Boyd added that the company does not speed up and slow down its oil shale research development based on the short-term fluctuations on the price of oil, which has been plunging to lows not seen for years. Shell currently holds three 160-acre oil shale research and development leases in the Piceance Basin. American Shale Oil and Chevron both hold one.
December 14th, 2008:
Oil shale remains in the crosshairs
McKerrow residents launch multi-million dollar law suit against Shell and other parties
The class action suit names Shell Canada Products...
Oil companies are hitting the pause button
Royal Dutch Shell indefinitely postponed a decision on expanding its operations in Canadas oil sands.
Application for modified Shell pipeline withdrawn
SHELL EP Ireland has withdrawn its planning application for a modified onshore pipeline for the Corrib gas project.
Winds of change
Royal Dutch Shell has quit the UK altogether after pulling out of its two remaining projects London Array being one of them in recent months. James Smith, chairman of Shells UK business, told The Sunday Times: When we think about renewables in the UK, it is going to be biofuels rather than wind.
Shell Dutch pension fund has fallen into deficit
The Times
Royal Dutch Shell A fell 49p to £17.50 after reports its Dutch pension fund has fallen into deficit
Royal Dutch Shell A fell 49p to £17.50 after reports that its Dutch pension fund has fallen into deficit, with stock market turmoil knocking 40 per cent off its value.