Posts on ‘July 25th, 2007’

(Delta militants have carried out a series of attacks and abductions) Wednesday, 25 July 2007 Unknown gunmen on motorcycles have shot and wounded a US-based British professor and a security guard in Nigeria’s oil city, Port Harcourt. Professor Michael Watts was in Port Harcourt to attend an awards ceremony at a local newspaper office. In [...]

By DAN UDOH 07.25.07, 10:47 AM ET PORT HARCOURT, Nigeria – Gunmen on motorbikes shot and wounded an American professor and a security guard Wednesday at a newspaper office in oil-rich southern Nigeria, witnesses said. Elsewhere in the volatile south, the heartland of the West African nation’s oil industry, the mother of a state official [...]

Published: July 25 2007 18:36 | Last updated: July 25 2007 18:36 When Conoco­Phillips was battling to prevent a state takeover of its multibillion-dollar investments in Venezuela last month, why was one of its top executives talking to elementary school teachers about lightbulbs? Jim Gallogly, head of refining and marketing, was conducting a day of [...]

By John Donovan 25 July 2007 We have removed the Live Chat posting relating to “Jim McGuire” because it has already been posted directly on the statement/article relating to him… ShellNews.net: Statement regarding Mr Jim McGuire formally of Sakhalin Energy Please bear our *disclaimer in mind if you do read the comments/allegations purportedly made by [...]

By Ashley Fantz CNN      PINEDALE, Wyoming (CNN) — Call it modern horse-trading. Balancing the nation’s energy needs with its interests in protecting wildlife and habitats. An antelope grazes near a gas well in Jonah Field, one of the hot spots for natural gas in Wyoming. The practice is playing out in Wyoming, where energy [...]

LIVE FEED: http://www.cnn.com/video/live/live.html?stream=stream2 Natural gas tanks explode in Dallas DALLAS, Texas (AP) — A series of explosions at a facility that sells liquefied natural gas sent flaming debris raining onto highways and buildings near downtown Dallas. At least two people were injured, hospital officials said. Authorities evacuated a half-mile area surrounding the Southwest Industrial Gases [...]

By VOA News 25 July 2007 Russia has launched an expedition to the North Pole aimed at proving that a ridge of arctic seabed thought to contain vast oil and natural gas reserves is an extension of continental Russia. Russian media say two ships, a research vessel and a nuclear-powered icebreaker, left the northern port [...]

By Chris Rauber: San Francisco Business Times The California Public Employees’ Retirement System urged four companies in its public equity portfolio to take steps to “minimize the risk of investment in Iran,” as part of a broader effort by large U.S. pension funds to reconsider financial investments in the increasingly isolated Middle East powerhouse. CalPERS, [...]

17:50 | 25/ 07/ 2007  MOSCOW, July 25 (RIA Novosti) – Worsening Russia-U.K. relations could be partly due to energy giant Gazprom’s new role in the Sakhalin II project in Russia’s Far East, the head of the Audit Chamber said Wednesday. The natural gas monopoly bought a controlling stake in the vast oil and gas [...]

  13:58 | 20/ 07/ 2007  WASHINGTON, July 20 (RIA Novosti) – A former Reagan official has issued a public warning that the Bush administration is preparing to orchestrate a staged terrorist attack in the United States, transform the country into a dictatorship and launch a war with Iran within a year. Paul Craig Roberts, [...]

25 July 2007   SANTO DOMINGO. – The Justice minister and the anti-corruption prosecutor said separately yesterday the sale of the shares on the part of the company Shell will not detain “under any circumstance” the investigation into the alleged alterations of shipping invoices on the part of the Dominican Petroleum Refinery (Refidomsa) executives. Justice [...]

Call by influential investors comes a day before oil group is expected to report bumper profits July 25, 2007 Steve Hawkes A political row threatens to overshadow tomorrow what promises to be one of the best sets of results from Shell for months after it emerged that a group of US pension funds have called [...]

EXTRACT: First, start using European muscle to protect European companies. Oil producers BP Plc and Royal Dutch Shell Plc have been treated disgracefully as Russia seeks to reassert control over its energy assets. Just like any country, Russia needs outside expertise — and in return it must recognize that it can’t just expropriate assets. THE [...]

By Grant Smith July 24 (Bloomberg) — The North Sea dated Brent premium, used to price nearly two-thirds of the world’s oil, declined as profits for European refiners fell to their lowest in 18 months. So-called dated Brent for loading within 21 days fell to a premium of $1 a barrel over the cost of [...]

By William Selway July 24 (Bloomberg) — A group of the nation’s largest public pension funds called upon Royal Dutch Shell Plc, Total SA, and six other energy companies doing business with Iran to explain how they will guard their stock prices from the risks of escalating tensions. The group, which includes the California Public [...]