Posts on ‘August 15th, 2007’

Wed Aug 15, 2007 6:36PM EDT LOS ANGELES (Reuters) – A U.S. federal appeals court in San Francisco on Wednesday upheld an order blocking Royal Dutch Shell Plc from exploratory drilling in the Beaufort Sea off Alaska’s north coast. “We are disappointed,” said Shell in a press statement that added that no drilling will mean [...]

By WESLEY LOY wloy@adn.com Published: August 15, 2007 Last Modified: August 15, 2007 at 12:44 PM A federal appeals court today extended its order blocking Dutch oil giant Shell’s planned exploratory drilling campaign in the Beaufort Sea. The order is a victory for environmental groups and North Slope residents who argued noisy oil industry activity [...]

By John Donovan Reply to the Live Chat poster on 15 August who has used various User designations. His main thrust (assuming it is a he) is that by making a claim that our website has cost Shell $50 billion, we have lost all credibility. The problem for the individual making the assertion is that [...]

The Anglo-Dutch group withdraws staff from one of its Gulf of Mexico rigs as hurricane forecasts send the price of oil higher August 15, 2007 Steve Hawkes Shell has become the first oil and gas major to close down part of its operations in the Gulf of Mexico amid escalating fears that the first hurricane [...]

By Alex Morales and Christian Schmollinger Aug. 15 (Bloomberg) — A depression in the Gulf of Mexico was forecast to intensify into a tropical storm before hitting the oil and gas region of coastal Texas early tomorrow. A further threat to U.S. oil and gas production may come from Tropical Storm Dean, a system predicted [...]

VANCOUVER (Thomson Financial) – Sonic Technology Solutions Inc said it has agreed a deal with Shell Canada Energy, part of Royal Dutch Shell, to jointly develop oil sand extraction technology. Sonic said the aim of this partnership, which builds on previous work the two have done together, is to make oil sand extraction more cost [...]

(Lee Celano for The New York Times: Oystermen like John Tesvich share offshore Louisiana with energy interests. At right, gas tanks.) Oystermen often collect lucrative payments in damages from oil companies, a study says, even when their acreage has no oysters to damage.   By ADAM NOSSITER Published: August 15, 2007 HOPEDALE, La. — The [...]

BAGHDAD, Aug. 14 International oil firms are taking steps to ready for bids on Iraq’s vast oil reserves, hopes pinned on Iraq’s Parliament approving a law governing the oil. Last week Chevron and Total agreed to cooperate on Iraq bids, hoping to get a piece of a large pot of crude. Iraq has 115 billion [...]

Extract from a new book, ‘The Road to 9/11: Wealth, Empire, and the Future of America’ (Berkeley and Los Angeles: University of California Press), authored by UC Berkeley professor emeritus Peter Dale Scott.  Oil and Cheney’s Energy Task Force There is the same impression of preparation for 9/11 and its consequent war from Cheney’s other [...]

Published: Aug 15, 2007 What’s the fuss? THE surge in demand for energy, coupled with high oil prices, has led to a boom in exploration and production. Offshore activity is expected to represent 43% of oil production and 83% of gas production by the end of 2008, so there is a high level of interest [...]

Martyn Wingrove, Lloyds List Published: Aug 15, 2007 GAZPROM’s push into the Sakhalin Energy Investment consortium has forced the European Bank of Reconstruction and Development to pull its funding for the Sakhalin II oil and liquefied natural gas project off eastern Russia. Since January, EBRD and the Sakhalin Energy shareholders Gazprom, Royal Dutch Shell, Mitui [...]

Published: Aug 15, 2007 KUALA LUMPUR, Aug 15 Asia Pulse – Shell Refining Company (Federation of Malaya) Berhad (KLSE:4324) has posted first half pre-tax profit of RM422.490 million (US$121.6 million), up 58.2 per cent from RM266.978 million a year earlier as its refining margins widened in the second quarter. However, revenue for the six months [...]

Published: Aug 15, 2007 WORKERS were flown off a rig in the North Sea last night after fire broke out in the engine room. It happened on the semisubmersible oil rig Ocean Guardian, which was drilling for Shell 120 miles north-east of Aberdeen. A group of 32 non-essential workers were taken off in two helicopters [...]

By Yee To Wong Published: August 15 2007 03:00 | Last updated: August 15 2007 03:00 Regal Petroleum closed higher yesterday on talk that Royal Dutch/Shell was looking to buy the exploration group’s assets in Ukraine. Earlier this year, Regal appointed Tristone Capital to explore a divestment of its Mekhediviska-Golotvschinska and Svyrydivske gas and condensate [...]

A Molikpaq offshore oil platform the off Sakhalin island, Far Eastern Russia, 27 April 2003. (Ursula Hyzy / AFP / Getty) Tuesday, Aug. 14, 2007 By BRYAN WALSH Anton Chekhov once visited Sakhalin Island to report on the condition of its prisoners and left a tagline unlikely to be adopted by the tourist bureau — [...]