Companies like Shell are facing new threats to their business. Communities that oppose big mining and drilling projects have caused costly delays...
Posts Tagged ‘Natural Gas’
Companies with poor track records on environmental damage try for change
Arrow, Shell Seal a Venture
"Both Shell and Arrow will now work together to deliver the value from our vast Australian coal seam gas interests as well as move forward with our international opportunities," Arrow Chief Executive, Nick Davies said in a statement.
Gas, Gas Everywhere
On Aug. 28, Royal Dutch Shell (RDSA) closed on the $5.7 billion acquisition of Duvernay Oil, which holds similar prospects in Canada.
Russia – Tough Investment Environment
This article relates the saga of the Sakhalin II project, one of the earliest of the Russian production sharing agreements.
TALES OF THE TAPE: High Prices Keeping Lid On Big Oil Deals
BP's announcement came three days after rival Royal Dutch Shell PLC (RDSA) announced a near-$6 billion takeover bid for Canadian natural-gas producer Duvernay Oil Corp., also considered a top-dollar move.
Shell Keen’ on Stake in Australian LNG, Partner Says
Royal Dutch Shell Plc, Europe's biggest oil company, is ``keen'' to acquire a stake and purchase the output from a coal-seam gas based fuel export project in Australia's northeast, said Arrow Energy Ltd., a venture partner.
Australia’s Nexus plans $975 mln gas exploration
Nexus' Crux field, in which Royal Dutch Shell Plc has a stake in some of the permits, has proven and probable reserves of about 71 million barrels of condensate and about 2 tcf of contingent gas resources.
Cook to break the mould at Shell
Cook joined the Shell board in 2004 in the aftermath of the embarrassing reserves scandal that cost chairman Sir Phil Watts and finance director Judy Boynton their jobs. She was devastated by the shake-up, having liked and respected Watts, but she refused to be deflected by the upheaval, choosing instead to get on with the job.
Chesapeake, Plains Set to Tap Gas Field
...even global giant Royal Dutch Shell PLC has gotten involved, via a partnership with Canadian energy producer EnCana Corp.
Australia to Promote Coal-to-Liquids to Improve Energy Security
Monash Energy, a venture between Anglo American Plc and Royal Dutch Shell Plc, is considering building a plant in Victoria state to turn coal into motor fuel...
Morales Takes Step Against Operation Part-Held by Shell
SÃO PAULO, Brazil -- In a bid to regain political footing amid a growing autonomy movement by Bolivia's richest states, Bolivian President Evo Morales ordered the nationalization Monday of a natural-gas pipeline operator half-owned by Royal Dutch Shell PLC and a U.S. investment fund.
Shell moves on Australia’s coal seam gas market in $700m deal
Royal Dutch Shell has signed a $700m (£356m) deal to buy a stake in Australia's Arrow Energy to jointly produce natural gas from coal deposits.
Shell to make major investment in Malaysia over next 5 years
Van der Veer said world energy demand was estimated to double in 2050 as the world population grew to nine billion.
Japan banks set to extend loans to Sakhalin-2 project
TOKYO, June 3 (Reuters) - The state-run Japan Bank for International Cooperation and four private banks are in final talks to co-finance loans to back the Sakhalin-2 liquefied natural gas project, the JBIC said on Tuesday.
Shell, Arrow Sign Accord for $700 Million Gas Venture (Update2)
June 2 (Bloomberg) -- Royal Dutch Shell Plc, Europe's largest oil company, and Australia's Arrow Energy Ltd. signed an initial accord for a $700 million venture to extract natural gas from coal seams to tap rising demand for cleaner-burning fuels.
Arrow shares up 20% on $776m Shell deal
Royal Dutch Shell, Europe's largest oil company, has formed a $776 million alliance with coal seam gas producer and liquefied natural gas (LNG) hopeful, Arrow Energy.
Origin Energy rejects improved offer by BG Group
Yesterday shares in Arrow Energy, Australia's number four producer of coal-seam gas, were still halted as it worked on an agreement to sell an interest in its projects. Shell was rumoured to be the likely partner.
Australia strikes it rich as oil majors scent big potential of coal-seam gas
Yesterday, Arrow Energy the fourth-largest producer was in a trading halt as energy majors, rumoured to include Shell, circled. Analysts say that BP, ENI and Total are interested.
Global Demand Squeezing Natural Gas Supply
CAMERON PARISH, La. The cost of a gallon of gas gets all the headlines, but the natural gas that will heat many American homes next winter is going up in price as fast or faster.