Nov 18th, 2008
by John Donovan.
In the summer Gazprom said it saw Royal Dutch Shell as one of its potential partners in LNG projects in the gas-rich Arctic Yamal peninsula.
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Nov 18th, 2008
by John Donovan.
Nov 18 (Reuters) - The growing financial crisis and plunging energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit.
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Nov 18th, 2008
by John Donovan.
The Salvation Army, one of the largest charitable organizations in the United States, and three major oil brands - Pennzoil(R), Quaker State(R) and Shell Rotella(R) T - are providing consumers an opportunity to help raise important funds for the charity through the "Change is Good, Giving is Better" promotion.
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Nov 18th, 2008
by John Donovan.
"Big Oil has a growth problem for sure but is extremely well capitalized and we now see an M&A window opening,"
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Nov 18th, 2008
by John Donovan.
Shell is experimenting with a plan to heat oil shale in situ in place underground and then extract high quality oil suitable for uses such as jet fuel.
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Nov 18th, 2008
by John Donovan.
SEATTLE -- Shell Oil Co. has entered an agreement with the state Department of Ecology to clean up contamination at 83 current and former gas stations in Western Washington.
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Nov 18th, 2008
by John Donovan.
Nov. 18 (Bloomberg) -- A European proposal to spend 11 billion euros ($14 billion) testing how to pump greenhouse gases underground is itself getting buried.
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Nov 18th, 2008
by John Donovan.
What will it take to raise oil prices? On Monday, a Saudi Aramco supertanker was hijacked by Somali pirates. Chevron and Shell both announced pipeline disruptions in Nigeria. And yet crude oil prices barely moved, still trading around $56 a barrel.
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Nov 18th, 2008
by John Donovan.
Nov. 18 (Bloomberg) -- BP Plc, Europe's second-biggest oil company, said it will close its solar power equipment manufacturing plant in Sydney at the end of March to focus operations on lower-cost locations.
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Nov 18th, 2008
by John Donovan.
Oil majors rarely hedge, rightly believing investors prefer unhedged exposure. Still, any company that forward-sold oil two months ago would have locked in prices twice today's.
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Nov 18th, 2008
by John Donovan.
Total, Shell and Exxon also have approval to drill for oil and build an oil centre, targeting production of 50,000 b/d by 2011.
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Nov 18th, 2008
by John Donovan.
Shell does business in 130 countries, and some 20 million customers each day, so we need a very diverse workforce to meet their needs
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