Aug 4th, 2016
by John Donovan.

By Rupert Hargreaves: The Motley Fool Aug 4, 2016
Over the past 10 years, the oil industry has changed dramatically. Technological advances have helped reduce the cost of extracting oil from unconventional sources significantly, and as oil prices have plunged over the past two years, shale oil producers have ploughed more time and resources into pushing costs even lower.
As a result of this unrelenting drive to reduce costs and improve efficiency, it’s estimated that the majority of US shale fields can break even with oil at $60 a barrel. Scott Sheffield, the outgoing chief of Pioneer Natural Resources claims that Pioneer’s pre-tax production costs have fallen to $2.25 a barrel. read more
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Aug 4th, 2016
by John Donovan.

Andrew Ward, Energy Editor: August 4, 2016
Hundreds of workers on North Sea oil and gas rigs downed tools on Thursday in an escalation of a dispute which has highlighted mounting economic pressure on the UK offshore energy industry.
Seven platforms operated by Royal Dutch Shell are affected by the 48-hour stoppage involving employees of its maintenance contractor, Wood Group.
The strike has exposed rising anger among the North Sea workforce…
FULL FT ARTICLE
RELATED
Bryce Elder
Shell slips as concern shifts to debt pile read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.
Aug 4th, 2016
by John Donovan.


Mr Smith cited the immigration legacy of Australian gold rush towns like Bendigo. Picture: Gary Ramage.
MATT CHAMBERS
The Australian
1:37PM August 4, 2016
Shell Australia chairman Andrew Smith has called for greater levels of immigration to bolster population growth, saying industry has failed to advocate for immigration policy that will help the economy.
“Often-hysterical debate has surrounded Australian immigration in the new millennium,” Mr Smith told a Melbourne Mining Club lunch. read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.
Aug 4th, 2016
by John Donovan.

Markets | Wed Aug 3, 2016 11:53pm EDT
* Idemitsu family buys small stake in Showa Shell
* Purchase raises prospect of possibly expensive tender offer
* Fears grow that move may derail deal
* Shares in Showa Shell down 8 pct, Idemitsu down 7 pct
By Makiko Yamazaki and Chang-Ran Kim
TOKYO, Aug 4 A move by Idemitsu Kosan Co Ltd’s founding family to block management’s plan to acquire smaller rival Showa Shell Sekiyu KK sent shares in the Japanese refiners tumbling on Thursday as concerns grew that the family might well succeed. read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.