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Posts on ‘October 3rd, 2006’

BBC News: Oil workers kidnapped in Nigeria

  (A range of gangs and militant groups operate in southern Nigeria) Five oil workers have been kidnapped in southern Nigeria’s oil-rich Delta region, officials say. The three Britons, one Indonesian and one Romanian were reportedly abducted near the Exxon Mobil oil company’s offices in Eket town in Rivers state. Oil workers are regularly abducted […]

The Guardian: Four British oil workers kidnapped in Delta

Alex Kumi Wednesday October 4, 2006 At least six foreign oil workers were kidnapped last night during an attack on an oil industry compound in Nigeria’s Delta region. The Foreign Office said initial reports suggested four Britons and two Malaysians, as well as another person whose nationality was unknown, were abducted. The workers were taken […]

The Guardian: Kremlin attack dog vows to take on Shell in the battle of Sakhalin

The struggle to wrest control of resources from western companies is the backdrop to tension in Russia and Africa Tom Parfitt in Yuzhno-Sakhalinsk Wednesday October 4, 2006 It was a face-off that seemed to encapsulate the growing conflict between a bullish Kremlin and the foreign oil companies working in Russia. On one side was Oleg […]


03 October 2006 The might of the Irish political, police and media establishment have joined multinationals Shell and Statoil in attempting to force through this highly flawed gas project. They are relying on force (one woman hospitalised this morning), restricting movement (protesters prevented from moving), media lies (about IRA involvement) and PR Spin (about a […] UNIONS TELL LEADERS: NO GET OUT OF JAIL CARD FOR BOSSES OVER DEATHS AT WORK

DAVID PERRY IN MANCHESTER 08:50 – 29 September 2006   Angry trade union delegates inflicted a third major defeat on Labour leaders yesterday, insisting company bosses must face jail if found personally responsible for deaths at work. Oil company executives would have been in danger of being liable to imprisonment over the Piper Alpha disaster […]

The Moscow Times: Shell, Other Investors to Meet Over Their Sakhalin Troubles

Wednesday, October 4, 2006. Issue 3511. Page 7. Reuters TOKYO — Royal Dutch Shell, Mitsui and Mitsubishi will meet this week to discuss how to respond to Moscow after Russia ordered a halt to their $20 billion Sakhalin-2 oil project last month citing environmental concerns, Mitsubishi said Tuesday. Top executives of the three companies will […] Crude oil prices slump under 59 dollars per barrel

Wednesday • October 4, 2006 World oil prices have sunk under 59 dollars, hitting the lowest points for seven and a half months as traders focused on healthy US stocks and a potential end to the Iranian nuclear crisis. Crude futures, which lost about two dollars on Monday, shed 3.0 percent in value on Tuesday […]

AFX News Limited: Shell says nine of the 25 missing contractors in Nigeria released

10.03.2006    LONDON (AFX) – Nine of the 25 contractors of Royal Dutch Shell PLC who were abducted during an attack by armed separatist militants on Monday have been released, a Shell spokeswoman said. ‘We’ve learned that nine of the 25 contractors have just been released,’ she said. The contractors were working on a supply […]

London Evening Standard: Wholesale gas being ‘given away’

3 October 2006 Just days after Scottish & Southern Energy became the latest company to raise household gas and electricity bills, a shortterm supply glut has forced producers to dump gas back on the market. Warm weather has meant demand for gas and electricity to heat homes is extremely low for the time of year. […]

AFP: Japanese released by Russia, recants admission by Kyoko Hasegawa

EXTRACT: Aso pressed Russia over its cancellation last month of a key permit on the huge Sakhalin-2 energy project. Japanese firms hold a 45 percent stake in the mega-project. The halt in the work was widely seen as a Russian attempt to reassert control over its energy resources. “What is important is that the project […]

International Herald Tribune: Russian foreign minister defends environmental probes at Shell’s Sakhalin-2 project

The Associated Press: Published: October 3, 2006   MOSCOW Russia’s foreign minister on Tuesday defended environmental probes of several major oil and gas developments, including a Royal Dutch Shell PLC-led project on Russia’s Far-Eastern Sakhalin Island.   Observers have said the investigations are aimed at securing a better role for state companies as the Kremlin […]

Energy Tribune: Russian Energy Imperialism

By Michael J. Economides September 2006 What Nikita Khrushchev tried to do with nuclear weapons during the Cold War almost half a century ago, Vladimir Putin is doing with oil and gas today. Energy resources are giving Russia a sense of power – and that power may mean more for Russia than economic prosperity. This […] 25 Nigerian Shell contractors missing after attack

Wednesday 04 October 2006  PORT HARCOURT: About 25 Nigerians working for a contractor to Royal Dutch Shell were abducted during an attack on a convoy of boats supplying oilfields, Shell has said. At least three soldiers protecting the convoy were killed when about 70 gunmen in speed boats attacked the barges carrying fuel and other […]

Bloomberg: Shell Wins Two Oil Exploration, Production Contracts in Syria

By Abdulla Fardan Oct. 3 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company by market value, won two contracts to search for and pump oil in Syria, according to the state-run Syrian News Agency. Oil Minister Sufian al-Allaw will sign the contracts with Shell’s representatives in Damascus, Syria’s capital, tomorrow, the agency said […]

Reuters: Talisman to buy Fulmar, Auk Fields in North Sea

CALGARY, Alberta, Oct 3 (Reuters) – Talisman Energy Inc. (TLM.TO: Quote, Profile, Research) is expanding its holdings in one of its main North Sea operating areas by acquiring interests in two oil fields from Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) and Exxon Mobil Corp. (XOM.N: Quote, Profile, Research), Canada’s No. 3 independent oil […] Sakhalin Projects Under Assault

3 October 2006 Given the recent actions of Vladimir Putin’s regime, it’s hardly surprising that it is now meddling with the production-sharing agreements that the government has with ExxonMobil, Shell, and Total on the massive Sakhalin project. The signs have been coming with increasing frequency in the form of edicts or statements from different agencies […]

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