each.
Judge Shell by actions not words
During the current litigation, Shell has employed undercover investigators who have used outright deception in the course of their activities. I have a letter from Shell's legal director, Richard Wiseman, admitting Shell's association with the covert activities (copy available on request).
Chambers’ move in promotional games
Last summer's Great Guinness Challenge, recently nominated for an ISP award, was developed by Don Marketing and was' coordinated by Chambers at ABM. This promotion is believed to have increased sales of draught Guinness by up to 30 per cent in the 22,000 participating pubs and clubs. The current 'Pint Size Guinness Book of Records' promotion was the result of a similar successful link-up.
Two refiners, Premcor and Equilon, settle with Hartford residents for $16 million
A judge has approved a settlement of $16 million among several Hartford residents and two big refining companies in an ongoing dispute over a huge plume of gasoline beneath the village. Only two of several plaintiffs, Premcor and Equilon, have agreed to settle.
New Sunoco chief will build on experience at Shell
Sunoco's new leader has a challenging road ahead as she leaves her Houston-based position running global refining for Royal Dutch Shell, an analyst said Friday.
U.S.-Iran Thaw Hinges on Nuclear Discussions
France's Total SA pulled out of a $10 billion natural gas project last month to develop Iran's South Pars field, citing political risk. Royal Dutch Shell PLC and Spain's Repsol YPF have also pulled back from gas projects due to political pressure.
Oklahoma deal signals growing trend for hard-to-extract ‘tight gas’
On Monday, Royal Dutch Shell announced an agreed C$5.9bn (£2.9bn) deal to buy Duvernay Oil, a gas producer in western Canada.
Attack on Australian carbon trading scheme
Woodside, which is 34 per cent owned by Royal Dutch Shell, said the A$15bn (US$14.6bn, £7.3bn, 9.2bn) LNG export industry was unlikely to qualify for free permits under a scheme that proposes two levels of assistance for heavy emitters
BP counts cost of Russian dispute
...it is not surprising that there is talk among some investors that BP should just exit Russia by the least painful route it can find.
In Dispute With BP, Kremlins Hand Is Seen
The Kremlin has been methodically reasserting control over the oil industry since effectively renationalizing the Yukos oil company from private owners just as oil prices began to spike in 2004. Subsequently, the Anglo-Dutch company Shell, the Russian company Russneft and TNK-BP have all been compelled to sell assets or renegotiate deals.
BP retains law firm for Russia venture fight
Oil giant BP has begun marshalling its defences in the battle for control of TNK-BP by retaining the services of a leading Russian law firm.
E.ON and Dong Energy to acquire London Array stake of Royal Dutch Shell
The Times
July 19, 2008
E.ON and Dong Energy will, over the coming days, acquire the stake Royal Dutch Shell has vowed to give up in their joint London Array wind farm project, according to reports. The three groups, each owning a third of the project, jointly planned the 1,000 MW off-shore wind park, but Shell in May said that it would withdraw from it.
http://business.timesonline.co.uk/tol/business/industry_sectors/article4359939.ece
Nissan X-Trail that runs on zero shame
Very few hydrogen centres exist in Britain there is a station in Birmingham and one in Wales but officials insist that oil giants such as BP and Shell have the design experience and safety expertise to install hydrogen pumps on forecourts.
Shell says Deer Park Texas refinery FCCU ramping up
Shell Oil Co. said on Friday it was boosting rates at its 67,000 barrel per day fluid catalytic cracking unit at the Deer Park refinery in Texas after an electrical problem Thursday night cut rates to the unit.
Duvernay Directors Unanimously Recommending Acceptance of Shell Canada Offer
Duvernay Oil Corp. ("Duvernay") (TSX:DDV) announced today that the mailing of its Directors' Circular unanimously recommending that the holders of common shares of Duvernay accept the previously announced cash offer by Shell Canada Limited...
Shell stands firm on Smart charges
Don Marketing director, John Donovan, issued a writ against Shell on 9 April claiming multi-million pound damages.
Emissions scheme adds to LNG costs, Shell says
Ms Cook, who is based in The Hague, said Australia was an attractive place to develop LNG because of its large resource base and its proximity to large markets in Asia. Shell owns 34 per cent of Woodside and has stakes in several potential LNG projects in Australia including Gorgon, Wheatstone, Browse, Sunrise, Prelude and a Gladstone project.
Shell urges Rudd to protect LNG
Shell Australia chairman Russell Caplan and the company's global head of gas power Linda Cook said yesterday they would continue to work with the federal Government to ensure the interests of the emissions-intensive, trade-exposed (EITE) sector were catered for in the carbon trading regime.
Shell sees no problem in dealing with concerns over coal seam gas
Royal Dutch Shell's global head of power and gas, Linda Cook yesterday said the super major was still looking for new CSG openings in Australia to add to its recently added stake in Arrow Energy. "We've had that (CSG) on our radar for some years," Ms Cook said during a visit to Australia.
Forecourt Trader: Don’s Smart writ
Shell UK is being sued for allegedly breaching copyright on the idea it used to create Shell Smart Card, its loyalty programme.
‘Phenomenal’ oil and gas rights sale sets stage for exploration push in B.C.
The high-priced sale, along with Royal Dutch Shell PLC's $5.23-billion agreement earlier this week to buy a key operator in the region, Duvernay Oil Corp., highlights how hot the region is right now.
Shell Says Carbon Capture Could Cut EU Emissions 3.7% by 2015
Royal Dutch Shell Plc, Europe's largest oil company, said financial incentives for carbon dioxide capture would cut the region's emissions from factories and power stations by 3.7 percent as early as 2015.
Pipeline attack hits Nigeria’s crude production
Attacks on an oil pipeline cost Nigeria another 50,000 barrels a day of production, threatening a further rise in global crude prices.
Africa’s oil boom shifts balance of power
By 2015, America will buy one quarter of all its oil from Africa, compared with about 15 per cent from Saudi Arabia, and the continent will become the superpower's largest single supplier, with the sole exception of Canada.
E.ON, Dong Close to Buying Shell London Array Stake
July 18 (Bloomberg) -- E.ON AG and its Danish partner Dong Energy A/S are close to buying Royal Dutch Shell Plc's 33 percent stake in the London Array wind farm...
Statement by Royal Dutch Shell Plc: Shell Canada Limited files formal offer for Duvernay Oil Corp.
Shell Canada Limited files formal offer for Duvernay Oil Corp.
Shell Canada Limited, a wholly owned subsidiary of Royal Dutch Shell plc (“Royal Dutch Shell”), has filed its formal offer (the “Offer”) to acquire all the common shares of Duvernay Oil Corp. (“Duvernay”) with securities regulators in Canada, and has mailed its offering circular and related documents (the “Offer Documents”) to Duvernay shareholders.
The Offer remains open until 1:01 a.m. (Calgary time) on August 22, 2008, unless the Offer is withdrawn or extended by Shell Canada Limited. Under the terms of the Offer, Duvernay shareholders will receive C$83.00 for each Duvernay common share.
France and UK reduce trade ties with Iran
France's Total announced its withdrawal from a multi-billion-dollar gas project last week, following a similar move by Royal/Dutch Shell two months ago.
UBS ‘regrets’ bank failings, executive tells tax inquiry (Shell CFO Peter Voser is a director of the scandal hit UBS Bank)
A continuing internal investigation suggested that "misconduct occurred that we consider unacceptable", said Mark Branson, chief financial officer of UBS Global Wealth Management and Business Banking
Winterflood challenges FSA over market abuse fine
A £4m fine would be the fourth largest ever levied by the watchdog. The record was £17m against Shell for mis-stating its oil reserves.