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Posts on ‘October 3rd, 2016’

Shell, Chevron Drop Off Platts Top 10 Energy Firm List

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screen-shot-2016-09-20-at-21-16-05By Irina Slav – Oct 03, 2016, 10:26 AM CDT

Shell and Chevron were among the international oil giants that fell off the top 10 companies of 2016 in the S&P Platts’ annual ranking of the 250 biggest companies by assets and revenues. The asset value and revenue figures are all for 201—the year when the oil price collapse really began to be felt.

The USA Today quotes Platts as saying the changes in the top 10 segment reflected the continuing depression on international oil markets. The price slump, Platts said, hit oil and gas majors’ earnings hard, and it also led to a serious devaluation of assets, meanwhile benefiting companies with stronger downstream operations, pure-play refiners, and power utilities. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Opinion: OPEC surprises – but will it deliver?

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Opinion: OPEC surprises – but will it deliver?

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Written by Richard Dyson – 03/10/2016 5:00 am

After weeks of speculation, OPEC showed it still has the power to surprise last week with its announcement of an agreement to cut back oil output for the first time in eight years. While short-term celebrations were rife, the question remains: Was the group just calling our bluff that its informal meeting would amount to more of the same, or will something actually be done?

While not expected, the tentative output agreement – to reduce production to between 32.5 million and 33 million barrels per day, down from the current 33.5 million barrels per day – came as welcome news to the oil and gas industry, as many of us presumed that this meeting would follow the usual pattern of producing no tangible results. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Carnival to power cruise ships with LNG

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UPI: Carnival to power cruise ships with LNG

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By Daniel J. Graeber: Oct 3, 2016

Maritime travel company Carnival Corp. said Monday it signed a deal to power its cruise ships with liquefied natural gas from Dutch energy company Shell.

Carnival said it signed up to become the first company of its kind to power vessels with liquefied natural gas. At the onset, Shell will supply LNG to two ships set for launch in 2019. The travel company said the agreement is part of a green initiative meant to reduce its environmental footprint.

“We are committed to reducing our air emissions and improving air quality by evaluating new and established solutions such as LNG — an especially promising option because of its environmental and other benefits,” Tom Strang, senior vice president of maritime affairs for Carnival Corp., said in a statement. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Norway oil and gas workers may strike, threatening UK gas supply

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Norway oil and gas workers may strike, threatening UK gas supply

Mon Oct 3, 2016

Workers at three onshore plants serving Norway’s oil and gas industry will strike from Oct. 7 unless they get a new wage deal, the SAFE labour union said on Monday, potentially threatening Britain’s natural gas supplies.

Some 338 workers at Statoil’s Melkoeya LNG plant, Shell’s Nyhamna natural gas processing plant and ExxonMobil’s Slagen refinery terminal would go on strike if talks on a new pay deal break down, the union said.

The Melkoeya plant turns gas from the Arctic Snoehvit field into liquefied natural gas (LNG) which is shipped worldwide, while Nyhamna supplies about 20 percent of Britain’s natural gas demand from the giant Ormen Lange field offshore Norway. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell To Supply Liquefied Natural Gas For Carnival Cruise Ships

cropped-Screen-Shot-2016-09-09-at-20.58.10.jpgShell To Supply Liquefied Natural Gas For Carnival Cruise Ships

Mon, 3rd Oct 2016 11:25

PANAMA (Alliance News) – Cruise operator Carnival PLC announced it has signed a framework agreement with Shell Western LNG BV, a unit of Royal Dutch Shell PLC, to be its supplier of marine liquefied natural gas to power the fully LNG-powered cruise ships.

Under the agreement, Shell will initially supply Carnival Corporation’s AIDA Cruises and Costa Cruises brands with fuel for two new LNG-powered ships expected to launch in 2019.

The agreement builds on the partnership established between Carnival Corporation’s AIDA Cruises brand and Shell in April to supply its AIDAprima ship with LNG to power the vessel while docked. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell IPO could be landmark offering

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cropped-Screen-Shot-2016-09-09-at-20.58.10.jpgShell IPO could be landmark offering

Written by Rita Brown – 03/10/2016 9:48 am

Shell’s plans to sell as much as P29.7billion worth of shares on the Philippine Stock Exchange would be a landmark initial public offering (IPO) for the region.

The sell-off is penciled in for October.

The Pilipinas Shell Petroleum IPO will run from Wednesday, October 19 to 25 after the price setting on Thursday, October 13.

The firm is on the crest of its hotly awaited stock market debut. It plans to auction off 330 million primary and secondary shares to the public for as much as P90 per share. If it completes the order, the offering will officially be the Philippine Stock Exchange’s biggest debut. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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