Nils Pratley Wednesday July 11, 2007 The last time oil was at $76 a barrel, which was only 11 months ago, a chorus line emerged to tell us it would not last. Speculative money was at play, political tensions would ease, and American drivers would notice a rise in pump prices. All were good points, [...]
Posts on ‘July 10th, 2007’
salon.com: If it smells like peak oil, it probably is
The first sentence of the executive summary of the International Energy Agency’s (IEA) influential “Medium Term Oil Market Report,” released today, states the broad outlines of the problem baldly: “Despite four years of high oil prices, this report sees increasing market tightness beyond 2010, with OPEC spare capacity declining to minimal levels by 2012.” Demand [...]
dissidentvoice.org: The Richest First Nation in Canada
by Macdonald Stainsby / July 10th, 2007 The primarily indigenous and mostly Cree (also ‘Chipewyan Dene’) community of Fort MacKay — just north of the internationally famous tar sand “boom” city of Fort McMurray — is said to be the “richest First Nation in Canada.” The question should be asked: How well does this reach [...]
Cryptic Live Chat Postings
Someone posts cryptic messages on Live Chat on a regular basis. Rather than just deleting them permanently, they will now be deleted from Live Chat but added to this article. Anyone who wants to read them can just do a search on “cryptic”. Posted 10/11 July 2007 guest_735 : Dreep, VinBark +-. guest_9872 : refidomsa [...]
Huliq NC, USA: Shell $22 billion Sakhalin-2 Project devastated by insider leaks
10 July 2007 The world’s biggest energy project of its kind, the $22 billion Sakhalin-2 project in Russia, has been damaged by devastating leaks and allegations over the past two years made to a non-commercial website www.royaldutchshellplc.com recently described by the Financial Times as being anti-Shell. Shell was the majority shareholder in the company set [...]
Bloomberg: Gazprom-Shell Say Whales Safe; Environmentalists Wary (Update1)
By Stephen Voss July 10 (Bloomberg) — An OAO Gazprom and Royal Dutch Shell Plc joint venture said endangered whales were unaffected by loud noise from oil and gas construction work off the coast of Sakhalin Island, Russia. Environmental groups were unconvinced. Construction activity has had “no discernable impact” on the Western Gray Whale population [...]
indymedia.ie: NGO Report Slams Garda Abuse in Mayo
Tuesday July 10, 2007 02:23 A recent independent report by a delegation of international human rights and environmental activists has slammed the actions of the Gardai in Mayo for suppressing peaceful protest and creating civil unrest. The report, issued by the Global Community Monitor (GCM), was compiled from evidence gathered at a public hearing [...]
Houston Chronicle: Perry makes alternative energy a priority
Governor sees need for commercially viable biofuels; gives support to research, $5 million to Texas A&M efforts By BRETT CLANTON Copyright 2007 Houston Chronicle The state will make the development of alternative energy and biofuels a bigger priority under a new strategy outlined Monday by Gov. Rick Perry. The initiative is focused on creating commercially [...]
Bloomberg: Oil Is Steady After Falling From 10-Month High on Lower Demand
By Christian Schmollinger and Shigeru Sato July 10 (Bloomberg) — Crude oil was little changed in New York after falling from a 10-month high yesterday on signs demand will ease following U.S. refinery shutdowns. BP Plc is shutting the largest of three crude units at its refinery in Whiting, Indiana, a person familiar with the [...]
Financial Times: Shell and Rosneft sign pact
By Ed Crooks in London and Catherine Belton in Moscow Published: July 10 2007 03:00 | Last updated: July 10 2007 03:00 Royal Dutch Shell said it is still interested in further expansion in Russia as it signed a strategic co-operation deal with Rosneft, the country’s biggest oil company by market value, in spite of [...]
The Wall Street Journal: IEA Forecast Underlines Oil, Gas Supply Worries
By 2012, Production Is Expected to Fall Short Of Global Demand By BHUSHAN BAHREE July 10, 2007; Page A12 The industrialized world’s energy watchdog added to rising concerns in some quarters that oil and natural gas production won’t keep up with the world’s growing thirst for energy in coming years, highlighting worries over supplies and [...]
The New York Times: Crude Oil Prices Dip in Asia
By THE ASSOCIATED PRESS Published: July 10, 2007 Filed at 2:05 a.m. ET SINGAPORE (AP) — Oil prices inched down Tuesday in Asia, extending an overnight decline that came after the shutdown of a huge oil processing unit at a U.S. refinery raised concern of lower demand for crude. Light, sweet crude for August delivery [...]
The New York Times: Russia: Shell Explores Work With Rosneft
By ANDREW E. KRAMER Published: July 10, 2007 Royal Dutch Shell and Rosneft, the Russian state oil company, agreed to explore possibilities to work together to develop oil fields and market gasoline and other petroleum products worldwide. The deal was presented as a framework to discuss future deals. While short on specifics, it suggested Shell [...]
The Guardian (UK): Beware of energy nationalism, warns global agency
· IEA attacks countries with tight grip on production · Demand for gas and oil growing faster than ever Terry Macalister Tuesday July 10, 2007 A growing trend towards nationalism over resources in Russia and even Britain could backfire by cutting expenditure on oil and gas worldwide at a time when demand is likely to [...]
The Guardian (UK): Angry rebels forced kidnappers to hand back British toddler
Chris McGreal, Africa correspondent Tuesday July 10, 2007 The three year-old British girl kidnapped in Nigeria, Margaret Hill, was released because the men holding her were hunted by rebel forces angered at being associated with the abduction, according to Nigerian officials. The toddler was freed on Sunday evening, four days after she was snatched from [...]


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