By Ed Crooks, Energy Editor Published: June 27 2007 03:00 | Last updated: June 27 2007 03:00 The downfall of Biofuels Corporation will have come as no surprise to Philip New, the president of BP’s global biofuels business. Speaking at yesterday’s launch of a new £200m ethanol plant in Hull, Mr New rejected the idea [...]
Posts on ‘June 26th, 2007’
FT REPORT – KAZAKHSTAN: State company to become gatekeeper to oilfields
By Isabel Gorst, Financial Times Published: Jun 27, 2007 Every oilman dreams of landing a really big oilfield. But Askar Balzhanov, the chief executive of KazMunaigas, Exploration and Production, Kazakhstan’s state oil producer, has a better chance than most. Founded in 2004 during a reorganisation of KazMunaigas, the state oil company, KMG E&P lies at [...]
Financial Times: Broad falls for oil and metals but grain higher
By Chris Flood Published: June 27 2007 03:00 | Last updated: June 27 2007 03:00 Commodity prices staged a broad based retreat yesterday as risk aversion rose following comments from the International Monetary Fund which highlighted mounting inflationary pressures in the global economy. Oil prices fell by more than $1 a barrel, holding above the [...]
The Wall Street Journal: Exxon, Conoco Exit Venezuela Under Pressure
Host Nations Escalate Demands on Oil Firms; ‘Some Tough Decisions’ By RUSSELL GOLD June 27, 2007; Page A1 Exxon Mobil Corp. and ConocoPhillips are walking away from their multibillion-dollar investments in Venezuela, further evidence that the relationship between Western oil companies and oil-rich countries is more troubled than at any point since the 1970s. The [...]
Brudirect.com: Brunei To Set Up First Health Promotion Centre
By James Kon Bandar Seri Begawan – Brunei Darussalam will set up its first ever Health Promotion Centre by the end of July, next year, as part of efforts to support and promote a healthy lifestyle among the public. A foundation laying ceremony was held at the construction site of the centre, situated just opposite [...]
Times Online: New £200m biofuel plant planned for Hull
BP and Associated British Foods team up for ‘world-scale’ project that will produce 420,000 litres of biofuel a year June 26, 2007 Steve Hawkes BP and Associated British Foods have announced a £200 million alliance to build one of the world’s biggest biofuel plants in the UK. Under plans revealed today the facility, to be [...]
The Times: Secret account under spotlight
EXTRACT: The account was set up because, in the1980s, Saudi Arabia paid for its arms with oil. It transferred oil production to BP and Shell and they paid cash into the Bank of England account. The money was then forwarded to BAE to pay for arms. June 27, 2007 David Robertson At the heart of [...]
Reuters: UPDATE 1-Exxon, Shell to sell Canada gas project stake
Tue Jun 26, 2007 6:53 PM BST CALGARY, Alberta, June 26 (Reuters) – Exxon Mobil Corp. (XOM.N: Quote, Profile , Research) and Royal Dutch Shell Plc (RDSa.L: Quote, Profile , Research) want to sell their combined 18 percent stake in the proposed C$700 million ($654 million) Deep Panuke gas project off Nova Scotia’s Atlantic coast, [...]
Oilweek Magazine: The lesser of two evils
Energy Alberta is proposing a nuclear component to help Alberta meet its emission reduction goals Jul 2007 By Leah Lawrence Concerns about climate change and a shortage of natural gas for oilsands development has one project proponent predicting a nuclear renaissance in Alberta sometime in the next decade. Oilsands producers and regulators are skeptical, [...]
Correspondence with Shell on corruption allegations against Ian Craig, CEO of Sakhalin Energy
By Alfred Donovan 26 June 2007 On Monday morning we contacted Mr Keith Ruddock, General Counsel of Shell Exploration & Production, to bring to his attention serious allegations made against Mr Ian Craig, the Chief Executive of Sakhalin Energy Investment Company (SEIC). We sought from Keith Ruddock a categorical denial of the allegations including an [...]
Bloomberg: Shell Appoints De Wit to Succeed Willems as Head of Dutch Unit
By Marcel van de Hoef June 26 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company by market value, said it appointed Peter de Wit to lead its Dutch division. De Wit will succeed Shell Nederland BV’s director, Rein Willems, on Sept. 1, The Hague-based Shell said in an e-mailed statement today. The 61-year-old [...]
Bloomberg: Showa Shell May Merge LPG Unit With Japanese Rivals (Update1)
By Shigeru Sato June 26 (Bloomberg) — Showa Shell Sekiyu K.K., the Japanese refining unit of Royal Dutch Shell Plc, plans to merge its liquefied petroleum gas wholesaling business with rival companies as local demand growth slows, a company official said. Showa Shell is reviewing its LPG operations because domestic demand may not sustain growth, [...]
U.S. DEPARTMENT OF ENERGY TO FUND WIND BLADE TEST FACILITIES
(This is a reformatted version of a press release issued by U.S. Department of Energy, obtained from www.energy.gov.) June 25, 2007 Department of Energy to Invest up to $4 Million for Wind Turbine Blade Testing Facilities New facilities in Massachusetts and Texas will bring cutting- edge technology to wind research WASHINGTON, DC – The U.S. [...]
Bloomberg: Gazprom Says Chief Executive Miller to Return to Work `Soon’
By Greg Walters and Bradley Cook June 26 (Bloomberg) — OAO Gazprom Chief Executive Officer Alexei Miller, hospitalized with a kidney ailment more than three weeks ago, will return to work “soon,” Deputy Chief Executive Officer Alexander Medvedev said. Miller is involved in all management decisions, Medvedev told reporters today in Moscow, where the world’s [...]
Bloomberg: SEC Helps Spot Business in Terror-Sponsoring Nations (Update1)
By Jesse Westbrook June 25 (Bloomberg) — The U.S. Securities and Exchange Commission has made it easier for investors to find out whether companies do business in nations identified as supporting terrorism. The SEC, in a statement today, said it’s added a search tool to its Web site that lets shareholders search annual reports for [...]


Shell Blog RSS Feed