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Shell Posts $6.2BN Profit As Oil Prices Rise Again
Shell Posts $6.2BN Profit As Oil Prices Rise Again
USA - Oil and gas giant Shell has posted strong profits helped by oil prices rising again. The energy giant reported earnings of $6.2 billion between July and September. That's up sharply over the previous quarter.
FOCOL brings mobile payments to Shell stations
FOCOL brings mobile payments to Shell stations
FOCOL has launched its Smartpass app, that allows for petrol purchases at Shell stations on New Providence without using cash or a credit card, the company's Chief Executive Officer Dexter Adderley said at the app's launch event.
Sears: Govt will pay $90 million to Shell for BPL fuel arrears
The government intends to make $10 million payments to Shell each month for nine months to satisfy Bahamas Power and Light's (BPL) debts to its fuel supplier, Minister of Works and Utilities Alfred Sears said yesterday. Sears said with this arrangement in place, BPL's arrears with Shell will be eliminated while the incremental increase in the ...
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Shell's gas price drops 41 cents
Shell's gas price drops 41 cents
Shell's price at the pump has dropped by 41 cents, Freeport Oil Company Limited (FOCOL) President Dexter Adderley told Guardian Business yesterday, announcing the drop as the most significant single fuel price reduction to date. Yesterday Shell announced that its price at the pump dropped from $6.29 to $5.88. Gas prices have been steadily declining over the...
Lucky Shell Customer To Win A Trip To Las Vegas To See John Legend Live Drawing This Friday
Lucky Shell Customer To Win A Trip To Las Vegas To See John Legend Live Drawing This Friday
Sun Oil Limited has given away thousands in prizes all summer long with their “Hello Summer!” sweepstakes promotion. This Friday, the promotion wraps up with one lucky Shell customer walking away with an all-expense paid 4-day trip to Las Vegas for two with tickets to see John Legend live in concert!
'Beaten to death with a conch shell'
'Beaten to death with a conch shell'
A row between two men ended with one battering the other to death using a conch shell as a weapon, Supreme Court jurors heard yesterday...
Accident at Shell Gas Station, Carmichael Road
Accident at Shell Gas Station, Carmichael Road
There was an accident at the Shell Gas Station on the corner of Carmichael Road and Blue Hill Road South. Apparently, an SUV was driven into the glass wall of the station.
Shell still hoping for a BPL deal
Shell still hoping for a BPL deal
Shell said it remains "committed" to building out a gas-to-power facility in New Providence, though the new Progressive Liberal Party (PLP) government has remained mum on where it stands with Shell's proposal and where the years of stalled negotiations with the global gas giant currently are. In a statement sent to Guardian Business, Shell recommitted to its ...
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Shell Sponsors Stem Youth Summer Camps
FIRE SAFETY TRAINING FOR SHELL SERVICE CHAMPIONS
FIRE SAFETY TRAINING FOR SHELL SERVICE CHAMPIONS
“The safety of our employees and customers at Shell Service Stations is of paramount importance to us. We remain committed to reducing operational risks and ensuring our team members are trained and equipped to respond to emergencies,” explained Fabian C. Fernander, Sales & Marketing Manager, Sun Oil Limited at a recent Fire Safety Training Course.
Sears: Shell is willing to work with the government
Sears: Shell is willing to work with the government
WORKS and Utilities Minister Alfred Sears said Shell North America is willing to work with the Davis administration as it finalises its energy policies and priorities for Bahamas Power & Light.
BPL, Shell negotiations not moving forward as quickly as hoped
More than two months after Shell's General Manager of Market Development Markus Hector contended that in "weeks" his company and Bahamas Power and Light (BPL) would have completed a deal, BPL Chairman Dr. Donovan Moxey explained to Guardian Business on Sunday that both companies remain locked in negotiations and are not moving forward as quickly ...
Conch shell killer gets sentence reduced by ten years in appeal
THE COURT of Appeal has quashed the 30-year sentence of a man who was convicted of bludgeoning another man to death with a conch shell over five years ago.
BPL stresses it is negotiating only with Shell
BPL stresses it is negotiating only with Shell
Bahamas Power and Light Company (BPL) explained in a press statement yesterday that it is engaged in negotiations with only Shell North America (Shell NA) for the takeover of base load power production for New Providence, adding that negotiations have reached the late stages of finalizing agreements for presentation to Cabinet. BPL released the statement ...
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BEWU president wants more information on Shell deal
BEWU president wants more information on Shell deal
Bahamas Electrical Workers Union (BEWU) President Kyle Wilson claimed yesterday that Bahamas Power and Light (BPL) executives have kept the union in the dark over its plans for Shell North America to handle power generation for the company. BPL signed a memorandum of understanding (MOU) in November 2018 with Shell Gas and Power Development B.V. ...
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BPL looking to Shell to ensure efficiency?
Shell Gives Joy with cash and prizes
Shell Gives Joy with cash and prizes
Sun Oil Limited, a Shell licensee, provides Bahamians with opportunities to win $30,000 in cash and prizes as Shell Gives Joy this holiday season....
Shell Bahamas approved as independent power producer
Shell Bahamas approved as independent power producer
The Utilities Regulation and Competition Authority (URCA) has approved Shell Bahamas Power Company Incorporated as an independent power producer (IPP) in The Bahamas. According to URCA's register of licensees, Shell's license commencement date began October 5 and expires on the same date in 2035. Shell's acquisition of the IPP from URCA is an important part ...The post Shell Bahamas approved as in...
Shell, BPL deals in a matter of weeks
Shell, BPL deals in a matter of weeks
Clifton Pier Power Station. FILEShell North America and Bahamas Power and Light will have completed deals in a matter of weeks, Shell's General Manager of Market Development Markus Hector told the media yesterday, adding that the coronavirus (COVID-19) pandemic had caused a delay in signing timelines. He added that [...]
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BPL and Shell miss March signing window
The long and winding road of BPL and Shell
The long and winding road of BPL and Shell
It would appear that the Shell North America deal with Bahamas Power Light (BPL) is an ever-evolving one under this administration. Minister of Public Works Desmond Bannister, who has oversight of BPL, released a statement yesterday cautioning that it is "not prudent to court controversy [...]
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BPL Shell deal 'makes no sense'
BPL Shell deal 'makes no sense'
Deborah Deal.Bahamas Power and Light's (BPL) recent announcement that it intends to sell stations A and D at the Clifton Pier Power Plant to Shell North America has been met with scorching criticism from the business community's energy industry. As she noted that the Bahamas Chamber [...]
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Davis warns Shell over BPL deal
Davis warns Shell over BPL deal
BPL headquarters on Baillou Hill Road and Tucker Road. Progressive Liberal Party (PLP) Leader Philip Brave Davis yesterday warned Shell North America about entering into a deal with Bahamas Power and Light (BPL) to purchase stations A and D at the Clifton Pier Power Station, as his party will not support it. "On the [...]
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BPL plans to sell stations A and D to Shell
BPL plans to sell stations A and D to Shell
The new Wartsila engines at Station A at Bahamas Power and Light's Clifton Pier Power Station. FILEBahamas Power and Light (BPL) Chairman Dr. Donovan Moxey yesterday revealed that the power company intends to sell stations A and D at the Clifton Pier Power Plant to Shell North America. "We're also putting money into Station D, the new Station D, money that [...]
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BPL, Shell North America want agreements done by March
Clifton Pier Power Station. FILEBahamas Power and Light (BPL) and Shell North America hope to have their definitive agreements completed by March of this year, BPL Chairman Dr. Donovan Moxey said yesterday. Moxey, who was a speaker at yesterday's Bahamas Business Outlook (BBO) at Baha Mar, also explained that [...]
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Shell exec touts benefits of Clifton LNG terminal
Shell exec touts benefits of Clifton LNG terminal
The development of a liquefied natural gas (LNG) regasification terminal by Shell North America will generate a mixed bag of benefits for Shell and the Bahamian public, according to Shell's General Manager of Market Development Markus Hector, who explained that the terminal, which will be [...]
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BPL on Shell NA: PPA and other agreements still being negotiated
Bahamas Power and Light (BPL) Chairman Dr. Donovan Moxey said yesterday that he still cannot say when Shell North America (Shell NA) will take control of power generation for New Providence, explaining that the power purchase agreement (PPA) is still being negotiated and non-disclosure agreements have been signed...
'Shell deal cost us our jobs'
'Shell deal cost us our jobs'
Three former Bahamas Power and Light (BPL) board members allege in statements of claim filed in the Supreme Court on Wednesday that they were terminated from their positions because they refused to approve a proposal to vary the terms of a deal in the works [...]
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Minister Pintard tells artisans that there are many creative options for the use of the conch shell
Minister Pintard tells artisans that there are many creative options for the use of the conch shell
Minister of Agriculture and Marine Resources, the Hon. Michael Pintard told Grand Bahamian artisans that the options for products using the conch shell are endless and that his Ministry, through BAIC, is prepared to work with them in discovering many of those options.
“We live in a global village and the reality is the Bahamas needs to be fully integrated,” said Minister Pintard. “The Gov...