Posts on ‘October 20th, 2007’

EXTRACT: He is also the chief executive of Burson-Marsteller, (part of the British-based WPP Group), a public relations firm that in the course of its career has been retained to winch some sensationally grimy clients out of the mud, such as Union Carbide after Bhopal, the Argentine military junta and Royal Dutch Shell after some [...]

Oct 20 07:28 AM US/Eastern         Iran warned on Saturday it would fire off 11,000 rockets at enemy bases within the space of a minute if the United States launched military action against the Islamic republic. “In the first minute of an invasion by the enemy, 11,000 rockets and cannons would be fired at enemy [...]

US refineries back in action and new fields opening By John Phelps 21 October 2007 BP CHIEF executive Tony Hayward is expected to claim that the embattled giant is finally nearing the end of a three-year downward spiral on Tuesday when he is due to confirm news of a further profits setback despite soaring energy [...]

ASTANA.  Oct  20  (Interfax)  -  All  participants  in a project to develop  the  giant  Kashagan  oil field in Kazakhstan, including Kazakh officials,  on Saturday reached an essential agreement to enlarge Kazakh state company  KazMunayGas’  share  in the project but did not agree the future size of its share yet, a source told Interfax. Today KazMunayGas [...]

By KRISTEN HAYS Copyright 2007 Houston Chronicle Oct. 19, 2007, 11:58PM: Energy As oil and gas companies push into deeper ocean waters and more remote areas to find their bounty, a branch of science that conjures images of digging for bones of dinosaurs and human ancestors is becoming more integral in the search. Paleontologists — [...]

By Sharlene Goff, Financial Times Published: Oct 20, 2007 Makis Kaketsis has managed the F&C UK Dynamic Fund since December 2005. And he has turned around the performance of the fund. What is your current top tip? BG – formerly British Gas. This company has turned itself into an expert in the exploration, production and [...]

EXTRACT: The main reason the UK oil sector has underperformed is because of the sluggish performance of its two biggest companies – BP and Royal Dutch Shell. By Neil Hume Published: October 20 2007 03:00 | Last updated: October 20 2007 03:00 They both extract minerals, both have emerging markets exposure and both are in [...]

THE ASSOCIATED PRESS ANACORTES, Wash. — Firefighters were able to extinguish a fire that started Friday in a diesel storage tank at the Shell Puget Sound refinery. Three employees were treated for minor injuries, Shell spokesman Brian Sibley said. The cause of the fire was not immediately known, but operations at the refinery were not [...]

(Bloomberg) 20 October 2007 KARACHI — Shell Pakistan Ltd., a unit of Royal Dutch Shell Plc, posted a profit in the first-quarter as the value of oil stocks gained because of higher crude prices. Net income rose to Rs532.7 million ($8.8 million), or Rs9.72 a share, in the first-quarter ended Sept. 30, compared with a [...]

Fri Oct 19, 2007 11:17pm BST  HOUSTON, Oct 19 (Reuters) – Operations were normal at Shell Oil Co’s 145,000 barrel per day (bpd) refinery in Anacortes, Washington, after a Friday afternoon fire at a giant storage tank, a spokesman said. Three firefighters suffered minor injuries, said Shell’s Brian Sibley. Two firefighters sustained abrasions and one [...]

LAGOS (AFP) — A fire broke out at a southern Nigerian gas plant run by Anglo-Dutch oil giant Shell on Friday, the day after it was reopened following closure because of a blaze last week, officials said. “The incident happened at the same spot as last Friday’s. A helicopter fly-over shows there is a burning [...]

Eric Watkins Senior Correspondent LOS ANGELES, Oct. 19 — The annual capacity of the Sakhalin 2 liquefaction plant under construction on Sakhalin Island will be increased by 7 million tonnes, said a state official Oct. 18. Regional Gov. Alexander Khoroshavin said the working group of project operator Sakhalin Energy Investment Co. has begun to draft [...]