Posts on ‘April 18th, 2006’

Oil Prices Settle at Record, Above $71Apr 18 3:26 PM US/Eastern Email this story By BRAD FOSSAP Business Writer WASHINGTON Oil prices settled at a new high above $71 a barrel Tuesday as supply threats around the world overshadowed a new report from OPEC forecasting weakening global demand. There was no fresh catalyst for Tuesday's [...]

World’s Most Sustainable and Ethical Oil Companies – 2006 A new report about Ethics, Sustainability, Corporate Governance, Transparency and Corporate Social Responsibility of the major worldwide oil companies, is available from The Oil & Gas Journal Online Research Center. The report is by Management & Excellence S.A., the prestigious research and rating company. This report [...]

Nigeria to build highway, create jobs in oil delta 18 Apr 2006 16:05:30 GMTSource: Reuters By Camillus Eboh ABUJA, April 18 (Reuters) – Nigeria will build a $1.8 billion highway and create 20,000 new jobs to address a crisis in the Niger Delta, where militant attacks have halted a quarter of oil output, President Olusegun [...]

Shell yet to assess Nigerian oilfield, output shut Tue Apr 18, 2006 11:33 AM GMT   LONDON (Reuters) – Royal Dutch Shell has yet to carry out an assessment of an offshore oilfield in Nigeria, a step required before it can restart output shut since February following rebel attacks, a spokeswoman said on Tuesday.   [...]

Husky follows Shell in trying to squeeze oil from hard rock Calgary firm pays $10-million for limestone leases PATRICK BRETHOUR CALGARY — Husky Energy Inc., saying it is aiming for a “dominant position” in the oil sands, is boosting its bet that it can wring crude out of limestone. The Calgary-based integrated energy company said [...]

Shell Stations Pump Out News NEW YORK — Shell gas stations in Los Angeles will be giving out more than just gas at the pumps. NBC Universal Television Stations made a deal with Los Angeles-based VST Media Network to show national and local news, weather and entertainment news on daylight-viewable 17-inch screens with stereo speakers, [...]

Oil Settles Above $70 a Barrel,Despite Inventories at 8-Year High By BHUSHAN BAHREE in New York and ANN DAVIS in HoustonApril 18, 2006; Page A1 Crude oil closed above $70 a barrel for the first time, highlighting a phenomenon reshaping the petroleum world: Investment flows into oil futures are supplanting nitty-gritty supply-and-demand data as prime drivers of [...]

Nestlé looks set to swallow up McCartney range of frozen meals By Matthew Beard Published: 17 April 2006 Devotees of ethical consumerism were dismayed when The Body Shop was sold last month to a company part-owned by Nestlé. They may now have further food for thought following reports that the company set up by the vegetarian [...]

Nestlé looks set to swallow up McCartney range of frozen meals Belfast Telegraph; Apr 17, 2006 var html = getInAdHTML(“box”,FTSite,FTSection,FTPage,FTIndustry); document.write(html); if (showAd == 1) { var o = DOMGetElement(“artAd”); if (o) { DOMElementShow(o); } } else { var o = DOMGetElement(“artImg”); if (o) { DOMElementShow(o); } } Devotees of ethical consumerism were dismayed when [...]

Statoil envisages Barents gas pipe link   Oil giant studies options for transporting energy to Europe as it seeks access to Russia's Shtokman field, writes Martyn WingroveLloyds List; Apr 18, 2006 var html = getInAdHTML(“box”,FTSite,FTSection,FTPage,FTIndustry); document.write(html); if (showAd == 1) { var o = DOMGetElement(“artAd”); if (o) { DOMElementShow(o); } } else { var o [...]

INT'L OIL GIANTS SEEK EXCLUSION OF INDIA'S ONGC, RIL FROM NELP VI Asia Pulse; Apr 18, 2006 var html = getInAdHTML(“box”,FTSite,FTSection,FTPage,FTIndustry); document.write(html); if (showAd == 1) { var o = DOMGetElement(“artAd”); if (o) { DOMElementShow(o); } } else { var o = DOMGetElement(“artImg”); if (o) { DOMElementShow(o); } } NEW DELHI, April 18 Asia Pulse [...]

Report: Venezuela Took Land From Oil Cos. Staff and agencies17 April, 2006 CARACAS, Venezuela – Venezuela reclaimed more than 10,700 square miles in potential drilling acreage from private oil companies last month by requiring them to join new state-controlled joint ventures, a newspaper reported Monday. Under the new terms, PDVSA took at least a 60 [...]