Dutch

Groningen Field to Permanently Close as the Netherlands Increases Pipeline and LNG imports

Groningen Field to Permanently Close as the Netherlands Increases Pipeline and LNG imports

The Netherlands is expected to permanently close the huge Groningen natural gas field, the Dutch Senate announced this week. Groningen, one of the largest gas fields in Europe, caused earthquakes and damage to local communities for more than 20 years, which created debate among politicians, local residents and gas industry supporters for years about whether…

April 19, 2024
Wintry Weather No Match from Strong Global Natural Gas Supplies – LNG Recap

Wintry Weather No Match from Strong Global Natural Gas Supplies – LNG Recap

A bitter cold snap gripping much of Europe wasn’t enough Monday to sustain a three-day rally in natural gas prices there as strong imports have kept the continent well supplied.  Title Transfer Facility prices fell across the curve Monday, when the prompt month closed 9% lower to finish near $10/MMBtu. Prices jumped last week ahead…

January 8, 2024

Contango, Juneau Teaming Up Again to Develop GOM Prospects

Houston-based independent Contango Oil & Gas Co. has secured an agreement with long-time partner Juneau Oil & Gas LLC to develop some prospects in the shallow waters of the Gulf of Mexico (GOM).

December 23, 2019

Shell Selling Eagle Ford Shale Stake

After taking a more than $2 billion charge against its Canadian and U.S. liquids-rich properties in the second quarter, Royal Dutch Shell plc has decided that its Eagle Fore Shale assets would be better off in the hands of someone else.

October 1, 2013

Shell May Dump Some North American Land After $2B Writedown

Royal Dutch Shell plc has launched a strategic review of its North American oil and gas operations, particularly the unconventional assets, after taking a charge of more than $2 billion on the value of its U.S. and Canadian liquids-rich properties.

August 2, 2013

Shell Granted Another Extension on Proposed Cracker Site

A subsidiary of Royal Dutch Shell plc has signed a second, six-month extension that gives it more time to decide whether to purchase property in western Pennsylvania that could ultimately be used for a “world scale” ethane cracker in the heart of the Marcellus Shale region.

July 2, 2013

Litigation Threat Said to Be Growing for Offshore Operators

Operators developing plans to work in Alaska’s offshore, notably Royal Dutch Shell plc, have faced stiff and costly opposition for years, but Gulf of Mexico (GOM) operators should be aware that a growing threat of more lawsuits could derail some projects as well, industry executives said Tuesday at the Offshore Technology Conference (OTC) in Houston.

May 8, 2013

Shell’s Transformative CEO to Retire

Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement last Thursday.

May 6, 2013

Shell’s Transformative CEO to Retire

Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement on Thursday.

May 3, 2013

Pennsylvania, Shell Officials Say Due Diligence Continuing on Cracker

Contrary to a media report, there is no time frame for when a subsidiary of Royal Dutch Shell plc will make a decision over whether to build a proposed “world scale” ethane cracker in western Pennsylvania, state and company officials told NGI’s Shale Daily.

April 30, 2013
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