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Posts on ‘July 5th, 2012’

Refinery Status: Shell Reports Flaring At Deer Park – Filing

Jul 5, 2012

DOW JONES NEWSWIRES

Royal Dutch Shell Plc. (RDSA.LN) reported flaring at its 327,000 barrel-a-day refinery July 4 in Deer Park, Texas, according to a filing with the National Response Center. A Shell spokeswoman declined to comment.

A compressor problem at Shell Oil Co’s 157,000 barrel-a-day refinery in Martinez, Calif., caused flaring at the facility on June 28, according to traders doing business with the company. It wasn’t known which refinery units were affected.

Motiva Enterprises LLC reported unspecified equipment failure June 30 at its 235,000 barrel-a-day refinery in Convent, La., according to a public filing. 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 Said to Renew 1 Billion-Euro Deutsche Telekom Data Deal

By Cornelius Rahn on July 05, 2012

Deutsche Telekom AG (DTE)’s T-Systems unit won an extension of a 1 billion-euro ($1.2 billion) deal to manage the data center infrastructure of Royal Dutch Shell Plc (RDSA), two people familiar with the matter said.

The initial outsourcing contract, signed in March 2008, will be extended by at least another five years, the people said, asking not to be identified as the agreement hasn’t been announced yet. Under the deal, T-Systems is moving data into a cloud computing infrastructure, meaning Shell can access information and services remotely, without having to maintain its own servers, one person 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.

Cove Sparks Top Bids for Gas Explorer in Africa: Real M&A

By Alex Barinka – Jul 4, 2012 10:00 PM GMT+0100

Traders are more convinced than ever that a bidding war for Cove Energy Plc (COV) will lead to the richest takeover premium on record for an oil and natural-gas explorer.

The owner of a stake in gas fields off Mozambique lured a sweetened offer of 1.2 billion pounds ($1.9 billion) from PTT Exploration & Production Pcl in May that topped prior bids from Royal Dutch Shell Plc. (RDSA) Shares of Cove rose to a record 270 pence yesterday, almost 13 percent above PTTEP’s proposal, indicating traders who profit from acquisitions anticipate the competition will escalate. It now trades higher above the offer price than any other pending acquisition in western Europe of at least $500 million, according to data compiled by Bloomberg. 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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