Energy producers such as Royal Dutch Shell Plc and Chevron Corp. have accelerated exploration of the northernmost regions for untapped reserves amid record prices and receding access to deposits in more hospitable climates.
Posts on ‘July 23rd, 2008’
The main militant group in Nigeria’s oil-producing Niger Delta said on Wednesday it would attack major oil pipelines in the next 30 days to prove it had not received payment from the government to end its campaign.
Ultimately, these people say, the Kremlin is seeking to gain control over the venture for a state company like OAO Gazprom, likely leaving BP as a minority partner.
Current shale development is in a research stage. Shell Exploration & Production Co. is working an oil-shale project on three 160-acre parcels in Colorado. Shell agreed with the administration that producers need final leasing regulations so that the “rules of the game” are clear.
Its statement followed the arrest of 12 people, including Rossport Five member Willie Corduff, at Glengad yesterday during a protest. The 11 men and one woman were questioned in relation to alleged criminal trespass, and were released without charge shortly before 6pm, according to the Garda in Belmullet, Co Mayo.
Shell also said about 200 workers had been evacuated from offshore platforms, but Dolly was not expected to impact offshore prodcution.
“This is a form of intimidation and harassment with photographs being taken,”
Dmitry Peskov, spokesman for Vladimir Putin, the Russian prime minister, reiterated that view on Tuesday but added we can only hope that such decisions by BP do not negatively impact the activity of the company.
BP has conceded a fresh defeat in its struggle for control of TNK-BP, its Russian joint venture…