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February 9th, 2007:

THE WALL STREET JOURNAL: Oil News Roundup: February 9, 2007 5:16 p.m.

Crude-oil futures rose to a fresh five-week high of nearly $60 a barrel after Nigeria’s state oil company declared force majeure on crude cargoes as part of a government directive to cut output.

Here is Friday’s roundup of oil and energy news:

* * *
CARBON CONTEST: Sir Richard Branson announced a $25 million prize for the scientist who comes up with a way to extract greenhouse gases from the atmosphere, comparing it to the 17th-century quest to revolutionize navigation by determining longitude. The Virgin Group chairman was joined by former Vice President Al Gore and other leading environmentalists as he announced the challenge to find the world’s first viable design to capture and remove carbon dioxide from the air. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Unison.ie: Shell to Sea campaign plans national protest in Dublin

11:19 Friday February 9th 2007  

Opponents of the Corrib gas pipeline in Co Mayo have announced plans to hold a national demonstration in Dublin later this month as part of their ongoing campaign. The rally by the Shell to Sea group will be held on Saturday, February 24th.

Last month, the Environmental Protection Agency announced its intention to grant a licence for the refinery being built in Bellanaboy by Shell.

Local residents have been holding a series of demonstrations in the area to highlight their ongoing opposition to the project, which they say puts the community in danger.
  read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Time Magazine: Terror-Free Investing Aims at Iran

By Adam Zagorin/Washington

If it helped isolate apartheid-era South Africa, why couldn’t it do the same for Iran? That’s the question some U.S. and Israeli officials are posing, as they ramp up efforts to get big institutional investors to divest themselves of any companies that do business with Tehran.

As part of this escalating war by other means, former Israeli prime minister Benjamin Netanyahu recently visited the U.S. and met with representatives of U.S. pension funds, whom Netanyahu encouraged to stop investing in any company that does business with Iran. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Calgary Herald: Husky, Shell may unite to recover oil

CALGARY (CNS) — Husky Energy Inc. says it may team up with Royal Dutch Shell on research to recover oil trapped in limestone, but a commercial oilsands project is still a long way off.

CEO John Lau said Tuesday his company is reviewing different technologies to access the vast reserves believed to be buried underground in limestone rather than the sand that makes up most oilsands deposits in northern Alberta.

Royal Dutch, the parent of Shell Canada Ltd., staked out new oilsands territory last year, picking up $465 million in leases in Northern Alberta last year under a new subsidiary called SURE Northern. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Financial Post (Canada): Shell directors back $45 takeout bid

BY CLAUDIA CATTANEOCalgary Bureau Chief
Financial Post
[email protected]

CALGARY • CIBCWorldMarkets, hired by Shell Canada Ltd. directors to evaluate a minority takeout bid from its parent, values its shares at between $42 and $48, a directors’ circular said yesterday.

A committee of directors, headed by Derek Burney , agreed to back a $45 price because it’s in the mid-range of the fair market value range determined by CIBC, they said in the circular.

In addition, the directors supported the $45 bid because it represents a substantial premium (37.2%) over the share price before Royal Dutch Shell PLC made its first bid, at $40, last October. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

International Herald Tribune: BP’s Russian joint venture given 3 months to fix violations at giant gas field

The Associated Press
Published: February 9, 2007

MOSCOW: Russia’s subsoil agency has given BP PLC’s Russian joint venture three months to fix licensing violations at its giant Kovykta natural gas development or risk losing the license to develop the field, Russian environmental regulator Oleg Mitvol said Friday.

Observers say that intense regulatory pressure on Royal Dutch Shell PLC’s Sakhalin-2 project led to the company selling a controlling stake to Russian gas monopoly OAO Gazprom, and suggest Kovykta could be next as President Vladimir Putin’s Kremlin seeks to expand its control over key energy projects. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UpstreamOnline: Red alert in Port Harcourt

By Barry Morgan

Security and political risk consultancy Control Risks confirmed today that the Nigerian federal government has put all available security agents on “red alert” in the oil hub of Port Harcourt in the country’s oil-rich Niger Delta.

The move follows Wednesday’s kidnapping in broad daylight of a subcontractor working for Total and that of a Filipino woman on her way to a bank in the same city, located in Rivers State.

A British oil worker taken hostage some time ago was released this week on health grounds this week, but various militant groups which claim they are fighting for resource control of the region’s oil still hold a US national, two Italians, a Lebanese citizen and 24 Filipino crew members who were abducted in the Chanoni Channel in Delta State. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

thebusinessonline: Britain needs to move away from unstable energy suppliers

By the end of this decade, Britain will have become an importer of both natural gas and oil, a radical change for a country used to plentiful North Sea reserves. By 2020, Britain will be relying on potentially unreliable and politically unstable suppliers – principally Algeria and Russia – for most of its energy.

It is because of these worrying trends, rather than any mushy-headed obsession with sticking to the faulty Kyoto protocol on climate change, that Britain must urgently undergo a radical shift in its energy policy to ensure that it always has access to enough energy to meet its needs, for no more than the market price. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Houston Chronicle: Oil Companies Discuss Energy Challenges

By JOHN PORRETTO AP Business Writer
© 2007 The Associated Press
Feb. 9, 2007, 12:23PM

HOUSTON — With dwindling oil supplies, pollution concerns and the ever-present threat of gas prices soaring again, talk of new and better ways to fuel our cars, heat and cool our homes, and power our factories has never been greater. What’s more, the conversation is emanating increasingly from a source that’s been surprisingly quiet until recently _ the oil companies themselves.

When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas _ as well as alternatives to fossil fuels _ will dominate the discussion. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

peopleandplanet.net: Bush opens up Alaskan bay for oil exploration: ‘Sakhalin II widely recognized as an ecological and economic debacle’

Posted: 09 Feb 2007

The Bush Administration has lifted the restriction on development at Alaska’s Bristol Bay to allow oil and gas exploration and drilling. This overturns decades of bipartisan protection of the Bay which is the backbone of Alaska’s fishing economy as well as home to critical habitat for numerous endangered and threatened species.

In Alaska, Royal Dutch/Shell has been the main proponent for opening Bristol Bay. As currently envisioned by Shell, the project would include offshore platforms and subsea pipelines in the heart of the nation’s largest fishery and endangered right whale habitat. It would also involve an overland pipeline across a national wildlife refuge, a natural gas liquefaction plant on the remote Alaskan Peninsula, and tankers transiting endangered Steller sea lion critical habitat. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bloomberg: Shell, Exxon Mobil Begin Pumping Gas From Dutch Wetland Fields

By Fred Pals

Feb. 9 (Bloomberg) — Royal Dutch Shell Plc and Exxon Mobil Corp. started pumping natural gas from a Dutch wetland that contains as much as 20 billion cubic meters of the fuel.

Shell and Exxon’s joint company has licenses to explore and produce for three decades in blocks in the Wadden Sea to supplement production from the venture’s aging Dutch Groningen field. Only 60 wells have been drilled in the area in 60 years.

The venture, Nederlandse Aardolie Maaschappij BV, or NAM, received permits to extract gas in the Wadden Sea area off the Dutch coast after the government accelerated the approval process for 32 licenses. NAM currently produces gas from three small fields in the area under permits it received in the 1980s. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Do you have grounds for a lawsuit against Shell? Have you, your firm or family been cheated or injured by Shell?

If the answer to any of the above questions is yes, then you may find this article by John Donovan to be of interest…

The first difficulty faced by potential litigants considering suing Shell, is finding a law firm with the required resources which does not have a conflict of interest and is willing to confront an opponent quite literally prepared to stop at nothing.

In this connection we may be able to assist by providing introductions at law firms with a track record of winning cases against Shell, who may in some cases, be willing to work on a contingency fee basis. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

RIA Novosti: Russian, Japanese companies sign deal on LNG deliveries

13:07 | 09/ 02/ 2007 

TOKYO, February 9 (RIA Novosti) – Osaka Gas has signed a preliminary agreement with Sakhalin Energy, the operator of a vast oil and gas project off Russia’s Pacific Coast, on long-term deliveries of liquefied natural gas (LNG), the Japanese company said Friday.

According to the agreement, signed in Moscow Thursday, the operator of Sakhalin II will supply 200,000 metric tons of LNG annually for 23 years, beginning in April of 2008.

LNG will be delivered to Japan’s fourth-largest LNG buyer, from a plant which is in the final stages of construction in the south of Sakhalin Island and which will have a capacity of 9.6 million tons a year. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

UPI: Energy Watch

By ANDREA R. MIHAILESCU
UPI Energy Correspondent

WASHINGTON (UPI)

Putin: Russia over-reliant on raw material exports

President Vladimir Putin told Russia’s most influential businessmen the country is over-reliant on raw materials and called on companies to move toward producing higher-value exports.

Putin said unprocessed raw materials accounted for a rising share of exports, increasing from 80 percent in 2000 to 85 percent in 2005.

“This tendency should worry the business community as much as it does the government,” he said. “We must learn not only to profitably export crude oil, gas, ore and timber – we need to process these natural resources within the country and export valuable, high-tech products.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Irish Times: Alternative energy will succeed only if profitable

Published: Feb 09, 2007

Ground Floor: The report from the Intergovernmental Panel on Climate Change last week concluded that people are responsible for global warming and our past actions may have effects for centuries to come. It has become a chain reaction which we can’t stop; we can only modify our behaviour so we don’t make things even worse, writes Sheila O’Flanagan

Of course modifying our behaviour means taking a certain level of responsibility for our actions and admitting that we are part of the problem – which seems to be the hardest thing for most of us to do. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Financial Times: Russia’s soothing words fail to calm fears over new cartel for natural gas

By Carola Hoyos in London
Published: February 9 2007 02:00 | Last updated: February 9 2007 02:00

Viktor Khristenko, Russian energy minister, this week dismissed as a “fantasy” the idea that Russia might form an Organisation of the Petroleum Exporting Countries-style cartel for natural gas with Iran, Algeria and other countries.

His thoughts echo those of Abdullah bin Hamad Al Attiyah, Qatar’s energy minister, and other leaders of gas-producing countries, who have tried to reassure European politicians and Nato analysts that there will be no gas-style Opec. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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