Posts on ‘November 6th, 2007’

November 6, 2007 6:14 p.m. EST  Paul Icamina – AHN News Writer San Francisco, CA (AHN) – Industrial noise and oil spills could disturb or harm endangered bowhead whales, polar bears, fish and birds that sustain the Inupiat subsistence culture in Alaska’s Beaufort Sea. These were the arguments put forward by native whale hunters, environmentalists [...]

Tue Nov 6, 2007 7:00pm GMT  MOSCOW (Reuters) – Dutch firms are looking for more gas exploration opportunities in Russia, the world’s biggest gas producer, a Dutch minister of foreign trade told reporters on Tuesday. “Dutch companies are looking at possibilities to explore gas fields in Yamal… it’s very cold, it’s very difficult, but there’s [...]

Tue Nov 6, 2007 10:58am EST  By Tom Bergin and Michael Erman – Analysis LONDON/NEW YORK (Reuters) – If $100 dollars a barrel becomes a long term oil price, shares in top crude producing companies should benefit, but the dramatic boost implied by traditional financial models is unlikely. Analysts’ existing assumptions indicate as much as [...]

By Julie Ziegler Nov. 5 (Bloomberg) — Nigeria, Africa’s biggest producer of crude oil, is planning to stop funding joint ventures with major oil companies and instead wants the money raised on international capital markets. President Umaru Yar’Adua said that money spent by the government to finance partnerships with Royal Dutch Shell Plc, Exxon Mobil [...]

Tue Nov 6, 2007 5:59 AM ET LONDON (Reuters) – Oil leapt more than a dollar on Tuesday, rebounding to above $95 a barrel as financial players drove volatility. Investors, wary of global equity markets where the full impact of the credit crunch has yet to become clear, see oil as a good bet, especially [...]

Former Royal Dutch Shell Brand Executive, Paddy Briggs, comments on todays Washington Times article… The Washington Times: Socialist oil death spiral (6 November 2007) November 6th, 2007 04:37 I am surprised that a newspaper in America’s Federal capital would give space to an article so woefully short on logic and verifiable facts. To suggest that America’s [...]

This Day (Lagos) 6 November 2007 Chika Amanze-Nwachuku Lagos And Omon-Julius Onabu in Warri Utorogu Gas Plant, belonging to Shell Petroleum Development Company (SPDC), has been reopened. The plant was shut in the wake of the fire that gutted the 10-inch Utorogu-Ughelli Pumping Station condensate trunkline mid last month.   SPDC official who confirmed this [...]

Information released by Shell Media Office Tuesday, November 6, 2007 VOLUME 1 ISSUE 310 The development of sustainable biofuel took a step forward today as Royal Dutch Shell plc expanded its collaboration with Codexis Inc. to develop new super enzymes to convert biomass to fuel. The new agreement covers five years of research collaboration and [...]

Shell discovery documents added on 6 November 2007 Shell Confidential Economics, Planning and Portfolio Analysis (EPPA) Review – SNEP Co: Nov 2000 (32 pages) http://www.shellnews.net/classactiondocs/425_4.pdf Note From: A A Barendregt Group Reserves Auditor to A J Parsley, Director, SEPIV BV 8 February 1999: Confidential (13 Pages) http://www.shellnews.net/classactiondocs/425_5.pdf Shell Confidential: Petrol Resource Volume Guidelines Resource Classification [...]

6 November 2007 John Your piece on what van der Veer knew and when is excellent and should, in a world that should be critical of corporate unlawfulness be fatal to that fellow and his sidekick Malcolm Brinded. So why do the newspapers and more importantly the investment groups not pick this up?.  In light [...]

By Daniel Hannan One of the many tragic consequences of the Iraq war is that it has made it harder to act against Iran. The geographical and alphabetical proximity of the two countries tempts us into false comparisons. Look at the mess the neo-cons made in Iraq, we think. We surely can’t let those clots [...]

· Energy company shares triple in value on flotation · Analysts warn that China’s market boom is a bubble Jonathan Watts in Kunming and Graeme Wearden Tuesday November 6, 2007 PetroChina became the world’s first trillion-dollar company yesterday after shares in the business almost tripled in value on its flotation on the Shanghai stock market. [...]

By Gordon Feller For the Journal Russia’s President Vladimir Putin ordered his advisors to draft a detailed plan to develop Sakhalin Island’s infrastructure in the wake of a major earthquake there earlier this year. The situation in Sakhalin “should be radically improved,” Putin told a cabinet meeting Oct. 1. In the meantime, Russia’s state-controlled oil [...]

Richard W. Rahn November 6, 2007 Socialism always plants the seeds of its own destruction, and state-owned oil is no exception. Most people do not realize that about 90 percent of the world’s liquid oil reserves are controlled by governments or state-owned companies. Exxon Mobil, the world’s largest privately owned oil company, owns only 1.08 [...]

LONDON, November 5 (IranMania) – Iran warned foreign oil and gas firms that it will implement major projects with domestic companies alone if they do not speed up the completion of negotiations, Agence France-Presse (AFP) reported. Acting Oil Minister Gholam Hossein Nozari said the signing on Sunday of a subcontract for Iran’s first liquefied natural [...]