Aug. 19 (Bloomberg) -- Chevron Corp. and Royal Dutch Shell Plc. discovered natural gas deposits in the deep waters of Western Australia, the worlds sixth-biggest liquefied natural gas supplier.
August, 2009:
Chevron, Shell Discover Gas in Australian Deep Waters
Chevron wins Carnarvon double
upstreamonline
By Upstream staff
US supermajor Chevron had won the double off Western Australia, making two gas finds in Australia’s Carnarvon basin.
The Clio-2 well, drilled in WA-205-P permit area about 150 kilometres offshore in 990 metres of water, hit 115 metres of net gas pay. The well was drilled to 4405 metres.
Chevron operates the permit with a 66.66% stake, with Shell holding the remaining equity.
Kentish Knock-1, which was drilled in 1200 metres of water to 2500 metres total depth, hit 34 metres of net has pay.
Shell Corrib Gas Project Impact on Erris Fisherman
For the fishermen of Erris however, the situation is even more critical as Shell, aided by the Government, appear determined to push through the Corrib Gas project regardless of the grave risk to coastal areas and the people living there.
Essar Oil Gains After Bidding for Shell Refineries
Shell, Europes largest oil producer, said yesterday that several companies expressed interest in buying the refineries. Shell is also looking to sell the Heide and Hamburg refineries in Germany as well as Canadas Montreal East and New Zealands Whangarei plants.
Essar bids for three Shell refineries in Europe
Financial Times
By Carola Hoyos in London
Published: August 17 2009 20:29 | Last updated: August 17 2009 20:29
Essar, the Indian conglomerate, has bid for three European Royal Dutch Shell refineries on sale as part of the Anglo-Dutch oil groups restructuring of its downstream operations.
The disposals by Shell are part of its strategy to rid itself of smaller refineries in favour of investing in large, integrated complexes, such as those in Port Arthur, Texas and Rotterdam. The package is valued at about £1.5bn ($2.4bn).
Essar bids for British oil refinery in Shell auction
The Times
// <![CDATA[// August 18, 2009Carl Mortished, World Business Editor
Essar, the Indian energy, steel and shipping group, has made a bid for Royal Dutch Shells Stanlow refinery at Ellesmere Port, Cheshire, part of a £1.2 billion offer for three fuel manufacturing plants. The other two are in Germany, at Heide and Harburg.
Essars bid came as the deadline closed yesterday in an auction of the three refineries that is likely to provoke anxiety about employment in the North West of England.
Stanlow is Shells last remaining refinery in the UK. The company closed Shell Haven, its Thames Estuary refinery, in 1999 and the site was redeveloped by P&O Ports, later taken over by DP World, the Dubai company.
Shell Maintains Position as No. 1 Global Lubricants Supplier
David Pirret, executive vice president for Shell Lubricants, said: Kline's research shows that we have continued to outperform the global lubricants market and maintained our leadership position in spite of the challenging external environment. To achieve this for the third consecutive year is testament to our consistent strategy, strong brands and technology leadership, focusing on delivering first-class lubricants solutions to customers, wherever they may be.
Corporate spying
By John Donovan
On 16 August, the Financial Times published a major article about the growing use of private investigators by corporations intent on digging for information (dirt) on perceived opponents.
German state prosecutors are considering a criminal investigation of Deutsche Bank after the bank targeted Michael Bohndorf, a shareholder and vocal critic. In response, the bank employed private investigators who allegedly set a “honey trap” and engaged in “an operation that could have come from a spy novel“. The bank is also under investigation from financial and data protection watchdogs. Deutsche Bank senior executives claim they were unaware of the admitted “overzealous surveillance“.
Arrow Energy Shares Rise After Report of Shell Bid
Aug. 17 (Bloomberg) -- Arrow Energy Ltd., Royal Dutch Shell Plcs Australian partner in coal-seam gas production, rose in Sydney after the Sunday Telegraph reported that Shell made a A$3 billion ($2.5 billion) offer for the company.
Marine inquiry launched as Corrib gas vessel hits rocks
IRISH TIMES: Monday, August 17, 2009: THE DEPARTMENT of Transport and Shell EP Ireland have initiated separate investigations into the grounding of a Corrib gas project support vessel off Erris Head in Co Mayo early yesterday.
Shell Offered $2.5 Billion for Arrow Energy, Telegraph Reports
BLOOMBERG
By Claudia Carpenter
Aug. 16 (Bloomberg) — Royal Dutch Shell Plc made an A$3 billion ($2.5 billion) bid for Arrow Energy Ltd., and the talks ended in stalemate, the Sunday Telegraph reported, without saying where it got the information.
Shell may return with a revised approach, according to the newspaper.
Shell spokeswoman Catherine Aitkin in The Hague declined to comment on the report to Bloomberg News. Calls made outside business hours to the office of Gareth Quinn, a Brisbane-based spokesman for Arrow, werent answered. E-mailed requests for comment werent responded to.
Oil giants destroy rainforests to make palm oil diesel for motorists
Shell had the best record of the major companies for declaring the sources of its biofuel. It said that it did not use any palm oil last year because it could not find any from a sustainable source. Luis Scoffone, vice-president for biofuels, said that Shell could have met its biofuel obligation more cheaply if it had bought palm oil.
Royal Dutch Shell tables £1.5bn bid for Australia’s Arrow Energy
Royal Dutch Shell has made a A$3bn (£1.5bn) approach for Australian coal-seam gas producer Arrow Energy.
US oil industry split as leaked memo reveals lobbying plan
The American Petroleum Institute, which represents the US oil industry, has written to member companies asking them to "move aggressively" to stage up to 22 public meetings, similar to the recent protests against President Barack Obama's healthcare plans.
Greenwash Offenders Shell in US climate change controversy
By John Donovan
The Financial Times reports today that the US oil industry is split on the question of climate change.
The split has been revealed from a leaked memo issued to its members by the American Petroleum Institute, which represents the US oil industry, including core members ExxonMobil, BP, ConocoPhillips and Shell.
According to the FT article, the memo leaked to Greenpeace outlined a plan to “deploy thousands of workers in so-called “Energy Citizen” rallies protesting against imminent climate change legislation” with members asked to “move aggressively to stage up to 22 public meetings, similar to the recent protests against President Barack Obama’s healthcare plans.”
Shell shuts Utorogu gas plant in Nigeria
LAGOS, Aug 14 (Reuters) - Royal Dutch Shell (RDSa.L) said on Friday it had halted its Utorogu gas plant in Nigeria's southern Niger Delta after an incident on the Escravos-Lagos Pipeline System.
Shell pushes low-sulphur fuels
ROTTERDAM, Netherlands, Aug. 14 (UPI) — A new facility in the Netherlands will contribute to an increase in the production of cleaner-burning fuels, says supermajor Royal Dutch Shell.
Royal Dutch Shell announced it would construct a $500 million hydrodesulphurization plant at the Pernis refinery in the Netherlands.
The plant will increase the production of cleaner-burning, low-sulphur fuels at the 400,000-barrel-per-day oil refinery when it comes on stream in the second half of 2011, the energy giant says.
Citigroup Upgrades Royal Dutch Shell To Buy
FOX BUSINESS: Friday, August 14, 2009
LONDON — Royal Dutch Shell was upgraded to buy from hold at Citigroup on Friday. “We believe growing visibility around project delivery over the next 12-24 months should finally provide the impetus to unlock material upside in the most deeply discounted value case in the sector,” the broker said. Shares rose 1.5%.
Copyright � 2009 MarketWatch, Inc.
SOURCE ARTICLEShell worker’s death not a suicide, widow asserts
Steve Lesher, a spokesman for the refinery, declined to comment on the claim and deferred to the Oakland-based law firm handling the case. The firm declined to comment.
Shells Voser Backs Rudd on Australian Emissions Plan, AFR Says
By John Viljoen
Aug. 14 (Bloomberg) — Royal Dutch Shell Plc Chief Executive Officer Peter Voser expressed support for Australias planned emissions trading system at a meeting with Prime Minister Kevin Rudd, the Australian Financial Review reported.
Voser met with Rudd and Treasurer Wayne Swan in Canberra on Aug. 12 to discuss the carbon pollution reduction system and plans to invest in Australian energy projects, the Review said, without saying where it got the information.
Voser told Rudd and Swan that Shell favored the system because it wanted policy certainty as it prepares to expand Australian operations, the report said. The Shell chiefs position appears to contrast those of LNG rivals who have argued that Rudds proposed system would impose an unfair burden on Australian gas producers in favor of overseas projects.
Shell CEO Peter Voser visits Canberra and Perth
Illustrating the growing importance Australia is taking in Shell's portfolio, newly installed chief executive Peter Voser has been visiting Canberra and Perth in recent days.
A long overdue response to “Uncle Tom’s” Shell Blog Post
For whatever reason inside me, something compels me to continue revisiting the post made by Uncle Tom
Hakluyt – the corporate investigations spy firm linked to Shell
In an article published on 8 August by the Mail on Sunday, the UK company Hakluyt & Company Limited is described as a “corporate investigations spy firm“.
Hakluyt, founded and heavily populated by former MI6 officers, has been closely associated with its client Shell, at one point sharing common directors and major shareholders.
Sir William Purves and the late Sir Peter Holmes, a former Group Chairman of Royal Dutch Shell Group, were the ultimate spymasters at Hakluyt when it carried out undercover work on behalf of Shell in many Countries.
Arrow Energy Has Talks On Possible Takeover
Arrow and Shell have both said previously that they've held talks about Arrow selling more gas to Shell. It would hardly be surprising if a potential takeover transaction came up in conversation.
Shell to build $500 mln plant at Pernis refinery
AMSTERDAM, Aug 13 (Reuters) - Royal Dutch Shell (RDSa.L) will build a new plant costing $500 million at its Pernis refinery in the Netherlands to increase production of cleaner fuels, it said on Thursday.
FT Royal Dutch Shell related articles published 13 August 2009
Shell joins carbon capture plant race
By Fiona Harvey, Environment Correspondent
Published: August 13 2009 03:00 | Last updated: August 13 2009 03:00
Royal Dutch Shell will today enter the government-sponsored race to build a carbon capture and storage plant in the UK – becoming the only major oil company to do so.
Arrow Energy
By Xi Chen in Hong Kong
Published: August 13 2009 07:46 | Last updated: August 13 2009 07:46
Arrow Energy, a partner of Royal Dutch Shell in gas exploration in Australia, rose 8.2 per cent amid market speculation that the company is in discussion of a potential takeover offer.From “Asian stocks lifted by Fed comments” (Subscription)