The Japan Bank for International Cooperation (JBIC) and four private-sector banks are finalizing plans to provide a $5.3 billion loan for the Sakhalin-2 oil and natural gas development project.
June 5th, 2008:
Sakhalin-2 loan secured; year-round flow to begin
Petrol crisis looms as Shell faces drivers strike
Fears of a new petrol crisis have deepened after lorry drivers for Shell's suppliers announced a four day strike.
Russian Police Summon Chief of British-Russian Energy Venture in Tax Probe
...energy analysts compared the BP situation to Gazprom's forced 2006 takeover of the giant Sakhalin-two project in Russia's Far East. A Western consortium led by Royal Dutch Shell agreed to sell its controlling interest in the Sakhalin project, after Russian threats of huge lawsuits against the consortium for alleged environmental infractions.
Talks over Shell driver pay fail
Talks aimed at halting a strike by drivers who deliver fuel to Shell petrol stations have broken down.
Gorgon’s Delays May Force Tokyo Gas, Chubu to Pay More for LNG
The development, which has no scheduled start date, has been dogged by regulatory obstacles, spiraling costs, and delays by partners Royal Dutch Shell Plc and Exxon Mobil Corp.
Nigeria’s Ogoni Movement Welcomes Shell’s Loss of Oilfields
Shell said yesterday that it hasn't been informed of the government's decision.
Nigeria’s Ogoni hope Shell ouster brings prosperity
LAGOS, June 5 (Reuters) - The planned removal of oil giant Shell from southern Nigeria's Ogoniland will finally give the impoverished region a chance to develop, the son of executed activist Ken Saro-Wiwa said on Thursday.
Water crisis to be biggest world risk
A catastrophic water shortage could prove an even bigger threat to mankind this century than soaring food prices and the relentless exhaustion of energy reserves...
Ogoni people welcome Nigerian move against Shell
The Movement for the Survival of the Ogoni People (MOSOP), whose former head Ken Saro-Wiwa was hanged for his stance against the effects of oil-drilling, notably by Shell, called the move "a bold step that stands the brightest chance of quickening the resumption of oil activities in Ogoni."
In the wake of Shell “lies corruption, despoliation and death”: Andrew Rowell in his remarkable article “Unloveable Shell, the Goddess of Oil”
In view of the overnight news from Nigeria it seems an appropriate time to publish for the first time on the Internet the most dramatic masterpiece about Shell and its atrocious track record, especially in Nigeria, that we have ever seen. Authored by Andrew Rowell, it was published by The Guardian over 10 years ago on 15 November 1997 under the title: Unloveable Shell, the Goddess of Oil.
Nigeria’s removal of Shell hailed
On Wednesday, President Yar'adua said Shell would be replaced by another company by the end of the year. Mr Saro-Wiwa Junior said Shell's removal from Ogoniland would send a signal to the rest of the volatile region that dialogue was the way forward.
Jeroen van der Veer: Shell is among the largest investors in the Russian economy
Shell projects in Russia involve the development of Sakhalin II Project offshore Sakhalin island together with OAO Gazprom, Mitsui and Mitsubishi, and the development of the Salym oil fields (Khanty-Mansi autonomous okrug), jointly with OAO NK Evikhon, a subsidiary of Sibir Energy. Shell also participates in Caspian Pipeline Consortium.
Bilderberg, Shadow Super-government: ROYAL DUTCH SHELL CONNECTIONS
Royal Dutch Shell Plc board members Jeroen van der Veer and Jorma Ollila, and Queen Beatrix of the Netherlands - a long term major shareholder in Royal Dutch Shell - are all members of this sinister super secret group and all three have attended the infamous secret meetings.
Russia ‘to quiz BP Moscow chief’
TNK-BP was told last year that it was in danger of losing its production licence for a Siberian gas field for not meeting production targets. The company eventually sold its stake in the Kovykta field to Russian state-controlled Gazprom. Also last year, Royal Dutch Shell was forced to hand over part of its stake in a massive Siberian gas field.
Australia to Promote Coal-to-Liquids to Improve Energy Security
Monash Energy, a venture between Anglo American Plc and Royal Dutch Shell Plc, is considering building a plant in Victoria state to turn coal into motor fuel...
Two can play at this game
TNK-BP ceded its controlling stake to Gazprom, a bit like Royal Dutch Shell, which a year earlier gave up a majority of its Sakhalin 2 gas and oil project to the state-controlled company.