Mr. Odum, who runs Royal Dutch Shell PLC's operations in the United States, said his company is planning for the enactment of the law, which Mr. Obama estimates will generate $646 billion between 2012 and 2020, and is focusing on trying to shape the legislation so it imposes the least possible burden on Shell.
March 5th, 2009:
Shell Oil exec sees ‘cap-and-trade’ win
N Delta: Shell shuts down six oil platforms, 120,000 bpd shut-in
Findings by our correspondent in SPDC on Wednesday, showed that the company took the action in the aftermath of Saturdays blowing up of its Trans-Escravos Pipeline by unknown persons in the coastal Warri South West Local Government Area of Delta State.
Nigerian Oil Thieves’ Toll
Oil theft has contributed to a cycle of violence and disruption that has led to shrinking job opportunities. Last year, a subsidiary of Royal Dutch Shell PLC, the largest oil producer in Nigeria, cut 1,300 jobs.
Gas station dealers pump up officials
A spokeswoman for Shell's U.S. operations in Houston said last week she did not have an immediate comment as executives needed to review the legislation.