Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘November 23rd, 2009’

Shell pushes back completion date of $8 billion Qatargas 4 Project

proactiveinvestors.com

Monday, November 23, 2009

Dutch oil supermajor Royal Dutch Shell (LSE: RDSB) updated the market on its progress in Qatar, where  it is developing the Pearl GTL and Qatargas 4 projects in cooperation with state owned Qatar Petroleum, which operates all oil and gas activities in the country. While Pearl GTL was progressing in line with expectations, the US$ 8 billion Qatargas 4 project has been delayed by 10 months with startup now planned for late 2010.

The company has now entered into the testing phase at Pearl GTL, having inaugurated the plant’s control room that comprises about 1,000 control cabinets hosting 179 servers programmed with 12 million lines of software code. 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 SPIN ON PEARL GTL BUDGET

In the light of the information printed below, how can anyone be expected to believe anything Shell says…

ARTICLE PUBLISHED TODAY BY THE WALL STREET JOURNAL

NOVEMBER 23, 2009, 10:22 A.M. ET

THE BS:

Shell Pearl GTL Project To Cost $18B-$19B, In Line With Budget

LONDON (Dow Jones)–Royal Dutch Shell PLC’s (RDSB.LN) Pearl GTL in Qatar is expected to cost $18 billion to $19 billion, in line with its planned budget, a spokeswoman said Monday, underscoring progress made by the company in controlling its costs.

The news contrasts with the disclosure four years ago by the Anglo-Dutch oil company that costs at a giant Russian liquefied natural gas plant had doubled to $20 billion. 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.

Royal Dutch Shell PLC agrees to train former gun-toting militants in oil-rich Niger Delta

Royal Dutch Shell PLC has even agreed to offer business training to former gun-toting militants in the volatile, oil-rich Niger Delta, following a government-sponsored amnesty here.

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.

Essar May Rise After Report That Shell May Acquire 10% Stake

By Fred Pals

Nov. 23 (Bloomberg) — Essar Oil Ltd. may rise in Mumbai after a report that Royal Dutch Shell Plc is acquiring a 10 percent stake in the company as part of a deal to sell three refineries to the Indian company.

The stake is valued at about 17 billion rupees ($360 million) and will account for less than half the $800 million value of the three plants, the Economic Times reported Nov. 21, citing unidentified people. Essar and The Hague-based Shell have been in exclusive talks since Oct. 30 on the sale of the Stanlow refinery in the U.K. and the Hamburg and Heide refineries in Germany. 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 and Essar talk

THE SUNDAY TIMES

Shell and Essar talk

Royal Dutch Shell is considering buying a 10% stake in Essar Oil. The Indian group is in talks to buy three of the oil giant’s refineries, including at Stanlow near Ellesmere Port, Cheshire. The potential $365m (£221m) investment is being discussed as part of that transaction and would give Shell a stake in a group in one of the world’s fastest-growing markets.

TIMES ARTICLE

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.
%d bloggers like this: