Local people have been alarmed to see so many police officers, and sinister figures in green rainjackets, who may be police (although the Irish Police, the Garda Siochána, usually wear blue) or could be Shell security or even members of the Irish Army. Internet access in the area near the Shell compound has been cut off, and the main road to the beach has been blocked.
Posts on ‘September 10th, 2008’
Bankers say Russia is facing its worst crisis since the August 1998 default. The Russian stock market has plummeted more than 40 per cent since May. The conflict with Georgia was the final straw…
Crude oil prices climbed back over the critical $100 level after Opec on Wednesday surprised the oil markets by announcing that it would make a small but symbolic reduction in its output because the oil cartel views the market as oversupplied.
The OPEC oil group has agreed to cut its real output by 520,000 barrels per day in the next 40 days, OPEC’s President and Algerian Energy Minister Chakib Khelil said Wednesday.
TOKYO, Sept 10 (Reuters) – Japan’s Showa Shell Sekiyu KK (5002.T: Quote,Profile, Research, Stock Buzz) plans to cut its crude refining volume…
Shareholders in oil companies such as Shell and BP, both of which made record profits this year as prices soared, are obvious losers with lower prices, as are millions of ordinary British pension-holders.
BP risks confrontation with another arm of the Russian government after the head of the natural resources ministry warned that the UK oil company must agree a gas field deal with Gazprom by the end of the year.
The strains on supply today prompted the boss of Russian-based OAO Gazprom, the biggest natural gas company in the world, to predict that crude oil will reach $250 in the foreseeable future.