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Posts on ‘January 12th, 2012’

Shell Executive: Expects To Drill In Alaskan Arctic This Summer

JANUARY 12, 2012

HOUSTON (Dow Jones)–Royal Dutch Shell (RDSA, RDSA.LN) is confident it will be able to drill for oil and natural gas in Alaska’s arctic region this summer as it hopes to overcome its remaining legal challenges.

“We still have a few not insignificant hurdles to get past, but it looks that we will be drilling,” Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant, said in prepared remarks delivered at a conference in Houston. 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 and Iran Oil

By John Donovan: 12 January 2012

Thefront page lead story published by the Financial Times newspaper today reports that European refiners have begun to sever links with Iran ahead of an EU meeting, which could impose a full oil embargo on the Iranian regime.

(A version of the article is also published on ft.com)

Iran is the world’s third-largest oil exporter.

Tensions and oil prices are heightened by the regimes threat to close the Strait of Hormuz.

The article reports that according to Argus Media, Royal Dutch Shell is the biggest buyer of Iranian crude. 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-PetroChina gas project hits record output

Jan. 11, 2012, 11:34 p.m. EST

By Wayne Ma

BEIJING -(MarketWatch)- The Changbei natural gas project owned by PetroChina Co. PTR +0.27% and Royal Dutch Shell PLC in northern China produced a record 3.5 billion cubic meters in 2011, the official Xinhua news agency reported late Wednesday.

The facility’s gas output was up slightly from 2010, when 3.48 billion cubic meters were produced.

The joint venture, located in Shaanxi province, has produced a total of 18.33 billion cubic meters since it began operations in 2005, Xinhua said, citing Tang Jiaqing, an official with the Changqing oil field, which operates the Changbei field. 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.

Kazakhs Consider Bid to Boost Kashagan Oil Cost to $46 Billion

By Nariman Gizitdinov – Jan 11, 2012 6:00 PM GMT

The Kazakh government is considering a request from Exxon Mobil Corp., Royal Dutch Shell Plc (RDSA) and other partners to raise the budget for the first phase of the Kashagan oil project by 20 percent to $46 billion, according to a person with knowledge of the matter.

The international oil companies, which include Eni SpA (ENI) and Total SA (FP), will bear the extra cost themselves, the person said, declining to be identified as the information isn’t public. Kazakhstan’s state energy company, which also has a stake, will reimburse them with barrels of oil for its share once output starts, he said. 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.

Casey lobbies Shell to build chemical plant in Pa.

JANUARY 11, 2012

Associated Press

HARRISBURG, Pa. — U.S. Sen. Bob Casey on Wednesday wrote to a Shell executive in hopes of persuading the oil and gas giant to choose a Pennsylvania site to build a huge new chemical plant that could mean thousands of new jobs and millions of tax dollars for the state.

The company has said it will decide early this year where to build the plant from among sites in Pennsylvania, Ohio and West Virginia, and those states’ officials have lobbied Shell or offered incentives for what could be a massive investment that rivals the region’s largest industrial plants. 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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