November 10, 2007 Several hundred police overpowered about 300 protesters who tried to block construction of a natural-gas processing plant in western Ireland. Three protesters were arrested and another was taken to hospital as officers cleared a sit-down protest at the gates of Royal Dutch Shell’s planned refinery in the unpopulated bogland of Bellanaboy, Co [...]
Posts on ‘November 9th, 2007’
Houston Chronicle: Shell Traders to Pay $1M Penalty
Nov. 9, 2007, 12:23PM © 2007 The Associated Press WASHINGTON — Five Royal Dutch Shell PLC energy traders will pay a $1 million total penalty to settle civil charges that they tried to manipulate natural-gas prices in 2001 and 2002. The federal Commodity Futures Trading Commission said Friday that the current and former traders at [...]
Shell discovery documents added on Friday 9 November 2007: every page marked confidential
Shell confidential discovery documents added on 9 November 2007 Exhibit 112: December 2000 Shell SIEP Development Angola: Note for information: Block 18 Reserves SDAN: From Grigore Simon and Robert Inglis update to Gordan Parry and Peter Osborne: Every page marked “CONFIDENTIAL” (4 pages) http://www.shellnews.net/classactiondocs/427_6_Exhibit_112_OCR.pdf Exhibit 113: October 2000 Shell SIEP internal email involving Grigore Simon, Robert [...]
Bloomberg: Brent Crude Oil Exports May Plunge 17% Next Year (Update1)
By Alexander Kwiatkowski Nov. 9 (Bloomberg) — Exports of Brent crude, the North Sea’s benchmark grade, may decline 17 percent next year, cutting U.K. petroleum revenue as exploration companies turn to more promising regions to boost oil supply. Brent shipments from the Sullom Voe terminal in Scotland will fall to 108 cargoes of 600,000 barrels [...]
CNNMoney: Still waiting to cash in on Iraq’s oil
Bush officials originally said oil money could help pay for reconstruction. But with production lagging, these funds barely cover the cost of running the government. By Steve Hargreaves, CNNMoney.com staff writer November 9 2007: 12:40 PM EST Iraq’s oil money was supposed to help rebuild the country, but war, squabbling and uncertainty leaves production [...]
International Herald Tribune: Irish police arrest 3 as protesters try to block construction of Shell natural-gas refinery
The Associated Press Published: November 9, 2007 DUBLIN, Ireland: Several hundred police overpowered about 300 protesters Friday as they tried to block construction of a natural-gas processing plant in remote western Ireland. Three protesters were arrested and another was hospitalized as officers cleared away a sit-down protest at the gates of Royal Dutch Shell PLC’s [...]
Belfast Telegraph: Three arrested during protest at Shell refinery in Mayo
Friday, November 09, 2007 Gardai say three people have been arrested during a demonstration this morning at the site of the controversial Shell refinery being built in Co Mayo. Several hundred demonstrators are understood to have attended the blockade arranged by the Shell to Sea campaign group. Several hundred Gardai are also at the site. [...]
Financial Times: Who’s who: Ten top powers to be reckoned with
By Ed Crooks Published: November 9 2007 04:36 | Last updated: November 9 2007 04:36 Abdallah Jum’ah President and chief executive officer, Saudi Aramco If there is one man on whom the future of global prosperity rests, it is Abdallah Jum’ah. As chief executive of Saudi Arabia’s national oil company, he is responsible for delivering [...]
Financial Times: International oil companies: Big shift in balance of power
By Ed Crooks Published: November 9 2007 04:36 | Last updated: November 9 2007 04:36 November 5, 2007 deserves to go down in history as a momentous day in the the world’s energy industries: it was when ExxonMobil was displaced as the world’s biggest quoted company by market capitalisation by PetroChina. The thin float and [...]
Financial Times: Resource nationalism: State groups give majors a run for their money
By Dino Mahtani Published: November 9 2007 04:36 | Last updated: November 9 2007 04:36 With the steep rise in oil prices over the past four years, a new group of companies has risen to the fore. National companies, from Saudi Aramco, to Russia’s Gazprom and Venezuela’s PdVSA control about 80 per cent of the [...]
Financial Times: Climate change: US change of tack seen as proof of pressure
By Fiona Harvey, Environment Correspondent Published: November 9 2007 04:36 | Last updated: November 9 2007 04:36 The US Congress recently began to consider proposals to impose a carbon cap on businesses, at a federal level. There is no guarantee that such proposals will succeed, though there is strong support for them within the Democratic [...]
Financial Times: Transport: Big debate over benefits and costs of biofuels
By John Reed Published: November 9 2007 04:36 | Last updated: November 9 2007 04:36 If money talks, then a terse deal announcement by Daimler and Volkswagen in October spoke eloquently about the car industry’s growing interest in biofuels. Europe’s two largest automakers said they would take a minority stake in Choren Industries, a German [...]
FT REPORT – ENERGY 2007: Big hopes pinned on carbon capture
By Rebecca Bream, Utilities Correspondent, Financial Times Published: Nov 09, 2007 While debates about whether to build nuclear reactors rage on and the developed world frets about its reliance on imported gas, the issue of coal is often overlooked. But a growing number of energy industry figures believe that coal, and technology that reduces its [...]
Financial Times: LNG: Opportunity lost as gas markets set to tighten
By Dino Mahtani Published: November 9 2007 04:36 | Last updated: November 9 2007 04:36 The past decade has seen the beginnings of the creation of a global gas market with the emergence of liquefied natural gas as a fully flexible option of delivering gas supply. Strong demand for gas-fired power stations in industrial nations [...]
Financial Times: Protest builds amid contamination fears
By Sheila McNulty in Fort McMurray Published: November 9 2007 02:00 | Last updated: November 9 2007 02:00 In the past few years, as countries such as Venezuela and Russia have made it increasingly difficult and expensive for international oil companies to explore for, and produce, oil, the ExxonMobils and Royal Dutch Shells of the [...]


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