Posts on ‘March 4th, 2006’

I read with interest the story by Liz Chong published by The Times on Saturday 4 March 2006 under the headline: “Sleuths step out of the dustbins and into the limelight “ – accessible via the link below. http://www.tellshell.net/blog/_archives/2006/3/4/1796029.html The story mentions the decision by the US Justice Department to prosecute James Giffen under the [...]

Gary Park The oil sands grab bag is never short of surprises, setbacks and successes. Take the last week of February. Here’s some of what emerged: • The Shell-Canada-operated Athabasca project is adjusting to the heaviest blow of its commercial existence, which started in mid-2003, scaling back production to one-third of normal levels of 155,000 [...]

Alan Bailey The big problem with researching what’s under the Arctic Ocean is that much of the ocean is covered with ice for much of the year. That’s the fundamental reason that so little is known about that particular region of the Earth. But scientists believe that the Arctic Ocean contains many missing clues to [...]

USGS: State holds 17% of the U.S. natural gas reserves, 20% of the nation’s estimated undiscovered conventional gas resources By Alan Bailey With U.S. natural gas consumption growing beyond current rates of domestic supply, Alaska seems poised to become a key natural gas larder for the United States. But just where does Alaska lie in [...]

Purchases Arctic drilling platform, doing geotechnical boring at Hammerhead By Kay Cashman Rick Fox, Shell’s new asset manager for Alaska, wasn’t kidding when he told Pac Com attendees in late February that Shell was “ambitious about Alaska.” The mega-major returned to Alaska in March 2005 and shortly thereafter began moving at the pace of an [...]

Purchases Arctic drilling platform, doing geotechnical boring at Hammerhead By Kay Cashman Rick Fox, Shell’s new asset manager for Alaska, wasn’t kidding when he told Pac Com attendees in late February that Shell was “ambitious about Alaska.” The mega-major returned to Alaska in March 2005 and shortly thereafter began moving at the pace of an [...]

LONDON -(Dow Jones)- Lead plaintiffs in a U.S. class action against Royal Dutch Shell PLC (RDSB.LN) filed Wednesday a motion seeking consent for non-U.S. shareholders to join the legal action, one of the lawyer representing them said Friday. The motion follows a preliminary decision by a New Jersey judge, in August, that permitted a plaintiffs [...]

VIEW: Nigeria’s road to ruin — Ian Bremmer In some ways, Nigeria is plagued with the same problems facing Iraq. Various ethnic and religious groups, based in different regions, are battling for oil revenue and political clout. As in Iraq, the conflict could provoke large-scale bloodletting. Yet, unlike Iraq, Nigeria has a recent history of [...]

By Katherine Griffiths (Filed: 04/03/2006) The possibility that Cairn Energy, Europe's largest independent oil company, might be swallowed by a larger rival has again been raised after India's state-run energy company said it was interested in buying Cairn's prized assets in the country. Shares in the Edinburgh-based company rose 30p to £19.97 yesterday after Subir [...]

By Liz Chong Companies may not admit using them, but private investigators have gained acceptance. THEIR clients include governments, leading investment banks, hedge funds, private equity houses and FTSE 100 companies, but few would admit that they have ever hired corporate detectives, let alone met any. It would be too embarrassing to reveal that a [...]