DOCSLIB.ORG

2010 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2010 Annual Report a c d E b J K M F p H N p M l G 1- 1 1 I 0 + '!#&*# +!&)0# p &"0)&# + O 1 /'# 0 /7"*!)&# 1 1 . &/.) )%/#&"!'/# A/V% +.#&*/# ,&"+'/.0!# 0.+ 10 0$ - $ - 6'+7!')"0 %.!)%#"#)0!)%#+!" *+)#/."8,*&!&+)#.+",+,'4!)& a8,'+")0-+"+'!)%0!# J V))0+')&+-/'#!)%'/7"*!)&# )"0 -"+.*'!)"#+/"*#1& 5''4 b'+,)0V'%# K"+%/*)0,&"+*5.*!'# 4+"94&5+&5"#&+/)'+*9)4)"0 c"+%/*)0+'!)%0!# l'+,)07+-/'# #+/"*#!)%#A/B.+"-"+.45!&4 d))0+'#!)%# m "!%)0 5!13!"V)%)04! #&+'+4"+/" E8&"!*&)07&/.) n /,,' !)%%#&"7/&+) .##+)#!)%5',)0*/#&+."#&+%+&5 FA/- )00!#7 *++')0C6D o&!'#!'# #!.4&5&5"#1)7/'%)0!7&&")"0 G0!#- )06 p/#)##&+7/#)###!'# -/&/"4!''5!!,!"&&+,'! 1 5''# H +)"&)00!#&+'A/%,"+%/*&#C6 D %+)0&#,!"&1 I 6)"!&)04)%)"0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2010 Commission file number 1-32575 Royal Dutch Shell plc (Exact name of registrant as specified in its charter) England and Wales (Jurisdiction of incorporation or organisation) Carel van Bylandtlaan 30, 2596 HR, The Hague, The Netherlands Tel. no: 011 31 70 377 9111 (Address of principal executive offices) Securities registered pursuant to Section 12(b) of the Act Title of Each Class Name of Each Exchange on Which Registered American Depositary Shares representing Class A ordinary shares New York Stock Exchange of the issuer of an aggregate nominal value e0.07 each American Depositary Shares representing Class B ordinary shares New York Stock Exchange of the issuer of an aggregate nominal value of e0.07 each 1.30% Guaranteed Notes due 2011 New York Stock Exchange 5.625% Guaranteed Notes due 2011 New York Stock Exchange Floating Rate Guaranteed Notes due 2011 New York Stock Exchange 4.95% Guaranteed Notes due 2012 New York Stock Exchange Floating Rate Guaranteed Notes due 2012 New York Stock Exchange 1.875% Guaranteed Notes due 2013 New York Stock Exchange 4.0% Guaranteed Notes due 2014 New York Stock Exchange 3.1% Guaranteed Notes due 2015 New York Stock Exchange 3.25% Guaranteed Notes due 2015 New York Stock Exchange 5.2% Guaranteed Notes due 2017 New York Stock Exchange 4.3% Guaranteed Notes due 2019 New York Stock Exchange 4.375% Guaranteed Notes due 2020 New York Stock Exchange 6.375% Guaranteed Notes due 2038 New York Stock Exchange 5.5% Guaranteed Notes due 2040 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report. Outstanding as of December 31, 2010: 3,480,868,822 Class A ordinary shares of the nominal value of e0.07 each. 2,673,333,694 Class B ordinary shares of the nominal value of e0.07 each. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ¥ Ye s n No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. n Ye s ¥ No Note – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ¥ Ye s n No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer ¥ Accelerated filer n Non-accelerated filer n Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP n International Financial Reporting Standards as issued by the International Accounting Standards Board ¥ Other n If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17 n Item 18 n If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). n Ye s ¥ No Copies of notices and communications from the Securities and Exchange Commission should be sent to: Royal Dutch Shell plc Carel van Bylandtlaan 30 2596 HR, The Hague, The Netherlands Attn: Mr. M. Brandjes 2 Shell Annual Report and Form 20-F 2010 About this Report ABBREVIATIONS CURRENCIES $ US dollar £ sterling ¤ euro CHF Swiss franc UNITS OF MEASUREMENT acre approximately 0.4 hectares or 0.004 square kilometres b(/d) barrels (per day) bcf/d billion cubic feet per day boe(/d) barrels of oil equivalent (per day); natural gas has been converted to oil equivalent using a factor of 5,800 scf per barrel MMBtu million British thermal units mtpa million tonnes per annum MW megawatts per day volumes are converted to a daily basis using a calendar year scf standard cubic feet PRODUCTS GTL gas to liquids LNG liquefied natural gas LPG liquefied petroleum gas NGL natural gas liquids MISCELLANEOUS ADS American Depositary Share AGM Annual General Meeting CCS current cost of supplies CO2 carbon dioxide DBP Deferred Bonus Plan EMTN euro medium-term note EPS earnings per share FID Final Investment Decision GHG greenhouse gas HSSE health, safety, security and environment IFRIC Interpretation(s) issued by the IFRS Interpretations Committee IFRS International Financial Reporting Standard(s) LTIP Long-term Incentive Plan NGO non-governmental organisation OML onshore oil mining lease OPEC Organization of the Petroleum Exporting Countries OPL oil prospecting licence PSA production-sharing agreement PSC production-sharing contract PSP Performance Share Plan R&D research and development REMCO Remuneration Committee RSP Restricted Share Plan SEC United States Securities and Exchange Commission TRCF total recordable case frequency TSR total shareholder return WTI West Texas Intermediate ShellAnnualReportandForm20-F2010 3 About this Report Private Securities Litigation Reform Act of 1995) concerning the ABOUT THIS REPORT financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be This Report serves as the Annual Report and Accounts in accordance deemed to be, forward-looking statements. Forward-looking statements with UK requirements and as the Annual Report on Form 20-F as filed are statements of future expectations that are based on management’s with the US Securities and Exchange Commission (SEC) for the year current expectations and assumptions and involve known and unknown ended December 31, 2010, for Royal Dutch Shell plc (the Company) risks and uncertainties that could cause actual results, performance or and its subsidiaries (collectively known as Shell). It presents the events to differ materially from those expressed or implied in these Consolidated Financial Statements of Shell (pages 98–138) and the statements. Forward-looking statements include, among other things, Parent Company Financial Statements of Shell (pages 158–167). Cross statements concerning the potential exposure of Shell to market risks references to Form 20-F are set out on pages 175–176 of this Report. and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward- In this Report “Shell” is sometimes used for convenience where looking statements are identified by their use of terms and phrases such references are made to the Company and its subsidiaries in general. as“anticipate”,“believe”,“could”,“estimate”,“expect”,“goals”, Likewise, the words “we”, “us” and “our” are also used to refer to “intend”, “may”, “objectives”, “outlook”, “plan”, “probably”, subsidiaries in general or to those who work for them. These “project”, “risks”, “scheduled”, “seek”, “should”, “target”, “will” and expressions are also used where no useful purpose is served by similar terms and phrases. There are a number of factors that could identifying the particular company or companies. “Subsidiaries”, affect the future operations of Shell and could cause those results to “Shell subsidiaries” and “Shell companies” as used in this Report refer differ materially from those expressed in the forward-looking statements to companies over which the Company, either directly or indirectly, has included in this Report, including (without limitation): (a) price control through a majority of the voting rights or the right to exercise fluctuations in crude oil and natural gas; (b) changes in demand for control or to obtain the majority of the benefits and be exposed to the Shell’s products; (c) currency fluctuations; (d) drilling and production majority of the risks. The Consolidated Financial Statements results; (e) reserve estimates; (f) loss of market share and industry consolidate the financial statements of the parent company and all competition; (g) environmental and physical risks; (h) risks associated subsidiaries. The companies in which Shell has significant influence but with the identification of suitable potential acquisition properties and not control are referred to as “associated companies” or “associates” targets, and successful negotiation and completion of such and companies in which Shell has joint control are referred to as transactions; (i) the risk of doing business in developing countries and “jointly controlled entities”.
Load more

Recommended publications
  • Shell) Has Applied to the Alberta Energy and Utilities Board (EUB
    2007 NOTICE OF APPLICATION SHELL CANADA LIMITED SCOTFORD UPGRADER 2 PROJECT ALBERTA ENERGY AND UTILITIES BOARD APPLICATION NO. 1520445 ALBERTA ENVIRONMENT ENVIRONMENTAL PROTECTION AND ENHANCEMENT ACT APPLICATION NO. 001-240711 WATER ACT FILE NO. 60411 Take Notice that Shell Canada Limited (Shell) has applied to the Alberta Energy and Utilities Board (EUB) and Alberta Environment (AENV) for approval to construct, operate, and reclaim a 63,600 cubic metres per day bitumen upgrader, the Shell Scotford Upgrader 2 project. The proposed project will be located on portions of Sections 4, 5, 8, 9, and 16, Township 56, Range 21 West of the 4th Meridian and portions of Section 28, 30 and 33, Township 55, Range 21 West of the 4th Meridian. The proposed project will be located within the Scotford Complex near Fort Saskatchewan, Alberta, and will be adjacent to, but separate from, the existing Scotford upgrader. The proposed project will be developed in four phases, each processing 15,900 cubic metres per day of bitumen. This Notice of Application is being distributed to advise interested persons that the applications are available, and that the EUB, AENV and other government departments are now undertaking a review of the applications. Nature of the Application In support of their proposal, Shell has prepared and submitted the following documents: z Application No.1520445 to the EUB, pursuant to Section 11 of the Oil Sands Conservation Act. In support of its proposal Shell has also submitted an Environmental Impact Assessment (EIA) report to AENV. The EIA report forms part of the application to the EUB.
    [Show full text]
  • SUSTAINABILITY REPORT ROYAL DUTCH SHELL PLC SUSTAINABILITY REPORT 2011 I Shell Sustainability Report 2011 Introduction
    SUSTAINABILITY REPORT ROYAL DUTCH SHELL PLC SUSTAINABILITY REPORT 2011 i Shell Sustainability Report 2011 Introduction CONTENTS ABOUT SHELL INTRODUCTION Shell is a global group of energy and petrochemical companies employing 90,000 people in more than 80 i ABOUT SHELL countries. Our aim is to help meet the energy needs of 1 INTRODUCTION FROM THE CEO society in ways that are economically, environmentally and socially responsible. OUR APPROACH Upstream 2 BUILDING A SUSTAINABLE ENERGY FUTURE Upstream consists of two organisations, Upstream International and Upstream Americas. Upstream searches for and recovers oil 3 SD AND OUR BUSINESS STRATEGY and natural gas, extracts heavy oil from oil sands for conversion 4 SAFETY into synthetic crudes, liqueƂ es natural gas and produces synthetic oil products using gas-to-liquids technology. It often works in joint 5 COMMUNITIES ventures, including those with national oil companies. Upstream 6 CLIMATE CHANGE markets and trades natural gas and electricity in support of its business. Our wind power activities are part of Upstream. Upstream 8 ENVIRONMENT International co-ordinates sustainable development policies and 9 LIVING BY OUR PRINCIPLES social performance across Shell. Downstream OUR ACTIVITIES Downstream manufactures, supplies and markets oil products and 10 SUSTAINABLE DEVELOPMENT IN ACTION chemicals worldwide. Our Manufacturing and Supply businesses include reƂ neries, chemical plants and the supply and distribution 11 KEY PROJECTS of feedstocks and products. Marketing sells a range of products 12 DELIVERING ENERGY RESPONSIBLY including fuels, lubricants, bitumen and liqueƂ ed petroleum 12 Natural gas gas for home, transport and industrial use. Chemicals markets 15 The Arctic petrochemicals for industrial customers.
    [Show full text]
  • TRANSACTIONS - Sell-Side Mergers and Acquisitions Advisory
    Page 1 of 11 test test TRANSACTIONS - Sell-Side Mergers and Acquisitions Advisory CLIENT CLIENT DESCRIPTION TRANSACTION DESCRIPTION TYPE CLIENT LOCATION DATE Advised on the sale of Circle K’s 48 Oklahoma City Circle K Stores Inc. A petroleum marketer and convenience store retailer Corporate Carve Out Oklahoma City, OK Jun-21 area stores to Casey’s General Stores, Inc. One of the largest independent propane retailers in the U.S., serving Advised on the sale of the company to Superior Plus Freeman Gas and Electric Co., Inc. nearly 70,000 customers in Georgia, North Carolina, South Carolina, Energy Services, Inc., a subsidiary of Superior Plus Company Sale Spartanburg, SC Jun-21 Tennessee, and Virginia Corp. (TSX:SPB) Advised on the sale of the company to an Toms Sierra Company, Inc. A petroleum marketer and convenience store retailer Company Sale Roseville, CA May-21 undisclosed buyer Advised on the sale of the company to Energy Van Unen/Miersma Propane, Inc. A large propane retailer in California Company Sale Ripon, CA May-21 Distribution Partners, LLC Advised on the sale of the companies to Trump Card ASAP Expediting & Logistics, LLC A leading provider of expedited freight solutions Holdings, LLC, a subsidiary of Magnate Worldwide, Company Sale Columbia, SC Feb-21 LLC and a portfolio company of CIVC Partners, L.P. Advised on the sale of the company’s U.S. wholesale petroleum distribution assets to PacWest Energy, R.M. Parks, Inc. A leading wholesale petroleum distributor Company Sale Porterville, CA Jan-21 LLC, a joint venture between Jackson Energy and Shell Oil Products US Advised on the sale of the company in a joint A leading petroleum marketer and convenience retailer d/b/a Alta venture entity between Fortress Investment Group Pester Marketing Company Company Sale Denver, CO Jan-21 Convenience LLC and a subsidiary of Phillips 66 Company (NYSE: PSX) A lubricants distributor, commercial fuel, and environmental services Advised on the sale of the company to RelaDyne New West Oil Company, L.L.C.
    [Show full text]
  • Royal-Dutch-Shell-Fra-Oljemuseets-Årbok-2018.Pdf
    Nor sk oljemuseum årbok 201 7 Årboken er Norsk Oljemuseums viktigste, årlige publikasjon. Den tar for seg et bredt spekter av aktuelle tema knyttet til petroleumsnæringen og museets virksomhet. Artiklene er skrevet både av museets egne ansatte og eksterne bidragsytere. Museets årsmelding og regnskap er også å finne i årboken. Norsk Oljemuseumoljemuseum Årbokårbok 20172018 Royal Dutch/Shell av Trude Meland hell har drevet sin verdensomspennende En gryende globalisering Svirksomhet i over 100 år og har bygget opp en Det hele startet i 1833 da Marcus Samuel sr. av verdens mest kjente merkevarer. Royal Dutch/ åpnet en liten forretning i Londons East End Shell som i dag er et multinasjonalt selskap med hvor han handlet med antikviteter, rariteter, hovedkontor i Haag og forretningsadresse i konkylier og dekorative skjell. Skjell og konkylier London, startet som en allianse i 1907. Da slo det var på moten i det viktorianske Storbritannia, og nederlandske Royal Dutch Petroleum Company forretningen var lukrativ.2 og britiske The «Shell» Transport and Trading Company seg sammen. Dette er historien om Den vokste til et blomstrende import- og hvordan Royal Dutch/Shell Group vokste seg eksportfirma, og Samuel organiserte en toveis til å bli et av verdens største foretak, men også handel mellom Storbritannia og det fjerne østen. om de to som startet det – den ene fra Londons Tekstiler og maskiner til å bygge opp en industri østkant, jødisk opprinnelse og ambisiøs. Den gikk fra Storbritannia, og i retur kom ris, kull, andre nederlender, med en hang for detaljer og silke, kobber og porselen. Antall handelspartnere tall. Mennene var Marcus Samuel jr.
    [Show full text]
  • Update on Waterton Development Plans
    CHINOOK NEWS THE NEWSLETTER FOR THE SHELL WATERTON REGION FALL 2015 FACILITY UPDATE PETER ARGUMENT, OPERATIONS MANAGER FOR SHELL’S WATERTON COMPLEX IT’S BEEN ALMOST 18 MONTHS SINCE I STEPPED INTO THE ROLE OF OPERATIONS MANAGER AT WATERTON, TAKING OVER FOR JIM LITTLE. WHAT A WONDERFUL AND CHALLENGING 18 MONTHS IT’S BEEN. First, to be able to live in the grandeur that is southern And we’ve done it while maintaining our gas Alberta is a gift for me and my family. I’ve been with production and reducing our unplanned deferment. Shell for over 15 years – before my assignment in Through these innovative efforts, we have improved Pincher Creek I worked on the front-end of several our competitiveness and saved many hundreds of sour gas projects at Shell’s joint venture in Oman, thousands of dollars through improved efficiency was Maintenance Superintendent at Shell’s Jumping and reduced waste. Pound facility and was Operations Engineer at the We continue to look for ways to be better at what Scotford Refinery. While international experiences we do in this continuingly challenging environment are amazing, Canada is home for the family so it’s – it’s simply called continuous process improvement. nice to be back in Canada in the spectacular setting Our improvement efforts have been recognized by at Waterton. our parent company Royal Dutch Shell as well: the Foothills asset, of which Waterton is a part – recently doing the right thing here at the Complex as they The Waterton plant is doing well, thanks to the was a runner up in a Shell global competition which are in the community.
    [Show full text]
  • 2020 Shell in Australia Modern Slavery Statement
    DocuSign Envelope ID: D3E27182-0A3B-4D38-A884-F3C2C5F0C272 JOINT MODERN SLAVERY STATEMENT UNDER THE MODERN SLAVERY ACT 2018 (CTH) FOR THE REPORTING PERIOD 1 JANUARY 2020 TO 31 DECEMBER 2020 Shell Energy Holdings Australia Limited has prepared this modern slavery statement in consultation with each of the following reporting entities, and is published by the following reporting entities in compliance with the Modern Slavery Act 2018 (Cth) (No. 153, 2018) (“Modern Slavery Act”):- 1) Shell Energy Holdings Australia Limited (“SEHAL”); 2) QGC Upstream Investments Pty Ltd (“QGC Upstream”); 3) QGC Midstream Investments Pty Ltd (“QGC Midstream”); and 4) ERM Power Limited (“ERM Power”), (collectively “Shell”, “our” or “we”)i Note on ERM Power: At the time this statement’s publication, ERM Power Limited will have been re- named to Shell Energy Operations Pty Ltd. However, as this statement pertains to ERM Power Limited’s structure, operations and supply chain from 1 January 2020 to 31 December 2020, we have maintained the previous entity name of ERM Power Limited for this statement. In addition, as ERM Power’s integration into Shell is ongoing, we have noted throughout this statement where ERM Power’s approach or processes differ from that of Shell. Finally, at the time this statement’s publication, ERM Power’s policies, for which links are listed under the “ERM Power” sub-heading in “Our values, policies & approach to human rights”, will be decommissioned; however would be available upon request as ERM has adopted the equivalent Shell policies. Introduction Shell is opposed to all forms of modern slavery. Such exploitation is against Shell’s commitment to respect human rights as set out in the Universal Declaration of Human Rights and the International Labour Organization 1998 Declaration of the Fundamental Principles of Rights at Work.
    [Show full text]
  • Exploration and Production
    2006-2009 Triennium Work Report October 2009 WORKING COMMITTEE 1: EXPLORATION AND PRODUCTION Chair: Vladimir Yakushev Russia 1 TABLE OF CONTENTS Introduction SG 1.1 “Remaining conventional world gas resources and technological challenges for their development” report SG 1.2 “Difficult reservoirs and unconventional natural gas resources” report 2 INTRODUCTION Reliable natural gas supply becomes more and more important for world energy sector development. Especially this is visible in regions, where old and sophisticated gas infrastructure is a considerable part of regional industry and its stable work is necessary for successful economy development. In the same time such regions often are already poor by conventional gas reserves or have no more such reserves. And there is need for searching new sources of natural gas. This is challenge for exploration and production of natural gas requiring reviewing strategies of their development in near future. The most important questions are: how much gas still we can get from mature areas (and by what means), and how much gas we can get from difficult reservoirs and unconventional gas sources? From this point of view IGU Working Committee 1 (Exploration and Production of Natural Gas) has established for the triennium 2006-2009 two Study Groups: “Remaining conventional world gas resources and technological challenges for their development” and “Difficult reservoirs and unconventional natural gas resources”. The purposes for the first Group study were to make definition of such important term now using in gas industry like “mature area”, to show current situation with reserves and production in mature areas and forecast of future development, situation with modern technologies of produced gas monetization, Arctic gas prospects, special attention was paid to large Shtokman project.
    [Show full text]
  • COGENERATION PLANT and HYDROGEN PIPELINE Addendum to Decision 2000-30 FORT SASKATCHEWAN AREA Applications No.990464 and 1051618
    ALBERTA ENERGY AND UTILITIES BOARD Calgary Alberta SHELL CANADA LIMITED COGENERATION PLANT AND HYDROGEN PIPELINE Addendum to Decision 2000-30 FORT SASKATCHEWAN AREA Applications No.990464 and 1051618 DECISION 2000-30 The Alberta Energy and Utilities Board (Board/EUB) issued Decision 2000-30 (attached) on May 30, 2000, approving the applications. This addendum provides the reasons for the Board’s decisions. 1 INTRODUCTION 1.1 Application 990464 Shell Canada Limited (Shell) applied to the Board, pursuant to Section 9 of the Hydro and Electric Energy Act, for approval to construct and operate a 150 megawatt (MW) natural-gas- fired cogeneration plant on its approved Scotford Upgrader site. This site is adjacent to the Scotford Refinery in Strathcona County, about 14 km north of Fort Saskatchewan, Alberta. The cogeneration plant would include • a natural-gas-fired combustion gas turbine, which would generate 80 MW of electric power, • a heat recovery steam generator (HRSG), and • a steam turbine, which would generate about 70 MW of electric power. The applicant described the cogeneration process as follows: • Natural gas would be fired in the combustion turbine to generate about 80 MW of electricity. • Heat would be recovered from the hot combustion turbine exhaust gases in the HRSG, which would produce steam. • The steam would be delivered to the upgrader to help meet its steam requirements. • High-pressure HRSG steam and the excess high-pressure steam from the upgrader process units would be delivered to the steam turbine to produce an additional 70 MW of electricity. 1.2 Application 1051618 Shell also applied, pursuant to Part 4 of the Pipeline Act, for approval to construct and operate approximately 8.7 km of 762 mm outside diameter pipeline to transport hydrogen gas from the existing Dow Chemical Canada Inc.
    [Show full text]
  • 17CTCE Onsite Prog A5+TD.Indd
    Conference Programme SPE Annual Caspian Technical Conference and Exhibition Chasing the Margins 1 – 3 November 2017 I Baku, Azerbaijan CELEBRATING 20 YEARS OF THE SPE BAKU SECTION 1997-2017 Host Organisation: Platinum Sponsor: In Participation With: SM Fairmont Hotel, Baku Azerbaijan I www.spe.org/go/17ctce WELCOME FROM THE EXECUTIVE COMMITTEE CO-CHAIRS ABOUT SPE TABLE OF CONTENTS Dear Colleague, Society of Petroleum Engineers Sponsors 2 The Society of Petroleum Engineers About our Partners 3 As conference co-chairs, and on behalf of the Conference Executive and Technical (SPE) is a not-for-profi t professional Venue Floor Plan 4 Programme Committees, we thank you for attending the SPE Annual Caspian Technical association whose members are Schedule of Events 5 engaged in energy resources Conference and Exhibition. Committees 7 development and production. SPE serves more than 164,000 members Opening Ceremony 8 This year’s conference theme “Chasing the Margins” will focus on the current market in 143 countries worldwide. SPE is a Conference Programme and Panel Sessions 9 conditions facing the oil and gas industry, both globally and on a local level, and the ways key resource for technical knowledge Technical Programme 11 in which our industry should respond. The velocity and magnitude of price volatility has related to the oil and gas exploration Speaker Biographies 23 pushed the industry to shift focus from “chasing barrels” towards “chasing effi ciency” to and production industry and provides General Information 28 services through its publications, events, Student Development Summit 30 enhance the value of the ultimate products. The modernisation of the industry, the training courses, and online resources at collaboration between oil and gas operators, contractors, service providers and www.spe.org.
    [Show full text]
  • NACE Tour and Dinner Meeting Shell Scotford Upgrader Shell Scotford Upgrader
    NACE Tour and Dinner Meeting Tuesday, May 20, 2008 Shell Scotford Upgrader Dow Center, Fort Saskatchewan, AB TTTOOOPPPIIIICCC Shell Scotford Upgrader Plant Tour SSSPPPEEEAAAKKKEEERRR Harm de Groot P.Eng. Engineering Services Coordinator Shell Canada Scotford Upgrader It has been a while since NACE Edmonton has organized a plant tour so we are happy to announce that Shell has offered to organize a plant tour of their Upgrader plant for NACE Edmonton, ASM and AWS members. For now the tour is limited to 40 people so please make sure that if you are interested sign up in time. After the tour there will be a dinner and a presentation on materials and corrosion issues in Upgraders by Harm de Groot. The Scotford Upgrader is located next to Shell Canada's Scotford Refinery near Fort Saskatchewan, Alberta. The Scotford Upgrader uses hydrogen-addition technology to upgrade the high viscosity "extra heavy" crude oil (called bitumen) from the Muskeg River Mine into a wide range of synthetic crude oils. A significant portion of the output of the Scotford Upgrader is sold to the Scotford Refinery. Both light and heavy crudes are also sold to Shell's Sarnia Refinery in Ontario. The balance of the synthetic crude is sold to the general marketplace. The Scotford Upgrader - which is part of the joint venture project between Shell Canada, Chevron Canada (a wholly owned subsidiary of Chevron Corporation) and Western Oil Sands – is operated by Shell Canada. UUUpppgggrrraaadddiiiiiinnnggg Upgrading is the process of breaking large hydrocarbon molecules (such as bitumen) into smaller ones by increasing the hydrogen to carbon ratio.
    [Show full text]
  • Inquiry Into the Price of Unleaded Petrol
    SHELL AUSTRALIA’S SUBMISSION TO THE AUSTRALIAN COMPETITION AND CONSUMER (ACCC) INQUIRY INTO THE PRICE OF UNLEADED PETROL CONTENTS Introduction ............................................................................................................................2 Refining and importing..........................................................................................................2 Wholesale and distribution....................................................................................................4 Retail........................................................................................................................................6 Shell submission to ACCC Petrol Price Inquiry, July 2007 Page 1 Introduction This submission addresses issues relevant to Shell under the broad subjects, “Refining and importing”, “Wholesale and distribution” and “Retail”, which are set out in the Issues Paper published by the ACCC in June 2007. However, as Shell is essentially no longer a retailer, the submission makes limited comment on the retail market. As an overarching comment, Shell believes that the Australian market for unleaded petrol is highly competitive as evidenced by: • the fact that Australian fuel, both pre and post tax, is amongst the cheapest in the OECD countries; • Shell’s profits before interest and tax in 2006 equate to 2.3 cents per litre of fuel and over the last five years have averaged around 1.8 cpl or 1.5% on a litre of petrol); and • Shell’s investment of over $1 billion in the Downstream business
    [Show full text]
  • SHEIKH THANI BIN THAMER AL-THANI Chief Executive Officer, ORYX GTL
    SPRING 2016 SHELL ECONOMIC | SOCIAL | ENVIRONMENTAL | HUMAN INTERVIEW WITH SHEIKH THANI BIN THAMER AL-THANI Chief Executive Officer, ORYX GTL ALSO IN THIS ISSUE... SUCCESSFUL QATARI CAREERS Osama Ahmed Alaa Hassan GTL PRODUCTS FOR THE WORLD GTL Fuel – Synthetic Diesel Pureplus Lubricants for Ducati 4 FOREWORD It is my sincere pleasure to welcome you to the East, further cementing our partnership with Spring 2016 edition of Shell World Qatar. Qatargas and the State of Qatar. With the year well underway, we continue to Our contributions to the State of Qatar extend find ourselves in challenging times and across well beyond our assets and projects. Despite the the board we are feeling the consequences of pressure of continued low oil prices we have still sustained low oil prices. As an organisation had many opportunities to engage with a broad we continue to seek efficiencies and range of Qatari stakeholders during the first part areas where we can reduce our operating of 2016. Events have included partnering with expenditure without comprising Safety, Asset the Qatar Leadership Centre, participating in Integrity and Reliability. National Sports Day, supporting the GCC Traffic Week, our technology collaboration with local We also remain wholly committed to quality universities and our ongoing work on to support Qatarisation. We are serious about the entrepreneurship in Qatar. These are just a few development and training of the many Qataris examples of the wider contributions that give that have chosen to work for Qatar Shell additional purpose to our work. and are building a cadre of Qatari leaders at all levels in the company.
    [Show full text]