Royal Dutch Shell Plc  .com Rotating Header Image

September 7th, 2007:

BBC Monitoring Service: Terror label for guards is US ruse to force oil companies out of Iran – paper

Published: Sep 07, 2007

Text of report in English by Iranian Mehr news agency, authored Ardeshir Ommani for Tehran Times’ Opinion Column on 8 Sept in English

Tehran, 7 Sept: On the front page of one of the recent issues of The New York Times, the colourful picture of Iranian President Mahmud Ahmadinezhad and Afghan President Hamid Karzai and their undeniably friendly posturing was not an outcome that the US administration and the Congress were expecting to see.

George W. Bush and the US Congress have accused Iran, and especially Iran’s Islamic Revolutionary Guards Corps, of supplying the arms being used by the Afghani and Iraqi insurgencies. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

EthicalCorp.com: Gazprom – Moscow’s tightening grip on energy supply

Russian regulators are conducting environmental inspections at the now Gazprom-run Sakhalin pipeline project. But the Kremlin’s commitment to green standards remains in doubt.

At the end of last year, Shell was forced to cede control of the Sakhalin oil project to Russia’s Gazprom. The move was prompted by the suspension by the Russian authorities of a key environmental certificate. Although real environmental concerns did exist, Shell’s forced demotion was widely seen as a political move by the Kremlin to reassert its control over vital resource assets. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Aberdeen Press & Journal: SHELL BOSS DESCRIBES CLAIMS AS ‘LUDICROUS’

08:50 – 07 September 2007
thisisnorthscotland.co.uk/

A Shell boss in Aberdeen said it was “ludicrous” to think that the company was not interested in safety.

John Gallagher, vice-president technical for exploration and production in Europe, denied the allegations. “Safety-critical positions are covered on these installations,” he said.

Meanwhile, it has emerged 11 offshore staff representatives out of 28 walked out of a regular meeting in Aberdeen yesterday. Mr Gallagher said they were unhappy with the terms and conditions being offered to employees to transfer to a new owner. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

MarketWatch: Shell Argentina declares service station force majeure

By Drew Benson
Last Update: 6:04 AM ET Sep 7, 2007

8:58am 09/07/2007

RDSA80.51, +1.14, +1.4%) plans to send letters Thursday to its service stations declaring a force majeure, citing a government order to shut down its refinery, Shell Argentina President Juan Jose Aranguren said.

Shell Argentina began shutting down its Doc Sud refinery in Buenos Aires after receiving an order from the government’s Environmental Ministry on Wednesday night. “We have a situation of force majeure, and we consider it out of our control,” Aranguren told reporters during a meeting at Shell Argentina headquarters. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

BBC News: Shell to appeal refinery shutdown

Friday, 7 September 2007, 09:42 GMT 10:42 UK

Royal Dutch Shell is to appeal against a shutdown order imposed on its refinery in Buenos Aires.

The Argentine government ordered the closure after finding the site lacked the proper environmental permits and impact studies.

Shell defended its environmental record but said it had begun the shutdown.

It also warned the move may lead to an energy shortage as the plant provides 15% of Argentina’s total refining capacity and 20% of its fuel supplies. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Financial Times: ‘Acceptability’ is Total’s growth model

By Ed Crooks
7 September 2007

Christophe de Margerie, the chief executive of Total, remembers forecasting a troubled future for his industry when he heard a few years ago that oil had reached $33 a barrel.

“I said, you know what’s the worst of news of the day? We are at $33 a barrel.”

He warned back then that the industry faced an inflationary spiral in the price of oil and gas, problems negotiating contracts and a dilemma over how to split the cake between the different stakeholders. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Asia Pulse: GAZPROM BACK IN TALKS WITH JAPANESE BANK ON SAKHALIN 2 FINANCING

TOKYO, Sept 6 Asia Pulse – Russian natural gas monopoly Gazprom has resumed negotiations with the Japan Bank for International Cooperation (JBIC) to secure financing for the Sakhalin 2 energy project, The Nikkei learned Wednesday.

The development, off the shore of Sakhalin Island, had been led by Royal Dutch/Shell Group, Mitsui & Co. (TSE:8031) and Mitsubishi Corp. (TSE:8058). But amid pressure from the Russian government, such as its ordering that construction be suspended because of environmental concerns, the international consortium sold a majority stake to Gazprom this past spring. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Lloyds List: China in $35bn LNG deal

Tony Gray, Lloyds List
Published: Sep 07, 2007

CHINA has signed a second major liquefied natural gas deal with Australia in the space of a few days, this time with the Woodside group, writes Tony Gray.

The deal, worth between A$35bn and A$45bn ($28bn-$35.5bn), provides a further fillip to the industry after a lean spell.

Key terms agreement between Woodside and PetroChina cover the potential sale of 2m-3m tonnes a year of LNG from the Browse development off Western Australia, for a period of 15-20 years. Supply is targeted to start during 2013 to 2015. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

AAP News (Australia): World’s largest geosequestration system part of Gorgon project

Rebecca Le May,
Published: Sep 07, 2007

PERTH, Sept 7 AAP – Chevron Australia is on the front foot in combating global warming after pledging to undertake the first large scale carbon dioxide geosequestration project in Australia, as part of its multi-billion dollar Barrow Island Gorgon gas development.

Chevron Australia general manager Colin Beckett said the project, to put carbon dioxide underground to reduce greenhouse gas emissions, will be larger than any other geosequestration scheme currently contemplated or in production. There are geosequestration projects in Nigeria and Norway, but in Australia the only other effort in this area is being led by the Cooperative Research Centre in western Victoria. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Wall Street Journal: Kazakhs Ratchet Up Pressure On Eni Over Oil Field

Government Wants
Joint Role in Project
On Caspian Sea
By GABRIEL KAHN and LIAM MOLONEY
September 7, 2007; Page A11B

ROME — The demand of the Kazakh government that its state oil company share a leading role in developing the Kashagan oil field in the Caspian Sea suggests that project head Eni SpA of Italy might have to make significant concessions to keep the project on track.

In recent weeks, Kazakh officials have become incensed with delays and cost overruns at Kashagan. They have sent signals that they want to rewrite the agreement under which a group of foreign oil companies, led by Eni, are developing the field. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Wall Street Journal: Woodside Signs LNG Export Deal With PetroChina

By ALEX WILSON and LYNDAL MCFARLAND
September 7, 2007

MELBOURNE, Australia — Woodside Petroleum Ltd. took a big step forward on its Browse liquefied-natural-gas project Thursday, signing up PetroChina Co. as its foundation customer.

Woodside signed a terms agreement with the state-controlled Chinese company for the potential sale of between two million and three million metric tons of LNG a year over 15 to 20 years from Browse, which is based off the coast of the state of Western Australia.

As well as adding a level of certainty to the project, the deal is also a sign that the Chinese have shaken off their reluctance to pay market prices to secure access to LNG. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell pipeline to be sold

06.09.07

A pipeline part-owned by Royal Dutch Shell is to be sold, it has emerged.

Reuters reports that the Rainbow pipeline, owned jointly by Shell, Exxon and Imperial Oil, is to be put up for sale as part of an efficiency drive by Imperial.

The pipeline connects to a system supplying the US midwest, carrying oil to refineries in the Edmonton area including Petro Canada’s facilities, the newswire states.

Imperial spokesperson Gordon Wong tells Reuters: “We are initiating a sales offering for Rainbow on behalf of all the shareholders.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Mayo Advertiser (Ireland): Sit down protest planned by Shell to Sea campaigners

Current Publication Date: 07/09/2007

Shell to Sea is holding a sit-down protest at Shell’s proposed Bellanaboy refinery site next Friday September 14 to highlight the ongoing community campaign against the controversial Corrib gas development.

According to a leading campaigner the campaign has always accepted and employed the legitimate use of non-violent direct action as a tool of opposition to the proposed project, particularly when the very lives of people are directly threatened by the actions and inactions of Shell, Statoil, Marathon and the bodies of local and national government. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

ndtvprofit.com: Shell to appeal Argentine order

Shell logo

Associated Press
Friday, September 7, 2007 (Buenos Aires):

The local unit of Royal Dutch Shell PLC said Thursday it plans to appeal a shutdown order for its Buenos Aires refinery, a day after the government said it lacks environmental permits and impact studies.

Shell Argentina President Juan Jose Aranguren said operations at the facility in the capital were being scaled back in response to the order.

“A shutdown will take five days to implement, and would take five days to restore to full capacity,” he said. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Business Standard (India): Pact with Shell India fuels MRPL

DALAL STREET SPIKES 
BS Reporter / Mumbai September 7, 2007 
 
Mangalore Refinery and Petrochemicals gained by more than 2.2 per cent to Rs 47.05 after it signed a four-year product supply agreement with Shell India. 
 
The agreement, extendable by two years, covers not only fuel supply but also infrastructure sharing, hospitality and collaboration on health, security, safety and environmental management procedures & practices. The pact will become operational from October 2007. 

http://www.business-standard.com/smartinvestor/storypage.php?leftnm=0&subLeft=3&chklogin=N&autono=297136&tab=r read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bloomberg: Woodside’s Browse LNG May Add A$12 a Share, UBS Says (Update1)

By Angela Macdonald-Smith

Sept. 7 (Bloomberg) — Woodside Petroleum Ltd.’s proposed Browse liquefied natural gas project, should it proceed, may be worth as much as A$12 a share for the Australian oil and gas producer, more than a third of the current valuation, UBS AG said.

The Western Australian project, to which PetroChina Co. signed up yesterday as the first customer, contributed to UBS increasing its 12-month share price forecast for Perth-based Woodside by 3.8 percent to A$52.48 in a Sept. 6 report. It has a current value of A$30.74 on the stock. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.