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Posts on ‘September 15th, 2009’

SHELL JOY OVER £22BN GAS PROJECT LAUNCH

Daily Express - Breaking news, sport and showbiz from the World's Greatest Newspaper

Tuesday September 15,2009

By David Craik

OIL giant Royal Dutch Shell hailed a “great milestone” yesterday as it gave the green light to the construction of the world’s biggest liquid natural gas project.

Shell, along with partners Chevron and ExxonMobil, said the much-delayed Gorgon LNG project off the coast of Western Australia would be built at a “lower than expected cost” of $37billion (£22.2billion) as the recent downturn in the industry bit into ­capital costs.

Chevron will hold a 50 per cent stake in the project, which will begin production in 2014 with an annual capacity of about 15million tonnes per year or eight per cent of the world’s LNG production. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to divest 15 percent of its refining assets

Reuters

Tue Sep 15, 2009 1:04pm EDT

By Emma Farge

BRUSSELS (Reuters) – Oil major Royal Dutch Shell (RDSa.L) plans to divest its global refining assets to the tune of around 15 percent in the next few years, a senior company official said on Tuesday.

“We are looking to reduce overall refining assets by around 15 percent,” Mark Gainsborough, Shell’s executive vice president of downstream strategy, said in a panel discussion at an industry conference.

That represents about 600,000 barrels per day. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell halts mining as activists protest oil sands

CALGARY, Alberta (Reuters) - Royal Dutch Shell Plc has suspended production at its Canadian oil sands mine after environmental activists blockaded a massive dump truck and mining shovel to protest the impact of oil sands development, the company said on Tuesday.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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