Email from John Donovan to Shell CEO, Jeroen van der Veer Friday 3 November 2006 Dear Mr Van der Veer As you may be aware, our website www.royaldutchshellplc.com, is one of two recommended by Fortune Magazine for information about Royal Dutch Shell – the other being www.shell.com I therefore wondered if you would care to [...]
Posts on ‘November 2nd, 2006’
AFX News: Russian ambassador says Kremlin’s environment concerns on Sakhalin-2 genuine
LONDON (AFX) – Russian Ambassador to London, Yury Fedotov, today denied that environmental issues on the 20 bln usd Sakhalin-2 oil and gas project in Siberia were being used to cover the Kremlin’s desire to take a greater stake in the project. In a briefing to journalists Fedotov said that the environmental issues flagged up [...]
MarketPlace:PublicRadio: Nigeria’s oil curse
On 29 October 2006 protesters shut down an oil pumping station in the Niger Delta. It’s one of the richest oil regions in the world, but residents don’t benefit much. Host Kai Ryssdal talks to documentary filmmaker Sandy Cioffi who just returned from the area. TEXT OF INTERVIEW KAI RYSSDAL: Nigeria is the fifth-largest supplier [...]
MarketWatch: Shell preparing to resume 47,000 barrels a day of output from Nigeria units
Last Update: 6:38 AM ET Nov 2, 2006 LONDON (MarketWatch) — Royal Dutch Shell (RDSB.LN) is preparing to restart operations at two oil pumping stations in Nigeria with a combined production capacity of 47,000 barrels a day that were shut for about a week after protesters occupied the stations, a company spokesman said Thursday. “We’re [...]
Financial Post: Shell to pump $12.8b into oilsands
100,000 B/D expansion Claudia Cattaneo, Published: Thursday, November 02, 2006 CALGARY – Shell Canada Ltd., which is evaluating a $7.7-billion bid by parent Royal Dutch Shell PLC to buy minority shareholders, gave formal approval yesterday to a costly expansion of its oilsands project in northern Alberta. The project is going ahead as planned even after [...]
RIA Novosti: Putin prioritizes oil platforms, tankers
MOSCOW, November 1 (RIA Novosti) – Russian President Vladimir Putin prioritized the construction of oil platforms and tankers in the shipbuilding sector Wednesday. “Projects are being implemented for the construction of platforms for the development of oil and gas fields on the continental shelf, and a definite class of tankers,” Putin said, opening a meeting [...]
MosNews: Russia to Gain Billions from Production Sharing Agreements — Official
(Photo from www.exxonmobil.com) 02.11.2006 11:42 MSK (GMT +3) A top Russian government official said on Wednesday, Nov. 1, that oil and gas projects, which are being implemented in Russia’s Arctic and the Far East under production sharing agreements (PSA) will yield billions of dollars for the country. Devised in the 1990s, when oil prices were [...]
The Times: When making a stand is worth so much more than taking a payout
November 02, 2006 By Martin Fletcher Eva Rowe’s parents died in the Texas City refinery blast. She tells our correspondent why she will be seeing BP in court next week Eva Rowe, 22 and unemployed, comes from a small town in Louisiana and sports heavy make-up and streaked hair. She seems an unlikely figure [...]
The Times: Who will clean up on carbon?
November 02, 2006 Camilla Cavendish The demand for new power sources will be the most disruptive force in business since the internet I was chatting to a green friend at Shell this week, expecting him to be excited by the sudden new focus on clean energy. “Actually I’m nervous,” he said. “It’s all coming [...]
The Guardian: BP reshuffles US executives as problems in Alaska hit stock: Brent Coon called for Lord Browne to go to prison over the disaster.
Terry Macalister and Andrew Clark Thursday November 2, 2006 The head of BP’s Alaskan business, Steve Marshall, has become the latest executive to change jobs after the oil company’s problems in North America affected its share price. Mr Marshall is to be replaced as president of BP Alaska by an internal appointee, Doug Suttles, and [...]
Financial Times: BP’s Sakhalin chief to head Alaskan unit
By Lucy Killgren and Ed Crooks: Published: November 2 2006 02:00 | Last updated: November 2 2006 02:00 BP is to replace Steve Marshall, head of its Alaskan arm, after severe corrosion in oil transit lines forced the closure of half of Prudhoe Bay – the biggest oilfield of its troubled US operations – in [...]
Financial Times: Cairn Energy expects to get Ł618m from India float
By Toby Shelley: Published: November 2 2006 02:00 | Last updated: November 2 2006 02:00 Cairn Energy expects to receive gross cash proceeds of at least Ł618m from the sale of 30.5 per cent of its Indian operations when they are floated on the Bombay Stock Exchange in December. The UK company disappointed some investors [...]
Reuters: Shell Canada says gas find smaller than expected
CALGARY, Alberta, Nov 1 (Reuters) – Shell Canada Ltd. (SHC.TO: Quote, Profile, Research) said on Wednesday that a gas find it made in 2005, touted as one of Western Canada’s largest in recent years, appears to be much smaller than originally thought. Shell Canada, target of a C$40-a-share bid from parent Royal Dutch Shell (RDSa.L: [...]
Bloomberg: Russian Oil Output, Exports Fall on Price Drop, Shell Probe
By Garfield Reynolds Nov. 2 (Bloomberg) — Russia’s oil output and exports fell in October after world prices fell and the government threatened to halt work at a Royal Dutch Shell Plc project that’s the nation’s biggest foreign energy investment. Average daily oil output during the month was at 9.711 million barrels a day, or [...]
The Wall Street Journal: Safety Issues Loom for Norwegian Oil
Safety Issues Loom for Norwegian Oil Updates for Lifeboats And Offshore-Rig Rules Snag Global Market By IAN TALLEY November 2, 2006 OSLO — A workplace-safety controversy in the Norwegian oil industry that has roiled global oil markets may continue to do so in the months ahead. During the past 18 months, problems with lifeboats have [...]
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