Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘May 31st, 2017’

Shell keeps exploration and production focus in Australia

John Culbertson: May 31, 2017

May 31 (UPI) — Royal Dutch Shell said Wednesday it was keeping its exploration and production portfolio in place in Australia, but stepping back from its aviation business.

Shell’s aviation subsidiary in Australia sold to independent Viva Energy Australia for $250 million in line with the Dutch supermajor’s efforts to streamline its portfolio. Shell keeps its brand name visible in the aviation refueling sector as Viva Energy remains the licensee of its fuels.

“Shell’s upstream operations in Australia, which include exploration, production and gas commercialization, are not impacted by this announcement,” the company stated. 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 Canada statement on oil sands divestment

CALGARY, May 31, 2017 /CNW/ – A statement from Shell Canada President and Country Chair Michael Crothers on the completion of two previously announced agreements that will see Shell sell the majority of its oil sands interests and all of its in-situ interests in Canada:

“Shell has built safe, responsible and competitive oil sands mining and in-situ businesses in Alberta over the past decades thanks to the tireless work and dedication of our staff, contractors and joint venture partners; strong support from local communities, including our indigenous neighbours; and leadership from all levels of government. I am immensely proud of everything we have achieved together and of the legacy we leave to Canadian Natural. 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 buys Chevron’s Trinidad and Tobago subsidiary for $250M

|By: , SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) agrees to acquire Chevron’s (CVX -0.4%) subsidiary in Trinidad and Tobago for $250M.

The deal includes CVX’s Trinidad and Tobago’s interest in the 10T cf Loran Manatee cross-border gas field shared with neighboring Venezuela; CVX retains its interest in the block on the Venezuela side of the border.

Shell has been expanding its holdings in Trinidad and Tobago since its purchase of BG Group and is seeking to rival BP as the biggest player in the area. 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 says completes sale of Australian aviation business for $250 mln

May 31 Shell

Has completed sale of its Australian Aviation Business to Viva Energy Australia for a total transaction value of approximately $250 million.

Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

SOURCE

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 Downstream CIO – “We should be scared”

 

May 23, 2017 The threat

Walker very frankly admitted that Shell “should be scared” during our discussion, where he said that one of his biggest fears is having to go and tell his director that he’d lost a billion dollar business because he didn’t foresee a new business model for Shell, enabled by new technologies.

He said:

That’s not solely my fault, but I think as their CIO, my job is to have some future vision. And you look at what other companies are doing and how easily I could be taken out.”

You only have to think about your own life and how things work, right? If it’s easier to go order what you want here or get it through this route, you will do it. And actually, you probably don’t care if it costs five cents more, or five cents less, you just don’t have the time to piss around on a site that doesn’t take your credit card properly, doesn’t seem to know who you are, and just seems a pain to get around. 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.

Canadian Oil Sands Brace As Oil Majors Dump Shares

By Tsvetana Paraskova – May 30, 2017, 5:00 PM CDT

Royal Dutch Shell and ConocoPhillips struck deals in March to sell Canadian oil assets to two Canada-based producers. In both deals, parts of the consideration for the transactions were shares of the Canadian companies that Shell and ConocoPhillips received.

Although the share transactions are subject to lock-up periods of up to six months following the closing of the deals, Shell and ConocoPhillips are getting ready to sell those shares—possibly months after acquiring them—regulations and agreements permitting. 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.

Market Realist Royal Dutch Shell articles 30 May 2017

Visit this webpage to view eleven Shell related articles, all by Michelle Rey, published by Market Realist on 30 May 2017.

Shell’s Brazilian Deep-Water Portfolio

Analyst Ratings for Shell: Why Most Rate It a ‘Buy’

How Shell’s Dividend Outflows Have Trended

Has Shell’s Leverage Trend Reversed?

Are Shell’s Cash Flows Getting Revitalized?

In Which Segment Has Shell’s Capex Plunged?

Shell’s Segmental Earnings in 1Q17: Upstream Swings to Profit

Shell’s Upstream Portfolio: Is it Poised to Grow?

How Shell’s Downstream Portfolio Is Evolving

How Widespread Are Shell’s Refined Product Markets?

The Surge of Shell’s Chemical Margin Markers in 1Q17 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 Todd seek consent to resume offshore drilling in Taranaki

Shell Todd seek consent to resume offshore drilling in Taranaki

By Mike Watson, May 30, 2017

Marine consents have been lodged by Shell Todd to use a mobile jack-up rig to resume drilling in the existing Maui natural gas field off the Taranaki coast.

The company lodged two consents with the Environmental Protection Agency to put in place and later remove a jack-up rig as part of its potential drilling programme in 2018-2019, a company spokeswoman said.

The rig will be positioned near the existing Maui A and B platforms between 35-50 kilometres offshore from the coastline. 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: