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Saturday, September 9
Petroleum News: Chevron-led oil sands project on the move
by
Royal Dutch Shell Plc .com
on Sat 09 Sep 2006 08:32 AM BST
Shell Canada, as well as evaluating a multi-billion dollar expansion of Athabasca, is considering its option for Ells River. more »
Petroleum News: 2nd quarter Canadian M&A activity lively
by
Royal Dutch Shell Plc .com
on Sat 09 Sep 2006 08:15 AM BST
Shell Canada’s C$2.5 billion buyout of BlackRock Ventures was the only deal outside the trust sector that exceeded the billion-dollar mark. more »
Petroleum News: Alaska raids seen as second step in FBI crackdown on suspected public corruption
by
Royal Dutch Shell Plc .com
on Sat 09 Sep 2006 08:04 AM BST
EXTRACTS: More fallout from the scandal is expected in the November elections when some congressmen implicated in the scandal will ... more » Saturday, August 12
Petroleum News: Shell postpones Beaufort Sea well cellar work until 2007
by
Royal Dutch Shell Plc .com
on Sat 12 Aug 2006 08:46 AM BST
Shell is postponing the excavation of well cellars in the federal waters of Alaska’s Beaufort Sea until 2007. The company ... more »
Petroleum News: Situation normal — upheaval rules
by
Royal Dutch Shell Plc .com
on Sat 12 Aug 2006 08:41 AM BST
EXTRACT: On the heels of Shell Canada’s startling revelation that the cost of its proposed Athabasca expansion may have soared ... more »
Petroleum News: Russia using environmental challenges
by
Royal Dutch Shell Plc .com
on Sat 12 Aug 2006 08:35 AM BST
Government appears to be putting pressure on Shell and other multinationals to win concessions for state-controlled companies By Allen Baker... more » Saturday, August 5
Petroleum News: This is no Shell game: Shell Canada has shredded the reputation of parent company Royal Dutch Shell for fiscal caution…
by
Royal Dutch Shell Plc .com
on Sat 05 Aug 2006 03:21 PM BST
Comes to terms with inflation, gets serious about building oil sands future By Gary Park Shell Canada ... more »
Petroleum News: Major players ask for contract changes
by
Royal Dutch Shell Plc .com
on Sat 05 Aug 2006 03:19 PM BST
State receives substantive critiques of proposed gas line fiscal contract from oil and gas companies, Doyon, North Slope Borough By ... more »
Petroleum News: Newfoundland gamble on grand scale
by
Royal Dutch Shell Plc .com
on Sat 05 Aug 2006 03:16 PM BST
Chevron-partnership ready to spud C$140 million exploratory well in Orphan basin in mid-August; downplays chances of success By Gary Park... more » Saturday, July 22
Petroleum News: Feuding over Alberta royalties: industry, energy minister warn changes could be destructive to oil sands
by
Royal Dutch Shell Plc .com
on Sat 22 Jul 2006 11:30 AM BST
EXTRACT: Neil Carmata, a Petro-Canada vice president and the former head of Shell Canada’s oil sands division, said investors and ... more »
Petroleum News: Oil Patch Insider
by
Royal Dutch Shell Plc .com
on Sat 22 Jul 2006 11:19 AM BST
Canada’s leader spreads the energy gospel in Europe Canada, a superpower? Prime Minister Stephen Harper thinks so and that’s the ... more » Friday, July 14
Petroleum News: Explorers lose Mackenzie test case; Petro-Canada hikes Arctic offer — again
by
Royal Dutch Shell Plc .com
on Fri 14 Jul 2006 11:00 PM BST
Imperial, lead partner in the Mackenzie Gas Project, with Shell Canada, ConocoPhillips Canada and ExxonMobil Canada as its partners, flatly rejected that idea, insisting that the gathering lines in the Mackenzie Delta and a natural-gas-liquids line from Inuvik to Norman Wells should be subject to the COGO Act. more »
Saturday, July 8
From Petroleum News: Anadarko farewell fires up buyers’ market
by
Royal Dutch Shell Plc .com
on Sat 08 Jul 2006 03:33 PM BST
Others deemed to be in the running are Canadian Oil Sands Trust, Shell Canada, Nexen and ConocoPhillips, all hungry for gas production to support their oil sands ventures. more »
Petroleum News: Deep Panuke back from Deep Six
by
Royal Dutch Shell Plc .com
on Sat 08 Jul 2006 03:24 PM BST
That keeps the spotlight on Shell Canada, which analysts believe is eager to obtain more reserves to support its 31.3 percent stake in Sable. more »
Saturday, July 1
Royal Dutch Shell Plc .com: Shell talks up Arctic exploration
by
Royal Dutch Shell Plc .com
on Sat 01 Jul 2006 01:41 PM BST
From Petroleum News: Shell, Talley reported, has 103 tracts in the Beaufort Sea “north of Alaska and Canada.” more »
Royal Dutch Shell Plc .com: Oil sands projects face credit concerns
by
Royal Dutch Shell Plc .com
on Sat 01 Jul 2006 01:28 PM BST
From Petroleum News: Neil McMahon, an oil analyst at Sanford C. Bernstein, said major players such as ExxonMobil, Royal Dutch Shell, BP, and Italy’s Eni may turn to oil sands and other unconventional assets for a larger chunk of their reserves by 2020 to offset declining conventional resources. more »
Royal Dutch Shell Plc. com: Seismic survey permits issued to Shell Offshore and ConocoPhillips Alaska
by
Royal Dutch Shell Plc .com
on Sat 01 Jul 2006 01:08 PM BST
From Petroleum News: The agency said Shell, ConocoPhillips and GX have entered into conflict avoidance agreements with “the appropriate North Slope communities to avoid conflict with subsistence activities.” more »
Royal Dutch Shell Plc .com: Meet the oil CEOS
by
Royal Dutch Shell Plc .com
on Sat 01 Jul 2006 12:51 PM BST
FROM PETROLEUM NEWS: Top officials at Chevron, Shell and ConocoPhillips sat down with Tim Russert on Meet the Press June 18 to address the questions, “‘Why are gasoline prices so high, while oil company profits are soaring?’ and ‘Can we be self-sufficient in our energy needs?’” more »
Sunday, June 25
Royal Dutch Shell Plc .com: Shell targets hike in oil sands output
by
Royal Dutch Shell Plc .com
on Sun 25 Jun 2006 01:02 PM BST
: From Petroleum News: Having locked up 92.8 percent of BlackRock Ventures and completed its C$2.4 billion takeover of the company, Shell Canada has its eye on boosting production from the junior producer to 30,000-50,000 barrels per day. more »
Royal Dutch Shell Plc .com: More twists in Arctic gas contest
by
Royal Dutch Shell Plc .com
on Sun 25 Jun 2006 12:49 PM BST
From Petroleum News: However, Mackenzie lead partner Imperial Oil has insisted there is no intention to ship the Mackenzie gas to current and planned oil sands projects operated by the Delta anchor gas owners — Imperial, Shell Canada, ConocoPhillips Canada and ExxonMobil Canada. more »
Royal Dutch Shell Plc .com: Clark: Some contract renegotiation possible
by
Royal Dutch Shell Plc .com
on Sun 25 Jun 2006 12:46 PM BST
From Petroleum News: Who’s bidding? Five “significant oil companies,” like Shell, Chevron and Statoil are interested in building the GTL plant, he said, “on a normal commercial basis.” That means those companies “are willing to gamble billions of dollars today on the forecast that gas prices in the world are going to be low. … more »
Royal Dutch Shell Plc .com: Port authority lawsuit dismissed
by
Royal Dutch Shell Plc .com
on Sun 25 Jun 2006 12:37 PM BST
Petroleum News: The lawsuit claimed that Exxon and BP are restricting the nation’s supply of natural gas and eliminating competition for the exploration, development and marketing of natural gas from Alaska’s North Slope to U.S. markets. more »
Sunday, June 11
Petroleum News: BP confirms receiving subpoena in Alaska
by
Royal Dutch Shell Plc .com
on Sun 11 Jun 2006 03:19 PM BST
British oil company BP PLC confirmed June 8 it had received a subpoena from a U.S. grand jury investigating a massive oil leak in Alaska. more »
Saturday, June 3
Petroleum News: Oil sands get mining sector attention
by
Royal Dutch Shell Plc .com
on Sat 03 Jun 2006 03:02 PM BST
There had been an earlier breakthrough when employees of BHP Billiton, after being laid off as part of a North American downsizing by the Australian mining giant, formed Western Oil Sands, which now has a 20 percent share of Shell Canada’s Athabasca project. more »
Petroleum News: Global trend reaches Canada High Arctic
by
Royal Dutch Shell Plc .com
on Sat 03 Jun 2006 01:47 PM BST
A report by the Resources Ministry said development of ExxonMobil’s Sakhalin-1, Shell’s Sakhalin-2 and Total’s Kharyaga production-sharing agreements are behind schedule, over budget and lacking Russian involvement. The ministry said Russia’s Academy of Natural Science urged Russian companies in the projects should have a 51 percent presence to solve the problems. more »
Petroleum News: Barents bargaining chip?
by
Royal Dutch Shell Plc .com
on Sat 03 Jun 2006 01:06 PM BST
Russia was widely criticized earlier this year when it briefly halted gas exports to Ukraine in a price dispute that disrupted supplies to Europe. Moscow also warned Europe that Gazprom could divert supplies to Asia if it was barred from the European market. more »
Sunday, May 28
Petroleum News: Consultants speak
by
Royal Dutch Shell Plc .com
on Sun 28 May 2006 01:27 PM BST
Shell told the governor earlier this year that it would be interested in marketing the state’s gas — if Shell were to buy the state’s gas on the North Slope it wouldn’t change the project dynamics, he said, because Shell would then have to make the shipping commitment. more »
Sunday, May 21
Petroleum News: MMS director scolds industry
by
Royal Dutch Shell Plc .com
on Sun 21 May 2006 12:24 AM BST
At least some of the 19 drilling rigs that broke from their moorings during Katrina and Rita dragged rig anchors across pipelines causing severe damage, Burton told an industry crowd in early May at the Offshore Technology Conference in Houston, Texas. more »
Petroleum News: Chevron to build 55-mile oil pipeline to serve deepwater Tahiti field
by
Royal Dutch Shell Plc .com
on Sun 21 May 2006 12:15 AM BST
The 55-mile pipeline will be built by Amberjack Pipeline Co. and owned equally by Chevron Pipe Line Co. and Shell Pipe Line Co. Chevron operates Tahiti with a 58 percent working interest. Tahiti partners are EnCana with a 25 percent working interest and Shell with a 17 percent working interest. more »
Petroleum News: Sempra LNG expansion gets lots of interest
by
Royal Dutch Shell Plc .com
on Sun 21 May 2006 12:08 AM BST
Shell currently has a 55 percent stake in Sakhalin 2, though it has agreed to trade nearly half of that stake to Gazprom for a Siberian field. Mitsui and Mitsubishi of Japan are the other Sakhalin 2 partners. more »
Saturday, May 20
Petroleum News: Nigerian fuel pipeline blast kills up to 200
by
Royal Dutch Shell Plc .com
on Sat 20 May 2006 11:51 PM BST
Nigerian President Olusegun Obasanjo ordered stepped-up protection for pipelines traversing Africa’s oil giant after a gasoline blast killed up to 200 people, but Nigerians said rampant poverty will continue to drive villagers to tap the pipes and pilfer fuel. Despite the great wealth of Nigeria’s natural resources, most of the country’s 130 million people remain deeply poor. more »
Petroleum News: Kaktovik accuses Shell of insincerity
by
Royal Dutch Shell Plc .com
on Sat 20 May 2006 01:46 AM BST
The village of Kaktovik has issued a stinging rebuke to Shell Oil, which is planning to conduct seismic work in nearby whaling waters this fall. In a strongly worded resolution, passed unanimously by Kaktovik’s city council, villagers described Shell Oil as a “hostile” force in the community. Kaktovik is located on the shores of the Beaufort Sea within the borders of the Arctic National Wildlife Refuge. more »
Saturday, May 13
Petroleum News: State forecasts two more years of growth
by
Royal Dutch Shell Plc .com
on Sat 13 May 2006 11:09 PM BST
BP Exploration (Alaska) has said it plans to hire up to 200 new workers in 2006, Shell Oil has returned to Alaska and has said it plans to begin drilling in 2007 and there is strong interest from a number of smaller producers, he said. more »
Petroleum News: Technology keeps hope alive in Western Canada Sedimentary Basin
by
Royal Dutch Shell Plc .com
on Sat 13 May 2006 11:02 PM BST
What fuels optimism, however, is the 2004 Tay River discovery in Alberta by Shell Canada. more »
Petroleum News: Beaufort beckons; majors bid C$52 million
by
Royal Dutch Shell Plc .com
on Sat 13 May 2006 10:50 PM BST
Shell said its acquisition is part of a strategy to bulk up Arctic land holdings and is separate from its wholly owned Niglintgak discovery, one of three anchor fields underpinning the Mackenzie project. Niglintgak holds an estimated 1 trillion cubic feet of the 5.8 tcf of proven gas reserves of those three finds. more »
Petroleum News: Shell Canada leader touts emissions trading
by
Royal Dutch Shell Plc .com
on Sat 13 May 2006 10:36 PM BST
Shell Canada Chief Executive Officer Clive Mather is pressing for industry and government to join forces and accept the climate change treaty. more »
Petroleum News: Shell builds castles in the sands
by
Royal Dutch Shell Plc .com
on Sat 13 May 2006 12:29 AM BST
It is rated as easily the highest per-barrel acquisition in the past year that has seen Petro-Canada, France’s Total, China’s CNOOC and Sinpoec, and Chevron Canada join Shell in a frantic scramble to seize assets at a time when the industry is being spooked by moves from countries such as Venezuela and Bolivia to nationalize their petroleum industries. more »
Tuesday, May 9
Petroleum News: Soaring energy prices fuel takeovers
by
Royal Dutch Shell Plc .com
on Tue 09 May 2006 04:59 PM BST
While it is anyone’s guess as to which energy-rich developing nation will be next to assert greater state control over its oil or natural gas assets, analysts say it is only a matter of time before the actions of Russia’s Vladimir Putin, Venezuela’s Hugo Chavez and Bolivia’s Evo Morales inspire a copycat. Many companies, including Chevron Corp., Royal Dutch Shell and BP, agreed to convert some of their Venezuelan oil-field contracts into state-controlled joint ventures, betting that the ventures would still be profitable even with a larger share of revenue going to the state. more »
Petroleum News: Mackenzie in crunch
by
Royal Dutch Shell Plc .com
on Tue 09 May 2006 04:35 PM BST
He was reluctant to discuss hypothetical options, but said the Mackenzie co-venturers — Imperial, ConocoPhillips Canada, Shell Canada and ExxonMobil Canada — would “do everything we can to make the project go, but we won’t do an uneconomic project.” more »
Petroleum News: Has oil production peaked?
by
Royal Dutch Shell Plc .com
on Tue 09 May 2006 04:26 PM BST
It’s well known that U.S. oil production has been declining for many years. And, in Alaska, oil production is well past its peak. But has worldwide oil production peaked? And what impact might worldwide oil production capacity have on already soaring oil prices? more »
Petroleum News: Beating the budget blues in Canada
by
Royal Dutch Shell Plc .com
on Tue 09 May 2006 12:49 AM BST
Now Shell Canada has signaled its concerns by reviewing the economics of plans for building stage two of its Athabasca project, which have climbed from the C$7.3 billion forecast nine months ago, although the company is not yet talking about shelving the plans. more »
Sunday, April 30
Petroleum News: Shell: Mars repairs ahead of schedule
by
Royal Dutch Shell Plc .com
on Sun 30 Apr 2006 11:48 AM BST
Shell Exploration & Production Co., a unit of Britain’s Royal Dutch Shell PLC, said April 20 repairs to its Mars platform will be finished in April, with partial production restored in late May. Hurricane season starts June 1. more »
Petroleum News: Agrium to decide on coal project in July
by
Royal Dutch Shell Plc .com
on Sun 30 Apr 2006 11:37 AM BST
Those companies formed an alliance in 2004 to work on coal gasification using Shell’s coal gasification technology. Heat material balances will be done by Shell. more »
Petroleum News: BP sells Gulf of Mexico shelf properties
by
Royal Dutch Shell Plc .com
on Sun 30 Apr 2006 11:25 AM BST
E&P independent Apache, a master at squeezing new production from old fields, announced April 19 that it agreed to purchase BP’s remaining shelf properties for $1.3 billion. In 2003, Apache acquired mature BP properties in the Gulf and North Sea for the same $1.3 billion price, as well as $200 million worth of aging self assets from Shell. more »
Petroleum News: Alberta aboriginals and Shell team up
by
Royal Dutch Shell Plc .com
on Sun 30 Apr 2006 11:15 AM BST
From a whirlwind of events in the Alberta oil sands there was a ground-breaking deal between Shell Canada and a northern Alberta aboriginal community to jointly develop leases. more »
Petroleum News: All for one, one for all
by
Royal Dutch Shell Plc .com
on Sun 30 Apr 2006 10:50 AM BST
What the group wants is clarity on the regulatory framework to speed up future development of gas discoveries outside the three Mackenzie Delta anchor fields owned by Imperial, Shell Canada, ConocoPhillips Canada and ExxonMobil Canada, he said. more »
Petroleum News: Setting the stage for Arctic offshore oil, gas exploration
by
Royal Dutch Shell Plc .com
on Sun 30 Apr 2006 10:34 AM BST
Shell described some additional wildlife monitoring that it plans. The company will monitor marine mammal movements by the use of daily aerial surveys in the Beaufort Sea and by vessel-based surveys in the Chukchi Sea, Shell biology advisor Michael Macrander explained. Shell also plans acoustic monitoring of animal sounds in the Beaufort Sea, he said. more »
Saturday, April 22
Petroleum News: Husky adds to oil sands holdings
by
Royal Dutch Shell Plc .com
on Sat 22 Apr 2006 09:48 PM BST
The leases have an average of about 820 feet of overburden covering the Grosmont carbonate formation, where Shell Exploration & Production in the Americas startled observers this year when it paid C$465 million for Grosmont parcels. more »
Petroleum News: Contenders picked for shale development
by
Royal Dutch Shell Plc .com
on Sat 22 Apr 2006 09:38 PM BST
In western Colorado, Shell is seeking approval to work three separate parcels of federal land, subject to environmental reviews. Shell is perfecting a method of baking shale oil from the ground using heating rods drilled into layers of rock, an alternative to mining. more »
Petroleum News: Sand beats land in Canadian sales
by
Royal Dutch Shell Plc .com
on Sat 22 Apr 2006 09:21 PM BST
The deciding factor was the C$467.7 million spent by Sure Northern Energy, a subsidiary of Shell Exploration & Production of the Americas, on 10 parcels in a new bitumen play. more »
Petroleum News: Venezuela takes back 10,700 sq. mi.
by
Royal Dutch Shell Plc .com
on Sat 22 Apr 2006 08:31 PM BST
Oil companies such as Chevron, Brazil’s Petrobras, and Shell lost oil acreage to PDVSA during the contract negotiations. more »
Petroleum News: Shell will offer to market State of Alaska’s natural gas
by
Royal Dutch Shell Plc .com
on Sat 22 Apr 2006 12:32 AM BST
Alaska Gov. Frank Murkowski met in The Hague April 11 with Malcolm Brinded, Royal Dutch Shell executive director, exploration and production. The governor’s office said Shell expressed interest in marketing Alaska’s share of natural gas from the proposed Alaska natural gas pipeline and indicated it would soon submit an independent proposal to the state to market its gas. Shell is one of the largest transporters and marketers of natural gas in the world, the governor’s office said. more »
Saturday, April 15
Petroleum News: Undiscovered riches in Beaufort, Chukchi
by
Royal Dutch Shell Plc .com
on Sat 15 Apr 2006 02:46 PM BST
With Shell planning to restart drilling in the Beaufort Sea and seismic surveys planned for both the Beaufort Sea and the Chukchi Sea, this may be a good time to review the petroleum resource potential of the outer continental shelf of northern Alaska. more »
Petroleum News: Governor blesses Bristol Bay sale
by
Royal Dutch Shell Plc .com
on Sat 15 Apr 2006 02:37 PM BST
Federal geologists believe the North Aleutian Basin could be rich in hydrocarbons, particularly natural gas — up to 23 trillion cubic feet. One company, Dutch oil giant Shell, has expressed strong interest in drilling in the bay. more »
Saturday, April 8
Petroleum News: Oil heads back toward $70 a barrel: Consequences for global economy could be grave, resulting in ‘substantial falloff in discretionary spending,’ serious slowdown
by
Royal Dutch Shell Plc .com
on Sat 08 Apr 2006 03:03 PM BST
Oil prices appear headed back toward $70 a barrel, a level not seen since Hurricane Katrina battered the Gulf Coast, and sporadic shortages have raised gasoline prices in the United States. more »
Petroleum News: Venezuela downplays recent seizures of oil fields from France’s Total, Italy’s Eni
by
Royal Dutch Shell Plc .com
on Sat 08 Apr 2006 02:52 PM BST
Venezuela’s foreign minister said his country’s seizure of oil fields from France’s Total SA and Italy’s Eni SPA won’t hurt relations with other international investors. more »
Petroleum News: Chevron wins in Barents
by
Royal Dutch Shell Plc .com
on Sat 08 Apr 2006 02:31 PM BST
In total, Norway issued 13 new licenses to 17 companies covering 33 whole or partial blocks located mainly in the Barents Sea. In addition to Stateoil, Chevron and RWE Dea, licenses were offered to major Norwegian operators Norsk Hydro and ConocoPhillips, Norske Shell, ENI Norway and DNO, but also to Amerada Hess, BG Group, Talisman and Total, as well as Idemitsu, Gaz de France, Revus Energy, Discover Petroleum and Noreco. more »
Saturday, April 1
Petroleum News: Drillers face unprecedented rig backlog
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 02:31 PM BST
More specifically, Chevron accounted for 16 percent of Transocean’s contracted backlog in 2005, BP 15 percent, Shell 11 percent, ONGC 8 percent, Reliance 8 percent, Petrobras 7 percent and Anadarko Petroleum 7 percent. The remaining 28 percent is held by “other” companies. Of total 2005 revenues, 43 percent came from rigs deployed in Europe/Africa, 34 percent in North and South America and 23 percent in Asia/Pacific. more »
Petroluem News: Nigerian militants release last hostages
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 02:24 PM BST
The group also told the AP that the government had met none of its demands for the release of the hostages, which include the release two arrested leaders of the Ijaw tribe and payment by Royal Dutch Shell of US$1.5 billion to compensate Ijaw communities for oil pollution — a demand that has also come from Nigerian lawmakers. “Our ultimate aim is the control of the resources of the Niger Delta by its people,” said the message to the AP. more »
Petroleum News: Husky Energy takes upgrader plunge
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 02:17 PM BST
In addition, Shell Canada is raising capacity at its Edmonton refinery, while France’s Total has given strong indications it may join the line-up. more »
Petroleum News: Shell pushes oil sands horizons
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 01:55 PM BST
Royal Dutch Shell is aligning itself with the finest traditions of the oil sands — blazing a new trail in an effort to unlock hundreds of millions of barrels that have so far defied technology. more »
Petroleum News: Newfoundland at a crossroads
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 01:46 PM BST
Those parcels were taken by the same ownership — Chevron Canada Resources, ExxonMobil Canada and Imperial Oil, although Shell Canada has since entered the partnership with a 20 percent stake, leaving Chevron with 50 percent and ExxonMobil and Imperial with 15 percent each. more »
Petroleum News: E&P independents a growing force: Independents displace ‘Big Oil’ ...
by
Royal Dutch Shell Plc .com
on Sat 01 Apr 2006 01:38 PM BST
Both in exploration and production, companies like Devon Energy, Kerr-McGee and Anadarko, among the largest E&P independents in the United States, are forces to be reckoned with in the Gulf’s deep and ultra-deep waters, initially the exclusive playgrounds of deep-pocket majors like ExxonMobil, Shell, Chevron, ConocoPhillips and BP. more »
Friday, March 24
Petroleum News: Shell breaking ground in sands
by
Royal Dutch Shell Plc .com
on Fri 24 Mar 2006 10:19 PM GMT
The move by a new Shell subsidiary into the oil sands caught some off guard, given the track record of Shell Canada and its ambitious plans to expand the Athabasca project from 155,000 barrels per day to more than 500,000 bpd. However, Royal Dutch Shell said it is maintaining its full support for the Canadian subsidiary’s ongoing business. more »
Saturday, March 18
Petroleum News: Shell CEO: B.C. offshore can be developed
by
Royal Dutch Shell Plc .com
on Sat 18 Mar 2006 06:58 PM GMT
Shell Canada Chief Executive Officer Clive Mather gave one of the industry’s most upbeat assessments in recent years of the prospects for offshore oil and gas development in British Columbia. more »
Saturday, March 11
Petroleum News: Lease sales attract broad interest
by
Royal Dutch Shell Plc .com
on Sat 11 Mar 2006 06:26 PM GMT
Sun-West Oil and Gas Inc. bid on a single tract next to the shore on the east side of the Arctic National Wildlife Refuge. The tract is in the area where the State of Alaska has proposed a stratigraphic test well and is adjacent to the Angun Point oil seep, Decker said. In the March 30 Mineral Management Beaufort Sea lease sale Shell took some leases several miles farther out on the Beaufort Sea continental shelf from the Sun-West lease. more »
Petroleum News: Chevron goes big time in oil sands
by
Royal Dutch Shell Plc .com
on Sat 11 Mar 2006 06:15 PM GMT
If the Ellis River project goes ahead, possibly on the scale of 100,000 barrels per day, it could involve Athabasca’s three existing partners — Shell Canada 60 percent, Chevron Canada and Western Oil Sands (20 percent each). They hold options on any new development, with Chevron Canada as 60 percent operator and the other two spitting the balance, but Shell Canada said it has yet to decide whether to join a new operation. more »
Petroleum News: Going for the glory: Shell excavating ‘well cellars’ in Beaufort in August; four ice vessels coming
by
Royal Dutch Shell Plc .com
on Sat 11 Mar 2006 06:01 PM GMT
Hutmacher said he was “very pleased” with Shell’s apparent commitment to environmental, cultural and safety concerns. “They seem absolutely … committed to safety, to using the best available technology, the best management practices, and they’re very committed to understanding and dealing with stakeholder concerns,” he said. more »
Saturday, March 4
Petroleum News: Western Canada: And look what we have here….
by
Royal Dutch Shell Plc .com
on Sat 04 Mar 2006 08:19 AM EST
• The Shell-Canada-operated Athabasca project is adjusting to the heaviest blow of its commercial existence, which started in mid-2003, scaling back production to one-third of normal levels of 155,000 barrels per day as it prepares for a complete shutdown that could last two weeks at the end of March. more »
Petroleum News: Researchers unraveling the secrets of the Arctic Ocean
by
Royal Dutch Shell Plc .com
on Sat 04 Mar 2006 08:12 AM EST
Alan Bailey
The big problem with researching what’s under the Arctic Ocean is that much of the ocean is covered ... more »
Petroleum News: Alaska could play pivotal gas role
by
Royal Dutch Shell Plc .com
on Sat 04 Mar 2006 08:00 AM EST
With U.S. natural gas consumption growing beyond current rates of domestic supply, Alaska seems poised to become a key natural gas larder for the United States. more »
Petroleum News: Shell on fast forward: Purchases Arctic drilling platform...
by
Royal Dutch Shell Plc .com
on Sat 04 Mar 2006 05:48 AM EST
Rick Fox, Shell’s new asset manager for Alaska, wasn’t kidding when he told Pac Com attendees in late February that Shell was “ambitious about Alaska.” more »
Petroleum News: Shell on fast forward: Purchases Arctic drilling platform...
by
Royal Dutch Shell Plc .com
on Sat 04 Mar 2006 05:48 AM EST
Rick Fox, Shell’s new asset manager for Alaska, wasn’t kidding when he told Pac Com attendees in late February that Shell was “ambitious about Alaska.” more »
Saturday, February 18
Petroleum News: Chevron names new E&P president
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:50 PM EST
Chevron Corp. said Feb. 13 that Raymond Wilcox, president of Chevron North America Exploration and Production Co., will retire effective ... more »
Petroleum News: Canadians using bugs to gin up ethanol
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:46 PM EST
Iogen opened a small, $40 million factory in 2004 to show it can produce cellulosic ethanol in commercial quantities. In the last two years, it has produced 65,000 gallons of ethanol that is blended with 85 percent gasoline to fuel about three dozen company and Canadian government vehicles. Oil giant Royal Dutch Shell PLC has invested $40 million for a 30 percent ownership stake in Iogen; Petro-Canada and the Canadian government are also investors. more »
Petroleum News: Canada’s Big Five awash with profits
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:42 PM EST
Backed by such riches, Imperial Oil, Shell Canada, Husky Energy (all controlled by non-Canadian investors), along with Petro-Canada and Suncor Energy (both controlled by Canadians), are expected to make life tough for smaller E&P companies in the competition for drilling rigs and service equipment. more »
Petroleum News: Busy times for seismic crews in Alaska’s Arctic
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:34 PM EST
Interest in shooting seismic offshore Alaska is heating up. ConocoPhillips has announced plans to conduct seismic surveys in the Chukchi Sea and Petroleum News has already reported that Shell will shoot 3D seismic in the Beaufort Sea in the summer of 2006, using WesternGeco’s MV Gilavar. more »
Petroleum News: How vulnerable is pipeline to attack?
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:29 PM EST
The trans-Alaska pipeline looks like it would be an easy target for terrorists intent on destroying a valuable American asset, but those responsible for its safekeeping say looks can be deceiving. more »
Petroleum News: LNG dependence risks similar to oil
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:26 PM EST
Indeed, companies such as Exxon Mobil Corp., Royal Dutch Shell Plc and BG Group — the largest importer of LNG into the U.S. — are making multibillion-dollar investments up and down the LNG supply chain, creating what one BG executive referred to last fall as a “global virtual pipeline.” more »
Petroleum News: These sands are hot to handle
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:20 PM EST
The top oil sands evaluation projects involve the Nexen/OPTI Canada partnership, North American Oil Sands, Shell Canada, Synenco Energy, EnCana, Value Creation, Canadian Natural Resources and Deer Creek Energy, which was acquired by France’s Total for C$1.67 billion last year. more »
Petroleum News: Mac line hits more bumps
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:12 PM EST
Environmentalists and federal scientists are also poised to enter the debate, unhappy that Imperial and its partners — Shell Canada, ConocoPhillips Canada and ExxonMobil Canada — have failed to calculate the effects of climate change on the project. Some are expected to argue that the loss of permafrost and rising ocean levels could put the Mackenzie Delta gas fields and pipeline at risk. more »
Petroleum News: Show me, says Itta
by
Royal Dutch Shell Plc .com
on Sat 18 Feb 2006 02:07 PM EST
In a recent interview with Petroleum News Itta said he is “pleased” Shell has hired his predecessor, former borough Mayor George Ahmaogak Sr., as its Alaska community affairs manager. more »
Friday, February 10
Petroleum News: Chavez threatens to sell U.S. refineries
by
Royal Dutch Shell Plc .com
on Fri 10 Feb 2006 06:29 PM EST
Venezuelan President Hugo Chavez has stepped up threats to sell off his nation’s oil refineries in the United States, but some oil experts argue a quick break with the key U.S. market would hurt Venezuela. more »
Petroleum News: Weather clouds some Canadian regions
by
Royal Dutch Shell Plc .com
on Fri 10 Feb 2006 06:25 PM EST
Capital budgets for 76 companies stand at C$42 billion... Heading the list are Canadian Natural C$6.8 billion, EnCana C$6.75 billion, Talisman Energy C$4.4 billion, Suncor Energy C$3.5 billion, Petro-Canada C$3.4 billion, Nexen C$2.89 billion, Husky Energy C$2.85 billion and Shell Canada C$2.7 billion — all except Talisman and Husky heavily committed to the oil sands. more »
Petroleum News: Mackenzie: One week down, one year to go
by
Royal Dutch Shell Plc .com
on Fri 10 Feb 2006 06:14 PM EST
Critics have argued that the bulk of production, whether it’s 1.2 billion or 1.8 billion cubic feet per day, will be shipped directly to the oil sands to support operations by the anchor field owners, Imperial, ConocoPhillips, Shell Canada and ExxonMobil Canada. more » Saturday, February 4
Petroleum News: Nova Scotia waters hold ‘win-win’ gas find
by
Royal Dutch Shell Plc .com
on Sat 04 Feb 2006 06:50 PM EST
Shell Canada and EnCana might be sitting on the brink of a deal — but not the blockbuster Shell takeover of Canada’s largest independent oil and gas producer that was circulating late in 2005. This one could cost Shell US$1.5 billion, give it 950 billion cubic feet of new natural gas reserves and bail it out of a tightening corner off Canada’s East Coast. more »
Petroleum News: OPEC holds output, prices fall below $68
by
Royal Dutch Shell Plc .com
on Sat 04 Feb 2006 06:44 PM EST
Crude oil prices fell below $68 a barrel Jan. 31 after OPEC ministers said the group had decided to hold ... more »
Petroleum News: Oil Patch Insider
by
Royal Dutch Shell Plc .com
on Sat 04 Feb 2006 06:39 PM EST
• Shell officials (looks like new appointee to Alaska office Cam Toohey and possibly new asset manager for Alaska Rick Fox) will be on hand to discuss their company’s re-entry into Alaska and the U.S. Minerals Management Service’s 5-year plan for the federal offshore. more »
Petroleum News: Imperial hedging bets
by
Royal Dutch Shell Plc .com
on Sat 04 Feb 2006 06:36 PM EST
One of the stickiest matters is already gaining prominence as gas producers outside the anchor field owners — Imperial, Shell Canada, ConocoPhillips Canada and ExxonMobil Canada — are intensifying their case for access to the Mackenzie Valley pipeline. more »
Saturday, January 28
Petroleum News: Web posting calls for attacks on pipeline
by
Royal Dutch Shell Plc .com
on Sat 28 Jan 2006 01:03 AM EST
A Web site claiming to be affiliated with al-Qaida has called for attacks against the trans-Alaska oil pipeline. more »
Petroleum News: Chavez: Venezuela will get $1.5 billion more
by
Royal Dutch Shell Plc .com
on Sat 28 Jan 2006 12:52 AM EST
Chavez’s government has declared as illegal contracts under which foreign oil companies like Royal Dutch Shell PLC, Chevron Corp., BP PLC, and Brazil’s Petrobras S.A. independently pumped oil at the Venezuelan fields. more »
Petroleum News: Oil could top $100 if U.N. sanctions Iran
by
Royal Dutch Shell Plc .com
on Sat 28 Jan 2006 12:49 AM EST
A surge in oil prices in mid-January to almost $70 a barrel on concerns about the restart of Iran’s nuclear program only hints at what may lie ahead. more »
Petroleum News: Agip offices in Nigeria robbed; nine are killed
by
Royal Dutch Shell Plc .com
on Sat 28 Jan 2006 12:44 AM EST
Despite the massive amounts of crude pumped from southern Nigeria, much of the region remains in abject poverty more »
Friday, January 27
Petroleum News: Shell declares hand
by
Royal Dutch Shell Plc .com
on Fri 27 Jan 2006 05:55 PM EST
The world needs energy and it’s no secret that Shell is in the energy business … and we believe responsible development of Alaska’s resources is in everyone’s best interests. more »
Sunday, January 22
Petroleum News: Crude prices climb to 3-month high of $66
by
Royal Dutch Shell Plc .com
on Sat 21 Jan 2006 09:14 PM EST
Possible sanctions against Iran drive oil prices up; violence in Nigeria, IEA forecast of reduced OPEC production also factors more »
Petroleum News: U.S. turns attention to shale, tar sands
by
Royal Dutch Shell Plc .com
on Sat 21 Jan 2006 09:06 PM EST
Nominations have so far been received for 10 parcels in Colorado, eight in Utah and one in Wyoming, with bidders including Chevron, ExxonMobil, Anadarko and Royal Dutch Shell. Contracts are expected to be awarded this spring. more »
Petroleum News: Shell names three top Alaska officials
by
Royal Dutch Shell Plc .com
on Sat 21 Jan 2006 08:56 PM EST
Shell Exploration & Production Co. named three top officials for its Alaska operation Jan. 19.
Rick Fox is Alaska asset ... more » |
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