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Posts on ‘January 23rd, 2017’

Shell Gabon employees end strike after deal

By AFP   |   23 January 2017   |   11:00 am

Shell Gabon’s 400 staff have returned to work, ending an 11-day walkout after a deal was reached with management over the planned sale of the business, union sources said Monday.

“Work has resumed at all sites operated by Shell Gabon,” after the government helped mediate a deal regarding workers’ compensation, said the ONEP union which had originally organised the open-ended strike.

Royal Dutch Shell, one of the two historic operators alongside French group Total, is selling its Gabon oil assets. 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 continues evolution by parting with Saudi corporation

By Daniel J. Graeber: Jan. 23, 2017

Royal Dutch Shell said its move to sell off its share in a petrochemical joint venture with a Saudi partner is part of its effort to retool its regional focus.

Shell sold its stake in a joint venture effort to Saudi Basic Industries Corp. for $820 million in a move that solidifies the Dutch supermajor’s shifting priorities in the wake of last year’s acquisition of BG Group.

The agreement marks the end of a joint venture agreement that was set to expire in 2020. 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 Exploration Boss To Step Down

January 23, 2017

LONDON (Reuters) – Royal Dutch Shell’s head of exploration Ceri Powell will step down next month, capping three years in office marked by sharp cutbacks in the company’s search for new oil and gas reserves amid the industry’s deep downturn since mid-2014.

Powell, a geologist who joined Shell in 1990, will depart on February 13 and become managing director of Brunei Shell Petroleum the following month, according to a Shell spokeswoman.

Powell will be replaced by upstream strategy vice president Marc Gerrits, who started his career in Shell in 1986 as an exploration geologist in Australia. 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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