Shell

Shell could have tried to influence climate program at Science Museum

Shell could have tried to influence climate program at Science Museum

The Science Museum released emails, which show that Shell pushed its case to Museum staff to say no to NGOs regarding the chance to lead to a debate on the company's operations regarding an exhibition that was sponsored by it on waste and climate change.

She made efforts to influence the presentation of a climate change programme it was sponsoring at the Science Museum in London, internal documents seen by the Guardian show. The company was worried that a part of the project ‘creates an opportunity for NGOs to talk about some of the issues that concern them around Shell's operations’.

The company was also looking forward to know if a specific symposium at the museum was’ invite only’ since that would assure that they don’t want a debate on the topic.

Best spots to see the Shell Oil Rig Polar Pioneer

Best spots to see the Shell Oil Rig Polar Pioneer

Nobody knows how long the Shell oil rig the Polar Pioneer will be in Seattle, yet the sightseers have already started flocking to see the huge Cthulhu like monstrosity in Elliot Bay in West Seattle before it leaves.

The Pacific Pride Gas / Diesel Station at 1617 SW Lander St just off 16th Ave NW is one of the best unobstructed places to see the rig.

Seacrest Park is located at 1660 Harbor Ave SW. It is an ideal place to view the Shell oil Polar Pioneer and also the Shell No activist’s protest barge.

It is the ideal spot because the Seacrest Public Park has Marination Station Ma Kai restaurant which serves some of the best fish and chips and fish tacos in the region, and reminds all about the importance of the protection of fishing industry.

Shell moves toward drill for oil in Arctic

Shell moves toward drill for oil in Arctic

On Monday, Shell moved forward to resume its $6 billion quest for crude in the Arctic as Obama administration supported the company's plans for exploratory oil drilling in the Chukchi Sea. The company still needs to protect seven other permits and also find out a solution to a fight over its plan to moor rigs close to Seattle. It is required to win the assistance of Mother Nature prior to starting any drilling.

The Interior Department's conditional approval of Shell's broad Chukchi Sea exploration plan is a big achievement for the company. This came as a defeat for environmentalists, according to whom, an oil spill in those waters would lead to damaging effects in the fragile Arctic ecosystem jeopardizing whales, walruses and other marine life.

Shell to acquire BG Group in $70-billion deal

Shell to acquire BG Group in $70-billion deal

On Wednesday, Anglo-Dutch oil and gas company Royal Dutch Shell agreed to buy Britain's BG Group in a $70 billion cash and stock deal.

The acquisition marks the biggest deal of oil and gas industry in at least a decade. Shares of BG rallied 37% after purchase announcement.

The deal still needs to be approved by both firms' shareholders. BG Group shareholders will get 383 pence ($5.70) in cash, plus 0.4454 Shell B shares for each BG share.

In opening deals, the FTSE 100 index gained 37.1 points or 0.5% to 6,996.4, having closed 128.31 points higher yesterday. European markets were mixed, with the Dax 30 index in Frankfurt losing 0.2%.

Greenpeace Activists board Arctic-bound Shell Oil Rig

Greenpeace Activists board Arctic-bound Shell Oil Rig

The organization said that, on Monday, six activists along with the environmental group Greenpeace have boarded a Royal Dutch Shell oil rig in the Pacific Ocean bound for the Arctic.

In a statement, the group said that its team would occupy the underside of the Polar Pioneer's main deck and is planning to unfurl a banner with the names of millions of people those are opposed to Arctic drilling. It also added that they would not interfere with the vessel's navigation.

Johno Smith, 32, one of the six to board the Blue Marlin, the ship carrying the rig, said that they are here to highlight that in less than 100 days Shell is going to the Arctic to drill for oil. He added that the actions of Shell have been exploiting the melting ice to increase a man-made disaster.

AP govt offers 26% stake to Shell in Kakinada gas project

Royal-Dutch-ShellHyderabad: Andhra Pradesh government has approved a proposal for offering 26 percent stake to Europe's largest oil company Royal Dutch Shell in a gas project at Kakinada.

The AP government-owned AP Gas Infrastructure Corporation (APGIC) and state-owned GAIL floated AP Gas Distribution Company (APGDC) have set up a 3.5 million tonnes capacity (expandable up to 10 million tonnes) Floating LNG Storage Regasification Unit (FSRU) in the East Coast at Kakinada Deepwater Port.

Shell shuts major oil pipeline in Nigeria over leakage

Shell shuts major oil pipeline in Nigeria over leakageLagos, Oct 10 - The Shell Petroleum Development Company (SPDC) of Nigeria Wednesday closed down the Trans Niger Pipeline (TNP) in the southern Niger Delta region following reports of new leaks.

The incident came up barely 10 days after the line was repaired from crude oil theft incidents, reported Xinhua citing the oil company in a statement, which added production of some 150,000 barrels of oil per day has been deferred due to the shutdown.

Shell terms I-T dept.’s tax evasion claims as “absurd”

Shell terms I-T dept.’s tax evasion claims as “absurd” Shell India, the Indian arm of global petrochemical and energy giant Shell, has termed income tax (I-T) department's tax evasion claims as "absurd," claiming that it did not evade taxes.

Indian income tax authorities sent a notice to Shell India alleging that the petrochemical and energy giant evaded tax by undervaluing shares issued to its parent firm, Shell Gas BV, for equity infusion of around Rs 87 crore in 2009.

Tax order goes against govt.’s FDI drive: Shell India

Tax order goes against govt.’s FDI drive: Shell IndiaIIndian income tax (I-T) department's share transfer pricing order that accuses Royal Dutch Shell Plc of tax evasion is based on incorrect interpretation, and is contrary to the finance ministry's foreign direct investment drive, according to the Indian arm of Anglo-Dutch oil giant.

The share transfer pricing order by the Indian tax authorities is related to the issue of 870 million shares transferred Shell India to sole parent Shell Gas BV in March 2009.

Shell’s Bangalore technology centre to hire 600 more R&D staff

Shell’s Bangalore technology centre to hire 600 more R&D staff Oil & gas giant Shell has announced its plans to hire additional 600 researchers and engineers in its Bangalore technology centre, which was set up in 2006 and currently has 900 R&D staff.

The $470-billion firm has announced its plan to move to a new forty-acre campus situated in Devanahalli on the fringes of the city by the year of 2015. The firm's current R&D staff is split across two leased facilities.

Geelong refinery is on borderline, says SHELL

Geelong refinery is on borderline, says SHELLThe Royal Dutch Shell Plc (RDSA) has said that its refinery in Geelong is facing increasing challenges including more competition from larger refinery.

One of the company officials have said that the future of the refinery in as "borderline". The company has indicated that the performance of the unit in the coming years will determine if the company will continue to operate the facility.

Shell abandons plans to drill in Alaska this year

Shell abandons plans to drill in Alaska this yearThe Royal Dutch Shell Plc (RDSA) has scrapped its plan for drilling to find oil in American state of Alaska this year mainly because the doom to cover a spill was damaged.

Shell, R-Power to set up gas floating facility off Andhra coast

Shell, R-Power to set up gas floating facility off Andhra coastNetherland’s energy major, Shell and Anil Ambani's Reliance Power have announced that the two companies will jointly develop a floating facility for importing gas from ships off the coast of Kakinada in Andhra Pradesh by the year 2014.

Shell to participate in Malaysian grand Prix 2010

Shell-Grand-prix-2010The leading player in the lubricants business, Shell has recently said that the company has renewed its focus to support the Malaysian round of the Moto GP.

It is to be mentioned here that Shell is globally already a technical partner for Ducati and the association of Shell Advance, the product which is used as a lubricant in two-wheelers is a latest step taken in the ongoing relationship among the two parties.

Shell India eyes a 13% market share

ShellShell India Markets Pvt Ltd is surely getting aggressive in nature by the day on the back of factors like the rising demand in the Indian market. In fact, the company has recently said that it is eyeing around 13 percent market share in the Indian lubricant market from the present 6-7 percent.

It is to be mentioned here that Shell India Markets Pvt Ltd is 100 percent subsidiary of global oil major Shell which manufactures close to 3,000 varieties of lubricants globally. Donald Anderson, Country Head, Lubricants, Shell India Markets, said that the company is looking at a double digit market share.

Arrow takeover bid gets approval from FIRB

Arrow takeover bid gets approval from FIRBThe Foreign Investment Review Board of Australia has approved the $A3.44 billion joint takeover bid by Royal Dutch Shell and PetroChina for Arrow Energy. Arrow Energy Ltd., the coal seam gas producer in Australia, provided this information today in a statement.

Arrow said that after getting the approval from FIRB the joint venture company could now seek regulatory approval from Chinese authorities. Arrow also said that it is planning a demerger of the international business and selected domestic assets.

Arrow acquisition cleared by the competition regulator

Arrow-EnergyThe proposed acquisition of Arrow Energy Ltd., a coal seam gas producer in Australia, by Royal Dutch Shell Plc and PetroChina Co. has finally got clearance by the Australian Competition and Consumer Commission. The competition regulator said today that it would not oppose the acquisition of Arrow Energy Ltd. ACCC was reviewing the transaction since more than a month.

Shell’s Perdido plant starts production

Shell’s Perdido plant starts productionOn Wednesday, the Royal Dutch Shell said that its newest unit in Perdido has started production. This is the world's deepest offshore drilling unit and is situated in the deep waters of Gulf of Mexico.

Talking about this, the President of Shell Co.'s US arm, Marvin Odum said that the company has been trying to look for newest venture so that it is able to provide continuous supply of oil and gas.

Shell, PetroChina improve bid for Arrow

Shell, PetroChina improve bid for ArrowThe joint bid of Royal Dutch Shell and PetroChina for taking over Arrow has been improved.

As against the earlier bid of $2.96 billion, it has now increased it to $3.14 billion. In Australian dollars, it is 3.44 billion.

The consortium had first bid during the first half of this month. It is now waiting for approvals from the shareholders of Arrow as well as the Australian authorities.

Nexen and Shell discover big oil reserve in Mexico

oilRoyal Dutch Shell PLC and Nexen Inc. have announced that they have discovered a 'significant' source of oil in the eastern Gulf of Mexico.

It was done in Mississippi Canyon blocks 391 and 392 at Appoxmattox.

The two companies are working together to develop the oil project. They said that the discovery was made in deep water and the quality of oil is good. The reservoir was found while an exploratory well was being drilled.

The well is located 2,200 meters inside water and is 7,500 metres below the sea level. The vertical thickness of the well is 160 meters.




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