In the oil sector, all the major companies have been drawn into the Kremlin’s new great game. Shell has lost majority ownership of its vast Sakhalin project; Total has been reduced to the status of a services company; BP seems on the verge of having 25% of its reserves expropriated by Russian oligarchs.
Posts from ‘August, 2008’
Darling under pressure to ease jitters over tax
2003: * Shell Opts for a parent company with Dutch HQ and tax residency
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Shell Guides: No stone was left untold
Of the rash of quality guidebooks that hit the bookshelves in the first half of the past century, it was the Shell Guides, with their sharp writing and atmospheric black and white photos and pictures, that elevated the medium to an art form
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Navy called in over Shell Corrib pipeline protests
A naval ship has been deployed as protests mounted over a controversial Shell gas pipeline.
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China Reaches $3 Billion Deal To Develop Oil Field in Iraq
Ministry officials had said they hoped to sign contracts with Western companies by the end of June. Now, those talks — with major oil companies such as Royal Dutch Shell PLC,BP PLC and Exxon Mobil Corp. — are unlikely to go through, the Oil Ministry said.
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Gulf storm shuts US oil and gas production
Royal Dutch Shell and ConocoPhillips led the majors in evacuating personnel and ceasing production.
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Oil Producers Prepare for Storm in the Gulf
BP, ConocoPhillips, Shell and Transocean, a large drilling contractor, have begun evacuating hundreds of workers from rigs and production platforms in deep waters of the Gulf.
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Russia may cut off oil flow to the West
Fears are mounting that Russia may restrict oil deliveries to Western Europe over coming days, in response to the threat of EU sanctions and Nato naval actions in the Black Sea. Such action would be seen as economic warfare…
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Few companies are watching Gustav more closely than Royal Dutch Shell
Few companies are watching Gustav more closely than Royal Dutch Shell. About 80 percent of Shell’s U.S. oil and natural-gas production comes from the Gulf of Mexico, where it’s the top oil producer.
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Shell expects to shut all Gulf output in 2 days
Shell flew 400 workers onshore Wednesday. The company has a staff of 1,300 workers in the Gulf. All workers are expected to be onshore by Saturday.
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