Marvin Odum News
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U.S. energy policy is rife with contradictions and companies gain access to natural resources “by exception, not by rule,” Chevron Corp. Chairman and Chief Executive Officer John Watson said.
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A lawsuit by environmental groups over Royal Dutch Shell Plc’s oil drilling in the Gulf of Mexico may become a “backdoor moratorium” that curtails U.S. development, said Marvin Odum, the company’s U.S. president.
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Royal Dutch Shell Plc is being blocked from offshore oil and gas exploration in Alaska by the “irresponsible” delays of federal regulators, said the company’s U.S. president, Marvin Odum .
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Long winter nights and ice that clogs Arctic seas from November through June haunt Royal Dutch Shell Plc’s ambitions to explore for oil off Alaska.
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Royal Dutch Shell Plc, Europe’s largest oil company, said a $19 billion investment in Qatar may prove that abundant natural gas coaxed from shale rocks across the U.S. could be converted into diesel and jet fuel.
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Royal Dutch Shell Plc’s Parque das Conchas oil project in Brazil is performing “above expectations,” Valor Economico said, citing Marvin Odum, the company’s upstream director for the Americas.
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Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
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The following is a list of companies that may have unusual share-price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
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Exxon Mobil Corp. , ConocoPhillips, Chevron Corp. and Royal Dutch Shell Plc are as ill-prepared as BP Plc to halt and clean up an offshore oil spill because they all use “carbon copy” disaster plans, lawmakers said.
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Royal Dutch Shell Plc , Europe’s biggest oil company, plans to expand projects in the deepwater Gulf of Mexico even as BP Plc, once its main European rival, experiences setbacks after the worst oil spill in U.S. history.
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