“You really would want to stay invested in this,” said Peter Hutton, analyst with NCB Stockbrokers. He picked Royal Dutch Shell as the best way of staying on top of record oil prices, thanks to its exploration and production activities, even as costs soar and refining margins get crimped.
Posts on ‘July 3rd, 2008’
Final Warning: Probably the most important article written about the oil price crisis… FROM NEWSCIENTIST MAGAZINE 28 JUNE 2008 http://www.shellnews.net/PDFs/FinalWarning.pdf
The World Petroleum Congress wrapped up Thursday in the shadow of record crude prices, with concern growing about a third oil shock but with little consensus about what to do about it.
(CNSNews.com) – As the price of oil continues to rise, some are turning to God and prayer for an answer to their financial troubles.
Oil soars to record near $146 amid concerns over hefty drop in US stockpiles, Iran conflict
Halliburton (NYSE: HAL) announced today that it has closed the previously announced acquisition of the 49 percent equity of Shell Technology Ventures Fund 1 B.V. in WellDynamics B.V. With this transaction complete, Halliburton owns 100 percent of WellDynamics.
JPMorgan today announced an agreement with Shell Asset Management Company (SAMCo), the asset management arm of Royal Dutch Shell, enabling a global provision to service Shell corporate pension and insurance plans with total assets in excess of $70 billion.
CONTROVERSIES SURROUNDING ROYAL DUTCH SHELL
Shell spokesman Curtis Smith declined to comment apart from saying the ruling came after business hours. Shell plans to carry out its seismic program in Alaska this summer, he said.
Royal Dutch Shell Plc, the biggest non-government producer of liquefied natural gas, called for an increase in gas production capacity to meet worldwide demand.
For the first time in a decade, Americans are saying they will be traveling less.
…even global giant Royal Dutch Shell PLC has gotten involved, via a partnership with Canadian energy producer EnCana Corp.
Bush administration officials knew that a Texas oil company with close ties to President Bush was planning to sign an oil deal with the regional Kurdistan government that ran counter to American policy and undercut Iraqs central government, a Congressional committee has concluded.
Markets won’t correct the soaring prices that threaten our economic wellbeing. So governments must
The truth is that the rule of law in Russia was mocked, not strengthened, under Vladimir Putin, and it remains a sham. It offered no more protection for Shell (squeezed out of the Sakhalin-2 gas project after being threatened with a $30 billion environmental lawsuit) or Yukos (dismantled by the Tax Ministry and sold off to Kremlin allies) than it does now for BP or 140 million ordinary Russians.