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Posts from ‘October, 2007’

HRH Sultan Azlan Shah speaks out on crisis in Malaysian judiciary

By John Donovan We have recently published articles relating to former Shell employees involved in litigation with Shell Malaysia. “TEAM A” CASE: 399 SHELL PENSIONERS SUING SHELL In a pension fund case involving 399 Shell Malaysia pensioners, an appeal court overturned a Judgment that Shell had made unlawful deductions from their retirement funds. One of […]

The Huntsville Forester (Ontario): Shell Canada to conduct testing

by Carlye Malchuk Oct 31, 2007 Fuel company Shell Canada will be conducting an environmental site assessment at Avery Beach in the coming weeks to determine if there was any leaching of petroleum products into the park. In the late 1920s the Canadian Oil Company acquired property adjacent to the park that was used as […] Navy officer killed in attack on vessel protecting Shell oilfield, Nigeria

(Thomson Financial) – A navy officer was killed and four injured in an overnight attack on a naval vessel protecting a Royal Dutch Shell offshore oilfield in southern Nigeria, industry and security sources told Agence France-Presse. ‘We got a report that militants attacked the navy vessel NNS Obula at 2105 hours. The vessel was detailed […] Oil Majors Quietly Investing In Renewable Fuel Sector

October 31, 2007 In case you have missed it, the oil majors are quietly investing in the renewable fuel sector. ConocoPhillips (COP) has made the largest foray with its partnership with Tyson Foods (TSN) to produce biodiesel from chicken fat and a recently announced deal with Archer Daniels Midland (ADM) to produce fuel from biomass […]

Fortune Magazine: Oil shale may finally have its moment

In a dusty corner of northwestern Colorado, an energy of the future is beginning to look like the real thing. Can oil shale work? Fortune’s Jon Birger reports. By Jon Birger, Fortune senior writer October 31 2007: 5:43 AM EDT (Fortune Magazine) — Touring a drilling site on a dusty mountain plateau above Rifle, Colo., […]

The Havard Crimson: Shell Gives $3.75M For Energy Studies

Published On Wednesday, October 31, 2007  3:34 AM By DAVID K. HAUSMAN and CLIFFORD M MARKS Crimson Staff Writer A major oil company is shelling out money for programs at the Kennedy School of Government. A division of Royal Dutch Shell, the world’s second-largest publicly traded oil company, will donate $3.75 million over the next […]

Bloomberg: Macquarie, Babcock May Bid for Shell-Exxon Venture, People Say

By Ambereen Choudhury and Thom Rose Oct. 31 (Bloomberg) — Macquarie Bank Ltd. and Deutsche Bank AG’s RREEF infrastructure fund are among firms that may bid for a German gas storage and transport network owned partly by Exxon Mobil Corp., said five people involved with the proposals. BEB Transport & Speicher Service GmbH, a joint […]

Reuters: Shell says oil theft in Nigeria growing again

Wed Oct 31, 2007 9:10 AM BST CAPE TOWN, Oct 31 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote, Profile , Research) said on Wednesday that crude oil theft at sites in Nigeria was rising, posing a problem for development and a safety risk for those engaging in the practice. “It is on the rise […]

UpstreamOnline: Malampaya oil rim given $1bn price tag

By Upstream staff Philippine National Oil Company’s upstream arm PNOC Exploration Corporation (PNOC-EC) has estimated it would cost around $1 billion to develop the Malampaya oil rim, a thin layer of oil at the bottom of the Malampaya gas field, PNOC-EC president Rafael Del Pilar said. The oil rim’s development would involve a capital expenditure […]

Financial Times: Tehran pushes for end to delays on gas field deal

By Najmeh Bozorgmehr in Tehran Published: October 31 2007 02:00 | Last updated: October 31 2007 02:00 Iran says it is ready to address the concerns of western oil groups that have blamed spiralling global costs for delays in signing up to multibillion dollar contracts to develop the South Pars natural gas field. “The increase […]

The Wall Street Journal: Why Oil May Not Stop at $100

As Reservoirs Age and Demand Grows, Prices May Go Even Higher By NEIL KING JR. and GUY CHAZAN October 31, 2007; Page A6 LONDON — Oil at $100 a barrel? That may not be the worst of it. Several leading oil experts, gathered here yesterday for an annual energy conference, sketched a near-term future in […]