Posts on ‘August 15th, 2006’

Chevron Named Operator and Awarded 50 Percent Interest in Block SAN RAMON, Calif. and PERTH, Australia: Chevron Corporation today announced that its Australian subsidiary has successfully bid for the rights to a deepwater exploration permit with gas potential offshore Western Australia. Chevron Australia Pty Ltd will be the operator and will hold a 50 percent [...]

Issue No: 200633    A FIANNA Fáil member of Mayo County Council has accused Dr. Mark Garavan and the Shell to Sea campaign of trying to turn victory into defeat for the people of Erris. Councillor Jimmy Maloney said he could no longer stay silent after reading the comments of Dr. Garavan in last week’s [...]

Evening Standard 15 August 2006 BP CHIEF EXECUTIVE Lord Browne and other executives of the oil giant are being sued for allegedly breaching their duty to shareholders following the shutdown of half of the company’s Prudhoe Bay field in Alaska.   The company is accused in New York of letting its pipeline in the field [...]

Headline: Shell International Exploration and Production B.V. and Halliburton Enter Global Framework Agreement for Real-Time Drilling Software and Services Last Update: 9:42 AM ET Aug 15, 2006 HOUSTON, Aug 15, 2006 (BUSINESS WIRE) — Halliburton’s Drilling, Evaluation and Digital Solutions Division has entered into a global framework agreement with Shell International Exploration and Production B.V. [...]

By Upstream staff A debate on a pact vital to pushing ahead with the development of Greater Sunrise, in the Timor Sea, will go ahead in East Timor’s parliament in about a month, the country’s Energy Minister Jose Teixeira said today. Oil and gas producers have said they are waiting for the deal to be [...]

15.08.2006, 10.55    YUZHNO-SAKHALINSK, August 15 (Itar-Tass) – The supply of 1,900 kilometres of pipes for the oil and gas pipeline built under the Sakhalin-2 project has been completed. The last train with pipes arrived from the mainland to the south of the Sakhalin Island for the Starstroi company that is laying two pipelines from [...]

By John Donovan The following comment was recently posted on our “Live Chat” facility. guest_2770 : Guest 4149, I may be able to help… I an currently involved in a court case in which Shell is being prosecuted for fraud and theft of intellectual property – globalisation apparently provides large companies with the escape route [...]

The Times: Oil groups failing key North Sea safety tests Shell is the largest operator in the North Sea and a Multi National in the top 50 Companies in the world. To have an Improvement notice served on them by the HSE for the repair of corroded facilities beggars’ belief, especially following the recent fatal [...]

By Upstream staff Shell has flowed first gas from the Pohokura project off New Zealand, with production from the field expected to peak at about 40,000 barrels of oil equivalent per day. “This is a significant step in the journey to deliver gas to meet New Zealand’s energy needs,” Shell said. Commissioning of the production [...]

By Upstream staff The turbomachines division of German industrial group MAN has landed an order to supply key components for the construction of the Pearl Gas-to-Liquids (GTL) plant in Qatar, the company said today. MAN did not give a value for the contract but said it was the division’s largest-ever order. The Qatari GTL project [...]

By Upstream staff Nexus Energy has finalised the sale of gas reserves from the Crux field, in the Timor Sea, to Shell for $40 million. Nexus and Shell agreed the deal in early June and Nexus has now received the cash payment. Shell has picked up the gas field at Crux while Nexus retains the [...]

EXTRACTS: Oil is up 20 percent this year on real and feared supply disruptions. OPEC member Iran’s row with the West over its nuclear work has kept dealers on edge over a wider outage from the Middle East, while Nigerian militants have cut about a quarter of supplies from the world’s eighth largest exporter. Two [...]

THE WALL STREET JOURNAL ONLINE August 14, 2006 5:03 p.m. Crude-oil futures tumbled on the New York Mercantile Exchange, ending the day at $73.53 a barrel, as a cease-fire in the Middle East eased concerns of a wider conflict that could disrupt oil supplies. Skirmishes between Israeli troops and Hezbollah limited oil’s fall, however. Here [...]

EXTRACT: Two oil worker hostages in Nigeria were released on Monday after a week in captivity, but another four were kidnapped late Sunday, part of a string of abductions. Royal Dutch Shell last week restored 180,000 bpd of Bonny Light crude production after a pipeline leak, but more than 400,000 bpd remained offline. THE ARTICLE [...]

Press Association Tuesday August 15, 2006 12:13 AM Two Britons were abducted from a nightclub in Nigeria at the weekend, the Foreign and Commonwealth Office (FCO) has said. The pair, who have not been named, were among five foreigners kidnapped from the Goodfellas club in Port Harcourt on Sunday night as gun battles broke out [...]