Posts on ‘January 11th, 2008’

Fri Jan 11, 2008 8:51pm GMT� By Bruce Nichols HOUSTON (Reuters) – A proposed LNG terminal in Long Island Sound off New York took a big step forward Friday with release of a favorable U.S. environmental impact statement. The Federal Energy Regulatory Commission staff released the 2,220-page report approving the project as long as builders [...]

Published: January 11, 2008 11:34 AM� � LONDON -(Dow Jones)- The head of Russia’s environmental regulating agency, Sergey Sai, has tendered his resignation, a person close to the government said Friday. Sai, who ran the Federal Subsoil Resources Management Agency, or Rosprirodnadzor, submitted his resignation to the minister of natural resources on Dec. 26, with [...]

Iain Thomson, vnunet.com 11 Jan 2008 Shell is to offshore over 3,000 UK IT jobs and retain only a small core of staff in its UK offices. Unite, the union previously known as Amicus, is now threatening Shell with legal action over the redundancy terms offered by the company. IT staff are being offered a [...]

Jan 11, 2008 04:30 AM Tyler Hamilton Energy Reporter Maverick economist Jeff Rubin, who is at the top of his game these days, says Canadians shouldn’t be surprised to see gasoline at $1.50 a litre and oil at $150 (U.S.) a barrel within the next four years � possibly much sooner. Oil depletion from existing [...]

Fri Jan 11, 2008 2:13am GMT By Chris Baltimore WASHINGTON (Reuters) – Crude oil at $100 a barrel would still be “pretty cheap” because global oil demand shows no signs of abating and new energy sources are in short supply, a prominent U.S. oil analyst said on Thursday. Matt Simmons, founder of Houston-based Simmons and [...]

By Juan Forero Washington Post Foreign Service Saturday, May 12, 2007; Page D01 CARACAS, Venezuela — When the state oil company recently took over the last privately run oil fields in Venezuela, President Hugo Ch�vez declared it a victory against Washington and a giant leap toward a new energy policy that would diversify the market [...]

By Anthony DiPaola Jan. 11 (Bloomberg) — Eni SpA fell in Milan trading after a news report said the Kazakh government may cancel the contract to develop the Kashagan oil field, held by a group the Italian company represents. Kazakhstan may annul the production-sharing agreement with the Eni-led group, Russian news agency Interfax reported, citing [...]

(ANSA) – Moscow, January 11 – Italian energy giant Eni’s huge Kazakh oil project faced a fresh threat Friday after a report that Kazakhstan authorities may try to ditch the consortium led by Eni’s oil subsidiary Agip. According to a source cited by the Russian Interfax news agency, the Kazakh energy ministry ”is examining the [...]

By RUSSELL GOLD and OLIVER KLAUS January 11, 2008 ConocoPhillips has emerged as the front-runner to participate in a $10 billion, multiyear project to develop the Shah natural-gas field in Abu Dhabi, according to several people familiar with negotiations. Separately, the Houston company’s effort to build a gas pipeline in Alaska was rejected by the [...]

By ALEXEI BARRIONUEVO Published: January 11, 2008 RIO DE JANEIRO � While some of the world�s largest oil producers, including Mexico and Iran, are struggling to remain exporters, Brazil is moving in the opposite direction. A huge underwater oil field discovered late last year has the potential to transform South America�s largest country into a [...]

Inventive and dynamic risk-takers who changed the face of Britain January 10, 2008 Compiled by Our Business Staff Does Sir Win Bischoff wield the most power and influence in British business? Does the dire trading statement of Wednesday mean that Sir Stuart Rose is far too generously rated? Does Alistair Darling deserve the relatively lowly [...]

Reuters Thursday January 10 2008 By Jeffrey Jones CALGARY, Alberta, Jan 10 (Reuters) – Canadian oil sands mining projects, seen as a key source of North American energy supply for decades to come, have been given poor environmental marks in a report released on Thursday, with even the best performer barely garnering a passing grade. [...]

Jan 11, 2008 Oil giant Shell plans to offshore more than 3,000 IT jobs worldwide following a financial review of its business. Redundancy packages of �50,000 are being offered to the company�s IT staff, dwarfing the �200,000 packages it has pledged to its offshore oil rig workers. Amicus is threatening to take legal action due [...]

VLADIVOSTOK, January 10: Second tanker for liquefied natural gas transportation “Grand Aniva” is given to Sakhalin Energy company. As it was reported in the company’s press-service it is the second of three tankers chartered by Sakhalin Energy for long period. These ships will deliver LNG to consumers in countries of Asia-Pacific region from the first [...]