Mitvol was appointed deputy head of the environmental regulator in April 2004, but came to international attention in late 2006 when he led a campaign against oil major Shell that resulted in a lucrative project being sold to Gazprom.
Posts on ‘November 10th, 2008’
Liesbeth Zegveld said: Shell headquarters believes it is untouchable, but we believe it is legally responsible for damage caused in Nigeria. Shell headquarters has the authority and control to ensure that its oil spills in Nigeria are prevented and cleaned up. We accuse Shell of negligence.
Anadarko’s proven deposits have a stock market value of $6.99 a barrel after its shares tumbled 45 percent this year in New York trading, while Dana’s are at $7.80 a barrel. That’s more than 39 percent below the $12.87 a barrel Royal Dutch Shell Plc spent last year to find and develop its own fields, data compiled by Bloomberg show, and may attract offers.
Exxon Mobil, based in Irving, Texas, remains the world’s largest company by market value. It trades at about 8.5 times estimated earnings. Houston-based ConocoPhillips and San Ramon, California-based Chevron Corp., as well as Royal Dutch Shell Plc, in The Hague, and London-based BP Plc have ratios between 4.5 and 6.5.
Nov. 10 (Bloomberg) — The main militant group in Nigeria’s oil region said it freed a Ukrainian and three Nigerian hostages, while still holding two British nationals.
The following year was critical for Shell: The company was rocked by scandal when it emerged that it had overstated its energy reserves. There followed a major restructuring, which catapulted Ms. Cook to the top echelons of Shell management.
Monday 10 November 2008 Global ambitions to sharply reduce the amount of carbon dioxide emissions over the next few years cannot be achieved, Shell CEO Jeroen van der Veer says in an interview with Mondays Financieele Dagblad. It is extremely simple. Over the next few years, the world will produce more oil, more gas and [...]
The group made good an earlier warning in May, to sue Shell due to the slow pace of court proceedings in Nigeria, and Shells refusal to obey court orders.
The Sierra Club, the country’s largest grassroots environmental organisation, said it was concerned about last-minute changes from the Bush administration. “They have consistently weakened protections over the last eight years, and we are encouraged that the Obama team plans to act to clean up the mess when they get into office,” the club said.
Last week, BP said that it was pulling out of a British CCS project and was abandoning the domestic wind energy industry altogether in search of higher returns in the United States. Other renewable energy projects are struggling under the twin burdens of high costs and a lack of finance. The weaker oil price has also undermined their economic attractiveness to lenders a