Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘August 19th, 2016’

Can we still be sure of Shell?

Screen Shot 2016-08-19 at 09.42.13By Kevin Godbold – Friday, 19 August, 2016

Our investing forefathers used to trot out the maxim ‘never sell Shell’. Years ago, Shell was a fast-growing business in a fast-growing market, so holding on to Shell shares indefinitely made more sense back then than it does now.   

Today, Royal Dutch Shell (LSE: RDSB) is a mature business in a mature market and its fortunes tend to ebb and flow with the undulations of wider macroeconomic cycles. Adopting a long-term buy-and-hold strategy for Shell now seems inappropriate. 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.

Houston to be ethane source point for Shell pipeline project

Screen Shot 2016-08-19 at 09.34.14

By Michael BradwellAugust 17, 2016

A subsidiary of Royal Dutch Shell plans to build a 94-mile pipeline to carry ethane to the cracker plant Shell is preparing to build in Beaver County.

According to a statement released Wednesday by Shell spokesman Ray Fisher, the pipeline will carry ethane produced by natural gas drilling companies in the tri-state area.

The project will be built by Shell Pipeline Co. LP, and will be located in Southwestern Pennsylvania and extend into West Virginia and Ohio. 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.

Exxon, Motiva refineries continue reduced operations amid floods

Screen Shot 2016-08-19 at 09.24.26

Thu Aug 18, 2016 5:18pm EDT

Exxon Mobil Corp and Motiva Enterprises refineries continued to operate at reduced levels amidst flood waters in southern Louisiana, sources familiar with operations at each refinery said on Thursday.

An Exxon spokeswoman said the Baton Rouge Complex, which includes a 502,500 bpd refinery, continued to operate on Thursday, but declined to discuss the level of production or the status of specific units. The Baton Rouge refinery is the fourth largest in the United States. 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.

Nigeria recorded 1,600 cases of pipeline vandalism in eight months – Kachikwu

Screen Shot 2016-08-19 at 09.11.06

By Daily Post Staff on August 18, 2016

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says Nigeria has recorded 1,600 cases of pipeline vandalism since January.

Kachikwu made the disclosure at the 2016 Annual Conference of National Association of Energy Correspondents with the theme, “Low Oil Price: Impact and the Way Forward”, in Lagos on Thursday.

The minister also said that the country recorded over 3,000 pipeline vandalism cases from 2010 to 2015.

He said that the impact of attacks on oil and gas pipelines was that there was no money to fund the 2016 budget. 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.
%d bloggers like this: