shell tabangao refinery life: Apr 30, 2015

Thursday, April 30, 2015

Shell cuts 2015 capex, sees downstream downturn

Apr 30th, 2015

Shell cuts 2015 capex, sees downstream downturn

London (Platts)–30 Apr 2015

* Capex reduced by more than $2 billion
* Decision on Majnoon development pushed back to 2017
* CFO says refining margins already worsening

Shell said Thursday it had reduced its expected 2015 capital expenditure to $33 billion from previous guidance of a little more than $35 billion as the company continues to adjust its business to the lower oil-price environment.

Shell, releasing its first-quarter results, also said it continued to reduce its operating costs and capital spending, with Q1 operating expenditure down by $1.1 billion year on year.

Posted in: Australia, Ben van Beurden, BG Group, BP, Canada, Gulf of Mexico, Iraq,LNG, Netherlands, Nigeria, Oil, Oil Company Profits, Oil Prices, Pearl GTL Project,Royal Dutch Shell Plc, Simon Henry, Total.
Tagged: Australia · Ben van Beurden · BG Group · BP · Canada · Iraq · Nigeria · Oil ·Royal Dutch Shell Plc · Shell · Total

The TRUTH will set you FREE.

Royal Dutch Shell profits slump as oil price slide puts energy giant on back foot ahead of mega-merger with BG

Apr 30th, 2015

by John Donovan.

No comments yet

Earnings dropped steeply from $7.33billion last year to $3.25billion

Company hopes oil prices will rise to $90 a barrel by 2018

By MARK SHAPLAND FOR THIS IS MONEY: 30 April 2015

Oil giant Royal Dutch Shell has reported a near 60 per cent slump in first quarter profits after it was hit by the fall in oil and gas prices.

Earnings dropped steeply from $7.33billion ($4.6billion) last year to $3.25billion – though the figure was better than City forecasts of about $2.5billion.

The price of a barrel of Brent crude has fallen by half since last year after peaking at about $115 a barrel in the summer of 2014.

The company, which earlier this month announced a £55billion agreed offer for UK-based BG Group, said it expects oil prices to rise to $90 a barrel by 2018 – justifying the 50 per cent premium it bid to buy its rival.

Posted in: Ben van Beurden, BG Group, Daily Mail, Gas, Nigeria, Oil Company Profits,Oil Prices, Royal Dutch Shell Plc, Shell.
Tagged: Ben van Beurden · BG Group · BP · Gas · Nigeria · Oil Prices · Royal Dutch Shell Plc

The TRUTH will set you FREE.

Shell pushes on with Arctic exploration as it awaits U.S. permit

Apr 30th, 2015

by John Donovan.

No comments yet

Business | Thursday Apr 30, 2015

Shell pushes on with Arctic exploration as it awaits U.S. permit

(Reuters) – Royal Dutch Shell is pushing ahead with plans to explore for oil in the Arctic Ocean near Alaska this summer despite opposition from environmental groups.

The Anglo-Dutch oil major is preparing “an armada of 25 vessels” to begin a two-year program to explore two to three wells in the Chukchi Sea off the coast of Alaska, Chief Financial Officer Simon Henry said on Thursday.

“We are currently on track. Some of the permits are issued at the last moment,” he told reporters.

Posted in: Alaska, Arctic, Chukchi Sea, Environment, Greenpeace, Oil Spill, Reuters,Royal Dutch Shell Plc, Shell, Simon Henry.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Litigation · Royal Dutch Shell Plc

The TRUTH will set you FREE.

Judge extends TRO after hearing on Greenpeace injunction

Apr 30th, 2015

by John Donovan.

No comments yet

BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE: PUBLISHED 29 APRIL 2015

Judge extends Temporary Restraining Order after hearing on Greenpeace injunction

Shell’s court battle to obtain a preliminary injunction against Greenpeace USA continued in U.S. District Court Judge Sharon Gleason’s court in Anchorage April 28.

Gleason is considering whether to issue an order that would keep Greenpeace protestors at a certain distance from vessels Shell hopes to use for its 2015 Arctic offshore drilling.

After the hearing, Gleason extended the temporary restraining order against Greenpeace covering two drill rigs and a heavy lift vessel; that order issued April 11 expired April 28 and she extended it to May 9 or until she rules on Shell’s request for an injunction that would cover all 27 vessels being mobilized for its Arctic exploration this summer.

Posted in: Alaska, Arctic, Chukchi Sea, Environment, Greenpeace, Litigation, Royal Dutch Shell Plc.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Litigation · Royal Dutch Shell Plc

The TRUTH will set you FREE.

Shell’s first-quarter profits plunge 56% to $3.2bn

Apr 30th, 2015

by John Donovan.

No comments yet

FT: Shell’s first-quarter profits plunge 56% to $3.2bn

30 April 2015

Christopher Adams, Energy Editor

Royal Dutch Shellsuffered a near 60 per cent slide in first-quarter profits, hit byplunging crude prices, but beat expectations as a strong contribution from its refining and trading business prevented a steeper fall.

FULL FT ARTICLE

Posted in: Oil Company Profits, Oil Prices, Royal Dutch Shell Plc.
Tagged: Oil Prices · Royal Dutch Shell Plc

The TRUTH will set you FREE.

SYNDICATED ESTAFA

MY QUEST FOR SWINDLED

RETIREMENT PAY BY SHELL

SWINDLING ITO, SYNDICATED ESTAFA

HOT PURSUIT

DUTY OF LAW ENFORCEMENT ENTITIES

SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR

1001counts

SEE BELOW FOR THE 1001ST TIME THE REITERATION OF DEMAND PAYMENT OF RETIREMENT PAY WHICH SHELL REFUSED TO HONOR IN THE PRESENCE AND DEEMED APPROVAL OF THE HONORABLE MAGISTRATES OF THE SUPREME COURT OF THE PHILIPPINES

GEUS_15MAR16_66th FOLLOW UP_REITERATION

OF DEMAND PAYMENT OF RETIREMENT PAY

Dishonest scales are an abomination to the Lord, but a just weight is His delight... Proverbs Chapter 11 v. 1

Retirement Pay Law circumvented by Shell subject to penal provision provided for by Article 288 of the Labor Code of the Philippines.

NAV

Thursday, April 30, 2015

Shell cuts 2015 capex, sees downstream downturn

Shell cuts 2015 capex, sees downstream downturn

Shell cuts 2015 capex, sees downstream downturn

London (Platts)–30 Apr 2015

Like this:

Royal Dutch Shell profits slump as oil price slide puts energy giant on back foot ahead of mega-merger with BG

Royal Dutch Shell profits slump as oil price slide puts energy giant on back foot ahead of mega-merger with BG

Earnings dropped steeply from $7.33billion last year to $3.25billion

Company hopes oil prices will rise to $90 a barrel by 2018

By MARK SHAPLAND FOR THIS IS MONEY: 30 April 2015

Like this:

Shell pushes on with Arctic exploration as it awaits U.S. permit

Shell pushes on with Arctic exploration as it awaits U.S. permit

Business | Thursday Apr 30, 2015

Shell pushes on with Arctic exploration as it awaits U.S. permit

Like this:

Judge extends TRO after hearing on Greenpeace injunction

Judge extends TRO after hearing on Greenpeace injunction

BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE: PUBLISHED 29 APRIL 2015

Judge extends Temporary Restraining Order after hearing on Greenpeace injunction

Like this:

Shell’s first-quarter profits plunge 56% to $3.2bn

Shell’s first-quarter profits plunge 56% to $3.2bn

FT: Shell’s first-quarter profits plunge 56% to $3.2bn

30 April 2015

Christopher Adams, Energy Editor

Royal Dutch Shellsuffered a near 60 per cent slide in first-quarter profits, hit byplunging crude prices, but beat expectations as a strong contribution from its refining and trading business prevented a steeper fall.

Like this:

SHELL CIRCUMVENTED RA 7641

SYNDICATED ESTAFA

MY QUEST FOR SWINDLED

RETIREMENT PAY BY SHELL

SWINDLING ITO, SYNDICATED ESTAFA

HOT PURSUIT

DUTY OF LAW ENFORCEMENT ENTITIES

SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR

CONTENTS

NAV

Thursday, April 30, 2015

Shell cuts 2015 capex, sees downstream downturn

London (Platts)–30 Apr 2015

Share this:

Like this:

Earnings dropped steeply from $7.33billion last year to $3.25billion

Company hopes oil prices will rise to $90 a barrel by 2018

By MARK SHAPLAND FOR THIS IS MONEY: 30 April 2015

Share this:

Like this:

Business | Thursday Apr 30, 2015

Shell pushes on with Arctic exploration as it awaits U.S. permit

Share this:

Like this:

BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE: PUBLISHED 29 APRIL 2015

Judge extends Temporary Restraining Order after hearing on Greenpeace injunction

Share this:

Like this:

FT: Shell’s first-quarter profits plunge 56% to $3.2bn

30 April 2015

Christopher Adams, Energy Editor

Royal Dutch Shellsuffered a near 60 per cent slide in first-quarter profits, hit byplunging crude prices, but beat expectations as a strong contribution from its refining and trading business prevented a steeper fall.

Share this:

Like this:

SHELL CIRCUMVENTED RA 7641

SYNDICATED ESTAFA

MY QUEST FOR SWINDLED RETIREMENT PAY BY SHELL SWINDLING ITO, SYNDICATED ESTAFA

HOT PURSUIT DUTY OF LAW ENFORCEMENT ENTITIES SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR

CONTENTS

MY QUEST FOR SWINDLED

RETIREMENT PAY BY SHELL

SWINDLING ITO, SYNDICATED ESTAFA

HOT PURSUIT

DUTY OF LAW ENFORCEMENT ENTITIES

SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR