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Posts from ‘April, 2007’

Financial Times: Urals Energy sure on reserves report

By Ed Crooks in London and Catherine Belton in Moscow Published: May 1 2007 03:00 | Last updated: May 1 2007 03:00 Urals Energy, the oil and gas company, has said it is confident it will not run into trouble with the Russian government, in spite of its report yesterday of a 400 per cent […]

FT REPORT – GRADUATE RECRUITMENT: Industry builds new image

By Miranda Green, Financial Times Published: May 01, 2007 When it comes to attracting those graduates who want to work in engineering, the traditionally glamorous areas of automobile, aerospace and defence still seem to hold the trump card. “It’s the boys’ games,” says Oliver Viel of Trendence. “Aeroplanes, rockets and cars still interest them the […]

Financial Times: Tigers’ homemade air force delivers new threat to Colombo

By Joe Leahy in Mumbai Published: May 1 2007 03:00 | Last updated: May 1 2007 03:00 An attack by the fledgling air force of Sri Lanka’s Tamil Tiger separatists has thrown the island’s international airport into disarray, with foreign carriers suspending or altering flights for fear of being caught up in an escalating air […] Europe up on merger activity

POSTED: 1841 GMT (0241 HKT), April 30, 2007 LONDON, England (Reuters) — European shares rose on Monday on a fresh wave of merger activity, including a proposed tie-up between Germany’s Deutsche Boerse and U.S. equity options market International Securities Exchange. Cable & Wireless Plc — one of the top gainers among UK stocks — rose […]

Reuters: FACTBOX-Disputed maritime oil and gas areas in Asia

Monday April 30, 6:17 PM April 30 (Reuters) – Maritime disputes may hold up prospective energy developments in Asia for years or decades despite high oil and gas prices, but analysts say joint development is still on the cards. Here is a factbox on some of the disputed areas. GREATER SUNRISE — East Timor/Australia The […] Jiffy Lube and Pennzoil Team Up to Give Drivers More Than They Pay For

Jiffy Lube and Pennzoil Offer Drivers Free Oil Change in First-Time Buy-One-Get-One-Free Promotion HOUSTON, April 30 /PRNewswire/ — As the busy summer driving season approaches, Jiffy Lube(R) and Pennzoil(R) are giving drivers an easier way to make an important change — to their motor oil. Between April 29 and June 4, 2007, drivers who visit […]

Reuters: AmeriGas to buy US propane distribution business of Shell

April 30 (Reuters) – AmeriGas Partners L.P. said its operating partnership has agreed to acquire U.S. propane distribution business of Royal Dutch Shell. The terms of the deal were not disclosed The sale is expected to occur during the second quarter. The business, Shell Gas (LPG) USA, sells over 13 million gallons of propane annually […]

Business Times (Malaysia): Petronas, Dutch firm in LNG pact

Kamarul Yunus, Published: Apr 30, 2007 PETROLIAM Nasional Bhd (Petronas) is interested to participate in the development of infrastructure for liquefied natural gas (LNG) and gas storage projects in the Netherlands. The national oil company signed a memorandum of understanding (MoU) with N.V. Nederlandse Gasunie (Gasunie) recently that will pave the way for future collaboration […]

AFX Europe (Focus): Local authority pension funds oppose Shell’s remuneration report

Published: Apr 30, 2007 LONDON (Thomson IM) – The 75 bln stg Local Authority Pension Fund Forum (LAPFF), whose members own over 1 pct of shares in Royal Dutch Shell, has urged its pension fund members to vote against the company’s remuneration report at its annual general meeting on May 15. The Forum is recommending […]

The New York Times: Jazz Festival Gets Support

Monday April 30, 2007 The New Orleans Jazz & Heritage Festival has attracted its first long-term corporate sponsor, The Associated Press reported. Organizers said the sponsorship of Shell Exploration and Production, an energy development company, would keep the event from being scaled back as New Orleans recovers from the devastation of Hurricane Katrina. “It changes […]

Vanguard (Nigeria): NNPC, Shell dares CBN on Forex transactions

By Babajide Komolafe Monday, April 30, 2007 The Nigerian National Petroleum Corporation (NNPC) and Shell Development Petroleum Comapny are on a collision path with the Central Bank of Nigeria (CBN) over foreign exchange transactions rules. The two companies,  it was gathered, have been flouting the directives of the apex bank that firms selling foreign exchange […]