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Posts on ‘February 1st, 2010’

Shell Stops Some Nigerian Production Over Sabotage

IBADAN, Nigeria (Dow Jones)--Shell Petroleum Development Co., or SPDC, has closed some production following the sabotage on its Trans-Ramos Pipeline in its western operations in Nigeria, a spokesman said Monday.

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Shell bets on ethanol in $21 billion deal with Brazil’s Cosan

SAO PAULO (Reuters) - Royal Dutch Shell Plc plans to make the biggest-ever foray into biofuels by an oil major, striking a deal with Brazil's Cosan to create a $21 billion a year ethanol joint venture.

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Vandals Disrupt Shell Pipeline in Nigeria

LAGOS, Nigeria—Vandals over the weekend punctured an oil pipeline operated by Royal Dutch Shell PLC, say Nigerian military and security officials, highlighting how an illicit oil-theft industry in the creeks of the Niger Delta continues unchecked.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Saudi Aramco, Shell sign contract with Japan’s JGC

KHOBAR, Saudi Arabia, Feb 1 (Reuters) - State-run oil firm Saudi Aramco and Royal Dutch Shell (RDSa.L) said on Monday they signed a contract with Japan's JGC Gulf International (1963.T) to build two units at their joint refinery, in a bid to improve the refinery's environmental performance.

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Cosan, Shell Plan Sugar, Ethanol Venture in Brazil

Feb. 1 (Bloomberg) -- Cosan SA Industria & Comercio, the world’s largest sugar-cane processor, and Royal Dutch Shell Plc said they plan to combine ethanol, sugar and distribution assets in Brazil.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Gazprom raking it in at the expense of Shell

Below an extract from a Wall Street Journal article published today reporting on the profits of Gazprom and Sakhalin Energy, the company in which Shell was forced to surrender its majority stake. read more

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Shell reports Nigeria pipeline attack; oil rebounds after sinking 8.3% in January

Feb. 1, 2010, 10:49 a.m. EST: NEW YORK (MarketWatch) -- Crude futures rose on Monday after declining last week, as a round of upbeat global economic reports lifted demand expectations, while an oil pipeline in Nigeria was damaged by an attack and rekindled concerns over supply.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell job cuts – Voser says more may have to go

httpv://www.youtube.com/watch?v=HGeHRE9zCuU

BLOOMBERG INTERVIEW: DAVOS 2010:

Voser Says Shell `More Pessimistic’ on First-Half Demand
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Shell CEO Peter Voser threatens more job cuts

In a television interview from Switzerland last week, he said Shell would be prepared to cut further jobs to keep costs under control until global demand for energy rebounds from its current slump.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell asks for more time to resolve Corrib gas issues

The company was also required to submit a revised environmental impact statement by Friday.

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Voser’s Shell Overhaul May Signal Output Revival in BP Fight

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By Fred Pals

Feb. 1 (Bloomberg) — Peter Voser is using lessons from his two-year stint rescuing Swiss engineering company ABB Ltd. from near bankruptcy to turn around Royal Dutch Shell Plc by selling assets, cutting thousands of jobs and speeding up decisions.

Not only has Shell suffered six years of falling output, it’s been overtaken as Europe’s biggest energy producer in terms of market value by BP Plc for the first time since 2006.

Voser’s challenge at Shell is to take out layers of management while investing $28 billion this year to keep the company in the top league of oil majors. In recent years, Shell has struggled to maintain output levels because of lackluster exploration efforts and the company’s reluctance to do the major deals that helped rivals BP and Exxon Mobil Corp. bulk up. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Swiss warn UBS bank could collapse – Shell CEO Voser is a UBS director

By John Donovan

AFP reports that the Swiss justice minister warned in an interview on Sunday that the scandal hit Swiss bank UBS could collapse as a consequence of a U.S. tax fraud investigation.

This would be an embarrassment to Royal Dutch Shell Plc because its job cutting Swiss Chief Executive Officer, Peter Voser, is a non-executive director of UBS – a directorship he has held for several years.

Voser recently announced that he was stepping down as a UBS director in April of this year. His association with UBS, which has recently been in a financial meltdown, calls his judgment into question. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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