Posts on ‘May 10th, 2007’

C.W. Nevius Thursday, May 10, 2007 It has become almost a regular stop for San Francisco tourists. Once they’ve seen the Golden Gate Bridge and the Transamerica Pyramid, they can drive down Harrison Street to see the most amazing sight of all. Regular gas for $4 a gallon. Actually, it is higher than that. At [...]

By Zaidi Isham Ismail bt@nstp.com.my May 11 2007 GULF OF MEXICO: OIL and gas giant Royal Dutch Shell plc is expected to announce a major gas development project in Malaysia. Shell media spokesman Adam Newton said the project is part of the group’s long-term commitment plan in the Asia-Pacific region which includes Malaysia, Brunei and [...]

Associated Press: 05.10.07, 5:59 PM ET   The Energy Department said Thursday it awarded a Royal Dutch Shell PLC subsidiary a contract to add 8.7 million barrels of oil to the nation’s emergency stockpile of crude oil. The company’s Shell Trading Co. unit will provide 50,000 barrels per day over six months starting in August, [...]

Thu May 10, 2007 8:48 PM BST WASHINGTON, May 10 (Reuters) – The U.S. Energy Department said on Thursday it awarded Royal Dutch Shell Plc’s (RDSa.L: Quote, Profile , Research) Shell Trading unit a contract to deliver 8.7 million barrels of royalty-in-kind oil to the Strategic Petroleum Reserve. The Bush administration wants to boost the [...]

Having developed a taste for activism, Pirc found itself challenging corporate beasts including Shell, British Gas and Hanson over issues such as pay and strategy. THE ARTICLE By Sundeep Tucker Published: May 10 2007 22:37 | Last updated: May 10 2007 22:37 She might not manage billions of dollars or fight to join company boards [...]

By Catherine Belton in Moscow Published: May 10 2007 19:01 | Last updated: May 10 2007 19:01 The gavel will come down on Friday on the last asset belonging to former Russian oil giant Yukos, symbolically ending the company’s existence after a tortuous four-year legal battle with the Kremlin. In a bankruptcy auction, the shiny [...]

 May 10, 2007, 12:52 pm Posted by Mark Gongloff You might think a gas station charging more than $4 for a gallon of gasoline is trying to gouge consumers. In fact, Bob Oyster’s Shell station at Sixth and Harrison in San Francisco, which charges $4.33 a gallon for regular unleaded, is trying to gouge a [...]

17:48 | 10/ 05/ 2007  MOSCOW, May 10 (RIA Novosti) – Unitex has bought Yukos’ oil sale companies for 12.46 billion rubles (about $483.5 million) at an auction for the assets of the bankrupt oil firm, a RIA Novosti correspondent reported Thursday. Yukos, once Russia’s largest oil company, was declared bankrupt August 1, 2006, after [...]

Daniel Litvin 10 May 07 Extractive sector stakeholder engagement – the big lessons from derailed projects Crises faced by Shell over the Sakhalin project in Russia and by Asia Energy in Bangladesh illustrate the strategic importance of understanding stakeholder views in all their complexity Societal pressures have the potential to impact on shareholder value in [...]

By Megumi Yamanaka May 10 (Bloomberg) — Showa Shell Sekiyu K.K., the Japanese refining unit of Royal Dutch Shell Plc, said its first quarter profit dropped 72 percent as an unexpectedly mild winter cut demand for fuels such as kerosene. Net income fell to 5 billion yen ($41.7 million) for the three months ended March [...]

Thu May 10, 2007 1:46 PM BST MOSCOW, May 10 (Reuters) – A little-known firm called Yunitex outbid Royal Dutch Shell and BP’s Russian venture TNK-BP at an auction for over 500 petrol stations of bankrupt oil firm YUKOS on Thursday. The mystery company, which faced fierce competition from the two rivals during an auction lasting more [...]

RBC, 10.05.2007, Moscow 15:57:17.Five companies have been admitted for an auction for bankrupt Russian oil company YUKOS’s refined oil product retail enterprises: TNK-Yugra, Versar, Shell-Neft, Unitex, and Neft-Active (representing the interests of Rosneft). A total of six bids have been placed. Promregion Holding also submitted a bid for participation in the auction, but later revoked [...]

Henry K. Lee, Chronicle Staff Writer Thursday, May 10, 2007 Shell Oil has agreed to pay nearly $3 million in penalties for excessive carbon-monoxide emissions from its Martinez refinery in March, Bay Area air-quality regulators said Wednesday. On March 9, three carbon-monoxide boilers shut down, causing excess emissions of about 925 tons of carbon monoxide [...]

AMSTERDAM (Thomson Financial) – Royal Dutch Shell PLC shareholder ABP, one of the largest Dutch pension funds, will not confirm or deny media reports it will vote against the appointment of ABN Amro CEO Rijkman Groenink as a Shell non-Executive director at next Tuesday”s annual meeting. Dutch newspapers reported the claim earlier, citing documents obtained [...]

05.10.2007   ABUJA (Thomson Financial) – A Nigerian court temporarily stopped the sale of two oil blocks in dispute between the government and Anglo-Dutch oil giant Royal Dutch Shell’s Shell Petroleum Development Co Nigeria Ltd. ‘The OMLs (oil mining leases) should not be sold until I give my ruling on the preliminary objection… I repeat, [...]