News and Views

Tue, 2010-06-29 15:03

you have,” he said, obviously referring to the refining operations of Petron Corporation in Limay, Bataan and Pilipinas Shell Petroleum Corporation’s facility in Tabangao, Batangas. The way ahead, he indicated, may even pave the way for mergers of

Tue, 2010-06-29 14:46

scenario. Sheila Williams, a spokeswoman for BP, declined to comment, as did Kim Blomley, a London-based spokesman for Shell

Tue, 2010-06-29 13:52

Iraq has approved a multibillion-dollar joint venture deal with Royal Dutch Shell PLC to tap associated natural gas in the south of the country. According to the deal, designed to exploit the gas in three oil fields close to the southern city

Tue, 2010-06-29 13:20

were it to do so. He said Exxon had a larger rating advantage and stronger balance sheet than Shell but did not rule out a counterbid by the Anglo-Dutch oil major which might be encouraged by European politicians. Lucas added: Exxon Mobil is an

Tue, 2010-06-29 13:16

third system to capture much more oil, said Kent Wells, BP executive vice president. As a precautionary measure, Shell Oil Co, Exxon Mobil Corp, Anadarko Petroleum Corp and Apache Corp evacuated nonessential workers from platforms near Alex's path. Shell

Tue, 2010-06-29 13:11

DOW JONES NEWSWIRES By Hassan Hafidh Of Dow ...

Tue, 2010-06-29 12:59

fields close to the southern city of Basra, Iraq will hold 51 percent of the venture's shares, Shell 44 percent and Japan's Mitsubishi Corp. 5 percent. A government statement on Tuesday confirmed the deal but did not give the date for its final signing.

Tue, 2010-06-29 10:43

Iraq's cabinet today approved a deal with Shell and Japan's Mitsubishi to capture gas being flared at southern oilfields, government spokesman Ali al-Dabbagh said. The partners in the deal planned to invest $12 billion in the project

Tue, 2010-06-29 10:31

BAGHDAD, June 29 (Reuters) - Iraq's cabinet on Tuesday approved a deal with Royal Dutch Shell and Japan's Mitsubishi to capture gas being flared at southern oilfields, government spokesman Ali al-Dabbagh said. Dabbagh said the partners in the deal

Tue, 2010-06-29 08:37

$2.16 billion in cash and that it struck $4 billion worth of new contracts with Royal Dutch Shell. Noble is also giving Shell the right to suspend any contracts the two have for rigs operating in the Gulf of Mexico because of the U.S. moratorium on

Tue, 2010-06-29 06:23

been developing a powerful new drilling vessel for operations in deep water and the Arctic in conjunction with Shell. The deal comes against the background of the Shell has been closely involved with Frontier in designing the 'Bully' rig, a new drillship

Tue, 2010-06-29 05:41

For the first time, oil giant Shell yesterday admitted that oil companies are not doing enough to deal with oil spills in their areas of operation. The company also said it was not ignorant of its obligation

Tue, 2010-06-29 01:44

Shell is continuing evacuations from its Western operations, bringing approximately another 200 personnel to shore. To date, the number of personnel that have been evacuated is approximately 700. Approximately 836 personnel

Tue, 2010-06-29 01:33

held FDR Holdings for $2.16 billion. It also struck $4 billion in new contracts with Royal Dutch Shell and is giving Shell the right to suspend any contracts for rigs operating in the Gulf of Mexico. Shell will pay reduced fees for leasing Noble's rigs

Tue, 2010-06-29 00:56

of Mexico remains effectively closed to new operations. The deal, plus new Noble drilling contracts with Royal Dutch Shell that run for 23 years, indicate the industry is preparing to increase offshore exploration despite the worst-ever oil spill in US

Mon, 2010-06-28 23:26

TORONTO June 28 (Reuters) - Shell (RDSa. L) said the port authority of Tampico, Mexico, has issued an alert about tropical storm Alex, according to a notice posted on their website on Monday. 'The LNG terminal

Mon, 2010-06-28 23:17

New Delhi, June 28: Shell India, the domestic arm of Royal Dutch Shell Plc, plans to have 200 fuel outlets by the end of this fiscal, with the government allowing free market pricing in petrol

Mon, 2010-06-28 22:24

Source: Noble Corp. Noble Corp. (NYSE:NE) signed deepwater drilling rig agreements with Shell that are subject to the closing of the Frontier transaction. The agreements include a 10-year contract on the Noble Globetrotter, a 10-year contract on a second

Mon, 2010-06-28 20:52

The Atlantic hurricane season's first named storm posed an uncertain threat to the Gulf of Mexico yesterday, as a report said relief wells might halt the worst U.S. oil spill ahead of schedule.

Mon, 2010-06-28 20:48

The recent announcement that Noble will purchase privately-held FDR Holdings further cements its relationship with Shell in the process because: During the conference call, the company mentioned that the commencement of a suspension agreement between