Tag: Shell

New Shell CEO plans reorganization

According to Shell critic John Donovan, the new CEO of Royal Dutch Shell, Peter Voser, who will take over from Jeroen van der Veer as Chief Executive Officer on 1st July 2009, has announced plans for a major reorganization of the company, with more than 30% of senior managers and directors being axed.

Russia looking to sue Shell

Russia may sue Royal Dutch Shell’s Sakhalin group in international courts to claim billions of dollars in damages or even scrap the USD 22 billion production sharing deal, a Russian official said on 14 November 2006.

Australia: LNG development plans

Melbourne-based oil and gas group Nexus Energy has shot to record levels after a deal with Shell to develop a LNG project in the Browse Basin of Western Australia.

ONGC and Shell agreement

ONGC and Shell BV have signed a MoU to examine significant opportunities for future co-operation both in India and other regions across the world.

The Netherlands: offshore wind-farm

Shell and Dutch energy company Nuon have signed the final contracts for their joint realisation of the first Dutch offshore wind farm, located at Egmond aan Zee, 10 miles outside the Dutch coast.

BASF and Shell to sell stakes in Basell

BASF and Shell Chemicals are to sell their 50-50 joint venture Basell (The Netherlands) to a consortium led by New York-based Access Industries together with The Chatterjee Group (USA).

Shell announces partnership with KPI

Shell has signed a memorandum of understanding (MOU) with Kuwait Petroleum International Ltd (KPI) to explore opportunities worldwide to develop and implement joint downstream investments.

Singapore: cracker project

Shell announces that it is progressing to the next phase of its proposed world-scale cracker and derivatives project in Singapore.

Dutch gas restructuring

Gasunie, the Dutch gas company, is to be split.

Russian cracking complex

Foster Wheeler Energy Limited has been awarded an engineering contract by OAO Salavatnefteorgsintez (SNOS) for a fluidised catalytic cracking (FCC) complex in Russia.