On Friday, Royal Dutch Shell acknowledged that an "upsurge" of attacks had taken place and that earnings would take a hit as a result.
Posts on ‘September 22nd, 2008’
Nigerian Oil Threat
Iraq signs gas deal with Shell
BAGHDAD, Sept 22 (Reuters) - Iraq signed a multi-billion dollar natural gas deal with Royal Dutch Shell on Monday, the second major energy deal agreed with a foreign firm since the U.S.-led invasion in 2003.
Statement by Royal Dutch Shell Plc: Iraq and Shell sign agreement on south Iraq gas
Speaking at the signing ceremony in Baghdad, Linda Cook, Executive Director for Royal Dutch Shell, said today: "Shell is an industry leader in the global natural gas sector. Iraq has one of the world's largest natural gas resource bases and I am delighted that the Iraqi Government including the Ministry of Oil have supported Shell as the partner for joint venture with the South Gas Company.
Exxon’s Cash Hoard Fuels Biggest Stock-Price Drop in 27 Years
While Royal Dutch Shell Plc,BP Plc and ConocoPhillips boost spending to acquire reserves, Irving, Texas-based Exxon Mobil is shelling out more money to buy back stock than for drill bits, pipelines and related investments in its operations, said William Andrewsof C.S. McKee & Co.
Nigerian militants halt attacks
Nigerian militants on Sunday called a halt to a week-long campaign of attacks against oil facilities, raising hopes of a reprieve for energy companies battered by the most intense phase of sabotage since early 2006
The Times: Natural Resources: Monday September 22, 2008
Royal Dutch Shell Kazakhstan said that KazMunaiGas, the state oil company, would create a joint venture with Royal Dutch Shell, the Anglo-Dutch oil and gas group, to handle the production segment of the Kashagan oilfield.
Shell assures communities of participation on projects
The Shell Petroleum Development Company (SPDC) has expressed its readiness to continue to encourage the full participation of host communities in project identification, planning, execution, maintenance and monitoring in its program of Sustainable Community Development (SCD).
Iraq, Royal Dutch Shell to ink gas deal
BAGHDAD (AP) Iraq and Royal Dutch Shell PLC on Monday will formally launch plans to invest in a joint venture to tap natural gas in southern Iraq, a government spokesman said.