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Posts on ‘November 9th, 2006’

ShellNews.net: A Shell Insider comment on the email correspondence with Shell General Counsel Richard Wiseman

09 November 2006 From a Shell Insider John I hate to admit it, but I almost wonder if Richard Wiseman is actually part of the 95% of Shell who are competent, honest and ethical….unlike the other 5% who dominate the senior management positions…   Or is he perhaps mellowing with the prospect of early retirement [...]

Itar-Tass: Russian ministry gets Sakhalin Energy’s nature conservation plan

09.11.2006, 22.01   MOSCOW, November 9 (Itar-Tass) – Sakhalin Energy company, the operator of Sakhalin-2 offshore oil and gas project has filed a plan of nature conservation measures with the Russian Ministry of Natural Resources, Igor Ignatyev, the company’s vice-president for corporate issues said. “The plan was compiled with account of results of a recent [...]

PressZoom: Shell Oil president discusses new fuels, energy security (*large portion of PR BS by ‘The Hof’ – one f short of being a legend)

Shell Oil isn’t just about oil anymore. The multinational company has invested $1 billion in wind over the last decade, owns companies working on solar and hydrogen technologies and will soon announce the acquisition of an entity that uses municipal waste to produce biofuel.   (PressZoom) – “With these, we could go a very long way [...]

BBC News: Russia launches criminal probe at TNK-BP

TNK-BP contributes considerably to BP’s output Russia has launched a criminal probe into alleged breaches of licences at Rospan – a unit of TNK-BP, the oil and gas firm 50%-owned by BP. It follows a move to revoke two of Rospan’s gas licences in Siberia due to alleged environmental violations. Some analysts have said Russia [...]

The Edmonton Journal: Devon’s oilsands project costs jump by a third

Project to add output important for U.S. firm Bloomberg: Thursday, November 09, 2006 Devon Energy Corp., the biggest independent oil and natural-gas producer in the U.S, said costs to double output at an Alberta oilsands project may be about a third higher than the initial stage. Adding daily output of 35,000 barrels a day by [...]

ShellNews.net: email received from Royal Dutch Shell General Counsel, Richard Wiseman on letter authenticity

Richard Wiseman is Shell General Counsel (Mergers & Acquisitions). Formally a Shell director, Mr Wiseman to his credit, has acquired a global reputation (with our help), as a purveyor of candid admissions on behalf of Shell. EMAIL FROM JOHN DONOVAN TO RICHARD WISEMAN Wednesday 8 November 2006  Dear Mr Wiseman I understand that the letter printed [...]

Irish Times: Campaign against Shell project for Corrib gas

Published: Nov 09, 2006 FIRST LETTER Madam, – The dismissal by Minister for the Marine Noel Dempsey of Shell to Sea’s initiative as reported by Lorna Siggins (Nov 7th) is most disturbing. This follows his self-serving declaration that the Erris situation is as intractable as that in the North. Let us be quite clear. Shell’s [...]

The Wall Street Journal: Total’s Profit Falls 34% As Production Declines

November 9, 2006; Page D5 PARIS — French oil company Total SA Wednesday reported a 34% drop in third-quarter net profit due to financial effects. Net profit fell to €2.42 billion ($3.09 billion) from €3.65 billion a year earlier. Stripping out financial effects stemming from the takeover of drug maker Aventis by Sanofi-Synthelabo — in [...]

The Wall Street Journal: Oil News Roundup: November 8, 2006 4:48 p.m.

THE WALL STREET JOURNAL ONLINE Crude-oil futures rebounded by nearly $1 a barrel on the New York Mercantile Exchange, settling at nearly $60, as traders assessed declines in U.S. gasoline and diesel-fuel inventories and the possibility of further OPEC production cuts. Here’s Wednesday’s roundup of oil and energy news: * * * ELECTION’S ENERGY IMPACT: [...]

The Independent (UK): Prosecutors seek to strip BP of Russian licence

EXTRACT: BP is not the only British firm facing political turbulence in Russia; Shell’s involvement in the offshore Sakhalin-2 gas project is attracting its fair share of political interference too. Prosecutors have accused the Shell-led consortium of numerous environmental violations and have raised the spectre of significant financial damages as well as the possible withdrawal [...]

Budapest Sun: István Kapitány appointed Shell VP

(István Kapitány, Vice President of Shell’s retail business in central, southern and eastern Europe) November 9, 2006 – Volume XIV, Issue 45  István Kapitány, the former chairman and chief executive of Shell Hungary, has been appointed Vice President of Shell’s retail business in central, southern and eastern Europe. “As far as we know, no Hungarian [...]

San Gabriel Valley Tribune: Kathleen Welch: A choice we can’t afford to ignore

By Kathleen Welch San Gabriel Valley Tribune   LAST month, the nation’s leaders were still debating whether they could afford to tackle global warming. Today, they should be asking whether they can afford not to. A groundbreaking new study by Sir Nicholas Stern, former chief economist for the World Bank, found that uncontrolled climate change [...]

Planetark.com: Netherlands Moves to Make Biofuels use Mandatory

NETHERLANDS: November 9, 2006 AMSTERDAM – The Dutch government will publish new legislation by next week, introducing compulsory blending of biofuels with diesel and petrol from the start of next year, the environment ministry said on Wednesday.  The rules, first announced late last year, will from Jan. 1 require blending of petrol and diesel at [...]

Chinapost.com: China builds desert highway to tap oil field

Thursday, November 09, 2006   2006/11/9 By Winnie Zhu SHANGHAI, Bloomberg China will complete a highway across the world’s biggest sandy desert, near the ancient Silk Road, six months before schedule to tap oil fields in the west of the country and reduce reliance on imports. The road across the Taklamakan desert, near China’s nuclear bomb [...]

MarketWatch: Shell U.S. president: Current Congress should pass OCS bill

HOUSTON (MarketWatch) — The U.S. Congress should open new areas to offshore drilling before new lawmakers take their seats next year, Royal Dutch Shell PLC’s (RDSB.LN) U.S. unit president John Hofmeister said Wednesday. “We do hope that the current Congress does pass the OCS bill before the end of the current term,” Hofmeister told Dow [...]