Shell – Page 21 – Oil & Gas 360

LNG Canada Receives Positive Environmental Assessment

June 17, 2015

The Shell-backed LNG project in B.C. received environmental approval for its four-train LNG terminal LNG Canada, a consortium led by Shell (ticker: RDSA) with Asian partners including PetroChina (ticker: PTR) and Mitsubishi Corp, received approval for its LNG project in Kitimat, British Columbia today, according to the Canadian Environmental Assessment Agency. The project is expected to produce 2 Bcf/d of LNG on the

Shell Nearing Arctic Development – Under Watchful Eyes

May 21, 2015

Huge Expectations, Huge Investment “If you talk about 500 million barrels, I don’t think that will cut it. It must be a multi-multi-billion barrel discovery that we have there.” After investing six years and $6 billion of its development capital, Royal Dutch Shell (ticker: RDS.A) is suddenly within earshot of obtaining final approval to begin offshore exploration for oil and

Shell Prepares to Go Back to the Arctic

May 4, 2015

Shell exec has eyes set to the North Royal Dutch Shell (ticker: RDSA) is preparing to return to the Arctic and begin exploring for the first time since 2012, according to Chief Financial Officer Simon Henry. Henry said the oil major is preparing “an armada of 25 vessels” to begin a two-year program to explore two to three wells in

Shell and BG Deal not Likely to Spur LNG M&A Boom

April 15, 2015

Shell/BG will not be the harbinger of more LNG M&A The recent proposed $70 billion purchase of BG Group (ticker: BG) by Royal Dutch Shell (ticker: RDSA) will make the industry’s liquefied natural gas giant even bigger. Shell already had liquefaction capacity of 26 million tons per annum (mtpa) at year-end 2014, according to a report from Pavel Molchanov at

TOP MINDS IN THE BUSINESS – John Hofmeister – Part III

April 10, 2015

In this final installment, former Shell Oil Company President John Hofmeister talks about the false notion of energy independence, the need for two-way oil and gas trading, the Jones Act, removing barriers to the movement of energy, and the Keystone XL pipeline View PDF of Slides – Download Video File John D. Hofmeister is a seasoned business leader with strong views about U.S.

OPEC Has Outlived its Usefulness: Hofmeister

April 2, 2015

Former Shell Chief John Hofmeister talks about Saudi Arabia’s Impact on World Oil Prices and the Weakening of OPEC in Part II of this interview for TOP MINDS IN THE BUSINESS John D. Hofmeister is a seasoned business leader with strong views about U.S. energy policy and a deep understanding of the global energy supply-demand equation. John’s knowledge comes from

Oil Majors Expanding Offshore Operations in Myanmar

March 25, 2015

Chevron signed a production sharing contract in its 2.6 million acre A5 block offshore Myanmar Chevron Corp. (ticker: CVX) has signed a production sharing contract (PSC) with Myanma Oil & Gas Enterprise (MOGE) to explore oil and gas in the Rakhine Basin. CVX subsidiary Unocal Myanmar Offshore Co. Ltd. was granted exploration rights to the block, Block A5, in March

Shell Retracts Application for Oilsands Mine

February 23, 2015

The oil major withdrew an application for its Pierre River Mine, may reapply ‘when the time is right’ Royal Dutch Shell (ticker: RDSA) withdrew its regulatory application today for the proposed Pierre River Mine north of Fort McMurray, Alberta. The company said it made this decision in order to focus its attention on its existing oil sands operations. The project

Chevron Cancels Shale Gas Deal in Ukraine

December 15, 2014

Chevron (ticker: CVX) has terminated its contract with Ukraine to extract shale gas in the western part of the country. The world’s third largest oil company by market cap spent more than a year to get the government to simplify taxation for development, reports local media. “We have just terminated that PSA (production sharing agreement),” said Peter Clark, Chevron’s country

Supermajor Makes Splash with MLP IPO

October 29, 2014

In August, James Baker of Simmons & Company said Royal Dutch Shell’s (ticker: RDS.B) public offering of its midstream segment would be a “sea change event.” It did not disappoint. Bloomberg reports it was the best trading debut by an energy company in 2014. Shell Midstream Partners, L.P., trading on the New York Stock Exchange under the ticker SHLX, debuted

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