Vietnam, Southeast Asia's third- biggest oil producer, may buy crude from BP Plc, Royal Dutch Shell Plc and some Middle Eastern companies for the country's first refinery.
November 12th, 2008:
PetroVietnam May Buy Crude Oil From BP, Shell for New Refinery
Crude oil falls to lowest level in 19 months
Crude oil sank below $60 a barrel yesterday, reaching its lowest level for 19 months and leading a broad retreat across commodity markets amid fears that the global economy was heading into recession.
Shell, Motiva Unveil Plans To Strengthen Wholesalers, Dealers.
HOUSTON — Shell Oil Products US and Motiva Enterprises LLC have introduced three new initiatives designed to strengthen the Shell brand in the United States.
The new programsa branded debit/loyalty card, a new gasoline, and a support program to help wholesalers and retailers meet new payment card standards, should make its operators more competitive and reduce operating costs, the companies said.
At the 2008 Shell National Conference and Trade Show last week, Shell and Motiva unveiled the Shell $aver Card, a payment method that will be linked to an existing checking account, offer a discount to the consumer, reduce merchant service fees and help increase consumer loyalty. Shell will be the first major gasoline retailer to nationally offer this type of payment option, the companies said.
Prominent republican’s house searched over Shell pipe bomb
Gardaí investigating the discovery of an explosive device outside Shells head office on Leeson Street in Dublin in September have searched the home of a prominent republican in the city.
Gasoline continues plunge; crude tumbles below $60
Retail gasoline prices fell overnight to a national average of $2.22 a gallon, dragged down by the falling price of crude, which now costs 60 percent less per barrel than it did in mid-July.