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Posts on ‘September 29th, 2007’

The Sunday Telegraph: Share tips: Oil’s well at BP despite setback

Edited by Iain Dey Last Updated: 11:37pm BST 29/09/2007 Tony Hayward, the chief executive of BP (567.5p), was caught off guard last week when comments from a staff meeting leaked into the public domain. He warned that third-quarter results from the oil major would be “dreadful” and a strategic overhaul is imminent. While the news [...]

Buenos Aires Herald: Article plus related correspondence including letter from the President of Shell Argentina published 29 Sept 2007

Article published 7 September 2007: Shell to appeal refinery closure   Shell CAPSA will appeal an order issued late Wednesday night that will lead to the closure of its refinery in the Dock Sud area for alleged pollution, company president Juan José Aranguren announced yesterday.  By Peter Johnson Herald staff The closure, the latest in [...]

San Gabriel Valley Tribune: Another form of gasoline price deception

By Thomas Elias It’s one thing for consumer advocates to argue endlessly that oil companies are guilty of long-running collusion in setting prices. There’s plenty of evidence they are correct in that contention – the similarly of prices offered by different companies at the same intersections is one indicator. But no one has yet produced [...]

The Wall Street Journal: How Economy Could Survive Oil At $100 a Barrel

The Wall Street Journal: How Economy Could Survive Oil At $100 a Barrel Compared to 1980, U.S. Is More Able to Handle Once-Unthinkable Rise By PETER FRITSCH and KELLY EVANS September 29, 2007; Page A1 The world economy has managed, with some indigestion, to swallow the rise of oil prices past $80 a barrel. How [...]

Daily Telegraph: Shell Wildlife Photographer winners reveal nature’s grand illusions

A silky shark closes in on a pilot fish. Pilot fish often swim in front of sharks to feed on scraps By Gordon Rayner Last Updated: 12:01am BST 29/09/2007 The subject matter may be familiar, but this stunning image of a shark beautifully captures nature’s infinite ability to surprise and delight us.   In pictures: [...]

The Times: Shell Wildlife Photographer of the Year: Wildlife photos go on display

*Shell and famed whistleblower Dr John Huong… September 29, 2007 LONDON Whether spooked, sinister, watchful or plain comical, wildlife features in all its guises in the prestigious Shell Wildlife Photographer of the Year contest. More than 32,000 pictures have been entered; 49 have been highly commended and 107 will go on display at the London’s [...]

Petroleum News: Protecting Arctic waters

Joint program researches aspects of responding to oil spill in ice-infested waters Alan Bailey Vol. 12, No. 39  Week of September 30, 2007 Worldwide interest in the petroleum potential of the Arctic seas has triggered a corresponding focus on the practicalities of responding to an oil spill, were disaster to strike an offshore oil operation. [...]

Petroleum News: Repsol partners with Eni, Shell off Alaska in Beaufort Sea

Vol. 12, No. 39  Week of September 30, 2007 Repsol YPF has joined Shell and Eni in a block of 64 leases in the Beaufort Sea off Alaska’s North Slope. It’s the Spanish oil and gas major’s first acquisition in the state. Shell and Eni exchanged working interests in the contiguous outer continental shelf leases [...]

Petroleum News: Shell: proven techniques

Vol. 12, No. 39  Week of September 30, 2007 Given the amount of research being done on Arctic oil spill response, Petroleum News asked Shell, a participant in the SINTEF Arctic oil spill response joint industry program, to comment on the viability of the techniques and technologies that the company has specified in its oil [...]

Gulf-Times (Qatar): Shell hoovers up Nov Dubai crude exports

Shell is the first company in over three years to openly absorb an entire month’s slate of Dubai crude cargoes, say traders Published: Saturday, 29 September, 2007, 02:08 AM Doha Time  SINGAPORE: European major Shell has purchased all available November-loading benchmark Dubai crude cargoes after an unprecedented buying spree on the partials market this month, [...]

UPI Energy Watch: Sakhalin-2 faces construction problems under Gazprom

Sakhalin-2 will not begin exporting oil and gas from the new terminals until the first half of next year due to construction and commissioning delays on Russia’s largest offshore project. The Gazprom-led Sakhalin Energy Investment Co. continues to build and commission the oil and gas pipelines that run along the length of the east Russian [...]