Posts on ‘March 11th, 2008’

Tue Mar 11, 2008 8:56pm GMT WASHINGTON, March 11 (Reuters) – A U.S. congressional committee on Tuesday asked the leaders of the world’s five biggest publicly traded oil companies to testify at a hearing in early April on why the companies still need federal tax breaks while earning huge profits off record oil prices. The [...]

By Ed Crooks in London Published: March 11 2008 22:13 | Last updated: March 11 2008 22:13 The soaring oil price did little to stimulate mergers and acquisitions activity in the oil and gas industry last year, according to the leading study of deals in the sector, to be published on Wednesday. The survey from [...]

By Javier Blas and Neil Dennis Published: March 11 2008 11:10 | Last updated: March 11 2008 20:11 Oil came close to breaching $110 a barrel, boosted by signs that demand in China remained robust and investors were seeking protection against further weakness in the US dollar. The rise in oil prices came after the [...]

Filed from Houston 3/11/2008 7:09:49 PM GMT   THAILAND: Shell will issue an international tender within the next four months to selected consortia, formed from shipyards in Japan and Korea and international engineering procurement and construction contractors, for a floating liquefied natural gas (FLNG) construction project, said Jon Chadwick, vice president of Shell Gas & [...]

Centre for Jatropha Promotion & Biodiesel (CJP) is happy to announce the 2nd Global Jatropha Hi-Tech Agricultural Training Programme (JTP) in India from July-14-18, 2008. CJP has the privilege to provide most authoritative Knowledge platform known as Global Jatropha Hi-Tech Agricultural Training Programme for Development of Sustainable Non-Food Jatropha Oil Crop Projects, Programmes and Priorities [...]

The Associated Press Published: March 11, 2008 RIO DE JANEIRO, Brazil: Royal Dutch Shell PLC has signed a deal to supply liquefied natural gas to Brazil’s government-run oil giant Petrobras, the companies said in a joint statement Tuesday. The gas will meet part of Petrobras’ import needs to fuel thermoelectric plants in Brazil, the companies [...]

By John Donovan Today has proven to be one of the more lively days on Live Chat. One outspoken contributor claimed: “Shell remains a top dog among oil companies” Someone quickly took issue with this assertion, observing: Top Dog? The description of vd Veer, Brinded and Cook that I heard very recently from a very [...]

March 11th, 2008 06:28 UpstreamOnline: Pearl GTL set for big payback Paddy what do you say to this … great investment … have you put your money into RDS shares now? Goblok

By Philip Davis: Bio & more articles In March of 2005, Goldman Sachs kicked off the oil speculation boom by releasing a report that “Oil Could Spike to $105.”

BILL CAMPBELL, FORMER GROUP AUDITOR OF SHELL INTERNATIONAL By John Donovan Below is the full content – every word – of a statement former Shell Group Auditor Bill Campbell has sent to Shell, the HSE, the news media and other interested parties. This article was first published to coincide with a related report broadcast on TV [...]

By Damon Evans Woodside’s North West Shelf train-V liquefied natural gas expansion project looks set to be delayed by at least three months till September due to construction delays on site. “The original completion date was targeted in June, with first gas loaded in July, but it looks like construction delays will set back completion [...]

By Damon Evans The $18 billion Shell-led Pearl gas-to-liquids plant on the eastern coast of Qatar is set to reap the rewards of the current high oil price climate and is likely to have a payback period of as little as four years due burgeoning GTL economics. The Pearl plant will be the largest GTL [...]

THE WALL STREET JOURNAL: Crude-Oil Futures Soar To Another High, $107.90 By BRIAN BASKIN March 11, 2008; Page C7 HOUSTON — Crude futures moved further into uncharted territory, with oil gaining momentum in defiance of a decline in other commodities.   Light, sweet crude for April delivery rose $2.75, or 2.6%, to $107.90 a barrel [...]

By Raphael Minder in Bangkok Published: March 11 2008 02:00 | Last updated: March 11 2008 02:00 Chevron, the US oil and gas company, said yesterday it would develop a second liquefied natural gas (LNG) hub in Australia, adding to its Gorgon venture and rivalling a neighbouring project owned by Woodside Petroleum, the Australian producer. [...]

Terry Macalister Tuesday March 11 2008 Former BP chief Lord Browne has underlined the growing commercial value of tropical forests by joining a business that claims to mix “ethical” conservation with selling carbon credits. Browne’s appointment at Sustainable Forestry Management came as oil companies Shell and ExxonMobil said they may sell Infineum, a biofuels joint [...]