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Shell Oil

BUSINESS
April 16, 1998 | JOHN O'DELL, TIMES STAFF WRITER
In a surprise move, Fluor Corp. reached outside its ranks for new leadership, announcing Wednesday that Shell Oil Co. President Philip J. Carroll will become Fluor's new chairman and chief executive this summer. The appointment of Carroll, a 37-year oil industry veteran, marks the first time in its 109-year history that Fluor has not picked a chairman from its executive ranks.
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BUSINESS
December 10, 2004 | Elizabeth Douglass, Times Staff Writer
New York investment firm Kelso & Co. has emerged as the leading bidder for Shell Oil Co.'s Bakersfield refinery, people familiar with the situation said Thursday. Kelso and others have been talking to Shell about buying the facility for several months, and Shell in the last week signed an agreement pledging to negotiate exclusively with the privately owned equity firm, the sources said.
CALIFORNIA | LOCAL
September 13, 1996 | JEFF McDONALD, SPECIAL TO THE TIMES
It sounded too good to be true: gas for sale to motorists at distributor prices. And it was. Investigators from the district attorney's office discovered more than a dozen Shell stations across Ventura County that advertised gas at dealer prices but actually charged up to a nickel a gallon over wholesale. On Thursday, prosecutors filed and settled a lawsuit against Shell Oil Co., the Houston-based corporation that organized the so-called Crazy Days discounts.
CALIFORNIA | LOCAL
July 23, 2013 | By Christine Mai-Duc
Carson city officials are seeking to declare a local emergency in an effort to pressure the state and an oil company to speed the cleanup of a contaminated housing tract where residents have been advised not to eat vegetables or fruit from their yards and to limit contact with the soil. Testing in 2008 revealed that the soil and groundwater beneath many of the 285 homes in the Carousel tract, which sits atop a former Shell Oil tank farm, contain benzene and petroleum. The oil company, which owned the land before it was developed into homes and which state officials said was responsible for its cleanup, has said that the chemicals do not pose an immediate health risk.
OPINION
August 10, 2011
Shell Oil's proposal to drill three exploratory wells in the Beaufort Sea off Alaska's North Slope received a conditional go-ahead last week from the Obama administration even though the Interior Department has not yet approved the company's plan for responding to a catastrophic oil spill. That plan fails to adequately address many of the harsh realities of drilling in Arctic seas. It's too early for any approval, conditional or otherwise. Exploratory offshore drilling in the Arctic doesn't present the same potential for danger as, say, BP's offshore rig in the Gulf of Mexico.
BUSINESS
May 21, 1985 | DENISE GELLENE, Times Staff Writer
Dissident Shell Oil shareholders Monday asked a Delaware court to set aside a $5.67-billion buy-out plan, alleging that new information about Shell reserves in the Gulf of Mexico makes the shares more valuable. A spokesman for the dissidents said the group believes that Shell's Green Canyon reserves may approach 1 billion barrels, making it roughly equivalent to Alaska's enormous Prudhoe Bay reserves. Royal Dutch-Shell, Shell Oil's majority owner, says the reserves aren't that great.
NEWS
May 19, 1989 | From United Press International
A major explosion and fire at a Shell oil refinery Thursday killed at least one worker, injured another and caused millions of dollars in damage, a fire brigade spokesman said. Firefighters battled the blaze at the Shell refinery in an industrial port section of Hamburg for more than eight hours. At times, the flames were more than 300 feet high, the firefighters said.
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