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Posts on ‘October 7th, 2006’

Sunday Telegraph: Green business ‘could be worth $1 trillion’

EXTRACT: …the campaign group added that it wants Shell to “seriously diversify into renewable energy” rather than “putting its efforts into bragging about being green”. THE ARTICLE By Liam Halligan (Filed: 08/10/2006) New research suggests that global commerce could receive a ($1 trillion) £530bn boost from “green business” over the next five years as concerted […]

Sunday Telegraph: Greenwash: *Shell

EXTRACTS: When environmental campaigners speak of CSR campaigns with more “spin” than “substance”, Shell, BP and other oil giants are not far from their lips… Shell also puffs its £541m investment into solar and wind power over the past five years. Actually, that sum is worth just 1.1 per cent of the company’s total capital […]

The Observer: It’s high time British companies got on the brand wagon

*Shell ranked at 89 out of 100 in the Interbrand Best Global Brands 2006 rankings; the lowest ranked oil company. Will Hutton Sunday October 8, 2006 We live in the age of the brand. Whether it’s the Conservative party’s new oak tree logo, on ample display in Bournemouth as purported evidence of a change of direction, […]

Reuters: Outspoken Putin critic shot dead in Moscow

(Russian journalist Anna Politkovskaya speaks at a news conference in Moscow in this February 27, 2001, file photograph. Politkovskaya, an outspoken critic of President Vladimir Putin, was shot dead on Saturday at her apartment block in central Moscow, police said. REUTERS/Alexander Natruskin/File) Oct 7, 4:57 PM (ET) By James Kilner MOSCOW (Reuters) – Russian journalist […]

The Sunday Times: Red tape stifles free trade by the back door

EXTRACTS: The Russians, who are clamouring for admittance to the WTO on the grounds that theirs is a market economy eligible to sit at the table of free-trading nations, are using environmental regulations and national laws to wring concessions from international oil companies. Vladimir Putin’s government contends that Total’s licence to explore in the Arctic […]

The Sunday Times: Corrib gas protesters are walking all over the supine gardai

October 08, 2006 Comment: Liam Fay    According to protesters against the proposed Corrib gas terminal, the deployment of gardai at the site is a “waste of taxpayers’ money”. The more belligerent and intransigent the Bellanaboy demonstration becomes, however, the more economical the police presence appears. Call it a civics lesson for slow learners. Throughout […]

The Sunday Times: Shell to Sea leader receives a poor school report

October 08, 2006 Mark Tighe   BY day she is the headmistress of a primary school in Mayo; in her spare time she is a member a protest group harassing one of the world’s largest oil companies. But is Maura Harrington’s work suffering because of her extracurricular activities?    A Department of Education inspection report […]

Time Magazine: Royal Dutch Shell: The Diplomats of Oil: Monday, May 9, 1960

(See Cover) STORY: The Diplomats of Oil Along the steaming, mud-covered delta of Africa’s Niger River, bare-chested men labored amid crocodiles and screaming parrots this week to push shafts of steel deep into the earth. On the choppy waters of the Persian Gulf, others perched on a crablike platform and sent a snag-toothed bit boring […]

MarketWatch: Shell Oil Company and Richard Childress Racing Announce Primary Sponsorship

Chase Contender Kevin Harvick Takes the Wheel of Legendary No. 29 Chevy for Shell and Pennzoil Beginning in 2007 in NASCAR Nextel Cup Last Update: 1:53 PM ET Oct 7, 2006 TALLADEGA, Ala., Oct 07, 2006 /PRNewswire-FirstCall via COMTEX/ — Shell Oil Company announced the brand’s return to NASCAR today through a multi-year primary sponsorship […]

Gulf Times (Qatar): Japan loses ‘its control’ of Iranian oil gem Azadegan

EXTRACT: Long-standing US sanctions threaten action against foreign companies that invest heavily in Iran’s energy sector, but firms such as Royal Dutch Shell and Italy’s ENI have run major projects there without incurring Washington’s wrath. The sanctions were extended by Congress last weekend. THE ARTICLE Published: Saturday, 7 October, 2006, 09:44 AM Doha Time    […] Shell to up its profile in the United States

OCTOBER 7, 2006 GM Goodwrench, Dale Earnhardt’s primary sponsor between 1988 and his death in 2001, is believed to be cutting back on its sponsorship of Richard Childress Racing at the end of the current season, as the company looks more and more to controlling its spending in the face of serious economic problems. In […]

The Washington Post: ‘Royal Dutch Shell engaging with human rights groups so as not to be perceived as complicit in atrocities’

Children play in the North Darfur refugee camp of El Sallam on Wednesday Oct. 4, 2006. Some 80,000 refugees survive in El Sallam and the nearby camp of Abu Shouk, with humanitarian workers struggling to provide aid amid growing violence and security problems.(AP Photo / ALFRED DE MONTESQUIOU) (Alfred De Montesquiou – AP) THE ARTICLE […]

Itar-Tass: Storm warning issued for Kuril Islands, Sakhalin

07.10.2006, 09.10    YUZHNO-SAKHALINSK, October 7 (Itar-Tass) — A powerful cyclone with violent winds is moving from Japan to the Kurile islands and Sakhalin. The storm with heavy rains will hit the Southern Kuriles late on Saturday. The wind speed will exceed 120 kilometres an hour. Waves in the Sea of Okhotsk and the Pacific […]

New York Times: New Indonesia Calamity: A Man-Made Mud Bath (*Mr Oleg Mitvol take note: this could happen in Sakhalin!)

(Sigit Pamungkas/Reuters Houses in Sidoarjo, in Indonesia, were inundated by mud late last month, the result of a natural gas drilling project that has gone awry. ) *Introduction by a Shell Insider: This is what is known as a “well control incident”. An earthquake in Sakalin could cause the same thing to happen there (and earthquakes […]

Midland Reporter-Telegram: Shell president uses personal touch to explain prices

EXTRACT: In an accounting scandal in 2004-2005, Shell reduced its proven oil reserves, a move that continues to drag on profits. The company reserved $500 million in its second quarter to cover shareholder class action lawsuits. THE ARTICLE 10/07/2006 Associated Press LITTLE ROCK — If gasoline prices continue to drop, shareholders of Royal Dutch Shell […]

Petroleum News: coal-to-liquids study in works for Beluga coal

EXTRACT: Peterson said the relatively large size of the initial plant reflects not only the extensive track record in CTL technology of Sasol of South Africa and Shell, two companies interested in investing in the plant, but also the scope of competing projects around the world that have attracted renewed interest, thanks to high oil prices. […]

Vedomosti: Eni subsidiary accused of environmental violations on Sakhalin

It has now become clear why Italian energy firm Eni was so alarmed by the environmental conflict around the Sakhalin 2 energy project in Russia’s Far East. One of its subsidiaries is a project contractor, and is accused of illegal deforestation by the Russian environmental authorities. The General Prosecutor’s Office will now look into the […]

Petroleum News: Canada, U.S. assert Arctic claims: not yet a Cold War but a decided chill is developing…

Both countries push ahead with plans to deploy military icebreakers to region as melting ice sets stage for pursuit of Arctic’s resources; Washington rejects Ottawa’s insistence that the Northwest Passage is an internal waterway Gary Park For Petroleum News 8 October 2006 It’s not yet a Cold War between Canada and the United States in […]

Petroleum News: Petro-Canada opts for caution: Neil Carmata on Shell Canada’s Athabasca cost overruns…

Won’t plunge into Fort Hills until it has a solid fix on budget; once you issue a price tag ‘you can’t wear an overrun’ says Carmata; cost estimate possible in early ’07, approval maybe in ’08 Gary Park For Petroleum News 8 October 2006 One of the key strategic thinkers behind Petro-Canada’s plans to unlock […]

The Wall Street Journal: Oil News Roundup: week ending October 6, 2006

THE WALL STREET JOURNAL ONLINE October 6, 2006 6:21 p.m. Oil futures slid lower amid uncertainty over whether the Organization of Petroleum Exporting Countries will cut output to shore up prices. The front-month November crude-oil contract fell 27 cents to settle at $59.76 a barrel. Here is Friday’s roundup of oil and energy news. OPEC […]

RIA Novosti: Sakhalin PSA gives Russia 10% max. share – Audit Chamber

20:00 | 06/ 10/ 2006  MOSCOW, October 6 (RIA Novosti) – Russia will receive no more than 10% of hydrocarbon output under the Shell-led Sakhalin II project off Russia’s Pacific coast given the way the project has been implemented in 2005 and 2006, Russia’s financial watchdog said Friday. Sakhalin II is being run under a […]

The Guardian: £21m ransom demand for oil workers kidnapped in Nigeria

David Pallister Saturday October 7, 2006 Intense negotiations were continuing last night to secure the release of four British oil workers who were kidnapped by a gang of armed militants in southern Nigeria. The men were among seven seized while drinking in a bar inside an Exxon Mobil residential compound in the town of Eket […]

Irish Times: Corrib/Shell: Keeping up the pressure

Published: Oct 07, 2006 Despite clashes with gardaI, anti-pipeline protesters won’t give up, reports Lorna Siggins , Western Correspondent Katie Melua would have aroused some interest if she had flown into north Co Mayo this week – and not for her distinctive singing. The 22-year-old set a new world concert record this week by performing […]

Financial Times: Japan loses out on massive Iranian oilfield amid fears of US sanctions

By Gareth Smyth in Tehran Published: October 7 2006 03:00 | Last updated: October 7 2006 03:00 Japan’s Inpex announced yesterday it had lost the leading role in developing Iran’s huge Azadegan oilfield, with its share of the $2bn (€1.6bn, £1.1bn) project slashed from 75 to 10 per cent. Talks had failed to overcome fears […]

Financial Times: Steady as she goes: 12. LINDA COOK Executive director, Shell Gas and Power

By Andrew Hill Published: October 6 2006 10:45 | Last updated: October 6 2006 10:45 In-depth: Top 25 business women How do women get to the top of the male-dominated corporate ladder? Differently from men, according to Anne Lauvergeon, chief executive of Areva, the world’s biggest nuclear energy company. Speaking at last year’s inaugural Women’s […]

ThisDayOnline: Niger Delta: Shell Shut-in Another 9,000 Bpd

By Crusoe Osagie with agency Reports, 10.07.2006 Rising hostilities between soldiers of the Joint Military Task Force and militants in the Niger Delta has forced Shell to shut in another 9,000 barrel per day of oil production. The closure of the Ekulama 1 flow station east of the Niger Delta was the first impact on […]

Kommersant: Audit Chamber Says Russia’s Profits from Sakhalin-2 Paltry

(Chairman of the Russian Audit Chamber Sergey Stepashin Photo: Alexander Miridonov) Oct. 07, 2006 Russia will get the smallest possible revenue from the Sakhalin-2 project which works on a production sharing agreement, the Russian Audit Chamber said. Experts believe that the new claims have been made to prompt the Sakhalin Energy operator to review the […]

Kommersant: Sakhalin Region: GENERAL INFORMATION

Sakhalin Emblem Sakhalin Region is spread over 59 islands. It was formed within its present boundaries on January 2, 1947, out of the former Sakhalin Region, Khabarovsk Territory, and territories that became Russian possessions after the victory over Japan in the Second World War. The region includes Sakhalin Island, the adjoining small islands, and the […]