Gazprom's consolidated debt stood at 1.2 trillion rubles ($48 billion) at the end of 2007, up 52 percent on a year earlier, after the company acquired control both of the major Sakhalin-2 offshore project and of Moscow utility Mosenergo.
September 24th, 2008:
Gazprom Chief Optimistic Despite Share Price Plunge
Palin’s Big Oil infatuation
Palin’s Big Oil infatuation. She is as much a product of the oil industry as the current president and his vice president.
By Robert F. Kennedy Jr. September 24, 2008 I was water-skiing with my children in a light drizzle off Hyannis, Mass., last month when a sudden, fierce storm plunged us into a melee of towering waves, raking rain, painful hail and midday darkness broken by blinding flashes of lightning. As I hurried to get my children out of the water and back to the dock, I shouted over the roaring wind, “This is some kind of tornado.”The fog consolidated and a waterspout hundreds of feet high rose from the white ocean and darted across its surface, landing for a moment on a moored outboard to spin it like a top, moving toward a distant shore where it briefly became a sand funnel, and then diffusing into the atmosphere as it rained down bits of beach on the harbor. For 24 hours, a light show of violent storms illuminated the coastline, accompanied by booming thunder. My dog was so undone by the display that she kept us all awake with her terrified whining. That same day, two waterspouts appeared on Long Island Sound.
Environment takes back seat to economy in U.S.: CAPP
Mr. Collyer spent 30 years at Shell Canada Ltd., most recently serving as president and country chair of Shell Canada, a division of Royal Dutch Shell PLC. He is replacing Pierre Alvarez, who led CAPP for nine years.
Nigerian oil output around 2 mln bpd – minister
Wed Sep 24, 2008 12:19pm EDT
(Adds comment from Shell)
By Felix Onuah
ABUJA, Sept 24 (Reuters) – Nigerian Oil Minister Odein Ajumogobia said recent militant attacks on oil facilities had not significantly hit output and that the country was currently producing around 2 million barrels per day.
Nigerian militant group the Movement for the Emancipation of the Niger Delta (MEND) staged attacks on oil platforms, pipelines, flow stations and gas plants in the heartland of Africa’s biggest oil and gas industry last week.
When Corporations Spy
The Sunday Times reported in 2001 that Hakluyt hired Manfred Schlickenrieder, a German foreign intelligence operative tasked by the firm to spy on Greenpeace at the behest of oil giants BP and Shell.
Manila to produce oil at Malampaya field in 2 yrs
The gas field is run by a consortium headed by a unit of Royal Dutch Shell.
War in Nigeria
We are like mosquitoes, and come out only at night to suck the blood from the oil majors, Mend said in a recent e-mail to the FT.
Nigerian pledge to break will of oil rebels
A Nigerian general has pledged to break the will of armed groups responsible for a week-long campaign of sabotage against the oil industry in the Niger Delta by launching more raids on their hideouts.
More refineries press restart button
Shell expects to start making motor fuels at its Deer Park refinery this week. The Motiva plant in Port Arthur, which Shell co-owns with Saudi Aramco, could start making gasoline and other products by the end of the week, Shell said.
Shell and Manchester University’s biofuels project
OIL giant Shell is teaming up with Manchester University experts to work on the development of biofuels.
Shell’s $4bn Iraq breakthrough could boost Britain’s natural gas supplies
The deal has angered anti-war campaigners and senior Iraqi figures who complained yesterday that there was no competitive tendering for the contract.