Royal Dutch Shell Plc  .com Rotating Header Image

September 19th, 2007:

San Diego Union-Tribune: $50 or $100? Experts mull next big oil milestone

By Matthew Robinson
REUTERS

11:07 a.m. September 19, 2007

NEW YORK – With oil storming to new highs over $80 a barrel this week, energy experts are divided over whether prices will crash back to $50 before they break $100.

Expectations that global supplies will struggle to keep pace with demand as the Northern Hemisphere gears up for the winter cold, and worries over potential hurricane disruptions, have sent oil to new peaks over the past six trading sessions.

But analysts are debating whether oil prices have much upside left after quadrupling since 2002, with bulls arguing that strong economic growth means a supply squeeze is imminent and bears saying a seasonal demand drop will deflate prices. 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: Oil Rises to a Record $82.51 After U.S. Inventories Decline

By Mark Shenk

Sept. 19 (Bloomberg) — Crude oil rose to a record $82.51 a barrel in New York after an Energy Department report showed a larger-than-expected U.S. inventory decline.

Supplies fell 3.87 million barrels in the week ended Sept. 14, the 10th drop in 11 weeks, the report showed. A 2.03 million barrel decline was expected, according to the median of responses by 16 analysts surveyed by Bloomberg News before the report.

Crude oil for October delivery rose 42 cents, or 0.5 percent, to settle at $81.93 a barrel at 3:02 p.m. on the New York Mercantile Exchange. Futures touched $82.51, the highest intraday price since trading began in 1983. Prices are up 33 percent from a year ago. 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.

SCAM LOTTERIES CONDUCTED IN THE NAME OF SHELL

19 September 2007

By Alfred Donovan

We have today notified Mr Michiel Brandjes, the Company Secretary and General Counsel Corporate, of yet another lottery scam being conducted in the name of Shell, in this case by “Shell Oil”.

http://www.artisan2k.com/actualites/070919_shelloilcooperation.htm

 In a response this afternoon, Mr Brandjes said:

“Thank for fwd this. I have brought it to the attention of the right persons in Shell.”

No doubt Shell’s Head of Global Security, a former senior officer of the British Secret Service, Mr. Ian Forbes McCredie OBE, will look into the matter in view of the further damage being inflicted on Shell’s already discredited reputation. It is bad enough suffering the fallout from in-house multi-billion dollar fraud without being tarnished by the activities of common scam artists. At least Shell’s principle crook was titled, even if not properly house trained. 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.

Former Shell Executive Paddy Briggs comments on The Daily Telegraph article: ‘Anita Roddick: A great heart in a tiny frame’

 Former Shell Executive, Paddy Briggs, Wikipedia image

September 19th, 2007 03:32

Former Shell Executive Paddy Briggs comments on The Daily Telegraph article: ‘Anita Roddick: A great heart in a tiny frame’

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2007/09/16/nranita116.xml

About six years ago, when I was still working for Shell, I attended an International Advertising conference in London at which Anita Roddick spoke. Her main subject was Shell in Nigeria and what she had to say was an eye-opener for me. My Shell career had never taken me to Nigeria and whilst I knew of the problems I was completely taken aback by the strength of Ms Roddick’s criticism of what Shell had been doing there for decades. It was a well-researched, eloquent and shocking attack on corporate greed and mismanagement. Perhaps the most telling point to me, as a practitioner in Brand and Reputation management, was when Anita Roddick 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.

Reuters: UPDATE 1-Sakhalin-2’s winter crude exports delayed- sources (*Predictions made by Sak2 insiders on this website proven correct)

Wed Sep 19, 2007 12:23 PM BST
(Adds details, background)

By Annika Breidthardt and Ajay Kamalakaran

SINGAPORE/YUZHNO-SAKHALINSK, Russia, Sept 19 (Reuters) – Russian Sakhalin-2’s first year-round exports of Vityaz crude will be pushed back to next year due to delays in pipeline commissioning, sources said on Wednesday.

The delay will mean lower-than-expected winter supplies of a highly-sought light crude to a tight oil market worried about peak heating season demand and already facing record prices at above $82 a barrel. 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.

kommersant: How Russia is Nationalized: The Oil Sector

Sep. 19, 2007

The processes of nationalization in the oil sector are more visible than others and filled with more drama. Still, the state’s desire to capture an ever larger slice of the industy’s income seems logical. But often the methods and appetite of the state companies contradict this logic.

The Creativity of Capitalism

Looking back at the history of the Russian oil industry we find its initial privatization had taken place that by the end of 1997. The state retained about as many companies as it sold, although it often controlled larger and better shares. At the time, the only national company among them was Rosneft with enterprises dispersed across the entire country, from the Far East (Sakhalinmorneftegaz, with an interest in Sakhalin-1 and Komsomolsky oil refinery) to the Southwest (oil production in the Krasnodar and Stavropol regions and Tuapsinskiy oil refinery). But with only one sizable production plant (Purneftegaz in western Siberia). In addition, the government owned Tatneft, Bashneft, Bashneftekhim, which all had connections to the regional elite; company ONAKO Slavneft, created as a Russian-Belarusian project with production in Siberia and refinement in Belarus, which was limited to Russian shares as a result of Belarus’ refusal to offer a stake in the Mozyrsky oil refinery. This was all poorly managed and obviously a project left uncompleted. 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.

Read Sakhalin Energy CEO’s speech to the Sakhalin Oil and Gas Conference (buckets of BS and no mention of David Greer?)

4 September, 2007: Company CEO Ian Criag delivers message at Sakhalin’s major energy conference

Mr. Chairman, Ladies and Gentlemen.

It is a great privilege and pleasure to be here to provide an update on the Sakhalin II project.

I would like to start by taking this opportunity to thank our shareholders, our staff and our key Russian and international contractors for their many achievements to date.

I would also like to thank the Sakhalin Oblast and the Russian Federation for their foresight, understanding and continued support. 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.

Boston Globe: Settlement ends 1st trial in Texas BP blast

Boston Globe BP Refinery image

More than 4,000 claims were filed after the March 23, 2005, blast at the BP refinery in Texas City, Texas, that killed 15 people. The company has settled more than 1,600 of the claims, including ones by four victims who were the first to go to trial in the case. (BRETT COOMER/HOUSTON CHRONICLE VIA ASSOCIATED PRESS)

By Bloomberg  |  September 19, 2007

HOUSTON – BP PLC has agreed to settle claims by four victims of an explosion in 2005 at its Texas refinery, ending the first trial over the disaster. The terms weren’t disclosed. 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.

AME Info:Shell on Gulf oil buying spree

United Arab Emirates

Royal Dutch Shell has bought unusually high amounts of Dubai crude this month, pushing up prices for the benchmark Middle East grade and hurting Asian refiners already burdened with record costs, reported Reuters. Shell has so far this month bought 162 Dubai partials, or 25,000-barrel lots, more than the total number of trades in the first seven months of 2007. Shell had no comment as to the reasons for its spending spree.

http://www.ameinfo.com/132517.html

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.

Irish Independent: Greens warn all parties must unite on future policies to avert a crisis

Published: Sep 19, 2007

IRELAND needs a cross-party, united approach to renewable energy development if a future economic crisis over oil dependency is to be avoided.

Energy Minister Eamon Ryan warned a major international oil conference yesterday that Ireland’s future energy policies “cannot be party political”, if they are to succeed in the long-term.

His warning came as Lord Ron Oxburgh, the former chairman of oil-giants, Shell, stressed that the world’s love affair with — and total dependence on — the internal combustion engine needs to be reduced. 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.

Irish Times: Garbage our best energy hope, peakoil forum told (*Lord Oxburgh talks garbage)

Michelle McDonagh, in Cork, Irish Times
Published: Sep 19, 2007

Urban refuse could be the biggest resource the world has in combating the future energy crisis, the former non-executive chairman of Shell UK, Lord Oxburgh, told a major conference in Cork yesterday.

Garbage, he said, contained an enormous amount of organic material, such as newspapers, grass cuttings, food and old shoes,that could be used to release energy to produce biofuel.

“If you took the organic component of US garbage today and theoretically released the energy from it, you would have enough energy to fuel the current US fleet of service vehicles. 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.

Irish Times: Shell publishes preferred pipeline routes

Lorna Siggins, Marine Correspondent, Irish Times
Published: Sep 19, 2007

Consultants for Shell E&P Ireland have published a shortlist of three “corridors” for a modified Corrib gas onshore pipeline route in Co Mayo.

All three routes, including the most direct corridor down Sruwaddaccon Bay, are within designated environmentally sensitive areas under the EU Habitats Directive.

However, Shell’s consultants say that approval can still be secured if it can be proven that “controlled construction techniques” can “minimise environmental impact”. 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: Big oil plays waiting game over Iraq’s reserves

By Ed Crooks and Sheila McNulty
Published: September 19 2007 03:00 | Last updated: September 19 2007 03:00

In Iraq, oil companies face a dilemma. They can wait for the central government in Baghdad to agree a new oil law that will give them a legal framework in which to operate, and for the security situation to abate.

Or they can press ahead and sign agreements with the Kurdistan Regional Government, the authority in the autonomous north of Iraq, at the risk of souring relations with Baghdad and shutting themselves out of deals in the rest of the country. 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.

jpost.com: ‘Dozens died in Syria-Iran missile test’ (*Iran, Shell’s business partner)

Sep 18, 2007 13:54 | Updated Sep 19, 2007 8:30
By JPOST.COM STAFF

Proof of cooperation between Iran and Syria in the proliferation and development of weapons of mass destruction was brought to light Monday in a Jane’s Defence Weekly report that dozens of Iranian engineers and 15 Syrian officers were killed in a July 23 accident in Syria.

According to the report, cited by Channel 10, the joint Syrian-Iranian team was attempting to mount a chemical warhead on a Scud missile when the explosion occurred, spreading lethal chemical agents, including sarin nerve gas. 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: Crude Oil Rises Above $82 as U.S. Rate Cut to Stoke Fuel Demand

By Sophie Tan and Christian Schmollinger

Sept. 19 (Bloomberg) — Crude oil rose, trading above $82 a barrel for a second day in New York, on speculation a U.S. interest rate cut will bolster fuel demand.

The Federal Reserve lowered its benchmark interest rate by a half point, more than economists predicted, to help sustain economic growth in the U.S., the world’s largest oil user. The Reuters-Jeffries/CRB Index of 19 commodities yesterday closed at its highest since Sept. 5, 2006, and gold reached a 16-month peak. 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.

Reuters: UPDATE 1-Shell says pulling workers from Gulf of Mexico

Wed Sep 19, 2007 1:11am BST
 
HOUSTON, (Reuters) – Shell Oil Co (RDSa.L: Quote, Profile, Research) evacuated 300 non-essential workers from the U.S. Gulf of Mexico but production was unaffected on Tuesday as a developing tropical disturbance was expected to strengthen and enter the Gulf later this week.

Shell said it plans to pull an additional 400 non-essential workers on Wednesday.

Other oil and natural gas producer representatives contacted on Tuesday night said they continued to closely monitor Tropical Disturbance 50 as it churned between the southeast coast of Florida and the north Bahama Islands. 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.