The American public is fed up with Big Oil. In 2006 Gallup published its annual rating of public perceptions of U.S. industry. The oil industry is always a poor performer, but this time it came in dead last earning the lowest rating for any industry in the history of the poll.
Posts on ‘October 22nd, 2008’
…Gazproms net debt balance of Rbs1,103bn ($41.7bn) was still very high the result of borrowing a record amount last year to fuel an acquisition spree in Russia, including control of Royal Dutch Shells Sakahlin-2 project.
The arrests – which came after raids last month on a number of properties in Britain, Hungary and Austria – highlight the wide range of active probes still facing BAE in the aftermath of the scrapped investigation into its Saudi Arabian arms deals.
U.S. Justice Department investigation into British corruption in sale of Tornado aircraft to Saudis (in which Shell played a key role)
In February, the U.S. Senate Foreign Relations Committee, which is responsible for approving U.S. technology exports, asked the Department of Justice whether the Typhoon sale would prejudice the ongoing corruption investigation. The committee is still awaiting a reply.
Andy Brown, Shells managing director of Pearl GTL and Qatar Country Chairman said, It is an honour for us to have minister van der Hoeven visit our facility. Her visit demonstrates the support we receive from the Dutch government to transfer energy technologies from our ongoing Shell research centres in the Netherlands to the Qatar Science and Technology Park for the benefit of Qatar, bringing companies and nations together in the pursuit of real energy solutions for the real world.
For big state-owned and private oil companies, Africa has played an outsized role. It is responsible for adding nearly a quarter of the globe’s total increase in reserves over the past decade. That has been a boon for companies such as Royal Dutch Shell PLC, Exxon MobilCorp. and Total SA, all of which have struggled to replace reserves on their books
Attorney General Lisa Madigan today announced an agreement with Shell Oil Products US and its joint venture, Motiva Enterprises LLC, in which Shell will implement new procedures designed to reduce cigarette sales to minors at more than 13,000 independent retail outlets.