Posts on ‘January 27th, 2007’

Safety fears, Russian disputes, escalating costs, falling prices… It’s no time for ‘big oil’ to be going to the City By Tim Webb Published: 28 January 2007 BP and Shell face a grilling from the City, after enduring a year to forget, when they make their annual strategy presentations in the next 10 days. The [...]

Oil giant faces new accounting crisis as surrender of Russian stake prompts fears of billion-barrel downgrade in declared capacity Oliver Morgan, Industrial Editor Sunday January 28, 2007 Oil giant Shell may be forced to cut the oil and gas reserves on its books by up to a billion barrels after the halving of its stake [...]

28 January 2007   ROYAL DUTCH SHELL will this Thursday come under pressure from investors to reveal the impact of selling half its share in the $22 billion (£11 billion) Sakhalin-2 gas project in Russia. Analysts believe the sale could hit Shell’s oil and gas reserves by 1 billion barrels — almost 9% of its [...]

By Torrey Clark Jan. 27 (Bloomberg) — Russia will submit to parliament a bill that limits foreign ownership in strategic industries, such as oil, gas, metals and defense, in the “coming months,” Russia’s First Deputy Prime Minister Dmitry Medvedev said today. The bill will be “clear, fully balanced and answer all questions that arise in [...]

By Max Lenderman We all know the power of reputation networks. It is how eBay runs its business. A web of comments for or against a particular vendor drives its sales. Overall, people talking about their experiences with a brand, product or service is how commerce will function. Forget advertising. That’s just fluff. The real [...]

ANDREW GREGORY, The Mirror Published: Saturday Jan 27, 2007 A CAMPAIGNER who spent three months in jail battling oil giant Shell was defiant last night despite the latest setback. The Environmental Protection Agency yesterday gave the firm permission to run a pipeline from the offshore Corrib gas field. It paves the way for Shell to [...]

Published: Jan 27, 2007 THE decision to grant a licence to oil giant Shell for the controversial Corrib Gas refinery will be fought ‘to the bitter end’ by local objectors. While yesterday’s preliminary decision by the Environmental Protection Agency (EPA) to give the green light to the 200m facility has been welcomed by Shell and [...]

Published: Jan 27, 2007 OPPONENTS of the Corrib Gas pipeline can still object to the project and stop Shell from getting a licence to develop facilities in Co Mayo. Despite the Environmental Protection Agency proposing to issue the necessary licence, people opposed to the project still have 28 days in which to lodge objections. Shell’s [...]

Lorna Siggins, Published: Jan 27, 2007 The Environmental Protection Agency (EPA) decision on an integrated pollution prevention and control licence for the Corrib gas project has been welcomed by the Corrib gas partners and criticised by An Taisce and the Shell to Sea campaign in north Mayo. Leo Corcoran, consultant to An Taisce, said the [...]

David Prosser, Published: Jan 27, 2007 When commuters on rush-hour trains from Bristol to Bath returned to work after the Christmas break, they had no idea that within weeks they would be leading the fightback for disgruntled rail passengers around the country. Yet such was the anger about the performance of First Great Western (FGW), [...]

By Graham Bowley Published: January 27 2007 02:00 | Last updated: January 27 2007 02:00 Andy Hines is stuck in traffic. Predictable enough for Houston at rush hour, but frustrating none the less. The 44-year-old gesticulates with a wiry, tattooed arm at the lines of red tail- lights forecasting a slow drive ahead, but focuses [...]

EXTRACT: Many British residents work in the oil and gas sector for companies such as Shell, living on fortified compounds in the delta region, where they face the threat of kidnap by local militants. The armed gangs, who claim their communities reap no benefit from oil riches, have kidnapped about 60 foreign oil workers this [...]

Aoife Carr The Environmental Protection Agency (EPA) has agreed to licence Shell E&P Ireland to develop its €900 million gas refinery and combustion plant facilities at Bellanaboy Bridge, Co Mayo. The licence will not take effect before a 28-day consultation period during which the public and Shell can lodge objections or requests for oral hearings. [...]

By Juno McEnroe 27 January 2007 SHELL objectors yesterday pledged to continue their fight to move gas works offshore despite an environmental watchdog’s key approval of the Mayo Corrib project. The Environmental Protection Agency (EPA) yesterday gave the green light for Shell’s Bellanaboy gas refinery in Mayo. It said the 400-acre site project “would not [...]