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Posts on ‘October 12th, 2006’

The Guardian: Warming will cost trillions, says report

· Damage forecast to cost 8% of global GDP by 2100 · UK ‘faces droughts and floods costing billions’ Larry Elliott, economics editor Friday October 13, 2006 Failure to take action to combat climate change will cause environmental catastrophe and cost the global economy $20 trillion (£10.8 trillion) a year by the end of the […]

Philippine Daily Inquirer: More than just CEOs, communicators, too: ‘Shell Tipid Tips’

By: Tina Arceo-Dumlao Published: Oct 13, 2006 ICONIC EXECUTIVE officers such as Apple Computers Steve Jobs, General Electrics Jack Welch, Microsofts Bill Gates and Chryslers Lee Iacocca have another thing in common aside from being geniuses at marketing, management and finance. They were all great communicators. CEOs like them understood that they are also being […]

Asia Pulse: INDIA’S GSPC PICKS 4 ENERGY GIANTS FOR STAKE SALE IN GAS BLOCK

Published: Oct 13, 2006 NEW DELHI, Oct 13 Asia Pulse – Gujarat State Petroleum Corp (GSPC) has called for bids by November 2 from four shortlisted global energy majors including Chevron, British Petroleum and ENI for selling 30 per cent stake in its gas rich KG-OSN-2001/3 block off the east coast. “Financial bids will be […]

AP Worldstream: Oil rises above US$58 a barrel after Norway shuts down two offshore platforms

By: GILLIAN WONG, Published: Oct 13, 2006 Oil prices rose Friday on news that U.S. heating oil inventories fell and that Norway ordered production shut down at two offshore platforms, sharply reducing flows from the world’s third-largest oil exporter. Light, sweet crude for November delivery gained 33 cents to US$58.19 a barrel in Asian electronic […]

Post and Courier Charleston: Shell to shut local facility: 78 to lose jobs as company moves operation

Thursday, October 12, 2006 BY MICHAEL BUETTNER  Shell Oil Products U.S. is closing its North Charleston lubricants operation and eliminating the jobs of the 78 people who work there in a move to concentrate production at its other facilities around the country. The company is working with employees to help them through the transition, said […]

Alaska Journal of Commerce: Exxon Mobil wrangles with Russian government over permits, acreage

By Tim Bradner For Web posting Sunday, October 15, 2006 YUZHNO, Russia – Shell’s big Sakhalin 2 project isn’t alone in having political problems with the Russian government. The Exxon Mobil-led Sakhalin 1 group now has its own set of challenges. The consortium is loading the first export tanker at the new De Kastri oil […]

Alaska Journal of Commerce : Oil, gas transforming Russian Far East

(Russian construction crews lay brick tiles in late September for a sidewalk in front of the new Exxon office building in downtown Yuzhno-Sakhalinsk in Russia’s Far East. PHOTO/Rob Stapleton/AJOC)    By Tim Bradner    YUZHNO, Russia – This gritty city on the south end of Sakhalin Island, Russia’s oil-rich province in its far east, shows the […]

Alaska Journal of Commerce: Despite hurdles, Shell says Sakhalin project is on target

  (Shell Oil’s Ian Craig discusses the future of the Sakhalin 2 project at a late September conference in Yuzhno in Russia’s Far East. PHOTO/Rob Stapleton/AJOC)   For publication Sunday 15 October 2006   By Tim Bradner    YUZHNO, Russia – Sakhalin Energy Investment Co., the Shell-led consortium developing the $20 billion Sakhalin 2 liquefied natural gas […]

Duke University: Shell Oil President To Speak at Duke on Oct. 19

John D. Hofmeister will offer his vision for ensuring that the United States has the energy it needs to meet future demand Thursday, October 12, 2006 Durham, NC — John D. Hofmeister, president of Shell Oil Company, will give a free public talk, “How Can the U.S. Ensure Energy Supply for the Future?”, at Duke […]

Houston Chronicle: Global Warming Fight Helps Economy-Report

Oct. 12, 2006, 12:13PM © 2006 The Associated Press LONDON — Combating global warming won’t bankrupt Britain’s economy and could be worth billions for business, says an oil company-sponsored report released Thursday. The cost of action will amount to 0.3 percent of Britain’s economic output, but that works out to business opportunities worth $55 billion […]

Interfax: Foreign auditors shouldn’t be hired to audit Russian budget – Stepashin

Oct 12 2006 3:45PM MOSCOW. Oct 12 (Interfax) – Chairman of the Audit Chamber Sergei Stepashin has spoken out against hiring foreign auditing companies to audit the use of the Russian budget. “I think it is a totally wrong idea to hire auditing companies, including foreign firms, to audit the use of the budget,” he […]

ChennaiOnline: Shell’s new retail fuel station

Chennai,Oct 12: Shell India Marketing Ltd, a wholly owned subsidiary of the Royal Dutch/Shell Group today launched a new retail fuel station in Chennai. The retail station is the company’s 18th in the country and the sixth in Chennai, Paul Stone, vice president, retail strategy and portfolio, Shell International Petroleum Co.Ltd said. The new retail […]

RosBusinessConsulting: Natural Resources Minister to visit Sakhalin

RBC, 12.10.2006, Moscow 19:36:35.Russian Natural Resources Minister Yury Trutnev will go on a working trip to Sakhalin on October 24-26 to examine the results of the Sakhalin-2 environmental inspection, the ministry’s press office reports. The Minister will also hold a meeting in Khanty-Mansiysk to consider compliance with environmental requirements during the development of the region’s […]

International Herald Tribune: Germany gets leading role as Russia strategic partner

By Judy Dempsey International Herald Tribune Published: October 12, 2006   BERLIN As both sides of the Atlantic compete for reliable energy sources, Russia appears to be playing Europe against the United States by favoring Germany as its most important strategic partner and the main transit country for Russian gas to lucrative markets in Western […]