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Topic: Shell Oil

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In the News (Thu 18 Apr 19)

  Royal Dutch Shell - Wikipedia, the free encyclopedia
Shell's revenues of $268 billion (2004) made it the fourth largest corporation in the world in 2004 and its profits of $18.18 billion made it the world's second most profitable business in terms of gross profits (calculations based on those numbers demonstrate a gross profit margin of 6.8%).
Shell has operations in 140 countries in the world, the biggest of which is in the United States where its operating company is Shell Oil Company, which has its head office in Houston, Texas.
Shell was also challenged by Greenpeace for plans for subsea disposal of the Brent Spar, an old oil transport and hub station located in the North Sea, into the North Atlantic.
en.wikipedia.org /wiki/Shell_Oil   (2413 words)

 Shell Oil in the McSpotlight
Shell Oil have been involved in anti-trade union activities and have played a leading role in moves by the Oil Industry to de-recognition of trade unions in the UK.
Shell was granted permission by the British government to dump Brent Spar in a deep water trench in the North Sea.
Shell have also recently begun operations in Peru, where despite their attempts to minimise the impact to both the environment and the local people there are already claims that damage is being done.
www.mcspotlight.org /beyond/companies/shell.html   (676 words)

 Alexander's Gas & Oil Connections - Shell Oil to acquire Texaco's interests in Equilon Enterprises
Shell Oil Company Chairman, President and CEO Steven L. Miller said, "The acquisition of the Texaco interests is of strategic importance to Shell in the US and we are pleased about the benefits it will bring.
Shell Oil, including its consolidated companies and its share in equity companies, is one of America's leading oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers.
Shell Oil is the leading oil and gas producer in the deepwater Gulf of Mexico and is a recognized pioneer in oil and gas exploration and production technology.
www.gasandoil.com /goc/company/cnn14524.htm   (788 words)

 Boston.com / Business / Nigeria: Shell oil reserve estimate exact   (Site not responding. Last check: 2007-10-21)
Shell reduced its estimate of proved reserves in Nigeria by 1.3 billion barrels in January, as part of a larger reclassification of 3.9 billion barrels in its reserves.
The Times suggested that some Shell executives were reluctant to reduce their estimates of reserves in Nigeria because that might hinder the government's effort to obtain an increase in its OPEC quota.
Shell has confirmed to the government that its January downgrading of proved reserves in Nigeria would have "no impact on the reporting by Shell of its part of Nigeria's reserves in line with the national standard," Buerk said.
www.boston.com /business/articles/2004/03/19/nigeria_shell_oil_reserve_estimate_exact?mode=PF   (595 words)

 McSpotlight on the Oil Industry
Shell's oil exploration and production activities on Ogoni land in Nigeria has brought to the public's attention the impact these operations have not only on the environment but also on tribal peoples' land rights.
Shell Oil did nothing to stop the killing because they wished the protests to end so that they could return to Ogoni to continue to exploit the oil reserves, the environment and the local people.
Shell Oil asked the British government for permission to dump Brent Spar in a deep water trench and the British government gave them permission to do so (Oil companies operating in the Gulf of Mexico have been required to take their platforms apart and dispose of them on shore).
www.mcspotlight.org /beyond/oil.html   (1665 words)

 Shell Info | Project Underground   (Site not responding. Last check: 2007-10-21)
Their only crime was their success in exposing the Shell Petroleum Company's role in destroying their land, their society, and their people.
Seeking to portray critics as pessimistic and paranoid, one ad read: "The world in which companies use their influence to prop up or bring down governments would be a frightening and bleak one indeed".
For the people of Colombia who have watched BP hire whole battalions of their military, or the people of the Congo Republic who watched last month as their President was ousted because he dared to challenge Elf Aquitane's monopoly on his country's oil, ours is, indeed, a frightening and bleak world.
www.moles.org /ProjectUnderground/motherlode/shell/shellgame.html   (619 words)

 Shell Cuts Oil Reserves Again | EnergyBulletin.net | Energy and Peak Oil News
Shell has been struggling to rebuild investor confidence after a reserves over-booking scandal last year that led to the sacking of top management and raised serious concerns about the company's ability to replace the oil it pumps with new finds.
Shell, the world's third-largest oil group by market capitalization, got off to a bad start in 2004, hitting a replacement level of between 45 and 55 percent.
Shell's oil and gas production was in the top end of its previously stated range, at 3.8 million barrels of oil equivalent (boe) per day.
www.energybulletin.net /4220.html   (802 words)

 Shell's Oil Spills in Amusia, Rivers State, In Nigeria's Niger Delta
In January 1999,a major blow-out at Shell's "railway manifold" occurred as the valve of the ill-maintained facility could not withstand the high pressure of oil and gas.
Though Shell officials accepted the fact that the spill was caused by equipment failure, the company failed to clean the spill site and refused to compensate victims as the spillage, according to them, "is a minor one".
Shell should pay compensation to the community for the damage suffered by the locals as a result of oil spills.
www.waado.org /Environment/OilSpills/NigerDelta/Amusia_Rivers.html   (774 words)

 TP: Shell's new image under fire
Shell, acting in partnership with Esso and Elf, is on the verge of opening new oilfields in Chad.
The oil project will cause a 'pull' on job-seekers from outside in a region where even a limited influx could have a significant impact on the lifestyles of indigenous and local people.
The section in the agreement in which Shell and partners are granted permission to operate as a para-military outfit is convoluted in formulation but explicit in its purpose.
www.heise.de /tp/r4/artikel/2/2519/1.html   (1956 words)

 Resolving Anticompetitive Concerns, FTC Clears Shell Oil's $1.8 Billion Acquisition of Pennzoil-Quaker State
Paraffinic base oil is used to produce motor oil and other lubricants, and is needed to meet current performance standards for lighter-viscosity motor oil formulations, such as 5-W20 and 5-W30, as well as requirements for other lubricants.
Shell Oil Company, headquartered in Houston, Texas, is the U.S. operating entity for the Royal Dutch/Shell Group of Companies (collectively referred to as Shell).
Shell and Pennzoil are competitors within this highly concentrated market, and following the merger as proposed, Shell would control at least 39 percent of Group II refining capacity in the United States and Canada.
www.ftc.gov /opa/2002/09/shellpennzoil.htm   (1235 words)

 Nigeria: Shell Oil Spill
Shell, other transnational oil companies and the Nigerian state have visited upon oil-traumatized communities in the recent past the most terrible retribution for imagined and actual resistance to oil company presence and to oil company destruction.
Shell's unfounded charge, immediately upon hearing reports that the Shell pipeline carrying oil through Ogbodo had burst, was that villagers cut the line, despite its being buried six feet deep and split from its underside.
The Shell claim to have provided emergency water, food and medical attention was true but the amounts were so pitifully inadequate as to suggest that the claims were made by Shell strictly for public relations purposes.
www.africaaction.org /docs01/shel0107.htm   (2288 words)

 Essential Action | Shell Rap Sheet   (Site not responding. Last check: 2007-10-21)
Shell and the military dictatorship of Nigeria have earned billions at the expense of the people of the Niger Delta, who now live in extreme poverty, and have lost many traditional sources of livelihood.
Shell must provide monetary compensation for loss of land, resources, income and life to people in oil producing regions in the Niger Delta who have experienced environmental devastation and military brutality.
Shell alone provides over 40% of the Nigerian dictatorship's budget, and has the influence to force the military to reform and insure that a just and democratic government is formed which represents the interest of all Nigerians.
www.essentialaction.org /shell/rapsheet.html   (492 words)

 The Seattle Times: Business & Technology: Exxon Mobil, Shell pump out big profits
Baxter said oil companies need to make profits while the getting is good to carry them through times of low prices — oil was $10 a barrel a few years ago — and to take energy-exploration risks around the world.
Oil prices surged to a record level this week — briefly above $43 a barrel for U.S. light crude — on new violence in Iraq and reports that Russian oil giant Yukos might be forced to suspend sales and put a possible pinch on world oil supplies.
Shell also announced it would pay a $120 million civil penalty to settle an inquiry by the Securities and Exchange Commission into the downgrade of the company's reserves.
seattletimes.nwsource.com /html/businesstechnology/2001992605_oilearns30.html   (766 words)

 Shell Oil - SourceWatch
In March 2004, the controversy over the exaggeration of the oil and gas reserves of Shell resulted in the resignation of the then chairman, Philip Watts, and Walter van de Vijver, who was responsible for exploration and production.
PR Week also reported that for several years Shell had - and continued to - use the London-based Finsbury to handle financial PR for the company and was also advising on managing the crisis on the overstated reserves.
Angelique Chrisafis, "Jailing of Irish villagers sparks anger as farmers defy Shell in Battle of the Bog: (http://www.guardian.co.uk/international/story/0,3604,1530695,00.html) Support swells for opponents of gas pipeline imprisoned for contempt of court", Guardian (UK), July 18, 2005.
www.sourcewatch.org /wiki.phtml?title=Shell_Oil   (587 words)

 World Wide Activities
Shell is the largest retailer of automotive fuels and lubricants in the world, and a global leader in aviation fuels, liquefied petroleum gas (LPG) and bitumen.
Shell retail sites continue to be developed throughout the world, progressively acquiring a new look and adding convenience stores.
Working primarily in the oil, gas and process industries, the company gives a competitive edge by helping to optimise plant and process performance, formulate and develop products, and manage operational safety and environmental challenges more effectively.
www.shell-me.com /english/shellgroup/pagef.html   (1171 words)

 Shell's Oil Spill at Baraale, Ogoniland of Nigeria's Niger Delta
All they have to show for the oil on their land is poverty and hunger brought on by ecological damage caused by the activities of Shell and other transnational oil companies.
But almost a decade after Shell stopped its operation on their land; the Ogoni are still feeling the harsh effects of the oil industry.
Shell should pay adequate compensation to all those affected by the spillage and fire especially those who have lost their farmlands and houses.
www.waado.org /Environment/OilSpills/NigerDelta/Baraale-Ogoni.html   (864 words)

 Shell History Museum, Wood River Refinery
The Shell History Museum was established in 1986 by a small group of retirees who used a small trailer and later an office to sort, catagorize and store the historical artifacts.
A replica of the original facade of one of the oldest Shell stations in the area has recently been added to the museum's exhibits, using actual artifacts from the original.
The pride, knowledge and enthusiasm of the volunteers at the Shell History Museum are obvious in every aspect of its operation.
www.oldgas.com /info/shellmus.htm   (398 words)

 Alexander's Gas & Oil Connections - Shell shifts European oil exploration to northern, deeper waters
Shell will spend $ 1.5 bn a year in 2005 and 2006 on exploration, with half the drilling costs spent on hunting "big cats," or prospects greater than 100 mm barrels.
Overall, Shell is putting more effort into exploration in places such as Nigeria and the Gulf of Mexico, and its LNG project in Russia.
During the past year Shell was the biggest seller of oil and gas field assets in the UK, and the biggest overall asset trader, selling 15 and buying two, according to Shell data.
www.gasandoil.com /goc/company/cne44961.htm   (702 words)

 Natural Gas from Shell -- Shell Energy
Shell Energy Services Company, L.L.C., formed in 1998, is an affiliate of Shell Oil Company, one of world's leading oil and gas producers, manufacturers and marketers of oil and chemical products for more than a century.
Shell serves homes and businesses in large portion of the rapidly growing North and North Central Georgia, including Metro Atlanta.
Shell serves customers throughout a large and heavily populated area of Central Ohio, including Metro Columbus.
www.shellenergy.com   (253 words)

 BBC NEWS | Business | Oil giant Shell signs Libya deal
Shell did not give financial details of the agreement and said negotiations on specific projects would continue throughout the year.
Libya is an attractive prospect for international oil companies because it has plentiful hydrocarbon reserves that are cheap to extract, a need for foreign investment following years of sanctions and it is close to European markets.
Shell was active in Libya from the 1950s until 1974, and explored there in the late 1980s.
news.bbc.co.uk /1/hi/business/3567175.stm   (348 words)

 Shell And Castrol Settle FTC Charges - 9/14/99
Shell is alleged to have provided its trade customers, like Castrol, with allegedly deceptive advertising and promotional materials, and to have made allegedly false or misleading representations about tests it conducted on its VEKTRON™ 3000 fuel additives.
The agency also alleged that the ‘laboratory tests’ cited by Shell and Castrol do not prove the performance and superiority claims made in their advertising, and that these claims are false.
Since Shell Oil Company controls the acts and practices of Shell Chemical, it is also charged by the FTC with having violated the law.
www.ftc.gov /opa/1999/09/shellcastrol.htm   (1131 words)

 Shell Oil Company - Fact Sheet - Hoover's
Shell Oil doesn't shilly-shally around, it explores for, produces, and markets oil, natural gas, and chemicals.
Shell partners with Saudi Aramco in a US refining and marketing venture (Motiva), and owns Motiva's sister company Shell Oil Products US (formerly Equilon).
Shell's parent, Royal Dutch/Shell Group, is the world's #3 petroleum company (behind BP and Exxon Mobil).
www.hoovers.com /shell/--ID__41841--/free-co-factsheet.xhtml   (299 words)

 Shell Canada - Oil Sands   (Site not responding. Last check: 2007-10-21)
Shell Canada (60%), Chevron Canada (20%) and Western Oil Sands (20%), are joint venture owners of the Athabasca Oil Sands Project.
The Athabasca Oil Sands Project is being operated in strict accordance with the principles of sustainable development.
Shell Canada is evaluating growth opportunities for its oil sands leases in the Athabasca area.
www.shell.ca /code/products/oilsands/dir_oilsands.html   (182 words)

 CNN.com - Shell admits blame in Nigeria  - Jun 11, 2004
Nigeria is the world's seventh-biggest oil exporter and the source of one-fifth of U.S. oil imports.
Oil companies have been hesitant to return to facilities abandoned since last year.
Responding to the independent report on Shell's activities, Etomi said the company would attempt to change its operating, security and community development practices in the region.
www.cnn.com /2004/WORLD/africa/06/11/nigeria.shell   (429 words)

 The Environmental Shell Game: Big Oil Takes Baby Steps - Rainforest Action Network News   (Site not responding. Last check: 2007-10-21)
Shell is too big to be taking baby steps this late in the global environmental crisis.
Shell’s true intentions are revealed by its unchanged plans to exploit the North Slope, Sakhalin, and other endangered ecosystems for yet more oil.
Shell, which operates in 140 countries, has protected very little by pledging to stay out of World Heritage Sites, few of which hold much oil and natural gas according the Financial Times.
www.ran.org /news/newsitem.php?id=794&area=home   (365 words)

 CNN.com - Shell cuts oil and gas production growth forecast - Sep. 19, 2001
Shell's target looks sluggish compared to its rivals, who expect growth of five percent or more.
BP, the world's third-largest publicly traded oil company, said last month it was on track to meet its own growth targets this year.
While analysts had expected a cut to between three and four percent, there are questions about the quality of Shell's oil and gas reserves — which until now had been seen as some of the best in the industry.
edition.cnn.com /2001/BUSINESS/09/19/shell   (511 words)

 Welcome To Shell in Dubai and Northern Emirates Ltd.   (Site not responding. Last check: 2007-10-21)
This is an award introduced by Shell, in conjunction with Dubai Quality Group under the patronage of H.H. Sheikh Ahmed bin Saeed Al Maktoum, President Dubai Civil Aviation and patron of Dubai Quality Group.
Today, UAE women are making their presence felt in society as university professors, teachers, lawyers, engineers, doctors, businesswomen, administrators as well as members of the police force and the army and with this award the committee aims to recognize their efforts in the development of the society.
Shell is one of the sponsors of the International Investment Summit, which was held from 3rd to 5th May 2003.
www.shelldubai.com   (325 words)

 Shell showcases oil industry's contribution to people development | Shell Middle East
International oil companies can play an active role in developing skills and knowledge both in the GCC's oil sector and in society as a whole, delegates at the Kuwait Oil and Gas Conference were told today in a presentation by a senior Shell representative.
Shell's history in the Middle East dates back over the whole of the last century, during which time the company has formed many successful and long-standing partnerships with host governments and national oil companies.
Shell's growth in the region has led to a workforce that is made up almost 90 per cent of local people.
www.ameinfo.com /55386.html   (791 words)

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