Posts on ‘February 21st, 2007’

21:39 | 21/ 02/ 2007� MOSCOW, February 21 (RIA Novosti) — Gazprom [RTS: GAZP] and Sakhalin Energy, operator of the Sakhalin II oil and gas project off Russia’s Pacific Coast, are working to remedy environmental damage caused by the project, a Gazprom official said Wednesday. The ambitious project, formerly led by Shell, was subjected to [...]

Bangalore, Feb 21: Shell, a chemicals major will have its third technology hub in Bangalore, focusing on cutting edge technology in energy by 2010, a top official said. “We will have a research and development campus spread over 40 acres of land, hopefully by 2010. This will be Shell’s third technology centre besides the ones [...]

Wed Feb 21, 2007 12:39PM EST By Robert Campbell NEW YORK (Reuters) – U.S. regulators have approved Royal Dutch Shell Plc’s plan to drill up to four exploration wells in Arctic waters off the northern coast of Alaska this summer. The Minerals Management Service, which manages federal offshore waters, approved the plans February 15 following [...]

NBR Staff Gas supplier BOC Limited has been given the green light by the Commerce Commission to acquire Shell New Zealand�s LPG holdings � including its LPG business, and its shareholding in Liquigas Limited. BOC is a wholly owned subsidiary of BOC New Zealand Holdings Limited. BOC’s New Zealand business centres on delivering LPG cylinders [...]

Delivery of natural liquefied gas that will be produced in Sakhalin within frameworks of the Sakhalin 2 project are fully oriented towards exports and will help Russia strengthening its positions substantially in Asian-Pacific fuel markets, a source at the Russian Industry and Energy Ministry told a REGNUM correspondent commenting on preparatory works on produce of [...]

02/21/2007 BY IZURU YOKOMURA ANGARSK, Russia–Oil has been good to this riverside city, nestled deep in the heart of southeast Siberia. From humble beginnings just a little more than half a century ago, the city is now awash with oil rubles. Construction is booming. A new glass-walled high-rise that houses Transneft, the state-run oil pipeline [...]

Wednesday, February 21, 2007� 18:55 IST � NEW DELHI: Bharat Petroleum Corp Ltd (BPCL), India’s third biggest state-run refiner, on Wednesday said it will sell 49 per cent stake in Bharat Shell Ltd to partner Shell Overseas Investment BV, a unit of Royal Dutch Shell Plc. “The Board of Directors of the company at its [...]

The Associated PressPublished: February 21, 2007 � Under EU law, cartel practices can lead to fines of up to 10 percent of a participant’s global turnover � money goes into the EU budget and is deducted from national EU contributions. Cartel fines can be contested in the EU high court. Some recipients of the largest [...]

By Julie Ziegler Feb. 21 (Bloomberg) — The Movement for the Emancipation of the Niger Delta, or MEND, is preparing to widen its attack against the Nigerian government and oil companies, the group’s spokesman said. “We understand we can never achieve a just peace without full-scale war against the Nigerian government and oil companies,” MEND [...]

Kamarul Yunus, Published: Feb 21, 2007 SHELL Global Solutions, a unit of oil giant Royal Dutch Shell Group, plans to boost its headcount in Malaysia to 500 by 2008 from 370 now, as it aims to nurture local and regional talents to lead its business teams in future. Its regional operations manager for Asia Pacific [...]

EXTRACT: Gorgon partners – Chevron Corp, ExxonMobil and Shell – announced in 2003 they would build the project at a cost of $11 billion. They have not officially updated the figure but current speculation now puts the cost between $15 and $20 billion. THE ARTICLE PERTH, Feb 21 Asia Pulse – Prime Minister John Howard [...]

By Ed Crooks in London Published: February 21 2007 02:00 | Last updated: February 21 2007 02:00 ExxonMobil has scrapped plans for a multi-billion-dollar gas-to-liquids (GTL) project in Qatar that would have converted natural gas into fuel, lubricant and chemical feedstocks. The cancellation is the biggest setback yet for GTL technology, which its backers hope [...]

Shell Global Solutions, a unit of oil giant Royal Dutch Shell Group, plans to boost its headcount in Malaysia in line with its efforts to nurture local and regional talents, local press reported Wednesday. The company’s regional operations manager for Asia Pacific ( projects) Winfried Arens said the company aims to raise its staff in [...]

By Gargi Chakrabarty February 21, 2007 Energy behemoth Shell wants to build a temporary living quarters for 600 workers near its drilling site in Rio Blanco County as it dramatically ramps up oil shale operations on the Western Slope. The company discussed its plans for the “man camp” at a community meeting on Tuesday in [...]

2007-02-21 09:06:37 – MADRID, Spain, February 21 /PRNewswire/ – – Total, Petrobras Big Winners; BP Drops After Baker Report For the fourth consecutive year, Shell is the world’s best oil company in sustainability, social responsibility (CSR), corporate governance, ethics and transparency, according to the 4th annual oil/gas ranking by the sustainability research and rating firm [...]