Posts on ‘June 28th, 2006’

From Associated Press HOUSTON (AP) – Fuel wholesaler True North Energy LLC bought 29 Shell-branded retail stations and three supply contracts in the Columbus, Ohio, area, Shell Oil Products US said Wednesday. Financial terms were not disclosed. Shell said Toledo, Ohio-based True North Energy will keep the stations under the Shell brand. True North is [...]

Royal Dutch Shell Plc .com: Shell Announces Strengthened Truenorth Assets; True North Energy to Acquire 29 Branded Locations in Columbus From PRNewswire     HOUSTON, June 28 /PRNewswire/ — Today, Shell Oil Products US (Shell), the marketer of the no. 1 selling gasoline brand in America, announced that its affiliate, True North Energy, LLC of Toledo, [...]

From Planet Ark Reuters CALGARY, Alberta – Speeches planned by the premier of Nova Scotia and his energy minister for later this week have fueled speculation that EnCana Corp.’s long-stalled Deep Panuke natural gas project may be revived. Premier Rodney MacDonald and Energy Minister Bill Dooks are slated to speak at a breakfast meeting of [...]

January 28, 2006 By Bruce Cameron and Charlene Clayton A ruling against oil company Shell may force many trustees to reassess whether their funds are in surplus or whether surpluses have been understated. In the first ruling of its kind, a tribunal appointed by the Registrar of Pension Funds has found that the Southern African [...]

The Scotsman From Reuters By Tom Ashby KEGBARA-DERE, Nigeria (Reuters) – Crude oil seeping from a gnarled steel wellhead forms a lake the size of a soccer pitch near the Nigerian village of Kegbara-Dere, but these oilfields have not exported a drop in 13 years. The Ogoni tribe kicked Royal Dutch Shell out of this [...]

From Macon.com: Lessons from Katrina, Rita foster changes by energy businesses By Kevin G. Hall McClatchy Newspapers DEER PARK, Texas – With weather forecasters expecting an “above-average” hurricane season, government regulators and major players in the energy sector hope errors made last year during Hurricanes Katrina and Rita won’t be repeated. Mistakes and mechanical failures [...]

From The Houston Chronicle June 28, 2006, 12:01AM U.S. ARAB ECONOMIC FORUM Saudi says crude is flowing freely Prince calls lack of refining capacity the real problem By LYNN J. COOK and BILL HENSEL JR. Copyright 2006 Houston Chronicle Saudi Arabian crude is stranded in tankers on the high seas, circling the globe in a [...]

From Ireland-Online Opponents of the Corrib gas pipeline in north Co Mayo are staging a protest outside the Dáil in Dublin today. The demonstration has been mounted as part of the Shell to Sea group’s campaign to highlight what they say is the Government’s “effective handover of Ireland’s natural resources” to the global oil firm, [...]

FROM REUTERS HOUSTON (Reuters) – Furious about gas prices? Watch for a friendly oil executive coming to a town near you. Top executives at oil giant Shell (RDSa.L: Quote, Profile, Research) have begun a 50-city tour across the United States this summer in hopes of persuading angry consumers that Big Oil is not ripping them [...]

From The Daily Telegraph: By James Quinn (Filed: 28/06/2006) The value of fines imposed by the Financial Services Authority fell by 22pc in the year to March 2006. Fines levied in the year by the City watchdog amounted to £17.4m, the bulk of which related to a near-£14m fine paid by Citigroup Global Markets, according [...]

From The Irish Independent By Teresa O’Malley THE irrational stance of a small group of protesters is hampering the Shell gas developments for the country, according to the chief executive of Chambers Ireland, John Dunne. Mr Dunne was speaking at the weekend in Mullingar, at Chambers Ireland annual regional policy conference. One of the contributors [...]

At US-Arab economic forum, energy execs say energy independence is “naive” By: STEVE QUINN Associated Press Published: Jun 27, 2006 Becoming energy independent is “naive” and would harm U.S. relations with Arab countries, energy executives told world and business leaders at a forum designed to improve those nations’ ties. Executives from Exxon Mobil Corp., Chevron [...]