Monday 29 January 2007 The first strategic dialogue between Japanese and Russian vice foreign ministers was held last week in Moscow based on an agreement reached last year between the two nations’ foreign ministers Will it be a new start for Japan-Russia relations that have been somewhat stagnant recently? It is important not only to [...]
Posts on ‘January 28th, 2007’
Reuters: Iran signs $10bn LNG deal with Repsol, Shell
Posted: Sunday, January 28, 2007 Tehran Iran said it had signed an initial deal worth $10 billion with Spain’s Repsol and Royal Dutch Shell to produce liquefied natural gas (LNG) from the South Pars gas field. Gholamhossein Nozari, head of state-owned National Iranian Oil Company(NIOC), was quoted by Iran’s student news agency ISNA as saying [...]
Reuters: Shell’s Ollila says Bush fuel cut target falls short
Sun Jan 28, 2007 10:36 AM GMT HELSINKI, Jan 28 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile , Research) chairman Jorma Ollila believes a target set by U.S. President George W. Bush to cut fuel use does not go far enough, the oil group chief said in an interview published on Sunday. International business [...]
Reuters: SAKHALIN BLOW HITS SHELL’S RESERVES
Sunday 28 January 207 Analysts have warned that Shell (RDSb.L: Quote, Profile , Research)(RDSa.L: Quote, Profile , Research) may have to drastically reduce the amount of oil and gas reserves it claims to have. Having agreed with the Russian government to sell half of its 55 percent stake in Siberian gas project Sakhalin-2 to Russian [...]
Sakhalin blow hits Shell’s reserves: Oil giant faces new accounting crisis as surrender of Russian stake prompts fears of billion-barrel downgrade in declared capacity
BY OLIVER MORGAN INDUSTRIAL EDITOR, The Observer – United Kingdom Published: Jan 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 in the Russian Sakhalin-2 joint venture, according to analysts. Shell was forced to [...]
BBC Monitoring Service (UK): Kazakh greens urge government to restrict oil extraction in Caspian
Published: Jan 28, 2007 Text of report by Kazakh Channel 31 TV on 25 January [Presenter] The Caspian Sea is facing an environmental disaster. This statement was made during public discussions in Aktau. Local environmentalists say that the careless attitude of oil producing companies is behind such an unpleasant forecast. They urged the government to [...]
BBC Monitoring Service (UK): Iran strikes multi-billion-dollar deal with UK, Spanish firms amid US sanctions
Published: Jan 28, 2007 Excerpt from report by Iranian Students News Agency (ISNA) website Tehran, 28 January: The agreement to develop phases 13 & 14 of the South Pars gas field was signed between the heads of the National Iranian Oil Company and the two companies of Shell and Repsol this evening. The 4.3-billion-dollar deal [...]
The Scotsman: Shell to reveal biggest ever profit by a British firm
SCOTLAND ON SUNDAY Sunday 28 January 2007 GUY DIXON OIL giant Royal Dutch Shell is expected to unveil the biggest profit ever recorded by a British company this week, clocking up earnings of up to $25bn. But analysts say attention will focus on what Shell’s chief executive Jeroen van der Veer is doing to [...]
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