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Posts on ‘February 22nd, 2008’

The Guardian: The Russians are back

In Edward Lucas’s The New Cold War, Moscow’s new battle with the west is not about ideology but power, writes Angus Macqueen Saturday February 23, 2008 The New Cold War by Edward Lucas 352pp, Bloomsbury, £18.99 This book reads like a throwback to an era we hoped had passed into history. Painted in black and [...]

Financial Times: Shell urges SEC to ease rules

By Dino Mahtani in London Published: February 22 2008 22:58 | Last updated: February 22 2008 22:58 Royal Dutch Shell, Europe’s largest oil company, is asking US regulators to ease rules to allow the company to book oil and gas reserves from unconventional sources such as its Canadian tar sands operations. Under US Securities and [...]

Bloomberg: Shell Asks SEC to Allow Inclusion of Canadian Sands in Reserves

By Fred Pals Feb. 22 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company by market value, urged U.S. regulators to ease rules on how petroleum reserves are counted to allow the inclusion of Canada’s oil sands. “The current exclusion of reserves not reported for crude oil, natural gas, and natural gas liquids that [...]

Reuters: Shell sees potential in U.S. Arctic

Fri Feb 22, 2008 1:36pm EST  By Robert Campbell ANCHORAGE (Reuters) – Royal Dutch Shell Plc is looking for oil and gas in the Chukchi and Beaufort Seas off the coast of Alaska, but the finds will have to be significant to justify the huge cost of development, a senior Shell executive said Friday. Shell [...]

Counterpunch.org: Shell Oil’s Raid on the West Irish Countryside: Fear and Loathing on the Emerald Isle

By LIAM LEONARD February 21, 2008 The ‘Celtic Tiger’ economic boom of recent years has led to a number of disputes involving infrastructural projects around the green fields and valleys of rural Ireland. This article examines the critical issues surrounding one such dispute; the ‘Shell to Sea’ campaign in County Mayo on the island’s rugged [...]

Mayo News: The two worlds of the Corrib project

WORK IN PROGRESS: Work at the Corrib gas processing plant at Bellanaboy. Áine Ryan Thursday 21 February 2008 IF there was ever a poignant symbol of two worlds apart, there is no need to go further than the Corrib gas refinery site in Bellanaboy. These days, inside the gates, the beleaguered project is at its [...]

Mayo News: New pipeline route will be announced within weeks

Taking it all in: Journalists are given a guided tour of the Corrib gas processing plant at Bellanaboy. Pics: John O’Grady By Áine Ryan Thursday 21 February 2008 THE announcement of the new Corrib gas pipeline route is due in the coming weeks. Speculation that the final route will be the most direct corridor down [...]

Some light relief from Ireland: Mayo News: Garda fell head first eight feet into drain at protest in Bellananboy

Thursday, 21 February 2008  A FEMALE garda revealed how she could not breathe after she fell head first into an eight-foot drain full of water and muck – and thought she was going to be left there. Garda Orla Nelson (24), of Castleblayney Garda Station, was giving evidence at the hearing of Mr Edward ‘The [...]

Seeking Alpha: Oil Breaking $100 a Barrel – But Why?

Posted on: February 21, 2008 James Hamilton: Bio & more articles Crude oil reached a record high on Tuesday, and there’s an embarrassing oversupply of theories to explain why. Some opine that the oil market is still on edge over Venezuelan President Hugo Chavez’ decision to cut off sales of crude, gasoline, and diesel to [...]

Houston Chronicle Editorial: Eye on the eye

Feb. 18, 2008, 8:05PM A new partnership will enhance the ability to keep tabs on hurricanes in the Gulf. Copyright 2008 Houston Chronicle The idea is so logical, one wonders why nobody thought of it years ago. A conversation between a National Oceanic and Atmospheric Administration official and Shell Oil Co. President John Hofmeister at [...]

THE NEW YORK POST: UBS LOSS MAY COST BOSS JOB

Bloomberg February 22, 2008 — It may be the last year for Marcel Ospel at UBS AG. Europe’s largest bank by assets plans to reduce the chairman’s next term of office to one year from three after reporting a record loss, Zurich-based UBS said in a statement yesterday. Ospel, 58, was the force behind the [...]

The Register: Virgin biofuel jumbo trials won’t use algaeAs UK.gov reviews food-powered fuel policy

By Lewis Page Published Friday 22nd February 2008 09:55 GMT Trials of biofuels for airliners will use conventional, controversial feedstocks, it has been reported. Virgin Atlantic and Boeing had hoped to employ so-called “second-generation” biofuel feedstocks such as algae which wouldn’t threaten food production or biodiversity. The news comes as the UK government has announced [...]

ANNOUNCEMENT BY SAKHALIN ENERGY CEO IAN CRAIG ABOUT MARK WOJCIK: THE SPIN VS. THE FACTS

By John Donovan THE SPIN: LEAKED ANNOUNCEMENT BY SEIC CEO IAN CRAIG FROM: Ian Craig, CEO DATE:  15 January, 2008 SUBJECT: Staff Announcement Dear Colleagues, I am pleased to announce that, with effect from 1st March, 2008, Mark Wojcik, currently general manager of Human Resources department (GM HR), will be appointed to the new role [...]

Paddy Briggs: More on ‘Clearing the Air’

Friday, February 22, 2008 “Clearing the Air” Further thoughts on Shell’s misleading advertising My recent article criticising Shells’ “Clearing the Air” GTL advertising campaign has generated a (mostly) healthy debate here and elsethere. I hope that those who have criticised my piece are now satisfied (a) That there are no inaccuracies in it (b) That [...]

THE WALL STREET JOURNAL: Costly Oil Pushes Japan Into a Trade Deficit

By AKANE VALLERY UCHIDA February 22, 2008 TOKYO — Japan had a trade deficit for the first time in a year during January because of high oil prices, while exports to the U.S. declined, adding to worries about the world’s second-largest economy. The Ministry of Finance said the trade deficit came to 79.3 billion yen [...]