Posts on ‘April 21st, 2007’

Vol. 12, No. 16� Week of April 22, 2007 On April 17, Shell Exploration & Production Co. received its third national award since the end of March when the U.S. Department of the Interior presented the oil and gas major with its annual SAFE award. SAFE, which stands for Safety Award for Excellence, recognizes offshore [...]

Vol. 12, No. 16� Week of April 22, 2007 Kristen Nelson Leasing moved farther offshore in the Shell-dominated Beaufort Sea outer continental shelf lease sale held April 18 in Anchorage. Total high bids were $42,165,195 in Minerals Management Service sale 202. All but a handful of tracts receiving bids are out beyond existing OCS leases. [...]

SINGAPORE – Royal Dutch Shell is sticking to its downbeat view of refining margins at the end of this decade, despite a wave of project delays and cancellations that has brightened the outlook, a top executive said on Friday. Major construction or expansion plans worldwide have been dropping at an accelerated rate this year due [...]

Oil companies may have less of this stuff getting in their way. (AP/Prentice Danner) April 20, 2007, 5:03 pm Posted by WSJ.com Staff The rapid melting of Arctic ice is opening up new waters to oil exploration, furthering the world�s use of fossil fuels � and contributing to more global warming and still more Arctic-ice [...]

Alex Brummer column Published: Apr 20, 2007 The timing of the assault by Aviva on the Russian savings market could have been better. Having failed to match its competitor the Pru in China, one of the fast expanding BRIC economies, Aviva fancies its chances in Russia where it has a connection dating back to 1856 [...]

Anton McNulty, Published: Apr 21, 2007 Suggestions that Shell E&P Ireland held a series of formal consultation meetings with residents living near the Bellanaboy site regarding the decision to cold-vent the gas rather than flare it have been described as an “insult to the intelligence of the people”. On the fifth day of the Environmental [...]

Lorna Siggins Published: Apr 21, 2007 A north Mayo farmer who was jailed over his opposition to the Corrib gas pipeline and an Icelandic businessman who lobbied the Government to implement the new ban on driftnetting for salmon are among six winners of the Goldman Environmental Prize. Willie Corduff, one of the “Rossport five”, and [...]

JUAN KARITA, Published: Apr 21, 2007 The military retook a control station on a pipeline that sends natural gas to Argentina and were slowly restoring operations after days of violent protests at gas installations in southern Bolivia, the government said late Friday. Juan Ramon Quintana, chief of staff for President Evo Morales, told a news [...]

Published: Apr 21, 2007 SHELL have been accused of “insulting the intelligence” of local people in Mayo. Locals near the Bellaghaboy site were reacting after Shell E&P Ireland (SEPIL) held a series of formal meetings regarding the decision to cold-vent the offsore gas rather than flare it. On the fifth day of the Environmental Protection [...]

By Chris Flood Published: April 21 2007 03:00 | Last updated: April 21 2007 03:00 London’s InterContinental Exchange is to launch a contract for Middle Eastern sour crude oil futures to compete with the contract that will trade on the Dubai Mercantile Exchange. The DME intends to start its contract in June, but ICE, which [...]

(Lacking fuel for cooking, many people in the Niger Delta resort to using the heat from pipeline gas flares. A child dried cassava over burning gas.) By JAD MOUAWAD Published: April 21, 2007 PORT HARCOURT, Nigeria � There are few safe places left for oil companies in the Niger Delta, the epicenter of this country�s [...]

Leader Saturday April 21, 2007 Whatever their stripe, most businesses’ favourite colour is green. Big companies queue up to announce initiatives for cutting their carbon footprint. Timberlands, the rapper’s boots of choice, are sold with “nutrition labels” relating the amount of energy used in their manufacture and how much of it is renewable. British Gas [...]