The two naval vessels were heading to a base near a Royal Dutch Shell PLC installation in the Niger Delta when attackers riding in speedboats fired on the convoy, prompting a counterattack that left 12 assailants dead…
Posts on ‘August 15th, 2008’
(Reuters) – Twelve Nigerian militants and one naval officer were killed in a gunbattle on Friday near a Royal Dutch Shell natural gas plant in the oil-producing Niger Delta…
Shell is the worst hit by militant sabotage in Nigeria. Repeated attacks to oil facilities have halted about a fifth of oil supplies from the world’s eighth largest oil exporter, contributing to a rise in oil prices above $100 this year.
BP has to accept the fact that it will lose control of the joint venture and probably sell it to another Russian company, such as OAO Gazprom, Mr. Gheit said.
The BP Plc-led Tangguh venture in Indonesia, the OAO Gazprom-led Sakhalin-2 project in eastern Russia and a Total SA- led development in Yemen may start in 2009 instead of this year, said Frank Harris, global head of LNG at Wood Mackenzie.
That was indicative of the ambitions of the five former Enterprise Oil executives who set the company up shortly after the independent oil explorer was acquired by Shell.
A Moscow court suspended Robert Dudley as chief executive of TNK-BP for two years in a big blow to BPs involvement in Russias second largest oil company.
News of the extraordinary meeting, to be held on September 25, emerged as BP was dealt a fresh blow in its attempt to maintain control of TNK-BP after a Moscow court banned Bob Dudley, the joint ventures chief executive, from working in Russia for two years.