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Iran riches coveted by big oil after decades of conflict

Extracts from a Bloomberg article published 31 March 2015

Iran riches coveted by big oil after decades of conflict

Now, as Iran and the US enter 11th hour negotiations to reach a nuclear deal and ease sanctions, the West Asian country is emerging again as a potential prize for western oil companies such as BP, Royal Dutch Shell Plc, Eni SpA and Total SA.

The restoration of Western oil investment appears to be a priority for Iran in its nuclear talks with the U.S., U.K, France, Germany, Russia and China. A year ago, the new Iranian President Hassan Rouhani used a speech during the World Economic Forum in Davos to court the European oil majors. read more

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Australian Coal-Seam Gas Shares Rise on Conoco-Origin Agreement

Arrow Energy Ltd., which plans a venture with Royal Dutch Shell Plc to produce liquefied natural gas from coal seams, rose as much as 11 percent to A$3.27, the highest in seven months.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

SEC’s New Plan Could Revamp Oil and Gas Reporting Rules

Analysts expect that Royal Dutch Shell (RDS.A) is likely to benefit the most among the oil majors, given that they are investing capital to retrieve crude from bitumen-soaked soil in Canada, as well as extract natural gas in coal beds in Australia and China, both of which can now be included as reported proven reserves.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil Producers Prepare for Storm in the Gulf

BP, ConocoPhillips, Shell and Transocean, a large drilling contractor, have begun evacuating hundreds of workers from rigs and production platforms in deep waters of the Gulf.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil steadies above $114 despite rising dollar

Energy companies, including Chevron Corp, ExxonMobil Corp, BP Plc, ConocoPhillips and Royal Dutch Shell said they were keeping track of the storm but their operations were not affected.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Windfall tax lets Alaska rake in billions from Big Oil

Even the market-friendly United Kingdom, home to oil giants BP and Royal Dutch Shell, recently has sought to capture a bigger share of revenue from companies operating in the North Sea.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil executives say soaring costs hurt them, too

WASHINGTON — Executives from the five biggest international oil companies on Wednesday said they are victims of high oil prices along with U.S. consumers, but Senate lawmakers showed little sympathy.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil companies ask Congress to allow more US exploration, reduce supply

John Hofmeister, president of Shell Oil, said his company and others are prohibited from exploring for more energy resources in the majority of US lands and offshore, and prohibited from even analyzing potential resources in several areas. 'The cumulative effect of these policies has been to discourage US investment and send US companies outside the United States to produce new supplies,' Hofmeister said. 'As a result, US production has declined so much that nearly 60 percent of daily consumption comes from foreign sources.'

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

only this weekend, Royal Dutch Shell pulled out of an Iranian gas project

Resources close to home look ever more tempting to western energy companies at a time of rising resource nationalism - only this weekend, Royal Dutch Shell pulled out of an Iranian gas project.

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.