Posts on ‘June 23rd, 2007’

By Amelie Herenstein AFP: MOSCOW Petroleumworld.com 06 25 07 The planned sale of a Siberian gas field by Britain’s BP to Gazprom is only the latest twist in a Kremlin campaign to reassert control over Russia’s vast energy resources, analysts said Friday. Friday’s announcement of a preliminary agreement on the sale by Gazprom and BP [...]

Oliver Morgan Sunday June 24, 2007 Leading British companies are being accused of supporting a system of apartheid in India by failing to ensure that they treat members of the country’s lowest caste equally. The International Dalit Solidarity Network (IDSN), which campaigns on behalf of the caste, pejoratively known as ‘untouchables’, says UK companies with [...]

6-21-07 2:15 PM EDT LONDON -(Dow Jones)- David Greer, the deputy head of the Sakhalin Energy Investment Co. Ltd., has resigned, a Royal Dutch Shell PLC (RDSB.LN) spokesman said Thursday. Shell, which initially appointed Greer, agreed to relinquish the control of Sakhalin Energy to OAO Gazprom (GSPBEX.RS) last year. The venture operates an oil and [...]

By our correspondent Saturday, June 23, 2007, Jamadi-us-sani 7, 1428 A.H. Karachi: Shell Pakistan and The Citizen’s Foundation (TCF) have signed an agreement to establish schools in the earth quake affected areas of Pakistan. The agreement was signed here recently between Lt. Gen (R) Syed Parwez Shahid, Chief Executive (TCF) and Zaiviji Ismail, Managing Director [...]

(The Moscow Times Via Thomson Dialog NewsEdge) David Greer, the Sakhalin Energy deputy CEO running the giant Sakhalin-2 oil and gas project, has left the company unexpectedly just weeks after a leaked e-mail he wrote revealed the pressure that managers working there were facing. Greer’s departure comes as Shell is adjusting to ceding control of [...]

“Lead me, follow me or get out of my way,” said the email from David Greer, deputy chief executive of Sakhalin Energy, a Russia-based consortium led by Royal Dutch Shell.  The email further said that he despised cowards, according to a report by the Financial Times. I guess that it might not be a good [...]

David Greer Photo by SEIC By Upstream staff An executive from Anglo-Dutch supermajor Shell has resigned two weeks after a motivational email he wrote to staff on the Sakhalin 2 project in Russia was leaked to newspapers, a company spokesman said today. “This is true,” a Shell spokesman in Moscow told Reuters, without giving details. [...]

ROYAL DUTCH SHELL PLC BOARD COMMITTEE CHANGE Pursuant to Listing Rule 9.6.11 (3) the Board of Royal Dutch Shell plc announces that Mr Jorma Ollila has been appointed a member of the Remuneration Committee with effect from 20 June, 2007. http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=RDSB:LN&sid=avN8R9M93BVE

Saturday 23 June 2007 “There has been a total change in the DNA of the Company”: I could not have put it better. My first encounter with a Shell project was with Han Goudsmit and PER+. I found it quite bureaucratic, but technically thorough & reliable, and a project to be proud of. 10 years [...]

AFP Jun 22nd 2007 From Economist.com BP is the latest Western energy firm to back down, agreeing to sell a prized asset to Gazprom AT A much publicised ceremony in 2003, Vladimir Putin looked on approvingly as BP and its Russian partners signed an agreement to set up a joint venture called TNK-BP. But there [...]

Published: Jun 23, 2007 MELBOURNE, June 23 AAP – The federal government today pledged $12.51 million to a water recycling project in the regional Victorian city of Geelong. The funding will go towards a water reclamation plant that will cost $63.78 million and save at least 2,000 megalitres of drinking water a year. But the [...]

By Ed Crooks Published: June 23 2007 03:00 | Last updated: June 23 2007 03:00 Tony Hayward, BP’s new chief executive, has been to Russia four times already this year. It is a country he cares about, and with good reason: last year TNK-BP, the Russian joint venture, contributed a quarter of the group’s total [...]

By Ed Crooks in London and Catherine Belton in Moscow Published: June 23 2007 03:00 | Last updated: June 23 2007 03:00 BP yesterday became the latest western oil company to fall victim to the Kremlin’s campaign to claw back control of Russia’snatural resources. TNK-BP, the company’s Russian joint venture, bowed to pressure and agreed [...]

By Ed Crooks in London and Catherine Belton in Moscow Published: June 23 2007 03:00 | Last updated: June 23 2007 03:00 ExxonMobil yesterday brushed aside fears that it could be the next western energy company targeted in Russia’s efforts to reclaim control of its gas and oil industry. He warned that investment in the [...]

By BENOIT FAUCON and GEOFFREY SMITH June 23, 2007; Page A6 BP PLC’s Russian joint venture TNK-BP said it agreed to sell its controlling stake in a key Siberian natural-gas project to OAO Gazprom and also announced a $3 billion cooperation deal with the Russian gas monopoly. The deal is the latest twist in Russia’s [...]