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Posts on ‘September 15th, 2006’

Daily Mail: Black future lies ahead for big oil: take a look at Royal Dutch Shell

Sam Fleming, 15 September 2006 BP’S troubles with its leaky Alaskan pipes are small beer. For a real glimpse of big oil’s coming travails, take a look at Royal Dutch Shell and its huge project on Sakhalin Island.  Costs at the north Pacific project have doubled to £10.6bn, as the consortium struggles in the harsh […]

RIA Novosti (Moscow): Sakhalin 2 is under a legal siege

Sakhalin 2 may be stopped in its tracks – by the courts 16:11 | 15/ 09/ 2006 MOSCOW. (RIA Novosti commentator Tatyana Sinitsyna) – Sakhalin 2 is under a legal siege. The Federal Service for the Oversight of Natural Resources has filed an action with Moscow’s Presnensky Court demanding the revocation of Order No. 600 […]

The Orange County Register: Shell Oil president speaks in Irvine

John Hofmeister (above) is on a 50-city tour to redress ‘a communication shortcoming with the American people.’ By ANDREW GALVIN Friday, September 15, 2006 IRVINE – Shell Oil Co.President John Hofmeister brought his 50-city U.S. tour to Orange County on Wednesday night, part of an effort to address what he called “a communication shortcoming with the […]

Financial Times: Investors seek BP safety assurances

By Kate Burgess and Rebecca Bream in London Last Update: 4:05 PM ET Sep 14, 2006 Big shareholders in BP are seeking assurances from top executives and board members that recent mishaps and failings in the energy group’s safety record in the US are not symptoms of a systemic problem. Morley Fund Management, its fifth […]

The Wall Street Journal: Exxon, Shell Are Pressed To Review Russia Pacts

The Wall Street Journal: Exxon, Shell Are Pressed To Review Russia Pacts Regulatory Scrutiny Mounts As Oil Deals’ Special Terms Irk Some Moscow Officials By GREG WALTERS and GREGORY L. WHITE September 15, 2006; Page A8 MOSCOW — A pair of multibillion-dollar energy projects in Russia led by Exxon Mobil Corp. and Royal Dutch Shell […]

The Wall Street Journal: Russian’s Slaying Jeopardizes Cleanup

By MICHAEL CONNOLLY September 15, 2006 Last year, Andrei Kozlov shut down 14 dodgy Russian banks, this year 44. Thursday’s assassination of this tireless campaigner against money laundering could impair efforts he spearheaded as Russia’s deputy central-bank chairman to clean up Russia’s banking sector after a string of financial crises wiped out the savings of […]

The Wall Street Journal: Oil News Roundup: September 14, 2006 5:18 p.m.

THE WALL STREET JOURNAL ONLINE September 14, 2006 5:18 p.m. Crude-oil futures tumbled for the eighth time in the past nine sessions on the New York Mercantile Exchange, settling at nearly $63 a barrel, as supply concerns continued to ebb. Here is Thursday’s roundup of oil and energy news. * * * ANADARKO SHEDS CANADA […]

The New York Times: BP, Shell close on drilling changes

Administration says it’s not willing to force new deals By EDMUND L. ANDREWS New York Times WASHINGTON — The Interior Department, struggling to prevent the government from losing billions of dollars in royalties for oil and gas produced in publicly owned waters, said Thursday it was close to agreement with Royal Dutch Shell and BP, […]

Itar-Tass: Russia’s Lavrov to present energy diplomacy at conference

MOSCOW, September 14 (Itar-Tass) – Russian Foreign Minister Sergei Lavrov will speak at the 10th international conference Oil and Gas of Sakhalin on September 27. He will present in his report “priorities of Russia’s energy diplomacy on the Eastern track, including prospects for deliveries of fuels to countries of the Asia Pacific region”, the Russian […]