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 [...]
Posts on ‘September 19th, 2007’
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 [...]
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 [...]
Former Shell Executive Paddy Briggs comments on The Daily Telegraph article: ‘Anita Roddick: A great heart in a tiny frame’
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 [...]
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 [...]
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 [...]
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 [...]
Boston Globe: Settlement ends 1st trial in Texas BP blast
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 [...]
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 [...]
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 [...]
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, [...]
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. [...]
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 [...]
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 [...]
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 [...]


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