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Posts on ‘August 16th, 2007’

Financial Times: WWF pursues Sakhalin judicial review

By Ed Crooksand Michael Peel Published: August 16 2007 03:00 | Last updated: August 16 2007 03:00 Environmental groups have applied for a judicial review of official support for Royal Dutch Shell’s Sakhalin 2 oil-and-gas project off the far eastern coast of Russia, arguing that it in effect gave the backing of the UK government […]

Financial Times: A light touch or perhaps a soft one

By Chris Hughes Published: August 16 2007 03:00 | Last updated: August 16 2007 03:00 The Financial Services Authority likes to be seen as a light-touch regulator, but its record on bringing miscreants to book leaves it vulnerable to being labelled a soft-touch one as well. The City regulator regularly fines companies and individuals for […]

THISDAY ONLINE: N’Delta Crisis: Shell Loses $10.6bn

From Kingsley Nwezeh in Asaba, 08.16.2007 Following the escalating crisis in the Niger Delta region in the past few months, Shell Petroleum Development Company of Nigeria (SPDC) disclosed yesterday that it lost about $10.6 billion to the protracted kidnappings, killings and vandalisation of oil facilities which led  to the closure of its western oil production […]

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