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Posts on ‘January 19th, 2009’

ConocoPhillips cuts 4% of its workforce

US supermajor ConocoPhillips, citing a steep decline in oil and gas prices, said today it will cut 4% of its workforce and sees big writedowns on some of its exploration and production assets. The cut will trim about about 1,300 jobs worldwide.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Royal Dutch Shell Plc and Vitol Group supplying 16.8 million barrels of oil to U.S. Strategic Petroleum Reserve

Bloomberg

 

 

By Nadja Brandt

Jan. 19 (Bloomberg) — Royal Dutch Shell Plc (RDSA NA): Europe’s largest oil company and Vitol Group will supply 16.8 million barrels of oil to the U.S. Strategic Petroleum Reserve under a contact award announced by the Energy Department. The department is paying $553 million for 10.7 million barrels. It will also get 6.1 million barrels of oil in lieu of royalty payments for federal drilling leases from Shell and Glencore International AG. Shell shares advanced 42 cents, or 2.3 percent, to 19 euros. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Emissions leak from Royal Dutch Shell Deer Park Refinery

Jan. 19 (Bloomberg) -- Royal Dutch Shell Plc said there was an emissions leak from a crude distillation unit at its Deer Park, Texas, refinery.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Mergers in pipeline as oil industry’s fairytale era ends

A new wave of mergers is likely to sweep through the oil industry as cash-rich companies such as ExxonMobil eye up smaller rivals - possibly even Shell - after the collapse in the price of crude.

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Nigerian militants abduct crew in attack on Shell

LAGOS (AFP) — Nigerian militants early Sunday attacked a loading vessel, a tanker and a tug boat at a crude oil platform operated by Shell in Bonny and took eight crew members hostage, police and the military said

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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