Since Islamabad's reforms now allow foreign investors to own 100% equity in local companies, Shell Pakistan is negotiating buyouts of its joint venture partners in order to gain greater control of its operations.

CNN: ASIANOW - Asiaweek

The offsetting of refinery shutdowns in the Northeast by, for instance, the expansion of Motiva Enterprises a joint venture between Shell (RDS.A) and Saudi Refining of its Port Arthur, Texas refinery to 600, 000 barrels a day, may also help prevent supply-constraint driven gasoline prices spikes.

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The work is part of a joint venture led by Shell (40% stake), Saudi Aramco and Total, which will explore 81, 000 square miles of desert.

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Since then, the stock has been on an impressive march higher, boosted by recent news of the joint marketing deal between Shell and Westport Innovations (WPRT).

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The work is part of a joint venture led by Shell (40% stake), Saudi Aramco and Total, which will explore 81, 000 square miles of desert, half the size of California.

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The joint venture is composed of NNPC (55 percent), Shell (30 percent), Elf (10 percent) and Agip (5 percent) and operates largely onshore on dry land or in the mangrove swamp.

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