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Posts on ‘September 28th, 2006’

International Herald Tribune: Shell ordered to halt premium diesel fuel sales in Argentina

EXTRACT: Last year, President Nestor Kirchner called on Argentines to boycott Shell after it raised local prices amid rising oil costs. Shell quickly nudged pump prices back down after government-aligned protest groups marched on its stations and sales slumped. THE ARTICLE The Associated Press: Published: September 28, 2006 BUENOS AIRES, Argentina The Argentine unit of Royal […]

International Herald Tribune: Shell ordered to halt premium diesel fuel sales in Argentina

EXTRACT: Last year, President Nestor Kirchner called on Argentines to boycott Shell after it raised local prices amid rising oil costs. Shell quickly nudged pump prices back down after government-aligned protest groups marched on its stations and sales slumped. THE ARTICLE The Associated Press: Published: September 28, 2006 BUENOS AIRES, Argentina The Argentine unit of Royal […]

The Washington Post: Warming trend is hatching a business

EXTRACT: No one is on the sidelines in Europe. Power generators now count greenhouse gases — measured in metric tons of carbon dioxide — as one of their costs. “It’s going to change the way you make decisions about deploying capital,” says Garth Edward, trading manager for environmental products at Royal Dutch Shell PLC, which […]

Playfuls.com: Sakhalin 2 Oil And Gas Work Causing Great Damage Warns Ecologist

Oil and gas exploration by Royal Dutch Shell and Japanese partners has caused extensive environmental damage on Russia’s far eastern island of Sakhalin, a leading German ecologist said Thursday. Species at risk from drilling and production include the rare grey whales in the Piltun Bay at the north end of Sakhalin, Ralf Sonntag, head of […]

RTE News (Ireland) Shell to modify route of pipeline

28 September 2006 17:56 Shell Ireland says it intends to modify the route of the Corrib gas Pipline in Co Mayo. Lawyers for the company told the High Court that Shell Ireland would do this in consultation with the local community.  The High Court has given Shell Ireland permission to begin the process of discontinuing […]

Houston Chronicle: Russia Watchdog Seeks to Halt Project

Sept. 28, 2006, 11:23AM By ALEX NICHOLSON AP Business Writer © 2006 The Associated Press MOSCOW — Russia’s environmental watchdog called Thursday for pipe-laying work to be halted at a Royal Dutch Shell PLC-led project on Russia’s Far Eastern Sakhalin island even as the country’s foreign minister said any problems could be resolved through dialogue. […]

Daily Mail: Shelling out for takeovers: Shell will have to weigh into the takeover market or risk being gobbled up

EXTRACT: Nevertheless, it is seen as inevitable that at some point Shell will have to weigh into the takeover market or risk being gobbled up itself. THE ARTICLE 28 September 2006 Oil prices may be falling now but the appetite for finding and building reserves is growing. The minor league takeover battle for Australia’s Hardman […]

UpstreamOnline: Lavrov urges Sakhalin partners to talk

By Upstream staff Russia’s Foreign Minister Sergei Lavrov today urged the Sakhalin 2 consortium to resolve a simmering crisis over the $20 billion Shell-led venture by talking with the Russian side. Lavrov told a news conference on Sakhalin island that he had observed “from the management of Sakhalin Energy a sincere wish to resolve these […]

RIA Novosti: Sakhalin II pipeline must be closed – ecology official

16:34 | 28/ 09/ 2006  YUZHNO-SAKHALINSK, September 28 (RIA Novosti) – A deputy head of Russia’s environmental watchdog said Thursday that pipeline construction under the massive Sakhalin II oil and gas project in Russia’s Far East must be stopped. “Further work to build the Sakhalin II pipeline as it has been done to date is […]

KAZINFORM (Japan): Tokyo hopes Moscow is law-guided in handling Sakhalin-2 problems

TOKYO, September 28, 2006. KAZINFORM. – Japan’s government hopes that Moscow will handle the ecological problems confronting the oil and gas project Sakhalin-2 in keeping with Russian laws, First Vice Minister of Economy, Trade and Industry Takao Kitabata said. He told a news conference on Thursday that Tokyo would watch the developments over the project, […]

Reuters: FACTBOX-Russia’s environmental worries on Sakhalin

28 Sep 2006 13:39:50 GMT Source: Reuters MOSCOW, Sept 28 (Reuters) – Russia has ordered a full environmental probe of Royal Dutch Shell’s $20 billion Sakhalin-2 oil and gas development in the Russia’s Far East. Russia’s environment watchdog RosPrirodNadzor says that Sakhalin Energy, the project operator, persistently violates environmental legislation. In 2003, Russia’s State Environmental […]