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Posts on ‘May 25th, 2011’

Royal Dutch Shell in Rosneft Arctic talks

Royal Dutch Shell has begun talks with Rosneft on “potential exploration” in the Arctic – the week after BP’s flagship deal with the Russian state oil company collapsed.

BP and Rosneft announced a £10bn share swap and Arctic exploration deal at a high-profile ceremony flanked by politicians and dignitaries in January this year. Photo: ALAMY

Rowena Mason By Rowena Mason 6:46PM BST 25 May 2011

Peter Voser, the chief executive of Shell, was last night in Moscow for meetings with Russian deputy prime minister Igor Sechin, intensifying speculation that Rosneft is prepared to replace BP with another company.

The Russian government said the meeting focused on Shell’s current projects off Sakhalin Island, which may be extended, and the potential development of Arctic oil fields held by Rosneft.

Eduard Khudainatov Rosneft’s chief executive, was also present at the talks, placing Shell in pole position among analysts to become the Kremlin’s new foreign oil partner. 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.

Russia, Shell Discuss Arctic Shelf, Sakhalin-3

May 25, 2011 12:40 P.M. ET

MOSCOW (Dow Jones)–Royal Dutch Shell PLC’s (RDSB) Chief Executive Peter Voser met Russia’s top energy official Wednesday to discuss joint projects on Russia’s Arctic shelf, the Black Sea and Sakhalin-3, but said the company won’t seek to swap shares with state oil champion OAO Rosneft (ROSN.RS).

The meeting between Voser and Deputy Prime Minister Igor Sechin, who oversees the oil and gas sector, came two days after Russian Energy Minister Sergei Shmatko said he doesn’t expect state-controlled oil giant OAO Rosneft (ROSN.RS) and BP PLC (BP) to revive their strategic alliance after it was blocked by BP’s existing Russian partners, a group of Soviet-born billionaires known as AAR. 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.

Group bars access to Shell sour gas site; says grizzly bears will be affected

By: The Canadian Press Posted: 05/24/2011 9:54 PM

PINCHER CREEK, Alta. – A small group has blocked access to a sour gas well site in southwestern Alberta.

The province’s Energy Resources Conservation Board approved the Shell project in March and drilling was supposed to start last week in the Castle wilderness area just north of Waterton National Park.

Residents appealed the decision, saying drilling will disrupt core grizzly bear habitat.

Opponents say Shell (TSX:SHC) should wait for the Alberta Court of Appeal to rule on an appeal of the board’s approval before it starts drilling. 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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