The Monitor (Kampala) Uganda: Shell Oil Sued Over Makerere Land 17 April 2008 Angelo Izama Kampala An estates administrator has accused Shell of fraudulently acquiring land on which its petrol station on Makerere hill stands. Ms Lydia Kizito claims the oil giant illegally bought the land from Mr Dennis Kasule. Mr Kasule, a Shell-dealer- [...]
Posts on ‘April 16th, 2008’
The End of the World as You Know It … and the Rise of the New Energy World Order
The Intelligence Daily, 16 Apr 2008 | Michael T. Klare Posted on 16 April 2008 18:47:49 by E. Pluribus Unum (TomDispatch) — Oil at $110 a barrel. Gasoline at $3.35 (or more) per gallon. Diesel fuel at $4 per gallon. Independent truckers forced off the road. Home heating oil rising to unconscionable price levels. Jet [...]
Corrib Pipeline Controversy: Opinion Polls
By John Donovan Reference the current discussion on this website in relation to the Shell Corrib pipeline, the following article published in October 2006 provides information about a related opinion poll… Corrib Project To Become An Election Issue in Mayo? Writes Bucky of BuckFast For Breakfast on October 20th, 2006 As reported in today’s Irish [...]
The Shell Corrib Gas Project Controversy
By John Donovan We draw attention to the following selection of comments received in relation to the recent article: Email from Ireland concerning Shell Corrib Gas Project FOR THE CORRIB PROJECT From Goblok Most of this letter is bollocks: there are plenty of gas plants sprinkled across Europe with minimal Environmental foot print. If you [...]
Oil hits new high above $114, dollar supports
Reuters: Oil hits new high above $114, dollar supports Wed Apr 16, 2008 5:59am EDT LONDON (Reuters) – Oil struck a new record high above $114 a barrel on Wednesday, buoyed by the weak U.S. dollar, inflows of speculative money and long-term constraints on supply. U.S. crude was 53 cents higher at $114.32 a barrel [...]
Mobil, Shell accused of price fixing, hoarding
Daily Marianas Variety: Torres accuses Mobil, Shell of price fixing, hoarding By Gemma Q. Casas Variety News Staff Thursday April 17, 2008 THE former chairman of the House Public Utilities, Transportation and Communications committee is asking Gov. Benigno R. Fitial to order an investigation into the business practices of the two fuel suppliers in the [...]
Total, Shell face ‘last chance’ for deals – Iran
Reuters: Total, Shell face “last chance” for deals – Iran Wed Apr 16, 2008 11:14am BST TEHRAN, April 16 (Reuters) – Iran said on Wednesday a June deadline would be the last chance for France’s Total (TOTF.PA: Quote, Profile, Research) and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) to finalise deals on developing two major [...]
Shell ‘seeking 30% D6 stake’
Upstreamonline: Shell ‘seeking 30% D6 stake’ By Upstream staff Anglo-Dutch supermajor Shell is reported to be considering a bid for a 30% stake in Reliance Industries’ interest in the D6 deep-water gas discovery in the Krishna-Godavari basin off India’s east coast. India’s Economic Times newspaper reported today that the bid for the stake could be [...]
Oil’s Inverse Proportion
THE WALL STREET JOURNAL: Oil’s Inverse Proportion COMMENT FROM breakingviews April 16, 2008; Page C18 Russian oil production declined in the first quarter of 2008 after several years of rapid growth. That isn’t surprising; an oil industry characterized by capitalism, foreign partners and technology has given way to autarky and state control. Globally, countries closing [...]
Private equity bidders vie for Infineum
Financial Times: Private equity bidders vie for Infineum By Martin Arnold and Lina Saigol Published: April 16 2008 04:17 | Last updated: April 16 2008 04:17 Private equity bidders were this week queuing up to submit £1.5bn bids for Infineum, an oil additives venture between Exxon Mobil and Royal Dutch Shell, in what would be [...]
Taxing times as companies quit UK
Financial Times: Taxing times as companies quit UK By Vanessa Houlder Published: April 16 2008 03:00 | Last updated: April 16 2008 03:00 * 2005 Royal Dutch Shell opted for a parent company with Dutch headquarters and tax residency when it overhauled its dual-listed structure * 2006 Hiscox, a Lloyd’s specialist insurer, moved its head [...]
Shell CFO Peter Voser director of two corporate giants whose reputations left in tatters after financial scandals: Shell and UBS
Financial Times: UBS faces three-year fight for reputation By Chris Hughes and Peter Thal Larsen in London and Haig Simonian in Zurich Published: April 16 2008 00:02 | Last updated: April 16 2008 06:06 UBS faces years of struggle to restore its reputation in the wake of the damage wrought by its troubled investment banking [...]
Shire moves offshore to escape tax burden
Daily Telegraph: Shire moves offshore to escape tax burden By Jonathan Russell Last Updated: 2:49am BST 16/04/2008 Shire, the UK’s third largest pharmaceutical group, is to move offshore to escape the country’s increasingly heavy tax burden. In what tax and business experts called a dangerous precedent, Shire announced on Tuesday it was to create a [...]
The enemy of my enemy is my friend
Daily Telegraph: The enemy of my enemy is my friend Edited by Simon Goodley Last Updated: 12:33am BST 16/04/2008 A feeling of déjà vu comes over me on reading of the Nigerian government’s latest plan for the steel plant it confiscated from a branch of the Mittal family two weeks ago. The case is being [...]
Brazil oil find puts British Gas group in spotlight
The Times: Brazil oil find puts British Gas group in spotlight April 16, 2008 David Wighton: Business Commentary It’s all a bit embarrassin’. Haroldo Lima, a director of Brazil’s National Petroleum Agency, gossiped about a stupendous oil find offshore of Rio de Janeiro. He suggested it was some five times the size of Tupi, an [...]
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