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Posts on ‘April 3rd, 2008’

Chevron Accused of Lying to Shareholders Over $16 Billion Damages Claim to Ecuador

Rainforest Case by Amazon Defense Coalition  Posted : Thu, 03 Apr 2008 18:09:26 GMT Author : Amazon Defense Coalition  Category : Press Release  CEO O’Reilly Violates SEC Regulations and Corporate Governance Duties By Hiding Liability, Lawyers Say QUITO, Ecuador, April 3, 2008  /PRNewswire/ — Chevron Corp.’s  management is lying to shareholders about the finding by [...]

Analysis: Shell pipeline fires continue

United Press International: Analysis: Shell pipeline fires continue Published: April 3, 2008 at 1:34 PM By CARMEN GENTILE UPI Energy Correspondent Two fires have ignited in recent days along Royal Dutch Shell pipelines in the oil-rich Niger Delta, prompting speculation militant groups were behind the incidents. Although a Shell spokesman said the cause of the [...]

Shell accused of keeping staff in dark over job losses

 silicon.com: Shell accused of keeping staff in dark over job losses Union says oil giant is “dumping” staff…  By Nick Heath Published: 3 April 2008 16:37 BST Shell has been accused of keeping IT staff in the dark over their future following the oil giant’s £4bn outsourcing deals. EDS will be the operational integrator for [...]

GM, Honda Fuel-Cell Plans Frustrated by Hydrogen-Station Delay

Bloomberg: GM, Honda Fuel-Cell Plans Frustrated by Hydrogen-Station Delay By Alan Ohnsman April 3 (Bloomberg) — General Motors Corp. and Honda Motor Co. said delays by energy companies in adding hydrogen stations in California threaten to hold back the market for cars powered by the clean fuel. California said last week that the six biggest [...]

ExxonMobil: A Big Opportunity in Big Oil

BusinessWeek: ExxonMobil: A Big Opportunity in Big Oil Prospects for continued growth in production volumes—and strength in oil and gas prices—prompt S&P to rate the energy giant a strong buy by Tina Vital From Standard & Poor’s Equity Research April 1, 2008, 12:01AM EST We think energy giant ExxonMobil’s (XOM; recent price, 85) size gives [...]

Nigeria: Gas Flaring – Niger Delta Youths Sue Shell, Total, ExxonMobil, Chevron and others

allAfrica.com: Nigeria: Gas Flaring – Niger Delta Youths Sue Shell, Total, Others Leadership (Abuja) 3 April 2008 Gowon Emakpe The Niger Delta youths movement has dragged six oil companies and the federal government, before a Federal High Court in Abuja. President of the Niger Delta Youths Movements, Mr. Onengiye Elekima, in his statement of claim, [...]

allAfrica.com: Nigeria: Gas Flaring – Niger Delta Youths Sue Shell, Total, Others

Leadership (Abuja) 3 April 2008 Gowon Emakpe The Niger Delta youths movement has dragged six oil companies and the federal government, before a Federal High Court in Abuja. President of the Niger Delta Youths Movements, Mr. Onengiye Elekima, in his statement of claim, is suing five major oil companies and the federal government for allegedly [...]

BP CEO Holds Talks With Gazprom Chairman On Strategic Alliance-BP

Thursday April 3rd, 2008 / 12h48    LONDON -(Dow Jones)- BP PLC (BP) Chief Executive Tony Hayward is meeting OAO Gazprom (GAZP.RS) Chairman Alexey Miller Thursday to continue discussions on a strategic alliance signed last year, a spokesman for the British oil giant said. The talks come amid mounting speculation that a Russian state company [...]

Chevron, Exxon Should Focus on International Production

SeekingAlpha.com: Chevron, Exxon Should Focus on International Production posted on: April 03, 2008 Stephen Rosenman: Bio & more articles The House of Representatives grilled executives from five major oil companies.

Shell says Nigeria pipeline fire blazes on

Reuters: Shell says Nigeria pipeline fire blazes on Thu Apr 3, 2008 10:45am BST  LONDON, April 3 (Reuters) – A fire at Royal Dutch Shell’s (RDSa.L: Quote, Profile, Research) major oil export pipeline in Nigeria continued for a fifth day, but output and exports were unaffected, a company spokesman said on Thursday. The blaze started [...]

Broadwater Energy project: Scandal Ends Project’s Life (or Not)

THE NEW YORK TIMES: Scandal Ends Project’s Life (or Not)   By PETER APPLEBOME Published: April 3, 2008 The law of unintended consequences invariably plays out in its own capricious ways, but here’s another that would have been impossible to predict. Could the fate of one of the most bitterly opposed development proposals in the [...]

Royal Dutch Shell Plc among companies seeking natural gas finds off Australia’s northwest

BLOOMBERG: Australian Oil, Gas Exploration Spending Jumped 70% (Update2) By Angela Macdonald-Smith April 3 (Bloomberg) — Australian spending on offshore oil and gas exploration jumped 70 percent last year to a record because of spiraling costs and equipment shortages, the national petroleum industry lobby group said. Investment in the hunt for oil and gas in [...]

Oleg Mitvol of the natural resources ministry, the scourge of Shell over Sakhalin 2

Financial Times: Imperial faces more potential pitfalls By Ed Crooks in London Published: April 3 2008 02:33 | Last updated: April 3 2008 02:33 Imperial Energy has greater oil reserves than any other independent company – that is, excluding Royal Dutch Shell, BP and BG Group – listed in London. Its proven and probable reserves [...]

Is EDS Making Waves Across the Pond? ‘It will be interesting to watch the menage-a-trois at Shell to see how it shakes out.’

CIO magazine: Is EDS Making Waves Across the Pond? Wed, Apr 2, 2008 20:13 EDT Posted by: Stephanie Overby in News EDS’s billion-dollar deal with Royal Dutch Shell marks a milestone in the IT service provider’s attempt to market itself as a manager of other outsourcers – a capo di tutti capi, if you will. [...]

Royal Dutch Shell and T-Systems sign RM 4.9 billion deal

[Picture: Ms Goh Swee Chen, vice president, Global IT Infrastructure and Services, Mr Thomas Jakob, CEO of T-Systems Malaysia at the signing ceremony.] Computerworld.com.my: Royal Dutch Shell and T-Systems sign RM 4.9 billion deal Deutsche Telekom’s enterprise customer unit, T-Systems, has secured the global hosting and storage section of a multi-sourcing contract with Royal Dutch [...]