Friday, November 07, 2008 Updated at 07 November 2008 0:11 Moscow Time. Gazprom’s Sakhalin Energy venture began filling an oil pipeline from Sakhalin-2 that may allow it to start year-round crude production this year. Sakhalin Energy expects the first tanker loading at the port of Prigorodnoye by the end of 2008, said Marina Makarova, the firm’s [...]
Posts on ‘November 6th, 2008’
“We strongly demand that rtd. General Jeremiah Useni tenders an immediate open and unreserved apology to the Ogoni people for justifying the cruel hanging of our innocent leader Ken Saro-Wiwa and our Ogoni Eight colleagues to please the multinational oil company Shell, with immediate effect”
A recent settlement decided that Total will provide the first managing director of the newly established North Caspian Operating Company. The decision ended more than a year of dispute between the project’s international oil company partners – most notably ExxonMobil of the US, and Total, Royal Dutch Shell and Eni of Europe – and the Kazakh government.
Royal Dutch Shell last week said it would defer a decision on expansion of an oil sands project, while investments have also been put on hold by Britain’s BG and Norway’s StatoilHydro.
More than a year after the court placed an injunction on Shell’s Beaufort Sea drilling, the court has still not ruled on an appeal by the North Slope Borough, the Alaska Eskimo Whaling Commission and several environmental organizations against the U.S. Minerals Management Service’s approval of Shell’s Beaufort Sea exploration plan. The court heard oral arguments in the case last December.
Nov. 6 (Bloomberg) — Royal Dutch Shell Plc may become the first major Western company to move a large team of foreign workers to Iraq…
Shell didnt detail who exactly would be getting screwed.
For Shell, the risks are worth taking. With the worlds third-largest reserves of oil, Iraq is very attractive for Western oil companies eager to gain access to new reserves which are increasingly difficult to find and gain access to elsewhere.
In recent weeks the Anglo-Dutch oil giant has been sounding out security companies, suppliers and logistics companies in Iraq about how to support an expatriate operation of as many as 200 people in Basra, where it has signed a preliminary deal worth up to $4 billion (£2.5 billion) to process and market natural gas.