Latest Shell Oil Co. Stories

2008-10-02 21:00:18

The U.S. Supreme Court has agreed to hear cases that could put new limits on claims against companies for cleaning up federal Superfund sites. Legal Newsline reported Thursday that the high court agreed to hear the case involving Shell Oil Co. and Burlington Northern Santa Fe Corp. The court will consider whether the federal government can recover cleanup costs from companies even if they are not directly responsible for contamination of a federal Superfund site. Shell, which...

2008-09-26 06:00:19

By Mike Taugher Shell Oil Co. has agreed to pay more than $300,000 in fees and penalties for spilling about 420 gallons of oil into Carquinez Strait at its Martinez refinery in January 2006. No injuries were reported at the time and no dead wildlife were found, though the spill did foul the marina and some boats. "It's something we wish didn't happen and we have taken all steps to make sure it doesn't happen again," said Shell spokesman Steve Lesher, who also apologized to boat owners...

2008-07-13 18:00:00

By David Ivanovich, Houston Chronicle Jul. 13--RIFLE, Colo. -- Along the western slope of the Rocky Mountains lies a possible path toward energy independence. The world's largest deposit of oil shale is hidden here, beneath a landscape dotted by pinyon pines and twisted junipers. If the oil industry can learn how to extract oil and gas from the oil shale in a cost-effective manner, the United States could lay claim to oil reserves totaling, perhaps, 800 billion barrels -- three times...

2008-06-19 12:00:20

An attack Thursday by a militant group on an offshore oil facility in Nigeria has resulted in the site being shut down, Shell Oil Co. officials said. Credit for the attack on the Bonga oil facility, which produces nearly 200,000 barrels of crude oil each day, was claimed by the Movement for the Emancipation of the Niger Delta, CNN reported. A Shell spokesman said while the militants were unable to board the oil platform, they did attack a nearby related vessel. The militant group also...

2006-06-27 18:52:02

HOUSTON (Reuters) - Furious about gas prices? Watch for a friendly oil executive coming to a town near you. Top executives at oil giant Shell have begun a 50-city tour across the United States this summer in hopes of persuading angry consumers that Big Oil is not ripping them off. The move is the first such effort in the company's history, as major oil firms try to dampen a U.S. political firestorm over soaring gasoline prices and record earnings for the companies that sell fuel...

2006-02-28 10:41:31

WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Tuesday that Shell Oil Co. and Texaco Inc. cannot be held liable under the antitrust law for their now-defunct joint ventures that had been approved by the federal government and that set the selling price for gasoline. The justices unanimously overturned a U.S. appeals court ruling that the antitrust law's automatic prohibition against price fixing applied to the economic arrangements under the two joint ventures set up in 1998...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.