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Friday, July 7
by
Royal Dutch Shell Plc .com
on Fri 07 Jul 2006 08:06 AM BST
Kidnappings in the restive and impoverished Niger Delta have been common in recent months, with militants using the hostages to bargain for a greater share of the wealth from Africa's largest crude producer. more »
Saturday, July 1
by
Royal Dutch Shell Plc .com
on Sat 01 Jul 2006 08:17 AM BST
FROM AP WORLDSTREAM: Energy giant Shell Oil Co. USA plan to build a $200-million (A157.3-million) wind farm on the slopes of a 20,000-acre (8,000-hectare) ranch on the island of Maui. more »
Wednesday, May 10
by
Royal Dutch Shell Plc .com
on Wed 10 May 2006 08:29 AM BST
The new Bolivian directors were named for Bolivia Refinacion SA, a subsidiary of Brazil's Petroleo Brasileiro SA, or Petrobras; Andina SA, part of Spanish-Argentine Repsol YPF; Chaco SA, a unit of Britain's BG Group PLC and BP PLC; Transredes SA, of British-Dutch owned Shell Corp., and Compania Logistica de Hidrocarburos de Bolivia, which has various foreign shareholders. more »
Thursday, April 20
by
Royal Dutch Shell Plc .com
on Thu 20 Apr 2006 09:00 AM BST
President Olusegun Obasanjo has rejected the group's demands for the release of a jailed militia leader accused of treason and a former oil state governor held on corruption charges. The movement also wants Shell to pay US$1.5 billion (A1.2 billion) to a group of Ijaw communities for environmental pollution as ordered by parliament. Shell is challenging the order in the courts. more »
Friday, April 14
by
Royal Dutch Shell Plc .com
on Fri 14 Apr 2006 09:19 AM BST
Poland and Royal Dutch Shell PLC on Thursday signed a deal for the oil giant to open a A7 million (US$8.5 million) center for accounting and management near the southern city of Krakow, Shell said. more »
Monday, April 10
by
Royal Dutch Shell Plc .com
on Mon 10 Apr 2006 09:09 AM BST
"If Royal Dutch Shell can't correctly predict the direction of the price of oil, and Exxon can't do it, how am I going to do it?" Sorenson said. more »
Saturday, April 1
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 09:01 AM BST
Spanish-Argentine Repsol YPF, Royal Dutch Shell PLC and China National Petroleum were among the 17 Venezuelan and foreign oil companies that agreed to the new legal framework. more »
Friday, March 31
by
Royal Dutch Shell Plc .com
on Fri 31 Mar 2006 09:06 AM BST
Shell announced last year it had concluded a deal to explore and develop areas in Libya's Sirte Basin and expected to start drilling in 2007. Shell was active in Libya from the 1950s until 1974, and it conducted explorations there in the late 1980s. more »
by
Royal Dutch Shell Plc .com
on Fri 31 Mar 2006 08:46 AM BST
Nigerian oil output also remains a concern. Royal Dutch Shell PLC, the largest foreign oil company operating in the country, has shut in nearly half of its Nigerian production and says it won't resume operations until the country is safe enough for its workers. Some 550,000 barrels per day of Nigerian production has been shut in, analysts said. more »
by
Royal Dutch Shell Plc .com
on Fri 31 Mar 2006 08:35 AM BST
Among the terms faced by companies like Royal Dutch Shell PLC and France's Total SA: a minimum 60 percent stake for the state oil company Petroleos de Venezuela SA (PDVSA) in each field, PDVSA controlling the boards of the new joint ventures and a jump in income tax rates from 34 percent to 50 percent and royalties from 16.6 percent to 33.3 percent. They will also see their potential drilling acreage slashed by almost two-thirds. more »
Thursday, March 30
by
Royal Dutch Shell Plc .com
on Thu 30 Mar 2006 08:13 AM BST
The outlook on Nigerian oil output remained uncertain. Royal Dutch Shell PLC, the largest foreign oil company operating in the country, has shut in nearly half of its Nigerian production more »
Tuesday, March 28
by
Royal Dutch Shell Plc .com
on Tue 28 Mar 2006 09:11 AM BST
That said, the U.S. Energy Department predicted last week that gasoline prices may not run up much higher for the time being. Still, concern about supplies from Nigeria and Iran, and growing anxiety about the next hurricane season in the Gulf of Mexico, were expected to limit any price decline. Some analysts believe gasoline prices could climb as high as US$3 a gallon this summer, though that assumes some significant disruptions at refineries, or difficulty in getting fuel to markets. more »
Sunday, March 26
by
Royal Dutch Shell Plc .com
on Sun 26 Mar 2006 08:51 AM BST
Militants behind a spate of attacks in Nigeria's southern oil-rich delta said Saturday they killed three soldiers in fresh clashes near a key natural gas plant run by Royal Dutch Shell. more »
Thursday, March 16
by
Royal Dutch Shell Plc .com
on Thu 16 Mar 2006 07:40 AM GMT
The tax agency temporarily closed the commercial offices of Royal Dutch Shell Plc. last year for not paying its tax bill on time. Shell managed to negotiate a reduction in its retroactive tax bill after months of talks. It was fined US$130 million (A108 million) in early 2005, buy wound up paying only 10 percent of the original bill. more »
Wednesday, March 15
by
Royal Dutch Shell Plc .com
on Wed 15 Mar 2006 01:27 AM PST
A militant spokesman who initiated the telephone call reiterated their demands for the release of jailed ethnic Ijaw leaders and the payment by Royal Dutch Shell of a US$1.5 billion (A1.26 billion) compensation to Ijaw communities for oil pollution, also demanded by Nigerian lawmakers, in exchange for the hostages. more »
Thursday, March 9
by
Royal Dutch Shell Plc .com
on Thu 09 Mar 2006 08:31 AM GMT
The militants said in an e-mailed statement that one of their vessels was attacked Wednesday on the Escravos River by four Nigerian navy patrol boats, sparking a 45-minute gunbattle they claimed left seven government soldiers dead. more »
Monday, March 6
by
Royal Dutch Shell Plc .com
on Mon 06 Mar 2006 08:30 AM GMT
Jossiel Conceicao dos Santos was found guilty of killing Shell oil executive Todd Staheli, 39, and his wife Michelle, 36, in a ruling late Friday night, said Luis Carlos Puglialli, a spokesman with Rio's justice department. more »
Thursday, March 2
by
Royal Dutch Shell Plc .com
on Thu 02 Mar 2006 03:14 AM EST
Militants have released six foreign oil workers they deemed "low value," but held on to two Americans and one Briton and threatened crippling new attacks aimed at cutting off all oil production in Nigeria. more »
Friday, February 24
by
Royal Dutch Shell Plc .com
on Fri 24 Feb 2006 02:49 AM EST
Crude oil futures gained Friday as persistent concerns over supply disruptions in Nigeria and Iran's nuclear program overshadowed U.S. government data showing gains in domestic crude supplies. more »
by
Royal Dutch Shell Plc .com
on Fri 24 Feb 2006 02:40 AM EST
In the latest unrest over the past week, militants have blown up pipelines and sabotaged a Shell oil loading platform, forcing the company to shut off the flow of several hundred thousand barrels of oil. more » Thursday, February 23
by
Royal Dutch Shell Plc .com
on Thu 23 Feb 2006 02:25 AM EST
Oil prices spiked earlier this week on news that militants in Nigeria attacked a Royal Dutch Shell PLC-operated pipeline switching station on Monday and a boat they claimed housed Nigerian military personnel. That, and an earlier attack, has forced Shell to halt the flow of about 455,000 barrels a day. more »
Wednesday, February 22
by
Royal Dutch Shell Plc .com
on Wed 22 Feb 2006 03:21 AM EST
Militants attacked a Royal Dutch Shell Plc-operated pipeline switching station on Monday and a boat they claimed housed Nigerian military personnel, vowing to spread their campaign across the south _ the area from which most of the country's crude is pumped. That, and an earlier attack, has forced Shell to halt the flow of about 455,000 barrels a day _ about one-fifth of the country's daily output, or less than 1 percent of total global demand. more »
Monday, February 20
by
Royal Dutch Shell Plc .com
on Mon 20 Feb 2006 03:16 AM EST
Militants who kidnapped nine foreign oil workers and forced a 20 percent cut in Nigerian crude exports have vowed to escalate the violence, threatening for the first time to fire rockets at international oil tankers. The military said tankers in Nigerian waters were safe. more » | |||