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Posts from ‘September, 2006’

The Observer: What is the greenest way to get around?

For those who prefer not to cycle or walk, the eco answer to getting from A to B is to mix and match, says Lucy Siegle Sunday October 1, 2006 I concede that the clean, green mobility charms of the push bike won’t seduce everyone. Unfortunately nobody has come up with such an easy, cheap […]

Radio New Zealand: Pohokura gas field now producing commercial quantities

Posted at 2:37pm on 01 Oct 2006 The operators of the Pohokura gas field in Taranaki say it is producing commercial quantities of gas for the first time. Shell Exploration says gas and condensate are now flowing from three completed onshore wells through a production station at Motunui near New Plymouth. A spokesman, Ajit Bansal, […]

Huffington Post: Vladimir Inspired by Hugo’s Oil Drama. Should We Be Watching?

By Raymond J. Learsy This April the Chavez government seized oil fields operated by two European oil giants- Italy’s ENI and France’s Total. This, after the two companies declined to convert their contracts to joint ventures with the state. “These two multinational companies resist adjusting to our law. Our sovereignty isn’t under negotiation”, bellowed Rafael […]

Neftegaz.RU: Energy Ministers From 11 Countries Say Russian Energy Policy Raises Risks for Europe

Eleven energy ministers warned of rising political and commercial risks to Europe’s energy markets as President Vladimir Putin issued a warning to “unconscientious” investors, Agence France Presse reported on Thursday. “The ministers note the recent developments in energy markets and the ever increasing potential risks of a political and commercial nature,” the 11 Black Sea-region […]

Petroleum News: Clash of Canadian heavyweights

Leading producers do battle over TransCanada plans to switch gas pipeline to oil sands; disagree over outlook for gas supplies Gary Park For Petroleum News In the red corner we have, among others, EnCana, Shell Canada, Nexen and Devon Canada. And in the blue corner, ConocoPhillips Canada, Canadian Natural Resources and Suncor Energy. It’s one […]

Ogoni author Ben Wuloo Ikari argues that Shell should be classified as a terrorist organisation

Introduction by Alfred Donovan. Robert Aouad, a guest columnist in a U.S. College publication, recently took issue with a suggestion that Shell Oil should be included in a list of terrorist organisations: the following is an extract from his article published on 22 September 2006.   EXTRACT: As for Shell Oil, who you suggested should be […]

The Times: Oil explorer that struck water in the desert

September 30, 2006    WATER is vital to the recovery of oil — it is used to force the black liquid from hard-to-reach parts. Water is also essential to the survival of the 2.5 million people living in the Thar Desert in Rajasthan, India, the world’s most populous desert. Cairn Energy, the Scottish mining company, […]

Financial Times: Sakhalin-2 fell foul of zealous official

By Arkady Ostrovsky Published: September 29 2006 03:00 | Last updated: September 29 2006 03:00 What do a Soviet pop diva, small country cottage owners and one of the world’s largest oil and gas projects have in common? The answer is simple. They have all become a target for a mid-level official who has built […]

Buenos Aires Herald: Shell shock

Saturday 30 September 2006   HERALD STAFF   The successful government pressure on Shell to suspend its new V-Power diesel pending government authorization of the product sets an alarming precedent for any market economy — would Alexander Graham Bell have felt obliged to seek government authorization before inventing the telephone or the Wright brothers to […]

Daily Yomiuri: Russia’s economic roulette: Gazprom wants more than 50% of Sakhalin II

Saturday 30 September 2006 Yoshikuni Sugiyama The government compiled in May an energy policy outline titled “New National Energy Strategy,” with the aim of increasing its ratio of independent oil development. However, its plan has already taken a battering thanks to a unilateral Russian ruling. The Russian Natural Resources Ministry has decided to cancel the […]

Banking Business Review: French loyalty cards: S’Miles better for Shell

28th September 2006 By Anne Marie Davis Groupe Caisse d’Epargne has joined Shell in S’Miles, a major syndicated retail loyalty card scheme in France. The French retail bank will represent a welcome addition to the scheme for Shell, increasing the number of card touch points for its customers in a market where an independent loyalty […]

Inter Press Service: Sakhalin II brings prostitution, human trafficking, poverty, HIV/AIDS…

Headline: Social Setbacks as Big Oil Expands Pipelines Emad Mekay WASHINGTON, Sep 29 (IPS) – Predominantly foreign male workers who relocated to build massive oil and gas projects, combined with feeble gender policies, have brought  and greater burdens for local communities around those projects, new research finds. This array of problems was found at two […]

The Idaho Observer: Ruthless Exploiters, Inc.: A little poverty never hurt anybody

SEPTEMBER 2006 EXTRACT: According to an article written for Amnesty International: “It’s 10 years since the Nigerian Government executed the well-known Ogoni writer and human rights campaigner Ken Saro-Wiwa. But little has changed for the people of the Niger Delta, reports Seth Jordan… “…Oil was discovered in the Ogoni region in the late 1950s by […] hardly surprising Putin is questioning the viability of Sakhalin II

29 September 2006 Expert comments on the Sakhalin II situation by a Shell Insider… The costs of Sakhalin have doubled, so the payback time is approximately doubled. If 2013 is the new estimate for breakeven, based on a start up in 2008 and $22bn costs, then it is fair to assume that the date should […]

The Russia Journal: Sakhalin Energy violated pipeline route plan – ecology watchdog

Posted By Newsroom On 29th September 2006 @ 10:15 In Home, Economy, Companies, YUZHNO-SAKHALINSK – A stretch of a pipeline in the Sakhalin II energy project has been illegally laid through the territory of a national preserve, Russia’s environmental watchdog said Friday. Oleg Mitvol, the deputy head of the Federal Service for the Oversight of […]

Bloomberg: Chevron’s Gorgon Venture Design Work to Finish in `Few’ Months

By Angela Macdonald-Smith Sept. 29 (Bloomberg) — Chevron Corp. said design work on the $10.4 billion Gorgon liquefied natural gas venture, which has been delayed, is due for completion in the “next few months” in advance of an investment decision in 2007. The number of contractors working on the project is set to fall over […]

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