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Posts on ‘July 19th, 2007’

UPI Energy Watch: Analysis: Nigeria pipeline fires draw ire

 Published: July 19, 2007 at 10:58 AM  By CARMEN J. GENTILE UPI Energy Correspondent A Nigerian activist is calling for Royal Dutch Shell to shut one of its pipelines, saying the company has done little to control the fires burning along it for the last several weeks. The Movement for the Survival of the Ogoni [...]

The Democratic Party: Giuliani Offers Iowa Just Another Friend to Big Oil

July 19, 2007 Dubbed an “honorary Texas oil lawyer” by Time Magazine, records show that Rudy Giuliani’s business ties to Big Oil rival that of another Texas oil man: President George W. Bush. In Iowa today, Giuliani will have to explain how he can “commit” to energy independence when his businesses have profited from the [...]

The St. Petersburg Times: Trutnev Floats Oil Proposal

By Tanya Mosolova Issue #1290 (56) Thursday, July 19, 2007  Reuters MOSCOW — The government has revived the idea of tax breaks for offshore oil and gas deposits, and will discuss it with global oil majors Tuesday following a landmark deal with France’s Total over the huge Shtokman gas field. The Natural Resources Ministry said [...]

Business Week: COVER STORY: Sakhalin Island: Journey To Extreme Oil (article we missed from May 2006)

EXTRACT: “We were overoptimistic on budget and underestimated a number of things,” says Malcolm Brinded, Shell’s executive director for Exploration & Production. THE ARTICLE Big Oil’s future lies in such forbidding places as Russia’s Far East   MAY 15, 2006   With their home reserves depleting fast, the big Western giants are increasingly compelled to [...]

ShellNews.net: Letter faxed to Senator Dianne Feinstein following email received from her

By John Donovan 19 July 2007 Earlier this week I sent an email to the senior U.S. Senator for California, Dianne Feinstein, concerning Shell’s unscrupulous commercial relationship with militant activists in Nigeria. Today, following an email received from the Senator, I have faxed information to her at the United States Senate office in Washington DC. [...]

The Business: Whatever happened to Lord Browne?

19 July 2007 EXTRACT: But there is still the prospect of a true surprise. It has been suggested that BP is discussing a friendly merger with Shell, creating a £250bn company that would leapfrog ExxonMobil to become the world’s biggest oil group. THE ARTICLE Whatever happened to Lord Browne? Less than three months after BP’s [...]

Times of Oman: Irshad quits Shell Oman as MD

 Times News Service Wednesday, July 18, 2007 10:46:17 PM Oman Time   MUSCAT — Irshad Moosa Al Lawati has tendered his resignation as the managing director of Shell Oman. His resignation will come into effect from September 1, 2007. He will take up a senior role elsewhere in the Royal Dutch Shell Group,” Dr Andrew [...]

ChannelNewsAsia.com: Petrol stations may dispense compressed natural gas

By Tan Hui Leng, TODAY | Posted: 19 July 2007 1233 hrs    Singapore: Petrol stations may dispense compressed natural gas… The first one, on Jurong Island, cost $2.6 million to build. The second station, coming up next year on the mainland, is likely to cost much more. But the refuelling infrastructure for compressed natural gas [...]

The Denver Post: Oil-shale funding promoted

A study by the National Petroleum Council says shale could help alleviate a future supply shortfall. By Steve Raabe Denver Post Staff Writer Article Last Updated: 07/18/2007 11:03:15 PM MDT Funding to develop oil shale should be increased to help meet a coming shortfall of petroleum, according to a major energy report released Wednesday. The [...]

RIA Novosti: The price of the question is too high

14:07 | 19/ 07/ 2007 MOSCOW. (RIA Novosti economic commentator Oleg Mityayev) – Russia will not revise its agreements with British investment companies developing its oil and gas fields because of the sharpening of relations between the two countries, Natural Resources Minister Yury Trutnev said Tuesday. Trutnev was speaking at a meeting of the working [...]

PARIS–(BUSINESS WIRE): Total: Offshore Nigeria: Ofon Field Development Phase 2 Project Launched

July 19, 2007 04:40 AM Eastern Daylight Time Regulatory News: Nigerian National Petroleum Corporation (NNPC) and Total (NYSE:TOT) (LSE:TTA) (Paris:FP), through its subsidiary Elf Petroleum Nigeria Limited, operator of the NNPC/EPNL Joint Venture with a 40% interest, announce the launch of the Phase 2 of Ofon Field Development Project. The field is located offshore east [...]

Reuters: Singapore fines Shell for death of worker (this article will be of interest to Bill Campbell)

Thu Jul 19, 2007 11:50 AM BST SINGAPORE, July 19 (Reuters) – Singapore fined Royal Dutch Shell (RDSa.L: Quote, Profile , Research) S$25,000 ($16,500) for safety lapses that led to the death of a worker at its offshore refinery in the city state, local radio said on Thursday. Singapore radio 93.8 Live said Anglo-Dutch Shell [...]

Railway Market: Estonia: Severstaltrans puts E.O.S. AS for sale

Russian transport group Severstaltrans has put its subsidiary, Estonian Oil Service AS (E.O.S.) specializing in fuel oil handling, for sale. The company has already started the talks with the potential buyers including Shell and TNK-BP. E.O.S. may cost USD40-50 mln. However, the figure may be much less in view of the slump of the Russian [...]

Wall Street Journal article about securities fraud: only likely to be of interest to Royal Dutch Shell and auditors named in reserves lawsuit

Debating ‘Scheme Liability’ July 19, 2007 For years, Congress, the courts and the Securities & Exchange Commission have struggled to balance the rights of shareholders and companies in securities fraud cases. The latest battle, over whether courts should recognize so-called “scheme liability,” is headed to the Supreme Court this fall in a highly-anticipated case called [...]

ShellNews.net: Statement regarding Mr Jim McGuire formally of Sakhalin Energy

19 July 2007 By John Donovan On 7 July 2007 a comment was posted on this website by someone using the name of “Jim McGuire” making allegations about Sakhalin Energy. In a subsequent article we referred to the posting and warned the name might be false.  That has turned out to be the case. We [...]