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Posts on ‘June 16th, 2010’

Shell not hunting buyers for Montreal refinery

REUTERS

*Media reports say Delek offers C$150 mln for refinery

*Shell spokesman reiterates that sale process ended June 1

Wed Jun 16, 2010 5:05pm EDT

Alberta, June 16 (Reuters) – Royal Dutch Shell Plc (RDSa.L) is sticking by statements that it is no longer looking for a buyer for its Montreal East oil refinery despite reports that a new offer has emerged.

Radio-Canada and other media in Quebec reported on Wednesday that Delek U.S. Holdings, an arm of Israeli energy, automotive and real estate conglomerate Delek Group (DELKG.TA), had doubled a previous offer for the 130,000 barrel per day plant to C$150 million ($147 million) but no source for the information was given. 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.

BP Is Not The Only Spill Master—Check Shell In Nigeria

THE WALL STREET JOURNAL

JUNE 16, 2010

By Benoit Faucon

BP’s technical mishaps in the deep waters of the Gulf Mexico have transfixed global opinion and inspired embarrassment for both a U.S. president and a British Prime minister. Yet, in the remote wetlands of Nigeria’s Niger Delta, far from the eyes of the Western public, equipment failure can also cause severe heartburn.

The fire and smoke plume from the Trans-Niger pipeline in the Niger Delta, April 2009.

In April last year, a leak on the Trans-Niger pipeline caused a huge column of fire, forcing the operator, a subsidiary of Royal Dutch Shell, to shut down at least 150,000 barrels a day of 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.

Delek Interested in Buying Montreal Refinery, CBC.ca Reports

BusinessWeek Logo

By Aaron Clark

June 16 (Bloomberg) — Delek US Holdings Inc. is one of two companies interested in buying Royal Dutch Shell Plc’s Montreal refinery, the Canadian Broadcasting Corp. reported on its French-language website without identifying a source for the information.

Delek has made an offer of C$150 million ($145.8 million), up from an initial offer of C$75 million, according to the article. Delek operates one refinery in Texas and 1,600 fueling stations on three continents, according to the article. 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 Restores Output at Forcados Terminal in Nigeria

June 16 (Bloomberg) -- Royal Dutch Shell Plc said it has restored output at its Forcados crude export terminal in Nigeria, which was shut because of disruptions by armed groups in the southern Niger River delta

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.

Cosan Trades Like Investment Grade on Shell Accord Speculation

June 16 (Bloomberg) -- Cosan SA Industria & Comercio’s bonds are trading like investment-grade assets on speculation the world’s largest sugar-cane processor will complete a $12 billion joint venture with Royal Dutch Shell Plc.

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.

Barack Petroleum from the Oval Office

httpv://www.youtube.com/watch?v=Gh76oepKFc8

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.

BARACK PETROLEUM

BP – BARACK PETROLEUM (Headline from The Drudge Report)

THE NEW YORK TIMES

A version of this editorial appeared in print on June 16, 2010, on page A30 of the New York edition.

Editorial

From the Oval Office

Americans have been anxiously waiting for President Obama to take full charge of the gulf oil catastrophe. On Tuesday, in his first address from the Oval Office, he vowed to “fight this spill with everything we’ve got for as long as it takes” and declared that “we will make BP pay for the damage their company has caused.” 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.
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