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Posts on ‘September 14th, 2010’

Nokia Chairman Jorma Ollila to Step Down in 2012

Jorma Ollila, chairman of Nokia, speaks during a news conference at the company's headquarters in Espoo, Finland, on Sept. 10. Ollila is also non executive Chairman of Royal Dutch Shell Plc

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 May Invest $1 Billion a Year in China, CFO Says

Bloomberg

Royal Dutch Shell Chief Financial Officer Simon Henry (said the Hague-based oil producer is looking at jointly expanding its gas acreage in mainland China with PetroChina Co. Photographer: Jock Fistick/Bloomberg

By Bloomberg News – Sep 14, 2010 12:07 PM GMT+0100

Royal Dutch Shell Plc, Europe’s biggest oil company, may invest $1 billion a year in China should two wells in Sichuan province show potential for commercial gas production, its chief financial officer said.

“With successful exploration, we could easily invest $1 billion a year in the following five to seven years,” Simon Henry said in an interview today in Tianjin, China. “The geology could be as attractive as the U.S.”

Shell expects the share of gas in China’s total energy use to rise to 10 percent in a decade’s time from 4 percent now, according to Henry on April 28. The Hague-based oil producer is looking at jointly expanding its gas acreage in mainland China with PetroChina Co., he said today. 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

Energy source of the future won’t be a fossil fuel

IS THIS A HOAX?

Comment by Arend Lammertink, MSc. (right) on “Shell CEO: Nat Gas To Play Prominent Global Energy Role”

Posted on Sep 14th, 2010 at 12:27 pm

I think these guys may be in for a little surprise about what will be the energy source of the future. It won’t be a fossil fuel. It will be the electric field, available for free all across the universe.

Let me first mention that I hold a Masters degree in Electrical Engineering. I never believed any claims that there would be such thing as “free energy”. Energy that is basically free for the taking for virtually nuts. Sure, you have solar energy, but solar panels are that expensive to make that they are not interesting from an economic point of view. 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

Gulf May Avoid Direst Predictions After Oil Spill

THE NEW YORK TIMES

A version of this article appeared in print on September 14, 2010, on page D1 of the New York edition.

By LESLIE KAUFMAN and SHAILA DEWAN

NEW ORLEANS — Marsh grasses matted by oil are still a common sight on the gulf coast here, but so are green shoots springing up beneath them.

In nearby bird colonies, carcasses are still being discovered, but they number in the thousands, not the tens of thousands that have died in other oil spills.

And at the mouth of the Mississippi River, the zone of severely oxygen-depleted water that forms every summer has reappeared, but its size does not seem to have been affected by the Deepwater Horizon spill. 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

CEO of Royal Dutch Shell Confronted by Protestors During World Energy Congress

Sept. 13, 2010, 6:13 p.m. EDT press release

ForestEthics: CEO of Royal Dutch Shell Confronted by Protestors During World Energy Congress


photo-credit: ForestEthics (click on photo to view high resolution image)

VANCOUVER, BRITISH COLUMBIA, Sep 13, 2010 (MARKETWIRE via COMTEX)

Before his keynote address today at the World Energy Congress in Montreal, CEO of global energy giant Royal Dutch Shell, Peter Voser was confronted by environmentalists to “get the Shell out” of Sacred Headwaters.

A brochure, mocked up as a Shell publication, was handed out to Voser and 1000 Congress attendees, ridiculing Shell’s activities to drill coalbed methane in the Sacred Headwaters. 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

Shell CEO keeps oil sands options open, touts gas

Reuters Africa

* Says faster expansion in oil sands still possible

* Costs remain a concern

* Sees growing gas demand from emerging economies (In U.S. dollars)

MONTREAL, Quebec, Sept 13 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote) could switch away from its slow-growth strategy in Canada’s oil sands but costs in the region remain a concern, the company’s chief executive said on Monday.

Shell, which operates the 155,000 barrel-per-day Athabasca oil sands mine and upgrader in northern Alberta, has nearly wrapped up a 100,000 bpd expansion of the project.

However it stepped back from plans for a further series of big expansions of its oil sands holdings after a squeezed labor pool in northern Alberta inflated construction costs and oil prices fell following the economic crisis.

Instead of big-ticket expansions, Shell Chief Executive Peter Voser steered the European oil major to smaller projects, looking to increase output in 30,000 bpd increments by tweaking operations at its two oil sands mines. read more

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Shell Exec: Sale Of Brazil Oil Blocks Part Of Broad Review

THE WALL STREET JOURNAL

By Jeff Fick and Diana Kinch Of DOW JONES NEWSWIRES

RIO DE JANEIRO (Dow Jones)–Plans by Anglo-Dutch oil giant Royal Dutch Shell (RDSA, RDSA.LN) to sell the company’s stakes in four offshore oil blocks in Brazil is part of a broader portfolio review, and not a reaction to new oil laws, the new president of Shell’s local unit told Dow Jones Newswires in an exclusive interview Monday.

Andre Araujo, who took over as president of Shell do Brasil three weeks ago, said on the sidelines of the Rio Oil & Gas 2010 conference that despite the sale, Brazil remains “strategic” for the company. 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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