Terry Macalister Tuesday June 5, 2007 Vladimir Putin turned up the pressure on Britain’s biggest company yesterday saying it was intolerable that BP and its local partners were “doing nothing” to meet their obligations by fully developing Kovykta, a huge gas field in Siberia. The president’s words will increase fears within BP that the state [...]
Posts on ‘June 4th, 2007’
THE HERALD (Scotland): Putin rattles sabre at BP over delays in gas project
MARK WILLIAMSON June 05 2007 Vladimir Putin waded into the row about the $20bn (£10bn) Kovykta gas field, saying he had lost patience with BP and its partners, heightening fears the big oil and gas company could lose at least part of its investment. Following threats by Russian regulators to revoke the licence for the [...]
AFX News Limited: Total, Shell, Esso, Elf charged with dangerous handling of fuel at Nice Airport
06.04.07 PARIS (Thomson Financial) – Total, Royal Dutch Shell, Exxon Mobil unit Esso and Total division Elf are all to appear in court on Sept 25 charged with dangerous storage and handling of kerosene fuel at Nice Airport in southern France, legal sources told Agence France-Presse. According to the public prosecutor, the companies have [...]
Bangkok Post: Shell seeks to expand presence in Thailand
ARANEE JAIIMSIN 4 June 2007 Royal Dutch Shell Plc, a worldwide group of oil, gas and petrochemical companies, is looking to buy petrol stations in Thailand after failing to acquire Conoco’s Jet retail businesses. Acquiring new stations would expand Shell’s distribution network in a country where the retail margins are low, said Rob Routs, Shell’s [...]
DOB Magazine: Robert Gies: How Shell First Tripped Over Saskatchewan’s Oilsands
June 4, 2007 When I was only eleven years old, growing up in Hamilton, Ontario, I knew instinctively that I would have a career in the petroleum industry as a geologist. I know that sounds a bit strange but it turned out that way. I enjoyed hard rock geology and mineralogy. However, even Frank Beales’ [...]
Reuters: Shell’s Pearl GTL plant should start end ’09-Qatar
Mon Jun 4, 2007 5:55 PM BST MADRID, June 4 (Reuters) – A multibillion dollar gas-to-liquid fuel plant being built in Qatar by Royal Dutch Shell should be operational by the end of 2009, Qatar’s energy minister said on Monday. “We are on schedule and hopefully at the end of 2009 it will be operational,” [...]
JAX DAILY RECORD: Shell president: ‘The last days of affordable gas are behind us’
06/04/2007 by Mike Sharkey Staff Writer The price of gasoline is certainly one of the biggest issues facing both the United States and the world. According to Shell Oil President John Hofmeister, the current $3 a gallon gas price can be directly attributed to two things: America’s dependency on foreign oil and the federal government’s [...]
UpstreamOnline: Russia loses patience over Kovykta
(Fed up: Putin said Russia has lost patience with BP and others over Kovykta field) By Upstream staff Russia has run out of patience with Russian billionaires and oil major BP over their repeated delays in bringing the giant Kovykta gas field on stream, President Vladimir Putin said today. “I would like to stress that [...]
The Roanoke Times: That old, familiar feeling in Iran
By Tommy Denton Once upon a time, the British crown so frowned upon certain aspirations among its colonists in America that the Redcoats waged an unsuccessful war to quell the usurpations. For the Americans, what began as a tea party finished in the birth of a new nation, the sovereign people determined to be masters [...]
Irish Times: Reprieve for BP over gas project
Published: Jun 04, 2007 Energy multinational is likely to lose out to the state in battle for control of Siberian gas field, writes Conor Sweeney in Moscow BP has won a reprieve in its battle to retain control of a vast Siberian gas field, valued at 16 billion, despite expectations that it would lose its [...]
Irish Times: Seeing Chavez in context
Published: Jun 04, 2007 Madam, – I would like to congratulate you on your leader article in today’s paper (May 30th) urging a balanced view of Hugo Chavez’s rule in Venezuela. In recent times, all the media coverage has been uniformly negative and I suspect that this is prompted by multinational oil companies and banks. [...]
Financial Times: Pension pooling: a con, or for pros?
EXTRACT: Unilever is among the big multinational schemes that have already carried out pooling. Shell and Nestlé are also believed to be looking at it. By Kalpana Fitzpatrick Published: June 4 2007 03:00 | Last updated: June 4 2007 03:00 Cross-border pension pooling has been a hot topic for a couple of years but only [...]
GulfNews.com: Russian chill cast doubts over new oil investment
Published: 04/06/2007 12:00 AM (UAE) Reuters London: A frostier climate for private investors in Russia, holder of the world’s largest natural gas reserves, is likely to stop oil firms from pressing ahead with new projects there. BP’s Russian venture is facing the loss of the licence for the Kovykta gas field. The move follows Kremlin [...]
Bloomberg: Gazprom May Thwart Putin Drive for Russian Energy Dominance
By Lucian Kim June 4 (Bloomberg) — Four corporate heavyweights are arrayed before Russian President Vladimir Putin in his Kremlin office. Sitting across a white oval table from Putin are Shoei Utsuda and Yorihiko Kojima, chief executive officers of Japan’s largest trading companies, Mitsui & Co. and Mitsubishi Corp.; Jeroen van der Veer, head of [...]
The Wall Street Journal: Tougher Rhetoric: Shell and BP investments in Russian energy
June 3, 2007 6:03 p.m. Excerpts from an interview Russian President Putin gave a small group of G-8 journalists on June 1, 2007. On Shell and BP investments in Russian energy: [Shell's contract on Sakhalin] was a colonial agreement. It had nothing in common with the interests of the Russian Federation. I regret that at [...]


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