Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
“Risk-taking Shell CEO Stays in Race” was the headline of the Wall Street Journal business section in late March.
This caught my attention because most E&P company executives seem to have abandoned risk over the past decade or so in favor of buying reserves through acquisition of other oil and gas companies. As I read the article, however, I learned that the risk Shell CEO Jeroen van der Veer has taken involves investment in large, long-term, non-conventional energy projects. These include a $20 billion LNG (liquefied natural gas) project on Sakhalin Island (Russia) and an $18 billion gas-to-diesel plant in Qatar. In addition, Shell has acquired almost 100% of its subsidiary Shell Canada, at a cost of about $9 billion, in order to increase interest in another unconventional resource, the Athabasca oil sands. These combined unconventional investments amount to about 22% of Shell’s market capitalization . . .
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Houston, TX - November 4-5
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.