ABU DHABI, March 31 (Reuters) - Abu Dhabi has renewed its onshore gas concession with Royal Dutch Shell (RDSa.L), Total (TOTF.PA) and Partex, United Arab Emirates state news agency WAM reported on Tuesday.
March 31st, 2009:
UAE renews gas concession with Shell, Total, Partex
Royal Dutch Shell and Royal Bank of Scotland to merge
Posted on March 31st, 2009
by Paddy Briggs RDS and RBS to mergeBY
Flora Poi
The leaked news, yet to be confirmed but buzzing around the City, that the two regal corporations Royal Bank of Scotland and Royal Dutch Shell are to merge has caught analysts and legislators off their guard. The idea that a failing bank and a struggling oil company should pool there resources seems extraordinary but no stranger than the bizarre train of circumstances that has led to this apparent accord. The further leaked insider information that the two beknighted ex-CEOs of Shell and RBS, Sir Philip Watts and Sir Fred Goodwin, are to be jointly tasked with the creation of the new global giant has rocked the city to its foundations Its as if Lehman Brothers went bust one insider said over a large glass of Château Margaux 1986.
Appeals court pulls judge from $28M contract case
The plaintiffs in the case accused Shell Oil of inducing the corporations into contracts with bogus historical expense and profit figures. The two companies sought $28 million in damages.
FAR, Shell sign deal to conduct exploration program offshore Senegal
First Australian Resources has signed an agreement with Shell Exploration Company to conduct an exploration program in respect of Sangomar Offshore, Rufisque Offshore and Sangomar Deep Offshore blocks off the coast of Senegal.
Despite Interior’s resistance, oil shale R&D efforts forge ahead
"The technology continues to advance. We're making good progress," said James Thurman, the manager of regulatory policy for Shell Unconventional Resources. "There's still a lot that needs to happen. ... But nothing is insurmountable."
Australia’s Nexus sells exploration stake to Shell
PERTH, March 31 (Reuters) - Australian oil firm Nexus Energy Ltd (NXS.AX), which is urgently seeking cash to fund its proposed projects, has sold the rest of its stake in an exploration permit off western Australia to Royal Dutch Shell (RDSa.L) for $19 million.