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Posts on ‘October 14th, 2006’

The Voice of Russia: GAZPROM TO PLAY BIG OFF SAKHALIN

Saturday 14 October 2006   Japan’s leading corporations fully endorse the idea of Russia’s Gazprom giant joining the Sakhalin 2 project. A statement to this effect has just been made by representatives of Mitsui and Mitsubishi companies both of which have a stake in the joint venture to extract oil and gas of Russia’s Far […]

The Wall Street Journal: Crude Climbs On Norway Outage, OPEC Plans

EXTRACTS: In Norway, authorities shut down three offshore oil fields that together produce 280,000 barrels a day, as a result of a lack of approved lifeboats. Norwegian state-controlled Statoil ASA shut down the 115,000-barrel-a-day Snorre A and the 85,000-barrel-a-day Vigdis fields, while Royal Dutch Shell PLC halted production at the 80,000-barrel-a-day Draugen field. Statoil said […]

The Wall Street Journal: Norway’s Statoil Is Fined by SEC Over Iran Affair

EXTRACT: Separately, Norwegian safety officials upheld an order to shut down two offshore oil platforms, owned by Statoil and Norske Shell ASA, the Norwegian branch of Royal Dutch Shell PLC, because of defects in their lifeboat systems. The order will delay production of about 280,000 barrels per day of oil, or some 10% of the […]

The Wall Street Journal: Oil News Roundup: October 13, 2006 4:49 p.m.

THE WALL STREET JOURNAL ONLINE October 13, 2006 4:49 p.m. Oil prices surged again, settling at $58.57 a barrel on the New York Mercantile Exchange on news of a production shutdown in Norway and OPEC plans to cut production. Here is Friday’s roundup of oil and energy news: * * * ANGOLA’S OIL BOOM: Chevron’s […]

The Times: Norwegian lifeboat failures push up price of crude oil

October 14, 2006 By Carl Mortished, International Business Editor   THE discovery by safety regulators of faulty lifeboats on two Norwegian oil production platforms pushed the price of crude oil above $59 per barrel yesterday. Statoil is closing the Snorre A platform for between seven and ten days and Shell said that it would close […]

Daily Telegraph: Database: Energy: Saturday 14 October 2006

• A protester trying to prevent workers from entering the site of a Royal Dutch Shell natural-gas terminal in western Ireland was injured and taken to a hospital, according to a member of the protest group. • Russia and Kazakhstan will set up joint ventures in nuclear energy, pooling as much as $10bn of assets […]

Irish Times: Russian government considers stripping licences from Lukoil

EXTRACT: Markets were sceptical that Russian environmental authorities, who have waged a fierce campaign against Royal Dutch Shell’s giant Sakhalin-2 project, would actually remove licences from a Russian oil giant. THE ARTICLE Oct 14, 2006 Russia’s government, keen to show it is not only targeting foreigners for environmental breaches, said yesterday it might strip up […]

Irish Times: Protests over Mayo pipeline

Oct 14, 2006 Madam, – Joe Murray, co-ordinator of the NGO Afri (October 11th), repeats known untruths about Shell. Ken Saro Wiwa and eight colleagues were arrested and – after a rigged trial – executed in 1995 by Nigeria’s brutal military dictatorship of the day, not for “trying to protect their people and land” [ […]

Irish Times: Corrib protesters detained as unrest continues

Oct 14, 2006 Lorna Siggins, Marine Correspondent Two people detained in Belmullet, Co Mayo, yesterday in relation to a complaint about intimidation over the Shell Corrib gas project were released last night and a file is to be sent to the DPP. The two, a man in his sixties and a woman in her thirties, […]

Irish Independent: Protester injured in Shell site incident

Oct 14, 2006 A LEADING Shell-To-Sea protester who was injured when gardai tried to prevent demonstrators from blocking a road last night accused officers of being heavy-handed. Campaigner Maura Harrington suffered a head injury as the early morning blockade at the entrance to the Bellanaboy refinery site in Co Mayo. She fell to the ground […]

Financial Times: Contract killers return to Russia: (‘with the state moving back into business… the lucrative energy and commodities sectors… violence could increase’)

By Neil Buckley in Moscow Published: October 14 2006 03:00 | Last updated: October 14 2006 03:00 Do four contract killings in a month – including a senior central bank official and a crusading investigative journalist – show Russia is reverting to its “Wild East” days of the 1990s? Experts on Russian crime see no […]