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Posts from ‘March, 2008’

Houston Business Journal: Shell awards $1.6B contract to AT&T

Monday, March 31, 2008 – 2:07 PM CDT Some Shell employees in Houston will be affected by Royal Dutch Shell plc’s selection of AT&T Inc. as its global communications infrastructure manager. Shell, based in The Hague, Netherlands, has its United States headquarters in Houston, where 60 employees have been given the opportunity to transfer to […]

Reuters: Oil execs to take heat from lawmakers Tuesday

Monday March 31, 3:35 pm ET By Chris Baltimore WASHINGTON (Reuters) – Five U.S. oil company executives set to testify on Capitol Hill on Tuesday about soaring gasoline prices and record industry profits will likely offer a common defense: It’s not our fault.   U.S. average pump prices have risen steadily since the beginning of […]

The Register: Shell waves goodbye to 3,000 IT staffers in $4bn outsourcing gig

By Kelly Fiveash Monday 31st March 2008 17:31 GMT Royal Dutch Shell today inked three outsourcing deals – worth $4.2bn over five years – to spin out IT and telecoms operations. In January, a leaked memo to staff revealed the oil company was in outsourcing talks with EDS, AT&T and T-Systems. Today, Shell sealed separate […]

Bloomberg: Centrica Hires Shell’s Hanafin to Replace Ulrich as Gas Chief

By Paul Dobson March 31 (Bloomberg) — Centrica Plc, Britain’s biggest energy supplier, hired Mark Hanafin from Royal Dutch Shell Plc to replace Jake Ulrich as managing director for the natural-gas production business and European operations. Ulrich will retire at the end of July after heading the company’s upstream business for 11 years, Windsor, England-based […]

Reuters: 1-T-Systems lands 5-yr, 1 bln-euro Shell contract

Mon Mar 31, 2008 8:18am EDT FRANKFURT, March 31 (Reuters) – Deutsche Telekom (DTEGn.DE: Quote, Profile, Research) said on Monday its business client unit T-Systems has won an information technology contract from Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) worth 1 billion euros ($1.58 billion) over five years. T-Systems, which this month announced an […]

NEW EUROPE: Kremlin Inc puts TNK-BP in its crosshairs

Author: Kostis Geropoulos 31 March 2008 – Issue : 775 UK oil giant BP downplayed the recent pressure piling on its Russian joint venture, TNK-BP. “What tension are you referring to? Where have you heard tension?” BP spokesman Toby Odone asked, laughing. The Russian Interior Ministry said the firm had violated immigration law by obtaining […]

CNNMoney.com: EDS Signs 5-Year, $1 Billion IT Outsourcing Pact With Shell

March 31, 2008: 06:47 AM EST DOW JONES NEWSWIRES Electronic Data Systems Corp. (EDS) Monday said it signed a five-year, $1 billion information-technology master services agreement with Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSA). EDS said the deal is one of three IT outsourcing agreements between Shell and three key suppliers, and is expected […]

International Herald Tribune: Shell awards $4 billion 5-year contract to AT&T, EDS and T-Systems

The Associated Press Monday, March 31, 2008 AMSTERDAM, Netherlands: Royal Dutch Shell PLC, Europe’s largest oil company, says it will pay AT&T, EDS and T-Systems a combined $4 billion over the next five years to manage its computer and communications systems. Shell says AT&T Inc. will manage its telecommunications; T-Systems, an arm of Deutsche Telekom […]

Toronto Star: Oil firms are caught in a squeeze play: Exxon has avoided faked-reserve scandals that have plagued rival Royal Dutch/Shell PLC

MIKE STONE/REUTERS FILE PHOTO Exxon Mobil chair and CEO Rex Tillerson has put his company on top of the corporate world with sound investment decisions. May 30, 2007.   Investor-owned oil majors like Exxon will no longer be able to increase their reserves, say analysts, because of new attitudes in oil-producing nations Mar 31, 2008 […]

International Herald Tribune: In gas-rich Gulf, supplies fall short

By Neil Partrick Sunday, March 30, 2008 DUBAI: According to BP’s latest “Statistical Review of World Energy,” Iran and Qatar sit on 30 percent of the world’s total natural gas reserves. Yet within the Gulf, the ability to meet the growing local demand for natural gas is being frustrated by underdeveloped supply mechanisms and limited […]

American Chronicle: Successes Sneaking Up on Us?

David Swanson March 30, 2008 Did you realize that…? Residents of Norco, La., poisoned by a Shell oil refinery and a Shell chemical plant, forced the company to pay the cost of residents relocating. A housewife in Niagara Falls, N.Y., organized her community against local pollution in a campaign that led to the creation of […]

UpstreamOnline: NWSV gives North Rankin B thumbs up

By Upstream staff Australia’s North West Shelf Venture (NWSV) has decided to press ahead with the A$ 5 billion development of the North Rankin 2 project off Western Australia, operator Woodside Petroleum said today. The final investment decision by the joint venture’s partners gives the green light for the installation of a second platform on […]

UpstreamOnline: Gabon oil workers threaten to widen strike

By Upstream staff Oil industry unions in Gabon threatened to call a nationwide strike if they fail to reach a deal to end a strike at Shell’s subsidiary in the country, where 60,000 bpd of production is shut in. “We are calling for the mobilisation of all ONEP members,” Guy Roger Aurat Reteno, secretary-general of […]

Associated Press: US demands to see Swiss-Iran contract

By BALZ BRUPPACHER, Associated Press Writer Sun Mar 30, 8:00 PM ET BERN, Switzerland – The U.S. has demanded to see a Swiss contract for natural gas supplies from Iran to see whether it violates an American sanctions law against Tehran, the U.S. Embassy in Switzerland said Sunday. A posting on the U.S. Embassy Web […]

THE WALL STREET JOURNAL: As Gas Prices Soar, Limited Supply Makes Old Pump Wars Scarce

DEJA VU By CYNTHIA CROSSEN March 31, 2008; Page B1 In 1923, William McMaster, then governor of South Dakota, called the price of gas in his state — 26.6 cents a gallon (equal to about $3.16 today) — “no less than highway robbery.” Late that summer, he asked Standard Oil Co., which supplied most of […]

The Guardian: Anger at HSBC plan to make bonuses easier to earn

Jill Treanor Monday March 31 2008 HSBC is preparing to publish a potentially controversial pay scheme that could allow its top executives to earn larger bonuses. Britain’s largest bank has consulted its biggest shareholders and is thought to have failed to reach a consensus of opinion among investors who will vote on the plan at […]

The Guardian: Oil slides to $105 as Iraq tensions calm

Monday March 31 2008 By Fayen Wong PERTH, March 31 (Reuters) – Oil fell more than $1 to less than $105 a barrel on Monday, extending Friday’s decline, after the restart of a crude pipeline system in Iraq eased fears of an extended exports disruption from the country’s oil-rich south. U.S. light crude for May […]

The Aspen Times: Does humanity’s future include a ‘very large extinction spasm’?: Expert suggests that might be the case if things don’t change

John Colson The Aspen Times Aspen, CO Colorado March 30, 2008 ASPEN — Some scientists say the Earth is headed for “a very large extinction spasm” if current trends continue, moderator Michael Totten told a panel of experts at the Aspen Environment Forum on Saturday. That prediction, he said, is based on estimates of how […]

allAfrica.com: Nigeria: FG Slams Tougher Sanction On Gas-Flaring Firms

This Day (Lagos) 30 March 2008 Festus Akanbi With agency report Federal Government has threatened to increase fines on energy companies that continue to release natural gas into the air when producing oil, the Minister of State for Petroleum, Mr Odein Ajumogobia (SAN), has said. “We certainly will increase the penalty for gas flaring,” Ajumogobia, […]

Daily Telegraph: Fears that ‘eco-towns’ will recycle bad planning

EXTRACT: It points to bids such as Carrington, in Trafford, Greater Manchester, as the way forward. There the oil company Shell has submitted a bid to build 5,000 homes on the 400-acre disused site of a petrochemical plant. THE ARTICLE By Patrick Sawer Last Updated: 12:01am BST 30/03/2008 Developers are threatening to concrete over acres […]

The Aspen Times (Colorado): Experts say oil is slippery situation: Clock ticking on the world’s supply

John Colson The Aspen Times Aspen CO, Colorado March 29, 2008 ASPEN — Experts might disagree about exactly when the world will run out of the oil that is easily found and extracted, but most agree that it will happen at some point and that humanity should be preparing for that day. That was one […]

Argus Media: Analysis — TNK-BP left in limbo following FSB raid Link

Time:  28 Mar 2008 10:26 GMT TNK-BP is facing fresh problems in the wake of last week’s raids by Russia’s Federal Security Service (FSB) on company offices in Moscow. BP this week recalled 148 of its secondees to TNK-BP, citing visa problems. “The process of clarifying new visa regulations is taking a little longer than […]

THE WALL STREET JOURNAL: Democrats to Press Oil Executives On Tax Incentives — and Polar Bears

By STEPHEN POWER March 29, 2008; Page A2 Big Oil will be making an appearance on Capitol Hill this coming week as congressional Democrats open hearings on two topics important to the industry. Top executives from Exxon Mobil Corp., BP PLC, Royal Dutch Shell PLC, Chevron Corp. and ConocoPhillips are expected to testify Tuesday before […]

CNNMoney.com: Union: Shell Gabon Oil Strike To Spread Through Indus -AFP

March 28, 2008: 07:15 PM EST LIBREVILLE (AFP)–An oil workers strike which has paralyzed production at a Royal Dutch Shell PLC (RDSA) subsidiary in Gabon is set to become an industry- wide dispute, union officials warned Friday. Industrial action at Shell’s Gamba terminal has halted 60,000 barrels a day of crude production since the strike […]

The Times: Regal Petroleum boss David Greer has come in from the cold

March 29, 2008 Robin Pagnamenta Most people would shudder at the prospect of being sent to Siberia. Not David Greer. He spent four years on the bleak Russian plains as director of a vast oil and gas project for Shell and, although life was tough, it was not all about hardship. “Sometimes you’d get up […]

LATEST EMAIL CORRESPONDENCE WITH ROYAL DUTCH SHELL COMPANY SECRETARY MICHIEL BRANDJES PUBLISHED 28 MARCH 2008

By John Donovan We have printed below our recent email correspondence with Mr Michiel Brandjes, Company Secretary and General Counsel Corporate of Royal Dutch Shell Plc. The subject is explained in the correspondence. John Donovan email to Mr Brandjes on 19 March 2008 From: John Donovan [mailto:[email protected]] Sent: 19 March 2008 15:56 To: ‘michiel.brandjes@ Cc: […]

Star-Telegram (Texas): GM plans to increase ethanol fleet

Posted on Fri, Mar. 28, 2008 By SCOTT STREATER Star-Telegram Staff Writer The fuel additive ethanol has been blamed lately for ills such as escalating food prices, global warming and the widening dead zone in the Gulf of Mexico. But don’t tell that to General Motors Corp., which is pushing forward with its plan for […]

Shell licenses petrochemical technology to Petro China

Friday, March 28, 2008 (China)  Shell Global Solutions International announced the signing of a licensing contract with PetroChina International Company Ltd and PetroChina Sichuan Petrochemical Company Limited (PSP), which are subsidiaries of China National Petroleum Corporation (CNPC), for the application of Shell’s Ethylene Oxide/Ethylene Glycol (EO/EG) process in a new petrochemical plant near Chengdu, Sichuan […]

RussiaToday.ru: Gazprom to jump on booming LNG market

Gazprom headquarters, Moscow March 28, 2008, 10:33 Gazprom is looking to cash in on booming global LNG demand with its liquefied natural gas production strategy covering up to 2030. LNG is set to be the future of gas transportation system.   Russia`s natural gas giant has announced it has ambitions to become one of the […]

UpstreamOnline.com: Collection of articles relating to David Greer

Sakhalin’s governor confirms LNG delays Sakhalin Island Governor Aleksandr Khoroshavin has confirmed that the start-up of liquefied natural gas deliveries from the Gazprom-led Sakhalin 2 project could be delayed by at least six months, writes Vladimir Afanasiev. Khoroshavin said he expects Sakhalin 2 operator Sakhalin Energy to start first shipments of LNG from the project […]

UpstreamOnline: Sakhalin Energy in spotlight

Russian environmental watchdog Rosprirodnadzor has tackled Sakhalin Energy over its refusal to pay $17 million in compensation for environmental damage caused during work on the Sakhalin 2 oil and gas project in the country’s far east, writes Vladimir Afanasiev. Rosprirodnadzor submitted the claim to the company in December to make restitution for the destruction of […]

UpstreamOnline.com: Shell in Brazil leap: Consortium targets solution for two fields inSantos basin

Malcolm Brinded: Executive Director Shell EP By Gareth Chetwynd A Shell-led consortium has opted for a tension-leg platform solution to develop two heavy oil fields in Brazil’s Santos basin, and regulatory approval for the develoment plan is understood to be close. Shell declared commerciality on the Atlanta and Oliva fields in December 2006 and was […]

THE WALL STREET JOURNAL: Biznes As Usual

March 28, 2008; Page A12 A senior executive at TNK-BP told us a few months ago that the oil company was “a poster child” for foreign investment in Russia. So it is turning out to be, only not in the way he intended. Blessed by Vladimir Putin at its creation in 2003, BP’s Russian joint […]

THE WALL STREET JOURNAL: Violence Imperils Iraq’s Oil Progress

THE WALL STREET JOURNAL: Violence Imperils Iraq’s Oil Progress Attacks in Basra Come Amid Talks With Western Firms By HASSAN HAFIDH in Amman, Jordan, and JOHN D. MCKINNON in Washington March 28, 2008 PAGE ONE  The resurgent violence in Iraq is threatening nascent efforts to enlist foreign companies in developing its immense oil wealth, a […]

Salon.com: Peak oil? Consider it solved

It won’t be easy but we can fix our oil and climate problems at the same time. By Joseph Romm March 28, 2008 For more than a decade, a fierce debate about peak oil has been raging between those who think a peak in global oil production is at hand and those who think the […]

Financial Times: Gazprom chief casts doubt on Kiev gas deal

By Lionel Barber, Catherine Belton and Neil Buckley in Moscow Published: March 27 2008 23:03 | Last updated: March 27 2008 23:03 The intermediary at the heart of the strategically sensitive gas trade between Russia and Ukraine will remain in place for now, according to the man in charge of exports at Gazprom, the Russian […]

Financial Times: Entente cordiale for City bigwigs

By Emiliya Mychasuk and Emiko Terazono Published: March 27 2008 23:06 | Last updated: March 27 2008 23:06 function floatContent(){var paraNum = “3” paraNum = paraNum – 1;var tb = document.getElementById(‘floating-con’);var nl = document.getElementById(‘floating-target’);if(tb.getElementsByTagName(“div”).length> 0){if (nl.getElementsByTagName(“p”).length>= paraNum){nl.insertBefore(tb,nl.getElementsByTagName(“p”)[paraNum]);}else {if (nl.getElementsByTagName(“p”).length == 3){nl.insertBefore(tb,nl.getElementsByTagName(“p”)[2]);}else {nl.insertBefore(tb,nl.getElementsByTagName(“p”)[0]);}}}} The Lord Mayor’s banquet for Nicolas Sarkozy and his wife Carla Bruni on […]

Financial Times: Big already

Published: March 27 2008 20:11 | Last updated: March 27 2008 20:11 CNOOC, the Chinese offshore oil and gas producer, indicated on Thursday that it wanted to turn into a super-major like ExxonMobil or BP or Royal Dutch Shell to improve shareholder returns in the long run. Fu Chengyu, chairman and chief executive, said the […]

Bloomberg: Shell Gabon Workers Want Management Change Before Ending Strike

By Clare Spencer March 27 (Bloomberg) — Employees of Shell Gabon who began a strike last week that halted oil production won’t return to work until there are changes to the company’s management, a labor union official said. Officials from the National Organization of Oil Workers held talks with Shell Gabon Managing Director Hans Bakker […]

Seeking Alpha: Corn Ethanol Can Never Replace Meaningful Quantities of Motor Fuel

posted on: March 27, 2008 Scott Benson: Bio & more articles Corn ethanol will never replace any meaningful quantities of gasoline nor diesel. Like this:Like Loading…