Sakhalin, Russia – The fate of the worlds few remaining Western Grey Whales now rests on the outcome of appeals to Russian authorities and courts following the refusal of an oil consortium to consider alternatives to a proposal to lay an oil pipeline through a shallow lagoon crucial to the whales food supplies.
Posts on ‘October 10th, 2008’
Bernstein Liebhard & Lifshitz, LLP Announces Final Approval of Royal Dutch Shell Securities Class Action Settlement
Fri Oct 10, 8:00 AM ET New York, New York (PRWEB) October 10, 2008 – Bernstein Liebhard & Lifshitz, LLP (“Bernstein Liebhard”) announced that on September 26, 2008, Judge Joel A. Pisano gave final approval to a U.S. settlement with a minimum cash value of $130 million in In re Royal Dutch/Shell Transport Securities Litigation, No. 04-374 (D.N.J.) [...]
Brazilian officials insist any new oil company would not actually drill, but negotiate production-sharing agreements between Petrobras and private partners, which already include Royal Dutch Shell, BG Group Plc, and a division of Galp Energia, Portugal’s biggest energy company.
Royal Dutch Shell PLC’s subsidiary Shell Ukraine E&P is planning to drill its first well in the country in 2009, and is looking for further opportunities in the country, the company’s general manager, Patrick Van Daele, told Dow Jones Newswires Wednesday.
By Michael Hunter Published: October 10 2008 08:23 | Last updated: October 10 2008 08:38 Extracts from article European equities collapsed on Friday, left vulnerable after a dramatic late sell-off in New York extended the sustained losing streak on world stock markets. Banking stocks once more faced heavy selling as confidence in the international financial [...]
B.P. paid millions of dollars to settle felony charges with the Justice Department over the pipeline rupture alone and remains on probation until 2010.
THIS DAY ONLINE http://www.thisdayonline.com/ By Kingsley Nwezeh, 10.10.2008 The family of the slain writer and Ogoni rights activist, Ken Saro-Wiwa, has said the impending trial of oil giant, Royal Dutch Shell Petroleum, in the United States over the 1995 hanging of Saro-Wiwa and eight other Ogoni activists is a big relief. THISDAY had reported yesterday [...]