By Neil Buckley in Moscow Published: July 26 2007 08:31 | Last updated: July 26 2007 18:39 Britain’s top trade official in Moscow is one of the four diplomats being expelled by Russia, raising concerns that the dispute over the extradition of a murder suspect could start to damage commercial links between the two countries. [...]
Posts on ‘July 26th, 2007’
The Guardian: Shell makes £1.5m an hour and defends drilling in Arctic
· Company says it will not bow to environmentalists · ExxonMobil blames lower gas prices for fall in profits Terry Macalister Friday July 27, 2007 Shell made profits of £1.5m an hour in the second quarter of the year and said it would not turn away from drilling in environmentally sensitive areas such as the [...]
The Times: Shell rakes in profits from Canadian oil sands unit
July 27, 2007 Carl Mortished, International Business Editor The world’s dirtiest oil is producing the highest profit per barrel for Royal Dutch Shell, which yesterday said it would begin to report the earnings of its controversial Canadian oil sands operations as a separate business unit. Shell showed a clean pair of heels to its competitors [...]
The Times: Even in hard times, you can still be sure of Shell
July 27, 2007 Nick Hasell: Tempus The City can be hard to please, as Jeroen van der Veer, the chief executive of Shell, will doubtless tell you. Yesterday’s second-quarter profits of nearly $7.6 billion (£3.7 billion) were the best produced by the Anglo-Dutch oil major to date, and $1.5 billion more than those unveiled two [...]
The Sydney Morning Herald: Shell reports big finds in Australia
Friday July 27, 2007 – 6:11AM Oil major Royal Dutch Shell has said it had made material finds in Australia and Malaysia in the first half of this year. Chief Executive Jeroen van der Veer said the company had made the finds of gas at its Prelude and Persephone prospects off Australia’s northwest coast and [...]
Reuters: Shell reports big finds in Australia, Malaysia
Thu Jul 26, 2007 6:05 PM BST LONDON, July 26 (Reuters) – Oil major Royal Dutch Shell said on Thursday it had made material finds in Australia and Malaysia in the first half of the year. Chief Executive Jeroen van der Veer said the company had made the finds of gas at its Prelude and [...]
Reuters: Apache doesn’t want Shell, Exxon N. Sea assets-CEO
Thu Jul 26, 2007 8:06 PM BST HOUSTON, July 26 (Reuters) – The chief executive of independent oil and gas exploration company Apache Corp. on Thursday said he is not interested in buying the North Sea assets put up for sale in June by Royal Dutch Shell Plc and Exxon Mobil Corp. “Frankly, that’s not [...]
Daily Express (UK): RICHES THAT RUSSIA WILL GRAB BELOW THE ARCTIC
Thursday 26 July 2007: Page 11 A Russian submarine is on the way to the North Pole in a bid to capture the potentially lucrative oilfield beneath. But who actually owns the North Pole and who has a right to the oil? And what’s known about this mysterious and beautiful region? JULIE CARPENTER reports If [...]
‘Simon’ comments on our article: How long until Shell admits defeat and pulls out of Sakhalin…
The article in question: – How long until Shell admits defeat and pulls out of the $26 billion Sakhalin project in Russia? John I would like to differ from you on one point. Shell was a good Company when the likes of professionals like Van Sponsen, Greer and Bouman worked for them. They were all [...]
The New York Times: Exxon Profit Slips, Surprisingly
By JAD MOUAWAD Published: July 27, 2007 Exxon Mobil, the world’s largest publicly traded oil company, reported an unexpected slip in quarterly profit today as refining gains failed to offset drops in oil and natural gas production. Shell Net Profit Rises 18 Percent to $8.67 Billion (July 26, 2007) But its profit still remained substantial. [...]
How long until Shell admits defeat and pulls out of the $26 billion Sakhalin project in Russia?
By John Donovan (written in association with a Shell insider) Russian environmental authorities have instructed Sakhalin Energy Investment Co. Ltd (SEIC) the operator of the $26 billion Sakhalin-2 project, to suspend work on an onshore pipeline. Lidia Vostretsova, chief inspector at the local branch of the Federal Environmental, Engineering, and Nuclear Supervision Agency has been [...]
Pravda.ru: Russia begins to expel British diplomats
07/26/2007 16:42 Source: AP © The head of the British Embassy’s economic section was one of four diplomats told to leave Russia in the tit-for-tat diplomatic expulsions that have followed the poisoning of Kremlin critic Alexander Litvinenko in London. Economic Counsel Andrew Levi is to leave Russia on Sunday, Dow Jones Newswires reported, citing [...]
Reuters: Shell finds new Nigerian oilfield
26 July 2007 ABUJA (Reuters) – The Nigerian arm of Royal Dutch Shell (RDSa.L) has made an oil discovery and a test well flowed at up to 5,000 barrels per day, the Shell Petroleum Development Company (SPDC) said on Thursday. The discovery was made onshore in the eastern Niger Delta in Shell’s Oil Mining Licence [...]
Reuters: Shell CEO says doesn’t expect “miracles” in Nigeria
Thu Jul 26, 2007 2:09 PM BST (Adds fresh quotes) By Randy Fabi LONDON, July 26 (Reuters) – The chief executive of Royal Dutch Shell (RDSa.L: Quote, Profile , Research) said on Thursday he didn’t expect any “miracles” in restoring lost oil production in Nigeria. Shell said 195,000 barrels per day of its production in [...]
Dow Jones Newswire: Shell Mulls Iran Deal Despite U.S. Pressure
LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) is still studying the possibility of investing in a key natural gas project in Iran, Jeroen van der Veer said Thursday. The statement comes despite pressure in the U.S. for the oil company to scrap the plans, including a letter from pension funds warning Shell against the [...]


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