LAGOS (Reuters) – Royal Dutch Shell said it had restarted production at its Bonga offshore oilfield in Nigeria on Tuesday after an attack by militants last week.
Posts on ‘June 24th, 2008’
June 24 (Bloomberg) — Crude oil was little changed in New York after Royal Dutch Shell Plc said that it resumed production at its Nigerian Bonga field that was attacked last week.
On Nov. 23, Royal Dutch Shell Plc, Europe’s biggest oil company, ended a plan to buy Regal’s Ukrainian assets one day after Greer, a former Shell executive, was named as CEO.
Oil prices “will not come down,” OPEC president Chakib Khelil said Tuesday, assuring that the oil cartel has already done what it can on the matter.
A series of sinister and extraordinary events took place after John Donovan issued High Court proceedings against Shell in April 1999. As can be seen Shell has admitted responsibility for some undercover activity (after it was exposed) and denied any connection with other related activity.
Below is a compilation of information put together for certain third parties. It all relates to our involvement in the Sakhalin-2 project which led to Shell’s loss of its ownership stake and the resignation of David Greer. We have published for the first time the correspondence file relating to Oleg Mitvol, the so called “Kremlin Attack Dog”.
Attacks on a Royal Dutch Shell Plc platform and a Chevron Corp. pipeline last week halted 300,000 barrels a day of Nigerian output. The country’s white-collar oil union began a strike against Chevron today that may stop as much as 350,000 barrels a day
WASHINGTON — Lawmakers eager to curb speculation in oil markets got support Monday from witnesses who told a House subcommittee that oil prices could fall sharply if Congress put strict limits on trading in energy futures by investment banks, pension funds and other financial investors.
US regulators are investigating a leak at Prudhoe Bay as BP was replacing corroded pipes almost two years after their discovery forced the temporary closure of North Americas largest oilfield.
Oil prices rose on Monday as geopolitical tensions and concerns about disruptions to output in Nigeria overshadowed Saudi Arabias pledge to provide more crude supplies.
Ann Pickard, the head of Royal Dutch Shell in Africa, pushes across her desk a map that appears to suggest Nigeria has broken out in an alarming rash.
As the leaders of industrial civilisation begin to wonder where they will find the oil and gas to power growth in future decades, Nigeria – which has plenty of both – believes it can demand more of its partners.
With newer entrants from Britain’s BG Group to Russia’s Gazprom jostling for a foothold alongside established majors such as Royal Dutch Shell, ExxonMobil, Chevron and Total, Nigeria’s leaders should be in a stronger position to demand that locals also get their share.
The military was powerless to prevent MEND launching a spate of attacks on pipelines that forced Shell to close 164,000 b/d of oil production in April alone.
Remember, the vast majority of people in the Niger Delta have not benefited from oil. They have no power, no water, no services and no jobs.