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Posts on ‘June 10th, 2006’

Bangor Daily News: The LNG Question: Does Liquefied Natural Gas Have a Viable Future in Maine?

Saturday, June 10, 2006 Although the demand for natural gas is on the rise and developers have set their sights on eastern Maine, it is not a foregone conclusion that any liquefied natural gas terminals will be constructed in the state. According to government projections, the 18 LNG proposals that already have been approved by [...]

The WALL STREET JOURNAL: Oil News Roundup: Saturday June 10, 2006

Oil prices resumed their climb, gaining more than $1 to settle at nearly $72 a barrel on the New York Mercantile Exchange. Worries about Nigerian production egged prices higher, as did the kidnapping of an Iraqi oil official. Here is Friday’s roundup of oil and energy news. * * * NIGERIAN DISRUPTION: Tony Chukwueke, director [...]

THE WALL STREET JOURNAL: Eye of the Storm In Katrina’s Wake, U.S. Oil Crossroads

Storm-Prone Gulf Holds Key To Refining, Distribution; Big Oil Keeps Supply Tight Pipeline’s Race With the Clock By CHIP CUMMINS in Hattiesburg, Miss., and RUSSELL GOLD in Austin, Texas June 10, 2006; Page A1 Surging oil prices have stirred fears in Western capitals over threats to global energy security in hotspots from Iraq to Nigeria. [...]

The Times: Global Business Briefing: Natural Resources

Natural Resources (Up 3.14%) The Russian Duma is debating a Bill that would entrench Gazprom’s monopoly over gas exports, ending the possibility of foreign companies exporting Russian gas. India’s flagship explorer Oil and Natural Gas Corp’s overseas investments will fall by $1 billion (£540 million) to $1.5 billion this financial year because of subsidies to [...]

The Guardian/The Observer: Tidal firm heads for higher ground: Brought to you in association with Shell

Felix Lowe Orkney-based Scotrenewables aims to set the industry standard in tidal renewable energy. The company, founded in 2002 by entrepreneur Barry Johnston, made the headlines in February after being awarded the inaugural Springboard Award, set up by Shell to support commercially viable and innovative projects by small companies that could lead to greenhouse gas [...]

The Guardian/The Observer: It’s too late for the planet: or can we pull it from the fire? Brought to you in association with Shell

Respected scientist James Lovelock thinks it is too late to reverse climate change, writes Robin McKie, but the chairman of Shell UK, James Smith, is upbeat that major petroleum companies can play a big role in making amends, finds Nick Mathiason Robin McKie: James Lovelock has a simple message for the nation’s eco-warriors. Forget your [...]

The Observer/The Guardian: Britain’s green investors have never had it so good: brought to you in association with Shell

Some of the new and established companies on the stock market are soaring, says Heather Connon Green is becoming investors’ favourite colour. Once solely the province of funds specialising in socially responsible investment, now institutions from private equity to pension funds are putting their money into renewable energy and other green technology companies and projects. [...]

The Observer/The Guardian: Four elements in struggle for world power: Brought to you in association with Shell

Wll the future of energy be fossil fuels, solar panels, wave power, or nuclear? Observer writers weigh up the merits of the competing technologies Nuclear By Oliver Morgan, industrial editor Later this summer, one of the biggest pieces in the complicated jigsaw of future power supply will be put in place with the publication of [...]

The Guardian: Sunny outlook for developing world: Brought to you in association with Shell

Solar power will be the clean, green key that can unlock Africa’s poverty trap, says Heather Stewart In Jigawa state, northern Nigeria, just south of the Sahara, the hum of electric sewing machines and hair-clippers can be heard long into the afternoon, driven only by the power of the hot African sun. This project, singled [...]

Financial Times: Equator principles: Radical plan is not without critics

By Demetri Sevastopulo Published: June 9 2006 12:39 | Last updated: June 9 2006 12:39 In 2003, 10 European and US banks agreed to adopt a set of guidelines named the Equator Principles which were aimed at infusing environmentally and socially sound practices into their project finance businesses.   Crafted with the help of the [...]

Financial Times: The profit paradox. (ExxonMobil must know how Cosa Nostra feels)

By Andrew Hill Published: June 10 2006 03:00 | Last updated: June 10 2006 03:00 A search for “profit” on the Guinness World Records website returns only one direct reference: the Mafia, the world’s most profitable criminal organisation.   ExxonMobil must know how Cosa Nostra feels. On January 30, the US oil major announced the [...]

BREITBART.COM: World’s who’s who hold secret talks in Ottawa (other attendees:Royal Dutch Shell chairman Jorma Ollila)

The world’s political elite, top thinkers and powerful business folk gathered here for an annual, ultra-secretive Bilderberg conference as heavy security kept conspiracy theorists and curious onlookers at bay. Global luminaries such as former US secretary of state Henry Kissinger, US banker David Rockefeller and Queen Beatrix of the Netherlands were greeted at the airport [...]

Daily Times (Pakistan): Shell on renewable energy source

Saturday, June 10, 2006 ROTTERDAM: Royal Dutch Shell will pick a renewable energy source for commercial production but it is much too early to tell which one, its Chief Executive said on Friday. “We don’t know which form of energy will win, and we don’t know how quickly we will know,” Jeroen van der Veer [...]