NEW YORK, Dec 9 (Reuters) - Shell Oil said it continued to ramp up Gulf of Mexico oil and gas production shut for hurricanes Gustav and Ike this past October.
Oil Production
Shell ramping up Gulf of Mexico output after Ike
Shell ramps up Gulf of Mexico production
HOUSTON: Current Shell operated production from the Gulf of Mexico is now over 400,000 BOE/d, while Shell's net production, including both operated and non-operated production, from the region is around 310,000 BOE/d.
Nigerian militants threaten attack
Nigerian militants threatened on Wednesday to attack deepwater oil vessels belonging to Royal Dutch Shell and Chevron, raising fears that this weeks upsurge in fighting in the Niger Delta could put multi-billion dollar investments at risk.
Shell says Norco, Louisiana, refinery near normal
NEW YORK, Sept 17 (Reuters) - Shell Oil said on Wednesday its 220,000 barrel per day joint-venture Motiva oil refinery in Norco, Louisiana, would reach normal rates by the end of the day.
Energy Sector Hums Again
Royal Dutch Shell PLC, operator of the Gulf's biggest platform in terms of production, over the weekend said it wouldn't redeploy all personnel evacuated from offshore facilities "because of the possibility that Hurricane Ike might enter the [Gulf of Mexico] next week and require another evacuation."
Shell says restarting US offshore output, pipelines
Shell Oil said on Thursday it expected to restart the bulk of its offshore oil and gas production over the next several days following shutdowns triggered by Hurricane Gustav, and expected its offshore pipeline system to be ready to handle the output.
Oil Is Steady as U.S. Output Resumes, OPEC to Keep Production
Royal Dutch Shell Plc and ConocoPhillips said yesterday that Hurricane Gustav caused no damage to platforms in the Gulf of Mexico. Exxon Mobil Corp. workers are returning to production facilities, according to the company.
Crude Oil Falls on Minimal U.S. Storm Damage, Stronger Dollar
Royal Dutch Shell Plc, Total SA, ConocoPhillips and Valero Energy Corp. are among oil and gas producers, and refiners that have started initial inspections of facilities.
U.S. Refineries Are Shut, Offshore Wells Closed, for Hurricane
Motiva Enterprises LLC, a Houston-based joint venture of Royal Dutch Shell Plc and Saudi Arabia's state oil company, said it shut its Norco, Louisiana, plant, which can process 236,400 barrels a day.
Few companies are watching Gustav more closely than Royal Dutch Shell
Few companies are watching Gustav more closely than Royal Dutch Shell. About 80 percent of Shell's U.S. oil and natural-gas production comes from the Gulf of Mexico, where it's the top oil producer.
Strategy shift key to oil majors growth
LONDON: Western oil majors need to speed up a strategic shift into more complex oil and gas projects if they wish to return to consistent production growth after another quarter of disappointing output. Industry No 2 Royal Dutch Shell said output dropped 1.6 per cent...
Nigeria: Pollution and poverty stain a land divided by oil
Once dismissed as a group of amateur bandits, Mend has become increasingly sophisticated despite its arsenal of rusty Kalashnikovs. Proof of this came three weeks ago with their audacious night-time raid on the Bonga offshore field, forcing Shell to shut down the 200,000-barrel-a-day operation, and serving notice that deep-water facilities, once seen as safe, were no longer out of bounds.
Prime Minister Gordon Bean intervenes: Nigerian militants end ceasefire
Mr Brown's comments amounted to "military support to the illegal government of Umaru Yar'Adua", the leader of the group, known as Mend, said in an email.
Oil trading at $136 a barrel on Mideast tension
Renewed concerns about supply disruptions out of Nigeria also emerged as the main militant group there said it would resume attacks in the country's oil-rich river delta region because of Britain's recent pledge to back the government.
Nigeria’s MEND Militant Group Plans to End Cease-fire (Update1)
British Prime Minister, Gordon Brown, said yesterday that the U.K. is prepared to help Nigeria quell unrest near its oilfields as part of an effort to boost world oil output and bring down prices.
Elusive peace in Nigeria’s oil Delta
Last week, an attack by militants close to the Bonny Island Liquefied Natural Gas export terminal killed nine people, including a pregnant woman and four soldiers.
Shell injecting new life into Ursa and Princess Fields in Gulf of Mexico
Shell announced today that it has achieved yet another milestone in the Ursa/Princess Waterflood project
Iraq opens oilfields to international deals
But the long-awaited news was soured by the revelation that five big Western oil companies had refused to sign smaller, short-term service contracts to renovate the countrys dilapidated oil infrastructure unless they were guaranteed a slice of the massive oil-pumping deal.
Oiling Iraq’s Revival
...some Iraqi nationalists as well as anti-war activists will be strengthened in their delusion that the real reason for the 2003 invasion was the US wish to gain control of Iraqi oil.
Cries in the Dark: How serious is America’s energy crisis?
James Schlesinger, the first U.S. energy secretary, has said for decades that when it comes to energy policy, the U.S. toggles between complacency and panic.
ISN Security Watch: Niger Delta: Nowhere to hide
Royal Dutch Shell's Bonga field, the biggest deep offshore field in Africa and holding more than 1 billion barrels of crude reserves, thus became a showpiece of success in the Gulf of Guinea. Other oil majors such as Chevron Corp, Exxon Mobil Corp and Total also followed with huge offshore oil discoveries that helped make the waters offshore Nigeria a leading global oil exploration hotspot.
However, the aura of invincibility that surrounded the deep-water oilfields in Nigeria is no more. It was shattered on 19 June when the main guerrilla group in the oil region, the Movement for the Emancipation of the Niger Delta (MEND), launched an overnight raid on the Bonga oilfield's floating, storage, production and offloading vessel, forcing it to shut down.
Nigeria: Attack On Bonga – MEND Reveals How Its Men Carried Out Raid
So far, the federal government has reacted by sending more troops to the Niger Delta. Shell has also resumed operations at the said station but under the watchful eyes of two naval frigates as guards.
Nigeria: Shell Restarts Bonga Under Naval Cover
Shell Nigeria Exploration and Production Company, a subsidiary of the Anglo-Dutch oil giant, Shell, has restarted oil production on the Bonga Floating, Production, Storage and Offloading (FPSO) vessel under the protection of two Nigerian navy frigates.
EIA reduces forecast for non-Opec oil production
The world outside Opec is struggling to produce more oil...
US Oil Revenue Oversight Bill May Restrict Resource Access
The House Financial Services Committee Thursday will consider legislation to increase revenue transparency in the petroleum and mining industries.
Shell resumes work at Bonga site
Royal Dutch Shell resumed production yesterday at its giant deepwater Bonga oilfield off the coast of Nigeria, which was shut down last week after an attack by speed-boat riding militants, reports Matthew Green in Lagos .
Congress Looks for a Culprit for Rising Oil Prices
Until recently, lawmakers had focused on the traditional suspects: oil companies and the Organization of the Petroleum Exporting Countries. But increasingly, they are casting a suspicious eye on the role of investors, including speculators, in driving up prices.
Shell restarts Nigeria’s Bonga offshore production
LAGOS (Reuters) - Royal Dutch Shell said it had restarted production at its Bonga offshore oilfield in Nigeria on Tuesday after an attack by militants last week.
Oil Is Steady After Shell Says It Resumed Output at Bonga Field
June 24 (Bloomberg) -- Crude oil was little changed in New York after Royal Dutch Shell Plc said that it resumed production at its Nigerian Bonga field that was attacked last week.
Fragile strategies for a complex conflict
The military was powerless to prevent MEND launching a spate of attacks on pipelines that forced Shell to close 164,000 b/d of oil production in April alone.
Oil continues to rise as Nigerian rebels attack Shell platform 120 miles offshore
Exacerbating the situation is Nigeria, where armed rebels opened a new front in their campaign against foreign oil companies last week by attacking a Royal Dutch Shell platform 120 miles of the coast. Deepwater platforms have generally been viewed as safe from attack, given their distance from the coast.
Shell Nigeria wants to restore Bonga output quickly
ABUJA, June 23 (Reuters) - Royal Dutch Shell wants to get its Nigerian offshore oilfield Bonga back to production as soon as possible, a senior executive said on Monday, but gave no indication of how long that might take.
Who wants oil prices to fall?
...does Saudi Arabia really want to bring oil prices down?
Global Oil Crisis: Oil Rises as Saudi Pledge Fails to Ease Global Supply Concerns
June 23 (Bloomberg) -- Oil rose to within $3 of a record on speculation Saudi Arabia's output increase may not raise global supply because of production halts in Nigeria and the North Sea.
MEND declares “an all out war”
...in a swift reaction to the president's directive to the armed forces the Movement for the Emancipation of the Niger Delta (MEND), which claimed responsibility for the attack, has declared an all out war and warned all foreigners in the region to leave immediately or face the consequences.
Global Oil Crisis: Chevron pipeline blown up in Nigeria
The sabotage took place hours after militants shut down 200,000 b/d of oil production from Royal Dutch Shell's Bonga oilfield.
Chevron’s Nigerian Onshore Output Halted After Attack
June 22 (Bloomberg) -- Chevron Corp.'s Nigerian onshore oil output remained halted following an attack on a pipeline operated by the company, H. Odein Ajumogobia, the country's minister of state for petroleum, said today
Nigeria: Shell Stops Producing 200,000 Barrels – After Militants’ Attack
A devastating attack on the huge Bonga offshore oil platform yesterday forced the country's leading oil producing company, Shell Petroleum Development Company (SPDC), to suspend all production and export activities at the field.
Shell shuts oilfield after gun attack
Gunmen in powerboats sped across more than 100km of open sea to attack a giant oil production vessel off Nigeria yesterday, forcing Royal Dutch Shell to shut down one of Africa's biggest oilfields
Nigerian Militants Attack Oil Rig, Prompting Shell to Cut Production
The attack is a big blow to Shell, which said it had suspended all production at its Bonga field while it investigates the attacks.
Nigeria attack stops Shell’s Bonga offshore oil: U.S. Captain kidnapped
After the attack, the gunmen came across a separate oil supply vessel and kidnapped its U.S. captain in an apparent opportunistic attack, navy spokesman Henry Babalola said.
Militants say they’ve attacked Nigerian oil rig, kidnapped one foreign worker
LAGOS, Nigeria The most powerful militant group in Nigeria said it launched a rare attack early Thursday against an offshore oil rig but failed to cripple the installation far from shore.
Shell shuts down Nigerian oil field after attack
Royal Dutch Shell says it has shut down production at a Nigerian oil field that produces about 200,000 barrels per day after a militant attack.
Shell Nigeria Losing Up to 400,000 Barrels/Day Output
June 17 (Bloomberg) -- Royal Dutch Shell Plc's Nigeria venture has as much as 400,000 barrels of crude a day shut in as result of attacks by militants on its facilities, an official said.
Plan Would Lift Saudi Oil Output to Highest Ever
The move was seen as a sign that the Saudis are becoming increasingly nervous about both the political and economic effect of high oil prices. In recent weeks, soaring fuel costs have incited demonstrations and protests from Italy to Indonesia.
French oil giant says demand could catch supply
Total, along with Exxon Mobil Corp. and Royal Dutch Shell Plc, the world's two biggest publicly traded oil companies, are facing increasing barriers to oil and gas reserves as resource- holding nations favor national champions.
Strike could affect Shell’s production
THE CALGARY HERALD: Royal Dutch Shell PLC, Europe's biggest oil producer, may be forced to cut output from a North Sea platform if rig managers strike this weekend.
Norway Oil Producers Say Rig Strike Can Be Averted (Update1)
The Norwegian Organization of Managers and Executives said it will pull 86 workers from StatoilHydro ASA's Snorre A platform and Royal Dutch Shell Plc's Draugen A rig on June 7 if a new agreement isn't reached on wages and working hours. The strike imperils output of 220,000 barrels of oil a day, or about 9 percent of Norway's total oil production.
Total outlines post-oil strategy
Mr de Margerie said that though the group was confident about its future as an oil producer, "we must have the courage to say that there will be no more oil by the end of the century". Total intended to develop activities in three key areas of renewable energy: solar and nuclear power and clean coal.
The Nigerian Rebel Who ‘Taxes’ Your Gasoline
Okah may be in prison, but the organization he leads, Movement for the Emancipation of the Niger Delta (MEND) continues to wreak havoc on international oil companies operating in the Niger Delta, sabotaging facilities and kidnapping personnel. And that limits Nigeria's output, and keeps global oil prices climbing.