ABUJA (Reuters) – Nigeria signed a $3.1 billion deal with the local arm of Royal Dutch Shell on Monday to plug a funding gap in their joint venture projects, the country’s state oil firm NNPC said.
Posts on ‘May 26th, 2008’
MOSCOW, May 26 (Reuters) – The chief executive of BP’s Russian venture, TNK-BP, has acknowledged for the first time that the Russian and British shareholders disagree on matters, saying it could damage oil production.
Prince Andrew forced to defend decision to sell his palatial English mansion for Ł3 million above asking price
As part of his role as trade ambassador, Prince Andrew has been involved in brokering energy deals for British companies in Kazakhstan. Labour MP Ian Davidson said the property sale raised questions over whether there were any strings attached.
Exxon will not contribute to some nine groups in 2008 that it funded in 2007.
LAGOS, May 26 (Reuters) – Royal Dutch Shell said on Monday it had been forced to shut in some production in Nigeria after militants attacked a major oil pipeline in the Niger Delta.
ISTANBUL (Reuters) – Royal Dutch Shell Plc is near signing a deal with Turkish Calik Energy and Italian Eni to join work on a oil pipeline between the Black and Mediterranean seas, sources close to the deal said on Monday.
Rebels from Nigeria’s oil-producing Niger Delta said they had blown up a Royal Dutch Shell pipeline and killed 11 soldiers in a gun battle today, but the army denied losing any men.
LAGOS (Reuters) – Rebels from Nigeria’s oil-producing Niger Delta said on Monday they had attacked a Royal Dutch Shell pipeline and killed 11 soldiers, but the army denied there had been any attack.
Prince Andrew, the “Playboy Prince” connected with Shell, an oil giant with a long track record of corrupt business practices, has reportedly sold for Ł15 million ($30 million) the palatial house he received as a wedding gift from his mum, Queen Elizabeth II.
After the Easter weekend, the Prince criss-crossed the country on a chartered jet, meeting the President, pushing Rolls-Royce, BP, Shell and BG Energy, before flying back to UK on a scheduled British Airways flight.
HRH Prince Andrew closed the event remarking that there has never been a better time to invest in Abu Dhabi and reflecting on the prominent and vital role that companies like Shell have played in the economic expansion of the UAE.
Prince Andrew, a senior member of the British royal family, may provoke international criticism this week when he visits an oil project which threatens to lead to the extinction of the Western Pacific grey whale, damage environments and destroy fisheries.
At the end of the visit, Prince Andrew was also introduced to Shell’s efforts to promote youth self-employment in the UAE when he met with a group of UAE nationals who had recently graduated from the Shell Intilaaqah programme, which nurtures the growth of young entrepreneurs.
The complex, jointly owned by Qatar Petroleum (QP) and Shell, was inaugurated by Qatar Electricity and Water Company?s general manager Fahad Hamad al-Mohannadi. Royal Dutch Shell?s executive director Linda Cook, diplomats and senior QP and Shell executives were among those present.
The Safeway gas station in Maple Valley had gas mixed with water, and company spokeswoman Cherie Myers said the contaminated fuel came about 5 p.m. from a Shell refinery that supplies the gas stations.