Posts on ‘April 27th, 2008’

Windfall tax urged as profits soar to £68bn Phillip Inman The Guardian, Monday April 28 2008 The world’s big oil firms, including BP and Shell, are expected to announce a jump in profits of more than a quarter this week. BP’s profits are expected to soar by more than 40% and Shell’s by around 15% [...]

Daily Telegraph: Profits at BP and Shell to soar amid concern over fuel prices By Ben Bland Last Updated: 11:30pm BST 27/04/2008 The record oil price will help BP and Royal Dutch Shell post bumper first-quarter profits tomorrow amid growing concerns about how consumers and businesses will cope with the soaring cost of fuel. City [...]

Dry run: A near-deserted Shell station in Edinburgh Daily Telegraph: UK faces six weeks of record petrol price rises Richard Edwards Last Updated: 7:21pm BST 27/04/2008 Britain faces six weeks of record petrol price rises in the wake of the Grangemouth oil refinery strike, trade experts have warned. Officials are expecting to announce the 15th [...]

Voice of America: Nigeria’s Oil Crisis Talks Deadlocked By Gilbert da Costa Abuja 27 April 2008 The strike at ExxonMobil’s Nigeria affiliate entered its fourth day Sunday with the shutdown of nearly all of the company’s 800,000 barrels per day output. Gilbert da Costa in Abuja reports talks to resolve the dispute have been constrained [...]

Irish Times: New location urged for Corrib refinery 27/04/2008  17:51 Residents of Rossport in Co Mayo have called on Shell E&P to consider a new initiative aimed at resolving the dispute over the location of the Corrib gas refinery. In a statement issued today, residents urged Shell E&P to consider relocating the Corrib refinery to [...]

steelguru.com: Russia to supply 8 million tonnes of LNG to Japan in 2009 APRIL 28, 2008 RIA Novosti reported that from 2009, Russia will supply 8 million tonnes of liquefied natural gas annually to Japan through the Sakhalin II oil and gas project. The spokesman said ahead of a Saturday meeting between Mr Yasuo Fukuda [...]

The information below relates to the article published by The Calgary Herald on 26 April 2008 under the headline: “The Calgary Herald: Halliburton implicates Shell in probe” Halliburton implicates Shell in Nigerian bribes probe Extracts from Halliburton’s filing with the U.S. Securities & Exchange Commission filing date 25 April 2008 UNITED STATES SECURITIES AND EXCHANGE [...]

MarketWatch: Justice Dept. expands probe into Halliburton’s Nigerian operations By Benoit Faucon Last update: 9:56 a.m. EDT April 27, 2008 LONDON (MarketWatch) — The U.S. Department of Justice is looking at allegations of corruption by a Halliburton Co. unit in relation to the management of Nigeria’s EA oil platform project, a regulatory filing says. The [...]

AFX UK Focus: Alarm at Shell retention awards – reports LONDON (Thomson Financial) – Royal Dutch Shell Plc. and several other leading companies stand to feel the wrath of shareholders in coming weeks because of a growing trend of paying executives handsome bonuses simply for staying in their jobs, according to a report in the [...]

nelsonmail.co.nz: 5 dead as gunmen storm police station in Nigeria Reuters | Monday, 28 April 2008 Unidentified gunmen have killed five policemen and seized several weapons in a raid on a police station in the oil-rich southern Nigerian state of Rivers. The attack took place early on Sunday on Bonny Island, the site of one [...]

Gulf-Times: New Qatargas projects ‘well on track’ – Shell Published: Sunday, 27 April, 2008, 07:55 AM Doha Time Business Reporter DOHA: The offshore works relating to Qatargas 3 and 4 projects are “right on track”, Shell has said. Qatargas 3 and Qatargas 4 comprise two mega trains of 7.8mn tonnes per year (tpy) annual capacity [...]

Appeal by rossportsolidaritycamp regarding Royal Dutch Shell Plc AGM on 20 May 2008 Just to remind you that the Shell AGM is on Tuesday 20th May in London & Holland. If anyone has Shell shares, please email back if you are going, or would let someone else use them. If you don’t have shares but [...]