I can confirm that a massive hydrotest failure did occur last week causing massive environmental damage and another project delay. Nobody is allowed to talk about it and Craig is out to kill anybody to leaks this news, so I will keep my head down.
Posts on ‘May 2nd, 2008’
Iranian Oil Minister Gholam Hossein Nozari said Iran did not give Total and Shell an ultimatum regarding the South Pars gas field.
SAN RAMON, Calif. (AP) Coming off four straight years of record earnings, Chevron Corp. cashed in on soaring oil prices to begin 2008 with the most profitable first quarter in its history.
The order was sequel to an ex-parte motion filed for the firm by one Mr. Seni Adio of the law firm of Copley and Partners, accusing Shell of some underhand dealing…
“…as a commentator on brand and reputation management I find Shells mismatch between rhetoric and reality a continuing and monstrous disgrace.”
Its not the most elegant phrase to use but it seems appropriate come on Shell Cut the crap.
LONDON, May 2 (Reuters) – About 50 people briefly blocked access to Royal Dutch Shell’s 245,000 barrel per day Stanlow refinery in Wales on Thursday night in protest against high fuel prices, the company said.
Woodside still expects to borrow some funds to finance the A$12 billion ($11.3 billion) project, either through banks or the bond market, Chief Financial OfficerMark Chatterji said in an interview. He declined to say when the company, 34 percent owned by Royal Dutch Shell Plc, may sell bonds.
Shell and Turkiye Petrolleri are working on a memorandum of understanding on the project, to be run by the Turkish Energy Ministry, said Canan Ediboglu, Shell’s country chairwoman in Turkey. She said the agreement may be completed “very soon.”
OIL giant Shell yesterday announced the completion of the transfer of ownership of the Dunlin cluster of fields in the northern North Sea, only a week after revealing plans to axe up to 300 jobs at its Aberdeen offices.
Neither Shell nor any of the partners would comment on possible buyers for Shell’s stake.
Royal Dutch Shell said it is pulling out of the London Array, whichif it ever gets builtwill be one of the worlds largest wind farms. Shell says it will put its one-third stake in the $4 billion project up for sale, part of its regular review of investments. Shells departure leaves the other two partners, Germanys E.On and Denmarks DONG, holding the bag on an increasingly expensive and complex project.
Exxon Mobil Corp.’s $10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future of the industry.
The plug-ins are a new generation of hybrid cars that can run 10 to 40 miles on electric batteries before they have to tap their gasoline engines. This gives them, on a tank of gas, a driving range of as much as 600 miles without recharges to potentially thousands of miles with recharges.
The UK government said the London Array was likely to go ahead without Shell’s participation.
Shell’s surprise decision to pull out of the world’s biggest planned offshore wind farm, the 341-turbine London Array in the Thames Estuary, has thrown into doubt Britain’s attractiveness as a site for offshore wind farms.