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Posts on ‘January 9th, 2009’

Shell Committed to Oil Sands, to Maintain Investments, CEO Says

Jan. 9 (Bloomberg) -- Royal Dutch Shell Plc remains committed to investing in Canadian oil sands after putting on hold the expansion of the second phase of the Athabasca project in Alberta, its chief executive officer said today.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Will 100 yrs of ruthless rivalry end with ExxonMobil buying Shell?

The military tone of articles published 90 years ago in the New York Times provide insight into the depth of intense rivalry between the oil giants which sometimes descended into open warfare. The opening salvo was fired in an article published on 16 January 1928 under the dramatic headline: “N.Y. STANDARD OIL DECLARES WAR UPON DUTCH SHELL GROUP“.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Exxon: Waiting for the tiger to pounce

Is Shell in Exxon's sights? A deal with Shell might be particularly sweet for Exxon's ego. The two firms have been archrivals since the early days of the oil barons, with the Anglo-Dutch Shell and John D. Rockefeller's Standard Oil, which spawned Exxon, going head to head in markets around the globe.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

A year of merger mania for the majors?

As I've written before, while Exxon's earnings have set records, its worldwide production has declined. So Exxon is sitting on a huge pile of cash, it needs access to new reserves and now assets are available at bargain prices. That's prompting speculation that it might buy Royal Dutch Shell. Exxon could, as CNN points out, offer a 60 percent premium, in cash, for every Shell share, taking out its second largest competitor in the process.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

BPZ, Shell unit end talks

BPZ Resources Inc. and a unit of Royal Dutch Shell PLC agreed to end talks aimed at jointly exploring for oil and gas in Peru after oil prices slumped.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Exxon CEO Advocates Emissions Tax

ConocoPhillips and the U.S. divisions of BP PLC and Royal Dutch Shell PLC have all supported a cap-and-trade solution.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Blown away

Many energy companies complain that the UK's renewable energy subsidies are not generous enough: Shell, for instance, last year pulled out of the proposed London Array wind farm.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Chevron warning on fourth quarter earnings

The warning in Chevron’s interim update underlined that even the world’s biggest oil companies are feeling the effects of the economic slowdown. Chevron already has curtailed some development plans.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Controversy boils at idled refinery: Accusation against Shell Oil by union and consumer activists

Shell Oil Co. is putting the squeeze on a financially troubled Bakersfield refinery it sold in 2005 to Big West Oil, which could lead to the closing of the operation and potentially higher gasoline prices for California motorists, according to consumer activists and a union representing plant workers.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Fighting for Nigeria’s oil wealth

BBC TWO newsnight

Thursday 8 January, 2009

     

Niger Delta gang’s show of force

Sue Lloyd Roberts
By Sue Lloyd-Roberts 
BBC News, Port Harcourt, Nigeria

The Niger Delta, a region the size of England, is littered with violence and gas flares – the offshoot of oil extraction – whose roar and heat you can feel for hundreds of metres around.

The flares have become symbols of the region and the paradox that exists in an area where you find one of the world’s richest oil regions alongside some of the poorest people.

People here blame the fallout from the oil industry for their ruined environment, ill health and unemployment.

On the waterfront at Port Harcourt, the city at the heart of the oil industry, we found slums where people live without running water and electricity, and miles from the nearest school or clinic. No wonder many are angry. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com