Posts on ‘January 18th, 2007’

Friday, January 19, 2007. Issue 3578. Page 8. By Robert Skidelsky   Russia’s temporary halt to oil supplies through the pipeline crossing Belarus earlier this month was the latest in a sequence of public relations disasters for the Kremlin. The West’s romance with President Vladimir Putin’s Russia ended with the Yukos affair and since then [...]

Jan. 18, 2007 Russia’s Federal Service for Supervising Natural Resources (Rosprirodnadzor) launched yesterday the probe into the execution of license agreement for development of Kovykta field, which is under TNK-BP’s control. Yesterday, Russia’s Federal Service for Supervising Natural Resources (Rosprirodnadzor) committed its Irkutsk branch to initiate the check of Kovykta field, completing it by January [...]

EXTRACT: “The world’s multinational energy companies are feeling the effects of nationalism, “said Bryan Squibb, Aon U.S. Trade Credit national managing director. “Oil – producing countries are seizing local resources that were once owned by or shared with international oil companies.” “This could be a blanket country action, such as Bolivia’s outright nationalization of the [...]

EXTRACT: …in the meantime a big oil terminal on the southern end of Russia’s Sakhalin Island could open this year, resulting in a spike in eastward oil tanker travel along the route. And the Bush administration’s decision on January 9th to lift a moratorium on oil drilling in nearby Bristol Bay, where Shell hopes to [...]

Eric Watkins Senior Correspondent LOS ANGELES, Jan. 18 — The World Wildlife Fund (WWF) has urged international lending institutions to follow the lead of the European Bank for Reconstruction & Development and not provide loans for the Sakhalin-2 project due to environmental concerns. “The WWF and other international organizations have appealed to potential Sakhalin-2 sponsors [...]

Jan 18th 2007 From The Economist print edition The British oil firm is in trouble. But its rivals face many of the same problems NO ONE calls upon James Baker, an American elder statesman, to solve a trivial problem. George Bush recruited him to defend his interests in Florida during the disputed election of 2000, [...]

Alberta needs at least three, utility says SHAUN POLCZER CALGARYHERALD At least three new pipelines will be needed to move Alberta’s growing oilsands production to new markets in the United States and overseas, a senior official with Enbridge Inc. said Wednesday. Those are on top of a 400,000barrel per day (bpd) link to the U.S. [...]

Posted on : Thu, 18 Jan 2007 16:27:59 GMT | Author : Energy News Editor   MOSCOW, Jan. 18 Russian regulators said Thursday they will inspect Sakhalin-1 in late February or March to see if Exxon Neftegaz Ltd. Co. is complying with environmental law. The inspection was scheduled to be carried out last October, but [...]

EXTRACT: The move by Rosprirodnadzor suggests that Kovykta’s fate could mirror that of Shell’s $22 billion (euro17 billion) project on Sakhalin island, off Russia’s Pacific coast. After a barrage of environmental probes led by Mitvol, Shell and its Japanese partners agreed in December to sell a controlling stake to Gazprom. The Associated Press January 18, [...]

By Kelpie Wilson t r u t h o u t | Environmental Editor Thursday 18 January 2007 Are we in Iraq to bring freedom to the Iraqi people, as Bush says, or are we in Iraq to preserve the “easy motoring” freedom of American consumers by staking our claim to Iraq’s oil? For those [...]

EXTRACT: MEND said that it was planning to stop taking hostages and begin focusing on using sabotage and bombings to cripple the oil industry. By Julie Ziegler and Karl Maier Jan. 18 (Bloomberg) — One Italian and five Chinese hostages being held by two different groups in Nigeria were released today amid continued violence in [...]

By Winnie Zhu Jan. 18 (Bloomberg) — Royal Dutch Shell Plc said it has agreed with a privately owned Chinese company to build retail service stations in southwestern China to tap rising demand for auto fuels in the world’s second-biggest car market. Shell will team up with Chongqing Shuorun Petroleum Co Ltd. to build a [...]

By Anthony DiPaola Jan. 18 (Bloomberg) — Chevron Corp. and Royal Dutch Shell Plc led the largest publicly traded oil companies in crude discoveries last year as Eni SpA and ConocoPhillips were among the least successful, Sanford C. Bernstein & Co. analysts said. Oil companies had to drill deeper to find fields, which are increasingly [...]

*Oleg Mitvol turns his attention to BP  17:17 | 18/ 01/ 2007  MOSCOW, January 18 (RIA Novosti) – Russia’s environmental watchdog will check compliance with license agreements on the Kovykta natural gas deposit in East Siberia, at which TNK-BP [RTS: TNBP] holds licenses in late spring, an agency official said Thursday. “The probe will start [...]

*(Dr John Huong may wish to take note of this article in connection with the defence of the High Court action brought against him collectively by EIGHT Royal Dutch Shell companies for alleged defamation relating to articles posted under his name on this website: the next hearing takes place on 8th February 2007) Run Date: [...]