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2008 media releases
News and media releases as published in 2008.
12 Dec 2008
Sakhalin II starts year-round oil export
Today Sakhalin Energy marked the commencement of year-round oil export from its new Oil Export Terminal. The terminal is located in Aniva Bay in the south of Sakhalin and forms part of the Prigorodnoye port, which was purpose built for the year-round export of oil and liquefied natural gas (LNG).
10 Dec 2008
Royal Dutch Shell completes sale of Dominican refinery
As part of an ongoing strategy of portfolio management, Shell Petroleum NV (Shell) has successfully completed the sale of its 50% shareholding in Refinería Dominicana de Petróleo, S.A. (REFIDOMSA), for a total value of $110 million, to the Government of the Dominican Republic, who is now the sole owner of the refinery. This concludes a share purchase agreement signed on 5 August 2008.
08 Dec 2008
Essent and Shell take first step toward low-CO2 power plant
Essent Business Development B.V. (Essent) and Shell Gas & Power Developments B.V. (Shell) today agreed to study the feasibility of a 1,000-megawatt, low-CO2 power plant.
04 Dec 2008
Royal Dutch Shell Board appoints new head of downstream
The Hague, 4 December 2008 - The Board of Royal Dutch Shell plc today announced that Mark Williams will take over the responsibilities of Rob Routs for the Oil Products, Chemicals and Oil Sands business, as Downstream Director and a member of the Executive Committee of Royal Dutch Shell.
04 Dec 2008
Royal Dutch Shell Board appoints new non-executive director
The Hague, 4 December 2008 - The Board of Royal Dutch Shell plc today announced the appointment of Hans Wijers, Chairman of the Board of Management of Akzo Nobel NV, to replace Nina Henderson, who will be retiring as a non-executive director.
02 Dec 2008
TENC-CA UK North Sea sale and transfer completed
Shell U.K. Limited (Shell),Esso Exploration and Production UK Limited, (ExxonMobil), Mobil North Sea LLC (ExxonMobil) and Enterprise Oil U.K. Limited (Shell) yesterday (1st December 2008) completed the final sale and transfer of a number of northern North Sea assets to TAQA Bratani Limited, a wholly owned subsidiary of Abu Dhabi National Energy Company PJSC (TAQA).
01 Dec 2008
Shell acquires gas emissions treating specialists Cansolv Technologies Inc.
Shell Global Solutions International B.V. today acquired 100% of the shares of Cansolv Technologies Inc. (Cansolv), a provider of technologies designed to counter air pollution.
30 Oct 2008
Third quarter results & interim dividend announcement 2008
At 07.00 GMT (08.00 CET and 03.00 EDT) on Thursday 30 October, 2008 Royal Dutch Shell plc released its third quarter results and third quarter interim dividend announcement for 2008.
29 Oct 2008
Peter Voser to be next Chief Executive of Royal Dutch Shell plc
The Board of Royal Dutch Shell plc today announced that Peter Voser will succeed Jeroen van der Veer as Chief Executive, effective 1 July 2009. Voser (50) is Chief Financial Officer and a Director of the Board since October 2004.
29 Oct 2008
Afam VI Gas Power Plant starts in Nigeria
Shell Petroleum Development Company (SPDC) as operator of the joint venture with Nigerian National Petroleum Company (55%), Shell (30%), Agip (5%) and Total (10%) has begun commissioning the first turbine of the Afam VI Power Plant, the Okoloma Gas Plant and associated gas wells - collectively known as the Afam Gas and Power Project.
01 Oct 2008
NAM and GDF SUEZ sign sale and purchase agreements
Nederlandse Aardolie Maatschappij BV (NAM) and GDF SUEZ have today signed Sales and Purchase Agreements for NAM assets situated along the NOGAT pipeline, covering exploration, production and transportation of oil and gas in the Dutch section of the North Sea.
26 Sep 2008
Nigeria is an important oil and gas producer and potentially an engine for growth in Africa. Unfortunately, that potential is yet to be fulfilled. Not all Nigerians have benefited from the country’s oil wealth. In the Niger Delta, where much of this wealth is created, many people remain poor.
22 Sep 2008
Iraq and Shell sign agreement on south Iraq gas
BAGDHAD, 22 September, 2008: The Ministry of Oil of the Republic of Iraq and a wholly owned affiliate of Royal Dutch Shell plc (“Shell”) today signed a Heads of Agreement that sets the commercial principles to establish an incorporated joint venture (the “JV”) between the South Gas Company and Shell for the processing and marketing of all associated natural gas produced in the Governorate of Basra in southern Iraq, an area covering some 19,000 square kilometres.
17 Sep 2008
Shell announces six new biofuels research agreements
Royal Dutch Shell plc (“Shell”) today highlighted its approach to biofuels innovation, announcing six new research agreements with experts in academic institutions across the world. They are part of a growing programme of agreements designed to complement Shell’s own biofuels research and development, and to accelerate results.
05 Sep 2008
NAM and GDF SUEZ commence exclusive negotiations for a package of assets on the Dutch Continental Shelf
Nederlandse Aardolie Maatschappij BV (NAM) and GDF SUEZ have agreed to enter into exclusive negotiations for the sale and purchase of a package of assets situated along the NOGAT pipeline, covering exploration, production and transportation of oil and gas in the Dutch section of the North Sea. The transaction, for a total consideration of 1 075 million euros, is subject to successful conclusion of due diligence, staff consultation, regulatory approvals and third party consents.
26 Aug 2008
Shell Lubricants outperforms global market to top supplier ranking
Shell has topped the list of the world’s leading lubricants suppliers, according to new research into the global lubricants market. The research, conducted by Kline & Company(1), gives Shell 13% of the market by volume in 2007, and a two per cent lead over its nearest competitor.
22 Aug 2008
Shell Canada Limited Completes Acquisition of Duvernay Oil Corp.
Shell Canada Limited (“Shell Canada”), a wholly owned subsidiary of Royal Dutch Shell plc, announced today that as of 1:01 a.m. on August 22, 2008, 61,661,551 common shares of Duvernay Oil Corp (“Duvernay”) have been validly deposited to the offer by BRS Gas Corp., a wholly-owned subsidiary of Shell Canada, to acquire all of the common shares of Duvernay (including common shares issuable upon the exercise or surrender of any options). BRS Gas Corp. has taken up all such shares, which represent approximately 97.7% of the common shares of Duvernay on a fully-diluted basis, and will pay for such shares on or before August 27, 2008.
19 Aug 2008
Shell Canada Limited Receives Regulatory Approvals For Duvernay Oil Corp. Acquisition
Shell Canada Limited ("Shell Canada"), a wholly owned subsidiary of Royal Dutch Shell plc, announced today that it has received the approval of the Minister of Industry under the Investment Canada Act for its offer to purchase all of the outstanding common shares of Duvernay Oil Corp. ("Duvernay") (including common shares issuable upon the exercise or surrender of any options). In approving the acquisition, the Minister determined that the transaction is likely to be of "net benefit to Canada" for purposes of the Investment Canada Act.
18 Aug 2008
Perdido spar moves into place 200 miles off the Texas coast
The Shell-operated Perdido Regional Development Spar has arrived in the ultra-deep waters of the Gulf of Mexico and is currently being secured to the seafloor in about 8,000 feet of water. Once completed, the Perdido spar will be nearly as tall as the Eiffel Tower and weigh as much as 10,000 cars. Perdido will be the deepest oil development in the world, the deepest drilling and production platform in the world and have the deepest subsea well in the world.
31 Jul 2008
2nd quarter results and interim dividend announcement for 2008
At 07.00 BST (08.00 CEST and 02.00 EDT) on Thursday July 31, 2008 Royal Dutch Shell plc released its second quarter results and second quarter interim dividend announcement for 2008.
18 Jul 2008
Shell Canada Limited files formal offer for Duvernay Oil Corp.
Shell Canada Limited, a wholly owned subsidiary of Royal Dutch Shell plc (“Royal Dutch Shell”), has filed its formal offer (the “Offer”) to acquire all the common shares of Duvernay Oil Corp. (“Duvernay”) with securities regulators in Canada, and has mailed its offering circular and related documents (the “Offer Documents”) to Duvernay shareholders.
15 Jul 2008
Shell and Iogen announce extended alliance to accelerate a next generation biofuel
Royal Dutch Shell plc and its subsidiaries (“Shell”) and Iogen Corporation today announced an extended commercial alliance to accelerate development and deployment of cellulosic ethanol.
14 Jul 2008
Royal Dutch Shell announces a proposal to acquire all the outstanding shares in Duvernay Oil Corp.
Royal Dutch Shell plc (“Shell”) announced today a proposal by its wholly owned subsidiary Shell Canada Limited, to offer (the “Offer”) to acquire all of the outstanding shares of Duvernay Oil Corp. (“Duvernay”).
07 Jul 2008
Shell injecting new life into Ursa and Princess Fields in Gulf of Mexico
Shell announced today that it has achieved yet another milestone in the Ursa/Princess Waterflood project. First injection of water occurred on July 3, 2008, and is planned to continue for the next 30 years. With a listed volume enhancement capacity of 30-thousand barrels of oil equivalent per day, the waterflood is expected to extend the life of the field by 10 years.
26 Jun 2008
Shell opens Los Angeles' first combined hydrogen and gasoline station
New station joins 'hydrogen highway,' and gives consumers a taste of the future.
26 Jun 2008
Shell enters preliminary agreement with BPZ Energy Inc. to explore for oil and gas
Shell Exploration Company (West) B.V. (Shell) and BPZ Energy Inc. have signed a preliminary agreement to jointly explore for oil and gas in northern Peru.
23 Jun 2008
QPI , PetroChina & Shell sign LOI for refinery and petrochemical manufacturing and marketing in China
In the presence of His Highness Sheikh Tamim Bin Hamad Al-Thani, the Heir Apparent of the State of Qatar, Qatar signed today with PetroChina Company Limited (PetroChina), and Shell (China) Limited (Shell), a Letter of Intent (LOI) to commence joint preliminary studies to assess the viability of building a refinery and petrochemical manufacturing complex and marketing its products in China. The signing was witnessed also by Mr. Xi Jinping, Vice President of the People’s Republic of China and His Excellency Sheikh Hamad Bin Jassem Bin Jabor Al-Thani, Qatar’s Prime Minister and Minister of Foreign Affairs
15 Jun 2008
Shell V-Power Diesel fuel technology powers a third win at the 24 Hours of Le Mans race
For the third consecutive year Shell V-Power Diesel race fuel has powered the Audi Sport team to victory in the 24 Hours of Le Mans race. This latest victory demonstrates again the power and performance of Shell V-Power Diesel technology embodied in the winning fuel.
02 Jun 2008
Shell and Arrow Energy Ltd plan gas alliance
Shell Exploration Company B.V. (Shell) and Arrow Energy Ltd. (Arrow), have signed a preliminary agreement to jointly develop projects to extract clean-burning natural gas from coal deposits in Australia, China, Indonesia, Vietnam and India.
02 Jun 2008
Fuel savings through use of advanced Shell fuels and lubricants
Shell exclusive supplier in efficiency challenge for commercial vehicles.
28 May 2008
Shell blends next generation biofuel into Shell V-Power Diesel race fuel at the 24 Hours of Le Mans race
Shell is demonstrating its commitment to fuels innovation and the development of sustainable, low-carbon fuels with the blending of BTL (Biomass to Liquids) into its Shell V-Power Diesel race fuel at the 24 Hours of Le Mans race, in France on June 14, 2008.
27 May 2008
Massive hull of new oil production facility heads for Gulf of Mexico
The race is on to produce tomorrow's oil from new and more hostile frontier environments. The construction of the hull of one of the world's deepest oil production facilities is now complete and today it started to make its 8,200 mile journey from the shipyard in Pori, Finland, to Ingleside, Texas.
24 May 2008
Shell Eco-marathon Europe 2008: A record-breaking year
The 2008 edition of the Shell Eco-marathon Europe was a great year in spite of the occasional rain showers.
19 May 2008
Shell donates RMB10m to support China’s earthquake rescue
Shell China Limited and its affiliated companies in China will donate a total of RMB10 million to support the earthquake rescue in the Sichuan province. The donations will be made through the China Foundation of Poverty Alleviation and are fully supported by the Shell Group.
15 May 2008
Shell looks to Saskatchewan, Canada for international research on carbon storage
Shell Canada commits to be a co-sponsor of the final phase of the IEA GHG Weyburn – Midale CO2 Monitoring and Storage Project
07 May 2008
Shell endorses proposals to accelerate deployment of carbon capture and storage
Royal Dutch Shell Plc supports the EU commitment to demonstrate Carbon Capture and Storage (CCS) technology in 12 large-scale plants by 2015. Early demonstration is key to bring environmentally safe CCS to commercial deployment from 2020.
29 Apr 2008
1st quarter results and interim dividend announcement for 2008
At 07:30 CEST (06:30 BST and 01:30 EDT) on Tuesday, 29 April 2008 Royal Dutch Shell plc released its first quarter results and its first quarter interim dividend announcement.
17 Apr 2008
Corrib gas partners give project update and announce new pipeline route
A modified route for the onshore section of the Corrib gas pipeline has been announced today. The route, proposed by RPS consultants, the company contracted by the Corrib Gas partners to identify an alternative route in the vicinity of Rossport, is twice as far away from occupied housing compared to the originally approved route. It has been identified following a 14-month route selection process including 11 months of public consultation.
17 Apr 2008
German chancellor visits CHOREN to mark completion of building phase of world’s first commercial BTL plant
German Chancellor Angela Merkel and more than 100 other guests today marked the completion of the building phase of the world’s first commercial production plant to convert biomass into synthetic diesel fuel.
11 Apr 2008
Amsterdam Court of Appeals sets date for hearing with respect to Shell securities class settlement of reserve-related claims with European and other non US investors
Shell *, Stichting Shell Reserves Compensation Foundation (the Foundation), VEB (the Dutch Shareholders Association), APG, All Pensions Group (on behalf of pension fund ABP) and PGGM (on behalf of Stichting Pensioenfonds Zorg en Welzijn) have announced that the Amsterdam Court of Appeals (the Court) has scheduled a hearing on 20 November 2008 with respect to their request for a binding declaration of their settlement agreement concerning reserve-related claims. This settlement agreement provides relief in the amount of US$352.6 million to qualifying non-U.S.-shareholders who bought Shell shares on any stock exchange outside the United States between April 8, 1999 and March 18, 2004 (the European settlement).
10 Apr 2008
PetroChina, Qatargas and Shell sign first long-term Qatar – China LNG deal
Qatargas, Shell and PetroChina today signed binding sales and purchase agreements that will lead to the long-term supply of liquefied natural gas (LNG) originating from The State of Qatar to the rapidly growing Chinese market.
09 Apr 2008
Shell Lubricants rises to the sustainable mobility challenge with two new engine oils for fleet transport operators
Shell Lubricants today unveiled two new heavy-duty engine oils, Shell Rimula R6 LME and Shell Rimula R4 L. They are the latest development in Shell’s on-going work to help fleet operators minimise their costs and environmental impact by improving fuel economy and reducing exhaust emissions.
07 Apr 2008
Shell urges government action on CO2 emissions
Royal Dutch Shell Plc chief executive Jeroen van der Veer will today ask governments to act swiftly to adopt new policies and mechanisms that promote lower CO2 emissions as part of society's response to the threat of climate change.
31 Mar 2008
Signing of Master Service Agreements
Royal Dutch Shell (Shell) announced today that it has signed Master Service Agreements (MSAs) with three global IT and telecommunications suppliers to manage a significant part of its IT infrastructure and telecommunications services.
27 Mar 2008
Conserving biodiversity is a business opportunity, say IUCN and Shell
The business case for conserving nature is strong and getting stronger, according to a new report published today by IUCN (International Union for Conservation of Nature) and Shell International Limited.
26 Mar 2008
Shell and Virent announce collaboration to develop biogasoline
Shell and Virent Energy Systems, Inc., (Virent (TM)) of Madison, Wisconsin USA, today announced a joint research and development effort to convert plant sugars directly into gasoline and gasoline blend components, rather than ethanol.
17 Mar 2008
Filing of Annual Report and Form 20-F for the year ended December 31, 2007
On March 17, 2008 Royal Dutch Shell plc filed its Annual Report and Form 20-F for the year ended December 31, 2007 with the U.S. Securities and Exchange Commission.
17 Mar 2008
March 2008 strategy update: Investing in new heartlands for Shell
Shell is rejuvenating its portfolio for a world of higher and more volatile commodity prices, increased competition, and higher costs. As part of the annual review of strategy, Shell said it is building over 50 large projects, that will underpin new cash flows for decades to come. Upstream, Shell has over 10 billion barrels of oil equivalent (boe) resources under construction, which will add ~1 million boe/d of production. Shells industry-leading fuels and lubricants portfolio is being positioned into growth markets. The company is also building significant new petrochemicals facilities, and new refining and downstream gas-to-liquids (GTL) capacity totaling ~300,000 b/d for Shell.
13 Mar 2008
Shell to nominate Dr. Josef Ackermann as non-executive director
The Board of Royal Dutch Shell plc ("the Company") announces its intention to propose to the 2008 Annual General Meeting that Dr. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee of Deutsche Bank AG, be elected a non-executive director of the Company with effect from May 21st, 2008.
10 Mar 2008
ExxonMobil and Shell to evaluate market interest as part of strategic study regarding Infineum JV
ExxonMobil Chemical, a division of ExxonMobil Corporation and Shell Chemicals Limited, an affiliate of Royal Dutch Shell plc announced today that, as part of the study to review strategic options for the Infineum additives joint venture, they have agreed to evaluate market interest and will be discussing Infineum with several potential buyers.
06 Mar 2008
Shell announces settlement of reserve-related claims with US investors
Royal Dutch Shell plc announced today that an agreement in principle was concluded to settle the pending United States class action arising from Shell's* recategorization of its proved oil and gas reserves in 2004. The class is represented by the Pennsylvania State Employees' Retirement System and the Pennsylvania Public School Employees Retirement System.
07 Feb 2008
Royal Dutch Shell expands Alaska exploration portfolio
Royal Dutch Shell plc is pleased to be the apparent high bidder on 275 lease blocks in the February 6th, 2008 US Outer Continental Shelf Lease Sale 193 in the Chukchi Sea, offshore northwest Alaska. Shells high bids totalled $2.1 billion USD.
04 Feb 2008
Clearing the Air
Shell today launched the latest dramatised film in its global brand campaign, focusing on the contribution that Shell's gas to liquids (GTL) Fuel can make towards cleaner air in cities where air pollution from traffic is a chronic problem.
31 Jan 2008
4th quarter and full year results and 4th quarter interim dividend announcement for 2007
Royal Dutch Shell plc released its 4th quarter and full year unaudited results and 4th quarter interim dividend announcement for 2007 at07:00 BST (08:00 CET and 02:00 EST) on Thursday January 31, 2008.
30 Jan 2008
Shell to co-develop deepwater Gumusut-Kakap field offshore Malaysia
Shell announced that Final Investment Decision has been taken to jointly develop the Gumusut-Kakap field, located in deepwater, offshore Sabah, Malaysia.
17 Jan 2008
Shell synthetic GTL Fuel reduces local emissions in Davos
As part of the ongoing co-operation between Audi and Shell, global leaders from the worlds of politics, economics and non profit organisations at the World Economic Forum in Davos, from January 23rd to 27th 2008, will be chauffeured to the event in Audi TDI cars fuelled by Shell GTL Fuel(Gas to Liquids).
08 Jan 2008
Update on Oil Sands segment
In the second quarter of 2007 Royal Dutch Shell Plc. (Shell), announced that as from the fourth quarter 2007 the Oil Sands operations in Canada will be disclosed separately from the Exploration & Production segment in the quarterly results announcements. The Canadian in-situ activities will continue to be reported under the Exploration & Production segment.