Robert Mugabe has put the BP’s Zimbabwe operation at the top of the list for takeover under a new law to bring foreign companies under local control, write Michael Gwaridzo and Stephen Bevan. He told a meeting of his ruling Zanu-PF party’s politburo that the oil giant would be one of the first companies to [...]
Posts on ‘September 22nd, 2007’
Bloomberg: BP Returning to Normal Operations in Gulf After Storm Passes
By Jim Kennett Sept. 22 (Bloomberg) — BP Plc, Europe’s second-largest oil company, said it was returning to normal operations in the U.S. Gulf of Mexico after evacuating personnel who were under threat of a potentially dangerous storm. Royal Dutch Shell Plc, the largest producer in the Gulf, also began returning workers to some offshore [...]
Sydney Morning Herald: Gas set to put on a spurt as contractors expand
Email Print Normal font Large font Angela Macdonald-Smith September 22, 2007 ROYAL Dutch Shell, the world’s biggest non-state producer of liquefied natural gas, said the jump in construction costs that had been delaying new supply projects was set to ease as engineering companies expanded. For the first time in at least two years, engineering contractors [...]
Petroleum News: Court denies Shell’s petition
Vol. 12, No. 38 Week of September 23, 2007 9th Circuit reaffirms temporary injunction against Beaufort Sea drilling until 3 appeals against Shell’s exploration plan resolved Alan Bailey Petroleum News The controversy surrounding the push spearheaded by Shell to extend oil and gas development into Alaska Arctic offshore revolves to a considerable extent around fundamental [...]
Live Chat Guest 6011 puts a finger on the underlying problem with Shell senior management
By John Donovan Saturday 22 September 2007 Guest 6011 joins the debate about Malcolm Brinded and David Greer with postings on Saturday 22 September 2007 Guest 6011: I am not 8656 but I do know both Brinded & Greer from my own time with Shell: Greer was a typical bully, who could be very good [...]
CNNMoney.com: Motiva’s Larger Refinery May Process Shell’s Canadian Crude
HOUSTON -(Dow Jones)- A newly approved refinery expansion may provide the latest option for processing Canadian crude. Motiva Enterprises LLC’s decision to double the size of its Port Arthur, Texas, refinery provides an outlet capable of handling an additional 325,000 barrels a day of heavy, sour grades of crude. Final approval of the $7 billion [...]
The Guardian: Scramble for the seabed: or how Rockall could be the key to a British oil bonanza
UK, France and Russia plan to exploit new UN rules to claim huge swaths of ocean John Vidal, environment editor, and Owen Bowcott The Guardian Saturday September 22 2007 Britain is poised to get much bigger. South Africa, Russia, France, Brazil, Australia and Ireland are hoping to expand too. In fact, 45 countries with [...]
Washington Post: Taking Cues From Fed, Speculators Bid Up Oil
Speculation caused oil prices to reach record highs after the Federal Reserve’s interest rate cut eased concerns about a U.S. economic slowdown. (By Hasan Jamali — Associated Press) By Steven Mufson Washington Post Staff Writer Saturday, September 22, 2007; Page D01 Federal Reserve Chairman Ben S. Bernanke may have cooled off the credit crisis by [...]
Washington Post: Taking Cues From Fed, Speculators Bid Up Oil
Speculation caused oil prices to reach record highs after the Federal Reserve’s interest rate cut eased concerns about a U.S. economic slowdown. (By Hasan Jamali — Associated Press) By Steven Mufson Washington Post Staff Writer Saturday, September 22, 2007; Page D01 Federal Reserve Chairman Ben S. Bernanke may have cooled off the credit crisis by [...]
Daily Telegraph: Shell and Saudis invest in US refinery
Port Arthur refinery will, by 2010, produce enough fuel to fill 1.5m cars each day By Russell Hotten Industry Editor Last Updated: 2:19am BST 22/09/2007 Royal Dutch Shell and Saudi Arabia’s state-owned oil company are to spend at least $7bn (£3.5bn) to more than double the size of a refinery in Texas in what [...]
Burnaby Newsleader (Canada): Shell files suit over oil spill costs
By Michael McQuillan NewsLeader Sep 21 2007 Shell Canada filed a law suit this week seeking damages following the July oil spill in North Burnaby. The Calgary-based company is looking to recover costs from the City of Burnaby, Kinder Morgan and Cusano Contracting. Shell operates the Shellburn Distribution Facility at the north end of Kensington [...]
The Times: Bush may bypass UN with tough sanctions against Iran
EXTRACT: Washington has repeatedly pressed European banks and energy companies to cease investing in a state it lists as a state sponsor of terrorism. Firms that could be hard hit include the Anglo-Dutch oil giant, Shell, which is considering a multi-billion pound project in Iran to produce natural gas. THE ARTICLE: Bush may bypass UN [...]
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