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Posts from ‘September, 2008’

Shell opens new office in Baghdad in deal with Iraqi Government

Times Online September 25, 2008 Tim Albone, Baghdad Royal Dutch Shell opened an office in Baghdad this week, the first major international oil firm to do so since 1972 when the industry was nationalised. The news of the opening comes after Shell signed a deal, potentially worth billions of dollars, with the state-run Southern Oil [...]

Shell, BP to Shut Refineries for Repair, Cut Europe Fuel Supply

Sept. 25 (Bloomberg) — Royal Dutch Shell Plc, BP Plc and Total SA are leading oil companies that will shut at least 6 percent of Europe’s refining for repairs next month, reducing inventories already diminished by U.S. demand after Hurricane Ike.

Repsol Gains on Report Total, Shell May Consider Making Bid

Sept. 25 (Bloomberg) — Repsol YPF SA rose in Madrid trading after Expansion said Total SA and Royal Dutch Shell Plc are studying the possibility of buying the Spanish oil company, citing unidentified people close to the conversations.

Speculator? Oil Firm? Theories on Crude Spike

Chevron Corp. declined to comment and referred questions to the American Petroleum Institute, where a spokeswoman said she had no information on the matter. Royal Dutch Shell PLC and BP PLC didn’t return phone calls. An Exxon Mobil Corp. spokesman declined to comment.

Total and Shell study buying Repsol stakes-paper

The Spanish government has indicated it would look favourably on Total taking over Repsol, Expansion cited sources close to discussions on the issue as saying.

Gazprom Chief Optimistic Despite Share Price Plunge

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.

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 [...]

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 [...]

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.