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Posts on ‘October 13th, 2006’

Petroleum News: Russia dumps U.S. LNG market

Gazprom rejects all bids for $20B Shtokman project; gas to Europe, not U.S. Ray Tyson For Petroleum News 15 October 2006 Russia has rejected assistance from some of the world’s most experienced offshore players, including U.S. majors ConocoPhillips and Chevron, to help develop its giant $20 billion Shtokman gas project on the Russian side of […]

Daily Mail: Shell in hot water

Friday 13 October 2006 ROYAL Dutch Shell’s safety record came under attack after a Norwegian regulator ordered it and a rival operator to stop production on two offshore rigs because of concerns about lifeboats. Shell, which operates the Draugen facility, and Statoil, which runs Snorre, were told several ‘free fall’ lifeboats needed to be strengthened. […]

Itar-Tass: Sakhalin-2 environmental damages to be assessed by Oct 25

13.10.2006, 17.35   MOSCOW, October 13 (Itar-Tass) — The Federal Nature Usage Supervisory Service will finalize the assessment of Sakhalin-2 environmental damages on October 25, service deputy head Oleg Mitvol told. “Updated information about environmental damages” resultant from the Sakhalin-2 project will be posted on that day, he said. “The Prosecutor General’s Office has received […]

RIA Novosti: Environmental damage from Sakhalin II to be assessed in 2007

19:28 | 13/ 10/ 2006  USINSK (Komi Republic) October 13 (RIA Novosti) – Russia’s environmental watchdog said Friday the entire ecological damage from the Sakhalin II oil and gas project in the country’s Far East will be evaluated in late summer 2007. The vast hydrocarbon project, led by Anglo-Dutch oil major Shell, has met with […]

RIA Novosti: Russia’s financial watchdog to probe Kharyaga project next year-1

16:21 | 13/ 10/ 2006  (Adds paragraphs 4-11) MOSCOW, October 13 (RIA Novosti) – Russia’s financial watchdog is planning to look into the production-sharing agreement on the Kharyaga oil field in northern Russia next year, the head of the Audit Chamber said Friday. The Kharyaga deposit, which is being developed by the French oil major […]

Arizona Republic: Shell Oil chief pushes alt-fuels, oil exploration: *Hofmeister worried Shell could cause food shortages

Mark Shaffer Oct. 13, 2006 12:00 AM The president of Shell Oil Co. said that the company is no longer researching alternative fuels in edible plants because of fears that mass production could lead to food shortages in this country. “We are already criticized for high gas prices,” John Hofmeister said. He is speaking to […]

IrelandOn-line: SF: Dublin manager should explain Shell deal

13/10/2006 – 14:17:51  Sinn Féin’s environment spokesperson for Dublin South East, Daithí Doolan has called on the Dublin city manager to explain the alleged fuel deal that Dublin City Council has with Shell Oil. Speaking today from City Hall Cllr. Doolan said: “If true, it is unacceptable that any such deal exists. “Last year Dublin […]

The Scotsman: Shell says has put right most Sakhalin violations

(A worker inspects a pipeline that is part of the Sakhalin-2 project, some 220 km (137 miles) north of Yuzhno-Sakhalinsk on Sakhalin Island, October 12, 2006. Royal Dutch Shell says it has taken less than a month to clear all ecological violations on Russia’s Pacific island of Sakhalin as the group’s $20 billion (10.7 billion […]

St Petersburg Times: Exxon’s Sakhalin-1 Broke PSA

Friday 13 October 2006 Reuters   MOSCOW — The Audit Chamber said Friday that the ExxonMobil-led Sakhalin-1 energy project had broken many terms of its production sharing agreement.The agency, which supervises the use of government finances, said in a statement that the group had started oil production two years later than expected and still had […]

Bloomberg: Royal Dutch Shell PLC, Exxon, Chevron, BP Among Companies Seeking Libya Oil Permits

By Maher Chmaytelli Oct. 13 (Bloomberg) — The world’s biggest energy companies, including Exxon Mobil Corp., BP Plc and Chevron Corp., are among 47 corporations that qualified to bid in Libya’s third auction of oil drilling rights. Libya will auction the permits on Dec. 20. They give the permit holder the right to search for […]

Bloomberg: Statoil, Shell Shutting Two Oil Platforms in Norway (Update4)

By Beate Evensen and Stephen Voss Oct. 13 (Bloomberg) — Statoil ASA and Royal Dutch Shell Plc said they were immediately halting production at two oil and gas platforms off the coast of Norway, following an order from the country’s Petroleum Safety Authority. The authority told the companies yesterday to close the Snorre A and […]